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Analyzing 2017 Barrett-Jackson Auction and Mecum Kissimmee Auction Results

Analyzing 2017 Barrett-Jackson Auction and Mecum Kissimmee Auction Results

Classic pickup trucks are coming into their own as recent high profile auctions show. Here is a 1957 Chevrolet Cameo Carrier Pickup from Arizona Classics in Scottsdale. A very nice truck like this sold for $77,000 at the recent 2017 Barrett-Jackson Auction.

 

Market Trends Report Shows Collector Car
Values Remain Flat After High Profile Auctions …

In analyzing 2017 Barrett-Jackson Auction and Mecum Kissimmee Auction results, Cars On Line.com says average prices on collector cars remain the same as last year. The internet’s most popular collector car website sent teams to cover both auctions in January. The expectation of accelerating collector car values peaked the interest in these two high profile auctions. They are a barometer of collector car price trends for the coming spring market. But overall sales figures for both auctions were down slightly from last year.

Cars On Line.com keeps track of price trends in the collector car market. They watch a sample group of collector cars which change hands most frequently.  Then they calculate the average values for these cars. They watch only No. 2 condition cars in their analysis. The average values you see here are calculated based only on vehicles in No. 2 condition, considered show quality. (For a breakdown of condition class, see the Condition Class explanations below.)

Here is what Cars On Line.com found in analyzing 2017 Barrett-Jackson Auction and Mecum Kissimmee Auction results (with average values from the two auctions shown in the “January” column.) The “2016” column shows prices as of the end of the year 2016. The “January” auctions column totals are down from the 2016 column totals by one percent. That wasn’t what collectors were expecting this year.

Year, Make Model Condition 2008 2016  January
FORD
1928 Ford Model A Roadster No. 2 $23,100 $19,900 $26,725
1955 Ford F100 No. 2 $23,100 $24,267 $42,000
1956 Ford Crown Victoria No. 2 $33,500 $33,500 $47,850
1957 Ford Retractable No. 2 $53,700 $44,500 $36,300
1957 Ford Thunderbird No. 2 $55,500 $46,625 $47,250
1965 Mustang Convertible No. 2 $33,800 $31,313 $42,850
1966 Shelby GT350 No. 2 $164,100 $172,688 $132,000
1967 Shelby GT500 No. 2 $191,000 $161,000 $115,500
1967 Mustang GT Fastback (S CODE) No. 2 $26,500 $66,300 $52,250
1969 Mach 1 Mustang (M CODE) No. 2 $37,400 $46,817 $36,500
1969 Mach 1 428 CJ (R CODE) No. 2 $81,000 $67,578 $63,738
1969 Boss 429 Mustang No. 2 $269,500 $281,375 $298,300
1970 Boss 302 Mustang No. 2 $85,000 $72,433 $69,639
1970 Ford Torino 429 CJ No. 2 $45,900 $63,300 $50,000
CHEVROLET
1954 Corvette No. 2 $111,600 $72,025 $75,200
1955 Bel Air Hardtop No. 2 $32,200 $36,725 $56,100
1955 Bel Air Convertible No. 2 $64,750 $76,167 $63,850
1957 Bel Air Hardtop No. 2 $62,700 $51,407 $50,942
1957 Bel Air Convertible No. 2 $94,500 $80,159 $86,642
1957 Cameo Pickup No. 2 $26,250 $43,933 $77,000
1958 Chevy Impala Convt (348 Tripower) No. 2 $99,000 $120,450 $82,500
1963 Corvette Split Window Coupe No. 2 $71,400 $93,107 $86,938
1967 Chevelle SS 396 No. 2 $54,400 $46,308 $47,533
1967 Camaro Convertible No. 2 $28,700 $32,000 $41,750
1967 Corvette 427/435 Convertible No. 2 $250,500 $163,667 $176,950
1969 Camaro Z/28 No. 2 $81,675 $64,632 $71,711
1970 Chevelle SS 396 No. 2 $55,825 $53,750 $48,800
1970 Chevelle LS6 454 No. 2 $98,580 $100,000 $120,920
EDSELS
1958 Edsel Pacer Convertible No. 2 $29,400 $53,950 $45,000
MOPARS
1957 Dodge Sweptside Pickup No. 2 $15,400 $49,625 $150,000
1967 Dodge Coronet R/T No. 2 $22,400 $32,300 $33,000
1970 Dodge Challenger T/A No. 2 $89,600 $72,000 $64,725
1970 Dodge Super Bee No. 2 $54,000 $58,581 $63,850
1967 Plymouth GTX No. 2 $51,500 $36,133 $31,555
1970 Plymouth Cuda AAR No. 2 $99,900 $88,583 $77,000
1970 Plymouth SUPERBIRD No. 2 $156,000 $162,417 $177,025
1970 HEMI Cuda No. 2 $261,400 $242,688 $239,875
1970 Plymouth Road Runner No. 2 $80,300 $49,450 $39,050
CADILLAC
1957 CADILLAC S62 CONVERTIBLE No. 2 $54,950 $77,698 $82,500
1976 CADILLAC ELDORADO CONVERTIBLE No. 2 $16,800 $37,100 $27,150
PACKARD
1953 PACKARD CARIBBEAN CONVERTIBLE No. 2 $42,000 $90,100 $102,500
PONTIAC
1965 PONTIAC GTO (389 TRIPOWER) No. 2 $35,000 $62,233 $40,100
1970 PONTIAC GTO JUDGE No. 2 $56,700 $53,500 $61,966
1973 TRANS AM SUPER DUTY No. 2 $45,000 $80,000 $63,000
1977 BANDIT TRANS AM No. 2 $18,000
$35,800
$46,200
BUICK
1954 SKYLARK CONVERTIBLE No. 2 $72,450 $136,000 $109,825
1970 BUICK GS STAGE 1 CONVERTIBLE No. 2 $89,000 $135,000 $93,500
OLDSMOBILE
1957 OLDSMOBILE STARFIRE CONVERTIBLE No. 2 $62,500 $105,000 $80,300
1970 OLDS 442 W30 No. 2 $57,800 $96,533 $76,000
AUSTIN-HEALEY
1967 AUSTIN HEALEY 3000 BJ8 No. 2 $35,000 $84,500 $42,900
JAGUAR
1967 JAGUAR XKE ROADSTER No. 2 $64,050
$71,904
 $115,500
STUDEBAKER
1957 STUDEBAKER GOLDEN HAWK No. 2 $19,800 $51,500 $95,700

