HomeThe MarketMecum does $15 million sale in Southern California

Mecum does $15 million sale in Southern California


Ferrari brings $2.15 million at Mecum's Anaheim sale | Mecum Auctions photos
Ferrari brings $2.15 million at Mecum’s Anaheim sale | Mecum Auctions photos

Southern California has been a difficult nut to crack for classic car auction companies, but Mecum Auctions’ just-concluded sale in Anaheim posted sales of $15,238,429, a record for the sale held annually since 2012.

To demonstrate Anaheim’s acceptance of the Mecum sale, Anaheim Ducks pro hockey team captain Ryan Getzlaf presented Dana and Frank Mecum with official team jerseys with “Dealmakers” embroidered on the back. Dealmakers is the name of NBCSN’s Mecum-centric television show.

“As the world’s largest collector-car auction company, along with our unprecedented television exposure, has allowed us big success in all of the markets,” Mecum consignment director John Kraman told ClassicCars.com in an email. “Our ability to obtain great cars as consignments plus lots of advance promotion draws buyers as well.”

The high-dollar sale of the auction was the $2.15 million paid for a short-nose 1965 Ferrari 275 GTB. The car’s ownership history was complete since its original sale, and Mecum reported that the car was restored in 1999 to as-original specifications.

Ford GTs continued to be strong sellers
Ford GTs continued to be strong sellers

Ford’s latter-day supercar, the Ford GT, continued its surge at collector-car auctions with 2005 and 2006 models taking the Nos. 2, 3 and 4 spots on the Top 10 sales list for the Anaheim auction.

A 2006 Ford GT in Heritage Edition colors sold for $375,000 while 2005 GTs brought $340,000 and $250,000. (Prices are hammer prices and do not include buyer’s premium.)

The remainder of the top-10 was an eclectic mix: a 1953 Cadillac Eldorado convertible, a 1994 Porsche 911 Speedster, a 1954 Buick Skylark convertible, a 1970 Plymouth Superbird, a 1963 23-window Volkswagen microbus and a 1968 Shelby Mustang GT500KR convertible.

Mecum reported that 18 of the 758 cars crossing the block sold for six-figure hammer prices. The sell-through rate was just less than 60 percent, the auction house added.

Mecum’s next sale is December 4-6 at Kansas City, where some 750 vehicles will be offered. Mecum concludes its 2014 sales calendar December 12-13 with a new auction at Austin, Texas, where it expects to have 600 vehicles cross the block.

Mecum Auctions at Anaheim, Top 10 sales:

1 1965 Ferrari 275 GTB Short Nose (Lot S166.1) at $2,150,000
2 2006 Ford GT Heritage Edition (Lot S155.1) at $375,000
3 2005 Ford GT (Lot S101.1) at $340,000
4 2005 Ford GT (Lot S106.1) at $250,000
5 1953 Cadillac Eldorado Convertible (Lot S137) at $210,000
6 1994 Porsche 911 Speedster (Lot S117.1) at $175,000
7 1954 Buick Skylark Convertible (Lot S117) at $132,500
8 1970 Plymouth Superbird (Lot S96) at $127,500
9 1963 Volkswagen 23-Window Microbus (Lot S180.1) at $125,000
10 1968 Ford Shelby GT500KR Convertible (Lot S126) at $122,500

Larry Edsall
Larry Edsall
A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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