Amelia Island Auctions Hit Record $126m Total


Preliminary sales totals out of Amelia Island sit at a record $126m — up 24% from last year’s $102,044,750* — and that figure is sure to swell over the coming days as additional sales are announced.

Selections from The Jerry Seinfeld Collection earned a combined $22,244,500 at Gooding & Company, and a 1961 Ferrari 250 GT SWB California Spyder (pictured) was the most expensive lot of the week at $17,160,000. In all, 69 of 79 Gooding lots sold (87%) for $60,162,150 total. That is an increase of 123% over last year’s $26,967,150.

Sales totaled $38,577,000 at RM Sotheby’s, down 36% from $60,122,000 last year. The top lot was a 1962 Ferrari 400 Superamerica LWB Aerodinamico coupe, sold at $4,400,000. RM Sotheby’s sold 82 out of 93 lots (88%).

Bonhams reported sales totals of nearly $27.5m, up 84% from 2015’s $14,955,000 total. A 1937 Bugatti 57SC Sports Tourer by Vanden Plas was the top lot at $9,735,000.

*For comparison purposes, the 2015 total includes only Gooding & Company, RM Sotheby’s and Bonhams. Hollywood Wheels and Motostalgia have not yet released results, but the next issue of Sports Car Market will feature full coverage of all five Amelia Island auctions.

Tony Piff

SCM Auctions Editor and Photographer

Tony has long trumpeted the virtues of collecting Japanese cars. His daily driver is a 1970 Toyota Hilux — the one with the turn signals on top of the fenders. His popular “Rising Sun” column keeps a pulse on the J-tin market.

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  1. Wow. Gooding and Bonham’s up magnificently and RM dumped 36%! Hmm. I love that Gooding is transparent, and brave enough, to show their pre-sale estimates next to the actual sale prices. The results speak for themselves, I guess.

  2. Nice, positive, summary of the auctions but no comparison is made of the “no sales/withdrawns”, which increased notably over 2015.
    With almost the exact same number of cars for sale at RM, Gooding and Bonhams both years (272 in 2015 and 271 in 2016), 2016 showed 66 no sales the days of the auctions (nearly 25% of cars offered) compared to 38 no sales in 2015 (14%). As of today there are still 59 no sales/withdrawns for 2016 (about 22%).
    The totals were 35 at Bonhams, 16 at Gooding and 15 at RM the days of the auctions.
    Sales within the ranges, below the ranges and above the ranges were all within 2 or 3% year over year.
    All these sales are very hard to compare year over year, obviously, due to different cars, condition of the cars, etc.
    but it sure feels as if the market has softened, especially if you look more deeply into specific cars like the MB300SL’s, Dino’s, Daytona Coupes and Toyota 2000’s which all seem to be off 15 to 20% or more in the last year and a half.