2014 has been a great for classic automobiles, with many rare vehicles hitting the auction blocks, spurring massive interest, and changing owners for millions of dollars. In the United States alone, the biggest market for vintage cars, collectors spent no less than $1.3 billion in 2014, up from $1.2 billion in 2013. It remains to be seen whether 2015 will see a new all-time high, but it seems as if the year is off to a great start with Gooding & Company having raised more than $26.9 million at its annual Amelia Island Auction.
The auction house joined the 2015 Amelia Concours d'Elegance with no fewer than 85 cars, managing to sell 76. Seven of them sold for in excess of $1 million, while 13 set new world auction benchmarks. Highlights included several Ferrari, Porsche, and Mercedes classics, as well as plenty of race cars dating back to the 1950s. As usual, the cars that changed owners for the most moolah wore Ferrari badges.
Continue reading to learn more about Gooding & Company's Amelia Island Auction.
Amelia Island Auction Raised A Total Of $26.9 Million originally appeared on topspeed.com on Monday, 16 March 2015 17:00 EST.
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