 

CONDITION CLASSES

Class One (Excellent):

Almost always a “body off” restoration, or an untouched, factory-perfect, piece that is very close to perfect. All components are either original or appear as new and are fully operational. This car is a top show winner and is not driven, but transported to shows by trailer. This car is almost “one of a kind”. This particular class of vehicle is very rare. The vehicle is completely detailed, including the engine compartment, interior trim, wiring, suspension, paint, and frame. Ideally, this vehicle has been judged with other vehicles in its class and achieved the highest point ratings.

Class Two (Very Good):

This car is well restored with an eye for detail. The interior and exterior show minimal wear, and it runs and rides smoothly. The car is driven very little (maybe 800 to 1,000 miles per year). This class is a slight grade below Class One. A Class Two has not been detailed to the extent that a Class One has been. This class (Class Two) has some evidence of use and wear, although not very much. It is considered “cherry” or “mint”. This vehicle might appear as a Class One until judged against one. It would not qualify as a 95, or better, “point” vehicle. (This class should have no rust on the undercarriage, not even surface rust. The undercarriage should be detailed as new.)

Class Three (Good):

This is a functional, drivable vehicle in good overall condition needing no, or only minor work. Most vehicles at car shows reflect this condition. This car is what is termed a “20 footer”. From 20 feet, it may look very good. Close inspection, however, would reveal some worn interior trim, and less than perfect paint (worn, and perhaps faded). You may even see some early evidence that surface rust is beginning in the body panels. This car is completely operational and is an “older restoration”. It is driven fairly often, runs great, and is enjoyed by its owner. It is probably a candidate for a full restoration. The undercarriage may display surface rust, and may be in need of detailing. Chrome and trim may exhibit limited pitting

Class Four (Fair):

This type of car is a fun “driver” with a solid frame and is structurally sound. This car is in need of considerable work. It needs work in and out. Cosmetics, body, and mechanical components all need work, to some degree. It is not a serious collector candidate. Soft floors, isolated areas where rust has eaten through (but not structural), excessive use of Bondo, lots of pitted chrome, glass repairs are symptoms of this condition. Badly soiled headliners, badly soiled and ripped upholstery, rusted out trunks are also signs.

Class Five (Poor):

This type of car is in need of complete restoration and may, or may not, be able to be driven. The exterior body panels have significant areas of rust-through. The floor and structural components may, or may not, be intact. This car is usually the first project for layman’s attempt at restoration.

Class Six (Parts Car):

This type of car is good for parts only.

Mecum Auction Kissimmee 2016 Big Muscle Car Sale

Mecum Auction Kissimmee 2016

The bids went over $600,000 on this 1969 Camaro ZL1 at the Mecum Auction Kissimmee 2016 on Saturday.

 

Mecum Auction Kissimmee 2016 Final Gavel …

Some came to the Mecum Auction Kissimmee 2016 for the opportunity to buy top level muscle cars  while others came here just to witness the much heralded event.  “I want to be able to say I was there,” one collector told us. So as the final gavel fell we collectively agree that we have just experienced the most spectacular event of its kind in the collector car kingdom. Among the collectors who took part in the Mecum Auction sale here in Kissimmee, Florida there is no doubt in anyone’s mind that this was the greatest muscle car show of all time. More important, there is a sense here that finally collectors are seeing prices return to pre-recession levels like those before 2008, especially on top quality Mopar muscle cars. Of the top ten sales here Friday and Saturday, seven were Mopars.

