"Unlike much art, these are three-dimensional objects.
You can sit in them, touch them. You can fire them up and hear their sounds.
People really get emotional about cars."
-D. Gooding
“The auction process is such a good way to get the maximum
number of people to view your object and to bid the price up, especially for
hard-to-value cars,” says Gooding.
Prior to founding Gooding & Co., Gooding had served
three years as president for RM Auction— an auction house that is now one of
his close-neck competitors. Both auction houses will be featured at Monterey
Car Week this month. Saturday, the 16th should be a heated day as both
companies are scheduled to auction off automobiles. Whereas RM Auction has a
1967 Ferrari 275 GTB/4 NART Spider estimated to be sold between $14 million to
$17 million, Gooding & Co. has 37 cars with pre-sale estimates over $1
million each (with some potentially reaching past $10 million).
Some of the hottest of 160 cars Gooding & Co. will
showcase include a few Bugattis, 22 Ferraris, and 12 Porches. Two of the highest-selling
Porsches to be up for auction are the 1956 Porsche 356 1500 GS Carrera
Speedster ($800,000 - $1,000,000) and the 1964 Porsche 904 Carrera GTS
($1,750,000 - $2,250,000).
Astonished by the success of his company, Gooding remarks,
“Even we are surprised these days by what people are willing to pay for some of
these cars […] The company has exceeded all of my expectations in every way.
It’s just been a wonderful, wild ride."
This year the company celebrates their 10th year anniversary
at Pebble Beach. For its tenth year, things are looking mighty bright. A wild
ride, indeed, is the progress of Gooding’s auction house, as forecasts say
Gooding & Company is yet to reach its peak!
Credits
http://articles.latimes.com/2012/apr/08/business/la-fi-himi-gooding-20120408
http://www.latimes.com/business/autos/la-fi-hy-autos-gooding-pebble-beach-highlights-20130731,0,5054048.photogallery?index=la-fi-hy-autos-milliondollar-highlights-of-the-011
http://www.latimes.com/business/autos/la-fi-hy-autos-gooding-pebble-beach-auction-preview20130801,0,4518205.story
Congratulations, well done in the economic climate we have all been faced with during that time!
ReplyDeleteAbsolutely! There really wasn't much of a struggle for the company even during this recent Great Recession. Further strides continue!
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ReplyDelete