Hagerty Predicts $370 Million in Classic Car Sales During Upcoming Monterey Auctions

Corvette News and Archives, Corvettes at Auction
Photo Credits: Kjpargeter - Freepik.com7 Percent Year-Over-Year Decrease Balanced by Predicted Growth in $10+ Million VehiclesTRAVERSE CITY, Mich. (August 3, 2016)– Hagerty forecasts $370 million in sales for the upcoming collector car auctions in and around Monterey, Calif., August 18-21. This represents a 7 percent year-over-year reduction in estimated auction sales totals.With a 5 percent reduction in vehicles offered, more vehicles will be offered in the $10+ million range this year (11, compared to 10 in 2015). The top 10 expected sales, including several "once-in-a-lifetime" offerings, include:1955 Jaguar D-type Roadster (RM Sotheby's)1939 Alfa Romeo 8C 2900B Lungo Spider (RM Sotheby's)1959 Ferrari 250 GT California LWB Spider (closed headlight) (Gooding & Company)1962 Shelby Cobra 260 (RM Sotheby's)1960 Ferrari 250 GT SWB Competizione (Gooding & Company)1933 Alfa Romeo 8C (Gooding & Company)1932 Bugatti…
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$16.7 Million In Total Sales At Mecum Harrisburg 2016 Auction

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70 Percent Sell-Through Rate, Standing-Room Only Crowds Mark Great Event WALWORTH, Wis. – July 26, 2016 – Mecum Auctions celebrated a great three days in Harrisburg, Pennsylvania with $16.7 million in total sales and an impressive 70 percent sell-through rate for the auction. The results further validate why Harrisburg is such a great central location to properly serve the incredible enthusiasm for collector cars in the northeastern United States. Evidence of this passion could be found in the standing-room-only crowds that made their presence known throughout the entirety of the event and the fact that consignments came in from 26 states. Top 10 sales at the Mecum Harrisburg 2016 auction include (all individual sales reflect hammer prices): 1. 1970 Ford Mustang Boss 429 Fastback (Lot S124) at $220,000 [caption id="attachment_4986"…
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1967 Corvette 427/435 HP, Unrestored with 15,050 Miles to be offered at the Mecum Auction in Monterey

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The Mecum Auction, scheduled for Aug 18-20, is at the Hyatt Regency Monterey Hotel & Spa on the Del Monte Golf Course. This stunning 1967 Corvette convertible, Lot F102, will be offered on Friday. It has only 15,050 unrestored miles on it and is estimated to be worth $225,000 - $275,000.Photo Credits: Courtesy of Mecum AuctionProbably one of the prettiest places to hold an auction would be Monterey, California. The Mecum Auction, scheduled for Aug 18-20, is at the Hyatt Regency Monterey Hotel & Spa on the Del Monte Golf Course.The event has a spectacular array of supercars and sports cars from makers such as Ferrari, Porsche, Lamborghini, McLaren, Ford, Bugatti, and Aston Martin as well as classics such as Duesenberg, Packard, and Peugeot. Some 600 cars will be offered…
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1,500 Collectible Signs And Memorabilia Items At Mecum Kissimmee Auction, Jan. 15-24

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1,500 Collectible Signs And Memorabilia Items At Mecum Kissimmee, Jan. 15-24Thousands of Collector Vehicles, Vintage Signs, Neons, Gas Pumps and More to be AuctionedKim and Mary Kokles CollectionWalworth, Wis. – Dec. 29, 2015 – This Jan. 15, 2016, Mecum Auctions will commence its Road Art sale in Kissimmee, Fla.—with roughly 1,500 pieces on offer through Jan. 24, it’ll prove to be one of the largest automobilia and petroliana sales of the year, anywhere. Major, well-known collectors will be presenting their collections of signs, neons, pumps and oilers for sale, many for the first time in decades, most original and in near-mint to mint condition. Massive, original signs that once hung outside dealerships promoting in vivid neon various brands such as Packard, Lincoln, Ford, Chevrolet, Willys and so many more will…
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McNamara 1967 Corvette Coupe Brought $725,000 at Mecum Auction in Houston

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1967 Chevrolet Corvette Coupe (Lot S128) Photo by David Newhardt, Courtesy of Mecum Auctions1964 Ford GT40 Prototype (Lot S147.1) Photo by David Newhardt, Courtesy of Mecum AuctionsWALWORTH, Wis. – April 15, 2014 – Mecum blasted into Houston this past weekend with a gigantic sale dominated by a $7 million hammer price for the 1964 Ford GT40 Prototype, GT/104. Overall sales reached $33,633,058 with 765 of the total 1,085 vehicles offered changing hands, achieving a healthy sell-through rate of nearly 70 percent.“Our Houston event is one of the fastest growing auctions on our calendar,” noted Mecum President and Founder Dana Mecum. “The quality of collector cars continues to rise year after year here in Houston, and the people of this great car town are what keep us coming back to the…
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Mecum Auction Results Kissimmee 2014

Corvette News and Archives, Corvettes at Auction
232 Corvettes Changed Hands for a Total of $11,896,560 at the Mecum Kissimmee Auction 2014WALWORTH, Wis. – Jan. 31, 2014 – The largest collector car auction in the world lived up to its moniker once again with Mecum’s Kissimmee, Fla., event, held Jan. 17-26, offering a grand total of 2,750 cars and more than 3,000 items of Road Art throughout the 10 days of heated bidding and hard-hammering sales. Auction sales reached a hefty $63,435,490 in total with 1,759 of the vehicles exchanging hands for a sell-through rate of 64 percent.Despite nationwide weather conundrums resulting in thousands of cancelled flights throughout the Northeast and Midwest, the auction still managed to succeed in bringing buyers and sellers together with overall attendance reaching more than 70,000 spectators and an unbeatably diverse lineup…
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