The Friday sale was “Prime Time” for Mopar collectors. Just as expected, the two top sales at the Mecum Auction Kissimmee 2016 on Friday were the yellow 1970 Plymouth Hemi Cuda Convertible which sold for $2,675,000 and the white 1971 Plymouth Hemi Cuda Convertible sold for $2,300,000. Prime Time Friday here in Kissimmee at the Mecum Auction brought a record sale. Top collectors from all over the country were on hand. One of our Cars On Line Dealer Network classic car dealers told us he had sold 53 cars here this week. Here are some of the top sales for Friday:

Hope you followed us on Twitter and Facebook to be part of all the excitement here in Kissimmee.

A rare 1963 Corvette Z06 Tanker was the top sale of the day on Saturday here at the Mecum Auction Kissimmee 2016 as the biggest muscle car show in history convened. The Corvette was one of only 63 built by Chevrolet in ’63 and was originally equipped with an over-sized gas tank for racing. It sold for $710,000. This particular “tanker” has achieved Bloomington Gold Hall of Fame status and is highly desirable to Corvette collectors.  And, inspite of strong winds and overcast skies here in Kissimmee, collectors came in big numbers to appreciate the historic sale.

Here are some of the top cars in the Prime Time Saturday sale:

Of all the mighty Mopar muscle cars, fabulous ’50s classics and incredible exotics featured here, ironically a 2014 Mercedes-Benz SLS AMG (shown in the photo at the top of the page) captured the second highest sale price on Saturday at the Mecum Auction Kissimmee 2016. It sold early Saturday afternoon for $387,500. The exotic luxury car is part of the Black Series for AMG, and is said to have only 1,800 miles.

It was unseasonably cold and windy here at the Mecum Auction Kissimmee 2016 on Saturday, but the wind and overcast skies did not keep collector car buyers from packing the Osceola Heritage Park. Buyers and spectators were in high spirits following a record breaking Friday sale, and they all knew that some of the best cars were still to come.

 

On Thursday at the Mecum Auction Kissimmee 2016 a 1962 Resto Mod Corvette sold for $135,000, topping a lineup of heavy metal muscle cars, the kind we expected to see here in Kissimmee. These were among the more “blue collar” muscle cars at the show. The top quality cars were scheduled for Friday and Saturday, by and large.

While Thursday was a stellar moment in the history of the Kissimmee Auction held annually here in central Florida, it was just a warmup for the huge day we were looking forward to on Friday. As part of the premier Muscle Car Sale of the year, Cars On Line.com was here to cover the Mecum Auction Kissimmee 2016.

Everybody has been talking about it since late fall of 2015. This is the one collector car auction you could not to miss for 2016. This Mecum Auction is so big it is creating a buzz in the collector car market just when Wall Street and the stock market are teetering. Investors who are pulling their money out of the stock market may be eyeing up these choice collector cars as a more hands-on way to invest their money. Dana Mecum has pulled a rabbit out of his cap just when the classic car hobby needed it the most.

The Mecum Auction Kissimmee 2016 drew some of the top muscle cars in the country. And with them came the top muscle car buyers. Many of the buyers for big collections were on-hand to cherry pick those rare Mopars, early Trans Ams and Boss 9’s which have been advertised for sale here in Kissimmee. The selection was amazing. There were over 3,000 cars scheduled to cross the auction block during the week long auction show and sale.

From what we were hearing from the top Mopar collectors in the country, many indicated that this was the place to be. The reason is because Dana Mecum had put together the best muscle car auction docket in history. There has never been anything like it.

A recent Mecum press release also noted that there would be seven Boss 429 Mustangs crossing the auction block. We know that two of the eight 1969 Pontiac Trans Am Convertibles produced from the factory were in the sale. And we counted six 1970 Chevelle LS6 454/450 hp cars in the sale, one being a rare convertible. There were also a good selection of hot 1950’s classics, street rods and customs as well as vintage classics.

Portions of the auction were broadcast live on NBC Sports Network. TV Schedule (NBCSN, unless noted otherwise): Thursday, Jan. 21 from 7:30-11 p.m. (Same Day Delay) and 11 p.m.-3 a.m. (Next Day Delay); Friday, Jan. 22 from noon-6:30 p.m. (Live) and 10 p.m.-1 a.m. (NDD); Saturday, Jan. 23 from 4:30-10 p.m. (SDD); Sunday, Jan. 24 from 5-11 p.m. (Delay); Special NBC broadcast on Sunday, Jan. 31 from 2-3 p.m. You may be able to catch the replays of these sales during coming weeks on NBCSN. 

