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.