2020 Gooding Scottsdale 2020 Sale Auction Results

A 1995 Ferrari F50 sold for $3,222,500 as the top result of the Gooding sale and all Scottsdale 2020 auctions.

President David Gooding and Auctioneer Charlie Ross sell the 1995 Ferrari F50 for $3,222,500 at Gooding Scottsdale 2020. — © Gooding

Gooding sold a 1995 Ferrari F50 for $3,222,500 as the top result of any of the collector car auctions held during the Scottsdale 2020 week in Arizona, USA. Half of the top-ten most expensive cars sold was at Gooding auctions. Gooding sold eight cars for more than a million-dollar, including amongst others a 1932 Hispano-Suiza J12, a 1948 Tucker 48 and classic Ferraris. Gooding set a Porsche 914 model record at just below the million-dollar mark. The top car failing to sell was a 1967 Ferrari 500 Superfast.

Gooding Scottsdale Classic Car Auction 2020

1925 Bugatti Type 35 Grand Prix © Gooding

Gooding & Company’s annual Scottsdale classic car auction: 17 & 18 January 2020 at Scottsdale Fashion Square in Scottdale, Arizona, USA.

In 2020, Gooding earned $35,867,560 by selling 123 of 138 lots for an 89% sell-through rate.
In 2019, Gooding earned $48 million by selling 105 of 124 lots for a sell-through rate of 85% and an average price of $459,417 per car. The top result was $7,595,000 for a 1963 Ferrari 250 GT SWB Berlinetta.
In 2018, Gooding earned $49.2 million by selling 110 of 129 lots for a sell-through rate of 85% and an average price of $447,415 per car. The top result was $8,085,000 for a 1965 Ferrari 275 GTB Speciale.
In 2017, Gooding gained $33.4 million at the Scottsdale auction by selling 106 of the 126 lots for a sell-through rate of 84%. The top result was $3,300,000 for a 1925 Bugatti Type 35 Grand Prix.

1932 Hispano-Suiza J12 Dual Cowl Phaeton - a top result at Gooding Scottsdalde 2020 — © Courtesy of Gooding

Top Results at Gooding Scottsdale Sale 2020

The top results at Gooding Scottsdale 2020 classic car auction were as follows:

	Year	Car	Price ($)	Estimate ($)
1	1995	Ferrari F50	3,222,500	3,200,000 – 3,600,000
2	1932	Hispano-Suiza J12 Dual Cowl Phaeton	2,425,000	1,500,000 – 2,000,000
3	1948	Tucker 48	2,040,000	1,750,000 – 2,250,000
4	1967	Ferrari 330 GTS	1,985,000	2,200,000 – 2,500,000
5	1972	Ferrari 365 GTB/4 Daytona Spider	1,930,000	2,000,000 – 2,400,000
6	1960	Ferrari 250 GT Series II Cabriolet	1,462,500	1,300,000 – 1,500,000
7	1968	Lamborghini Miura P400 S	1,242,500	1,250,000 – 1,500,000
8	2014	McLaren P1	1,160,000	1,200,000 – 1,500,000
9	1970	Porsche 914/6 GT	995,000	1,000,0000 – 1,300,000
10	1958	Mercedes Benz 300 SL Roadster	940,000	900,000 – 1,200,000
11	1937	BMW 328	830,000	350,000 – 450,000
12	1961	Mercedes Benz 300 SL Roadster	775,000	700,000 – 900,000
13	2004	Porsche Carrera GT	775,000	750,000 – 825,000

Million-Dollar Cars Sold at Gooding Scottsdale 2020

Gooding sold eight cars for a million dollars at the Scottsdale 2020 classic car auction – more than any other auctioneer at Scottsdale 2020. These eight cars span quite a wide spectrum and somewhat surprisingly included only one modern hypercar.

1995 Ferrari F50

The top result at Gooding Scottsdale 2020 was $3,222,500 paid for a 1995 Ferrari F50. This was also the highest result of any auction at Scottsdale 2020 and the second-highest price paid for a car at public auction thus far in 2020. It is probably the second-highest price ever paid for an F50 and only the fourth F50 to have sold for over $3 million at public auction.

This 1995 Ferrari F50 is one of the 55 (out of 349 total) produced to US specifications. It was originally owned by Benny Caiola and had only two previous owners. It was sold with 5,200 miles on the clock.

1932 Hispano-Suiza J12 Dual Cowl Phaeton

The 1932 Hispano-Suiza J12 Dual Cowl Phaeton, chassis 13016, that sold for $2,425,000, was a class act and according to Hagerty proof that quality continues to sell in a weak market where cars of lesser quality are often offered while owners of top quality cars wait for a market recovery. The Hispano-Suiza was the most exciting of several 1930s cars on offer at Gooding Scottsdale 2020 and promptly achieved half a million above upper estimate.

