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Press Release

Gooding & Company’s Pebble Beach Auctions Saturday Sale Realizes More Than $60.4 Million

17 cars sell above the $1 million mark. 10 new auction records set for marques including Ferrari, Aston Martin and Mazda.

Pebble Beach, Calif. (August 17, 2014) – Gooding & Company, the official auction house of the Pebble Beach Concours d’Elegance®, realized more than $60.4 million during the first of its two evening auctions at Pebble Beach this year. Celebrated for its world-class automotive auctions and record-breaking results, the auction house sold 59 of 64 lots, which resulted in a 92% sale rate and an impressive average price of $ $1,024,091 per car. Adding to the weekend festivities, 10 auction records were surpassed at Gooding & Company’s Saturday Sale. New benchmarks were set, including a 1961 Ferrari 250 GT California Spider, a 1955 Aston Martin DB3S and 1967 Mazda Cosmo 110 Sport, a newly trending marque.

David Gooding, President of Gooding & Company: “We had one of the most successful one-day sales in our history and saw tremendous excitement surrounding the sale of the 1961 Ferrari 250 GT SWB California Spider. It’s incredible that Saturday’s results do not yet take into account many of our star attractions including the 1966 Ferrari 365 P Berlinetta Speciale Tre Posti and the 1939 Alfa Romeo Tipo 256 Cabriolet Sportivo, which will both be featured at our auction following the Concours on Sunday.”

The most spectacular lot of the evening was undoubtedly the 1961 Ferrari 250 GT SWB California Spider. The Spider features the sought-after covered-headlight treatment, which Scaglietti applied to 37 of the scarce 56 examples built. In addition to this significant distinction, 2903 GT is one of a limited number of SWB California Spiders factory equipped with an optional hardtop. This car has spent its life in the care of dedicated owners, including famed actress Barbara Hershey. Offered for sale for the first time in over 14 years, this stunning 250 GT sparked a round of excited bidding–resulting in a final sale of $15,180,000, a world record for a Ferrari 250 GT SWB California Spider.

Lots over $1 million from the Saturday Sale

  • Lot 18, 1961 Ferrari 250 GT SWB California Spider, sold for $15,180,000

  • Lot 32, 1955 Aston Martin DB3S, sold for $5,500,000

  • Lot 58, 2001 Ferrari 333 SP, sold for $2,365,000

  • Lot 60, 1964 Ferrari 250 GT Lusso, sold for $2,365,000

  • Lot 26, 1956 Ferrari 250 Europa GT, sold for $2,310,000

  • Lot 62, 1960 Ferrari 250 GT Series II Cabriolet, sold for $ 2,090,000

  • Lot 49, 1948 Tucker 48, sold for $2,035,000

  • Lot 38, 1958 BMW 507, sold for $1,925,000

  • Lot 11, 1974 Lamborghini Countach LP400 Periscopo, sold for $1,870,000

  • Lot 13, 1957 Mercedes-Benz 300 SL Roadster, sold for $1,705,000

  • Lot 35, Porsche 959 KOMFORT, sold for $1,485,000

  • Lot 24, 1990 Ferrari F40, sold for $1,320,000

  • Lot 36, 1967 Toyota 2000 GT, sold for $1,155,000

  • Lot 20, 1965 Alfa Romeo Giulia TZ, sold for $1,023,000

  • Lot 51, 1958 Aston Martin DB Mark III Drop Head Coupe, sold for $1,012,000

  • Lot 59, 1955 Alfa Romeo 1900C SS Coupe, sold for $ 1,012,000

  • Lot 30, Porsche 911 Carrera 3.0 RS, sold for $1,001,000

Gooding & Company’s Pebble Beach Auctions continue on Sunday at 6:00 p.m. PST. Exquisite entries in the August 17th sale include a 1966 Ferrari 365 P Berlinetta Speciale Tre Posti (estimate upon request), a 1962 250 GT SWB Berlinetta (estimate upon request), a 1969 365 GTB/4 Daytona Competizione (estimate: $5,500,000-7,000,000), a 1959 250 GT Series I Cabriolet (estimate: $4,500,000-6,000,000), a 1927 Bugatti Type 35 Grand Prix that was owned and raced by Hellé Nice (estimate: $2,800,000-3,500,000), a 1939 Alfa Romeo Tipo 256 Cabriolet Sportivo (estimate $5,000,000-7,000,000), a 1956 Maserati 250F (estimate: $4,000,000-6,000,000) and a 1962 Shelby Cobra (estimate: $2,000,000-2,400,000), among others.