The Gooding and Company Pebble Beach Auction 2011 will be held Saturday, August 20th and Sunday, August, 21st at the Pebble Beach Equestrian Center in Pebble Beach, California. Gooding’s 7th annual auction, again held in association with the Pebble Beach Concours d’Elegance, will feature more than 150 cars, including 27 estimated to reach bids in excess of $1,000,000.
The Gooding and Company Pebble Beach 2011 sale has several major offerings, highlighted by the 1931 Duesenberg Long Wheelbase Model J Whittell Coupe; 1927 Mercedes-Benz S-Type 26/180 Sportwagen; 1921 Bentley 3-Litre; 1932 Duesenberg Model J Dual Cowl Phaeton and 1963 Shelby Cobra 289 Factory Team Car.
A host of important Ferraris are also featured at the Gooding Pebble Beach auction, headlined by the 1957 Ferrari 250 Testa Rossa Prototype; 1962 Ferrari 250 GT SWB Berlinetta; 1959 Ferrari 250 GT LWB California Spider; 1963 Ferrari 400 Superamerica Coupe Aerodinamica; 1957 Ferrari 410 Superamerica Series II Coupe; 1953 Ferrari 375 America and 1948 Ferrari 166 Spider Corsa.
While the estimate on the Ferrari 250 TR is “available upon request”, Gooding and Company previously said that, if sold, the Testa Rossa should break the all-time auction record of $12,402,500, currently held by the 1957 Ferrari 250 Testa Rossa 0714TR sold by RM Auctions in 2009.
In 2010, Gooding & Company offered 135 automobiles for sale, with 106 finding a new owner, reflecting a 79% sales rate. Total sales volume was $64,592,250, inclusive of buyer’s premiums. The average price per car sold was $609,360. The top sale went to the 1959 Ferrari 250 GT LWB California Spider Competizione at $7,260,000, followed by the 1933 Alfa Romeo 8C 2300 Monza at $6,710,000 and 1961 Ferrari 250 GT SWB Berlinetta SEFAC Hot Rod at $6,105,000. (See 2010 Gooding & Company Pebble Beach Auction Report).
The Gooding & Company Pebble Beach Auction is located at the Pebble Beach Equestrian Center, located at the corner of Portola Road and Stevenson Drive. Auction preview days will be from Wednesday, August 17 through Sunday, August 21, 2011. The Saturday evening auction will start at 5:00 PM and the Sunday evening auction at 6:00 PM. Auction catalogs are available for $100 and admit two to the viewing and the auction. Bidder registration is $200 and includes reserved seating for two and a catalog. General admission to the viewing and the auction can be purchased at the tent for $40 per person.
For more information, contact Gooding & Company at (310) 899-1960 or visit www.goodingco.com.
Gooding & Company Pebble Beach 2011 – Auction Preview