Hagerty(US:HGTY) Globenewswire·2025-11-03 18:48Core Insights - Broad Arrow Auctions successfully held its inaugural Las Vegas Auction on October 31, 2025, achieving a total sales amount of $13.7 million with an impressive 82% sell-through rate [1][2][4] Auction Performance - The auction featured a total sales figure of $13,716,840, with 82% of the lots sold, indicating strong demand and participation [2] - More than one third of the bidders were first-time participants in a Broad Arrow auction, showcasing the auction's ability to attract new collectors [2] Notable Sales - The highlight of the auction was the sale of a 2010 Bugatti Veyron EB 16.4 Coupe, which sold for $2,205,000, setting a new world record for a standard Veyron at auction, surpassing its pre-sale estimate of $1.5 million to $1.8 million [3][6] - Other significant sales included a 1962 Mercedes-Benz 300 SL Roadster, which sold for $1,831,000 (estimate: $1.45 million to $1.6 million) and a 1965 Aston Martin DB5 Vantage, which fetched $1,116,000 (estimate: $850,000 to $1 million) [4][6] Market Trends - The auction results reflect a growing market demand for original, unmodified supercars, particularly the Bugatti Veyron, which has seen increased interest over the past year [4] - Classic cars, especially best-of-category examples, continue to attract discerning collectors, as evidenced by the strong performance of post-War classics at the auction [4][5] Future Outlook - Broad Arrow Auctions plans to expand its global footprint and bring its auction experience to new regions in 2026, following the success of its Las Vegas event [6]