Mecum Kicks Off Spring With $25 Million Auction In Houston

By Auto News Log • April 14th, 2013

Walworth, Wis. – It was not a quiet weekend for Houston’s Reliant Center as Mecum Auctions brought the sounds of revving engines and falling hammers echoing through the venue packed with collector vehicles and car enthusiasts from across the nation. The three-day auction held April 4-6 saw 1,034 cars cross the block and nearly 200 pieces of Road Art and memorabilia. With a sell-through rate of 72 percent, auction sales reached a $25,062,931 total.

The cars were the stars filling the Reliant Center to capacity with an incredible “something for everyone” mix of muscle cars, classics, hot rods and more. Discovery’s Velocity Network broadcast the auction action live all three days as a total of 740 cars exchanged hands.

Hammering at $220,000 and garnering the top sale was a 1970 Ford Mustang Boss 429 Fastback (Lot S134) with its original drivetrain and interior. The local-to-Texas restoration is a low-mile and extensively documented example of its breed, one of only 499 built and a one-owner vehicle for the past 20 years – all coveted features that helped drive the desirability of this already revered muscle car. Bringing a $185,000 sale and grabbing the second seat on the top 10 sales list was an extremely rare-production Cadillac, a 1931 V-12 Roadster (Lot S159.1) complete with accessory trunk and rumble seat complementing its distinguished vintage flair.

The complete top 10 sales for Mecum’s second annual Houston auction include (all sales reflect hammer prices):

1. 1970 Ford Mustang Boss 429 Fastback (Lot S134) at $220,000
2. 1931 Cadillac V-12 Roadster (Lot S159.1) at $185,000
3. 1954 Buick Skylark (Lot S130) at $140,000
4. 1959 Chevrolet Corvette Resto Mod (Lot S227) at $135,000
5. 2009 Dodge Challenger (Lot S258) at $130,000
6. 1967 Chevrolet Corvette Coupe (Lot F190) at $125,000
7. 1972 Chevrolet Camaro RS/SS (Lot S254) at $125,000
8. 1963 Chevrolet Corvette Split Window Coupe (Lot F233) at $122,000
9. 1958 Chevrolet Corvette Convertible (Lot F203) at $107,500
10. 1970 Plymouth Superbird (Lot S251) at $107,000

For access to complete auction results and other member benefits, sign up for the free InfoNet service offered at www.Mecum.com.

Not only was Houston a marked success, but Mecum proved once again that two auctions in one weekend isn’t too much for the world leader in collector car and Road Art sales. As more than 1,000 cars crossed the block in Houston, nearly 200 tractors simultaneously went under the hammer at the Spring Gone Farmin’ Vintage Tractor Auction in Davenport, Iowa, April 5-6 achieving an astonishing 98 percent sell-through rate. Full results for the tractor auction are also available via the Mecum InfoNet.

The gavel never rests for long in Mecum hands and in just weeks the next event will be held in Kansas City, Mo., April 25-27 followed by Dana Mecum’s 26th Original Spring Classic this May 14-19 in Indianapolis. To consign a vehicle or to pre-register to bid at one of Mecum Auctions’ upcoming events, visit www.Mecum.com or call (262) 275-5050.

About Mecum Auctions

Nobody sells more than Mecum. Nobody. The Mecum Auction Company is the world leader of collector car and Road Art sales, hosting auctions throughout the United States. The company has been specializing in the sale of collector cars for 26 years, now offering more than 15,000 vehicles per year and averaging more than one auction each month. Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wis. For further information, visit www.mecum.com or call (262) 275-5050. Follow along with Mecum’s social media news and join us on Facebook, Twitter, YouTube, Pinterest and Instagram.

Source: Mecum Auctions

 

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