Broad Arrow, Amelia Island, March 1-2, 2024

Broad Arrow made its mark at Amelia in its second year with more cars, better sell-through rate and more money, much more money, as in $25 million (83.8%) more.

Now entering its third year following its emergence from a core group of former RM Sotheby’s specialists and executives, Broad Arrow has established itself as a viable, important and highly visible factor among collector car auctions.

At Amelia alone this year it had twenty lots bid to $1 million or more. Thirteen were sold for a total including commission of $30,755,000, more than last year’s entire Amelia auction total.

In addition to its signature auctions at Monterey and Amelia (both, it should be pointed out, being at Hagerty-owned events) it has achieved success with its single owner sale of the Jim Taylor collection and its single marque sale of Porsches at the Porsche Experience Center in Atlanta last year. It will further plumb the Stuttgart connection later this year with a Porsche auction at the Luftgekühlt (now Anglicized as “Air|Water” [leaving out only Earth and Fire from encompassing the four elements of the ancient world]) gathering in Costa Mesa, California April 27, part of a larger cooperation between Hagerty and the Porsche Club of America.

Nothing if not adept at filling its Broad Arrow quiver with Porsche arrows, the Amelia auction had 24 Porsches (including two RUFs) among its consignments, 16.1% of the total. Nineteen of them sold, a Porsche sell-through of 79.2%. Broad Arrow’s Porsche consignment surpassed even Gooding & Company’s, long the Porsche-centric Amelia auction, which had 22 Porsches (and RUFs) out of 126 consignments.

Here are the numbers:

Year Cars Sold/ Offered Sale % Sold < Low Est Sold > High Est Average Sale Median Sale Total $
2024 131/149 87.9% 53.7% 6.7% $416,535 $142,500


2023 83/109 76.2% 57.8% 8.4% $357,765 $173,600



Onsite observations and photos are by Andrew Newton and Greg Ingold. Transaction descriptions are sorted by lot number.

Lot # 103 1995 Honda Integra Type-R 4-Dr. Sedan; S/N DB81100632; Championship White/Black with Red stitching; Estimate $40,000 – $60,000; Unrestored original 2- condition; No Reserve; Hammered Sold at $45,000 plus commission of 12.00%; Final Price $50,400. – RHD. 1,797/197hp, 5-speed, white alloy wheels, Yokohama tires, air conditioning, Recaro seats, aftermarket Pioneer head unit. – JDM model imported here in 2019. Represented as 33,718 km (20,951 miles). Very good paint and body, the engine compartment shows little aging from use and the interior is near immaculate. A beautifully cared for Type R sedan. – The Integra Type-R only came to the U.S. briefly, badged as an Acura, and in two-door hatchback form. The model has a longer history abroad, and now that the earlier Integra and similar Civic Type-Rs are eligible to import here, they’ve been making their way over. Even if this example is a less desirable sedan, its relatively low mileage and clean, stock condition were enough to impress the bidders at the Ritz. It sold on Bring-a-Trailer in March 2021 for $45,500 all-in and this is still a strong price for it.

Lot # 107 1989 Mercedes-Benz 190E 2.5 16v Cosworth 4-Dr. Sedan; S/N WDB2010361F595960; Blue Black/Black leather; Estimate $80,000 – $100,000; Unrestored original 2- condition; No Reserve; Hammered Sold at $92,500 plus commission of 12.00%; Final Price $103,600. – 2,498/195hp, 5-speed, EVO I, AMG power pack, aftermarket head unit. – Showing 11,294 km (7,012 miles). One of 502 Evolution I models built. Very good paint overall with no obvious blemish, the mechanicals are excellent and the interior presents well, however the driver’s seat does show notable wear. An attractive car with very little apparent use. – Lightly used and well-maintained, this little pocket rocket from Mercedes with its dual overhead camshaft Cosworth-developed head, fuel injection and 5-speed is a not so secret performance car that will turn other drivers’ heads, particularly on twisty roads. In both specifications and condition it is a fine example and brought a healthy premium for the low mileage and condition.

