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Joe Stockett here, Prez of AZ POCA, Visit our Facebook site and check out the highlights of the big auction including the red 72 22,000 mile original that sold for $112,000. Call Hagerty tomorrow and bump your coverage. We are finally getting the respect out brand deserves.

https://www.facebook.com/AZPOCA
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Indeed good news for owners in many ways, there are others who might argue that Pantera values going up will change the demographic of who can afford them and hence owners I.e. An even greater shift to collector and less driver Panteras.

That said one point of reference does not make a trend. You cannot omit the other Panteras that sold at B-J for mid 50's in the same auction. Then there is the originality perspective over riding all of that.

Hagertry tracks values, so you can see the overall average of public sales on their site.

Julian
quote:
Originally posted by Joules:
I happened to look at older Lamborghini prices recently and was amazed that Countach are now $500K and Diablo's $300-350K. It doesn't seem long ago they were both $150K, either there is a bubble or I seriously misjudged the market.

Julian
You want to SHOCK yourself Julian, check out Ferrari Dino prices, almost at $100,000.00 PER CYLINDER!!!...Mark
quote:
Originally posted by Robbie:
Hey Mark .. thanks for reminding me. I sold my 246 GT for $30K about 10 years ago. It was that or the Pantera .. I may have picked the wrong car to sell.
Well it could ALWAYS be WORSE Robbie.

You could have sold BOTH the Dino & your home in Los Gatos & bought in Stockton Sympathy

Here are some auction results from 2013...Mark

Press Release
Gooding & Company’s 2013 Scottsdale Auctions Realize $52.5 Million, up 31% from 2012
Gooding & Company breaks an Arizona auction week record selling the 1958 Ferrari 250 GT LWB California Spider for $8.25 million. Seven cars sell above the $2 million mark and 12 cars sell above $1 million. Sixteen World Records Realized for Best-of-Category Cars Sold.
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SCOTTSDALE, Az. (January 20, 2013) — Gooding & Company, the auction house acclaimed for selling the world’s most significant and valuable collector cars, realized $52.5 million at its annual Scottsdale Auctions this weekend. The auction house sold 101 of 104 lots, resulting in a 97% sales rate and an impressive average price of $519,727 per car sold. With a 31% increase from last year’s Scottsdale Auctions, these superb results demonstrate the increasing international demand for the rare, best-of-category collector cars that Gooding & Company specializes in bringing to market.
“With our significantly higher total for fewer cars sold at this year’s Scottsdale Auctions, the 2013 season looks brighter than ever for the high-end collector car market,” says David Gooding, President and founder of Gooding & Company. “In line with this market strength, we also continue to develop and improve as a company. The Gooding & Company team is proud to continue providing the best quality service and presentation possible.”
The top-selling lot of the week, Friday’s $8.25 million 1958 Ferrari 250 GT LWB California Spider, broke records for both a steel LWB California Spider and is the most valuable car ever sold in Arizona auction week’s history. Its sale marks the sixth consecutive year the auction house achieved the top-selling lot during January’s annual auction week. In addition, Gooding & Company sold six of the top 10 most valuable cars of all the houses this week.
Preservation and Limited Ownership
All original, low-mileage preservation cars with limited ownership history brought extraordinary results, sometimes doubling estimates for the best models. Examples include a 1956 Lancia Aurelia B24S Spider America that sold for $803,000 (estimate of $400,000 – $450,000), a 1965 Shelby 289 Cobra that sold for $1,320,000 (estimate of $850,000 – $1,100,000), and a 1956 Mercedes-Benz 300 Sc Cabriolet that sold for $825,000, doubling its estimate of $400,000 – $450,000. New owners of these rare, time-capsule cars are among very few in the world who can say they own cars of equal authenticity.
American Top Sales
On Saturday, the powerful and exceptionally well-documented 1969 Chevrolet Corvette L88 Roadster sold for $825,000, setting a new record for the model and raising the bar for American collector enthusiasts’ ultimate big-block engine icon. Also, a 1941 Packard Custom Super-8 One Eighty Sport Brougham sold well at $176,000 without reserve, surpassing its high estimate. Excellent examples of Duesenberg consistently bring in strong multi-million dollar sales suchas the 1933 Disappearing-top Murphy Roadster that sold on Saturday for $2,695,000.
Gooding & Company achieved 16 world records over the weekend:
1958 Ferrari 250 GT LWB California Spider (lot 30) at $8,250,000
A world record for a steel Ferrari 250 GT LWB California Spider at auction.
1959 Porsche 718 RSK (lot 112) at $3,135,000
A world record for a Porsche 718 RSK at auction.
1957 Maserati 150 GT Spider (lot 122) at $3,080,000
A world record for a Maserati 150 GT Spider.
1935 Mercedes-Benz 500 K Cabriolet A (lot 38) at $2,750,000
A world record for a Mercedes-Benz 500 K Cabriolet at auction.
1933 Duesenberg Model J Disappearing-Top Convertible Coupe (lot 116) at $2,695,000
A world record for a Duesenberg Model J Murphy Disappearing-Top Convertible Coupe at auction.
1938 Bugatti Type 57C Atalante (lot 25) at $2,035,000
A world record for a Bugatti Type 57C at auction.
2003 Ferrari Enzo (lot 45) at $1,485,000
A world record for a Ferrari Enzo at auction.
1995 Ferrari F50 (lot 8) at $1,375,000
A world record for a Ferrari F50 at auction.
1965 Shelby 289 Cobra (lot 135) at $1,320,000
A world record for a Shelby 289 Cobra at auction.
1957 Ferrari 250 GT Low-Roof Berlinetta (lot 139) at $836,000
A world record for a steel Ferrari 250 GT Low-Roof Berlinetta at auction.
1969 Chevrolet Corvette L88 Roadster (lot 128) at $825,000
A world record for a Chevrolet Corvette L88 at auction.
1947 Cisitalia 202 SMM Spider Nuvolari (lot 16) at $650,000
A world record for a Cisitalia at auction.
1973 Ferrari Dino 246 GTS (lot 14) at $506,000
A world record for a Ferrari Dino 246 GTS at auction.
1955 Porsche 356 Continental Cabriolet (lot 131) at $310,750
A world record for a Porsche 356 Continental Cabriolet at auction.
1965 Alfa Romeo Giulia Sprint Speciale (lot 132) at $198,000
A world record for an Alfa Romeo Giulia Sprint Speciale at auction.
1963 Studebaker Avanti R2 (lot 9) at $74,800
A world record for a Studebaker Avanti R2 at auction.

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