As it heads to Houston for its final on-site sale of the year, Mecum Auctions is reporting results from its most recent such event, its collector car auction November 20-21 at Kansas City, where a 70 percent sell-through rate sent 249 vehicles to new owners for a total price of $7 million.
The Kansas City event was Mecum’s fourth such sale in six weeks, the company noted.
Ford products claimed half of the positions in the auction’s top-10 listing, including the top-3 — a 2005 Ford GT, a 1970 Mustang Boss 429 and a 1970 Shelby GT500. Also making the list were a 1957 Fairlane 500 Skyliner and a 1970 Mustang Mach 1 Twister special edition, a fastback, Mecum noted, “originally built with the specific purpose of appealing to residents of the surrounding Midwestern region.”
The auction also featured The Etzel Family Collection, which sold in its entirety with three of its consignments among the top-10 — a 1957 Cadillac Eldorado Biarritz convertible, a 1936 Diamond T REO flatbed truck and a 1955 Cadillac Series 62 convertible.
Top-10 sales, Mecum Kansas City 2020
- 2005 Ford GT, $264,000
- 1970 Ford Mustang Boss 429, $209,000
- 1970 Shelby GT500 Mustang, $110,000
- 1957 Cadillac Eldorado Biarritz convertible, $110,000
- 1957 Ford Fairlane 500 Skyliner, $99,000
- 1970 Chevrolet Chevelle SS, $96,800
- 1936 Diamond T REO Flatbed, $95,700
- 1970 Ford Mustang Mach 1 Twister Special, $90,200
- 1955 Cadillac Series 62 convertible, $88,000
- 1971 Dodge Charger R/T, $86,900
(Prices include buyer’s fee.)
Mecum’s Houston auction runs December 3-5 at the NRG Center and will offer a docket of around 1,000 vehicles including a 1967 Chevrolet Chevelle SS 427 convertible, a 1971 Pontiac Trans Am BFG promotional “Tirebird,” a 2015 Chevrolet Corvette ZO6 and a 1967 Ford Bronco.
To see the full Houston docket, visit the Mecum website.
Mecum opens its 2021 auction calendar January 7-17 with its biggest event of the year, a 3,500-vehicle docket for its annual auction at Kissimmee, Florida.
I would suggest that auction prices are good simply for entertainment value. These prices have very little to do with what a buyer might be willing to pay for a “similar” vehicle in a private sale. I’ve seen too many collector car listings in which the seller is asking an absurdly high price price and justifying it by saying that similar vehicle just sold at auction for $XXX.
Just my personal 2 cents about auction prices