Gooding & Company

Last updated
Gooding & Company
IndustryAuctioneering
Founded2003;21 years ago (2003)
Santa Monica, California, U.S.
FounderDavid Gooding
HeadquartersSanta Monica, California, U.S.
Key people
David Gooding ( President )
ProductsAutomobiles
ServicesAuctioneering, appraisals, private sales, estate planning, financial services
Website Goodingco.com

Gooding & Company is a classic car auction company headquartered in Santa Monica, California. Incorporated in 2003, the company holds multiple all-time records for the most expensive cars sold in auction. [1] The company also provides private treaty sales, estate planning, and appraisals. Since 2004, Gooding & Company has been the official auction house of the Pebble Beach Concours d'Elegance. [2] The global auction house also hosts its London Auction as the official auction partner of the Concours of Elegance at Hampton Court Palace since 2021. Additional auctions are held each year in Amelia Island, Florida. At the present, the auction house holds the world record prices at auction for 12 automotive marques, including Duesenberg, Porsche, Ferrari, Bugatti, McLaren, and RUF.

Contents

History

David Gooding began Gooding & Company in 2003, after serving as managing director of the International Motor Sports department at Christie’s and President of RM Auctions. [3] The company held its inaugural sale at Pebble Beach in 2004. [4] Gooding & Company serves as the official auction house of the Pebble Beach Concours d'Elegance; the weekend’s auctions are pivotal to the global collector car market, revealing trends in pricing and taste. [5] Since its inception, the company has broken numerous world records for cars at auction. [6]

Notable Sales

Related Research Articles

<span class="mw-page-title-main">Duesenberg</span> American engine and automobile manufacturer

Duesenberg Automobile & Motors Company, Inc. was an American racing and luxury automobile manufacturer founded in Indianapolis, Indiana, by brothers Fred and August Duesenberg in 1920. The company is known for popularizing the straight-eight engine and four-wheel hydraulic brakes. A Duesenberg car was the first American car to win a Grand Prix race, winning the 1921 French Grand Prix. Duesenbergs won the Indianapolis 500 in 1922, 1924, 1925 and 1927. Transportation executive Errett Lobban Cord acquired the Duesenberg corporation in 1926. The company was sold and dissolved in 1937.

<span class="mw-page-title-main">Carrozzeria Touring Superleggera</span> Italian automobile coachbuilder

Carrozzeria Touring Superleggera is an Italian automobile coachbuilder. Originally established in Milan in 1925, Carrozzeria Touring became well known for both the beauty of its designs and patented superleggera construction methods. The business folded in 1966. In 2006 its brands and trademarks were purchased and a new firm was established nearby to provide automotive design, engineering, coachbuilding, homologation services, non-automotive industrial design, and restoration of historic vehicles.

<span class="mw-page-title-main">Pebble Beach Concours d'Elegance</span> Annual classic automobile show held in Pebble Beach, California

The Pebble Beach Concours d'Elegance is an annual automotive event held on the Pebble Beach Golf Links in Pebble Beach, California. It is widely considered the most prestigious car show in the world and it is the pinnacle Concours d'Elegance competition worldwide.

<span class="mw-page-title-main">Avions Voisin</span> French automobile manufacturer

Avions Voisin was a French luxury automobile brand established by Gabriel Voisin in 1919 which traded until 1939.

RM Sotheby's is a collector car auction company headquartered in Blenheim, Ontario, Canada, with offices across the United States, Europe, and the Middle East. The company specializes in the sale of classic, vintage, sports, and exotic cars, and is responsible for the sale of seven of the top ten most expensive cars ever sold at auction. Included in this is the sale of the 1955 Mercedes-Benz 300 SLR 'Uhlenhaut Coupé', sold for 135 million Euros in May 2022, the most expensive car ever sold and one of the most valuable objects ever sold at auction. The previous record for the most expensive car at auction, a 1962 Ferrari 250 GTO, had also been sold by RM Sotheby’s, at their 2018 Monterey auction. RM Sotheby’s services include auctions, private treaty sales, financial services, valuations, and estate planning, and they have been partly owned by Sotheby's, a global auction house dealing in fine art, since 2015.

<span class="mw-page-title-main">La Marquise</span> Worlds oldest running automobile

La Marquise is the world's oldest running automobile, as of 2011. It is an 1884 model made by Frenchmen De Dion, Bouton and Trépardoux. The car was a quadricycle prototype named for de Dion's mother.

<span class="mw-page-title-main">Amelia Island Concours d'Elegance</span> Automobile show of classic and sports cars

The Amelia Island Concours d'Elegance is an automotive charitable event held each year during the second weekend in March at The Ritz-Carlton Amelia Island in Amelia Island, Florida. A New York Times article about celebrity car ownership listed "the nation's top concours d'elegance: Pebble Beach in California, Meadow Brook in Michigan, Amelia Island in Florida, and the Louis Vuitton Classic in midtown Manhattan."

