Gooding Amelia Island auction - live online now

This depends upon whether the auction companies' estimates are meant to include the final sales price, which includes commission, or are their estimates supposed to be the hammer price.

 

Dino's have pulled back a bit, I think it's because there's a flood of them and too many have now sold at auctions.

 

Dinos have indeed pulled a bit. The rest are around market/high market. GTC at 935, GTB4 at 3.3, Aperta at 1.150m. F40 apparently sold for more than 1.4m also.

Then $71k for a 348TB is more than any market car atm.

 

In Bonhams didn't a F&C Dino sell for over $500K this week? The barn find green Dino looked in bad condition and didn't deserve the $400K+ range. I dont believe Dino prices are off.

 

The fact is the high bid on the green Dino at 330K before commission is higher than what people are advertising for nice cars.

 

No one was bidding on the green Dino. Forget about the estimate, the car was a roach.

 

Auction company estimates are always hammer price.

 

The GTC was a beautiful car, many expected it to bring more.

 

The 1975 3.0 RS(there were none) had a BIG story, car was re-chassis and assumed the identity of an earlier car. Porsche prices have softened a bit with the exception of Turbo's which should slow down soon.

 

the f+c sold 561k including comm. I did not see it but I have a black f+c for sale with less miles and after that silver car sold I now have 3-4 serious buyers that want it because apparently the silver car was just ok and mine is spectacular. dinos in general are flat in price for a year or more similar to most high production cars 300l etc etc. f+c will always do a bit better than the general market because of the low productions numbers. I thought 561k for just an ok f+c example is exactly where it should be and right within the estimate (was 500-600)...decent f+c cars have been 525k-650k for a year and a half and don't see that market moving much either way just steady....

 

I think the market is starting to level off. The auction companies can keep trying to beat the drums by increasing their estimates but the market is speaking. The laws of supply are working nicely. When prices rose due to demand some supply came out of the closet as it provoked owners to sell their cars. With the rise in supply on the market it started to level off prices as it softens demand.

Recently the only cars going up such as the 308's are due to the fact they are catching up to their relative value with respect to the other models. At this point the true collectors will enjoy their cars and keep purchasing what they like, the speculators will start to consider selling which may lead to a further softening of the market or hold on to their assets (as they would refer to them) and say a few Hail Mary's.

Happy Motoring

 

Ah that makes sense on the RS. The run up in prices of very high production cars, eg Porsche and E-types has been for me the most inexplicable aspect of the recent spike in auto-collectible valuations. There were 75,000 E's built, and hundreds of thousands of 911s. Also interesting to see the trajectory of 300SLs which also seem to be leveling, finally. It's incredible how many come to market; I think total production was only ~1500 and yet there seem to be 2-3 at every auction.

 

This car is exceptional!

 

I posted the following the other day on the "bubble burst" thread, but it's germane to the discussion here.

"It will be interesting to see if the declaration of the "bubble bursting" isn't a reduction in prices, but a failure to meet ever higher estimated selling prices at auction.
I see RM has a 330 2+2 with a $400K-$600K on auction this weekend. I can't imagine it coming close to the higher number, and it's been a rare car that has sold at even the low one..."

The market for these cars HAS NOT SOFTENED; it's the estimates that are getting ahead of reality. A year ago a good 330 2+2 was $300K and now it's supposed to be $500K? Really?!

 

I bought it and am very pleased about the car and the price. The documentation with this car is incredible. After seeing the documentation and an MPI inspection I am convinced that Gooding's catalogue discreption is accurate.

 

This is a very good point. As a matter of consequence any softening from a peak can and might be taken as inferring some form of crash when indeed it is just pointing towards a modicum of greed. My main argument is that the major players in the industry are struggling to get consignments and the only way of securing them is to promise a major payday to an un-convinced seller. Hell I'd sell granny if they offered me enough, eh!

 

Does anyone know what the bare-metal Maserati 200si went for? It doesn't show up yet on the Gooding site. I think Lot 56. It shared the track w/ our car at Imola '55.

 

You mean the racer where sir Stirling Moss was present?

(That car did not reach its estimate, I think the high bid (does not say anything) was 3.1 m usd.)
Ciao
Oscar

 

Not Sold @ High bid of US$4.7 mil, I understand none of the BIG lots at gooding sold except the 275 GTB/4.

 

I remember 4.5 Mio US. Estimate was 5.5

 

What did the 330 GT 2+2 Series II sell for?

 

Congrats Fred,

You purchased an amazing and incredibly well preserved and documented GTC. I inspected the car when the second to last owner (from CT) purchased the car (a dear friend of mine) and I have never seen a better original GTC. I was expecting this car to hammer near or at 7 figures. Very well bought.