Dana Mecum's Original Spring Classic exceeds $42.8 million in Indianapolis

(May 22, 2015) The original, largest and best muscle car auction — Dana Mecum’s Original Spring Classic — brought more than classic American muscle to the auction block art the Indiana State Fairgrounds May 12-16 with top sales populated by a mix of modern and vintage, foreign and domestic.

With 1,404 vehicles offered, the variety was well-received by the thousands of bidders in attendance as sales totals reached $42,878,210 with 916 cars hammering sold.




Friday saw 18 low-production and historically meaningful vehicles from the Don Davis Collection cross the auction block with his professionally restored 1967 Shelby 427 Cobra Roadster gaveling for $1,000,000 and becoming the auction’s number one highest seller. His documented five-speed 1971 Ferrari 365 GTB/4 Daytona Berlinetta (pictured below) came in as a hot second with a high bid of $775,000. Additionally, 10 more vehicles from the Davis’ assemblage sold on the block with two of those also garnering spots among the top 10 sellers.

Thirty vehicles from the Rick Baker Ford Collection crossed the auction block on Friday as well in front of an enthusiastic crowd of bidders. His 2005 Ford GT, sporting just 310 original miles and still on the original MSO, gaveled for $380,000. The Danny Hill Collection of full-size high-horsepower muscle cars was right at home in Indianapolis and bidder approval was demonstrated with strong sales including his unrestored 1969 Ford Mustang Boss 429 Fastback that hammered at $465,000.

The 1958 Fuelie Collection encompassing one of every color offered that production year electrified the crowd as 100 percent of the Corvettes hammered sold for a total of $1,172,000. The results are a testament to the strength of the C1 Corvette market and the buyer attraction to Bloomington Gold Certified cars.

“As one of the only collector car auctions held in the United States with a truly global reach, our flagship auction again demonstrated strong sales and steady growth,” comments President and Founder Dana Mecum. “The Spring Classic auction brought consignments from 36 states this year and buyers from all over the world increasing sales by more than $2 million over last year.”

Top sales were naturally dominated by muscle, but the range of production years and countries of origin was vast. The complete top 10 sales at the Mecum Indianapolis auction include (all individual sales reflect hammer prices):

    1967 Shelby 427 Cobra Roadster at $1,000,000
    1971 Ferrari 365 GTB/4 Daytona Berlinetta at $775,000
    1969 Ford Mustang Boss 429 Fastback at $465,000
    2005 Ford GT at $380,000
    1965 Ford Shelby GT350 Fastback at $355,000
    1972 Ferrari 365 GTC/4 Straman Spider Conversion at $300,000
    1978 Ferrari 512 BB Straman Targa Conversion at $275,000
    1967 Maserati Ghibli at $230,000
    1963 Ford Galaxie 500 Lightweight at $220,000
    1969 Ford Mustang Boss 429 Fastback at $185,000