75 Percent of All Vehicles Hammered Sold at Three-Day, 885-Car Auction
WALWORTH, WI – November 25, 2018 – (Motor Sports Newswire) – Mecum Auctions’ second annual collector-car auction in Las Vegas was deemed a success with $25.2 million in overall sales achieved as 667 vehicles hammered sold for a 75 percent sell-through rate. The results represent a 7 percent increase over last year’s totals.
The auction-headlining Academy of Art University collection saw 31 vehicles hammer sold for an overall total of $4 million, and four cars from the collection landed among the auction’s top sellers. The University’s 1930 Bugatti Type 46 Faux Cabriolet (Lot S98) boasting coachwork by Veth & Zoon came in as the auction’s top sale at just more than $1 million, and the 1930 Duesenberg Model J Dual Cowl Phaeton (Lot S130.1) brought $770,000, landing it the No. 2 slot. A 1934 Packard 1104 Super 8 Dual Cowl Sport Phaeton (Lot S125.1) from the collection claimed the third spot in top sales, and a 1935 Pierce-Arrow Model 1245 Silver Arrow (Lot S93.1) came in as No. 6.
Other top sales included a 1970 Plymouth Hemi Cuda (Lot S145) that brought $220,000 and Ardell Brown’s 1930 Cord L-29 Cabriolet (Lot S72), which sold for $203,500. In total, the complete Ardell Brown Estate Collection of vehicles and Road Art sold for well in excess of $5 million.
The complete top 10 collector-car sales at the Mecum Las Vegas 2018 auction include:
- 1930 Bugatti Type 46 Faux Cabriolet (Lot S98) at $1,012,000
- 1930 Duesenberg Model J Dual Cowl Phaeton (Lot S130.1) at $770,000
- 1934 Packard 1104 Super 8 Dual Cowl Sport Phaeton (Lot S125.1) at $258,500
- 1959 Mercedes-Benz 300D Cabriolet (Lot S180) at $244,750
- 1970 Plymouth Hemi Cuda (Lot S145) at $220,000
- 1935 Pierce-Arrow Model 1245 Silver Arrow (Lot S93.1) at $214,500
- 1930 Cord L-29 Cabriolet (Lot S72) at $203,500
- 2012 Terradyne Gurkha RPV Armored Vehicle (Lot F196) at $198,000
- 1999 Lamborghini Diablo VT Roadster (Lot S183.1) at $187,000
- 1959 Volkswagen Deluxe 23-Window Bus (Lot F163) at $181,500
For access to complete auction results, sign up for the free InfoNet service offered at Mecum.com. Mecum’s next auction will be in Kansas City, Missouri, this Dec. 6-8 featuring 700 vehicles, followed by the World’s Largest Collector Car Auction in Kissimmee, Florida, Jan. 3-13 featuring 3,500 classic and collector cars. For more details on upcoming auctions, to consign a vehicle or to register as a bidder, visit Mecum.com, or call (262) 275-5050 for more information.
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 30 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, Wisconsin. For further information, visit Mecum.com or call (262) 275-5050. Follow along with Mecum’s social media news and join us on Facebook, Twitter, YouTube, Pinterest and Instagram.
Source: Mecum Auction, Inc.