The 2017 auction season kicks off this year in Scottsdale and like most, I’m unsure what to expect. At the end of 2016 it seemed like the market for everything air-cooled was, at best, stalling. Then, everything changed with RM Sotheby’s Duemila Ruote auction results. Were those results just a flash in the pan or were they indicative of a broader market sentiment? It’s hard to say, but we’ll know soon enough when the first Porsche crosses the dias next week.
Bonhams
Of the 11 Porsches on offer at Bonhams in Scottsdale this year, 5 of them are offered with no reserve. The other six seem to have reasonable estimates so its possible we’ll see all 11 fall under the hammer. Besides the 904 and 914 mentioned below, two other Porsches of note are the 918 Spyder (we’re interested to see if premiums for Porsche’s latest supercar will continue to rise) as well as a 1987 Porsche 944 S. The 944 interests us simply because it’s the first time we’ve noticed a 944 popping up in what would otherwise be considered a “collectors” auction. This particular 944, while only showing 15,000 miles and presumably in “collector” condition, just simply isn’t the same caliber of Porsche we’re used to seeing at Bonhams. Is it an indication of where the market is heading or are they looking to have offerings at all price levels?
Time and Location: SCOTTSDALE, ARIZONA | The Westin Kierland Resort & Spa | 19 JANUARY 2017
Lot 88 – 1964 Porsche 904 GTS For Sale (Est. $2,000,000 – $2,500,000)
Chassis: 904-098 Engine: 99090
This ’64 904 is interesting for a number of reasons:
- Very few overall owners
- One owner for the past 28 years
- Seemingly very little actual use but still has a brief race provenance
- Original 4-cam engine was sold at one point and then reunited with the car during a later restoration
- Retains its original interior but the exterior has been repainted in a non-original color
We’ll watch the bidding on this 904 closely. It has all the hallmarks of being a “blue chip” offering, but there’s enough of a “story” with the car that as a buyer you’ll want to do considerable due diligence.
Lot 35 – 1970 Porsche 914-6 (Est. $65,000 – 85,000)
Chassis: 9140431518 Engine: 6404970
Completed at Porsche in April 1970, this 914-6 Targa was finished in Canary Yellow over a black leatherette interior. The powerful six-cylinder Porsche was prepared for the US market, and equipped with fog lights, a leather wrapped steering wheel, a center arm rest and chrome disk wheels wearing Pirelli tires.
This 914-6 is said to present in very original condition with a largely original interior, and an exterior believed to have had just one repaint. Listed in the 914 Registry, it has been noted in the past that the odometer reading of less than 27,000 miles is in fact original. Fitted with Fuchs wheels, this 914-6 retains its matching numbers, six-cylinder engine, and is offered with the Porsche-issued Certificate of Authenticity.
Other Bonhams Porsche Lots For Sale
Lot 4 – 1977 Porsche 911 Carrera 3.0 Coupe (Est. US$ 100,000 – 150,000 no reserve)
Lot 23 – 1966 Porsche 911 2.0 Coupe (Est. US$ 170,000 210,000 no reserve)
Lot 27 – 1956 Porsche 356A 1600 Speedster (Est. US$ 425,000 – 525,000)
Lot 35 – 1970 Porsche 914-6 (Est. US$ 65,000 – 85,000 no reserve)
Lot 36- 2015 Porsche 918 Spyder (Est. US$ 1,300,000 – 1,500,000)
Lot 47 – 1953 Porsche 356 Pre-A Cabriolet (Est. US$ 225,000 – 300,000)
Lot 61 – 1960 Porsche 356B 1600 Cariolet (Est. US$ 150,000 – 175,000)
Lot 73 – 1979 Porsche 930 3.3 Turbo Coupe (Est. US$ 130,000 – 160,000 no reserve)
Lot 88 – 1964 Porsche 904 GTS (Est. US$ 2,000,000 – 2,500,000)
Lot 94 – 1987 Porsche 944 S Coupe (Est. US$ 30,000 – 40,000 no reserve)
Lot 98 – 1961 Porsche 356 Outlaw Coupe with Coachwork by Reutter (Est. US$ 90,000 – 120,000)
View the entire Porsche Catalog
Gooding & Company
Gooding has on offer 23 Porsches this year including a 993 GT2, a 959 Komfort, a 993 Turbo S and a Carrera GT. Of particular interest is the fact that 17 of the 23 Porsches offered for sale by Gooding in Scottsdale are being sold without reserve. Given the inventory on hand, this should make for a fairly exciting show.
