Auctions

The Porsches at the 2017 Scottsdale auctions : the results

Mid January the eyes of all classic car fans headed towards Arizona, USA. The 2017 auction season took off with the first important auction at  Scottsdale. In a previous report we told you about the Porsches that were going under the hammer this year. Everybody was wondering what the results would be. After all, at the RM Sothebys’s Duemila Ruote Auctions it seemed that some crazy prices were being paid for rather modest and average cars. Would the market be as strong for more important cars in Scottsdale ? Well actually it wasn’t.  On the contrary, the most unexpected results were the no sale of some cars that everybody thought to hit the 1 million dollar mark.

RM Sotheby’s

Porsche 911 GT2 Scottsdale 2017
Highly unexpected : the Porsche 911 GT2 wasn’t sold.

The highest price paid at the RM Sotheby’s auction was for the 1987 Porsche 959 Komfort with a hammer price of 935.000 USD, which is in the lower range of the estimated price.  To everybody’s surprise, the yellow 1996 Porsche 993 GT2 didn’t bring the estimated price and remained unsold. Another car that I expected to be hammered but didn’t reach the minimum price was the 2011 Porsche 911 GT2RS.
Lot 154     1958 Porsche 356 A 1600 S Cabriolet by Reutter     Estimate $180,000 – $240,000 – Sold for $198.000
Lot 124     19544 Porsche 356A Speedster 1600 by Reutter      Estimate $275,000 – $325,000 –  Sold for $280.500
Lot 229    1957 Porsche 356A 1600 Speedster by Reutter        Estimate $340,000 – $380,000 – Sold for $330.000
Lot 111      1965 Porsche 356C 1600 Cabriolet by Reutter    Estimate $125,000 – $150,000 – Sold for 145.750
Lot 119     2016 Porsche 911 Carrera GTS Rennsport Reunion Edition    Estimate $250,000 -$300,000 – Sold for $225.500
Lot 136     1993 Porsche 911 Carrera RS America    Estimate $150,000 – $200,000 – Sold for 154.000
Lot 218    1996 Porsche 911GT2    Estimate $1,100,000 -$1,500,000 –  no sale
Lot 144    2011 Porsche 911 GT2RS   Estimate 450,000 – $500,000 –  no sale
Lot 125   2011 Porsche G11 GT3 
RS  Estimate $225,000 -$275,000 – Sold for $225.500
Lot 212  1989 Porsche 911 Turbo Flat Nose Cabriolet $225,000 -$275,000 – Sold for 239.250
Lot 215  1997 Porsche 911 Turbo S    estimate 425,000 – $500,000 – Sold for $418.000
Lot 226   1987 Porsche 959 Komfort    Estimate $900,000 – $1,200,000 – Sold for $935.000
Lot 133   2005 Porsche Carrera GT   Estimate $650,000 – $750,000 – Sold for $742.500

Gooding & Co

In my personal opinion the  barnfind 1958 Porsche 356 Speedster was one of the more interesting lots to be sold by Gooding & Co.  Not a car for the people faint of heart, as this was a project that needed a nut and bolt restoration. The car sold for $341.000, that was above the high estimate range. And as we all know, the new owner will have to dig deep in his wallet to get his baby back to a driveable condition. We’re looking forward to see it on the road again. The 1988 Porsche 959 Komfort sold for $1.089.000. Same story here too, with a Porsche 993 GT2 that remained unsold. Remarkable to see was that most of the Porsches didn’t reach the minimum estimated price, except for a 1967 Porsche 912 that exceeded the maximum estimate with approximately $35.000 reaching a hammer price of $114.000

