Mecum Auto Auction

Events, experiences, and memorabilia of cars built before 1985

Mecum Auto Auction

Postby Jay » Fri May 21, 2010 12:52 am

Yesterday, today and through Sat. night, the Mecum Auto Aution is live and in color on HD Theater, coming from the Indiana State Fair. So far, a 1966 Shelby GT350H is the top seller, with $130,000.00 being paid.
I don't know where Dana Mecum finds all these beautiful example of cars that come across the auction block. I need a drool cup from watching all of it.
The El Camino that was in "My Name Is Earl" was auctioned off last night for $6000.00 It really was a piece of shit, although it had a 455CID engine in it. It looks like Earl had just dropped it off, complete with the shitty looking plywood in the bed.
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Re: Mecum Auto Auction

Postby meteorite » Fri May 21, 2010 4:39 pm

I don't have any of the channels that cover auctions on my satellite, but in all honesty I don't miss them. But I do realize that they can give a good look and some background on the occasional highly exotic and/or highly desirable piece of machinery.
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Re: Mecum Auto Auction

Postby Jay » Fri May 21, 2010 9:08 pm

There have been a lot of nice vintage tin making it's way across the auction block. A real nice 1969 Mercedes convertible...I believe it was a 280 S.... with about 50,000 miles went for $60,000.00 . A 1966 Corvette with the solid lifter 427CID/425HP engine got as high as $75,000.00, but the reserve was not met. A 1989 Pontiac Trans Am with about 30,000 miles went for under $20,000.00 . I should write these things down, 'cause I can't remember everything...a 1966 Shelby Cobra roadster with the 427CID engine went for......$625,000.00 . A 1970 Olds 442 W30 coupe, with a 455CID/370HP, regarded as the best W30 in the nation, fully documented, 100% numbers matching....$95,000.00 .

Must be nice to have money.



The auction will be on the Discovery channel for an hour tomorrow, 22 May, from 2:00 - 3:00PM EDST for those of you that don't get HD Theater channel.
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Re: Mecum Auto Auction

Postby Jay » Fri May 21, 2010 11:47 pm

A 1969 Boss 429 Mustang....bidding got up to $195,000.00....the reserve was not met, so the bidding goes on. Cars at Mecum where the reserve is not met are still available to be bid on until the end of the auction. From what I understand, a lot of times the owner of the car will strike a deal with the high bidder.
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Re: Mecum Auto Auction

Postby Sean » Sat May 22, 2010 5:54 am

Funny, I'd rather have a 2011 Mustang 5.0 and buy a complete shop with the leftover $$$. Or a house. Or a fleet of other vehicles.

More power, more speed, better handling, better brakes, better acceleration, better reliability, better driving, easily 2-3x the fuel economy.....

Then again, the 429 is an obnoxious beast to behold....and the sounds of a BBF can be intoxicating.....but the same can be said of a DOHC 5.0 litre V8 winding out to 7 grand.... Hmmmm....

Maybe I'm to young to 'get it'...
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Re: Mecum Auto Auction

Postby Jay » Sat May 22, 2010 9:55 am

No, I don't think you do get it.....

Keep in mind on the prices, that the buyer also has a premium to pay to Mecum which equals 10% of the purchase price.

Dana Mecum is a rich man.
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Re: Mecum Auto Auction

Postby meteorite » Sat May 22, 2010 5:25 pm

Actually, wasn't he plenty rich before he ever got into car auctions?

Sean, yes, I think you do have to be of a certain age to get it. Right now you are beginning to run across things - people, cars, ideas, and such - you will come to cherish down through the years. The folks who are buying these cars now are the ones who lusted after them when they were your age, but didn't have the money to buy them. Now they have the money and they want them. You can tell from the prices how many folk want them and how badly they want them. Draw your own conclusions.
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Re: Mecum Auto Auction

Postby Jay » Sat May 22, 2010 9:38 pm

I'm so fickle...I've fallen in lust with a lot of cars over the last couple of days. There was a BEAUTIFUL 1969 Cyclone GT with something like 30,000 miles on it..390CID, auto, that ''Grabber Orange'' (although Ford called it some kind of red) that was popular back then..it sold in the neighborhood of $20,000.00


This car sold for $925,000.00 It is the current high sale of the auction for the weekend......
1963 Corvette
Here is the blurb from Mecum on the car:
The personal car of GM designer Harley J. Earl. Custom built Sting Ray given to Harley J. Earl as a gift from GM
- (Shop Order) S.O. 10323
- 327/300 HP engine
- Stainless steel side-exit exhaust
- Knock off wheels
- 4-speed manual transmission
- Metallic blue, custom Blue leather seats with white trim
- Stainless steel door and foot well inserts with plush carpeting
- Unique one-of-a-kind instrumentation (1965-67 flat design)
- Special unique gauges including altimeter, accelerometer, inside/outside temp, and vacuum pressure
- 1965-style 4-wheel disc brakes and dual circuit power brakes
- A mainstay of the Bloomington Gold Special Collection the Harley J. Earl Corvette is a one-of-a-kind factory special with singular historic pedigree
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Re: Mecum Auto Auction

Postby Sean » Sun May 23, 2010 2:16 am

What on earth would those extra gauges be for? :lol:
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Re: Mecum Auto Auction

Postby meteorite » Sun May 23, 2010 5:42 pm

Actually, I have the sense that Harley Earl listened to different voices than we lesser mortals. There were a lot of his decisions not everyone agreed with - just ask any critic of GM styling in the years when he was responsible for it.

I would expect that it would be the greatest treasure of the Bloomington Gold collection, and I can't imagine why anyone would be willing to let go of it, or how anyone could put an acceptable price on it.
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Re: Mecum Auto Auction

Postby Jay » Sun May 23, 2010 7:53 pm

Harley Earl was the closest thing to god that the automotive world of styling ever had...with Zora Arkus-Duntov a very close second. Earl was the father of the Corvette, but Arkus-Duntov turned it into the performance machine that it became.
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