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Mecum Moves $133.8 Million Worth Of Inventory In January

By Elizabeth Puckett Feb 07, 2019
By Elizabeth Puckett Feb 07, 2019
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. 

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. 

Source: Mecum

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