 

 

Pebble Beach Concours Week Auctions

1964 Ferrari 250 LM by Scaglietti was the top sale during Pebble Beach Concours Week

1964 Ferrari 250 LM by Scaglietti was the top sale during Pebble Beach Concours Week. The aluminum block V-12 sold for $17,600,000.  (RM/Sotheby’s photo.)

Pebble Beach Concours Week Auctions
Bring Exciting Auction Action to Monterey …

MONTEREY, CA — While most year’s the big auction sales during Pebble Beach Concours Week save their best cars for last, RM/Sotheby’s brought an imortant collection to their sale on Thursday evening. A packed crowd with every bidder seat filled was on hand for what they called the Pinnacle Collection sale. The two top sales of the week here at Concours Week happened at the RM/Sotheby’s Auction on Thursday. First a 1964 Ferrari 250 LM by Scaglietti burst onto the stage to loud applause. When the hammer dropped it had been sold for $17,600,000 (commission included.) The Scaglietti modeled Ferrari had an aluminum block V-12. Later a 1998 McLaren F1 “LM Specification”, one of the most iconic racing McLarens of all time, crossed the block at $13,750,000 with commission.

Saturday night was to be the “big show” for the Pebble Beach Concours Week Auctions with both the RM/Sotheby’s and Mecum Auctions drawing a large number of buyers. The top sale on Saturday was a 1956 Ferrari 250 GT Berlinetta which sold for $12,000,000 (before commission) at the RM/Sotheby’s Auction. Click here to view the top cars and sales prices from the RM/Sotheby’s Auctions this week.

Just as the 2015 Pebble Beach Concours d’ Elegance came to an end for another year on Sunday the Gooding & Company Auction began its second session. The top sale of the evening was a 1961 Ferrari 250 GT SWB California Spider which sold for $15,300,000 before seller’s commission. Click the arrows in the slideshow below to see more of the top cars at the Gooding & Company Auction.

On Friday evening a black 1970 Plymouth Hemi Cuda Convertible crossed the auction block at the Mecum Auction in Monterey. The official sales price was $2,250,000 before commission. It  was the top sale for Mecum that night as the Monterey Auctions were well underway here during Concours Week in the buildup to the Pebble Beach Concours d’ Elegance on Sunday. Cars On Line was on hand to bring you the action all weekend in photos and video from the Monterey Peninsula. Here are some of the cars we will see crossing the block at the Mecum Auction:

At the Bonham Auction on Friday the top sale was a 1951 Ferrari 212 Inter Cabriolet crossing the block for $2,000,000. The Bonham Auction is a smaller, more intimate setting where the offerings are quite discrete. Here are some of the highlights of the sale:

There was some serious money here during the Pebble Beach Concours Week Auctions as four big name auction companies sold top tier collector cars in the shadow of the 2015 Pebble Beach
Concours d’Elegance. Although the Concours is what brings most collectors to the peninsula on the Pacific Ocean this week, a number of top name auction companies are also here to ween buyers for their top collector car offerings.

An estimated 1,100 cars were sold here last year so you can bet there will be lots to see. Photo journalist Bob Boberg of eClassicAutos.com reported that prices at the Mecum Auction, RM Auction, Gooding & Company and Bonhams Auction were up markedly last year. We counted over 110 cars sold for over seven figures here last year.  It was after this show last year that we noticed the collector car market really took off. Prices were escalating on high end classic Ferraris and rare vintage cars, and that trend has carried through to today.

We’ll be getting some of the wrapup statistics from the big three auction companies. Stay tuned to this page for more info.

 

 

 

 

2015 Pebble Beach Concours D’ Elegance

Best of Show 2015 Pebble Beach Concours

They just announced the Best of Show winner at the 2015 Pebble Beach Concours, a 1924 Isotta Fraschini Tipo 8A owned by Jim Patterson of Louisville, KY. (Photos by Bob Boberg of eClassicAutos.com.)

2015 Pebble Beach Concours Best of Show  …

CARMEL, CA — The confetti has flown and this year’s Best of Show at the 2105 Pebble Beach Concours 2014 Pebble Beach Concours D'Eleganced’Elegance has been chosen. In the midst of the tension and excitement here at the Pebble Beach Golf Club, a 1924 Isotta Fraschini Tipo 8A Cabriolet, an elegant gentleman’s sport touring car, has been chosen the Best of Show for this 65th Annual Grand Concours. The proud owners are Jim and Dot Patterson of Louisville, Kentucky.

Here are some of the photos captured at the event by Bob Boberg of eClassicAutos.com for our Cars On Line readers. The Italian made 1924 Isotta Fraschini Tipo 8A Cabriolet was coach built on a 145-in chassis for show competition in the early 1930’s in Europe. It was recently restored to this condition just in time to be shown here at the 2015 Pebble Beach Concours d’ Elegance.

1924 Isotta Fraschini Tipo 8A wins Best of Show

1924 Isotta Fraschini Tipo 8A wins Best of Show

Click here to read the full story on the 2015 Pebble Beach Concours d’ Elegance as well as see photos of all the top awarded motorcars.

