January 2019 - Scottsdale highlights
21 February, 2019
Gooding & Company locked out the top three sales at Scottsdale with its star Ferraris. Heading the trio was a 1963 250 GT SWB which commanded a winning bid at the upper end of its $6,000,000 – 8,000,000 estimate, selling for $7,595,000; while a 1958 250 GT Tour de France took $5,890,000 (estimate $5,750,000 – 6,500,000) and a 1953 250 MM Spider set a new world auction record at $5,395,000 (estimate $5,500,000 – 6,500,000).
Other blue-chip entries finding new homes included a 12,249-km 1985 Ferrari 288 GTO at $2,507,500 (estimate $2,500,000 – 3,000,000), a 1952 Ferrari 212 Europa Cabriolet – displayed on Ferrari’s stand at the 1952 Paris Salon – at $1,930,000 (estimate $1,900,000 – 2,200,000); and a 1963 Ferrari 250 GT/L at $1,902,500 (estimate $1,600,000 – 1,800,000).
A 1955 Mercedes-Benz 300 SL Gullwing that recently emerged from more than 30 years in storage made $1,435,000 (estimate $1,100,000 – 1,400,000); with similar strong results recorded for a ‘Chairs and Flairs’ 1973 Ferrari Dino 246 GTS at $555,000 (estimate $450,000 – 550,000) and a restored 1971 Citroën SM at $105,280 (estimate $80,000 – 100,000).
Gooding generated total sales of $48.2 million and an 85% sell-through rate, with nine cars selling for over $1 million.
A Ferrari also topped the results over at RM Sotheby’s two-day auction, with a 2,900-mile 288 GTO fetching a mid-estimate $3,360,000.
Significant sales included a 1958 BMW 507 – restored in the early ‘00s by renowned specialists TT Workshops – which drew $2,175,000 (estimate $2,500,000 – 3,000,000); a 33,750-km 1967 Ferrari 330 GTS from the Skip Barber Collection brought $2,012,500 (estimate $2,200,000 – 2,500,000); and a 1948 Tucker 48 achieved a mid-estimate $1,600,000.
Both the ex-Geneva Motor Show Vectors on offer changed hands, a 1993 WX-3 Prototype making $615,500 (estimate $450,000 – 550,000) and its Roadster sibling bringing $500,000 (estimate $450,000 – 550,000).
RM Sotheby’s netted $37 million in total sales and matched Gooding’s 85% sell-through rate.
Bonhams’ 1951 Maserati A6G/2000 Spider broke the Ferrari dominance among the top sales at Scottsdale, giving the UK auction house its highest result of the day at $2,755,000 (estimate $2,800,000 – 3,400,000).
Bonhams’ top five was rounded off with a 1955 Mercedes-Benz 300 SL Gullwing at $1,110,000 (estimate $1,150,000 – 1,350,000); a 1963 Porsche 356 B Carrera 2 GS Cabriolet at $1,000,500 (estimate $1,100,000 – 1,300,000); a 1965 Aston Martin DB5 with Beachum upgrades at $610,000 (estimate $700,000 – 800,000); and a recently restored 1946 Fiat 1100C Spider with known provenance from new at $577,000 (estimate $650,000 – 850,000).
The sale also featured a 1972 Volvo P1800E which trounced its $60,000 – 80,000 estimate, selling for $91,840. The un-restored coupé scooped the coveted 2018 Volvo Club of America ‘Best of Show’ award and was presented in remarkably original time-warp condition, having covered less than 40,000 miles from new.
Classic car auction results and prices for: Ferrari | Mercedes-Benz | Citroën | BMW | Tucker | Vector | Maserati | Porsche | Aston Martin | Fiat | Volvo
From leading auction houses: Gooding & Company | RM Sotheby’s | Bonhams
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