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Amelia Island auctions 2018 round-up

Amelia Island auctions 2018 round-up Classic and Performance Car

Big auctions from Gooding & Company, Bonhams and RM Sotheby’s see continued interest in certain Porsches and top-level pre-war cars


In more recent years the Amelia Island auctions have become a hotbed of significant Porsche sales, and 2018 certainly continued the trend. While the 1974 Porsche 911 RSR Turbo that headlined Gooding & Company’s auction failed to sell against a high bid of $5.4million, other models – particularly those from the 1980s and 1990s – remained strong. 
 

Gooding & Company

 
Gooding & Company

With a number of other expected big hitters failing to sell, Gooding & Company’s ‘barn find’ 1966 Ferrari 275 GTB Long Nose Alloy became the most expensive car of the weekend when it sold for $2,530,000. The auction house actually recorded total sales of $35,937,250, the highest of all five 2018 Amelia auctions – and was up almost $5m from 2017. Significant road-going Porsche sales were topped by a $1,760,000 1993 Porsche 964 Turbo S ‘Leichtbau’ and $1,485,000 1996 Porsche 993 GT2. 
 
The competition car highlights were led by the 1967 Ford GT40 Mk IV, sold for $1,925,000, a 1990 Porsche 962C for $1,595,000 and 1976 Porsche 934, sold for $1,320,000. The modern supercar market continues to perform well, with a 2003 Ferrari Enzo making $2,365,000 and 2015 Porsche 918 Spyder at $1,540,000. Interestingly, these results put five Porsche models in Gooding’s top 10 Amelia sales to just three Ferraris.

Gooding & Company top 10 Amelia sales
 
1966 Ferrari 275 GTB Long Nose Alloy – $2,530,000
2003 Ferrari Enzo – $2,365,000
1967 Ford GT40 Mk IV – $1,925,000
1993 Porsche 964 Turbo S Leichtbau – $1,760,000
1952 Ferrari 212 Europa Cabriolet – $1,600,000
1990 Porsche 962C – $1,595,000
2015 Porsche 918 Spyder – $1,540,000
1996 Porsche 993 GT2 – $1,485,000
1966 Shelby 427 Cobra – $1,457,500
1976 Porsche 934 – $1,320,000
 

RM Sotheby’s


Lamborghini LM002
 
With a significantly smaller single-day sale for 2018, RM Sotheby’s posted sales of $27.7million – an expected drop from 2017’s $70.9m two-day marathon. With a collection consisting exclusively of 11 special 964 variants, RM also went big on Porsche. A sub-7000-mile Porsche 911 Carrera RS 3.8 was the jewel in the crown, making $1,655,000, with a very similar-looking and even lower mileage 1993 Carrera RSR 3.8 attracting a final bid of $1,270,000. 
 
Most expensive car of the auction was the 1966 Ferrari 275 GTB, which at $2,205,000 was bang on its lower estimate. The resilience in popularity for exceptional 1920s and ‘30s cars continued, the most noteworthy of RM’s being a 1931 Marmon Sixteen LeBaron Coupe. Fresh from a top-class restoration by Marmon expert Harry Sherry, it attracted $1,050,000 above an estimate of $700-900,000. Other pre-war machines achieved good prices, perhaps most interesting of which was the 1930 Isotta Fraschini Tipo 8A S Boattail Cabriolet (known as ‘The Grey Goddess’), right on the money for $1,270,000. 
 
It’s not often that you see a winch-equipped off-roader cross the block at an RM auction, especially not one worth $296,500, but that’s exactly what someone paid for the 1991 Lamborghini LM002, a prime example of the company’s first SUV. A last of the line Diablo VT, showing 14 miles on clock, attracted significant interest and final price of $412,000. 
 
RM Sotheby’s top 10 Amelia sales
 
1966 Ferrari 275 GTB – $2,205,000
1993 Porsche 911 Carrera RS 3.8 – $1,655,000
1930 Isotta Fraschini Tipo 8A S Boattail Cabriolet – $1,270,000
1993 Porsche 911 Carrera RSR 3.8 – $1,270,000
1957 Mercedes-Benz 300 SL Roadster – $1,094,000
1956 Mercedes-Benz 300 SL Gullwing – $1,077,500
1931 Marmon Sixteen Coupe – $1,050,000
1930 Duesenberg Model J Imperial Cabriolet – $995,000
1962 Aston Martin DB4 Series IV – $765,000
1960 Ferrari 250 GT Coupe – $720,000
 

Bonhams


Amelia Island auctions 2018 round-up
 
Bonhams returned to Amelia for a fourth year, recording sales of $13.5million. Mirroring the other sales, modern high performance cars headed the pack, with a 2015 McLaren P1 taking the top spot at $1,710,000. At the other end of the spectrum, a 1919 Pierce-Arrow Series 51 4-Passenger Tourer sold for a record $280,000 and a 1936 Horch 853 Roadster sold well at $544,000. 
 
Porsches? Of course. Bonhams offered a particularly special 1959 356A 1600 Carrera GS Coupe, which achieved $632,000. The 1992 911 Turbo 3.3 Coupe and 1989 911 Carrera 3.2 Targa $169,120 – both record prices for their respective models. 

Bonhams top 10 Amelia sales

2015 McLaren P1 – $1,710,000
1959 Porsche 356A Carrera GS Coupe – $632,000
1968 Ferrari 330 GTC – $545,100
1936 Horch 853 Roadster – $544,000
1947 Delahaye 135MS Coupe – $478,000
1933 Rolls-Royce Phantom II Continental – $465,000
2001 Ferrari 550 Barchetta – $450,500
1957 Porsche 356A 1600 Speedster – $445,000
1995 Porsche 911 Carrera RS – $368,000
1992 Porsche 911 Turbo 3.3 – $343,800

Porsche 964 Classifieds

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