Broad Arrow Auctions Amelia Island 2023 - the old in the shadow of the young
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Created on March 8, 2023
, Reading time 4min
Text:
Bruno von Rotz
Photos:
Broad Arrow Auctions
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Summary
On March 4, 2023, the still young company Broad Arrow Auctions held its first auction of the new year. There were 108 cars on offer, 81% of which were sold for an average of around USD 360,000. Young cars in particular performed well. This auction review analyzes the results and shows all the vehicles in pictures.
This article contains the following chapters
- Porsche ahead and behind Ferrari
- Young cars at the top
- Unfulfilled expectations
- Many super classics
Estimated reading time: 4min
Preview (beginning of the article)
Almost simultaneously with RM/Sotheby's, the still young auction company Broad Arrow Auctions also held a sale at the Amelia Island Concours on March 4, 2023. On offer were 108 cars worth around USD 47 million. A third of the vehicles went under the hammer without a minimum bid. 81%, i.e. 87 cars, were sold. On average, USD 357,547 was paid per car, with an average bid of 86% of the median estimate. The largest contingent of brands was Porsche, with 19 cars on offer, but only 13 of them were sold (68%). With the highest bids at 84% of the average estimated value for the entire event. Of the ten Ferraris, all were sold, with bids averaging 90% of the median estimate. A good result overall, although the sales prices were significantly lower in absolute terms than at RM.
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More about this topic
Current Market Prices (Selection)
Convertible, 170 PS, 2494 cm3
Coupe, 450 PS, 2849 cm3
null, 95 PS, 2443 cm3
null, 95 PS, 2443 cm3
Convertible, 81 PS, 2443 cm3
4-Door Sedan, 118 PS, 1779 cm3
Coupe, 118 PS, 1779 cm3
Coupe, 118 PS, 1779 cm3
Convertible, 118 PS, 1779 cm3
Convertible, 118 PS, 1779 cm3
4-Door Sedan, 80 PS, 1884 cm3
4-Door Sedan, 89 PS, 1975 cm3