Ferrari tops list at $9,905,000 on top cars sold by Gooding & Company in 2019

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Photo credit: Mathieu Heurtault

Ferrari tops list at $9,905,000 on top cars sold by Gooding & Company in 2019

Gooding & Company, the auction house acclaimed for selling the world’s most significant and valuable collector cars, is pleased to report its year-end auction sales total of more than $147 million. In 2019, company led all auction houses with a notable 82% sales rate with 291 lots sold, and 32 cars selling above the $1 million mark. Notably, the renowned auction house was once again the market-leader with the highest per car average sale of $505,537 from its three respected auctions. This year saw Ferraris dominate the market, with over $75 million sold by Gooding & Company at an average price of $1,390,364. The auction house also experienced its highest ever viewership via its live HD webcast, with thousands of car enthusiasts from over 115 countries streaming Gooding & Company’s three exciting auction events.

“We are entering a time where the marketplace reflects the current value of cars,” states David Gooding, Founder and President of Gooding & Company. “2020 will bring in exciting and new challenges as we take our celebrated auctions across the Atlantic for the first time in company history. We can’t wait to ring in the New Year on a high note at our annual Scottsdale Auctions!”

Photo credit: Mathieu Heurtault

The heralded auction house’s significant sales this year consisted of the 1958 Ferrari 250 GT LWB California Spider selling for $9,905,000, a 1963 Ferrari 250 GT SWB Berlinetta which sold for $7,595,000, and a 1958 Ferrari 250 GT Series I Cabriolet achieving a final price of $6,800,000. The SWB Berlinetta sold in the Scottsdale Auctions and both the California Spider and Series I Cabriolet found new homes at the 2019 Pebble Beach Auctions to close out an excellent year of sales during a transitional time in the market where prices saw some correction from the steady ascension of recent years.

Eight of the top ten lots sold at auction in 2019 were Ferraris.

Top Ten Lots Sold at Auction in 2019 

  • 1958 Ferrari 250 GT LWB California Spider, sold for $9,905,000
  • 1963 Ferrari 250 GT SWB Berlinetta, sold for $7,595,00
  • 1958 Ferrari 250 GT Series I Cabriolet, sold for $6,800,000
  • 1975 Ferrari 312T, sold for $6,000,000
  • 1958 Ferrari 250 GT Tour de France Berlinetta, sold for $5,890,000
  • 1953 Ferrari 250 MM Spider Series II, sold for $5,395,000
  • 1958 Ferrari 250 GT Tour de France Berlinetta, sold for $5,100,000
  • 1961 Aston Martin DB4 GT, sold for $3,600,000
  • 1939 Alfa Romeo Tipo 256 Coupe, sold for $2,755,000
  • 1965 Ferrari 275 GTB Long Nose Alloy, sold for $2,750,000

    The Scottsdale Auctions 

    • $48,238,880 million in total sales
    • Nine cars sold over $1 million
    • 105 of 124 lots sold

    In January 2019, several world-auction records were set and nine cars sold over $1 million at Gooding & Company’s Scottsdale sale. The auction house sold the top three most expensive cars during the Arizona Auction week which included the 1963 Ferrari 250 GT SWB Berlinetta that sold for $7,595,999, the 1958 Ferrari 250 GT Tour de France Berlinetta that brought in $5,890,000, and the 1953 Ferrari 250 MM Spider Series II that prompted an exciting bidding war and ultimately sold for a world-auction record $5,395,000.

    The Amelia Island Auction 

    • $22,047,980 million in total sales
    • Six cars sold over $1 million
    • 78 of 89 lots sold

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