Jerry Seinfeld Is the World’s Best “Previous Owner”

When you buy a blue-chip Porsche, buy it from a fanatical millionaire.

Brian Henniker/ Copyright Gooding & Company

If you’ve got the cash, buy one of Jerry Seinfeld’s million-dollar vintage Porsches. Because, really, who’s going to have taken better care of a vintage Porsche than the world’s foremost Porschephile, who tends to his shining flock with a care that only an $800 million fortune can furnish? Who better from whom to buy an investment-grade German sportscar than the man with feathered hair and a Porsche 959 and a Porsche 918 Spyder and a “Gmund” Porsche 356, made in the original factory where they hammered the body panels out by hand? This man, it seems, would rather kiss Newman than let any harm befall any Porsche in his famous collection, housed in an anonymous warehouse on 83rd street.

Jerry Seinfeld has consigned several of his cars to Gooding and Co. for what is sure to be a monumental auction for fans of the brand. The cars will go up at Amelia Island on March 11 and are estimated to fetch around $10 million total. The lead asset, so to speak, is an ultra-rare 1955 Porsche 550 Spyder, valued at around $6 million; the others, a 1958 Porsche 356 Carrera Speedster and a 1974 Porsche 911 Carrera 3.0 IROC RSR, are worth well over $1 million each.

In a statement, Jerry Seinfeld wrote, “I've never bought a car as an investment. 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.” That reads 75% true to us—no one with such an interest in and eye on the market purchases without some heed to value—though regardless, it’s honorable for Jerry to allow another millionaire to sample some of Porsche’s greatest hits. What does seven figures buy? The assurance that your ostensible “used car” is in better condition than that in which it left the factory. And probably a couple hairs from the famous Seinfeld coif in the upholstery.

1955 Porsche 550 Spyder
Mathieu Heurtault/ Copyright Gooding & Company

(Estimate: $5,000,000-$6,000,000)rChassis 550-0060rCoachwork by Wendler

1958 Porsche 356 A 1500 GS/GT Carrera Speedster
Brian Henniker/ Copyright Gooding & Company

(Estimate: $2,000,000-$2,500,000)rChassis 84908rCoachwork by Reutter

1974 Porsche 911 Carrera 3.0 IROC RSR
Brian Henniker/ Copyright Gooding & Company

(Estimate: $1,200,000-$1,500,000)rChassis 911 460 0016