Tuesday, January 19, 2016

Master of His Domain: $10 Million Worth of Jerry Seinfeld Porsches Headed to Auction

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As a lifelong Porsche-phile, Jerry Seinfeld has spent decades assembling one of the most revered and comprehensive collections of Porsche automobiles in existence. Now, the comedian and host of the Comedians in Cars Getting Coffee web series is letting a few of those prized vehicles trickle back into circulation, starting with a 1955 Porsche 550 Spyder, a 1958 Porsche 356A 1500 GS/GT Carrera Speedster, and a 1974 Porsche 911 Carrera 3.0 IROC RSR.

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Scheduled to cross the block at Gooding and Company’s Amelia Island Auction on March 11, the trio boasts pre-auction estimates that reflect the recent surge in values of vintage Porsches. The 1955 550 Spyder, which, according to a report in the Los Angeles Times, is an unrestored vehicle with an original chassis, body, and engine, and only 10,300 miles on the odometer—not to mention the morbid fascination it elicits given its similarities to the car James Dean drove and died in—is expected to bring $5 to $6 million. The 1958 356 Carrera Speedster, reportedly one of only 151 models built, should net between $2 and $2.5 million. The 1974 911 Carrera IROC RSR—which is, again according to the LA Times, one of 15 imported by Roger Penske for the International Race of Champions series and was driven by Peter Revson, George Follmer, and Gordon Johncock—is estimated to sell for $1.2 to 1.5 million. Despite Seinfeld’s claim that he has “never bought a car as an investment,” the pre-auction estimates suggest that these three cars probably will turn out to be very good investments indeed.

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1974 Porsche 911 Carrera 3.0 IROC RSR

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Exciting as it is to see Mr. Seinfeld cut loose three well-pedigreed examples, a representative at Gooding and Company has informed us that this is just the tip of the iceberg; a list of numerous additional auction-bound Porsches from the Seinfeld collection will be released in the first week of February. Those interested in getting up close and personal with the cars but who just can't work the Amelia Island event into their schedule are advised to attend Gooding's annual Scottsdale, Arizona, auction on January 27, where the three Porsches seen here will be on display.

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