Broad Arrow Auctions Radius Monterey 2023 - declining euphoria?

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Created on August 25, 2023

Reading time 4min

Written by:

Bruno von Rotz

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Broad Arrow Auctions

132

Broad Arrow Auctions

132

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Peugeot Type BP1 Bébé (1911) - als Lot 101 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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MG TC (1948) - als Lot 102 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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E-M-F Model 30 5-Passenger Touring (1909) - als Lot 105 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ford Saleen Mustang (1987) - als Lot 108 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari Testarossa (1987) - als Lot 109 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Honda NSX Type R (1995) - als Lot 110 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Vector Avtech WX-3 Prototype (1993) - als Lot 111 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Lancia Delta Integrale Evoluzione II 16V “Blu Lord” (1994) - als Lot 112 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 911 Carrera RS 2.7 M471 “Lightweight” Safari Rallye (1973) - als Lot 114 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 550 Maranello (2000) - als Lot 115 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 911 Turbo Coupe (1987) - als Lot 116 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Dino 246 GTS (1973) - als Lot 118 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Bentley Mark VI Graber Drophead Coupe (1953) - als Lot 120 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 288 GTO (1985) - als Lot 121 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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BMW Alpina B6 2.7 (1986) - als Lot 123 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 911 Turbo S (1997) - als Lot 124 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 924 Carrera GTS Clubsport (1981) - als Lot 125 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Lagonda Rapier Sports Special (1935) - als Lot 126 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Shelby GT350 R (1965) - als Lot 127 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Maserati 3500GT Moretti Coupe (1962) - als Lot 128 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Rolls-Royce Silver Wraith Freestone & Webb Convertible Sedan (1954) - als Lot 129 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Mercedes-Benz 300 SL Roadster (1957) - als Lot 131 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Isdera Imperator 108i (1991) - als Lot 132 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Citroën DS 21 Concorde (1965) - als Lot 133 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Cadillac Eldorado Brougham Town Car (1956) - als Lot 138 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 575 Superamerica (2005) - als Lot 139 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Aston Martin DB2/4 MK I Saloon (1954) - als Lot 141 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 250 GT Lusso Berlinetta (1964) - als Lot 143 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Aston Martin 1.5L Works Team Car "LM3" (1929) - als Lot 144 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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BMW Z8 (2002) - als Lot 145 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Lancia Rally 037 "Stradale" (1982) - als Lot 147 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Iso Grifo (1967) - als Lot 148 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari F50 (1995) - als Lot 149 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Toyota 2000GT (1967) - als Lot 151 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Aston Martin DB5 (1965) - als Lot 153 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 928 GTS (1993) - als Lot 155 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Lancia B24 Spider America (1955) - als Lot 156 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Dino 206 GT (1968) - als Lot 157 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Siata 208CS Balbo Berlinetta (1953) - als Lot 165 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari F512 M (1996) - als Lot 166 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Maserati A6G/54 Zagato Berlinetta (1956) - als Lot 167 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Mercedes-Benz 300 SL "Gullwing" Coupe (1956) - als Lot 171 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 365 GTB/4 "Daytona" (1971) - als Lot 173 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 348 LM (1993) - als Lot 174 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Peugeot 205 Turbo 16 Talbot Sport Clubman (1984) - als Lot 176 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche RS Spyder Evo (2007) - als Lot 177 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 512 BBi (1983) - als Lot 180 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari 365 GTC/4 (1972) - als Lot 182 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 911 Turbo Slantnose Coupe (1987) - als Lot 183 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Bentley 3-Liter Wylder Sports Tourer (1929) - als Lot 186 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Porsche 911 "Soft Window" Targa (1968) - als Lot 187 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Autozam AZ-1 (1992) - als Lot 188 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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BMW Alpina C1 2.3 (1984) - als Lot 201 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Citroen 2CV 4x4 "Sahara" (1963) - als Lot 203 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Volkswagen Type 2 '23-Window' Sunroof Deluxe Microbus (1958) - als Lot 204 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Mercedes-Benz SL 500 (1999) - als Lot 207 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari Testarossa (1987) - als Lot 213 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Chevrolet Corvette (1958) - als Lot 215 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Shelby GT500 (1967) - als Lot 216 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Chrysler 300 G Convertible (1961) - als Lot 218 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Packard 1901 One Twenty Station Wagon (1941) - als Lot 222 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Kaiser-Darrin Roadster (1954) - als Lot 224 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Chrysler Town and Country Convertible (1947) - als Lot 227 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Chevrolet Yenko Super Camaro SS (1967) - als Lot 228 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Cunningham C3 Vignale Coupe (1953) - als Lot 229 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Terraplane 72 Super Convertible Brougham (1937) - als Lot 231 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Packard 1703 Super Eight Darrin Convertible Victoria (1939) - als Lot 232 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Cadillac Series 90 V-16 Fleetwood Town Sedan (1938) - als Lot 233 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Buick Skylark (1954) - als Lot 237 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Cadillac Model M Coupe (1907) - als Lot 240 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Duesenberg Model J Hibbard & Darrin Transformable Cabriolet (1930) - als Lot 241 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Mercedes-Benz 600 Pullman Landaulet (1966) - als Lot 248 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Mercedes-Benz 300 SL Roadster (1957) - als Lot 251 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Rolls-Royce Silver Ghost Newmarket Brewster & Co Convertible Sedan (1924) - als Lot 253 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Ferrari Testarossa (1986) - als Lot 256 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Cadillac V-16 Fleetwood Aerodynamic Coupe (1934) - als Lot 258 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Packard 1107 Twelve Coupe Roadster (1934) - als Lot 259 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Stutz DV-32 Weymann Super Bearcat (1932) - als Lot 261 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Delage D8-120 Letourneur et Marchand Coach JeLM (1937) - als Lot 263 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Talbot-Lago T120 Cabriolet d'Usine (1938) - als Lot 265 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Delage D8-120 Chapron Cabriolet (1937) - als Lot 266 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Talbot-Lago T150 C Conduite Intérieure d'Usine (1939) - als Lot 267 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Rolls-Royce Phantom V James Young Sedanca De Ville (1962) - als Lot 268 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Alfa Romeo 6C 2500 SS Touring-Style Berlinetta Aerodinamica (1939) - als Lot 269 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Lagonda LG45 Rapide Sport Tourer (1937) - als Lot 271 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Dino 246 GT (1970) - als Lot 273 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Duesenberg Model J Murphy Convertible Sedan (1930) - als Lot 274 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Aston Martin DB5 (1965) - als Lot 275 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Bugatti Type 57C Atalante (1937) - als Lot 276 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Hispano-Suiza J12 d'Ieteren Frères Cabriolet (1936) - als Lot 278 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Rolls-Royce Phantom II Brewster & Co Henley Roadster (1932) - als Lot 280 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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Mercedes-Benz 500 K Cabriolet A (1935) - als Lot 282 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