Lot # 112 1991 BMW M3 Convertible; S/N WBSBB05030EB86529; Diamond Black Metallic/Silver leather; Black cloth top; Estimate $160,000 – $200,000; Unrestored original 2+ condition; No Reserve; Hammered Sold at $160,000 plus commission of 12.00%; Final Price $179,200. – 2,302/195hp, 5-speed, Pirelli tires, power windows. – Rare E30 M3 convertible, never sold in this country and just 786 were built total. Showing 1,183 km and pretty much like new. – The first gen M3 convertible is a bit of an odd duck. It’s rare, especially in this country where it never sold when new, but it’s also not a particularly attractive car in droptop form and chopping the roof off a taut driver’s car like the E30 M3 sort of defeats the purpose. The bidders were taken with it, and it sold for near enough to what a normal US-spec coupe with this condition and mileage normally would.

Lot # 122 1988 BMW M3 Evolution II Coupe; S/N WBSAK010602191899; Macao Blue Metallic/Gray leather with Silver Uberkaro cloth inserts; Estimate $150,000 – $180,000; Unrestored original 2- condition; With Reserve; Hammered Sold at $135,000 plus commission of 12.00%; Final Price $151,200. – 2,302/220hp, 5-speed, Dunlop Direzza tires, power windows. – Number 463 of 500 Evolution II models built. Sold new in France. Showing 177,583 km (110,345 miles) and represented with $40K in recent detailing and service work. Scratch on the front air dam. Otherwise good paint and lovely interior. – Compared to the Evo I, the M3 Evo II made changes to the cam, pistons and compression ratio, and added both a lightweight flywheel and reduced final drive for higher top speed. Evo Is and IIs have sold for more than this before, but this car’s relatively high mileage held it back a bit. It should be rewarding for the new owner at this price, though, because they haven’t paid top dollar for it, and it has gotten a reassuring amount of recent service to make regular driving a real possibility.

Lot # 149 1997 Mitsubishi 3000 GT VR4 Hatchback; S/N JA3AN74K9VY003139; Panama Green Pearl/Tan leather; Estimate $60,000 – $80,000; Unrestored original 2- condition; No Reserve; Hammered Sold at $57,500 plus commission of 12.00%; Final Price $64,400. – 2,972/320hp, 5-speed, chrome wheels, Toyo tires, sunroof, factory cassette, books, tools, window sticker. – Represented with 7400 miles and as one of 71 in this color. Still looks fresh and gorgeous. – While the Mitsubishi 3000 GT/Dodge Stealth twins have appreciated some since 2020, their appreciation curve isn’t nearly as drastic as for some of its peers like the Toyota Supra or Mazda RX-7. This is top-dollar for one and nearly a record, much of it thanks to the rare color and low miles.

Lot # 215 1947 Delahaye 135M Roadster, Body by Guillore; S/N 800544; Dark Violet, Violet coachline/Tan leather; Violet cloth top; Estimate $650,000 – $850,000; Older restoration 2- condition; With Reserve; Not sold at Hammer bid of $350,000 plus commission of; Final Price $350,000. – RHD. 3,557/115hp, pre-selector gearbox, wire wheels, wide whitewalls, wood dash and window trim, suicide doors, rumble seat, fitted luggage. – Represented as one of three with this body style and two known survivors. Good but older paint in brilliant colors. Heavy water spots around the taillights and on the metal rear step for the rumble seat. The body side trim doesn’t all fit flush. Lovely interior. An older restoration that has lost some pop but it’s still a striking car. Would love to see someone dress to match it. – Offered by Bonhams at Paris a year ago where it was reported bid to $764,260 (Euros 700,000, this bid is Euros 323,100). The result here was a thundering face-plant, an astonishing lack of interest that begs the question, “Why not?” Rare, attractive, open coachwork and 3-carburetor power under the hood. The restoration’s age is an issue and the Paris result may be a chimera, but neither is sufficient to make this result other than a major disappointment.