Time and Location: SCOTTSDALE, ARIZONA | Scottsdale Fashion Square | 19-20 JANUARY 2017
Lot 011 – 1997 Porsche 911 (993) Turbo S (Est. $400,000 – 500,000)
Last year, Gooding sold an Ocean Blue Turbo S with 22,000 miles on the odometer for $484,000. The black over Cashmere example for sale this year in Scottsdale has yet to see 10,000 miles. With just 3 owners and what is said to be meticulous care, it’s not out of the realm of possibility that this 993 could set a record for the Turbo S market. It will really depend on who’s in the room and which way the market seems to be heading, but I’d look at this car as a bellwether for the overall condition of the 993 market.
Lot 156 – 2005 Porsche Carrera GT (Est. $650,000 – 750,000)
There were only 1270 Carrera GT (Type 980) built between 2004 and 2007, and only 644 of those made their way stateside. Last year, at this same auction, a CGT with just 458 miles sold for $984,000. The CGT for sale this year, a five owner example, has a few more miles than that with just over 5,000 on the odometer. Still that’s hardly broken in. With a low estimate of $650k and a high of $750k its easy to speculate that this CGT will sell for more. Between the no reserves and low estimates, it seems like Gooding is hoping to find at least two bidders in the room interested in each Porsche willing to do battle and drive prices higher.
Other Gooding & Co. Porsche Lots For Sale
Lot 007 – 1989 Porsche 911 Carrera Cabriolet (Est. US$ 60,000 – 80,000 no reserve)
Lot 011 – 1979 Porsche 930 (Est. US$ 180,000 – 220,000 no reserve)
Lot 017 – 1961 Porsche 356 B Coupe (Est. US$ 90,000 – 110,000 no reserve)
Lot 025 – 1973 Porsche 911 2.4 S (Est. US$ 200,000 – 250,000 no reserve)
Lot 035 – 1975 Porsche 911 Carrera 2.7 (Est. US$ 120,000 – 150,000 no reserve)
Lot 042 – 1988 Porsche 959 Komfort (Est. US$ 1,100,000 – 1,300,000)
Lot 043 – 1965 Porsche 356 SC Cabriolet (Est. US$ 225,000 – 275,000 no reserve)
Lot 054 – 2011 Porsche 997 GT3 RS 3.8 (Est. US$ 225,000 – 275,000 no reserve)
Lot 057 – 1973 Porsche 911 2.4 S Targa (Est. US$ 250,000 – 325,000)
Lot 060 – 1989 Porsche 930 Cariolet (Est. US$ 125,000 – 150,000 no reserve)
Lot 062 – 1958 Porsche 356 A Super Speedster (Est. US$ 200,000 – 275,000 no reserve)
Lot 107 – 1967 Porsche 912 (Est. US$ 60,000 – 80,000 no reserve)
Lot 109 – 1989 Porsche 911 Carrera (Est. US$ 90,000 – 120,000 no reserve)
Lot 113 – 1979 Porsche 930 (Est. US$ 140,000 – 180,000 no reserve)
Lot 116 – 1973 Porsche 911 2.4 T (Est. US$ 150,000 – 180,000 no reserve)
Lot 122 – 1976 Porsche 911 2.7 S Signature Edition (Est. US$ 120,000 – 140,000 no reserve)
Lot 135 – 1971 Porsche 911 2.2 E Targa (Est. US$ 175,000 – 225,000 no reserve)
Lot 140 – 1996 Porsche 993 GT2 (Est. US$ 1,300,000 – 1,600,000)
Lot 145 – 2011 Porsche 997 Speedster (Est. US$ 275,000 – 325,000 no reserve)
Lot 149 – 1970 Porsche 914-6 (Est. US$ 80,000 – 100,00 no reserve)
Lot 150 – 1997 Porsche 993 Turbo S (Est. US$ 400,000 – 500,000)
Lot 156 – 2005 Porsche Carrera GT (Est. US$ 650,000 – 750,000)
Lot 158 – 1958 Porsche 356 A Speedster (Est. US$ 400,000 – $500,000)
RM Sotheby’s
RM Sotheby’s may only have 13 Porsches for sale as compared to Gooding’s 23. However, what they lack in quantity they more than make up for in quality. As if a mirror image to Gooding, RM Sotheby’s also has on offer a Carrera GT, a 959 Komfort, a 993 Turbo S and 993 GT2. Buyers in the mood for any of these cars will have some serious decisions to make as offerings and price estimates are very similar. Check out RM Sotheby’s entire Porsche catalog for details on each car.
