1961 Ferrari 250 GT SWB California Spider (photo Gooding & Company)
Amelia Concours,  Spring

Sold! Ferrari Fetches Over $17 Million at Amelia Island Auction

Amelia Island Auction Highlights

It may be hard to wrap one’s mind around this price tag. A 1961 Ferrari 250 GT SWB California Spider, offered by Gooding and Company, sold for $17,160,000 on Amelia Island, Florida during their annual auto auction held March 11, 2016 at Omni Amelia Island Plantation.

Once a year, when the Amelia Island Concours event week rolls around in March, a single collector car can sell for more than the highest priced oceanfront estate on this northeast Florida barrier island. However, this year topped them all! According to the auctioneer, this Ferrari sale set a new worldwide record for Gooding and Company. It’s the most expensive car they ever sold. (See Gooding’s Tweet below announcing the final price.)

Rare Car Vs. Amelia Island Real Estate

For perspective, consider that the highest priced home currently for sale on Amelia Island is an oceanfront property on South Fletcher Avenue listed at $3,250,000 (featuring around 5,000 square feet of living space, located on almost an acre overlooking the Atlantic Ocean). Also throw in the next four top-of-the-market homes for sale on Amelia Island, and these top five properties combined would “only” cost $14,650,000 — if you paid “list” price. Less than one extraordinary Ferrari, sold today on Amelia Island. Just a little comparison of the investment car market vs. prime waterfront real estate on a Florida island.

More About This Ferrari

Gooding & Company’s Amelia Island auction featured Lot #69, the star of the show, this 1961 Ferrari 250 GT SWB California Spider. The pre-sale estimate was $15,000,000 to $17,000,000. This highly coveted Ferrari is the 22nd SWB California Spider built and one of only 37 covered-headlight examples produced. It had been in the loving care of the previous owner for over 30 years.

The Ferrari 250 GT SWB California Spider presented for sale on Amelia Island, Florida, chassis 2871 GT, is reportedly among the most desirable SWB California Spiders. The Ferrari was purchased new in Milan, Italy by the famed Italian industrial designer, Gianfranco Frattini in September, 1961.

16 Seinfeld Porsches Offered For Sale On Amelia Island

Gooding & Company’s auction at Omni Amelia Island Plantation also offered a selection of the Seinfeld Collection — 16 Porsches plus a couple of classic 60s-era Volkswagens. Seinfeld himself made an appearance on Amelia Island for this sale, taking the stage at Omni Amelia Island Plantation to introduce his Porsches. Jerry’s made millions upon millions upon millions laugh over his career. That’s priceless.

Amelia Island Concours d’Elegance Event Week

Five collector car auctions take place during Amelia Concours week on this northeast Florida barrier island. However, the gala event is the Amelia Island Concours d’Elegance, Sunday, March 13, 2016 at the Amelia Island Ritz-Carlton and Golf Club of Amelia. Read more about additional events, see related article, “Piece of Her Heart, Janis Joplin’s Psychedelic Porsche on Amelia Island.”