Broad Arrow Auctions
Amelia Island, FL – Broad Arrow Auction’s sale at The Amelia exceeded the auction house’s expectations, with total sales surpassing $63M and a sell-through rate of 92%. Now in its second year as the official auction house at The Amelia, Broad Arrow executed a two-day, standing-room-only sale with more than 1,000 registered bidders and their guests. Broad Arrow Auction’s total sales doubled last year’s total ($31M in 2023).
Among the top lots sold were the 1967 Ford GT40, which sold for $4,405,000, and the 2022 Bugatti Chiron Pur Sport, selling for $4,047,500. Other notable collection highlight sales across the two days include from the Racer X Collection offered on Friday evening which consisted of 12 cars, all of which were sold including the 1966 Shelby 427 S/C Cobra which sold post-auction after the first day. Meanwhile on Saturday, the Gregorie Neck Collection posted strong results for the genre with sales led by the 1938 Mercedes-Benz 540K Cabriolet by Norrmalm for $1,435,000. An additional after sale of note was the 1959 Porsche 718 RSK Spyder “Lucybelle III”, which found a new home shortly after the auction.
Additional highlights from the sale included the crowd favorite 1957 Mercedes-Benz 300SL Roadster finished in the unique color of Linden green, which achieved a final price of $2,260,000. In the same vein of cars with fantastic and rare colors, the 1973 Ferrari 365 GTB/4 Daytona Spider brought an impressive $3,305,000. Rounding out the group, the Oak Green Metallic 1988 Porsche 959 SC Reimagined by Canepa sold for $3,085,000.
Photo Credit: D. Paul Graham
Photo Credit: D. Paul Graham
Photo Credit: D. Paul Graham
Photo Credit: D. Paul Graham
Top Ten Auction Results from the Two-Day Event (All prices inclusive of Buyer’s Premium)
1 – 1967 Ford GT40 – $4,405,000
2 – 2022 Bugatti Chiron Pur Sport – $4,047,500
3 – 1973 Ferrari 365 GTB/4 Daytona Spider – $ 3,305,000
4 – 1988 Porsche 959 SC Reimagined by Canepa – $3,085,000
5 – 2021 Lamborghini Sian – $2,645,000
6 – 1957 Mercedes-Benz 300 SL Roadster – $2,260,000
7 – 2022 Hennessey Venom F5 – $2,205,000
8 – 2020 McLaren Speedtail – $2,067,500
*1959 Porsche 718 RSK Spyder “Lucybelle III”– Sold After Auction, within the Top Ten
*1966 Shelby 427 S/C Cobra – Sold After Auction, within the Top Ten
Broad Arrow Auctions next event will take place with Air|Water on Saturday, April 27th, in Costa Mesa, CA and feature approximately 70 Porsches, similar to the Broad Arrow Porsche 75th Anniversary Auction held in 2023 at the Porsche Experience Center in Atlanta, Georgia. Early consignments for the single marque auction include the Le Mans Class-Winning 1969 Porsche 908/02 LH Spyder. Additional information on the auction can be found here.
About Broad Arrow, a Hagerty Company – Broad Arrow, a Hagerty (NYSE: HGTY) company, is an advisor, market maker, and financier for car collectors with a commitment to integrity, trust, and innovation. Broad Arrow operates Broad Arrow Auctions, Broad Arrow Capital, and Broad Arrow Private Sales (formerly Collectors Garage) and is headquartered in Grosse Pointe, Michigan. For more information, please visit connect with us on Facebook, Instagram, Twitter and LinkedIn. https://www.broadarrowauctions.com/
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