Well this is the day everybody had been waiting for here on the Monterey Peninsula where the 2015 Pebble Beach Concours d’Elegance was held at the Pebble Beach Golf Links. Here at the 18th fairway of the famous golf course on the Carmel Bay were gathered some of the finest vintage motorcars of all time. To be considered the Best of Show here at the 2015 Pebble Beach Concours is the highest award you can achieve in the collector car hobby.

SOLD! The scoreboard behind the auctioneer shows this 1961 Ferrari 250 GT SWB California Spider brought a final price of $15,300,000. (Photos by Bob Boberg of eClassicAutos.com)

SOLD! The scoreboard behind the auctioneer shows this 1961 Ferrari 250 GT SWB California Spider brought a final price of $15,300,000. (Photos by Bob Boberg of eClassicAutos.com)

The afternoon judging at the 2015 Pebble Beach Concours was hardly over when the Gooding & Company Auction got into full swing. And they did not disappoint. A 1961 Ferrari 250 GT SWB California Spider 2014 Pebble Beach Concours D'Elegancewas the top sale of the night crossing the block for a cool $15,300,000 price tag.

This was not the top sale of the week however. Click this link to view all of the auction action and see the prices as Bob Boberg and his wife Donna covered Concours Week here at the 2015 Pebble Beach Concours.

One of the pre-concours events is the Tour d’ Elegance. All of the judged cars that will compete in the concours are required to complete the Tour before they are judged. Click the video window below to see some of the cars coming into Carmel, California at the end of the Tour:

The world’s grandest car event is held here on the 18th hole at the Pebble Beach Golf Links. It is the culmination of a week-long festival of events and collector car auctions like you have never seen before in your life. We’ll attempt to give you a little taste of what this event is like. Follow this page all weekend as we update with photos and fast facts about the auctions and action from Monterey’s weeklong auto extravaganza.  

These cars make the difference when both black-tie bourgeoisie and baseball cap crowned gearheads stand shoulder to shoulder craining their necks to get a look. Click here to see photos from the Pebble Beach Tour D’Elegance as historic cars arrived back at Pebble Beach after their tour.

There will be serious money here during Concours Week as four big name auction companies auction off  top tier collector cars in the shadow of the 2015 Pebble Beach Concours d’Elegance. Although the Concours is what brings most collectors to the peninsula on the Pacific Ocean this week, a number of top name auction companies are also here to ween buyers for their top collector car offerings.

Saturday night was the “big show” for the Pebble Beach Concours Week Auctions with both the RM/Sotheby’s and Mecum Auctions drawing a large number of buyers. The top sale was a 1956 Ferrari 250 GT Berlinetta which sold for $12,000,000 at the RM/Sotheby’s Auction Saturday evening. Click here to view the top cars and sales prices from the RM/Sotheby’s Auction.

On Friday evening a black 1970 Plymouth Hemi Cuda Convertible crossed the auction block at the Mecum Auction in Monterey. The official sales price was $2,250,000 before commission. It  was the top sale for Mecum tonight as the Monterey Auctions are underway here during Concours Week in the buildup to the Pebble Beach Concours d’ Elegance on Sunday. Cars On Line will be on hand to bring you the action all weekend in photos and video from the Monterey Penninsula. Here is a link to the results of the Pebble Beach Concours Week Auctions.

Here are some highlights from the 2015 Pebble Beach Concours and the big sales here at Monterey’s Concours Week Auctions.

1924 Isotta Fraschini Tipo 8A wins Best of Show at 2015 Pebble Beach Concours A 1924 Isotta Fraschini Tipo 8A Cabriolet wins 2015 Pebble Beach Concours Best of Show. Click here to see more photos and full story on the winner and runners up from this year’s show.
Biggest sale, 1964 Ferrari 250 LM by Scaglietti sold for $17,600,000 at RM/Sotheby's Auction at the 2015 Pebble Beach Concours Highest sale of the week was at the RM/Sotheby’s Auction in Monterey, a 1964 Ferrari 250 LM by Scaglietti sold for $17,600,000 on Thursday. (Click here to see more cars and prices from the Pebble Beach Conours Week Auctions.
1951 Ferrari 212 Inter Cabriolet sold at Bonhams Auction during 2015 Pebble Beach Concours Top car at the 2015 Bonhams Auction, a 1951 Ferrari 212 Inter Cabriolet sells for $2,000,000 on Friday. (Click here to see more cars and prices from the Pebble Beach Conours Week Auctions.
1961 Ferrari 250 GT SWB California Spider brought a final price of $15,300,000 A 1961 Ferrari 250 GT SWB California Spider sold for $15,300,000 Sunday night at the Gooding & Company Auction. (Click here to see more cars and prices from the Pebble Beach Conours Week Auctions.
1970 Plymouth Hemi Cuda Convertible at Mecum Auction at 2015 Pebble Beach Concours 1970 Pymouth Hemi Cuda Convertible sold for $2,250,000 Friday night at the Mecum Auction during Pebble Beach Concours Week. (Click here to see more cars and prices from the Pebble Beach Conours Week Auctions.

