Mecum Raises The Bar In Seattle – $3.5 Million For 1971 Hemi 'Cuda Convertible
June 25, 2014 by Mecum
Record-Setting Sale for the Crown Jewel of Muscle Cars makes History in Emerald City
Walworth, WI - June 17, 2014 -- With Mecum Auctions in town, downtown Seattle was electric this past weekend. The buzz around the Emerald City was Major League Baseball and major league muscle cars. As the Seattle Mariners battled the Yankees and Rangers next door at SafeCo Field, Mecum Auctions and collector car enthusiasts from around the region converged to the auction block at CenturyLink Field Event Center where automotive history would be made.
It was Mecum's inaugural Seattle auction that carved out its place in the history books with the record-setting sale of a 1971 Plymouth Hemi 'Cuda Convertible (Lot S95). Hammering at an unprecedented $3.5 million, the sale now stands as the highest price ever achieved at auction for any of the storied muscle cars that came out of Detroit in the Golden Age. The sale price confirms that the 1971 Hemi 'Cuda Convertible truly is the crown jewel of muscle cars. Overall auction results included the successful sale of 321 additional vehicles, bringing total auction sales to $15,125,097.
Shortly following the intense, 8-minute bidding war that ended with the sale of the Hemi 'Cuda, four Calypso Coral Boss Mustangs from the Legacy Collection paraded to the block. Beginning with the 1970 Boss 429, each car from the collection witnessed vivacious bidding activity. Offered by local Washington collector Josh Dykes who had regularly shown this amazing group of Mustangs at local events, it was obvious that bidders had been anxiously awaiting their chance to snag a Legacy Boss for themselves. The 1970 Boss 429 (Lot S118) gaveled at $340,000 and became the auction's second highest seller. The 1969 and 1970 Boss 302 Fastbacks hammered at $115,000 and $105,000, respectively (Lots S118.1 and S119). To round out the group, Dykes' 2012 Boss 302 Patriot Edition (Lot S119.1) brought a healthy $86,000 sale.
'It was evident about an hour into the first auction day that the fine people of Seattle were glad we'd come to town,' described Mecum Auctions' President and Founder Dana Mecum. 'The auction arena at CenturyLink Field Event Center quickly filled to capacity, and we had a great first auction. Our consignment docket exceeded expectations in both quantity and quality, and with the record-setting sale of the Hemi 'Cuda Convertible, it instantly put Mecum Seattle on the map. We look forward to returning to the Emerald City next year.'
As made evident by the well-diversified top sellers, the quality of consignments at the inaugural event in Seattle was stellar. The complete top 10 sales list for the auction includes (all individual sales reflect hammer prices):
1. 1971 Plymouth Hemi Cuda Convertible (Lot S95) at $3,500,000
2. 1970 Ford Mustang Boss 429 Fastback (Lot S118) at $340,000
3. 1968 Shelby GT500KR Fastback (Lot S125) at $160,000
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4. 1958 Buick Limited Convertible (Lot S163) at $150,000 5. 1970 Chevrolet Chevelle LS6 Hardtop (Lot S106.1) at $150,000 6. 1937 Packard Twelve Victoria Convertible (Lot S208) at $150,000 7. 1958 Chevrolet Corvette Convertible (Lot S103) at $143,640 8. 1956 Cadillac Eldorado Biarritz (Lot S140.1) at $130,000 9. 1967 Shelby GT500 Fastback (Lot S134.1) at $125,000 10. 1970 Dodge Challenger R/T (Lot S217) at $115,000 For access to complete auction results and other member benefits, signup for the free InfoNet service offered at www.mecum.com. Mecum's next auction will be another inaugural event held in Harrisburg, Penn., at the Pennsylvania Farm Show Complex and Expo Center. With an anticipated 1,000-car offering, Mecum's East Coast debut is sure to be another grand success. To follow it up, Mecum will hold its annual Daytime Auction in Monterey, Calif., this Aug. 14-16 with an eclectic mix of 750 classic and collector cars. 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 27 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.
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