Lot # 217 1993 Mercedes-Benz 500E AMG “Hammer” 4-Dr. Sedan; S/N WDB1240361B933715; Black/Black leather; Estimate $150,000 – $200,000; Visually maintained, largely original 3 condition; With Reserve; Not sold at Hammer bid of $120,000 plus commission of; Final Price $120,000. – 6L V8, sunroof, aftermarket radio, AMG Aero I wheels, Recaro seats. Comes with original bill of sale, AMG order form, service history. – Showing 291,067 km (180,861 miles). The paint is in good condition, but it is likely a repaint. The engine compartment is clean but not heavily detailed. The underbody is clean and appears touched up. Inside is lightly worn, the driver’s seat has creasing and the wood trim in the back console is cracked. A high kilometer example with touch ups at some point. – Sometimes cars show up at auctions that seem to bear no reason at all for being there, and this 500E Sedan is a good example. It’s been driven roughly five times across North America and while taking famed M-B engineering and assembly into account is still far enough to put it deep into “used car” territory. It may be a “hammer” but its striking face is well-used and depleted.

Lot # 220 1988 Porsche 959 SC Canepa Coupe; S/N WP0ZZZ95ZHS900022; Oak Green/Brown leather; Estimate $3,250,000 – $3,750,000; Original, modified for competition or performance 2+ condition; With Reserve; Hammered Sold at $2,800,000 plus commission of 10.18%; Final Price $3,085,000. – Canepa upgrades to 800 horsepower, 5-speed. – Bought for R&D purposes by Nissan in designing the original Skyline GT-R, and years later upgraded by Canepa Design. Excellent paint with no signs of use, the engine and interior are immaculate. Represented as 1,199 miles. A like-new car with good history and desirable upgrades. – Given all that, it makes sense why this car sold for so much. It’s the most anyone has ever paid at auction for a 959 road car, and only one of the Paris-Dakar Rally cars has sold for more. The whole “reimagined” thing has become like “Resto-Mod” at Barrett-Jackson, just with Porsches at the core.

Lot # 225 1971 Porsche 914/6 GT Targa; S/N 9141430141; Engine # 6531720; Orange/Black; Estimate $1,200,000 – $1,500,000; Competition restoration 3+ condition; With Reserve; Not sold at Hammer bid of $1,100,000 plus commission of; Final Price $1,100,000. – 1991cc six, 5-speed, Fuchs wheels, roll bar, rally lights and equipment. – One of three factory works cars built for the 1971 Monte Carlo rally, used as a reconnaissance car for that year’s Targa Florio, and kept by Porsche until 1973. Restored by an ex-Porsche race engineer in the 2000s. Older paint with cracks under the A-pillar, and some minor scratches to the windshield trim. The engine is mostly clean and shows light usage. The seats do show wear with some bunching to the seat material. A former works race car with the use to show for it. – In turning the six-cylinder 914/6 into the track- and rally-ready 914/6 GT, Porsche added steel fender flares to accommodate wider Fuchs alloy wheels and fitted fiberglass deck lids, rocker panels, and bumpers. Antiroll bars at both ends, 911S ventilated brakes, Plexiglas rear and side windows, an extra front oil cooler, a long-range fuel tank, and competition interior completed the package. The 914/6 GT was an accomplished car with numerous class wins in top level motorsport, and although this one never won anything, it is rare, genuine, correct and has factory race history. The reported high bid would have been a record price for a 914, but apparently the seller thinks even more highly of it or (more likely) there was a bidding vacuum in the Ritz ballroom.

Lot # 226 1954 Pegaso Z-102 Panoramica Coupe, Body by Saoutchik; S/N 1021500148; Pearl White, Silver roof/Grey leather; Estimate $750,000 – $900,000; Older restoration 1- condition; With Reserve; Not sold at Hammer bid of $650,000 plus commission of; Final Price $650,000. – 2,816/195hp V8, dual Weber 4-barrels, 5-speed, chrome wire wheels, Dunlop Racing tires, Nardi woodrim steering wheel, pushbutton Podiomatic radio, Marchal fog lights. – One of 18 Pegasos bodied by Saoutchik, Paris and Barcelona Show car, represented as the numbers-matching engine. Restoration finished in 2013 and Most Elegant Road Car at Pebble Beach in 2023. Paint and chrome are both still gorgeous. The leather on the driver’s side is lightly stretched. Otherwise this Spanish supercar still looks ready for the show field. – The Saoutchik-bodied Pegasos are nothing if not distinctive with their cutback wheel wells painted in the body color, sweeping fender lines and Saoutchik’s many details. Although built in far smaller numbers than the more conventional Touring-bodied Z-102s they are the model’s signature design, personifying Wilfredo Ricart’s advanced concept and engineering. This car is beautifully restored in colors that complement its body design. It has been judged at the highest levels and found to want nothing, except in this case a somewhat higher price than the Ritz Carlton bidders were willing to pay for it.

