Mecum Kissimmee sale brings biggest total in company history
Mecum Auctions' sale in Kissimmee, Florida has brought the biggest result in the company's history.
Billed as "the world’s largest classic and collector car auction", the 10-day sale brought a total of $91 million, an increase of almost 30% on the 2015 sale.
“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," said Mecum Auctions’ President and Founder Dana Mecum. "It’s a clear indication of the thriving state of both the collector-car and memorabilia markets.”
Leading the auction was a 1970 Plymouth Hemi Cuda Convertible, one of only five Hemi 4-Speed Convertibles produced that year. Finished in Lemon Twist Yellow with black stripes, and offered with a such as the Shaker Hood, High Impact FY1 paint and Super Track Pak, the matching-numbers example had just 27,500 miles from new and sold for $2,675,000.
Next up was another Plymouth Hemi Cuda Convertible, this time one of the five examples built in 1971. Finished in striking Sno-White, this modestly-optioned car was all the more stylish for its restraint and sold for $2,300,000.
The third car to fetch a seven-figure sum was a matching-numbers 1970 Dodge Hemi Challenger R/T Convertible. The Sublime Green machine, one of just nine Hemi R/T Convertibles built that year, fetched a final price of $1,650,000.
All three $1 million+ cars originated from the Brett Torino Collection, which provided a remarkable nine of the top ten cars sold in Kissimmee. Further notable lots included an unrestored 1971 Plymouth Hemi Cuda which sold for $950,000; a 1969 Dodge Hemi Coronet R/T Convertible which fetched $625,000; and a 1970 Ford Torino King Cobra which sold for $525,000.
The only 'top 10' car from another collection was a .1963 Chevrolet Corvette Z06 Tanker. As one of the most celebrated examples in the hobby, the car came complete with Bloomington Gold Certification, Special Collection and Hall of Fame induction, and sold for $710,000.
The next Mecum sale will take place on March 11-12, with 700 cars set to cross the block in Kansas City.
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