Mecum posts $18.3 million in sales at Chicago auction

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Top-seller at the Chicago auction was this 1970 Ford Mustang Boss 429 | Mecum Auctions photos

Mecum Auctions’ annual Chicagoland auction generated $18.3 million in sales with a nearly 80 percent sell-through rate, the company reported.

The three-day sale, which sent 730 vehicles to new owners, was staged in the Renaissance Schaumburg Convention Center near Chicago’s O’Hare Airport.   Mecum is based just north of Chicago in Walworth, Wisconsin. 

Restored 1962 Ford Thunderbird sells for $220,000

The results this year marked an improvement over the 2017 auction, which posted $17.5 million in the sales of 896 vehicles at a 75 percent sell-through rate.

The top sale this year was a 1970 Ford Mustang Boss 429 that sold for $275,000. Also topping the $200,000 figure were a 1962 Ford Thunderbird convertible that had been driven less than 50 miles since being restored and a 1968 Shelby GT500 KR convertible originally owned by Chicago Cubs baseball star Ernie Banks.

The auction docket included 17 cars from the BRP Collection; they sold for $1.5 million; and another grouping from the Petrozzini Estate Collection that included a 1937 Western Clipper Motorhome that sold for $60,500.

Chicago Cubs baseball star Ernie Banks was the original owner of this 1968 Shelby GT500KR convertible

Top 10 sales, Mecum Chicago 2019

  1. 1970 Ford Mustang Boss 429, $275,000
  2. 1962 Ford Thunderbird convertible, $220,000
  3. 1968 Shelby GT500KR convertible, $209,000
  4. 1957 Chevrolet Corvette SRIII, $148,500
  5. 1968 Shelby GT500KR, $137,500
  6. 1967 Chevrolet Corvette convertible, $137,500
  7. 1953 Buick Skylark convertible, $121,000
  8. 1969 Ford Mustang Mach 1, $121,000
  9. 1967 Chevrolet Corvette convertible, $121,000
  10. 1966 Chevrolet Corvette convertible, $110,000
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(Prices reported include buyer’s fee.)

Mecum concludes its 2019 collector car auction season December 5-7 in  Kansas City, Missouri. It also has its Fall Premier sale by its Gone Farmin’ division scheduled for November 6-9 in Davenport, Iowa.

1957 Chevrolet Corvette SRIII
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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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