Lot # 229 1967 Ford GT40 Mk I Road Coupe; S/N P1069; Opalescent Silver Blue, White/Black; Estimate $4,000,000 – $5,000,000; Older restoration 3+ condition; With Reserve; Hammered Sold at $4,000,000 plus commission of 10.13%; Final Price $4,405,000. – 289 with quadruple Webers, 5-speed, Borrani wire wheels. – One of 31 Mk I GT40s built in road trim. Wound up at a Swiss dealership in period. The dealership’s owner, who also ran the Scuderia Filipinetti racing team, had the car painted and held onto it for the remainder of 1967. By 1968, though, it was back in England, road registered, and served as a test car in the British car press. After several owners and multiple repaints, it raced in historic events through the 2000s and 2010s, and has finally been refinished back in its Opalescent Silver Blue. Good older paint, there are some light swirls to the finish but not overly deteriorated. The right rear wheel center lock has peeled chrome, the engine and underbody are used and have some deterioration of finish and light oil film. The interior shows use with a rip to the driver’s seat and there is a faint smell of gasoline. It’s a vintage raced car that has held up well. – Genuine GT40s rarely come up for sale and the road cars are no different, but Mecum did just sell another blue Mk I road car this January for $6.93M. The difference is down to minute details, but in the GT40 world minutiae counts for a lot.

[Nice composition, with the palm tree growing out of the 037’s rear deck]

Lot # 236 1982 Lancia 037 Stradale Coupe; S/N ZLA151AR000000106; Red/Black cloth piped in Red; Estimate $500,000 – $600,000; Older restoration 2- condition; With Reserve; Hammered Sold at $530,000 plus commission of 10.94%; Final Price $588,000. – 1,995/205hp, 5-speed, Abarth steering wheel. – One of 207 Stradale versions. Restored in 2017 by ex-factory Lancia technicians. Very good paint. Clean wheels and tires. Factory panel fit. Very good interior. Nothing overdone, just a very well presented road-going example of Lancia’s first Group B World Rally weapon and the last RWD car to win the WRC. – While some of the actual rally cars as well as some perfectly preserved Stradale versions have sold for more, this is still a solid price. Bonhams sold it in 2018 for $451,000, but this result reflects both inflation and the growing interest in the wild machinery of the Group B era.

Lot # 239 1959 Porsche 718 RSK Spyder, Body by Wendler; S/N 718024; White/Tan; Estimate $3,500,000 – $4,500,000; Competition restoration 2- condition; With Reserve; Not sold at Hammer bid of $3,200,000 plus commission of; Final Price $3,200,000. – 1,498/160hp, 5-speed, Marchal fog lights. – Great race history, at Le Mans and in the US in period. It has been restored back to its Le Mans livery, flat white paint and all. There are some paint chips up front but that’s all part of the charm and it’s otherwise gorgeous. – Sold by Gooding at Pebble Beach in 2018 for $3,740,000 and offered there again in 2022 with a reported high bid of $3.9 million. Impossible to criticize in any meaningful way, in either condition or racing history, this is a solid example of an RSK and it is not a surprise that the hammer bid of $3.2 million on the block was insufficient to separate it from its consignor. It was reported sold after the auction at an undisclosed price and whatever was paid this is a solid value.

Lot # 244 1961 Jaguar XKE SI Flat Floor Roadster; S/N 875231; Engine # R1346-9; Black/Black; Black top; Estimate $225,000 – $275,000; Older restoration 2- condition; With Reserve; Hammered Sold at $220,000 plus commission of 12.00%; Final Price $246,400. – 3,781/265hp, 4-speed, wire wheels, outside bonnet latches, welded louvers, woodrim steering wheel, Blaupunkt radio. – One of 385 lefthand drive roadsters with flat floor, welded louvers and outside latches. Represented as matching numbers. Was a 100-point JCNA show 2001. Today there are no major issues, but there is condensation behind the headlights and marker lenses, the top shows wrinkling as well as stretching around the top frame, scratches in the side glass, and some wear to the switchgear. The configuration is desirable and its condition mostly good, and though the top quality restoration is reassuring, its high scoring concours appearance is from so long ago that it is of diminishing relevance. – Gooding sold this car here six years ago for $320K fresh from restoration, but E-Type prices haven’t moved all that much since then and this one’s restoration has aged while the odometer has added only 120 miles since 2018. This is a fair result, all things considered; XKE prices haven’t moved much, but neither has this XKE.

