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Mercedes 600 SWB Sells Well Short of Auction Estimate at Gooding and Company Pebble Beach

By   /  April 6, 2016  /  No Comments

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Mercedes 600 SWB Gooding and Company Auction Pebble Beach
1970 Mercedes 600 SWB – Lot 124 – Gooding & Co. – The Pebble Beach Auction – August 2015

Silver w/ blue leather, interior appears original with light patina as does the French walnut interior trim. Exterior paint and bright work to an extremely high level. 32,593 original miles. Consigned by an SL Market Letter subscriber who specializes in M100 series sedans. SOLD for $143,000. After looking this car over very carefully during the preview, I was surprised when it hammered sold for just $130,000 against the auction estimate of $140k – $170k. Sure, with the buyer’s premium of 10% the price goes up to $143k for the buyer, but the seller takes home 10% less, just $117,000. Referring to our price guide (below) (see Mercedes 600 feature here), that’s in-line with a solid #2 condition car and that’s what this car appeared to be. Am I the only one that thinks these cars are grossly under valued? I spoke with the consignor a few days after the sale, he also consigned lot #102, the dark blue 1971 280SE 3.5 coupe that also sold for $143,000 against an estimate of $150k – $175k. The consignor was not at all happy, with either result, expecting significantly more money for both cars.

Mercedes 600 Gooding and Company Auction

Mercedes 600 SWB, attractive in Silver.

Mercedes 600 Gooding and Company Auction

Attractive blue leather interior, excellent wood and interior trim.

SL-Market-Letter-Mercedes-600-Price-Guide

This article originally appeared in the September / October 2015 issue of the printed SL Market Letter. If you like this article, visit our ‘Subscription’ page to learn more and to download a free sample issue of the SL Market Letter in PDF format. The SL Market Letter is printed and mailed to subscribers all over the world, 6 times a year. If you’re serious about collectible Mercedes-Benz cars from all decades, you might enjoy a subscription. We cover NOT just SLs, but ALL collectible Mercedes Benz… Sedans, coupes, even wagons!
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