2-Day Collector Car Auction Concluded with 73% Sell-Through Rate
WALWORTH, WI – November 19, 2020 – (Motor Sports NewsWire) – Mecum Auctions’ forward momentum achieved another thrust ahead with a successful live classic and collector car auction event this past weekend in Las Vegas, as a group of 431 vehicles crossed the auction block. With bids pouring in from both live, on-site auction participants as well as those who opted to bid online from the comfort of home, the Mecum Las Vegas auction saw 316 vehicles hammer sold for a 73% sell-through rate and $13 million in overall sales.
Multiple vehicles in Las Vegas tied for coveted seats among the top sales list including the auction’s top two highest-hammering sellers: Shelby No. 00812, a 1967 Shelby GT500 Fastback (Lot F105), and a 2006 Ford GT (Lot F165). The Shelby, boasting a matching-numbers dual-quad 428 Police Interceptor engine, and the 9,581-mile GT both demanded healthy, six-figure sales, coming in at $253,000 each. The auction’s third and fourth top sellers tied one another as well with the 1967 Ferrari P4 Replica (Lot F162) and 1968 Ford Mustang GT500CR Fastback (Lot S88) each bringing in $225,500. Seats seven and eight saw yet another sale-price tie with a 1968 Shelby GT500 Convertible (Lot S126) and a 1963 Chevrolet Corvette Resto Mod (Lot S159) each reaching $165,000.
The Las Vegas auction also featured several private collections among the 431-vehicle lineup, with The Flintrock Collection emerging as an audience and bidder favorite. Along with the aforementioned top-selling Ford GT and Ferrari P4 Replica from the collection, the group’s other three offerings hammered sold as well for a 100% sell-through rate and an impressive $825,000 in total overall sales.
The complete top 10 collector-car sales at the Las Vegas 2020 auction include:
- 1967 Shelby GT500 Fastback (Lot F105) at $253,000
- 2006 Ford GT (Lot F165) at $253,000
- 1967 Ferrari P4 Replica (Lot F162) at $225,500
- 1968 Ford Mustang GT500CR Fastback (Lot S88) at $225,500
- 2012 Lamborghini Aventador LP700-4 (Lot S119) at $192,500
- 1966 Shelby GT350H Fastback (Lot F139) at $176,000
- 1968 Shelby GT500 Convertible (Lot S126) at $165,000
- 1963 Chevrolet Corvette Resto Mod (Lot S159) at $165,000
- 2015 Nissan GTR Nismo (Lot S87) at $156,750
- 1929 Rolls-Royce Phantom I Convertible Sedan (Lot F129) at $154,000
For access to complete auction results, sign up for a free MyMecum account at Mecum.com. Mecum’s next live auction event will be Kansas City 2020, which is slated for Nov. 20-21 at the Kansas City Convention Center in Missouri and is set to feature 600 vehicles on offer. 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.