Lot # 257 1973 Ferrari 365 GTS/4 Daytona Spider, Body by Pininfarina-Scaglietti; S/N 16857; Blu Dino Metallic/Tan leather; Black cloth top; Estimate $2,800,000 – $3,200,000; Older restoration 2- condition; With Reserve; Hammered Sold at $3,000,000 plus commission of 10.17%; Final Price $3,305,000. – 4,390/352hp, 5-speed, Borrani wheels, Becker Mexico cassette stereo, Veglia air conditioning, power windows, painted nose panel, popup lights, tools. – Ferrari Classiche Red Book certified, Massini Report, best in show 2018 Concorso Ferrari in Palm Beach, Amelia award for Scaglietti production class in 2020. Good paint overall, with no serious damage age to the finish from use, the chrome appears redone and presents well, the windshield trim has a small blemish on the right side and there is excessive sealer squeezed out from the top trim piece where the convertible top meets the windshield frame, the engine and underbody are clean, fully restored and presents well, and the interior only hints at minor usage, however the gauge lenses appear old and partially fogged from age. A beautiful restoration with few things to nitpick. – Just 121 genuine Daytona Spiders were built. This one sold out of the Don Davis Collection in 2013 for $1,650,000 when it was Red, but the market for them is different, and surprisingly high, today. Gooding sold another Daytona Spider in a rare color for a very similar $3,365,000 earlier in the week. One surprisingly high price can be an outlier, even on rare cars that seldom come up for sale.. Two is a more reliable suggestion of where the market is.

Lot # 260 1973 Porsche 911S Targa; S/N 9113310775; Signal Yellow/Black leatherette; Estimate $160,000 – $190,000; Older restoration 3+ condition; No Reserve; Hammered Sold at $142,500 plus commission of 12.00%; Final Price $159,600. – 2,341/181hp, 5-speed, sport seats, Fuchs wheels, Vredestein tires, pushbutton radio, factory tinted glass, Koni shocks, limited slip, Porsche CofA documented. – Represented as matching numbers and restored in original colors. Multiple scuffs on the wheels and some light surface rust on the brake hubs. Condensation behind the headlight lenses. The vinyl roof is a little wavy. Very good paint, though, and tidy underbody with newer looking exhaust. Light scratches in the side windows. A great 20-footer. – Gooding sold this car here in 2016 for $198,000, but air-cooled 911s were on a hot streak then and this car has clearly aged in the past eight years. The price in 2024 is a little bit soft given the configuration and colors, but understandable given the condition.

[Even after being Adobe Lightroomed, iPhone photos don’t deal well with brightly backlit images,]

Lot # 271 1948 Chrysler New Yorker Town & Country Convertible; S/N 7402616; Regal Maroon, wood/Highlander Plaid, Maroon leather; Tan cloth top; Estimate $125,000 – $150,000; Older restoration 2- condition; No Reserve; Hammered Sold at $95,000 plus commission of 12.00%; Final Price $106,400. – 326/135hp L-head eight, column shift Fluid Drive 3-speed, Mopar amber driving lights and twin Mopar spotlights, dual mirrors, wheel covers, whitewalls, boot cover, dash clock, heat and defrost. – Restored in original colors. Good but older paint with microblisters on the left front fender. Some of the window gaskets are loose. Clean, straight wood body panels. Beautiful interior. A few details shy of perfect. – Thoroughly and attractively restored to better than new condition and now aged a little but still and exceptionally pretty and rare automobile. The attraction of early postwar Chryslers, even Town & Countrys, is fading however and the modest price of this one reflects its limited market.

