Ex-Villeneuve 312 T5 sold for $660,000 including buyer's premium.
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On the same busy weekend, on the East Coast with no SpeedChannel coverage, the Gooding Auction in Palm Beach didn’t do badly either.
“Initial data indicates that 27 cars were sold totaling nearly $7 million.” said the media report. This averages out to $260,000 per car. However, that figure includes the record sale of a 1938 Talbot Lago, which almost matched the now famous BJ GM bus, making $3.9 million, including commission. “To set a world record during our first year in Palm Beach is remarkable,” said David Gooding, president of Gooding & Company. “The Talbot-Lago is just one indication of the high caliber of cars that were offered here, and we are already planning next year’s impressive lineup!”
David Gooding.
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It might be noted that unlike the Barrett-Jackson event, Gooding was a reserve auction, meaning the of the 55 cars entered, 27 sold and 28 did not meet the reserve price.
Another star of the show was the ex-Villeneuve. 1980 Ferrari 312, which sold for $660,000. Cavallino magazine rated the 312 T5 worth between $650,000 and 975,000, so while not a spectacular price, was within the estimated price range.
The only other Ferrari sold was a 1967 330GT, sold at $143,000 including buyer's premium.
A 1966 Maserati Mistral coupe sold at 57,200, again including buyer’s premium.
Talbot Lago
on the block, trying to catch the bus.
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Other cars sold at the auction:
1886 Benz Replica 55,000
1953 Lincoln Capri Convertible 25,400
1956 Continental Mk II 35,200
1960 Austin Healey Mk I 46,200
1950 Chevy 3100 Pickup 30,800
1967 Jaguar XKE 4.2 Series I 110,000
1940 Packard Custom Convertible 253,000
1937 Cord 812 Phaeton 126,500
1960 Jaguar 3.8 Drophead Coupe 159,500
1956 Mercedes Benz 300Sc 231,000
1941 Chrysler Windsor Convertible 31,900
1962 Corvette FI Convertible 489,500
1966 Volkswagen Microbus 44,000
1951 Roll Royce Silver Wraith 137,500
1957 Chevy Bel Air Convertible 68,200
1961 Rolls Royce Silver Cloud II 55,000
1974 Jaguar XKE Convertible SII 55,000
1980 Triumph Spitfire 1500 19,800
1969 Mercedes Benz 280SL 66,000
1970 Mercedes Benz SE Cabriolet 72,800
1957 Porsche 356A Coupe 30,800
1963 Mercedes Benz 190SL 30,800
1967 Austin Healey BJ8 46,200
Unfortunately, the Gooding event might well have been a silent auction, since it got lost in the Barrett Jackson hype and had no live nationwide TV coverage. That may be changing. According to Alyson Seligman, of the Carey O'Donnell PR Group,
"Gooding & Company’s inaugural auction at the 2004 Pebble Beach Concours d’Elegance was televised live on Auction HP on the Vroom Network and their 2005 Pebble Beach auction was taped and will be aired on TLC and Discovery."
Given the TV success of the Barrett-Jackson Auction, we hope that Gooding and other auction houses will soon be featured on similar channels
