Bradley Brownell

8 years ago

Categories: For Sale

2016 Porsche Amelia Island Auction Results

After a slow start in Arizona, and a lackluster auction weekend in Paris, the Porsche market bounced back to provide lots to get excited about in Florida this weekend. Outside of the Jerry Seinfeld Collection, which deserves applause in and of itself, there were plenty of other great and exciting lots, from race cars to brand new street cars, vintage lots of all kinds. Some lots inspired bidding to soar sky-high, and other lots ended much earlier than they probably should have. Some buyers got some bargains, and some sellers were wowed with their final hammer earnings. In all, this weekend shows promise for a great auction summer season moving into Monaco and Monterey. There is literally something for everyone these days, so get out there and get to bidding!

Gooding & Co. Porsche Auction Results

The Seinfeld Collection – A few notes about the infamous Seinfeld Lots
- I was completely blown away that the 917/30 didn’t sell for much higher. Jerry paid $4.4 million for this Porsche four years ago, and only managed to get $3 million. The bidding stopped at $2.8 million, which was below the car’s reserve. Gooding reports having sold the car after the auction, however, in a private deal.
- Another bargain of the century was Lot 048, the RSK, which sold for a couple of million dollars less than I expected it to. It’s hard to call a $2.8 million dollar car a ‘bargain’, but in this case it is justified. Considering that this was one of the major cars of Roger Penske’s career, I’m surprised it didn’t go for more.
- The IROC RSR sold for well over the pre-auction estimate. There are only a few of these still around, and I don’t believe any of them are in quite this condition. For a car with so much history, though, the bidding was well deserved. At a touch over $2 million dollars, this has to be one of the most expensive collector 911s ever sold.
- I think the GS/GT Speedster might have been a relative bargain as well. I fully expected that car to exceed $2 million. I hope the new owner enjoys it.
- I have not stopped drooling since I first saw that 550 Spyder. I wish I were its new owner. Gorgeous piece of history, that one.
The fact that my two favorite Porsches at this auction, the 908 Coupe and the 911 ST, ended without a realized sale made me a little bit sad. These two cars deserved some attention, and either one of them could have made an excellent vintage racer for some enthusiast to wring every last rev out of. With a couple spare million in my account, that enthusiast might have been me.

Total Porsches Sold: 24

Total Porsche Dollar Value: $24,456,250

Total Seinfeld Collection Dollar Value: $22,024,500

Lot 006 – 1996 Porsche 911 (993) Carrera 4S

Pre Auction – Est. $140,000 – 180,000 – Realized – $156,750

Lot 009 – 1966 Porsche 912

Pre Auction – Est. $60,000 – 80,000 – Realized – $66,000

Lot 015 – 1979 Porsche 911 Turbo 3.3L

Pre Auction – Est. $240,000 – 280,000 – Realized – $200,750

Lot 019 – 1963 Porsche 356B Cabriolet

Pre Auction – Est. $175,000 – 225,000 – Realized – $187,000

Lot 024 – 2005 Porsche Carrera GT

Pre Auction – No Estimate Provided – Realized – No Sale

Lot 027 – 1994 Porsche 911 (964) Turbo 3.6L

Pre Auction – Est. $275,000 – 325,000 – Realized – No Sale

Lot 031 – 1966 Porsche 911

Pre Auction – Est. $200,000 – 300,000 – Realized – $275,000

Lot 032 – 2011 Porsche 911 (997) Speedster

Pre Auction – Est. $300,000 – 400,000 – Realized – $440,000

Lot 034 – 1955 Porsche 550 Spyder

Pre Auction – Est. $5,000,000 – 6,000,000 – Realized – $5,335,000

Lot 035 – 1957 Porsche 356A Speedster

Pre Auction – Est. $500,000 – 600,000 – Realized – $682,000

Lot 036 – 1974 Porsche 911 Carrera 3.0 RSR IROC “Revson”