The Dana Point Concours d'Elegance is an automotive charitable event held each year on the Monarch Beach Golf Links at the Monarch Beach Resort Resort in Dana Point, California. It is operated primarily as a Classic Car Club of America (CCCA) Concours, with additional classes showcasing interesting and relevant automobiles and motorcycles. The 2010 event was held Sunday, June 27, 2010 moving from its traditional date in September.

Figoni et Falaschi is a French luxury brand and coachbuilder firm which was active from 1935 through to the 1950s. The designs were created by Giuseppe Figoni, while his partner Ovidio Falaschi ran the business.

<span class="mw-page-title-main">Duesenberg Model J</span> Motor vehicle

The Duesenberg Model J is a luxury automobile made by Duesenberg. Intended to compete with the most luxurious and powerful cars in the world, it was introduced in 1928, the year before the stock market crash that led to the Great Depression. The Model J, available with a supercharger after 1932, was sold until Duesenberg Motors Company went bankrupt in 1937.

Monterey Car Week is a week in August in which a number of car-related events are held in and around Monterey, California.

<span class="mw-page-title-main">Nethercutt Collection</span> Private car collection in Los Angeles, California

TheNethercutt Collection is a multi-storied museum and car collection complex located in Sylmar, California. It was founded by J.B. Nethercutt in 1971 and its centerpiece is the prestigious automobile collection of the Nethercutt-Richards family that contains over 250 cars, nearly all of which J.B. originally collected and owned. It is widely regarded as one of the greatest car museums in the world.§

<span class="mw-page-title-main">Greenwich Concours d'Elégance</span>

The Greenwich Concours d'Elegance is an annual event in June that has been held since 1996 in Greenwich, Connecticut. The event is a Concours d'Elegance that features classic American and European vintage cars that are entered in a judging competition. The event includes classic car parades over 3 days. The event often includes American muscle cars, very early American cars, luxury cars of all years, and rare European cars.

<span class="mw-page-title-main">J.B. Nethercutt</span> American businessman (1913–2004)

Jack Boison Nethercutt was an American entrepreneur and car collector. He was the founder and namesake of the Nethercutt Collection, which he is considered a pioneer of car collecting and the greatest car restorer of all time.

The Nethercutt-Richards family is a prominent American family in the fields of business and cars. The family originated from the Midwestern U.S. in the 19th century and made their fortune primarily from the cosmetics industry in the early 20th century.

<span class="mw-page-title-main">Las Vegas Concours d'Elegance</span> Automotive elegance contest and car show in Las Vegas, Nevada, US

The Las Vegas Concours d'Elegance is an automotive Concours d'Elegance event and car show held annually at the Wynn Resort in Las Vegas, Nevada.

<span class="mw-page-title-main">Twenty Grand (Duesenberg)</span> Motor vehicle

The Twenty Grand is the name given to the one-off custom 1933 Rollston Arlington Torpedo-bodied Duesenberg SJ ultra-luxury sedan. The design's initial price tag of an astronomical US$20,000 during the height of the Great Depression infamously gave it its nickname of Twenty Grand. It is widely considered to be the most beautiful Duesenberg ever built and the pioneer of the ultra-luxury car, making it one of the most valuable cars in the world at over $40 million dollars.

<span class="mw-page-title-main">Bugatti Type 51 Dubos</span> Motor vehicle

The Bugatti Type 51 Dubos Coupe is a one-off automobile originally built by Bugatti in 1931 as an open-top Bugatti Type 51 race car that was driven by legendary racer Louis Chiron, and then modified by Louis Dubos to be a luxury road coupe. It is one of the most valuable cars in the world, estimated at around $20 million dollars as of 2023.

References

  1. “Around the block”. (March/April 2012). Sophisticated Living, p. 50.
  2. de Burton, Simon (August 8, 2009). “Classic cars in pole position”. Financial Times.
  3. Stiny, Andy (August 14, 2013). “More than just talk”. Monterey Herald.
  4. Hirsch, Jerry (April 8, 2012). “David Gooding is a whiz at selling classic cars”. Los Angeles Times. Retrieved from: .
  5. Elliott, Hanna (October, 2011). “At Pebble Beach: Auto auction off the charts”. Forbes Magazine, p. 81.
  6. “Power 100: Auction power”. (December, 2013). Art+Auction.
  7. "MSN". www.msn.com. Retrieved 2023-08-10.
  8. Peek, Jeff (2021-12-16). "Year in Review: The 10 most expensive auction sales of 2021". Hagerty Media. Retrieved 2023-08-10.
  9. Bugatti van koning Leopold III geveild voor recordbedrag
  10. O'Connell, Ian (2018-08-27). "1935 Duesenberg SSJ Sells for $22M, Breaks Record at Auction". The Drive. Retrieved 2023-08-10.
  11. Lubove, Seth (October, 2010). “Classic obsession”. Bloomberg Markets, p. 91.