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Gooding & Company, LLC is a classic car auction company headquartered in Santa Monica, California. Incorporated in 2003, the company holds multiple all-time records for the most expensive cars sold in auction. [1] The company also provides private treaty sales, estate planning, and appraisals.
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. ... the classic-car insurance company ...
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [1]
Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
The auction house had been impacted by the Great Recession, and business did not fully recover until 2018. [21] In 2021, Barrett-Jackson purchased the Phoenix-based Collector Car Network, which included several classic car publications and the Future Collector Car Show.
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