Gooding & Company Announces More Than $50 Million in Sales at 2009 Pebble Beach Auction

Gooding & Company, the official auction house of the Pebble Beach Concours d’Elegance(R), sold 129 lots over their weekend auctions, achieving more than $50 million in sales. Continuing its successful presence as a leading auction house in Monterey, Gooding & Company attracted thousands of collectors and enthusiasts from around the world last week.

Overall, the auction achieved $50+ million with 129 lots sold out of 159. Nine cars sold for more than $1 million. Sunday evening’s top five sales were the 1962 Ferrari 250 GT SWB California Spider at $5,115,000, the 1933 Alfa Romeo 8C 2300 Drop Head Coupe at $4,180,000, the 1935 Duesenberg Model SJ Roadster at $3,300,000, the 1954 Ferrari 500 Mondial Series I at $1,540,000 and the 1934 Mercedes-Benz 380 Sport Roadster at $1,078,000.

Guests at the auction witnessed the historic sale at $550,000 of “Chassis Number One” of Bentley Motors’ Mulsanne, the new flagship grand tourer model that was conceived, styled and engineered at Bentley’s headquarters in Crewe, England.

Saturday’s highest sale was the 1958 Ferrari 250 GT LWB California Spider at $2,750,000. A highlight for enthusiasts was the sale of Ettore Bugatti’s 1938 Bugatti Type 57C Special Coupe that found its new caretaker at a price of $1,375,000.

Several world records were broken – the 1953 Aston Martin DB 2/4 Drop Head Coupe at $1,650,000, the 1953 Jaguar XK120 SE Roadster at $192,500 and the 1938 Buick Limited Series 80 Opera Brougham at $506,000.

Gooding & Company will be conducting its annual Scottsdale auction on Saturday January 23, 2010 in Scottsdale, Arizona. For more information visit www.Goodingco.com.

About Gooding & Company

Gooding & Company provides unparalleled service for those in the collector car market. At its previous four auctions, Gooding & Company sold a combined total of more than $178+ million in collector automobiles, with 55 vehicles selling for more than $1 million and nine vehicles selling for more than $3 million.

(1) The prices are in US Dollars, include the buyer’s premium and are rounded to the nearest dollar. Gooding & Company is not responsible for typographical errors or omissions.

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