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On August 18, 2022, the new auction house Broad Arrow Auctions held its first auction during Monterey Car Week. Of 90 cars, 79 (87.8 %) were sold at the time, for an average of USD 682,206. Now, of course, it was exciting to see how things would go the second time around.

Bild Chrysler Town and Country Convertible (1947) - als Lot 227 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

On August 17 and 18, 2023, BAA offered 169 vehicles worth around one hundred million. However, things didn't go quite as well as the first time. 142 cars, or 84%, were sold, but the Monterey Jet Center only generated a good half of the targeted turnover, a total of USD 57.6 million. On average, interested parties offered 79% of the median estimate. Of the vehicles offered with a reserve price, 60% were "no reserve" and just 58% found a new garage.

Compared to the other auction houses, however, BAA did not do badly overall, with sales rates falling there too.

Porsche, Mercedes-Benz and Ferrari

Only around a third of the vehicles on offer came from American manufacturers, so it was no surprise that the brands most strongly represented were Porsche (21 vehicles), Mercedes-Benz (16) and Ferrari (14, plus 3 Dino).

Bild Porsche 924 Carrera GTS Clubsport (1981) - als Lot 125 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

While 71 and 75 percent of the Porsche and Mercedes-Benz sold respectively, a sales rate of 86% and bids at 90% of the median estimate were in favor of Ferrari.

Bild Packard 1703 Super Eight Darrin Convertible Victoria (1939) - als Lot 232 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

Jaguar and Packard performed even better with nine and eight vehicles respectively. They were all sold, albeit at a considerable discount in the case of Jaguar.

Bild Ford Saleen Mustang (1987) - als Lot 108 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

Overall, the six cars from Ford were the best valued, as they were bid almost exactly at the estimated value and sold in their entirety.

The most valuable

In the end, the ten most expensive cars sold included three Ferraris, two Mercedes-Benzes and two Duesenbergs as well as a Porsche, an Oldsmobile and a Bugatti.

Bild Ferrari F50 (1995) - als Lot 149 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

Bidders paid the most for a 1995 Ferrari F50, which passed into new hands for USD 4.24 million. It was followed by a Ferrari 288 GTO from 1985 for USD 3.91 million and a Ferrari 250 GT/Lusso from 1964 for USD 2.81 million, the latter with a price well above expectations.

Bild Mercedes-Benz 300 SL "Gullwing" Coupe (1956) - als Lot 171 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

From Mercedes-Benz, a 300 SL Gullwing from 1956 for USD 1.93 million and a 500 K Cabriolet A from 1935 for USD 1.71 million made it into the top ten, and from Porsche a 918 Spyder from 2015 for USD 1.985 million.

