Mecum's first collector car auction in Portland has sales of $9.3 million

(June 24, 2016) WALWORTH, Wis.— With 300 vehicles hammered sold on the auction block in just two days, Mecum’s inaugural Portland auction at the Portland Expo Center was a pronounced success. Held June 17 and and18, the auction attracted vehicles from 17 states across the country and attendees from even more with total sales reaching more than $9.3 million.

The city was electric and the buzz about Mecum’s arrival in Portland was inescapable in the days leading up to the auction. The local enthusiasm coupled with the event’s national reach resulted in a packed house both auction days.

The collector-car enthusiasts came for the high-quality consignments, and their families came for the quality time, entertainment and the Mecum Experience as a whole.

With interest and excitement noticeably piqued, nearly all of the auction’s main attractions hammered sold with some high bids far exceeding reserves. The top 10 sellers were dominated by muscle cars, and the auction’s highest seller was a 1965 Shelby GT350 Fastback (pictured below) that had been with one owner for 38 years. Hammering for $305,000, the car was a clear crowd favorite. Other top sellers included a 1969 Ford Mustang Boss 429 Fastback with its original engine that brought $240,000 and a 1970 Plymouth Hemi Cuda that brought $190,000.



“The people of Portland were extremely welcoming, and the large crowds and strong bidding reflected their enthusiasm,” said Mecum President and Founder Dana Mecum. “Portland proved to be an excellent city for a Mecum auction, and holding it over Father’s Day weekend gave families looking to celebrate a perfect place to do it.”

The complete top 10 sales at the Mecum Portland 2016 auction include (all individual sales reflect hammer prices):

    1965 Shelby GT350 Fastback at $305,000
    1969 Ford Mustang Boss 429 Fastback at $240,000
    1970 Plymouth Hemi Cuda at $190,000
    1967 Chevrolet Corvette Convertible at $160,000
    1968 Chevrolet COPO Nova SS at $145,000
    1968 Shelby GT500 Convertible at $120,000
    1962 Chevrolet Bel Air Z11 Bubble Top at $110,000
    1968 Pontiac GTO Resto Mod at $105,000
    1974 DeTomaso Pantera at $100,000
    1966 Chevrolet Corvette Coupe at $95,000