Gooding and Company Amelia Island Auction 2011 – Results

1951 Ferrari 212 Export Cabriolet

Gooding & Company held its Amelia Island Auction event on Friday, March 12, 2011, achieving more than $17.8 Million in sales and an 11% increase from the inaugural sale last year. The Gooding Amelia Island Auction 2011 saw 85 collector automotive and motorcycle consignments presented (two lots were withdrawn prior to auction), with 70 lots sold to a domestic and international clientele for a sales rate of 82%.

The top sales at the Gooding and Company Amelia Island Auction 2011 were the 1951 Ferrari 212 Export Cabriolet at $1,870,000, the 1971 Lamborghini Miura P400 SV Prototype that sold for $1,705,000, followed by the 1973 Ferrari 365 GTS/4 Daytona Spider at $1,320,000.

Remarking on collector trends, Gooding & Company specialists noted how well the post-war European sports cars performed in yesterday’s auction. World records in seven different European categories, including unrestored, preservation-quality cars, demonstrate the influence of best examples within this sector of the collector car market.

“I’m very happy with our second Amelia Island auction results and the overall growth we saw in guest attendance, sales, and number of records” says David Gooding, President and founder. “Great examples of post-war European sports cars performed extremely well and in several instances surpassed our original estimates, resulting in extraordinary sales.”

Gooding and Company Amelia Island Auction 2011 – Top Ten Sales

1. 1951 Ferrari 212 Export Cabriolet, $1,870,000 (record price for Ferrari 212)
2. 1971 Lamborghini Miura P400 SV Prototype, $1,705,000 (record price for Lamborghini Miura)
3. 1973 Ferrari 365 GTS/4 Daytona Spider, $1,320,000
4. 1967 Ferrari 275 GTB/4, $1,155,000
5. 1955 Bentley R-Type Continental Fastback, $770,000 (record price)
6. 1995 Ferrari F50, $660,000
7. 1955 Austin-Healey 100S, $632,500
8. 1964 Ferrari 250 GT Lusso, $632,500
9. 1953 Siata 208 CS Berlinetta, $605,000 (record price)
10. 1957 Mercedes-Benz 300 SL Roadster, $561,000

(See Gooding and Company Amelia Island Auction 2011 – Complete Results)

The official auction house of the prestigious Pebble Beach Concours d’Elegance, Gooding & Company will host its annual Pebble Beach Auctions on Saturday and Sunday, August 20 & 21, 2011, at 5 p.m. both evenings. Auction catalogues cost $100 and admit two to the viewing and auction. General admission tickets to the viewing and auction may be purchased on site for $40.

For more information, visit www.goodingco.com.

Gooding and Company Amelia Island Auction 2011 – Notable Results

1951 Ferrari 212 Export Cabriolet by Vignale
1951 Ferrari 212 Export Cabriolet by Vignale - Sold for $1,870,000 versus pre-sale estimate of $800,000 - $1.1 Million. Coachwork by Vignale; only two well-known owners since 1960; chassis No. 0106 E is a matching-numbers, fully-documented example with a known provenance; finished in a black over dark green leather and outfitted with a 'cruciform' grille.
1953 Siata 208 CS Coupe
1953 Siata 208 CS Coupe - Sold for $605,000 versus pre-sale estimate of $650,000 - $850,000. One of only nine examples built, this Balbo-bodied Siata sports car (Chassis No. CS*073) was originally designed to be homologated for road racing; features a Fiat Otto Vu (8V) engine; eligible for the Mille Miglia, Colorado Grand and Tour Auto.
1971 Lamborghini Miura SV Prototype
1971 Lamborghini Miura P400 SV Prototype - Sold for $1,705,000 versus unavailable pre-sale estimate. Chassis No. 4758 was hand-built as part of a factory project to develop the Miura SV; believed to have been shown at the 1971 Geneva Auto Show; restored by Wayne Obry and Jeff Stephan; won an award in the featured Lamborghini class at Pebble.
1955 Bentley R-Type Continental Fastback
1955 Bentley R-Type Continental Fastback - Sold for $770,000 versus unavailable pre-sale estimate. Offered in 'as found' condition; 4.9-Litre engine, left-hand drive, manual centre-shift and bucket seats; fitted with H.J. Mulliner Fastback coachwork; complete with countless original records, photos and documents.
1949 Jaguar XK120 Alloy
1949 Jaguar XK120 Alloy - Sold for $385,000 versus pre-sale estimate of $375,000 - $550,000. One of the oldest surviving examples; first XK120 ever imported to the U.S. and the only example finished in Blue Sheen paint; initially delivered to Max Hoffman, the car was used as a promotional model at early sports car races, including the 1949 Watkins Glen Grand Prix, where he drove it in the parade preceding the main event; current owner has completed a multiple-award winning restoration, participated in the XK60 Diamond Tour and set a new record in JCNA Slalom.
1961 Aston Martin DB4 Series IV
1961 Aston Martin DB4 Series IV - Sold for $440,000 versus pre-sale estimate of $425,000 - $475,000. Matching-numbers, factory left-hand drive Aston Martin DB4 is being offered for sale for the first time publicly since 1961; recently-discovered after more than 50 years with the same family who purchased it new; presented with its original tools, jack, owner's manual and rare workshop manual.
1955 Austin-Healey 100S
1955 Austin-Healey 100S - Sold for $632,500 versus pre-sale estimate of $600,000 - $800,000. One of only 41 surviving examples of 50 built; initially shipped to Southern California where it participated in numerous regional racing events; originally restored by the famed Hill & Vaughn restoration shop, this matching-numbers and well-documented 100S maintains an outstanding appearance; candidate for historic racing tours including the Mille Miglia, Le Mans Classic and Colorado Grand.
1962 AC Cobra 289
1962 AC Cobra - Did not sell at high bid of $400,000 versus pre-sale estimate of $450,000 - $550,000. Originally finished in steel grey over blue, this early Cobra was the 1962 Paris and London Show car and today remains a historically-authentic, well-documented and well-kept example; interesting SCCA racing pedigree; one owner for the past 35 years.
1963 Lotus 23B
1963 Lotus 23B - Sold for $203,500 versus pre-sale estimate of $175,000 - $225,000. Formerly owned by Brian Redman and Bob Snodgrass of Brumos Racing; fully-documented, two-year restoration in 2008.

[Source: Gooding and Company]