The car is one of 120 J12 chassis ever produced and one of believed 10 open versions to have survived. Its rakish sports phaeton body is by Henry Binder of Paris. In 1954, chassis 13016 was purchased by famed collector Briggs Cunningham and remained in his collection for 35 years.

1948 Tucker 48

The 1948 Tucker 48 similarly was a cut above the rest and sold for a strong $2,040,000. Gooding achieved a similar result at Pebble Beach in 2014 – in between these two sales at least seven Tuckers were sold at auction but none above two million.

This Tucker 48, chassis 1034, was one of the cars actually assembled at the factory and not completed after production was halted. It is one of 12 (out of only 51 produced) that were finished in Waltz Blue metallic. The Tucker has only 6,200 miles on the clock.

Classic Ferraris at Gooding Scottsdale 2020

Classic Ferraris remain an important part of any top classic car auction and continue to deliver high prices, although for most models the market is weaker than two or three years ago.

The striking yellow 1967 Ferrari 330 GTS sold for $1,985,000. It is one of only 99 built – but another one sold at RM Sotheby’s a day earlier for a quarter of a million less.

Silver 1972 Ferrari 365 GTB/4 Daytona Spider — © Gooding

An Argento Metallizzato 1972 Ferrari 365 GTB/4 Daytona Spider sold for $1,930,000. This car is one of only 121 production examples of the spider ever built by Ferrari and has only 40,000 miles on the clock. It was once owned by two-time Oscar winner Sydney Pollack.

The 1960 Ferrari 250 GT Series II Cabriolet was the 68th of 200 examples built and amongst the rarest of roadgoing 250 GTs. It sold for near top-end $1,462,500.

Other Interesting Results at Gooding Scottsdale 2020

President David Gooding and Auctioneer Charlie Ross sell the 1937 BMW 328 for $830,000 at Gooding Scottsdale 2020. — © Gooding

Gooding brought relatively few modern hypercars to Scottsdale 2020. The only million-dollar result was for a 2014 McLaren P1 that sold for $1,160,000. The first six P1s at auction sold for around $2 million in 2015-17 but prices have been much weaker since. The 2017 Ferrari F12tdf saw a similar drop in valuations – the bidding for the car at Gooding stopped at $670,000.

Gooding set a new model record when a 1970 Porsche 914/6 GT sold for $995,000 – more than three times the previous model record. It is one of only 16 customer cars built by the factory in 1970 and was originally owned and raced by Canadian racing driver Jacques Duval. Race highlights included first in class (7th overall) at the 1971 24 Hours of Daytona.

The 1937 BMW 328 sold for nearly double the pre-sale estimate. It is a highly original example that has been in single-family ownership since 1945.

Three of the seven Mercedes-Benz 300 SLs on offer at Scottsdale 2020 were at Gooding. The 1955 Mercedes-Benz 300 SL Gullwing failed to sell with a highest bid of $925,000. Both Roadsters were sold within estimate but below a million dollars. A 1990 Mercedes-Benz 190E 2.5-16 Evolution II sold for a new world auction record price of $434,000 – may be a generational shift is underway.

Top Cars Not Sold at Gooding Scottsdale 2020

Black 1965 Ferrari 500 Superfast — © Gooding

Gooding seems to have judged the Scottsdale 2020 market well. In addition to the Gullwing and F12tdf mentioned above, the only million-dollar car failing to sell was the 1965 Ferrari 500 Superfast. The highest bid of $2,250,000 was not far off the lower estimate but the car remained unsold a day later. Three to four years ago these models sold for nearer $3 million.

Scottsdale and Arizona Car Auctions 2020

Scottsdale & Arizona Auctions 2020

Many auction houses have sales during the annual Scottsdale week in mid-November, including amongst others:

Barett-Jackson: 11 – 19 January 2020 in Scottsdale, Arizona.
Bonhams: 16 January 2020 in Scottsdale, Arizona.
Gooding & Company: 17 & 18 January 2020 in Scottsdale, Arizona.
RM Sotheby’s: 16 & 17 January 2020 in Phoenix, Arizona.
Worldwide Auctioneers: 15 January 2020 at Singh Meadows, Tempe, Arizona.

Scottsdale & Arizona Sales 2020 – Auction Results

Scottsdale & Arizona Sales 2020 – Auction Previews

Scottsdale & Arizona Press Announcements 2020

Barrett-Jackson: Charity Lots Results ($7.625 million!)
Barrett-Jackson: Charity Lots
Gooding: Ferraris (including F50 and Daytona Spider)
Gooding: Prewar 1930s Open-Top Classics
Gooding: Ferrari 500 Superfast & 330 GTS
Gooding: 1948 Tucker 48
RM Sotheby’s: Prewar Cadillac V-16s
RM Sotheby’s: Mercedes Benz 540 K and 300 SLs
RM Sotheby’s: Top Ferraris, (including 250 GT Cabriolet Series I)

Scottsdale, Arizona, 2019 Auctions Sale Results