Broad Arrow Starts 2025 Strong with $14.5 Million in Total Sales for The Academy of Art University Collection Auction

Core Insights - Broad Arrow Auctions successfully launched its 2025 auction calendar with The Academy of Art University Collection Auction, achieving total sales of $14.5 million from 105 collector cars sold without reserve [1][2][3] Auction Highlights - The auction featured enthusiastic bidding from 13 countries, with over 50$1,490,000, exceeding its estimate of $1,200,000 -$1,500,000 [2][3] - Other notable sales included a 1933 Chrysler Custom Imperial Phaeton at $1,039,000 and a 1937 Squire Drophead Coupe at$643,000, both surpassing their estimates [3][4] Company Performance - Caroline Cassini, Senior Car Specialist at Broad Arrow, emphasized the strong demand for classic collector cars, indicating the company's expertise in matching cars with buyers [3] - The auction demonstrated continued enthusiasm for the classic car market, with many lots fiercely contested by bidders [3] Upcoming Events - Broad Arrow Auctions will focus on its third annual Amelia Auction scheduled for March 7-8, featuring over 165 collector cars, including notable Le Mans legends [5]