The auction houses prove, once again, that the global demand for collector cars is stronger than ever!
At the second-ever UK event for Gooding & Company, the internationally acclaimed auction house and official partner of the Concours of Elegance, is reporting a closing number of £22,811,938, or $25,319,030. This includes seven cars sold for more than £1 Million, and a world auction-breaking lot. Also being reported is a 79-percent sell-through rate, signaling strength in the UK market, and combined with the results from their Monterey auction, a huge demand for collector cars across the globe.
Held at the historic grounds of Hampton Court Palace, the London Auction features show stoppers, like the well-documented 1960 Ferrari 250 GT SWB Berlinetta Competizione, selling for £7,762,500, or roughly $8.9 million USD. This one of the 31 out of the prestigious 39 lots sold during the auction. Another highlight was a world record-breaking sale of a 1965 Alfa Romeo Giulia TZ, selling for £1,181,250 ($1.35 million), making it the highest-priced Giulia ever sold. Each lot was hand curated and vetted before coming under the hammer.
Alfa Romeo Giulia TZ (Below)
“We are incredibly pleased with how our foothold in the UK has been steadily growing, especially with our partnership with the Concours of Elegance, and our second-ever live auction abroad was a great success,” said Gooding & Company President and Founder, David Gooding. “The UK team, led by Charlie Ross and Joe Twyman, did an incredible job, and we achieved quite a number of remarkable sales. We look forward to our return to the UK for our London Auction in 2023.”
1932 Bentley (Below)
Vintage Bentleys from The Timeless Collection captivated the attention of collectors in attendance. This collection included cars like the 1932 Bentley Eight Litre Sports Saloon, as well as the 1932 Bentley Eight Litre Sports Tourer, a historic super car. Additionally, Gregor Fisken, the owner of London-based Fiskens LTD, consigned his family’s 1987 Citroën 2CV6 Dolly as a charity lot, with the consignor’s proceeds planned for donation to Ukraine’s Voices of Children organization.
Gooding & Company is already looking forward to their November sale, the online-only Geared Online | Bugattiana Automobilia auction. They are preparing over 300 lots of Bugatti-specific memorabilia, available for bidding online from November 7-18th. Many of these upcoming lots are offered at No Reserve.