An estimated 1,100 cars were sold here last year so you can bet there will be lots to see. Bob reported that prices at the Mecum Auction, RM Auction, Gooding & Company and Bonhams Auction were up markedly last year. We counted over 110 cars sold for over seven figures here last year.  It was after this show last year that we noticed the collector car market really took off. Prices were escalating on high end classic Ferraris and rare vintage cars and that trend has carried through to today. What will happen this year at Monterey? We’ll know very soon. Stay tuned to this page for all the relavant news.

Dana Mecum’s Indy 2015 Spring Classic Auction

Indy 2015 Spring Classic Auction

The house was packed at Dana Mecum’s Indy 2015 Spring Classic Auction as the Larry Gehrig Collection of eight 1958 Fuelie Corvettes crossed the auction stage. (Photos by Bob Boberg of eClassicAutos.com.)

Indy Spring Classic Auction sells Muscle Cars …

Action was heavy well into the night when a 1969 Boss 429 Mustang was the final sale during the prime time televised portion of Dana Mecum’s 2015 Indy Spring Classic Auction. The Boss 9 was the top sale of the night here in Indianapolis as it sold for $465,000. That was quite a closer for the television viewing audience.

Here are some of the sales we were following for our readers. Click the thumbnails below to view cars in the Saturday sale:

One of the big stories at Dana Mecum’s Indy 2015 Spring Classic Auction revolved around a number of interesting private collections being sold. The one we were focused on was the Larry Gerig Collection which included eight 1958 Fuelie Corvettes each of which had one of the eight standard colors you could have ordered on a Corvette in ’58 … the entire color chart. These special ’58 Corvette Fuelies were all auctioned off in sequence on Saturday (see photos in the slider above.)  They say all eight Corvettes have achieved NCRS Top Flight status and are Bloomington Gold certified. All were 4-speeds. Amazing! Then another 1958 Corvette, a one-of-a-kind GM Anniversay Edition, crossed the block on Saturday. It wears its factory original special order Inca Gold color, used to celebrate Chevrolet’s milestone achievement. It was the 39 millionth Chevrolet sold, so they did a special one-off paint job for this car only. (See it in the slider above.)

We were following the auction action in real time here today with Bob Boberg of eClassicAutos.com feeding us photos and prices as the cars rolled off the auction block. The auction arena was packed with bidders today. The interest in top quality muscle cars was even more intense than usual.

Overall here are the top 10 sales for the Indy 2015 Spring Classic Auction:
F183 – 1967 Shelby 427 Cobra – $1M
F188 – Ferrari 365 GTB/4 Daytona – $775K
S142 – 1969 Boss 429 – $465K
F221 – 2005 Ford GT – $380K
F181 – 1965 Shelby GT350 – $355K
S186 – 1972 Ferrari 365 GTC/4 – $300K
S184 – 1978 Ferrari 512 BB – $275K
F195 – 1967 Maserati Ghibli — $220K
S137 – 1963 Ford Galaxie 500 Lightweight – $220K
S42 – 1969 Boss 429 – $185K

Cars On Line.com newsletter readers will want to know that the Paul Walker ’93 Toyota Supra (from the first Fast and Furious movie) sold for $185,000. The Supra has been fully restored to its glamor movie role condition. Later in the Saturday sale, the Vin Diesel 1970 Dodge Charger from the same Fast and Furious movie sold for $88,000. The Charger was used in the final crash scene of the first movie and was in its unrestored “demolished” condition. Cars On Line newsletter readers know these cars well since they were both listed in our Celebrity Car Section online. See both cars in the slider below.

1965 Shelby 427 Cobra sells for $1,000,000

If you said this real deal 1967 Shelby 427 Cobra looked like a million dollars, you’d be right. That’s what it sold for here at Dana Mecum’s Indy 2015 Spring Classic Auction Friday evening. (Photo by Bob Boberg of eClassicAutos.com)

The high dollar car sold here at Dana Mecum’s Indy 2015 Spring Classic Auction on Friday night was a real deal 1967 Shelby 427 Cobra from the Don Davis Collection. The Shelby blue big block Cobra went for a cool $ million. The other Cobra, a 1965 Shelby 289 Cobra from the same collection, did not sell when it reached the $1 million mark because the seller would not release his reserve. Another high dollar sale from that collection was a 1971 Ferrari 365 GTB/4 Daytona Berlinetta which sold for $775,000. Click the thumbnails below to view photos of some of the cars sold here on Friday:

One of the premier auctions in the country is Dana Mecum’s Indy 2015 Spring Classic Auction, held every year at this time at the Indiana State Fairgrounds. The auction, running May 12-17, 2015, is considered one of the biggest muscle car sales held in the U.S. With recent auction prices trending lower this year, we’ll be interested to watch what prices “blue collar” muscle cars will be drawing at this event. Click the video window below to view Bob Boberg’s video with scenes from the Thursday and Friday sales.

