Contemplating the Gooding & Co. 300 SL "Survivor vs Restored" Gullwing Sale

Contemplating the Gooding & Co. 300 SL "Survivor vs Restored" Gullwing Sale
Survivor 300 SL Gullwing coupe
Hemming's had a fantastic article comparing two black-over-red 300 SL Gullwing coupes that went up for auction at Gooding & Co.'s Scottsdale event this past weekend. One was a true survivor that was largely intact aside from some claimed paint touch-ups, while the other was the recipient of a full Concours level restoration.

Contemplating the Gooding & Co. 300 SL "Survivor vs Restored" Gullwing Sale
Interior of survivor 300 SL
In the end, the results shocked some but perhaps surprised few who have been following market trends. The "survivor" sold for $1,897,500 while the "Concours ready" fully restored car sold for $1,402,500. That's a premium of $495,000 for simply leaving the car be. There's seems to be something to mama's lessons about patience and restraint.

Contemplating the Gooding & Co. 300 SL "Survivor vs Restored" Gullwing Sale
Fully restored 300 SL
Wild speculation soon became heated debate once the hoopla subsided and the reality of today's car market set in. Some collectors are now rethinking the big bucks they spent on past nut-and-bolt restorations while others insist this is a trend that will eventually die out.

Contemplating the Gooding & Co. 300 SL "Survivor vs Restored" Gullwing Sale
Interior of the restored 300 SL
We tend to skew towards this being the new normal, especially considering the collector car market is now being more often compared to the art and antiques markets, where originality has been prized for decades. Remember in the 1980's when everyone was a backyard furniture restorer, stripping away cracked layers of original varnish only to be reprimanded by the Keno brothers when they showed up on Antiques Roadshow with dollar signs in their eyes? As is often said, "it's only original once."

Contemplating the Gooding & Co. 300 SL "Survivor vs Restored" Gullwing Sale
Roy Roger's XK140 SE

Other "survivor" sales of the event included Roy Roger's Jaguar XK140 roadster with tattered innards, and a '67 Ferrari 330 GTS still sporting it's elegant cover of detrius.

...Story continues at MotoArigato.com

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