Porsches rev record sales at Gooding's Amelia auction
By Larry Edsall
It turns out that there are occasions when its wise to put all your eggs in a single basket, provided, of course, those eggs are the classic sports and racing car equivalent of Faberge eggs.
For its annual sale on Florida's Amelia Island, where the concours d'elegance showcases cars with motorsports provenance, Gooding & Company focused on Porsches, a marque which usually doesn't draw much attention on classic car auction blocks. But the Porsches recruited by Gooding were not your typical Teutonic sports cars, but cars that brought along significant racing histories.
Bottom line: Of the more than $36 million sales at the event, which had a 91-percent sell-through, more than half of that total was toted on those Porsches. Indeed, 11 Porsches sold at Gooding for record prices, including seven that sold for more than $1 million dollars.
Top sale of the one-day event was $4.4 million for a 1973 Porsche 917/30 Can-Am Spyder, one of 17 Porsches consigned the Gooding event from the Drendel Family Collection. Those Drendel cars accounted for $17.7 million in sales.
Racer and founder of Heritage Motorwerks collected turbocharged Porsche racers, many of which Porsche borrowed to make its "Family Tree" television commercial.
But the Drendel cars weren't the only Porsches spurring record sales at the auction. For example, a 1955 550/1500 RS Spyder sold for $3.685 million.
Among non-Porsches, a 1951 Ferrari 212 Inter coupe went for $1.375 million, a 1948 Tucker 48 brought $1.32 million, and a 1971 Ferrari 365 GTB/4 Daytona spider went for $1.001 million.
The Tucker was the first of its marque sold since January, when one brought an astounding $2.915 million at Barrett-Jackson.
RM does $23 million at Amelia Island
RM's fourth annual Amelia Island auction resulted in $23 million in sales with an 88 percent sell-through.
The top sale was $2.42 million for a unique 1929 Cord L-29 special coupe designed by Count Alexis de Sakhnoffsky and built by the Hayes Body Corp. Five other vehicles also sold for $1 million or more, with records set for an Aston Martin DB5 Vantage convertible ($1.2 million), a Mercedes-Benz SL roadster ($990,000 for the 1960 model) and a Ferrari Dino 246 GTS ($363,000).
"The Amelia sale wrapped up a fantastic two weeks in Florida for RM," said RM founder Rob Myers, who was referring to the Milhous Collection sale done with Sotheby's. The two sales generated more than $61 million.
Myers also noted the success RM Auto Restoration had on the Amelia Island concours d'elegance show field, where a 1931 Duesenberg Model J Derham tourister and 1938 Jaguar SS Graber coupe both won awards.
The million-dollar sales at RM included a 1956 Ferrari 250 GT coupe speciale, 1972 365 GTB/4 Daytona spyder and 1967 275 GTB/4 berlinetta, the '65 Aston and a 1930 Bugatti Type 46 Superprofile coupe.
Other highlights included $805,000 for one of three complete collections of Lalique mascots.
Bugatti, Ferrari best at Amelia
The Off Brothers' 1938 Bugatti Type 57 and Jim Jaeger's 1962 Ferrari 250 GTO were selected as the best-in-show winners at the Amelia Island concours d'elegance.
Burdick collection brings $4.83 million
The sale of the Dick Burdick collection from the Central Texas Auto Museum generated $4.83 million at the Dan Kruse Classics auction. Burdick founded his museum in 1980 to showcase the history and development of the automobile and its cultural role.
A 1930 Cadillac Model 452 Fleetwood "Madame X" rumble-seat coupe went for $418,000, a 1934 Duesenberg Model SJ phaeton brought $346,000 and a Brewster-bodied 1913 Rolls-Royce Silver Ghost formerly owned by Cornelius Vanderbilt II's wife sold for $286,000.
Dealers preserve Saab heritage
According to Hemmings, two Saab dealers pooled their money to save the 10 vehicles that comprised the Saab Cars North America Heritage collection, which was auctioned as a single lot as part of the automaker's demise. Bill Jacobson of Wilmington, Delaware, and Tom Donney of Fort Dodge, Iowa, bought the cars and will add them to their already extensive Saab collections.
The dealers hope to display some of the heritage cars at annual Saab owners' conventions and Jacobson said he also hopes to organize a Saab show at the Simeone museum in Philadelphia.
Click here for event calendar.
Click here for more articles by Larry Edsall.