Jerry Seinfeld Auctions Part of Rare Porsche Collection

Amagansett resident and comedian Jerry Seinfeld, who was recently spotted getting coffee at the Manorville Starbucks, is selling a portion of his massive car collection on Friday, March 11 on Amelia Island in Florida. Seinfeld, who owns a rare collection of Porsches with a staggering count of 47, is selling 16 of the German sportscars along with two vintage Volkswagens in the upcoming auction.

Seinfeld’s collection is quite extensive, but he can’t drive them all. The comedian explains his logic for selling the cars, according to Forbes, saying, “The reason I wanted to bid these cars farewell in this way is really just to see the look of excitement on the faces of the next owners who I know will be out of their minds with joy that they are going to get to experience them.”

The sale of his cars is estimated to bring in between $28 and $32 million, and will include some rarer whips, such as his 1955 Porsche 550 Spyder, which is estimated at $5-$6 million and is the same model James Dean drove when he died. Seinfeld is also selling a Carrera Speedster estimated at $2 to $2.5 million.

“I’ve never bought a car as an investment,” Seinfeld says in the auction announcement. “I don’t really even think of myself as a collector. 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.”

The auction will be held on March 11 at 11 a.m. in Racquet Park on Amelia Island. Admission for two people, which includes access to the viewing and the auctions, is $75 or $30 admission for one person. There will be a public preview on March 10 and 11. Bidders may register for $200.

Seinfeld has entrusted his cars to the auction services of Gooding & Co., a renowned auction house dealing in fine automobiles for the international community of collectors—a fitting seller for Seinfeld’s cars since he owns one of the largest collections of classic Porsches in the world.

“We are grateful and honored to be entrusted with these superb examples from the collection of Jerry Seinfeld, these cars epitomize the highest of quality and pedigree,”Gooding & Co. President David Gooding says. “Jerry’s keen eye for significant Porsches, the care and pride he takes in maintaining his spectacular collection and his enthusiasm and passion for the Porsche marque, makes this one of our most thrilling sales in our company’s history.”

For tickets, and more information about the auction, go to goodingco.com.