Results Scottsdale Auction 2017
Photo by Jensen Sutta : Courtesy of Gooding & Co

Lot 007   1989 Porsche 911 Carrera Cabriolet   Estimate $60,000 – $80,000 – Sold for $81.400
Lot 011    1979  Porsche 930   Estimate $180,000 – $220,000 – Sold for $145.700
Lot 017    1961 Porsche 356B Coupe    Estimate $90,000 – $110,000 – Sold for $90.750
Lot 025    1973 Porsche 911 2.4S   Estimate $200,000 -$250,000 – Sold for $188.700
Lot 035  1975 Porsche 911 Carrera 2.7  Est. $120,000 -$150,000 – Sold for $110.000
Lot 042  1988 Porsche 959 Komfort   Est. $1,100,000 – $1,3,000,000 – Sold for $1.089.000
Lot 043  1965 Porsche 356 SC Cabriolet  Est. $225,000 – $275,000 – Sold for $192.500
Lot 054   2011 Porsche 997 GT3 RS 3.8   Est. $225,000 – $275,000 – Sold for $214.500
Lot 057   1973 Porsche 911 2.4S Targa    Est. $250,000 – $325,000 – Unsold
Lot 060  1989 Porsche 930 Turbo Cabriolet  Est. $125,000 – $150,000 – Sold for $143.000
Lot 062   1658 Porsche 356A Super Speedster Est. 200,000 – $275,000- Sold for $341.000
Lot 107  1967 Porsche 912  Est. $60,000 – $80,000 – Sold for $114.400
Lot 109  1989 Porsche 911 Carrera Est. $90,000 – $120,000 – Sold for $105.600
Lot 113   1979 Porsche 930  Est. 140,000 – $180,000 – Sold for $115.000
Lot 116   1973 Porsche 911 2.4T  Est $150,000 – $180,000 – Sold for $165.000
Lot 122  1976 Porsche 911 2.7 S Signature edition   Est: $120,000 – $140,000 –  Sold for $93.500
Lot 135  1971 Porsche 911 2.2 E Targa   Est. $175,000 – $225,000 – Sold for $170.500
Lot 140  1996 Porsche 993 GT2  Est $1,300,000 – $1,600,000 – Unsold 
Lot 145 2011 Porsche 997 Speedster   Est. $275,000 – $325,000 – Sold for $275.000
Lot 149  1970 Porsche 914/6   Est. $80,000 – $100,000 – Sold for  $99.000
Lot 150  1997  Porsche 993 Turbo S   Est. $400,000 – $500,000 – Sold for $396.000
Lot 156  2005 Porsche Carrera GT  Est. $650,000 -$750,000 – Sold for $621.500
Lot 158  1958 Porsche 356A Speedster Est. $400,000 -$500,000 – Sold for $341.000

Bonhams

The 1964 Porsche 904 Carrera GT was definitely the most important car that crosssed the block at the different Scottsdale Auctions. Porsches 904 don’t come up for sale that often, and this was a remarkable original one, probably because it wasn’t raced that extensively i it’s life. Originality needs to be paid. Once again this is proven by the hammer price of $2.310.000.

Bonhams Porsche 918 Spyder
This Porsche 918 Spyder remained unsold at the Bonhams Auction

 

Lot 4 1977 Porsche 911 Carrera 3.0 Coupe  Est. $100,000 – $150,000 – Sold for $60.500
Lot 23  1966 Porsche 911 2.0 Coupe  Est. $170,000 – $210,000 – Sold for $145.700
Lot 27   1956 Porsche 356A 1600 Speedster    Est. $425,000 – $525,000 – Sold for $528.000
Lot 35  1970 Porsche 914-6 Targa   Est. $65,000 – $85,000 – Sold for $60.500
Lot 36  2013 Porsche 918 Spyder  Est. $1,300,0000 – $1,500,000 – UnsoldBonhams Porsche 356 pre a Scottsdale
Lot 47   1953 Porsche 356 Pre A Cabriolet   Est. $225,000 – $300,000 –  Sold for $225.000
Lot 61 – 1960 Porsche 356B 1600 Cariolet (Est. US$ 150,000 – 175,000) Sold for  $154,000
Lot 73   1979 Porsche 930 3.3 Turbo Coupe  Est. $130,000 – $160,000 –  Sold for $93.500
Lot 88  1964 Porsche 904 Carrera GTS   Est. $2,000,000 – $2,500,000 – Sold for $2.310.000
Lot 94   1987 Porsche 924S Coupe   Est. $30,000 – $40,000 – Sold for $26.400
Lot 98   1961 Porsche 356 Outlaw Coupe   Est. 90,000 – $120,000  – Sold for $104.500