Cars On Line.com will be covering the Mecum Auction this weekend with photo-journalist Bob Boberg bringing us photos and videos of some of the top sales. “As always, Mecum will have a great lineup of Muscle cars,” Boberg told us.

2014 Mecum Auction at Pebble Beach

1961 Ferrari 250 Series II Cabriolet sold at 2014 Mecum Auction at Pebble Beach

As it crossed the $2 million mark this 1961 Ferrari 250 Series II Cabriolet became the top sale of the night at the 2014 Mecum Auction in Monterey. The actual sale price was $2,250,000. (Photo by Bob Boberg of eClassicAutos.com.)

Prime time at 2014 Mecum Auction at Monterey …

The 2014 Mecum Auction at Pebble Beach is in Prime Time and  Saturday’s final day was everything you’d want a great auction to be. The top sale of the day was Lot # S181, a 1961 Ferrari 250 Series II Cabriolet which sold for $2,250,000. That sale however was over-shadowed by a car that went through just a few cars before, Lot # S178, a beautiful 1954 Ferrari 375 MM Spider by Pinnin Farina, which was bid up to $5,750,000 but did not meet its reserve. Earlier, a 1972 McLaren M20 Can-Am race car driven by Peter Revsen sold for $2,000,000.

1961 Ferrari 250 Series II Cabriolet sold at the 2014 Mecum Auction at Pebble Beach

They say the timeless lines of this 1961 Ferrari 250 GT Series II Cabriolet will go down in history as one of Pinnin Farina’s finest designs. With more luxury appointments than most GT’s this Ferrari Series II was an excellent candidate for a Regalia Restoration. It was the top sale at the 2014 Mecum Auction in Monterey. The hammer dropped at $2,250,000. (Photo by Bob Boberg of eClassicAutos.com.)

1972 Gulf McClaren M20 Can Am sold at 2014 Mecum Auction at Pebble Beach

This 1972 Gulf McLaren M20 Can Am race car was driven by ex-Indy car great Peter Revsen for Team McLaren. It was Lot # 170 at the Mecum Auction recording a sale price of $2,000,000. (Photo by Bob Boberg of eClassicAutos.com.)

 

1968 Shelby Indy Turbine car

After the success of Andy Granatelli’s STP Special Turbine cars in Indy Car racing in 1967, Carroll Shelby and Ken Wallis wanted to get into turbine cars. They built the 1968 Shelby-Wallis Turbine hoping to capture the Indy 500 that year. Click here for the full story on the 1968 Shelby-Wallis Turbine car. It was Lot # S183 here at the 2014 Mecum Auction in Monterey where the top bid was $450,000. But the seller did not drop the reserve so “The Bid Goes On.” (Photo by Bob Boberg of eClassicAutos.com.)

Matech Ford GT1 sold at 2014 Mecum Auction at Pebble Beach

2010 Matech Ford GT1 Race Car did not sell at the 2014 Mecum Monterey Auction although the high bid was $1,200,000. The owner never dropped the reserve. (Photo by Bob Boberg of eClassicAutos.com.)

 

2014 Mecum – ‘Star Cars’
Saturday, August 16

Saturday Lot S181 1961 Ferrari 250 Series II Cabriolet Estimate Available Upon RequestOffered Between 3:00 – 4:00pm The 118th of 200 Built
5,200 original kilometers
250 GT Cabriolet Series II by Pinin Farina
Saturday Lot S146 1995 Porsche 962 K8 Spyder $900,000 – $1,500,000Offered Between 1:30 – 2:30pm 1st Place Overall at The 24 Hours of Daytona
Saturday Lot S178 954 Ferrari 375 MM Spider ESTIMATE: Available Upon Request
Offered Between 3:00 – 4:00pm
By Pinin Farina, Chassis No. 0362AM
Saturday Lot S170 1972 McLaren M20 Can-Am ESTIMATE: Available Upon Request
Offered Between 2:30 – 3:30pm
Driven by Peter Revson for Team McLaren
Saturday Lot S206 1930 Duesenberg Model J Torpedo Berline Convertible ESTIMATE: $1,400,000 – $1,700,000
Offered Between 4:00 – 5:00pm
ACD Certified Category 1 Original
Saturday Lot S174 1976 Porsche 934/935 IMSA El Salvador ESTIMATE: $750,000 – $850,000
Offered Between 3:00 – 4:00pm
Competed at Le Mans in 1976 and 1977
Saturday Lot S188 1955 Mercedes-Benz 300SL Gullwing ESTIMATE: $1,700,000 – $2,000,000
Offered Between 3:30 – 4:30pm
Factory Build Sheet
Saturday Lot S191 1957 Mercedes-Benz 300SL Roadster ESTIMATE: $1,750,000 – $2,250,000
Offered Between 3:30 – 4:30pm
Mercedes Star of Excellence at Amelia Island
Saturday Lot S183 1968 Shelby Turbine Indy Car ESTIMATE: Available Upon Request
Offered Between 3:30 – 4:30pm
1 of 2 Prepared and Practiced by Team Shelby

 

2005 Ford GT sold at the 2014 Mecum Auction at Pebble Beach

2005 Ford GT Prototype sold at the 2014 Mecum Auction at Pebble Beach for $280,000 on Friday night. (Photo by Bob Boberg of eClassicAutos.com.)

