Gooding and Company Amelia Island 2016 – Auction Report

Gooding and Company Amelia Island 2016 – Auction Report Page Five

1959 MG A Coupe
Lot # 61 1959 MG A Coupe; S/N HMA4363737; BRGreen, White roundels/Tan; Estimate $45,000 – $55,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $46,000 plus commission of 10.00%; Final Price $50,600 – 1489/72hp, 4-speed, Silver painted wire wheels, Michelin XZX blackwalls, BMC radio, Lucas fog lights, headlight stoneguards, woodrim steering wheel with spoke-mounted stopwatch, owner’s manual, tools, spare, documented with BMIHT certificate. – A little prep work is visible under the very good paint. Excellent chrome and interior. Restored better than new nine years ago and still better than new. – This is an exceptionally well preserved older restoration that was done right when it was done and then kept that way. It deserved all the money it brought.
1966 Ford GT40 Mk I Coupe
Lot # 62 1966 Ford GT40 Mk I Coupe; S/N GT40P/1065; Azure Blue/Black; Estimate $3,200,000 – $3,600,000; Older restoration, 2+ condition; With Reserve; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000 RHD. – 289/390hp, quadruple Webers, ZF 5-speed, Halibrand wheels, Goodyear tires. – Spotless engine bay. Almost spotless interior showing very light age. Fantastic paint. Even gaps. Faded tires and dull wheels on an otherwise fantastically presented GT Mk I road car, which was a Ford demonstrator. Painted various colors several times in its early history, but looking just right today in its original Azure Blue.. – Sold at Gooding Pebble Beach in 2010 for $1,650,000. Wheels and tires are still overlooked six years later and now has 3,213 miles on the odometer, only 30 more miles than six years ago. It has doubled in value in six years while being maintained in consistently excellent condition. It looked good then, and it still does today while being as good a value now as it was then.
1973 Lamborghini Espada 400 GTE SIII Coupe, Body by Bertone
Lot # 63 1973 Lamborghini Espada 400 GTE SIII Coupe, Body by Bertone; S/N 9060; Engine # 41077; Red/White leather; Estimate $140,000 – $180,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 – Air conditioning, Philips cassette stereo, power windows, alloy wheels, Pirelli tires, fog lights. – Thick repaint erratically masked, bubble under the left windshield post, crack under the right. Decent chrome and surface cracked and lightly soiled original upholstery. Orderly engine compartment missing the left air filter cover. Road grimy chassis. A mediocre driver. – The price it brought reflected its many needs and the projected cost of addressing them.
1995 Ferrari F50 Coupe, Body by Pininfarina
Lot # 64 1995 Ferrari F50 Coupe, Body by Pininfarina; S/N ZFFTG46A5S0104021; Rosso Corsa/Black leather with Red cloth inserts; Estimate $2,400,000 – $2,800,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $2,100,000 plus commission of 10.00%; Final Price $2,310,000 – U.S. spec from new, Bosch Motronic fuel injection, Brembo brakes with cross-drilled rotors, Pirelli P Zero Rosso tires, tool kit, manuals, tire inflator, wheel socket, removable hardtop panel with case, Ferrari Classiche Red Book certified. – A handful of tiny chips on the nose. One small chip on either side of the rear wing and a few tiny stress cracks on top of it. One of 55 US market F50s. Major service in 2014 at Ferrari of New England. Aside from a handful of flaws in its paper-thin original paint (through which you can see the weave of the car’s composite bodywork), this F50 presents like a new car. – Babied from new with nearly negligible miles, and an original U.S. spec car, this is a sound value in an appreciating Ferrari.
1952 Jaguar XK 120 Roadster
Lot # 67 1952 Jaguar XK 120 Roadster; S/N 672274; Engine # W5054-8; Medium Blue/Dark Blue, Gray leather; Gray cloth top; Estimate $150,000 – $180,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 – Steel wheels, hubcaps, blackwall bias ply tires, spats. – Very good paint, chrome and interior. Cockpit rolls on the doors don’t fit well at all but the doors, hood and trunk fit very well. Top is a little loose. Underbody and engine compartment are like new. A high quality restoration done in 1991 and nearly unbelievably well maintained since. – The quality of the restoration and the care lavished on preserving it is strong evidence of a happy existence for this XK 120. It brought an advantageous price and should prove to be very satisfying to own and drive.
1961 Ferrari 250 GT SWB California Spyder (closed headlight)
Lot # 69 1961 Ferrari 250 GT SWB California Spyder (closed headlight); S/N 2871GT; Engine # 2871; Red/Black leather; Black cloth top; Estimate $15,000,000 – $17,000,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $15,600,000 plus commission of 10.00%; Final Price $17,160,000 – Chrome spoke Borrani wire wheels, Avon blackwall radials, covered Marchal headlights and grille mounted fog lights, no bumpers, velocity stacks, cold air box, partial tool roll, bumpers included. – First owned by Italian designer Gianfranco Frattini, featured in a cameo in Vittorio De Sica’s ‘Yesterday, Today, Tomorrow’ with Sophia Loren and Marcello Mastroianni. Good recent repaint, lightly worn older interior. Minor polishing scratches and fair bright trim. Engine compartment is orderly. Chassis and underbody are unrestored and generally grimy. A surprisingly delightful car that hasn’t felt the restorer’s touch, just been kept up and used carefully. – On one hand this is a generous price for this Cal Spyder’s condition, on the other hand it is precisely valued for its benign history and originality, a combination that isn’t likely to turn up again any time soon even though this is the second one in similar condition that Gooding has had in the past nine months. If anything 2871GT is in better condition than 3095GT sold at Pebble Beach in August and it changed hands at a modest premium to the earlier car. A car to be proud to own, drive and continue to preserve, even at this price.
