Mecum Kissimmee auction closing in on $93 million sales

(January 28, 2016) KISSIMMEE, Fla. — The Mecum Kissimmee Auction, the world’s largest classic and collector car auction, held Jan. 15-24, was a powerful force to be reckoned with claiming the title of highest-grossing sale ever hosted by Mecum. Overall sales totals topped $91 million and are quickly closing in on $93 million with post-auction sales.

The 10-day auction totals constitute a near 30-percent increase over last year’s Kissimmee auction with individual vehicle sale prices up by an average of 20 percent. The two full Road Art-exclusive days brought outstanding sales in the memorabilia realm as well with 1,300 items sold and top sales including a rare porcelain sign and a vintage gas pump globe, each of which sold for $55,000.

“The jump in totals, the rise in individual vehicle values and the 78-percent sell-through rate we achieved are evidence of the extremely high quality of the vehicles and Road Art offered at the 2016 event as well as the strong demand. It’s a clear indication of the thriving state of both the collector-car and memorabilia markets,” notes Mecum Auctions’ president and fou
nder Dana Mecum.

This 1971 Plymouth Hemi Cuda Convertible sold for $2.3 million

Nearly every segment of popular interest was represented at the auction including European exotics, Resto Mods, Supercars and of course Mecum’s bread-and-butter: muscle cars and Corvettes, both of which made a strong showing in the top 10 sales.

The complete top 10 sales at the Mecum Kissimmee 2016 auction include (individual prices do not include buyer’s premiums):

    1970 Plymouth Hemi Cuda Convertible (Lot F109) at $2,675,000
    1971 Plymouth Hemi Cuda Convertible (Lot F102) at $2,300,000
    1970 Dodge Hemi Challenger R/T Convertible (Lot F111) at $1,650,000
    1971 Plymouth Hemi Cuda (Lot F100) at $950,000
    1963 Chevrolet Corvette Z06 Tanker (Lot S160) at $710,000
    1969 Dodge Hemi Coronet R/T Convertible (Lot F100) at $625,000
    1969 Dodge Hemi Daytona (Lot F103) at $550,000
    1970 Ford Torino King Cobra (Lot F104) at $525,000
    1970 Plymouth Cuda Convertible (Lot F113) at $475,000
    1970 Dodge Challenger R/T Convertible (Lot F114) at $450,000