Gooding & Company's Two-Day Pebble Beach Auctions Realizes More Than $128 Million

3 cars sell above $10 million, 26 cars above $1 million

New auction records broken for Ferrari and Porsche

PEBBLE BEACH, CA -- Aug. 18, 2015: Gooding & Company, the official auction house of Pebble Beach Concours d'EleganceŽ, realized more than $128 million at its Pebble Beach Auctions this weekend, resulting in a two-day sales company record. During the two-day sale, the auction house sold 115 of 129 lots, a 89% sale rate, and our highest ever average price of $1,113,896 per car. During the auction weekend, an impressive 26 cars sold over the $1 million mark including three vehicles over $10 million. World records were broken as new market standards were set for Ferrari and Porsche, including a 1961 Ferrari 250 GT SWB California Spider (sold for $16,830,000), 1962 Ferrari 250 GT SWB Berlinetta Speciale (sold for $16,500,000), Le Mans-winning 1982 Porsche 956 (sold for $10,120,000), 1960 Porsche RS60 (sold for $5,400,000), 1957 Ferrari 410 Superamerica Series II Coupe (sold for $5,087,500), and a 1988 Porsche 959 Komfort (sold for $1,732,500).

David Gooding, President of Gooding & Company: "New benchmarks were set and our company hit a new record for highest two-day sale. We are incredibly grateful and proud for the support and patronage in making this such a successful auction. Our clients understand we selectively consign vehicles of quality and provenance, which is why we consistently have one of the highest sell-through percentages and prices realized in the industry. To hit $128 million in just two days with just 129 cars is a real achievement."

Top Five

1961 Ferrari 250 GT SWB California Spider, $16,830,000

1962 Ferrari 250 GT SWB Berlinetta Speciale, $16,500,000

1982 Porsche 956, sold for $10,120,000

1960 Porsche RS60, sold for $5,400,000

1957 Ferrari 410 Superamerica Series II Coupe, sold for $5,087,500