1963 Ferrari 250 GT/L Lusso Coupe
Lot # 71 1963 Ferrari 250 GT/L Lusso Coupe; S/N 4365; Dark Grey/Tan leather; Estimate $1,900,000 – $2,400,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $1,750,000 plus commission of 10.00%; Final Price $1,925,000 – Chrome spoke, Borrani wire wheels, Pirelli blackwall tires, FIAMM horns, Carello headlights, Marchal fog lights. – Very good 1991 paint, chrome and upholstery. Good but aged original trim and Cream luggage straps behind the seats. Very clean engine compartment with modern hose clamps, etc. A very nice driver quality and presentable Lusso purchased by the consignor in 1966 in Europe while vacationing and spending much time with Ferrari drivers like Mike Parkes, Lorenzo Bandini and Ludovico Scarfiotti [those were the days when drivers were still accessible and cultivated the company of vivacious young ladies.] Purchased from the Ferrari dealer in Rome, driven to Maranello where it was tested by Parkes and Bandini and got the interior it has today from Scaglietti. Never restored, repainted and the engine rebuilt in 1993. Accompanied onsite by the consignor who was both vivacious and well-informed about her Lusso. – It’s hard to imagine a better Lusso story than this one has to tell. Even involving Steve McQueen wouldn’t match up with Parkes, Scarfiotti and Bandini. Its condition is reassuringly original and well maintained and its price is equally reassuring.
1968 Porsche 908 Coupe
Lot # 75 1968 Porsche 908 Coupe; S/N 908011; White, Orange nose/Red cloth; Estimate $3,000,000 – $3,300,000; Competition restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $2,000,000 – RHD. Replacement engine case in magnesium, – Finished third overall in its first race for Porsche at the Spa 1000km in 1968 driven by Han Herrmann and Rolf Stommelen. Dnf at Watkins Glen driven by George Follmer and Joe Buzzetta, then disqualified in the Zeltweg 500km race. Damaged by the next owner, cannibalized, later repaired frame and body were sold to and restored by Dale Miller. Freshly rebuilt engine with dyno time only. Neat, orderly competition restoration with very good cosmetics. – Like Jerry Seinfeld’s RSK, resurrection from nearly nothing weighs heavily on the collector value even of a competition car, which is expected to endure some vicissitudes, but maybe not quite being parted out to a (repaired) frame and body. Even taking that into account, though, at anything close to the reported high bid this 908 would be a wildly fun car at a reasonable price for historic racing.
1976 Maserati Merak SS Coupe, Body by Padane
Lot # 79 1976 Maserati Merak SS Coupe, Body by Padane; S/N AM122A1338; Red/Beige leather; Estimate $80,000 – $100,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 2965/220hp V-6, 5-speed, Campagnolo wheels, Michelin tires, ordered from the factory with Bora-type front grille (which has the chrome running around the edge instead of a strip across the middle), power windows, leather-wrapped steering wheel, air conditioning, dash clock. – Numerous small cracks on the right front fender. Lots of stress cracks at the front of the passenger door and up along the right A-pillar. Light scratches on the roof. Single repaint. Clean detailed engine bay. Cracks and microblisters on the tail. Slightly dirty wheels. Worn but sound seats. otherwise a very good interior that was originally blue leather. Recent engine-out service. A maintained car, two owners from new, Maserati Classiche documented, with older cosmetics, but doesn’t have originality as an excuse for its tired presentation. – Although the designs for the Merak and Bora were by Giugiaro’s ItalDesign, they were built by Carrozzeria Padane in Modena, a company better known for its busses. This Merak SS’s issues did not go unnoticed by the bidders and are realistically reflected in the price it brought.

[Source: Rick Carey]

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Show Comments (4)

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  1. All those Porsches and ’70s–’80s Ferraris make for a really dull article and probably auction too–unless you were just Porsche crazy. Didn’t Gooding sell anything else?

  2. Rick, I’m always grateful fo your fascinating reports and the understanding you provide of the auction market. And have never disagreed with your taste…until your negativity towards the Fiat 130 Coupe! That is a very fine bit of Pininfarina design, subtle and classy like a nice Italian suit. I hope you can take a look at one sometime in isolation, and gain an appreciation for its beauty. Thanks for all that you share with us, John in CT.

    1. Dead right, John. I’ve always admired the Fiat 130 so much I took Rick’s slight about its design very badly. Couldn’t see what he was talking about. In my book the 130 has always been and will always be a great looker…!!!