1936 Bugatti Type 57SC Atlantic auctioned for an impressive $30+ million

Article by Christian Andrei, on August 29, 2010

Auction house Gooding & Company has sold the historic and iconic 1936 Bugatti Type 57SC Atlantic to an undisclosed buyer. David Gooding, president and founder of Gooding & Company, which is also the official auction house of the Pebble Beach Concours d'Elegance, announced the deal.

He described the 1936 Bugatti Type 57SC Atlantic as one of the most significant and valuable automobiles in the world. He noted that the iconic vehicle has been in a private collection that’s rarely seen in the past four decades.

Gooding & Company served as the official broker for the Williamson Family and Trust, the owner of the 1936 Bugatti Type 57SC Atlantic before it was sold to the unnamed buyer. The 1936 Bugatti Type 57SC Atlantic had been the centerpiece of the famous Williamson Bugatti Collection and was the 2003 Pebble Beach Concours d'Elegance best in Show car.

Interestingly, the 1936 Bugatti Type 57SC Atlantic was based from the Bugatti Aerolithe Electron Coupé, a prototype that stunned many during its debut at the 1935 Paris Auto Salon. In 1936, Bugatti built the first Atlantic chassis #57374.

Two more followed, each remarkably different from each other. In a sense, the 1936 Bugatti Type 57SC Atlantic is being venerated by enthusiasts for its historical significance and originality.

Gooding & Company will be holding its annual two-day Pebble Beach Auction on August 14 and 15, 2010, with the event to be broadcasted live from Gooding & Company's Web site on www.goodingco.com/auction.

For those who wanted access to bidder registration forms and press credentials, as well as additional auction information, they can visit www.goodingco.com or call (310) 899-1960. Updates are available by following Gooding & Company on Facebook and Twitter @GoodingCompany.

Aside from offering services in the collector car market, Gooding & Company also provided a wide range of services like private and estate sales, collection management and appraisals.

Just in March this year, Gooding & Company posted two new world record sales at its inaugural Amelia Island Auction -- 1931 Voisin Mylord Demi-Berline at $2.75 Million and the 1961 Porsche RS61 Spyder at $1.705 Million.

Moreover, during the annual Scottsdale Auction in January, Gooding & Company came out triumphant at Arizona's auction week charts for the third straight year after selling the 1956 Jaguar D-Type Sports Racer for $3.74 million.

Press Release

GOODING & COMPANY MAKES HISTORY WITH THE PRIVATE SALE OF THE WORLD'S MOST VALUABLE CAR, THE 1936 BUGATTI TYPE 57SC ATLANTIC

Gooding & Company, the internationally celebrated auction house that offers a wide range of services, including private and estate sales, is proud to announce that it has sold the unparalleled 1936 Bugatti Type 57SC Atlantic to an undisclosed buyer. As the official broker for the Trust that formerly owned the Atlantic, Gooding & Company found a devoted connoisseur who will become the guardian of this treasured piece of automotive history.

"I am extremely pleased to have found the new buyer for the 1936 Bugatti Type 57SC Atlantic, one of the world's most significant and valuable automobiles that has been in a private collection and rarely seen during the past four decades," says David Gooding, president and founder of Gooding & Company. "It has been a great pleasure to work with the Williamson Family and Trust in this important endeavor."

Formerly the coveted pillar of the world renowned Williamson Bugatti Collection, the Atlantic was the 2003 Pebble Beach Concours d'Elegance best in Show car.

The Atlantic was an automobile derived from Bugatti's prototype Aerolithe Electron Coupé that caused a sensation when it was unveiled at the 1935 Paris Auto Salon. Bugatti later built just three Atlantics, each one different from the next, but this 1936 car (chassis #57374) is the first in the series and its historical significance, originality and restoration has been revered by enthusiasts throughout the world.

About Gooding & Company
Gooding & Company, the official auction house of the Pebble Beach Concours d'Elegance, will be conducting its annual two-day Pebble Beach Auction on August 14 & 15, 2010. Auctions are broadcast live from Gooding & Company's website on
www.goodingco.com/auction. Bidder registration forms, press credentials and additional auction information are also available on www.goodingco.com or by calling (310) 899-1960. For additional vehicle information and up-to-the-minute results, follow Gooding & Company on Facebook and Twitter @GoodingCompany.

Gooding & Company provides unparalleled service for those in the collector car market, offering a wide range of services, including private and estate sales, appraisals and collection management. Gooding & Company achieved two new world record sales at its inaugural Amelia Island Auction in March this year with the outstanding 1931 Voisin Mylord Demi-Berline at $2.75 Million and the 1961 Porsche RS61 Spyder at $1.705 Million. At its annual Scottsdale Auction in January, Gooding & Company topped Arizona's auction week charts for the third year in a row with the sale of the $3.74
Million 1956 Jaguar D-Type Sports Racer.

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