Mecum’s live auction in Dallas hits $23.8 million with 82 percent sold

Credit: Original article published by Classic Cars Journal.

Led by the sale of a 2006 Ford GT and a 1962 Chevrolet Corvette resto-mod, Mecum’s live auction in Dallas achieved total sales results of $23.8 million and an 82 percent sell-through rate with 612 collector cars sold.

Mecum touted in a news release its formula for conducting safe in-person auctions that adhere to pandemic guidelines while reaching strong sales results.

Custom 1962 Corvette was a top seller

“Mecum remains dedicated to hosting safe and successful live auctions,” the release says. “These sales are made possible through a team of dedicated staff, joint strategic planning with venue partners, and the extensive and enhanced safety procedures deployed to keep auction-goers comfortable and safe while continuing to provide them the necessary platform to conduct business on a regular and on-going basis.

“This tried-and-true formula for success was on full display in Dallas and will take center stage once again next weekend in Indianapolis for Mecum’s next live auction event.”

The top seller of the auction was a perennial modern collector favorite at Mecum auctions, a 2006 Ford GT in red with white stripes that went for $302,000, followed by the 1962 Chevrolet Corvette sold for $242,000 and a 1970 Ford Mustang Boss 429 in Grabber Blue for $225,000.

1949 Chevrolet 3100 custom pickup truck at the Mecum Auction
1949 Chevrolet 3100 custom pickup truck

Mecum, pointing out that all top-10 sales exceeded 6 figures, listed a 2010 Ferrari 599 GTB sold for $184,250 as the fourth highest, with a 1949 Chevrolet custom 3100 pickup truck holding down fifth place.

The diverse group of 10 highest sellers at the Dallas auction were:

1. 2006 Ford GT at $302,500

2. 1962 Chevrolet Corvette convertible at $242,000

3. 1970 Ford Mustang Boss 429 fastback at $225,500

4. 1967 Shelby GT500 fastback at $214,500

5. 2010 Ferrari 599 GTB at $184,250

6. 1969 Shelby GT350 convertible at $181,500

7. 1963 Chevrolet Corvette split-window coupe at $165,000

8. 1949 Chevrolet 3100 custom at $165,000

9. 1970 Plymouth Superbird at $151,800

10. 1991 Ferrari Testarossa at $148,500

(All results include auction fees)

Mecum’s next live auction, the Indy Fall Special, takes place October 29-31 at the Indiana State Fairgrounds in Indianapolis with about 1,000 collector vehicles expected.

For more information, visit the Mecum website.

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