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Gooding & Company's 2012 Scottsdale Auction Review

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Gooding & Company's 2012 Scottsdale Auction Review

1955 Mercedes-Benz 300 SL Alloy Gullwing

Gooding & Company

Gooding & Company has a lot to brag about regarding the results of their 2012 Scottsdale auction. First of all, this was the fifth consecutive year they had the highest selling car of the six auction companies participating in the annual Arizona event. Top sale of the week went to Gooding & Company for a rare 1955 Mercedes-Benz 300 SL Alloy Gullwing for $4.62 million. It was number six of the twenty nine Aluminum-Bodied 300 SL Gullwings ever built.

Kudos also go to Gooding & Company for a total sales number of $39.8 million, up from last years $35 million, by selling 116 of the 118 cars they had on offer, and of which, 13 of the cars established world records. They are as follows:

This year Gooding sold two cars for more than $3 million each and seven cars sold for more than $1 million each which is pretty good when you compare that to last year's numbers at Scottsdale of only one car over $2 million and two cars over $1 million. And here's their top ten sales for the event:

  • 1955 Mercedes-Benz 300 SL Alloy Gullwing at $4,620,000
  • 1959 Ferrari 250 GT LWB California Spider at $3,905,000
  • 1930 Duesenberg Model J Disappearing-Top Convertible Coupe at $2,640,000
  • 1929 Bentley 4 ½ Litre Dual Cowl Sports Tourer at $2,145,000
  • 1967 Ferrari 275 GTB/4 at $1,200,000
  • 1965 Ferrari 500 Superfast at $1,100,000
  • 1971 Lamborghini Miura P400 SV at $1,100,000
  • 1958 BMW 507 at $962,500
  • 1971 Maserati Ghibli 4.9 SS Spyder at $880,000
  • 1963 Ferrari 250 GT Lusso at $880,000

Six exceptionally restored Packard Twelves from the estate of respected collector Thomas A. Moretti also sold very well at Gooding & Company’s Saturday Auction with four of the estate’s lots reaching world-record results and collectively reaching $2.662 million.

With all these million dollar cars making record breaking numbers, you may think that this type of auction wouldn't be for the bargain hunter or modest collector. A Gooding & Company event is done in a way that any enthusiast would be comfortable, whether you're spending big bucks or not. And this year's auctioneer Charlie Ross was quite humorous and entertaining. Check out some of these more affordable sales:

We would consider the Ford 75th Anniversary Deuce to be in "best buy" category for the Gooding & Company 2 day auction. It was estimated to sell between $125,000 to $150,00 but barely made the $60,000 mark. Under the official license of Ford Motor Company, in 2007, Detroit Street Rods built 10 production limited edition custom roadsters to recognize the 75th anniversary of the legendary 1932 “Deuce” and to benefit juvenile diabetes research. And the Deuce being offered at Gooding was the last example produced, and was a one owner car with only 400 miles from new.

You can see all the cars that sold at Gooding & Company on their website.

* The prices shown are in US Dollars, including the buyer’s premium, and are rounded to the nearest dollar.

Suggested Reading:
Barrett-Jackson's 2012 Scottsdale Auction Review
Bonhams First Scottsdale Sale Review
RM's 2012 Scottsdale Arizona Auction Review
Russo and Steele - Scottsdale 2012 Highlights

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