Gooding & Co in London 2022

Internationally acclaimed auction house and official partner of the Concours of Elegance, Gooding & Company, conducted its second-ever live sale in the UK last month, realizing a total of £22,811,938 million on Saturday, 3 September. The London Auction, conducted on the historic grounds of Hampton Court Palace, resulted in the sale of 31 out of 39 lots, achieving a 79% sell-through rate. Seven cars brought in figures over the £1 million mark, and the average price per lot was £735,869.

The London Auction was led by the sale of the weekend’s star car, a 1960 Ferrari 250 GT SWB Berlinetta Competizione with well-documented period race history, which sold for an astounding £7,762,500. A world record at auction was also set with another Italian masterpiece from the 1960s, a 1965 Alfa Romeo Giulia TZ, which sold for £1,181,250 – the highest price ever achieved for a Giulia. The wonderfully presented Giulia TZ, featuring coachwork by Zagato, came to auction with a known competition history and impressive provenance. Yet another highlight of the three-hour event was the sale of the genuine barn-find 1956 Porsche 550 Spyder, which was offered from over 40 years of single family ownership and sold well above estimate for an incredible £2,025,000. The 1965 Ferrari 275 GTS finished in an elegant color scheme of Bianco over black also sold handsomely, achieving a final figure of £1,350,000.