Mecum Moves $133.8 Million Worth Of Inventory In January
The auction house has its most successful month ever
We’re fresh into the second month of the 2019 year, and Mecum is having a good year already. As Barrett-Jackson had their most successful auction at Scottsdale, and raised a record amount for charity, Mecum’s two January auctions earned them the same record breaking claims with $133.8 Million in sales - this comes from a combination of revenue from Kissimmee, Florida, auction and the 28th annual Vintage and Antique Motorcycle Auction in Las Vegas.
More auction news:
- Legal battle over Ford GT auction by Mecum finally settled
- Market: 3000 classics go through the Mecum Kissimmee sale
- Buy your own classic!
A massive 7,517 count of collector cars, motorcycles, road art, and miscellaneous automobila went up from sale in January. Of those lots, 6,267 were sold, for a 83-percent sell-through rate at the events. 2,328 collector cars were sold alone at the massive Kissimmee auction, which is the company’s largest collector-car auction event - this equated to a revenue of $107.5 million between the cars and Road Art transactions.
One notable exchange was that of the 1967 Shelby GT500 Super Snake at Lot no. F124, where it caused a bidding frenzy that ended up pulling a $2.2 million winning bid. This wasn’t even the top bid at the auction, with a 2014 Ferrari LaFerrari (Lot S114) being sold at $3.3 million.
The complete top 10 collector-car sales at the Mecum Kissimmee 2019:
- 2014 Ferrari LaFerrari (Lot S114) at $3,300,000
- 1967 Shelby GT500 Super Snake (Lot F124) at $2,200,000
- The 1969 L88 Corvette Offering (Lot F151) at $990,000
- 1930 Duesenberg Model J Torpedo Phaeton (Lot S103) at $935,000
- 1969 Chevrolet Camaro ZL1 (Lot S171) at $495,000
- 1954 Chrisman Bonneville Coupe (Lot S149) at $484,000
- 1966 Shelby GT350 Fastback (Lot F101) at $440,000
- 1955 Imperial Convertible (Lot F98) at $418,000
- 1963 Chevrolet Corvette Z06 (Lot S174) at $396,000
- 2005 Ford GT (Lot S224) at $352,000
It wasn’t all about cars as the motorcycle sector certain contributed to the hefty final count. A 1939 Crocker Big Tank far surpassed its $400,000 - $500,000 to pull a $704,000 sale. The top ten motorcycles alone earned around $4 million.
Classic Cars for Sale
1928 Chevrolet 2dr Hot Rod Great History, Documents and Photos www.motorcarcompany.com Engine: V-8 350 Transmission: Automatic Transmission VIN: 4595221 Exterior Color: Green Metallic Interior Color: Gray About: This is a Turn-Key Hot Rod ready to be enjoyed. It was restored in 1991 with photos of it before, during and after the restoration process (all of which come with the pu
Here is a Van Nuys built blue plated California car! This Sundance Yellow Firebird was restored some years back and only had 800 miles of use on it since then. It has a 231 V-6, automatic transmission, power steering, power front disc brakes, bucket seats, newer headliner / carpet, tilt wheel, after-market stereo, and A/C. Original radio is still in trunk. A great looking 70's icon! Body: 2 Door
This rare manual 1968 C Code Ford Mustang V8 Coupe is very good condition overall. Technically as well as optically a strong car. Body and chassis are rust free. The V8 engine runs strong and the rare manual gearbox shifts smoothly. The stainless-steel exhaust system gives it the typical, brutal V8 sound. The dark blue metallic paint is brand new. All original chrome trim is in good condition