1956 Jaguar D-Type Sports Racer Sold for $3.74 Million

As the recession is slowly fading away, classic car sales are reviving. If you have any doubts, one of the best arguments is the sale of a 1956 Jaguar D-Type Sports Racer for $3.74 Million during a Gooding & Company auction last Friday. Things get even better, as the Jag was not the only car which sold for more that $1 million.

"We had an outstanding day with a remarkably high percentage sold at 94%," said David Gooding, president and founder of Gooding & Company. "In addition to the outstanding $3.74 Million final sale price of the 1956 Jaguar D-Type, we are thrilled to beat a world record with the $1.1 Million sale of the 1959 Costin Lister Jaguar Sports Racer."

Gooding & Company's top five sales at Friday’s auction include the 1956 Jaguar D-Type Sports Racer for $3.74 million, the 1934 Duesenberg Model J Disappearing Top Convertible Coupe for $1.815 Million, the 1959 Costin Lister Jaguar Sports Racer for $1.1 Million, the 1927 Bentley 6 1/2-Litre Sport Coupe that sold for $726,000, and the 1948 Cadillac Series 62 Custom Cabriolet that sold for $649,000. Another car at the auction was the 1967 Maserati Mexico Speciale that sold for $187,000.

Gooding & Company auction house decided to donate some part of the $15 million in total sales to the International Response Fund of the American Red Cross to help people in Haiti. The company also collaborated with the local Grand Canyon chapter in setting up a donation center at the auction site during its Friday Auction.