Lot # 273 1925 Locomobile Model 48 Convertible Sedan, Body by Derham; S/N 19095; Burgundy, Black fenders/Tan leather; Tan cloth top; Estimate $200,000 – $240,000; Older restoration 2- condition; No Reserve; Hammered Sold at $140,000 plus commission of 12.00%; Final Price $156,800. – 525/103hp six, 3-speed, wood artillery wheels, Firestone wide whitewalls, dual sidemount spare tires, radiator mascot, jump seats, rear seat tables, rear dash clock. – From the Gregory Neck collection. Ordered new by the managing director of JP Morgan. Class awards at Greenwich, Meadow Brook and Amelia. Very good paint with a few very minor chips and scuffs. Slightly uneven gaps. Very clean wheels and tires. Clean, tight-fitting top. Very good interior. Aged beyond concours winning condition, but still needs nothing. – Sold at the Hershey auction in 2005 for $221,100, still fresh from its restoration and concours wins. It is still an exceptional car, one of America’s finest, and with practical but still elegant Derham coachwork, a distinctive auto for showing or touring at a rewarding price.

Lot # 286 1967 Sunbeam Tiger Mk II Convertible; S/N B382100588LRXFE; Forest Green, White side stripes/Black; Black vinyl top; Estimate $110,000 – $130,000; Older restoration 2- condition; No Reserve; Hammered Sold at $115,000 plus commission of 12.00%; Final Price $128,800. – 289/200hp, 4-speed, chrome LAT alloy wheels, Michelin tires, hardtop, woodrim steering wheel, tool kit. – With the second owner since 1979. No major flaws but the paint and wheels are showing some minor age. The hardtop is in impressive condition, although the rubber around the rear glass is a little loose. A rare, factory 289-powered Mk II Tiger, in good colors and fitted with a factory hardtop. It has everything you’d want in a Tiger, and its restoration is aging well. – Plenty of lesser, 260-powered Tigers have been swapped for a 289, but genuine factory Mk II cars like this are quite rare and worth about 50 percent more than a Mk I or Mk IA. This car sold well, and it deserved to.

Lot # 288 1962 Volvo P1800 Coupe; S/N 4451; Dark Metallic Grey/Red leatherette; Estimate $75,000 – $125,000; Recent restoration 1- condition; No Reserve; Hammered Sold at $85,000 plus commission of 12.00%; Final Price $95,200. – 1,778/100hp, 4-speed, wire wheels, dash clock. – Restoration finished in 2020. A rare, very early, Jensen-built P1800. The panel fit isn’t perfect but the rest of the car is. Likely one of the best in the world and an award winner at Boca Raton in 2022 and Hilton Head in 2023. – In the early days of Volvo’s first volume-selling sports car, the company didn’t have enough capacity so it contracted Jensen in the UK to assemble the earliest batch of P1800s. The early ones had plenty of issues so Volvo canceled the contract early, moved production back home, and renamed the model 1800S (S for “Sweden”). Many of the Jensen-built cars rusted away decades ago. Seeing one at all is rare enough, and seeing one get the royal treatment in terms of restoration is even more special. It brought an expensive price, but it deserved to and it is reasonable to infer that the Jensen quality issues have been resolved.

Lot # 290 1953 Sunbeam-Talbot Alpine MKI Roadster; S/N A3013164LRX; Sapphire Blue/Light Fawn leather piped in Black; Fawn cloth top; Estimate $75,000 – $100,000; Older restoration 3+ condition; No Reserve; Hammered Sold at $57,500 plus commission of 12.00%; Final Price $64,400. – 2,267/80hp, Tremec 5-speed, hub caps and trim rings, banjo steering wheel, tach, side curtains, bumper overriders, grille guard. – Older restoration in the same colors to the one Grace Kelly drove in To Catch a Thief. Dull chrome. Older paint with a few chips. Uneven gaps. Tiny dent in the hood. Lightly worn leather and carpets. A solid older restored early Alpine. – Not to be confused with the later, Ford Thunderbird-inspired Alpine that eventually spawned the Tiger, the earlier Sunbeam Alpines are frumpier and much less sporty, but they are rarer and command surprisingly high prices. This result, which would go a long way to buying a decent Tiger, is about right for this early Alpine and the age of its restoration. Even with only 80hp the 5-speed upgrade is still useful and will be appreciated when driving.

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