Time and Location: PHOENIX, ARIZONA | Held during the Arizona Concours d’Elegance | 19-20 JANUARY 2017
Other RM Sotheby’s Porsche Lots For Sale
Lot 145 – 1958 Porsche 356 A 1600 S Cabriolet by Reutter (Est. US$ 180,000 – 240,000 no reserve)
Lot 124 – 1955 Porsche 356 A 1600 Speedster by Reutter (Est. US$ 275,000 – 325,000 no reserve)
Lot 229 – 1957 1957 Porsche 356 A 1600 Speedster by Reutter (Est. US$ 340,000 – 380,000)
Lot 11 – 1965 Porsche 356 C 1600 C Cabriolet by Reutter (Est. US$ 125,000 – 150,000 no reserve)
Lot 119 – 2016 Porsche 911 Carrera GTS Rennsport Reunion Edition (Est. US$ 250,000 – 300,000)
Lot 136 – 1993 Porsche 911 Carrera RS America (Est. US$ 150,000 – 200,000 no reserve)
Lot 218 – 1996 Porsche 911 GT2 (Est. US$ 1,100,000 – 1,500,000)
Lot 144 – 2011 Porsche 911 GT2 RS (Est. US$ 450,000 – 500,000)
Lot 125 – 2011 Porsche 911 GT3 RS (Est. US$ 225,000 – 275,000)
Lot 212 – 1989 Porsche 911 Turbo ‘Flat Nose’ Cabriolet (Est. US$ 225,000 – 275,000)
Lot 215 – 1997 Porsche 911 Turbo S (Est. US$ 425,000 – 500,000)
Lot 226 – 1987 Porsche 959 ‘Komfort’ (Est. US$ 900,000 – 1,200,000)
Lot 133 – 2005 Porsche Carrera GT (Est. US$ 650,000 – 750,000)
Russo & Steele
Russo & Steele has been coming on strong in past years with their Porsche offerings and this year is no different. The cars on consignment here are more “everyday” Porsches if you will. Still overwhelmingly air-cooled, the Russo & Steele offerings feature everything from a 356 A T2 Sunroof Coupe to a 911 S Strosek Edition Cabriolet. Unfortunately, Russo & Steel does not have estimates published at this time.
Time and Location: PHOENIX, ARIZONA | Salt River Fields at Talking Stick | 18-22 JANUARY 2017
Other Russo & Steele Porsche Lots For Sale
Lot 8614 – 1994 Porsche 3.6 Turbo Coupe (no reserve)
Lot 8483 – 2007 Porsche GT3 RS
Lot 8482 – 1997 Porsche ANdial Turbo Coupe
Lot 8090 – 1969 Porsche 911 E Targa
Lot 8121 – 1986 Porsche 911 930 Turbo Coupe
Lot 8132 – 1986 Porsche 911 Turbo Coupe
Lot 8479 – 1971 Porsche 911 T “Survivor” Coupe
Lot 8566 – 1995 Porsche 911 Coupe (no reserve)
Lot 8342 – 1976 Porsche 911 S Strosek Edition Cabriolet
Lot 8564 – 1986 Porsche 944 Coupe (no reserve)
Lot 8565 – 1993 Porche 968 Coupe (no reserve)
Lot 8325 – 1987 Porsche Carrera Targa
Lot 8087 – 1976 Porche 912 E Coupe
Lot 8586 – 1959 Porsche 356 A T2 Sunroof Coupe
Lot 8408 – 1982 Porsche 911 Targa (no reserve)
Barrett-Jackson
Like Russo & Steele, Barrett-Jackson has been making a push into the Porsche market place over the past few years and their offerings continue to improve. Sure they have a handful of newer, non “collectible” Porsches (a few earlier Boxsters and a couple of naturally aspirated 996s) but they also have a nice collection of air-cooled examples worth looking at.