Pre Auction – Est. $1,200,000 – 1,500,000 – Realized – $2,310,000

Lot 037 – 1989 Porsche 911 Carrera Speedster

Pre Auction – Est. $250,000 – 325,000 – Realized – $363,000

Lot 039 – 1990 Porsche 962C

Pre Auction – Est. $1,500,000 – 2,000,000 – Realized – $1,650,000

Lot 039 – 1963 Porsche 356B 2000 GS/GT Carrera 2 Coupe

Pre Auction – Est. $1,000,000 – 1,400,000 – Realized – $825,000

Lot 040 – 2000 Porsche Carrera GT Prototype

Pre Auction – Est. $1,500,000 – 2,250,000 – Realized – No Sale

Lot 041 – 1997 Porsche 911 (993) Cup 3.8L RSR

Pre Auction – Est. $1,200,000 – 1,500,000 – Realized – $935,000

Lot 042 – 1958 Porsche 597 Jagdwagen

Pre Auction – Est. $350,000 – 425,000 – Realized – $330,000

Lot 043 – 2012 Porsche 911 (997) GT3 Cup 4.0 Brumos Commemorative Edition

Pre Auction – Est. $300,000 – 500,000 – Realized – $462,000

Lot 044 – 1973 Porsche 917/30 Can-Am Spyder

Pre Auction – Est. $5,000,000 – 7,000,000 – Realized – No Sale At Hammer ($2,800,000 bid). Sold After Auction For a reported $3,000,000 in private sale.

Lot 045 – 1994 Porsche 911 (964) Turbo 3.6L S Flachbau

Pre Auction – Est. $1,000,000 – 1,300,000 – Realized – $1,017,500

Lot 046 – 1958 Porsche 356A 1500 Carrera GS/GT Speedster

Pre Auction – Est. $2,000,000 – 2,500,000 – Realized – $1,540,000

Lot 048 – 1959 Porsche 718 RSK

Pre Auction – Est. $3,800,000 – 4,200,000 – Realized – $2,860,000

Lot 053 – 1970 Porsche 911T 2.2L Coupe

Pre Auction – Est. $135,000 – 175,000 – Realized – $165,000

Lot 056 – 1988 Porsche 959 Komfort

Pre Auction – Est. $1,300,000 – 1,600,000 – Realized – No Sale At Hammer. Sold After Auction For a reported $1,120,000.

Lot 059 – 1989 Porsche 911 Turbo 3.3L Coupe

Pre Auction – Est. $140,000 – 180,000 – Realized – $129,250

Lot 066 – 1970 Porsche 911 ST 2.3L

Pre Auction – Est. $1,100,000 – 1,400,000 – Realized – No Sale

Lot 072 – 1973 Porsche 911S 2.4L Targa

Pre Auction – Est. $170,000 – 220,000 – Realized – $198,000

Lot 075 – 1968 Porsche 908 Coupe

Pre Auction – Est. $3,000,000 – 3,300,000 – Realized – No Sale

Lot 081 – 1989 Porsche 911 Carrera Speedster

Pre Auction – Est. $220,000 – 250,000 – Realized – $209,000

BONHAMS

Some might have been surprised by seeing a six-figure 928 at a prestige auction, but for those of us who have been keeping a keen eye on 928 GTS values for the last 5-years or so, this shows a high watermark, but is hardly surprising. A nice low-mile car like this one should never be overlooked. Excellent car, and an excellent buy for the new owner.

I’m not sure what is happening with Carrera GT sales lately, but this one seemed strange. Bonhams (like Gooding) failed to provide a pre-auction estimate, and I can’t say that I’ve ever seen that before. The Bonhams car had a scary sentence fragment at the bottom of their listing however that would strike fear in the hearts of anyone who has ever dealt with Craigslist buys or even eBay on occasion; “Title in transit”. Might that be part of what had bidders looking elsewhere for their mid-2000s Analog Supercar?

I’m not sure if the “Andre Agassi” celebrity factored into the final sale price of his old 1989 Slant-nose 930 Cabriolet, but that was an excellent sale price for that car. I hope the new owner puts the car’s original Fuchs wheels back on, though.

Total Porsches Sold: 4

Total Porsche Dollar Value: $589,600

Lot 136 – 1989 Porsche 911 Turbo 3.3L ‘Slant-nose’ Cabriolet

Pre Auction – Est. $175,000 – 250,000 – Realized – $181,500

Lot 138 – 1967 Porsche 911S 2.0L Coupe

Pre Auction – Est. $140,000 – 180,000 – Realized – $126,500

Lot 150 – 1994 Porsche 928 GTS

Pre Auction – Est. $75,000 – 100,000 – Realized – $132,000

Lot 171 – 1963 Porsche 356B Super 90 Cabriolet

Pre Auction – Est. $140,000 – 160,000 – Realized – $149,600

Lot 191 – 2005 Porsche Carrera GT

Pre Auction – No Estimate Provided – Realized – No Sale

RM SOTHEBY’S

The RM Auction was an interesting display of Porsche 930 Oversaturation. There were a whole lot of 911 Turbos in Amelia Island to be sold this weekend, and RM had a whopping three of them in just 9 Porsche lots. The first two across the dais did alright, with an early 3 liter car selling for a little below market, and a final-year 3.3 coupe selling for decently above the market. The third, however, was a non-starter and failed to sell. It would seem that the people who wanted a 911 Turbo on Saturday bought one.

