In the wake of the collector car extravaganza that swept through Scottsdale, AZ in early January, Dana Mecum brought his "world's largest collector car auction" to Kissimmee, Florida and experienced unparalleled success in the company's initial offering for the 2012 season.
The Florida auction kicked off Mecum’s 25th year and a staggering 2,158 vehicles crossed the block, the most in company history. The six-day event, held at Osceola Heritage Park on January 24-29, 2012, achieved a 30% increase in attendance over last year. Hammer price sales for the week-long auction totaled $55,397,462, and factoring in buyer’s premium, total gross sales are reaching close to $60,000,000 as post auction sales continue to rise. Mecum sold 1,548 vehicles with an amazing 73% sell-through rate. The auction was broadcast live on Velocity for 32 hours allowing enthusiasts nationwide to take in all the action from the comforts of their easy chair.
The 2,158 vehicles represents about 85% of the total offerings (2527 vehicle lots) from all six Scottsdale auctions earlier this month. (Barrett-Jackson, RM, Gooding, Bonham's, Russo and Steele and Silver) This clearly establishes Mecum Auctions as the world's largest collector car event. They are moving an average of more than 350 vehicle lots per day! That is a well oiled machine...
Mecum Auctions president Dana Mecum said, “Kissimmee kicked off the 2012 auction season and Mecum’s 25th year in business, and I can’t think of a better way to begin celebrating our Silver Anniversary than with a record-breaking auction. Company records were smashed in nearly every category including number of vehicles offered, vehicles sold, total sales, attendance, and number of registered bidders.”
Top Ten sellers at the auction covered a wide swath in enthusiasts dream sheets. With nearly 300 Corvettes offered during the Kissimmee auction, quite a few were in the Top Ten, but sitting on top of the list is a 1963 Shelby Cobra Dragon Snake (Lot S220), which sold for $850,000. The remaining nine vehicles were (all sales reflect hammer prices):
2. 1969 Chevrolet Corvette L88 Convertible (Lot F199) at $610,000
3. 1967 Chevrolet Corvette Coupe (Lot S100) at $275,000
4. 1969 Chevrolet Corvette L88 Coupe (Lot S103) at $270,000
5. 1963 Chevrolet Corvette RestoMod (Lot S226) at $255,000
6. 1967 Chevrolet Corvette Convertible (Lot T188) at $227,500
7. 1930 Packard 745 Waterhouse (Lot S83) at $225,000
8. 1941 Packard Darrin 180 Convertible Victoria (Lot S122) at $220,000
9. 1970 Plymouth Superbird (Lot K56) at $200,000
10. 1957 Chevrolet Bel Air Convertible (Lot S163) at $200,000
Thanks for stopping by and I'll be looking forward to seeing you all at the next local event, the Atlantic City Classic Car Show and Auction on February 24 through February 26.
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