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MECUM DAYTIME AUCTION IN MONTEREY EXCEEDS $44 MILLION IN SALES

August 20, 2015 by Mecum Auctions

MECUM DAYTIME AUCTION IN MONTEREY EXCEEDS $44 MILLION IN SALES• 2015 Auction Achieves a $10 Million Leap over Last Year's Sale Totals

WALWORTH, Wis. – Aug. 19, 2015 – In a jaw-dropping display of some of the finest vehicles ever offered at the Mecum Daytime Auction in Monterey, $44,335,001 in total sales was achieved as 387 vehicles changed hands in three days of auction action, Aug. 13-15. Headlined by the multimillion-dollar sales of a 1969 Lamborghini Miura P400 S (Lot S66) and a 1970 Plymouth Hemi Cuda Convertible (Lot F69), top sales at the auction included a total of seven cars that sold for $1 million or higher.

'The level of quality offerings at the Daytime Auction continues to increase year after year, and 2015 was no exception,' comments Dana Mecum, president and founder of Mecum Auctions. 'With one of the deepest, most diverse dockets ever offered, the $10-million increase in sales is a testament to this trend, and we are looking forward to raising the bar once again in 2016.'

The top 10 sales of the Daytime Auction serve as an excellent representation of the variety and quality of the cars offered throughout the weekend with marques both foreign and domestic, vintage and modern. The original Lamborghini Miura exceeded its pre-auction high estimate by more than a half-million dollars commanding a high bid of $2.3 million. The Hemi Cuda, which served the duty of demonstrator for its designer John Herlitz when new, proved as few others have done in the past that there is unquestionably such thing as multimillion-dollar classic American muscle with a hammer price of $2.25 million.

The much-heralded Turbo Carrera Porsche (Lot S71) originally special ordered by Steve McQueen was expected to break the one-million-dollar mark with its sale, and it did so with ease at almost twice that amount coming in at a hefty $1.95 million.

The low-mileage Corvette collection hailing from the garages of Ed Foss did extremely well with 21 of 26 hammering sold topped by an unrestored 2,299-original-mile 1956 convertible, which demanded a high bid of $275,000. The group overall brought $2,563,500 in sales.

Mecum Monterey 2015- Steve McQueen Porsche 930

VIDEO https://youtu.be/JXFerjeyPuA


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Mecum Monterey 2015 - Saturday Top Sellers

VIDEO https://youtu.be/ddeLPRvabPc

The Monterey Motorcycle segment was a pronounced success as well with several notable prices achieved. A 1914 Flying Merkel V-Twin (Lot T135.1) became the auction's highest-selling motorcycle at $175,000 with a 1925 BMW R32 (Lot T181) just behind it at $170,000. Other notable sales included a 1914 Indian Hendee Electric Start (Lot T50.1) that brought $97,500 and a 1959 BSA A10 Super Rocket (Lot T75.1) that brought $22,000.

The complete top 10 sales at the Mecum Daytime Auction in Monterey include (all individual sales reflect hammer prices):

1.1969 Lamborghini Miura P400 S (Lot S66) at $2,300,000

2.1970 Plymouth Hemi Cuda Convertible (Lot F69) at $2,250,000

3.1976 Porsche 930 Turbo Carrera (Lot S71) at $1,950,000

4.2005 Maserati MC12 (Lot S109) at $1,575,000

5.1989 Ferrari F40 (Lot S77) at $1,150,000

6.1963 Shelby 289 Cobra Roadster (Lot S80) at $1,000,000

7.2005 Porsche Carrera GT (Lot S45) at $1,000,000

8.1967 Shelby 427 Cobra Roadster (Lot S129) at $950,000

9.1967 Toyota 2000GT (Lot S59) at $925,000

10.2005 Porsche Carrera GT (Lot S127) at $775,000

For access to complete auction results and other member benefits, sign up for the free InfoNet service offered at Mecum.com. Mecum's next classic and collector car auction will be a 1,000-car offering in Dallas at the Kay Bailey Hutchison Convention Center, Sept. 16-19. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, visit www.mecum.com or call (262) 275-5050.

About Mecum Auctions

Nobody sells more than Mecum. Nobody. The Mecum Auction Company is the world leader of collector car, vintage and antique motorcycle, and Road Art sales, hosting auctions throughout the United States. The company has been specializing in the sale of collector cars for 28 years, now offering more than 15,000 vehicles per year and averaging more than one auction each month. Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wis. For further information, visit Mecum.com or call (262) 275-5050. Follow along with Mecum's social media news and join us on Facebook, Twitter, YouTube, Pinterest and Instagram.

Photo credit: Mecum Auctions
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