July 21, 2024

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Geared for the Automotive Life

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Gooding’s Geared Online Scottsdale Event Totals $6.97m

Gooding & Company’s annual Scottsdale auction returned with its popular Geared Online format this past week, selling 50 of 57 lots for a combined $6,962,450 — and an average price per lot of $139k.

While this was an online-only auction, the company hosted an exclusive viewing of the lots on offer live in Scottsdale during car week.

The top sale of the event was a 1961 Maserati 3500 GT Coupe, sold for $924k. Behind it was a single-owner 2005 Ford GT that brought $423,500 and a 1974 Ferrari 246 GTS Dino in Rosso Chiaro, sold for $374k.

1961 Maserati 5000 GT Coupe, sold for $924,000.Photo copyright and courtesy of Gooding & Company. Image by Mike Maez

A 1972 Mercedes-Benz 350SL set a new world auction record at $108,900, while a 2008 Porsche 997 GT2 made $375,500 and an unrestored 1963 Chevrolet Corvette 327/340 coupe made $335,500.

Each of the 10 lots from the Richard Donner Collection sold as well, including the 1957 Cadillac Eldorado Biarritz convertible, sold for $121,000.

“Our second consecutive Geared Online Scottsdale Edition sets a strong precedent for the capabilities of our online-only auctions against the backdrop of live and digital events in the industry,” said Gooding & Company President and Founder, David Gooding. “This online auction, coupled with our viewing in Scottsdale, allowed us to maintain a physical presence for our loyal and dedicated clientele who have supported our Arizona sales year after year, while also confirming our strength as an auction house in both the traditional setting and the booming digital space. We are pleased with our strong results and the versatility of our offerings this year, and look forward to a spectacular live auction sale in Amelia Island this March.”

Top Five Sales

  • 1961 Maserati 5000 GT Coupe, sold for $924,000
  • 2005 Ford GT, sold for $423,500
  • 1974 Ferrari Dino 246 GTS, sold for $374,000
  • 2008 Porsche 997 GT2, sold for $357,500
  • 1963 Chevrolet Corvette 327/340 Split-Window Coupe, sold for $335,500 

See the complete results here.