Gooding & Company Posts a 96% Sell-Through at Friday Auction in Scottsdale

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Scottsdale, Arizona (January 22, 2010) – Gooding & Company, the internationally-recognized auction house, sold a total of 50 out of 52 lots earlier today, collectively earning nearly $15 Million in sales from its first Friday auction in Scottsdale, Arizona. In addition to the top-selling 1956 Jaguar D-Type, two other cars crossed the million dollar mark at Gooding & Company today: (Lot 9) the 1934 Duesenberg Model J Disappearing-Top Convertible Coupe that sold for $1.815 Million, and (Lot 23) the 1959 Costin Lister Jaguar Sports Racer that sold for a world record-breaking $1.1 Million.

“We had an outstanding day with a remarkably high percentage sold at 94%,” said David Gooding, president and founder of Gooding & Company. “In addition to the outstanding $3.74 Million final sale price of the 1956 Jaguar D-Type, we are thrilled to beat a world record with the $1.1 Million sale of the 1959 Costin Lister Jaguar Sports Racer.”

On a philanthropic note, Gooding & Company made a significant donation to the International Response Fund of the American Red Cross this week to benefit the relief efforts in Haiti and also partnered with the local Grand Canyon chapter by setting up a successful donation center at the auction site during its Friday Auction.

Gooding & Company’s top five sales are listed as follows: (Lot 16) the 1956 Jaguar D-Type Sports Racer for $3.74 Million, (Lot 9) the 1934 Duesenberg Model J Disappearing Top Convertible Coupe for $1.815 Million, (Lot 23) the 1959 Costin Lister Jaguar Sports Racer for $1.1 Million, (Lot 39) the 1927 Bentley 6 1/2-Litre Sport Coupe that sold for $726,000, and (Lot 45) the 1948 Cadillac Series 62 Custom Cabriolet that sold for $649,000. Another noteworthy car was the exceptional sale of (Lot 10) the 1967 Maserati Mexico Speciale that sold for $187,000.

For more information, visit www.goodingco.com.