Broad Arrow Auctions Passion for the Drive: The Cars of Jim Taylor

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Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, hosted the successful auction of its first dedicated single-owner offering on 14-15 October, ‘Passion for the Drive: The Cars of Jim Taylor’. The two-day auction reached $21,258,415 in total sales with 99 percent of lots sold, including 131 motor cars and over 500 lots of automobilia, offered nearly entirely without reserve.

Broad Arrow saw strong bidder turnout, with more than 1,000 registered bidders remotely over the phones and via the internet, as well as in the Gloversville, NY auction room. This resulted in strong prices, including the top-seller of the weekend, a 1961 Mercedes-Benz 300 SL Roadster. The well-sorted car was equipped with many desirable factory features, eventually selling for a final $1,820,000, well-exceeding its pre-sale estimate of $1,200,000 to $1,400,000.

It was a pleasure working with Broad Arrow Group and I’m pleased with the results, said Jim Taylor following the auction. Everybody worked hard and did a great job. I’m happy not only to see my cars and memorabilia go to good new homes but also to see several items remain local to the area.

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