California-based Gooding & Company recently concluded an online auction called ‘Geared Online’ that had cars revered by collectors across the world. The auction house achieved $14,497,443 in this auction, which concluded on August 7.
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Gooding & Company house achieved a 71 per cent sales rate. 55 of the 77 lots were sold, and five vehicles were sold for over $1 million.
The record-breaker was the 1966 Ferrari 275 GTB Long Nose, which was sold for a whopping $3,080,000! Bidding for the car continued until the very last minute and set a record for the most valuable car sold online.
It is surprising that a car that has not been checked or seen in person by a collector, went under the hammer for such a huge amount.
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“Our first-ever online-only sale was a great success for, both, our clients and the company. The demand for quality cars have not faded during such uncertain times, and we are thrilled to provide Geared Online to the world,” David Gooding, President & Founder of Gooding & Company said in a press statement. The next ‘Geared Online’ sale is scheduled in October.
The other four cars that crossed the $1 million mark are:
A timeless American classic, the 1934 Duesenberg Model J Town Car was sold for $1,012,000
The 2003 Ferrari Enzo was sold for $2,354,000
The 1995 Ferrari F50 achieved $2,134,000
This stunning 1992 Ferrari F40 realised $1,628,000
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