1950 Ferrari 166 MM/195 S Berlinetta Le Mans sold for $6,490,000
1950 Ferrari 166 MM/195 S Berlinetta Le Mans sold for $6,490,000

Gooding Scottsdale 2016 – Auction Results

The Gooding and Company Scottsdale 2016 auction was held January 29-30 nearby the Scottsdale Fashion Square in Scottsdale, Arizona, resulting in more than $43,011,050 in total sales and an 86 percent sell-through rate. President David Gooding and Auctioneer Charlie Ross sold 97 of 113 lots at Gooding’s 8th annual Arizona Auction Week sale, with an average price of $443,412 per car sold.

“We were thrilled to set some new world records for exceptional cars at this weekend’s auctions,” exclaimed David Gooding, President and Founder of Gooding & Company. “The demand in the market is definitely high for cars that are the best of their category and never before offered such as the Ferrari 166/195 S Berlinetta Le Mans, the Ferrari 330 GTC Speciale and the Bugatti Type 49. Further impressive results were illustrated by the Ferrari Enzo, the Ferrari F50 and the 1966 Jaguar E-Type. We are seeing collectors pay a premium for cars that are unique because of history, condition and provenance.”

The top result at the Gooding Scottsdale 2016 sale went to the coachbuilt 1950 Ferrari 166 MM/195 S Berlinetta Le Mans, which set an auction record at $6,490,000, against a pre-sale estimate of $5,750,000 – $6,500,000. One of six examples of the Berlinetta Le Mans, this Ferrari was campaigned in races by the factory and displayed by Luigi Chinetti at the 1950 Paris Auto Salon.

Another bidding war was spurred by an additional coachbuilt Ferrari, the 1967 330 GTC Speciale that set an auction record for a 330 GTC with a final price of $3,410,000.

Highlights from the Tony Shooshani Collection included the 1990 Ferrari F40, which reached a final price of $1,534,500 and the 1995 Ferrari F50 that sold for $2,400,000. Also, Mr. Shooshani’s 2003 Ferrari Enzo spawned a bidding war between a phone bidder and an audience member on-site until the final price was reached at $2,860,000.

Other notable sales from the weekend included the 1929 Duesenberg Model J Dual Cowl Phaeton that sold for $2,420,000, the 1948 Alfa Romeo 6C 2500 Super Sport Cabriolet that sold for $1,012,000, the one-of-a-kind 1955 Alfa Romeo 1900C SS Coupe Speciale that sold for $990,000 and the 1931 Bugatti Type 49 Grand Sport that sold for $962,500, an auction record for a Type 49 Grand Sport.

Gooding Scottsdale 2016 – Top Ten Auction Results

1. 1950 Ferrari 166 MM/195 S Berlinetta Le Mans – $6,490,000
2. 1967 Ferrari 330 GTC Speciale – $3,410,000
3. 2003 Ferrari Enzo – $2,860,000
4. 1929 Duesenberg Model J Dual Cowl Phaeton – $2,420,000
5. 1995 Ferrari F50 – $2,400,000
6. 1990 Ferrari F40 – $1,534,500
7. 1959 Mercedes-Benz 300 SL Roadster – $1,155,000
8. 1955 Bentley R-Type Continental Fastback – $1,017,500
9. 1948 Alfa Romeo 6C 2500 Super Sport Cabriolet – $1,012,000
10. 1955 Alfa Romeo 1900C SS Coupe Speciale – $990,000

For complete auction results, visit Goodingco.com.

Gooding & Company’s next 2016 auction will take place in Amelia Island on Friday, March 11, and will include an array of motorcars from a variety of top marques. Early notable entries include the Jerry Seinfeld Collection of Porsches, including the 1955 Porsche 550 Spyder (Estimate: $5,000,000 – $6,000,000), 1958 Porsche 356 A 1500 GS/GT Carrera Speedster (Estimate: $2,000,000 – $2,500,000) and the ex-Peter Revson 1974 Porsche 911 Carrera 3.0 IROC RSR (Estimate: $1,200,000 – $1,500,000)

For more information, visit Goodingco.com.

[Source: Gooding & Company; photo: Jensen Sutta]