Gooding and Company, Amelia Island Plantation, Amelia Island, Florida, March 8, 2013
Report and photos by Rick Carey, Auction Editor
Don’t let Gooding & Company’s 2013 sale total, down nearly $8 million, 21.9%, from 2012, fool you.
Last year’s sale was dominated by the Drendel Family collection of turbocharged Porsches. It attracted every Porsche-centric collector on the planet, and not a few added Porsche lots, including the 550/1500 RS Spyder (s/n 0062) that knocked the socks off its $2.2-2.6 million estimate range with a price of $3,685,000.
The Drendels’ 917/30 Can-Am Spyder (s/n 004) sold with a hammer bid of $4 million, equaling its high estimate, an all-in price of $4.4 million, an important part of the Porsche popularity that dominated last year’s Gooding Amelia auction
In 2013 there was no similar themed collection, but there were six cars sold for hammer bids of $1 million or more, topped by the 1928 Bentley 4 ½ Liter Semi-Le Mans Tourer (s/n MF3153) that sold on a hammer bid of $2.5 million, $2,750,000 with commission.
There were some exceptional results, but none more remarkable than the Springfield Rolls-Royce Phantom I with Brewster Derby 4-Seat Speedster coachwork (s/n S158FR) which more than doubled its high estimate of $850,000 with a buying bid of $1.8 million, $1,980,000 with commission.
Here are the numbers for the last four years:
It was plain throughout the sale that, in common with other recent auctions, the bidders’ willingness to step up to big prices for exceptionally rare, beautiful, fast and historic cars was greater than the willingness – or resources – of bidders to stretch values to acquire more common and less costly cars.
There still remain, however, a significant number of astute collectors of more modest means who recognize the value implicit in immaculately, meticulously restored cars, as the buyers of the beautifully restored TR3, 190SL and Nash Metropolitan proved. There is value and satisfaction in buying the best, even if it isn’t an alloy bodied 275 GTB.