Mecum Monterey 2019 Approaches $40 Million

Diversity Dominates the Block at Daytime Auction on Del Monte Golf Course

WALWORTH, WI  – August 28, 2019 – (Motor Sports NewsWire) – Mecum’s recent collector car auction, held Aug. 15-17 in Monterey, California, brought $32.2 million in overall sales by auction close, and totals have since reached $38 million with the addition of successful post-auction Bid Goes On deals and sales of vehicles within the Blackhawk Exposition offering. As negotiations continue, Monterey totals are still growing and quickly closing in on the $40 million mark. Leading the live auction’s top-selling vehicles was a magnificent 1967 Ferrari 275 GTB/4 (Lot F119) that brought in a strong $2.75 million.

The GTB/4 was far from the only Ferrari to demonstrate a strong demand at the Monterey auction. In fact, top sales were dominated by Ferrari’s finest, with the top two high sellers both of the Prancing Horse brand and the top 10 list including a total of four Ferrari factory creations. While it was a vintage Ferrari that came out on top, the second-highest seller hailed from modern-day Maranello in the form of a 2014 Ferrari LaFerrari (Lot S102) that sold for $2.64 million. Other seven-figure sales included a 2015 Porsche 918 Spyder (Lot F91.1) with low miles and the desirable Weissach Package, which sold for $1.43 million; a one-of-200 1966 Ferrari 275 GTS (Lot F122) that brought $1.1 million; and the last 289 Cobra sold to the public (Lot F139), CSX2588, which garnered a $1.05 million sale.

The exclusive lineup of vintage and collectible motorcycles that was offered at Monterey proved to be a winning one as well, with six examples bringing in six-figure sales. Two coveted Crocker small-tanks topped all motorcycle sales as an unrestored 1936 model (Lot S103) brought a whopping $825,000, and a restored 1937 example (Lot S142) achieved $715,000.

Leading up to the Monterey auction kickoff, on Aug.14, Mecum announced the upcoming offering of the 1968 Ford Mustang GT hero car from the classic Steve McQueen action movie “Bullitt” in a dramatic reveal by Dana Mecum and Bullitt Mustang owner Sean Kiernan. The car, after nearly a half-century in hiding, is slated to cross the auction block at the world’s largest collector car auction in Kissimmee, Florida, in January 2020.

The complete top 10 collector-car sales at the Mecum Monterey 2019 auction include:

1. 1967 Ferrari 275 GTB/4 (Lot F119) at $2,750,000
2. 2014 Ferrari LaFerrari (Lot S102) at $2,640,000
3. 2015 Porsche 918 Spyder (Lot F91.1) at $1,430,000
4. 1966 Ferrari 275 GTS (Lot F122) at $1,100,000
5. 1965 Shelby 289 Cobra CSX2588 (Lot F139) at $1,045,000
6. 1936 Crocker Small Tank (Lot S103) at $825,000
7. 1935 Auburn 851 SC Boattail Speedster (Lot S131) at $742,500
8. 1973 Ferrari 365 GTB/4 Daytona (Lot S113) at $715,000
9. 1937 Crocker Small Tank (Lot S142) at $715,000
10. 1933 Stutz DV-32 Dual Cowl Phaeton (Lot S126) at $495,000

For access to complete auction results, sign up for the free InfoNet service offered at Mecum.com. Mecum’s next auction will be Dallas 2019 this Sept. 4-7 at the Kay Bailey Hutchison Convention Center with 1,000 vehicles slated to cross the auction block. Highlights among the Dallas lineup include Mopars like a 1971 Dodge Hemi Charger R/T and 1969 Dodge Daytona from collector Peter Swainson, as well as American performance cars from Tommy Cronk and classic Bowtie bruisers from Hugh Sieck. 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.

####