April 28, 2024

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Gooding & Company Totals $194m in 2023

It was a strong year for Gooding & Company, with the group achieving $194m in sales from its signature live auctions in Amelia Island, Pebble Beach and Hampton Court Palace, along with the Estate of Mark Smith auction and two Geared Online events. 

Gooding has announced that the total came from 902 vehicle, motorcycle and automobilia lots. The sell-through rate across these events came in at 93% — with 100% of the automobilia sold. 44 lots sold for over $1m each, with an average price per car of $492,429.

“In 2023, Gooding & Company not only sold some of the most historically significant cars to ever come to market, such as the 1912 Simplex 50 HP Toy-Tonneau that we offered from over 111 years of single family ownership, but we also set unprecedented world records at each of our live sales,” said David Gooding, President and Co-Founder of Gooding & Company. “As we’ve seen in this past year, despite more discerning buyers, the market is especially strong for the uppermost echelon of offerings. Gooding & Company has redefined market standards for many of the most collectible marques and models in 2023, including examples from Jaguar, Ferrari, Lamborghini, Mercer, RUF and Alfa Romeo.”

Gooding’s achievements in 2023 included selling the most valuable car in Amelia Island auction history — the 1962 Ferrari 250 GT SWB California Spider at $18,045,000. The company also sold a 1962 Ferrari 250 GT SWB Berlinetta at its Pebble Beach auction in August for $9,465,000. 

Top Ten Lots Sold at Auction in 2023:

  • 1962 Ferrari 250 GT SWB California Spider, sold for $18,045,000
  • 1962 Ferrari 250 GT SWB Berlinetta, sold for $9,465,000
  • 1914 Mercer Type 35-J Raceabout, sold for $4,790,000
  • 1933 Alfa Romeo 8C 2300 Cabriolet, sold for $4,515,000
  • 1912 Simplex 50 HP Toy-Tonneau, sold for $4,075,000
  • 1972 Lamborghini Miura P400 SV, sold for $3,580,000
  • 1953 Ferrari 250 MM Spider Series II, sold for $3,525,000
  • 1967 Ferrari 275 GTB/4, sold for $3,525,000
  • 1966 Ferrari 275 GTB, sold for $3,415,000
  • 1967 Ferrari 275 GTB/4, sold for $3,277,500

Notable World Auction Records in 2023 (model specific):

  • 1914 Mercer Type 35-J Raceabout, sold for $4,790,000 (a world record for the marque)
  • 1968 Lamborghini Miura P400, sold for $2,260,000
  • 1953 Ferrari 212 Europa Coupe, sold for $1,985,000
  • 1913 Lozier Type 72 Meadowbrook Runabout, sold for $1,765,000 (a world record for the marque)
  • 1932 Chrysler CG Imperial Custom Roadster, sold for $1,600,000 (a world record for the marque)
  • 1955 Alfa Romeo 1900C SSZ, sold for $1,545,000
  • 1932 Bugatti Type 49 Roadster, sold for $1,325,000
  • 1961 Jaguar E-Type Series I 3.8-Litre Roadster, sold for £911,250
  • 1974 Ferrari Dino 246 GTS, sold for $967,500
  • 1997 RUF BTR2, sold for $720,000
  • 1951 Cisitalia 202 SC Gran Sport Cabriolet, sold for $720,000
  • 1935 Brewster Coupe Roadster, sold for $577,000 (a world record for the marque)
  • 1907 White Model G ‘Roi des Belges’ Touring, sold for $324,000 (a world record for a steam-powered White)

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