Photo credit: Broad Arrow Auctions
Could you organize an auction where almost two-thirds of the lots are made up of a single car model? Well, Broad Arrow did it — and did it well — on April 26 during the “Air|Water” event, holding a Porsche-only sale that featured no fewer than 36 examples of the 911.
Some figures: 55 cars offered and 33 sold (60%). These figures show a slight drop compared to 2024: back then, 57 cars were offered before the auction and 38 changed hands, with a sell-through rate of 66.66%. Also in terms of value, there was no growth: the estimated total was $20,395,000 (lower than last year’s $26,465,000), and even though all forecasts pointed to a worse result, the final total was only slightly lower than in 2024 — $14,438,300 compared to $15,348,640.
In truth, this trend mainly affected mid-range Porsches. Of the 5 cars estimated above one million, 4 were sold (with one added post-sale), an 80% success rate. Meanwhile, in the sub-$100,000 category, aided by the total absence of reserves, the success rate was 100%. In the $100,000 to $500,000 bracket, only 17 out of 37 sold (about 45%). Perhaps due to the stronger results of the top lots at the expense of “second-tier” cars, the average price rose from $403,912 in 2024 to $437,524 in 2025.
At the end of the day, the most expensive car was a 1989 RUF CTR Yellowbird. Yellow with black interior, the example offered was one of just 29 built and the only one with a Lightweight interior. In terms of performance, it rivaled the Ferrari F40 at the time (469 bhp and 213 mph top speed), but in terms of value, you have to factor in the collector base and production volume: over 1,200 F40s vs. just 29 Yellowbirds. A few weeks ago, Gooding sold one at Amelia Island for a whopping $6,055,000 and — surprise, surprise — this one followed. Its owner may have been tempted by that result. Broad Arrow’s experts prudently estimated it at $4.5–5.5 million. It sold for $4,680,000 — 25% less. Next time, better to wait and let desire build.
The same logic applies to the 1990 Porsche 911 Coupé Reimagined by Singer. Timing is everything: the first Singer 911s (as we’ll call them for simplicity) were produced about five years ago. Enthusiasts jumped at the chance to buy one, and the success led some to pay a premium to skip the line. It seems that after four or five years, owners are beginning to “rotate their collections,” and more are hitting the market — now at a pace of about one per month. The Broad Arrow example was one of the newest, nicknamed “Central Florida Commission”, and completed in March 2023 with the most up-to-date specs. Two years and 2,300 miles later, the collector decided to sell, with a pre-sale estimate of $1,050,000–1,250,000. It sold for $1,006,000, the second-least expensive Singer 911 ever auctioned — another reason current owners might want to wait.
Not everyone got the timing wrong, though. The seller of a 2019 Porsche 991 Speedster certainly did well. Its striking spec helped: Lava Orange exterior, black interior with orange stitching, and $28,000 in options. That said, its 2,500 miles were notable — special editions like these are rarely driven and often change hands after only a few hundred miles. Examples with this mileage typically sell for $325,000–375,000. When Broad Arrow estimated $400,000–450,000, I was skeptical — but it ended up fetching $461,500, the fourth most expensive 991 Speedster ever sold, and the only one with over 1,000 miles.
The 991 Speedster wasn’t the only surprise. The 1960 Porsche 356B Super 90 Zagato Coupé “Sanction Lost” caught me off guard as well. This car is polarizing — ask any expert and you’ll hear one of two things: “A brilliant project reviving a lost car”, or “Just a replica, not worth the money”. Here’s the deal: some historic one-off race cars were destroyed over time. So why not revive them using period bases? Zagato did just that, using an original-papered 356B Super 90 and crafting a perfect replica of a long-lost car. Only 9 were built. They appear occasionally on the market and are usually valued between $325,000 and $375,000. This one sold for $445,000 — an excellent result.
Now, what about the replica of the 1948 Porsche 356/1 Gmünd Roadster? At $40,000–60,000 it seemed attractive: a tribute to the first-ever 356, with a 1776cc engine that promised fun. But here’s the issue: the engine was a modified Beetle unit, and both chassis and papers were from a Volkswagen. In other words, a replica with no real pedigree. Unsurprisingly, while the Zagato car exceeded expectations, this one didn’t even reach its lower estimate: it sold for $30,800. Proof that the market always has the final word.
One odd thing about this auction was that the deals happened mid-sale. Like the 1977 Porsche 911 2.7S Coupé — more for driving pleasure than concours display. It had a stylistic mix: ducktail spoiler like the 2.7 Carrera RS, rear fenders like a 3.0 SC, and a Momo steering wheel — appealing, though not to purists. But those willing to overlook these “flaws” found some perks: $16,000 in recent work, rare Paint-to-Sample metallic black, and A/C. Estimated at $80,000–100,000 with no reserve, it sold for $47,600.
Lastly, the auction’s cheapest car was the one I’d have taken home! Not a 911, but a 2002 Porsche Boxster S. One of my all-time favorites: prestigious badge, real-world performance, not too slow, and a roadster — there’s nothing like open-top driving on a sunny day. Prices haven’t spiked yet, and this example, in Basalt Black with graphite grey leather and only 51,000 miles, was in great shape. It even had some fame, having been driven by a well-known YouTuber from New York to Monterey Car Week. Estimated at $15,000–20,000, it shockingly went for just $9,520. Seen Through Glass is not Steve McQueen…
CLASSIC CAR MATCHER