Broad Arrow Auctions Achieves Nearly $55.3 Million in Sales at Inaugural Monterey Jet Center Event
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, today announced that sales from its first ever auction event on 18 August at the Monterey Jet Center totaled $55,256,900 with 88 percent of all 93 lots on offer sold.
The Thursday auction was held in conjunction with Hagerty’s reimagined Motorlux event (formerly McCall’s Motorworks Revival) on Wednesday evening, with thousands of guests across the two events viewing the cars on offer.
The packed auction room saw bidders joining from around the world, both in person and via telephone, internet, and absentee bids. Auction veteran, Lydia Fenet, commanded the room from the rostrum, making her debut as Principal Auctioneer for Broad Arrow.
This was an incredible debut, and we are tremendously grateful for the trust and support of our consignors, bidders, and the collector car community," said, Kenneth Ahn, CEO of Broad Arrow Group & President of Hagerty Marketplace. "This event was not only an important debut for establishing Broad Arrow as one of the premier auction houses in the industry, but it was also our first collaborative event under Hagerty's stewardship. We expected a strong sale given the quality or cars we had on offer, but the sell-through rate and prices achieved on many cars exceeded our expectations. We look forward to hosting a series of world class events and auctions, including at The Amelia, to better serve car collectors and enthusiasts globally."
"We are very excited about the success of the inaugural Broad Arrow auction," saed McKeel Hagerty, CEO of Hagerty. "The quality and diversity of the offerings clearly hit the mark with buyers and validated the trends we are seeing in the marketplace. If anyone had any questions about wether this would be a strong year in the collectible car market, this week proved that demand is strong and there are cars available for every taste."
Auction Results
| Lot 1 | Amalgam Model Art Car Porsche 356 Speedster | Sold For: $6,000 | |
| Lot 2 | Chopard Mille Miglia GTS Luftgekühlt Edition Watch | Sold For: $22,800 | |
| Lot 3 | 2008 | Audi R8 | Sold For: $123,200 |
| Lot 4 | 1958 | Volkswagen Karmann Ghia | Sold For: $106,400 |
| Lot 5 | 1995 | Ferrari F355 Berlinetta | Sold For: $196,000 |
| Lot 6 | 1965 | Shelby GT350 | Sold For: $395,000 |
| Lot 7 | 1976 | Porsche 914 | Sold For: $44,800 |
| Lot 8 | 2012 | Mercedes-Benz C63 AMG Black Series | Sold For: $156,800 |
| Lot 9 | 2015 | Porsche 918 Spyder | Sold For: $1,930,000 |
| Lot 10 | 2020 | Ferrari 488 Pista Spider | Sold For: $885,000 |
| Lot 11 | 2018 | Ferrari California T "70 Anni" | Sold For: $417,500 |
| Lot 12 | 2018 | Ferrari 812 Superfast | Sold For: $390,000 |
| Lot 13 | 2006 | Ford GT | Sold For: $434,000 |
| Lot 14 | 2015 | Ferrari LaFerrari | Sold For: $3,910,000 |
| Lot 15 | Hublot Titanium MP-05 La Ferrari Tourbillion Watch | Sold For: $123,200 | |
| Lot 16 | 1960 | Cadillac Eldorado Biarritz Convertible | Sold For: $168,000 |
| Lot 17 | 1967 | Jaguar E-Type Series 1 4.2 Roadster | Still Available |
| Lot 18 | 1964 | Aston Martin DB5 | Sold For: $2,425,000 |
| Lot 19 | 1950 | Jaguar XK120 Alloy Roadster | Still Available |
| Lot 20 | 1989 | Lamborghini Countach 25th Anniversary | Sold For: $555,000 |
| Lot 21 | 1990 | Ferrari F40 | Sold For: $1,985,000 |
| Lot 22 | 1954 | Bentley R-Type Continental H. J. Mulliner Sports Saloon | Still Available |
| Lot 23 | 1958 | Porsche 356 A Speedster | Sold For: $362,500 |
| Lot 24 | 1991 | Jaguar XJR-15 | Sold For: $1,380,000 |
| Lot 25 | 1997 | Lamborghini Diablo VT Roadster | Sold For: $335,000 |
| Lot 26 | 1967 | Toyota 2000GT | Sold Privately |
| Lot 27 | 1930 | Duesenberg Model J Willoughby Limousine | Sold For: $1,000,000 |
| Lot 28 | 1934 | SS Cars SS 1 Tourer | Sold For: $224,000 |
| Lot 29 | 1957 | Ferrari 250 GT LWB Berlinetta Scaglietti "Tour de France" | Sold For: $5,500,000 |
| Lot 30 | 1959 | Fiat 500 Jolly | Sold For: $123,200 |
