A 1930 Packard 734 Speedster Runabout sold for $1,765,000 as the top result of the Gooding Amelia Island 2019 classic car auction.
The most-expensive car sold at the Gooding Amelia Island 2019 sale was a 1930 Packard 734 Speedster Runabout that achieved $1,765,000. The highest bid in the auction was $2 million that failed to buy the Otis Chandler 1979 Porsche 935. Six cars sold for over a million dollar: three Porsches, two Ferraris and of course the imposing Packard.
Gooding Amelia Island 2019 Auction
Gooding & Company scheduled its Amelia Island Auction on March 9, 2019, at the Omni Amelia Island Plantation, Amelia Island, Florida, USA.
In 2019, Gooding earned $22 million at Amelia Island selling 78 of 89 lots offered for a respectable sell-through rate of 88%. The average price was $282,666 per car with six cars sold for over a million dollar.
In 2018, Gooding earned $35.5 million with a high 94% sell through rate – 81 of 86 lots were sold but unfortunately, the unsold lots included the two most-expensive cars in the sale. The average price was $438,818.
In 2017, Gooding gained $30,568,700 with a sell through rate of 78% with 69 of 88 lots offered sold. The average price was $443,025. However, Gooding earned a record $60 million at Amelia Island in 2016, when the sell-through rate was 87% with an average price of $871,915 per car sold. The 2016 sale memorably included 14 Porsches from the Jerry Seinfeld Collection.
Top Results at the Gooding Amelia Island 2019 Sale
Six cars sold for over a million dollar at the Gooding Amelia Island 2019 classic car auction:
|1||1930||Packard 734 Speedster Runabout||1,765,000||1,700,000 – 2,000,000|
|2||2015||Porsche 918 Spyder Weissach||1,490,000||1,800,000 – 2,000,000|
|3||1965||Ferrari 275 GTS||1,325,000||1,300,000 – 1,600,000|
|4||1963||Ferrari 250 GT Lusso||1,226,000||1,300,000 – 1,600,000|
|5||1993||Porsche 964 Carrera RS 3.8||1,132,500||1,200,000 – 1,500,000|
|6||1987||Porsche 962C Kremer||1,022,500||1,000,000 – 1,250,000|
Million-Dollar Cars at Gooding Amelia Island 2019
Six cars sold for over a million dollar at the Gooding Amelia Island 2019 sale: a Packard, three Porsches and two Ferraris:
1930 Packard 734 Speedster Runabout
The top result at the Gooding Amelia Island 2019 classic car auction was $1,765,000 paid for a 1930 Packard 734 Speedster Runabout, estimate $1,700,000 – $2,000,000. It is one of only 18 Speedsters known to have survived and features sporting boattail coachwork by Packard Custom Bodyworks. The Packard has not been displayed in the past decade but in 2006 took First in Class at Pebble Beach and in 2007 received the Breitling Award for Timeless Beauty at Amelia Island.
This was the second auction in two days to be topped by an American classic from 1930 – the day before Bonhams top result was $1,187,500 for a 1930 Cadillac Series 452 V-16 Roadster.
Top Porsches at Gooding Amelia Island 2019
The top Porsche result at the Gooding Amelia Island 2019 auction was $1,490,000 paid for a 2015 Porsche 918 Spyder Weissach – one of the lowest results ever accepted for the model. This 918 was part of the Whatsapp founder Jan Koum’s Porsche collection and was offered without reserve. Despite having only 40 miles on the clock and featuring the $64,000 Liquid Metal Chrome Blue paintwork option, the car failed to outperform similar cars sold at recent auctions. A year ago, Gooding sold a non-Weissach 918 with 2,500 miles on the clock for slightly more. Although only 918 cars were ever made, the market currently suffers from an oversupply of low-mileage models.
The second most-expensive Porsche result was $1,132,500 paid for a 1993 Porsche 964 Carrera RS 3.8, estimate $1,200,000 – $1,500,000. This was another car from the Jan Koum Collection of limited edition Porsches. It is one of only 55 road-going versions built of the Porsche 964 RSR racing car. It has covered only 15,420 km and its only other owner was Shin Okamoto.
The 1987 Kremer Porsche 962C, estimate $1,000,000 – $1,250,000, sold for $1,022,500. This racing car was specially built by Kremer for the 1987 24 Hours of Le Mans, where it finished fourth overall. This 962C was raced again the following year at Le Mans where it finished eighth overall. The Kremer Porsche retains its iconic Leyton House livery but has been on static display for the past decade and will require some work before being able to race again.
The top bid of the auction was $2 million but was not accepted for the 1979 Porsche 935, chassis 990 0027, estimate $2,550,000 – $3,000,000. This car is one of only seven built in 1979 and was originally owned and raced by Otis Chandler. The well-documented racing car is an unusually correct example – partly due to it being raced only once. It is still in its original blue Sunolco livery.
A highest bid of $800,000 was also not accepted for a 1973 Porsche 911 Carrera 2.7 RS Lightweight (Estimate: $1,000,000 – $1,200,000).
Top Ferraris at Gooding Amelia Island 2019 Sale
High-end Ferraris played a remarkable small role at the various Amelia Island 2019 classic car auctions. Gooding offered only two million-dollar Ferraris and both sold with results near lower estimate:
- The 1965 Ferrari 275 GTS, chassis 06805, was the Brussels Show car and the fourth of only 200 built. It retained its original engine.
- The 1963 Ferrari 250 GT Lusso with coachwork by Scaglietti is one of 350 built. It is also red over black with its original engine.
Gooding’s next classic car auction is on 16 & 17 August 2019 at Pebble Beach.
More on Amelia Island 2019 Classic Car Auctions
Amelia Island 2019 Auction Results:
- 2019 Amelia Island General Auction Results Overview
- 2019 Bonhams Amelia Island Sale (Auction Results)
- 2019 Gooding Amelia Island Sale (Auction Results)
- 2019 RM Sotheby’s Amelia Island Sale (Auction Results)
Amelia Island 2019 Auction Previews:
- 2019 Bonhams Amelia Island Sale (Auction Preview)
- 2019 Gooding Amelia Island Sale (Auction Preview)
- 2019 RM Sotheby’s Amelia Island Sale (Auction Preview)
Amelia Island 2019 Presale Announcements:
- Bonhams – Jacky Ickx 1969 Brabham-Cosworth
- Bonhams – Boulton Antique Cars Collection
- Gooding – Jan Koum Collection Porsches
- Gooding – Competition Porsches
- RM Sotheby’s – American Classics (including a 1930 Duesenberg Model J ‘Sweep Panel’ Dual-Cowl Phaeton by LeBaron)
- RM Sotheby’s – High-Performance Cars (including a 1937 Bugatti 57SC Tourer & 1965 Shelby 427 Competition Cobra)