Cars & Auto

There Is No Substitute for These Classic Porsche Cars

Florida is sunny all year long. There is a reason auction houses and events are scheduled here during winter months. On Friday March 4, 2022,  Gooding & Company’s annual Amelia Island Auction will offer one of the most highly anticipated events of the year for automotive enthusiasts. Located 1 mile South of Amelia Island Parkway in Racquet Park, Omni Amelia Island Resort Amelia Island, Florida.

Over the past decade this Gooding & Company event has earned its reputation as a premier East Coast collector-car auction. Amelia Island and Porsche have become synonymous in recent years largely due to Gooding & Company offering the greatest Porsches from the most prestigious collections. Spirited bidding in a comfortable setting is what this auction is all about.

Porsche is not the only luxury sportscar brand up for auction here. That said, the auction is loaded full of Porsche cars and $1 million for some of these cars looks to be a bargain.

The 1965 Porsche 904/6 comes with an estimate of $2,500,000 to $3,250,000. This is listed as a rare factory-built 904/6, just 1 of 6 examples produced. It was also said to be raced by the Porsche Works team at Le Mans Test, Mont Ventoux, and Solitude. The car was sold to Vasek Polak in 1968 and campaigned in SCCA events through 1972 before being restored by Gunnar Racing and with extensive documentation. Image by Gooding & Company.

1965 Porsche 904/6

1959 Porsche 718 RSK with an estimate of $2,500,000 to $3,500,000. This car is listed as only 1 of 34 examples ever built and had been owned by the same family for over 50 years. The car campaigned successfully by racer Emil Pardee from 1959 to 1961 and had ten 1st in class finishes, with three overall wins from 14 starts. It has also seen a total restoration performed by Porsche Four-Cam expert Ray Morgan.

Additional Porsche cars up for auction are below:

  • 2005 Porsche Carrera GT with an estimate of $1,800,000 to $2,400,000.
  • 1993 Porsche 964 Carrera RS 3.8 Clubsport with an estimate of $1,800,000 to $2,400,000.
  • 1979 Porsche 935 with an estimate of $1,700,000 to $2,000,000. Run by Interscope Racing at the 24 Hours of Le Mans in 1979.
  • 1979 Porsche 935 with an estimate of $1,500,000 to $1,800,000. Originally Delivered to and raced by famed collector Otis Chandler.
  • 1998 Porsche RUF Turbo R Limited with an estimate of $1,400,000 to $1,800,000.
  • 1974 Porsche 911 Carrera 3.0 RSDR IROC with an estimate of $1,100,000 to $1,300,000.
  • 1977 Porsche 934/5 with an estimate of $1,000,000 to $1,300,000.
  • 1974 Porsche 911 Carrera 3.0 RSR with an estimate of $800,000.00 to $1,200,000.

Here are 5 additional key cars to know from the auction:

  • 1937 Talbot-Lago T150-C-SS Teardrop Coupe with an estimate of $10,000,000+. At the 2006 Palm Beach Auction Gooding & Company sold a 1938 Talbot-Lago T150 C SS Teardrop Coupe for $3,905,000.
  • 1967 Toyota-Shelby 2000 GT with an estimate of $2,750,000 to $3,500,000.
  • 1991 Ferrari F40 with an estimate of $2,400,000 to $2,800,000.
  • 1954 Bentley R-Type Continental Fastback with an estimate of $2,000,000 to $2,500,000.
  • 1959 BMW 507 Series II with an estimate of $2,000,000 to $2,400,000.

Collectors Dashboard evaluates high-end collectibles as an alternative asset class. This means collectibles are attracting the same capital that could have been invested into stocks or bonds. Many collectibles now cost thousands of dollars (or much more). Collectors with a passion to own a collectible for years frequently have to compete directly against investors whose only desire is to make a profit in the future.

While Trophy car is not an official term to categorize a caliber of car that investors will compete to own. What is undeniable is the impressive collection of Porsches above $1,000,000 estimates that Gooding & Company has assembled for its 2022 Amelia Island Auction on March 4, 2022.