| Lot 31 | 1957 | Bentley Continental S.1 H. J. Mulliner Fastback Sports Saloon | Sold For: $1,215,000 |
| Lot 32 | 1974 | Ferrari Dino 246 GTS | Sold For: $401,000 |
| Lot 33 | 1995 | Ferrari F50 | Sold For: $5,175,000 |
| Lot 34 | 1939 | Mercedes-Benz 540 K Spezial Roadster | Still Available |
| Lot 35 | 1984 | Ferrari 512 BBi | Still Available |
| Lot 36 | 1966 | Rolls-Royce Phantom V James Young Sedanca de Ville | Sold For: $445,000 |
| Lot 37 | 2002 | Ferrari 575M | Sold For: $390,000 |
| Lot 38 | 1972 | Ferrari 246 GT Dino | Sold For: $425,000 |
| Lot 39 | 2011 | Ferrari 599 GTO | Sold For: $967,500 |
| Lot 40 | 1971 | Mercedes-Benz 600 LWB Landaulet | Sold For: $2,590,000 |
| Lot 41 | 1969 | Maserati Ghibli | Sold For: $173,600 |
| Lot 42 | 1931 | Chrysler CG Imperial Seven-Passenger Sedan | Sold For: $90,000 |
| Lot 43 | 2016 | RUF Turbo Florio | Sold For: $709,000 |
| Lot 44 | 2000 | Ferrari 550 Maranello | Sold For: $324,000 |
| Lot 45 | 1957 | Ford Thunderbird E-Code | Sold For: $61,600 |
| Lot 46 | 1999 | Bentley Azure | Sold For: $78,400 |
| Lot 47 | 1959 | Chevrolet Corvette | Sold For: $84,000 |
| Lot 48 | 1967 | Shelby GT500 Fastback | Sold For: $224,000 |
| Lot 49 | 1981 | BMW M1 | Sold For: $692,500 |
| Lot 50 | 2006 | Ford GT | Sold For: $445,000 |
| Lot 51 | 1967 | Chevrolet Corvette 427/435 Convertible | Sold For: $128,800 |
| Lot 52 | 1970 | Mercedes-Benz 280 SL "Pagoda" | Sold For: $134,400 |
| Lot 53 | 2005 | Mercedes-Benz SLR McLaren | Sold For: $395,500 |
| Lot 54 | 1956 | Mercedes-Benz 300 SL "Gullwing" | Sold For: $1,627,500 |
| Lot 55 | 1965 | Jaguar E-Type Series 1 4.2 Roadster | Sold For: $179,200 |
| Lot 56 | 1993 | Jaguar XJ220 | Sold For: $555,000 |
| Lot 57 | 1958 | AC Ace Bristol | Sold For: $263,200 |
| Lot 58 | 1961 | Aston Martin DB4 | Sold For: $390,000 |
| Lot 59 | 1967 | Lamborghini 400 GT Interim | Sold For: $654,000 |
| Lot 60 | 1970 | Ferrari 365 GTB/4 Daytona Coupe | Sold For: $555,000 |
| Lot 61 | 2008 | Tesla Roadster | Sold For: $128,800 |
| Lot 62 | 2012 | Lexus LFA Nürburgring Package | Sold For: $1,600,000 |
| Lot 63 | 1960 | Porsche 356 B Cabriolet | Sold For: $145,600 |
| Lot 64 | 2007 | Porsche 911 Turbo | Sold For: $106,400 |
| Lot 65 | 1987 | Porsche 959 Komfort | Sold For: $187,5000 |
| Lot 66 | 2011 | Porsche 911 GT3 RS 4.0 | Sold For: $885,000 |
| Lot 67 | 2005 | Porsche Carrera GT | Sold For: $1,765,000 |
| Lot 68 | 1959 | Cadillac Eldorado Biarritz Convertible | Sold For: $224,000 |
| Lot 69 | 2002 | BMW Z8 | Sold For: $302,000 |
| Lot 70 | 1932 | Ford Model 18 Roadster Hot Rod | Sold For: $84,000 |
| Lot 71 | 1962 | Rolls-Royce Silver Cloud II H.J. Mulliner Drophead Coupe | Sold For: $212,800 |
| Lot 72 | 1972 | Honda Z600 Coupe | Sold For: $56,000 |
| Lot 73 | 2013 | Mercedes-Benz G500 Cabriolet Final Edition | Sold For: $490,000 |
| Lot 74 | 1930 | Cadillac V-16 Roadster | Still Available |
| Lot 75 | 2019 | Koenigsegg Regera | |
| Lot 76 | 1964 | Jaguar E-Type Series 1 3.8 Coupe | Still Available |
| Lot 77 | 1968 | Meyers Manx | Sold For: $78,400 |
| Lot 78 | 1953 | Oldsmobile 98 Convertible | Sold For: $65,000 |
| Lot 79 | 1969 | Lamborghini Miura P400 S | Sold Privately |
| Lot 80 | 1949 | Buick Roadmaster | Sold For: $75,600 |
| Lot 81 | 1965 | Shelby 427 S/C Cobra Alloy Continuation | Sold For: $274,400 |
| Lot 82 | 1997 | Ferrari F355 Spider | Sold For: $145,600 |
| Lot 83 | 1963 | Volkswagen Beetle | Sold For: $106,400 |
| Lot 84 | 2017 | Ferrari F12berlinetta "70 Anni" | Sold For: $500,000 |
| Lot 85 | 1994 | BMW 850 CSi | Sold For: $134,400 |
| Lot 86 | 1971 | Mercedes-Benz 280 SE | Sold For: $132,500 |
| Lot 87 | 2005 | Ferrari 575M Superamerica | Sold For: $335,000 |
| Lot 88 | 2019 | Porsche 911 GT2 RS Clubsport | Still Available |
| Lot 89 | 1996 | Lamborghini Diablo VT | Sold For: $310,000 |
| Lot 90 | 1958 | Jaguar XK150 Coupe | Still Available |
| Lot 91 | 2005 | Riley MK XI Daytona Prototypes + 2002 Featherlite 53 ft Racing Transporter | Still Available |
| Lot 92 | 1926 | Mercedes-Benz 15/70/100 PS | Sold For: $50,400 |
| Lot 93 | 1969 | MG MGC/GT | Sold For: $28,000 |
