Gooding Sets World Auction Records at Scottsdale Sale

by Cyndi Paceley Photo: Gooding & CompanySanta Monica, CA — The auction house revealed Monday that its Jan. 18-22 Geared Online Scottsdale auction achieved $7.09 million on 39 of 49 lots sold for an 80% sell-through rate. A 1926 Bugatti Type 37 Grand Prix reached a final sale price of $935,000 to set a new auction world record for a Type 37.
Photo: Gooding & CompanySee all results beyond these top 5:

• 1966 Ferrari 275 GTB Long Nose: $1.936 million
• 1954 Aston Martin DB2/4 Drophead Coupe: $968,000
• 1926 Bugatti Type 37 Grand Prix: $935,000
• 1967 Ferrari 330 GTC: $517,000
• 1965 Shelby GT350: $385,000

One of the most distinctive lots from the online sale, the record-breaking 1972 Citroen SM Land Speed Racer, successfully sold above estimate at an impressive $203,500. A 1968 Meyers Manx more than doubled its low estimate by selling for $101,200 to set a new auction world record for the model.
Copyright and courtesy of Gooding & Company. Photo by Mike MaezGooding also sold 100% of its automobilia lots, highlighted by the extremely rare c. 1963 Midway Race-Way Pinball Machine. The original and operational machine far exceeded its pre-auction estimate for a final price of $27,500 — becoming one of the most expensive pinball machines ever sold at auction.

The company’s nine-car European Sporting & Historic Collection online sale opens Thursday (Jan. 2 and closes Feb. 5.