Gooding & Company's 10th Anniversary Pebble Beach Auctions Realizes More Than $112 Million

- 28 new auction records set at Gooding & Company's two-day sale in 2013

PEBBLE BEACH, Calif., Aug. 21, 2013 /PRNewswire/ -- Gooding & Company, official auction house of the Pebble Beach Concours d'Elegance(R) and acclaimed for selling the world's most significant and valuable collector cars, realized more than $112 million at its Pebble Beach Auctions over the weekend. During the two-day sale, Gooding & Company sold 116 of the 127 lots offered, for a 91% sale rate, with an average price per lot of $965,675, and 30 cars sold for over $1,000,000. Top three sales included:

-- 1957 Ferrari 250 GT 14-Louver Berlinetta at $9,460,000, a world record for a Ferrari 250 Tour de France

-- 1997 McLaren F1 at $8,470,000, a world auction for the marque

-- 1937 Bugatti Type 57SC Atalante at $8,745,000, a world auction for a Bugatti

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Top Ten Results

39 1957 Ferrari 250 GT 14-Louver Berlinetta $9,460,000

123 1937 Bugatti Type 57SC Atalante $8,745,000

51 1997 McLaren F1 $8,470,000

143 1955 Ferrari 250 GT Berlinetta Competizione $7,150,000

114 1948 Alfa Romeo 6C 2500 Competizione $4,840,000

119 1966 AAR Gurney-Weslake Eagle Mk 1 $3,740,000

151 1957 Ferrari 500 TRC $3,080,000

149 1967 Ferrari 365 California Spider $2,970,000

134 1929 Bentley Speed Six Grafton Coupe$2,860,000

133 1965 Ferrari 275 GTB Long Nose Alloy $2,585,000

"Our record breaking 10th Anniversary Pebble Beach Auctions boasted a stellar result. Strong results resonated across the board for market leaders such as Bugatti, Ferrari, McLaren and Porsche that clearly demonstrate a growing demand for rare, high level classic cars," says David Gooding, President and founder of Gooding & Company.

To view a complete list of Gooding & Company's 2013 Pebble Beach Auctions results with prices realized, please visit http://www.goodingco.com.

About Gooding & Company

Gooding & Company, internationally celebrated for its world-class automotive auctions, provides unparalleled service in the collector car market, offering a wide range of services including private and estate sales, appraisals, and collection management. Gooding & Company has realized 21 world records and sold $80.6 million in collector cars thus far in 2013. The annual Scottsdale Auctions will take place on January 17 and 18, 2014 and The Amelia Island Auction on March 7, 2014.

SOURCE Gooding & Company