Gooding & Company Sets A New World Auction Record for a Bugatti Type 37 at Its Geared Online Scottsdale Edition


Lot 21 - 1926 Bugatti Type 37 Grand Prix s_n 37227 Est. $650,000 - 850,000 - Sold $935,000

Lot 21 - 1926 Bugatti Type 37 Grand Prix s_n 37227 Est. $650,000 - 850,000 - Sold $935,000

 

Santa Monica, 25 January, 2021

Gooding & Company, the auction house acclaimed for selling significant and valuable collector cars, maintained its status as a market leader by setting new world auction records at the company’s week-long Geared Online Scottsdale Edition auction. The company realized $7,092,031 from 39 of 49 lots for an 80% sell-through rate, and saw an average price of $181,846 per lot sold.

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Gooding & Company’s online Arizona sale featured some of the world’s most esteemed marques, from prewar to present day. A Ferrari led the sale with the well-preserved 1966 Ferrari 275 GTB Long Nose achieving $1,936,000. One of the most exciting cars of the week, the 1954 Aston Martin DB2/4 Drophead Coupe, saw bidding placed up until the very last second before ultimately selling for $968,000. The timeless 1926 Bugatti Type 37 Grand Prix reached a final sale price of $935,000, which set a new auction world record for a Type 37. Rounding out the company’s top five sales was an attractive 1965 Shelby GT350 that ended a lengthy bidding war with a winning price of $385,000. One of the most distinctive lots from the online sale, the record-breaking 1972 Citroen SM Land Speed Racer, successfully sold above estimate at an impressive $203,500. A 1968 Meyers Manx more than doubled its low estimate by selling for $101,200, setting a new auction world record for the model in the process.

In addition to  a stunning array of collector cars on offer, Gooding & Company sold 100% of its automobilia lots, highlighted by the extremely rare c. 1963 Midway Race-Way Pinball Machine. This original and operational electro-mechanical pinball machine smashed its pre-auction estimate for a final price of $27,500, becoming one of the most expensive pinball machines ever sold at auction. The fifth lot in the sale, a Bugatti Type 59 Grand Prix Model by Antonietti-Bossac, ultimately sold for an outstanding $16,875. In total, the company sold all 15 of its automobilia lots, continuing its success in selling a range of automotive history.

“We are pleased with the results of our Geared Online Scottsdale Edition sale,” states Gooding & Company President and Founder, David Gooding. “Although we miss interacting with our clients one-on-one and commanding the auction stage at our annual Scottsdale event, it is exciting to see such incredible engagement on our Geared Online platform.”

Top Five Sales

Geared Online | The European Sporting & Historic Collection Gooding & Company’s next sale will be its Geared Online UK auction, The European Sporting & Historic Collection. This online only sale follows the company’s record-breaking “Passion of a Lifetime” UK event at Hampton Court Palace. The online only auction will begin on Thursday, 28th January and run through Friday, 5th February 2021, with lots closing beginning at 17:00 GMT. These nine coveted and magnificent automobiles hail from some of Europe’s most significant marques. Preceding the online event, all available lots will be housed in a central location north of London, providing the opportunity for interested bidders to experience the online offerings.

 

Geared Online | European Sporting & Historic Collection
Online Catalogue Available
Monday, 25 January
Auction Begins
Thursday, 28 January 09:00 GMT
Lots Begin Closing
Friday, 5 February 17:00 GMT
Website

www.goodingco.com

 

 

 

Lot

Description

s/n

Estimate

Price incl. Buyer’s Premium

16

1974 Fiat 124 Sport Spider

124CS10073284

$25,000 - 35,000

$24,200

17

1989 Mercedes-Benz 560 SL

WDBBA48D6KA
100720

$40,000 - 60,000

$75,900

18

1954 MG TF

HDA462620

$30,000 - 40,000

Not Sold

19

1973 Porsche 911 2.4 E

9113201070

$70,000 - 90,000

$69,300

20

2006 Mercedes-Benz SLR McLaren

WDDAJ76F06M
000691

$200,000 - 240,000

$220,000

21

1926 Bugatti Type 37 Grand Prix

37227

$650,000 - 850,000

$935,000

22

1950 Jaguar XK120 Roadster

670590

$120,000 - 160,000

Not Sold

23

1971 Mercedes-Benz 280 SE 3.5 Cabriolet

111.027.12.
001412

$250,000 - 300,000

Not Sold

24

1974 Porsche 914 2.0

4742906575

$50,000 - 70,000

$41,800

25

1967 Ferrari 330 GTC

11205

$500,000 - 650,000

$517,000

26

1967 Austin-Healey 3000 Mk III (BJ8)

HBJ8L37558

$70,000 - 90,000

wdn

27

1930 Packard DeLuxe Eight 745 Convertible Sedan

181631

$200,000 - 300,000

Not Sold

28

1960 Alfa Romeo 2000 Spider

AR10204.
00977

$45,000 - 65,000

$49,500

29

1957 Porsche 356 A Speedster

82932

$275,000 - 350,000

$313,500

30

1974 Rolls-Royce Corniche S

DRC19997

$40,000 - 50,000

$36,300

31

2011 Porsche 997 GT2 RS

WP0AE2A90BS
778112

$300,000 - 350,000

$374,000

32

1969 Shelby GT350

9F02M480040

$60,000 - 80,000

$59,400

33

1968 Meyers Manx

2499630

$40,000 - 60,000

$101,200

34

1966 Jaguar E-Type Series I 4.2-Litre Roadster

1E12126

$220,000 - 260,000

$231,000

35

1971 Mercedes-Benz 280 SE 3.5 Coupe

111.026.12.
002887

$90,000 - 120,000

$88,000

36

1966 Austin Mini Moke

A-AB1L-827174

$20,000 - 30,000

$24,200

37

1966 Ferrari 275 GTB Long Nose

8863

$2,000,000 - 2,400,000

$1,936,000

38

1989 Ferrari 328 GTB

80029

$150,000 - 180,000

Not Sold

39

1929 Ruxton Model C

1005

$400,000 - 500,000

Not Sold

40

1971 Mercedes-Benz 280 SL

113.044.12.
022185

$95,000 - 120,000

Not Sold

41

1954 Aston Martin DB2/4 Drophead Coupe

LML/506

$1,000,000 - 1,400,000

$968,000

42

1966 Toyota FJ40 Land Cruiser

FJ4041897

$40,000 - 60,000

$39,600

43

1965 Shelby GT350

SFM5S291

$375,000 - 450,000

$385,000

44

2020 Koenigsegg Regera

YT9NN1U19LA
007237

$2,750,000 - 3,500,000

Not Sold

45

1969 Mercedes-Benz 280 SE Cabriolet

111.025.12.
001866

$100,000 - 130,000

$94,600

46

1969 Chevrolet Camaro Custom

123379N678669

$175,000 - 250,000

$176,000

47

1972 Citroen SM Land Speed Racer

SB 5805

$100,000 - 200,000

$203,500

48

1935 Cadillac 452D 5-Passenger Convertible

$650,000 - 850,000

wdn

49

2010 Rolls-Royce Phantom Drophead

SCA682D5XAUX
16426

$140,000 - 180,000

$170,500

50

1969 Porsche 911 2.0 E Targa

9110210226

$85,000 - 95,000

Not Sold

51

1970 Jaguar E-Type Series II 4.2-Litre Coupe

1R27391

$45,000 - 60,000

$44,000

 



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