Mecum’s Inaugural Louisville Collector Car Auction Achieves $13.4 Million

14 09 2016

Three-Day Auction Highlighted by
American Muscle and Horsepower on Tap

WALWORTH, WI – September 14, 2016 – (Motor Sports Newswire) –  Mecum Auctions’ first-ever Louisville classic and collector car auction brought $13.4 million in total sales throughout the three-day event with 440 vehicles hammering sold Sept. 8-10. Top sellers at the auction were a great reflection of what the Mecum brand is best known for with the 10 highest sale prices achieved almost exclusively by American Muscle and Corvettes.

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1970 Chevrolet Chevelle LS6 Convertible (Lot S115)
454/450 HP, 4-Speed, Well Documented
Photo by Maggie Pinke, Courtesy of Mecum Auctions

Each morning, the tone of the auction was set with the help of the Kentucky Derby’s official bugler Steve Buttleman playing the National Anthem, but instead of opening up for horses, he was opening up for horsepower. The energy and enthusiasm of the auction were further enhanced by the Dodge Thrill Rides taking part on-site at the Kentucky Exposition Center as part of a multiyear sponsorship by the company.

mecum-louisville-1970-ford-mustang-boss-429-fastback

1970 Ford Mustang Boss 429 Fastback (Lot S118)
KK No. 2240, Build Sheet
Photo by Maggie Pinke, Courtesy of Mecum Auctions

The Louisville auction’s top sellers included a host of the vehicles most closely associated with the Mecum name topped by a four-speed 1970 Chevrolet Chevelle LS6 convertible that hammered for $280,000. Other top sellers included both vintage and modern muscle with a 1970 Ford Mustang Boss 429 fastback at $255,000 and a 2005 Ford GT at $250,000. A stunning 1962 Chevrolet Corvette Resto Mod promised the best of both worlds with vintage good looks and modern performance demanding a $200,000 sale price. An especially notable sale was that of a four-speed 1970 Pontiac GTO Judge Convertible that gaveled for an outstanding $132,500.

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2005 Ford GT (Lot S147)
Supercharged 5.4/550 HP, 1,259 Miles
Photo by Maggie Pinke, Courtesy of Mecum Auctions

The complete top 10 sales at the Mecum Louisville 2016 auction include (all individual sales reflect hammer prices):

  1. 1970 Chevrolet Chevelle LS6 Convertible (Lot S115) at $280,000
  2. 1970 Ford Mustang Boss 429 Fastback (Lot S118) at $255,000
  3. 2005 Ford GT (Lot S147) at $250,000
  4. 1962 Chevrolet Corvette Resto Mod (Lot S125) at $200,000
  5. 1989 Porsche 911 Speedster (Lot S121.1) at $145,000
  6. 1968 Shelby GT500 Fastback (Lot S96) at $135,000
  7. 1970 Pontiac GTO Judge Convertible (Lot S98.1) at $132,500
  8. 1967 Shelby GT500 Fastback (Lot S96.1) at $112,500
  9. 1961 Chevrolet Corvette Big Brake Fuelie (Lot S97) at $90,000
  10. 1969 Shelby GT500 Fastback (Lot S159) at $90,000

mecum-louisville-kentucky-derbys-official-bugler-steve-buttleman-playing-the-national-anthem

Kentucky Derby’s official bugler Steve Buttleman playing the National Anthem
Mecum Louisville 2016
Photo by Maggie Pinke, Courtesy of Mecum Auctions

For access to complete auction results and other member benefits, sign up for the free InfoNet service offered at Mecum.com. Mecum’s next classic and collector car auction will be a 1,000-car offering in Chicagoland at the Renaissance Schaumburg Convention Center, Oct. 6-8, followed by another 1,000-car auction in Dallas, Nov. 2-5. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, 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, vintage and antique motorcycle, and Road Art sales, hosting auctions throughout the United States. The company has been specializing in the sale of collector cars for 29 years, now offering more than 20,000 lots 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 Mecum.com or call (262) 275-5050.

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Source: Mecum Auction, Inc.

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