The Gooding & Co Scottsdale Auction : the results

Disappointing results

No real surprises in the Gooding & Co Scottsdale Auction. Just as in the Bonhams Auction and RM Sotheby’s Auction in Scottsdale, there were no extremely rare or special cars being auctioned. And that’s probably the reason there are no exceptional hammer prices to be mentioned. Very few of the cars that were sold in the Gooding & Co Auction succeeded in reaching the lower estimation. To my surprise, some cars didn’t even find another owner. And for a 1956 Porsche 356A Speedster or a 2011 Porsche 911 GT2 RS,  that’s rather uncommon. Without any doubt, these were cars would have been sold during the heydays of the Porsche classic market a few years ago. Another clear indication that the market has changed. But that’s not always a bad sign. Maybe the investors that definitely came in the classic car market a few years ago have disappeared? The biddings of some of them made the prices boom, even for cars that were rather common. 

2016 Porsche 911R
2016 Porsche 911R

When those investors have moved to another market, some of the cars might come into financial reach of the truly passionate. People that buy cars to enjoy them, whether it is on the road, on the track or in their garage. Who knows what is going on. But isn’t it strange that a car like the 2016 Porsche 911R now sells for a price of $ 280.000? We’ve seen prices of about $1.000.000 for that same car? And even though the 2016 Porsche 911R is a limited series, and a collectible, the prices of the past were insane. Too bad for the guys that paid big bucks, but sometimes they win, sometimes they lose.

The auction results of all the Porsches in the Gooding & Co Auction in Scottsdale

Lot 004: 1973 Porsche 914 2.0 Sold for $58,240 +
Lot 010: 1984 Porsche 911 Carrera Sold for $112,000 –
Lot 020: 1959 Porsche 356A Coupe Sold for $131,600 –
Lot 026: 1965 Porsche 911 Coupe Sold for$212,800 =
Lot 033:  1965 Porsche 356 SC Cabriolet Sold for $196.000 –
Lot 041: 1974 Porsche 911T 2.4 Targa Sold for $117,600 –
Lot 045: 1961 Porsche 356 B Super 90 Roadster Sold for $201.600 =
Lot 053: 1968 Porsche 911 Sold for $100.800 –
Lot 054: 2011 Porsche 911 GT2 RS Unsold, highest bid $360.000
Lot 058: 1956 Porsche 356A Speedster Unsold, highest bid $360.000 
Lot 059: 1976 Porsche 911 2.7 S Signature edition Sold for $72,800 –
Lot 107: 1958 Porsche 356A Speedster Sold for $324,000 – 
Lot 109: 2016 Porsche 911R Sold for $280,000 –
Lot 120: 1965 Porsche 356 SC Coupe Sold for $190,400 +
Lot 124: 1969 Porsche 911T 2.0 Sold for $95.200 – 
Lot 126: 1987 Porsche 930 Slantnose Sold for $215.600 – 
Lot 130: 1989 Porsche 964 Carrera 4 Sold for $75.600 – 
Lot 132: 1959 Porsche 356 Convertible D Sold for $224.000 = 
Lot 134: 1972 Porsche 911T Sold for $137,200 =
Lot 137: 2008 Porsche 997 GT2 Sold for $299,250 –
Lot 141: 1973 Porsche 911 S 2.4 Sold for $240,800 – 
Lot 148: 1966 Porsche 912 Sold for $51,520 – 
Lot 160: 1989 Porsche 911 Carrera Sold for  $92,400

All pictures: courtesy Gooding & Co