Amelia Island results are in

[TPorsche912]

Both Gooding and Co. and R M have their results posted on their websites from yesterdays auctions. While Hollywood Wheels hasn't posted their results, there were attendees from the 911S Registry that have posted on their site. Seems noone was much impressed with their auctions and lots of "no sales"

Gooding and Co.

R M

Early 911S Registry Forums

[GothingNC]

$52K for a VW Thing?

Wow !

1974 Volkswagen Thing | Gooding & Company

[tdw28210]

Originally Posted by TPorsche912

Both Gooding and Co. and R M have their results posted on their websites from yesterdays auctions. While Hollywood Wheels hasn't posted their results, there were attendees from the 911S Registry that have posted on their site. Seems noone was much impressed with their auctions and lots of "no sales"

Gooding and Co.

R M

Early 911S Registry Forums

Not sure I agree with that. What I read was a couple guys on the 911 S board b*tchng about one particular auction (Hollywood Wheels). One guy said the cars were poorly documented, dirty and he never heard the term "numbers matching" and many did not sell for their listed prices. If that is true, that it is not surprising. .

I know Gooding does not show "no sells", but I am not going to tick and tie the actual sales versus the original catalog. SOmebody else can do that. Perusing their results, it looks like some of the better cars got in the middle of what is probably the highest range these cars have ever been offered at.

$350k for a '57 speedster - $25k above high range.
$330k for a 964 turbo -middle of the est. range.
$605k for a '75 RS - low side of range, only w/a bill of sale. I guess no title, so that would keep some bidders away.
$209k for a '72 S. - high side of range. And that one apparently had rear steel flares added to it.

Not that I am that much of an auction hound, but unless a ton of stuff did not sell, Gooding does not seem to be a big indicator of falling prices for Porsche's.

At some point, all the "1" cars will be out of enthusiasts hands and into collectors' hands. We may be nearing that point and now the 2 and 3 cars are going to be crossing the block - and get lower prices, but properly so. And that might be what that Hollywood Wheels auctions was all about.

I'll let the true auction hounds opine now.

[COLB]

Thumbing through, there are no great revelations. Seems like as many cars exceeded estimates as missed them. Early S cars seemed to meet or slightly underperform estimates, but overall, longhoods don't show any signs of softening. Some interesting results:

1997 993 Turbo S -- Sold at $440k, well over $325-400 estimate; only 15k miles, one owner, rare color (Jade Green)

1972 911T -- sold at $115k, below estimate of 130-150k; gulf orange; IMSA Daytona pace car, FWIW

1994 964 Turbo -- sold at $330k, within 300-350k estimate; 29k miles, in unusual yellow

1991 944 S2 Cab -- sold for $39k, well over 25-30k estimate; only 19k miles; guards red

1988 944 Turbo S -- sold for $82.5k, well over 50-65k estimate

[medici78]

Folks are saying the Hollywood Wheels auction was a joke. Did anyone here attend?

[CountD]

Guess I shouldn't have sold my 1974 thing in 1998 for $1900...it wasn't an Acapulco but it was yellow and ran well...oh well, that's the way she goes.

[Racerbvd]

So what did the 914-6 barn find sell for??

[ClassyCarrera]

Originally Posted by COLB

Thumbing through, there are no great revelations. Seems like as many cars exceeded estimates as missed them. Early S cars seemed to meet or slightly underperform estimates, but overall, longhoods don't show any signs of softening. Some interesting results:

1997 993 Turbo S -- Sold at $440k, well over $325-400 estimate; only 15k miles, one owner, rare color (Jade Green)

1972 911T -- sold at $115k, below estimate of 130-150k; gulf orange; IMSA Daytona pace car, FWIW

1994 964 Turbo -- sold at $330k, within 300-350k estimate; 29k miles, in unusual yellow

1991 944 S2 Cab -- sold for $39k, well over 25-30k estimate; only 19k miles; guards red

1988 944 Turbo S -- sold for $82.5k, well over 50-65k estimate

I attended all the auctions.

72 T Orange, Was a disaster car, Paint was done in a garage, so many paint defects, Also the engine bay was a nightmare. Everything was chromed and Painted. Poorly done car.

94 Yellow Turbo 3.6 was a OK car but with panels painted. The rear section paint metered real high.

97 Turbo S was a great car. Color sold it.

79 Chiffon 930 Sold for $253 way over the 150-175 Full respray car.

88 Slantnose of Marshall Goldman Sold for $363 Nice car.

87 930 of Marshall Goldman also sold at RM for $220. Again original car

75 Carrera Sold for $308 Nice car no paint rare color.

73 RS Touring India Red sold for $891. nice car. Respray

65 Sunroof coupe was the surprise to me. $266,750 Was a good driver car. but still figured it would have went higher.

[Macroni]

Thanks Classy.

[Matt Monson]

Was that '75 Carrera a US CIS car or Row with mfi? Either way quite a price!

[ClassyCarrera]

Originally Posted by Matt Monson

Was that '75 Carrera a US CIS car or Row with mfi? Either way quite a price!

Matt,
It was a ROW, And came from a Swiss collection if I remember correctly.

Feel free to ask any Questions. I touched every P car.

[TPorsche912]

Originally Posted by ClassyCarrera

Matt,
It was a ROW, And came from a Swiss collection if I remember correctly.

Feel free to ask any Questions. I touched every P car.

Opinion on these three please.

1957 Porsche 356 A Speedster Gooding & Co.

1958 Porsche 356 A 1600 Speedster by Reutter RM

58 356A Speedster - 245 NS Hollywood Wheels

[Nachtfalter]

Originally Posted by GothingNC

$52K for a VW Thing?

Wow !

1974 Volkswagen Thing | Gooding & Company

Volkswagens have been a ton of money for a while. Anything van or Westfalia of any year is incredibly expensive.

[Mehoff]

Originally Posted by ClassyCarrera

Matt,
It was a ROW, And came from a Swiss collection if I remember correctly.

Feel free to ask any Questions. I touched every P car.

the '75 ROW was not a correct car. I only spendta couple minutes with it (just before it hit the block), but the car had US thermo reactors, RS anondized 16" fuchs (even though the brochure claimed correct 15's!) and dealer installed AC (not a big deal).

The color was gorgeous, almost enough to make me reconsider my love affair with aubergine, but that car was a long way from collector. Sat next to one of the most reconizable porsche/car guys on the planet on the flight home and he agrees someone is going to get hurt on that car

The '87 930 was perfect (just enough rock chips to prove out the 10k mileage), as was the poo brown 1970 911t at Goodings

[Patrick3000]

Originally Posted by ClassyCarrera

Feel free to ask any Questions. I touched every P car.

Any info on this 70, 914-6 GT conversion?

1970 Porsche 914-6

[techweenie]

I think the bottom line is that the bursting of the bubble is not here yet.