Mecum Glendale 2021 auction records $42.3 million in sales


2016 Ferrari F12tdf

(March 25, 2021) WALWORTH, Wis. — Mecum Auctions, outdid itself once again, setting a new record-high sales total for its Glendale, Ariz., auction. Held March 18-20 at State Farm Stadium, the 2021 auction reached $42.3 million in overall sales totals, a more than 14% increase over Mecum’s first auction in Glendale, which itself had been a record-setting event as the highest-grossing inaugural event in company history.

A total of 712 of the 829 offered vehicles hammered sold for an exceptional 86% sell-through rate, and the auction’s top seller achieved a sale price of $2.7 million. The top-selling 1967 Chevrolet Corvette L88 Coupe  was an award-winning car that boasted an original legendary L88 engine, easily shooing it into the multimillion-dollar collector car category.


1967 Chevrolet Corvette L88 Coupe

“The success of this auction in only its third year is unprecedented,” Mecum Chief Operating Officer Sam Murtaugh noted. “By exceeding $42 million in sales in only three days, the Glendale, Arizona, event has officially established itself as the third largest auction on the Mecum calendar. The success and continued growth would not be possible without the natural synergy that has developed with our partners at State Farm Stadium and the gracious host city of Glendale. Mecum is excited to compound the momentum in Arizona, and we all look forward to 2022 by making it bigger and better than ever.”

Other notable vehicles to land among the top-10 sellers in Glendale included a trio of Ferraris from the headlining 20-vehicle Steve Todhunter Collection, which sold in its entirety for an overall total of $6.08 million. It was a 2016 Ferrari F12tdf  that landed the second seat in top sales at $880,000, followed by a 2011 Ferrari 599 GTO  in third with a $720,500 sale. Todhunter’s 2006 Saleen S7 Twin Turbo nabbed the fourth spot among top auction sales with a $605,000 price tag.

Another main attraction collection in Glendale was the diverse Napa Valley Collection of 18 classic vehicles, which saw a 100% sell-through rate for a total of $2.1 million. Four of the collection’s cars broke into the six-figure range with a 1973 Porsche 911 Carrera RS 2.7  claiming the fifth spot among top auction sales at $495,000 and a 1970 DeTomaso Mangusta  just shy of making the list at $302,500.

The complete top 10 collector-car sales at the Glendale 2021 auction include:

    1.    1967 Chevrolet Corvette L88 Coupe  at $2,695,000
    2.    2016 Ferrari F12tdf at $880,000
    3.    2011 Ferrari 599 GTO  at $720,500
    4.    2006 Saleen S7 Twin Turbo  at $605,000
    5.    1973 Porsche 911 Carrera RS 2.7at $495,000
    6.    2014 Mercedes-Benz SLS AMG Black Series at $451,000
    7.    2001 Ferrari 550 Barchetta Pininfarina  at $440,000
    8.    2019 Porsche 911 Speedster  at $440,000
    9.    1970 Ford Mustang Boss 429 Fastback  at $385,000
  10.    2018 Mercedes-Benz G550 Brabus Edition  at $379,500