Blockbuster auctions highlight record Mecum event
The world may be going through some tough times right now, but you'd never know it looking at auto auction results. One of the largest, Mecum, just reported sales from the auctions it held in Arizona last week, and the results are astonishing. Mecum says it took in $66.3 million in sales, which is a big increase over the previous year's auctions. Attendance was also up, and the event was packed with high-dollar, desirable vehicles.
How about a 1967 Ferrari for a little over $3 million?Mecum
Mecum says that private collection sales generated $20 million of the $66.3 million, as some brought dozens of vehicles to participate in the auction. The Hooked on Vettes Collection, for example, brought 13 cars and sold every one of them. It even sold a load of neon signs for well over a million dollars.
The top ten vehicles sold at auction drew big dollars. A few include:
- 1967 Ferrari 275 GTB/4: $3,025,000
- 1929 Duesenberg Model J Murphy Convertible Coupe: $2,365,000
- 2005 Porsche Carrera GT: $2,200,000
- 2020 Ford GT: $1,100,000
- 2017 Lamborghini Aventador LP700-4 Roadster: $698,500
There was even a Duesenberg, which sold for almost $2.4 million.Mecum