Vintage Ford muscle heads $11 million Mecum auction

0
2139
The 1963 Ford Galaxie is powered by an R-Code 427 V8 | Mecum Auction photos
The 1963 Ford Galaxie is powered by an R-Code 427 V8 | Mecum Auction photos

A rare high-performance 1963 Ford Galaxie 500 XL packing a 427 cid V8 led the bidding at Mecum Auctions’ second annual Denver sale, which realized $11 million in sales with 402 collector cars sold out of 611 offered, for a nearly 66 percent sell through rate.

The total was off from Mecum’s inaugural Denver sale, which totaled more than $12 million for 396 vehicles with a 66 percent sell-through. This year’s auction was dinged by the no-sales of several modern exotics that failed to meet reserve, including one of the headliners, a 2006 Ford GT Heritage Edition that was pulled after bidding stalled at $240,000.

The 1957 Chevy Corvette resto-mod roadster on the block after its sale
The 1957 Chevy Corvette resto-mod roadster on the block after its sale

The restored Galaxie is a desirable R-Code performance model that was originally built to race in Australia, and while it has been converted to left-hand drive, it retains the export dashboard. The Ford, which sold for $155,000 (plus auction fee), came with a letter of authenticity signed by Lee Holman of Holman & Moody, the company which created many of the winning competition Fords of that era.

Along with the Galaxie, the top-10 sellers in Denver were performance machines, nine from the U.S. and one from Germany. Following the Ford were three Chevy Corvettes: a 1963 split-window coupe, $140,000; a 1957 resto-mod roadster, $135,000; and a 1967 427/400 hp convertible $125,000. Coming in fifth was a 1970 Buick GSX Stage 1 at $115,000.

RELATED:  Trigano collection does $4.7 million at auction

Corvettes took two other top-10 spots, with a 1966 coupe at No.  6 selling for $115,000 and a 1965 convertible that reached $72,000 at No. 9. The remainder of the top 10 were a 1967 Shelby GT500 fastback, No. 7 at $80,000; a 1986 Porsche 930 turbo, $80,000, at No. 8; and a 1967 Pontiac GTO Judge hitting No. 10 at $67,000

The top-10 list for Mecum’s Denver sale is:

1. 1963 Ford Galaxie 500XL at $155,000
2. 1963 Chevrolet Corvette split window coupe at $140,000
3. 1957 Chevrolet Corvette resto mod at $135,000
4. 1967 Chevrolet Corvette 427/400 HP convertible at $125,000
5. 1970 Buick GSX Stage 1 at $115,000
6. 1966 Chevrolet Corvette coupe at $115,000
7. 1967 Shelby GT500 fastback at $80,000
8. 1986 Porsche 930 Turbo) at $80,000
9. 1965 Chevrolet Corvette convertible at $72,000
10. 1970 Pontiac GTO Judge at $67,000

(All sales results reflect hammer prices and do not include auction fees)

Mecum’s next auction takes place July 21-23 at the Pennsylvania Farm Show Complex in Harrisburg, followed by Mecum’s sale in Monterey, California, known as The Daytime Auction, on August 13-15 during Pebble Beach Concours week.

For for Denver results, visit the Mecum website.

Advertisement
Bob Golfen is a longtime automotive writer and editor, focusing on new vehicles, collector cars, car culture and the automotive lifestyle. He is the former automotive writer and editor for The Arizona Republic and SPEED.com, the website for the SPEED motorsports channel. He has written free-lance articles for a number of publications, including Autoweek, The New York Times and Barrett-Jackson auction catalogs. A collector car enthusiast with a wide range of knowledge about the old cars that we all love and desire, Bob enjoys tinkering with archaic machinery. His current obsession is a 1962 Porsche 356 Super coupe.