However, only six of the ten cars previously estimated to be the most valuable were sold.

Bild Porsche RS Spyder Evo (2007) - als Lot 177 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

The Porsche RS Spyder Evo from 2007 (highest bid USD 4.7 million), the Maserati A6G/54 Zagato Berlinetta from 1956 (USD 3 million), the Porsche 911 Carrera RS 2.7 "Safari Rallye" from 1973 (USD 2.2 million) and the Mercedes-Benz 600 Pullman Landaulet from 1966 (USD 2 million), in which the British Queen and the Apollo astronauts were chauffeured, were left standing.

Bargains

Buyers paid significantly less than expected for some cars. For example, the Peugeot Type BP1 Bébé from 1911 cost only USD 5600 as a restoration object instead of the estimated USD 25,000 to 35,000.

Peugeot Type BP1 Bébé (1911)

A Mercedes-Benz 190 SL from 1961 could be had for USD 100,800 (estimate USD 175,000 to 225,000).

Bild Alfa Romeo 6C 2500 SS Touring-Style Berlinetta Aerodinamica (1939) - als Lot 269 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

A BMW Alpina C1 2.3 from 1984, an Alfa Romeo 6C 2500 SS Touring as a Berlinetta Aerodinamica from 1939, a Jaguar E-Type Series 1 from 1963, a Volkswagen Samba from 1958 and a Mercedes-Benz 560 SL from 1988 were also sold for half the expected price, so to speak.

Bild Oldsmobile F-88 Concept Car (1954) - als Lot 244 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

Even the 1954 Oldsmobile F-88 concept car could be bought considerably cheaper than estimated, USD 1.765 million was enough despite an estimated value of USD 2 to 3 million).

Super classics in the frame

The just over 72 super classics on offer sold just as well as the rest of the range, and they differed only slightly from the other vehicles in terms of estimated value.

Bild Citroën DS 21 Concorde (1965) - als Lot 133 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

Lovers of special bodies were able to strike comparatively cheaply, as a 1965 Citroën DS 21 Chapron Concorde cost only USD 78,400 (instead of USD 125,000 to 150,000). And a 1953 Cunningham C3 Vignale, estimated at between USD 800,000 and 1 million, was available for USD 610,000.

Bild Dino 206 GT (1968) - als Lot 157 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

The three Dino 206/246 GT/GTS, which were estimated to be quite expensive, were all sold, but in some cases for considerably less than the estimate.

A 1953 Bentley Mark IV Graber DHC estimated at between USD 425,000 and 475,000 sold for USD 350,000.

Expensive Honda

The buyer paid USD 632,000 (EUR 581,440, CHF 556,160) for a 1995 Honda NSX Type R. Hardly ever before has an NSX reached such a price.

Bild Honda NSX Type R (1995) - als Lot 110 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

However, according to the BA, only 483 examples of the right-hand drive Type R were built between 1992 and 1995 and the mileage of the white mid-engined coupé on offer was only 7000 km.

Bild Toyota 2000GT (1967) - als Lot 151 angeboten an der Broad Arrow Auctions Radius Monterey Versteigerung am 17./18. August 2023

Toyota's exotic competitor, the 2000 GT from 1967, nevertheless cost a little more, namely USD 940,000.

Note: More than half a dozen of the cars on offer were only sold after the auction closed. In this case, the sales prices had to be estimated on the basis of the last bid.

Offered and Sold Vehicles

The following table lists all offered and sold vehicles with estimated prices, highest bids, and sale prices. The price conversion was made at the exchange rate valid on the auction day. All information is provided without guarantee.

Lot	Car	Year	USD Est from	USD Est to	USD HP	USD SP	CHF SP	EUR SP	% Est	S
101	Peugeot Type BP1 Bébé	1911	25'000	35'000	5000	5600	4928	5152	-81.33%	V
102	MG TC	1948	35'000	45'000	32'000	35'840	31'539	32'972	-10.4%	V
103	Jaguar XK120 Fixed Head Coupe	1952	75'000	100'000	50'000	56'000	49'280	51'520	-36%	V
104	Packard Six Model 5-26 Runabout	1927	75'000	125'000	50'000	56'000	49'280	51'520	-44%	V
105	E-M-F Model 30 5-Passenger Touring	1909	30'000	40'000	17'000	19'040	16'755	17'516	-45.6%	V
106	Austin-Healey 3000 MK III BJ8	1966	50'000	70'000	49'000	54'880	48'294	50'489	-8.53%	V
107	Packard Eight Deluxe Convertible Victoria	1932	150'000	200'000	140'000	156'800	137'984	144'256	-10.4%	V