The car I’m most interested in, and I’m almost ashamed to admit it, is the 959 Roadster recreation. There’s not a lot of information in their listing (we don’t know what it has for an engine, what the chassis is from, or any other details). Will it sell? There’s no reserve, so unless the starting bid is completely out of whack, or no one bids, this car should be going to a new home.
Time and Location: SCOTTSDALE, ARIZONA | Westworld of Scottsdale | 14-22 JANUARY 2017
Other Barrett-Jackson Porsche Lots For Sale
Lot 40 – 2007 PORSCHE BOXSTER CONVERTIBLE (no reserve)
Lot 82 – 2000 PORSCHE BOXSTER (no reserve)
Lot 149 – 1997 PORSCHE BOXSTER (no reserve)
Lot 161 – 2001 PORSCHE 911 CARRERA 4 CONVERTIBLE (no reserve)
Lot 321 – 2002 PORSCHE BOXSTER (no reserve)
Lot 361 – 1983 PORSCHE 928S (no reserve)
Lot 363 – 1999 PORSCHE 911 CARRERA (no reserve)
Lot 562 – 1974 PORSCHE 911 (no reserve)
Lot 638 – 1988 PORSCHE 959 ROADSTER RE-CREATION (no reserve)
Lot 699 – 1988 PORSCHE 911 CABRIOLET (no reserve)
Lot 727 – 1970 PORSCHE 911 TARGA (no reserve)
Lot 823 – 1977 PORSCHE 911S (no reserve)
Lot 823.1 – 1971 PORSCHE 911T (no reserve)
Lot 830 – 1973 PORSCHE 911T CUSTOM COUPE (no reserve)
Lot 831 – 1978 PORSCHE 911 RS RE-CREATION (no reserve)
Lot 992.1 – 1995 PORSCHE CARRERA CABRIOLET (no reserve)
Lot 1034.1 – 1964 PORSCHE 356C (no reserve)
Lot 1155 – 1962 PORSCHE 356B (no reserve)
Lot 1323 – 1997 PORSCHE 911 993 TURBO (no reserve)
Lot 1333 – 1991 PORSCHE 911 CARRERA 2 TARGA RWB (no reserve)
Lot 1367 – 1967 PORSCHE 911S (no reserve)
Lot 1396 – 2005 PORSCHE CARRERA GT (no reserve)
Lot 1424 – 1973 PORSCHE 911S (no reserve)
Lot 1427 – 1977 PORSCHE 930 TURBO (no reserve)
Lot 1449 – 1979 PORSCHE 930 TURBO (no reserve)
WorldWide Auctioneers
I have to say, I’m not familiar with Worldwide Auctioneers. However, based on their small offering of what appear to be clean and desirable air-cooled Porsches they are definitely one to watch. Of their five Porsches for sale, all three of the 356s are offered without reserve!
Time and Location: SCOTTSDALE, ARIZONA | 6460 E McDowell Road | 18 JANUARY 2017
Lot 57 – 1953 Porsche 356/1500 ‘Bent Window’ Cabriolet (Est. US$ 300,000 – 400,000 no reserve)
Lot 37 – 1955 Porsche 356A/1600 Speedster (Est. US$ 350,000 – 450,000 no reserve)
Lot 8 – 1959 Porsche 356A/1600 Convertible D (Est. US$ 180,000 – 220,000 no reserve)
Lot 15 – 1974 Porsche 911 2.7L Carrera Targa (Est. US$ 120,000 – 150,000)
Lot 76 – 1989 Porsche 911 Carrera Speedster (Est. US$ 190,000 – 220,000)
View their Porsche offerings here
Look for our auction recap as soon as results are published.