Publish date: 2016-02-09 16:07:52
A few days ago, we offered you a glimpse on the first three classic Porsche that actor-comedian Jerry Seinfeld announced to be placed in auction. Now that the momentum is steadily building, there has been a lot of hype recently about the rest of Jerry Seinfeld’s Porsches going for auction, and now that the official list is out – all 18 of them in fact – it’s time to take a second look if vying for one of them, and ultimately having one, is as good a deal as it gets. Since the day that the top-rated comedian announced his intention of clearing out his well-curated, museum perfection garage, many has coveted his top collectibles including: 1955 Porsche 550 Spyder, a 1958 Porsche 356 A 1500 GS/GT Carrera Speedster, and his 1974 Porsche 911 Carrera 3.0 IROC RSR.
Seinfeld’s 1959 Porsche 718 RSK is a sure head turner.
Speaking about his affinity towards his cars, Seinfield said, “I’ve never bought a car as an investment. I just love cars. And I still love these cars. But it’s time to send some of them back into the world, for someone else to enjoy, as I have.” Unlike Seinfeld who doesn’t seem to worry about burning some cash on a great find, most people are cautious to do so and for a good reason. Because truth be told, not all shiny, classic cars are worth its weight in gold.
Jonathan Klinger, vice president of public relations for Hagerty, is confident on how the market smiles upon the Porsche. “The Porsche market has seen one of the single greatest percentage increases in values in recent times,” Klinger explains. “That is starting to level out, which we see as a good thing. They’re not going down, the 20 to 30 percent year over year increase is starting to slow at a more attainable pace.” Case in point is Seinfeld’s 1974 Porsche 911 Carrera which has an estimated auction value of $1.2 million. If you still have $6 million to spare, then you can go all out with his 1955 Spyder. The obvious question is: is it a smart buy?
“Celebrity provenance can impact the value of the car,” Klinger says. “That’s not a universal truth, but it can.” In Seinfeld’s case, the value of his cars is not primarily anchored on his status as a top-notch comedian, but his relative car expertise, specialiSing in Porsche vehicles. David Gooding, president and founder of Gooding & Company whom the comedian has consigned for the Amelia Island Auction in March, explains, “Mr. Seinfeld is recogniSed throughout the world as having acquired one of the finest Porsche collections ever assembled. He has become known as the definitive Porsche connoisseur based on his passion and devotion to the marque.”
This 1973 Porsche 917/30 Can-Am Spyder from Seinfeld’s collection will also go on auction.
While we’re still roughly two months away before the auction date, it is wise to take heed to some of the advice offered by the experts. “Do your research, as much as you can, before you get to the auction,” Klinger says. Since information about high-profile auctions are more than a handful, it is relatively easy to do your homework.
“Know what your spending limit is before you get there, and stick to it,” Klinger emphasized. It may sound silly and obvious, but considering that high-end auctions such as this are often times emotionally charged, it’s imperative that you have a rock-solid will and mindset.
Klinger also advises to get in touch with experts on the vehicle that you’re eyeing on. “If you’re looking at a vintage Porsche — a 356 or a 911 — talk to a known restorer of those vehicles who could say, ‘When you see this vehicle in person, look for this, this, and this.’ They can give you tips on what to exactly look for,” Klinger elaborates.
Three generations of Porsche Speedsters will be offered by Jerry Seinfeld at the Amelia Island Auctions
With that being said, Seinfeld hopes that all 18 of his prized collection will find their new homes. The total collection of Seinfeld’s auction cars are:
- 1973 Porsche 917/30 Can-Am Spyder
- 1955 Porsche 550 Spyder
- 1959 Porsche 718 RSK
- 1958 Porsche 356 A 1500 GS/GT Carrera Speedster
- 2000 Porsche Carrera GT Prototype
- 1990 Porsche 962C
- 1974 Porsche 911 Carrera 3.0 IROC RSR
- 1998 Porsche 993 3.8 Cup RSR
- 1963 Porsche 356 B 2000 GS Carrera 2 Coupe
- 1994 Porsche 964 Turbo 3.6 S Flachbau
- 1957 Porsche 356 A Speedster
- 2012 Porsche 997 GT3 4.0 Cup “Brumos Commemorative Edition”
- 1958 Porsche 597 Jagdwagen
- 2011 Porsche 997 Speedster
- 1989 Porsche 911 Speedster
- 1966 Porsche 911
- 1964 Volkswagen Camper
- 1960 Volkswagen Beetle
Seinfeld’s collection and other rarities, are slated to be auctioned at the Amelia Island Auctions on Saturday, March 12, 2016 at the Ritz-Carlton, Amelia Island, Florida.