I also found it supremely interesting that the 1960 356 Super 90 Cabriolet sold for more money than the 1960 356 Super 90 Roadster, even though the Roadster is far more rare and desirable. While I haven’t seen these cars in person, I can only speculate that condition may have been a factor, but I still would have expected the Roadster to do better than it did. Whoever bought that car got a supreme bargain.

Total Porsches Sold: 8

Total Porsche Dollar Value: $2,612,000

Lot 106 – 1964 Porsche 356 SC Sunroof Coupe

Pre Auction – Est. $140,000 – 180,000 – Realized – $121,000

Lot 126 – 1976 Porsche 911 Carrera Turbo 3.0L

Pre Auction – Est. $275,000 – 350,000 – Realized – $225,000

Lot 133 – 1997 Porsche 911 (993) Turbo S

Pre Auction – Est. $400,000 – 475,000 – Realized – $495,000

Lot 142 – 1988 Porsche 911 Turbo 3.3L ‘Slant-nose’ Cabriolet

Pre Auction – Est. $225,000 – 275,000 – Realized – $330,000

Lot 149 – 1989 Porsche 911 Turbo 3.3L Coupe

Pre Auction – Est. $240,000 – 280,000 – Realized – $308,000

Lot 153 – 2005 Porsche Carrera GT

Pre Auction – Est. $750,000 – 850,000 – Realized – $715,000

Lot 156 – 1960 Porsche 356B Cabriolet 1600 Super

Pre Auction – Est. $200,000 – 250,000 – Realized – $242,000

Lot 186 – 1979 Porsche 911 Turbo 3.3L

Pre Auction – Est. $300,000 – 375,000 – Realized – No Sale

Lot 191 – 1960 Porsche 356B Super 90 Roadster

Pre Auction – Est. $180,000 – 220,000 – Realized – $176,000

HOLLYWOOD WHEELS

Hollywood Wheels have not yet released their auction results. Check back soon for more.

Total Porsches Sold: Coming Soon

Total Porsche Dollar Value: Coming Soon

Lot 113 – 1959 Porsche 356 Convertible D “Outlaw”

Pre Auction – Est. $125,000 – 150,000 – Realized – Coming Soon

Lot 138 – 1976 Porsche 911 ‘Turbo 935-Spec Conversion By DP Motorsport/Kremer Racing’

Pre Auction – Est. $350,000 – 400,000 – Realized – Coming Soon

Lot 139 – 1967 Porsche European 911S 2.0L Race-prepared

Pre Auction – Est. $175,000 – 225,000 – Realized – Coming Soon

Lot 101 – 1984 Porsche 944

Pre Auction – Est. $25,000 – 30,000 – Realized – Coming Soon

Lot 103 – 1995 Porsche 911 (993) Carrera 2 Cabriolet

Pre Auction – Est. $85,000 – 110,000 – Realized – Coming Soon

Lot 104 – 1973 Porsche 914-4 2.0L

Pre Auction – Est. $20,000 – 25,000 – Realized – Coming Soon

Lot 106 – 1971 Porsche 911 Carrera RS “lightweight” Clone

Pre Auction – Est. $75,000 – 100,000 – Realized – Coming Soon

Lot 107 – 1989 Porsche 911 (964) Carrera 4

Pre Auction – Est. $35,000 – 45,000 – Realized – Coming Soon

Lot 109 – 1991 Porsche 911 (964) Carrera 2 Cabriolet

Pre Auction – Est. $35,000 – 45,000 – Realized – Coming Soon

Lot 110 – 1965 Porsche 356C Coupe

Pre Auction – Est. $65,000 – 85,000 – Realized – Coming Soon

Lot 112 – 1961 Porsche 356B Coupe (Est. $75,000 – 100,000)