Our friends over at Gooding & Company had their first ever online-only auction…and yes, it appears that cars, similar to life itself, will persist! Yes, RM and others (including Bring-a-Trailer) have been well off to the races for a while, but it seems a little more real with others jumping into the online mixer. For their first foray into the online-only auction setting, Gooding & Company seems to have paid little mind towards reinventing the wheel while playing a conservative approach to estimates and reserves so as to end on a high note at the auction closing with what can only be deemed as a resounding success (given the circumstances). The mainstream media, headline grabbing $10M plus variety of collectible four-wheeler that always seems to grace Gooding’s Monterey Car Week related auction affairs were noticeably absent this year. This is due, one would assume, to reticence on behalf of otherwise would-be sellers towards exposing their wares in such an uneasy time in history. However, Covid-19 be damned, collectors paid up at pre-virus values for certain examples of great cars (as usual) and the rest were estimated expertly to the point where very few cars remain unsold.
For those of you who missed out or have been occupied otherwise, see below for the full lot listings link to Gooding’s first online only effort and the featured cars we picked out as interesting insight into market values on popular models, specifically ones we thought did particularly well.
Geared Online Auction – August 3rd – 7th, 2020
| Full Lot List |
Featured Lots
1966 Ferrari 275 GTB Long Nose
ESTIMATE: $2,750,000 – $3,250,000
SOLD: $3,080,000
Full Lot Details
1995 Ferrari F50
ESTIMATE: $2,200,000 – $2,600,000
SOLD: $2,134,000
Full Lot Details
1992 Ferrari F40
ESTIMATE: $1,250,000 – $1,500,000
SOLD: $1,628,000
Full Lot Details
1934 Duesenberg Model J Town Car
ESTIMATE: $950,000 – $1,250,000
SOLD: $1,012,000
Full Lot Details
1961 Mercedes-Benz 300 SL Roadster
ESTIMATE: $850,000 – $950,000
SOLD: $946,000
Full Lot Details
1990 Mercedes-Benz 190E 2.5-16 Evolution II
ESTIMATE: $225,000 – $275,000
SOLD: $258,500
Full Lot Details
1950S Ferrari Factory Perpetual Calendar
ESTIMATE: $7,000 – $10,000
SOLD: $17,500
Full Lot Details
Le Mans 1955 Poster
ESTIMATE: $600 – $850
SOLD: $13,125
Full Lot Details
Scott Grundfor Company has a wealth of experience and expertise in all facets of the classic car market, specializing in high-end collectibles and vintage Mercedes-Benz 300SL Gullwings and Roadsters.
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