Barret-Jackson

As we told before not the highest quality cars at the Barret-Jackson auction. The cars that crossed the block are more like daily drivers or the collectors that don’t really bother that much about originality. No Trailer queens that’s what I mean. As a result no extraordinary hammer prices either, but the fair price for the fair cars?.

Lot 40 – 2007 PORSCHE BOXSTER CONVERTIBLE (no reserve) Sold for $12,650
Lot 82 – 2000 PORSCHE BOXSTER (no reserve) Sold for $13,200
Lot 149 – 1997 PORSCHE BOXSTER (no reserve) Sold for $15,400
Lot 161 – 2001 PORSCHE 911 CARRERA 4 CONVERTIBLE (no reserve) Sold for $20,900
Lot 321 – 2002 PORSCHE BOXSTER (no reserve) Sold for $14,300
Lot 361 – 1983 PORSCHE 928S (no reserve) Sold for $18,150
Lot 363 – 1999 PORSCHE 911 CARRERA (no reserve) Sold for $18,700
Lot 562 – 1974 PORSCHE 911 (no reserve) Sold for $31,900
Lot 617 – 1987 Porsche 924 (no reserve) Sold for $8,250
Lot 638 – 1988 PORSCHE 959 ROADSTER RE-CREATION (no reserve) Sold for $21,450
Lot 699 – 1988 PORSCHE 911 CABRIOLET (no reserve) Sold for $34,100
Lot 700.2 – 2002 Porsche 911 Carrera 4S (no reserve) Sold for $29,700
Lot 727 – 1970 PORSCHE 911 TARGA (no reserve) Sold for $52,800
Lot 728 – 1978 Porsche 911 Custom Coupe (no reserve) Sold for $44,000
Lot 823 – 1977 PORSCHE 911S (no reserve) Sold for $132,000
Lot 823.1 – 1971 PORSCHE 911T (no reserve) Sold for $63,800
Lot 830 – 1973 PORSCHE 911T CUSTOM COUPE (no reserve) Sold for $39,600
Lot 831 – 1978 PORSCHE 911 RS RE-CREATION (no reserve) Sold for $66,000
Lot 992.1 – 1995 PORSCHE CARRERA CABRIOLET (no reserve) Sold for $33,000
Lot 1034.1 – 1964 PORSCHE 356C (no reserve) Sold for $64,900
Lot 1155 – 1962 PORSCHE 356B (no reserve) Sold for $71,500
Lot 1323 – 1997 PORSCHE 911 993 TURBO (no reserve) Sold for $220,000
Lot 1333 – 1991 PORSCHE 911 CARRERA 2 TARGA RWB (no reserve) Sold for $82,500
Lot 1367 – 1967 PORSCHE 911S (no reserve) Sold for $170,500
Lot 1396 – 2005 PORSCHE CARRERA GT (no reserve) Sold for $616,000
Lot 1424 – 1973 PORSCHE 911S (no reserve) Sold for $203,500
Lot 1427 – 1977 PORSCHE 930 TURBO (no reserve) Sold for $181,500
Lot 1449 – 1979 PORSCHE 930 TURBO (no reserve) Sold for $125,400
Lot 1522 – 2000 Porsche Boxster S Convertible (no reserve) Sold for $15,950
Lot 1637 – 2007 Porsche 911 (no reserve) Sold for $29,700

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