ACHIEVING $34.98 MILLION FROM 121 CARS SOLD DURING SCOTTSDALE AUCTION WEEK, GOODING & COMPANY IGNITES THE NEW YEAR WITH THRILLING AUCTION RESULTS
In its fourth consecutive year, Gooding & Company sells the most valuable car of Scottsdale Auction Week, the world record-breaking $2.09 Million 2006 Ferrari FXX Evoluzione
Eight cars sold for more than $1 Million each
SCOTTSDALE, Ariz., Jan. 24, 2011 /PRNewswire/ -- Gooding & Company continues to lead the high-end collector car market with $34.98 Million(1) in total sales results by presenting the best examples to its international audience of collectors and enthusiasts and achieving top sales across all categories of marques and models. Of the 129 lots presented over both Friday and Saturday's auctions, 121 lots sold resulting in a strong 94% sales rate and an average price paid per lot of $289,000.
(Photo: http://photos.prnewswire.com/prnh/20110124/LA34584)
An extraordinary feat when presenting both Reserve and No Reserve consignments, Gooding & Company sold 100% of its 72 lots at its Saturday auction – a first for the auction house. It also set 11 world records.
According to David Gooding, President and founder, "Strong 2011 auction sales will result from an increasing demand for preservation-class quality cars," such as the 1953 Fiat 8V Supersonic that sold for $1,705,000 and the 1962 Mercedes-Benz 300 SL Roadster that sold for $951,500 at Saturday's auction. "Mint condition models are equally in demand these days."
Gooding & Company's top five automobiles sold in Scottsdale are listed below in order of value:
LOT |
YEAR, MAKE & MODEL |
FINAL PRICE |
|
58 |
2006 Ferrari FXX Evoluzione |
$2,090,000 |
|
157 |
1953 Fiat 8V Supersonic |
$1,705,000 |
|
111 |
1930 Duesenberg Model J Dual Cowl |
$1,485,000 |
|
122 |
1965 Ferrari 275 GTB Alloy Long Nose |
$1,430,000 |
|
170 |
1967 Ferrari 275 GTB/4 |
$1,100,000 |
|
ABOUT GOODING & COMPANY
Gooding & Company, celebrated for its world-class automotive auctions, provides unparalleled service in the collector car market. At its 2010 collector car auctions, Gooding & Company sold the world's top three most valuable cars at auction, set six world records and achieved more than $114 million in sales. Upcoming events include the Amelia Island Auction on March 11 and the Pebble Beach Auctions on August 20 & 21. Visit Goodingco.com.
(1) The prices are in US Dollars, include the buyer's premium and are rounded to the nearest dollar.
SOURCE Gooding & Company
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