It is of nu use to tell you that Jerry Seinfeld was selling part of his Porsche collection at the Gooding&Co Auction at the Amelia Island this year. We’ve told you about that, and with us dozens of others. I can’t imagine an auction that had that much attention of Porsche fans, as this one. After all, some amazing cars went under the hammer, and everybody was waiting to see what they would sell for. It was obvious from the beginning there would be lots of interest for this auction but would the cars bring what they were expected to bring ? Would there be any surprises ?
The auction is over now, and yes there were some surprises. The biggest surprises to me were the fact that both the Porsche 917/30 and the Porsche 718 RSK Spyder remained unsold at the auction. The Porsche 917/30, a one of 6, was expected to sell for an estimated $5,000,000 – $7,000,000. At the auction, to everyone’s surprse the bidding stopped at $2.8 million. Way below the estimated price. The Porsche 917/30, that used to be part of the Matt Drendel Collection Jerry Seinfeld bought this car at the 2012 Amelia Island Auction for $4.4 million, a hammering price that was considered a bargain at the time. The car remained unsold for the bidder $2.8 million but Gooding&Co reported they realized an after-auction sale for $3.0 million.
The Porsche 718 RSK with a huge race history only catched $2.8 million. I admit, this is not the amount everybody can spend at car, but for a car in that condition and with a race provenance like this, we can only say this is a bargain. The Porsche 718-019 has been raced extensively by Roger Penske for years. The car was in some of the most important Porsche Collections over the decades, and was restored to an immaculate condition by the renowned Joe Cavaglieri before it joined the Jerry Seinfeld collection in 2001.
The 1963 Porsche 356B 2000 GS/GT Carrera Coupe underperformed a bit too. I expected the car to bring the upper regions of the estimated price-fork of $1 – $1.4 million. The car didn’t even reach the lower price and the hammer finally went down at $825.000.
Same story for the 1958 Porsche 356 A 1500 GS/GT Carrera Speedster that sold for $1,540,00, which is quite below the expected $2.0 – $2.5 million.
The other 4-cam car at the auction performed way better. The blue Porsche 550 Spyder, considered one of the best preserved and unrestored 550 Spyders in existence, with only about 10.000 original miles since new in 1955 on the tacho, fetched $5.335 million, which was right in the expected price range of $5 – $6 million. A justified price in my opinion for this gem.
The complete Amelia Island Auction Results of the Jerry Seinfeld Porsches
Lot 31 – 1966 Porsche 911$275,000
Lot 32 – 2011 Porsche 997 Speedster$440,000
Lot 34 – 1955 Porsche 550 Spyder$5,335,000
Lot 35 – 1957 Porsche 356 A Speedster$682,000
Lot 36 – 1974 Porsche 911 Carrera 3.0 IROC RSR $2,310,000
Lot 37 – 1989 Porsche 911 Carrera Speedster $363,000
Lot 38 – 1990 Porsche 962C $1,650,000
Lot 39 – 1963 Porsche 356 B 2000 GS/GT Carrera 2 Coupe $825,000
Lot 040 – 2000 Porsche Carrera GT Prototype UNSOLD
Lot 41 – 1997 Porsche 993 Cup 3.8 RSR$935,000
Lot 42 – 1958 Porsche 597 Jagdwagen $330,000
Lot 43 – 2012 Porsche 997 GT3 Cup 4.0 Brumos Commemorative Edition $462,000
Lot 44 – 1973 Porsche 917/30 Can-Am Spyder $3,000,000
Lot 45 – 1994 Porsche 964 Turbo 3.6 S Flachbau $1,017,500
Lot 46 – 1958 Porsche 356 A 1500 GS/GT Carrera Speedster $1,540,00
Lot 48 – 1959 Porsche 718 RSK $2,860,000