2014 Pebble Beach Concours D’Elegance

1954 Ferrari 375 MM Coupe wins 2014 Pebble Beach Concours D'Elegance

A 1954 Ferrari wins Best of Show at the 2014 Pebble Beach Concours D’Elegance. Streamers and confetti still fill the air as Jon Shirley (white short sleeve shirt) gets out of his award winning 1954 Ferrari 375 MM Coupe to receive congratulations from Pebble Beach officials. The ceremony to announce the winner has just happened. More info and photos will follow soon. (Photo by Bob Boberg of eClassicAutos.com.)

 

2014 Pebble Beach Concours D’ Elegance Winner …

MONTEREY, CA, August 17, 2014 — The Best of Show winner at the 2014 Pebble Beach Concours D’Elegance has just been 1954 Ferrari 375 MM wins Best of Show at the 2014 Pebble Beach Concourse D'Eleganceannounced. It is a 1954 Ferrari 375 MM Coupe owned by Jon Shirley of Medina, Washington. As more information becomes available we will have it for you here. Usually the winner of the Best of Show award is a vintage 1930’s motorcar. This is the first Ferrari ever to win the Best of Show at Pebble Beach, America’s most prestigious collector car event. In fact,  it  is the first post-World War II production car to win the Best of Show award at Pebble Beach since 1968. But as the collector car hobby evolves it is not surprising that the most valuable cars in the hobby, classic Ferraris, are being honored here at the “Super Bowl” of collector car shows. Click here for more information on the 2014 Pebble Beach Concours D’Elegnance winner for Best of Show.

Participants garnered points toward the Best of Show award by participating in the Tour D’Elegance this week. We got some video of them coming back to Carmel, California. In reviewing this video we realized we had compiled footage of some very historically significant marques. Click the video window below to see for yourself:

These cars make the difference when both black-tie bourgeoisie and baseball cap crowned gearheads stand shoulder to shoulder craining their necks to get a look. Click here to see photos from the Pebble Beach Tour D’Elegance as historic cars arrived back at Pebble Beach after their tour.

There was some serious money here during Concours Week as five big name auction companies sold top tier collector cars in the shadow of the 2014 Pebble Beach Concours D’Elegance. Although the Concours is what brings most collectors to the peninsula on the Pacific Ocean this week, a number of top name auction companies are also here to ween buyers for their top 2014 Pebble Beach Concours D'Elegancecollector car offerings. We counted 105 Ferraris for sale in the auctions during Concours Week activities. Where else in America would you find such a representation of automotive excellence.

This week a 1962 Ferrari 250 GTO Berlinetta sold here at the Bonhams Auction in Carmel, California for $38.1 million. The high profile auction was held here on the Monterey Penninsula at the Quail Lodge Hotel and Spa. Today we will be concentrating on other high profile auctions to see whether prices on collector car prices will continue to go up during Concours Week.

The world’s grandest car event is held here on the 18th hole at the Pebble Beach Golf Course. It is the culmination of a week-long festival of events and collector car auctions like you have never seen before in your life. We’ll attempt to give you a little taste of what this event is like. Follow this page all weekend as we update with photos and fast facts about the auctions and action from Monterey’s weeklong auto extravaganza.  

Photo-journalist Bob Boberg of eClassic Autos.com will be capturing the event in photographs for you. An estimated 1,100 cars were sold here last year so you can bet there will be lots to see. Bob reported that prices at the Mecum Auction, RM Auction, Gooding & Company and Bonhams Auction were up markedly last year. A record sale saw a 1967 Ferrari 275 NART Spider sell for $25 million (see story below.) The RM Auction where this sale took place records the sale as $27.5 million with their sales commission included. We counted over 110 cars sold for over seven figures here last year. 

It was after this show last year that we noticed the collector car market really took off. Prices were escalating on high end classic Ferraris and rare vintage cars and that trend has carried through to today. What will happen this year at Monterey. We’ll know very soon. Stay tuned to this page for all the relavant news.

Here are some highlights from the 2014 Pebble Beach Concours D’Elegance and the big sales here at Monterey Auction week.

1954 Ferrari 375 MM Coupe wins 2014 Pebble Beach Concours D'Elegance The 2014 Pebble Beach Concours D’Elegance winner for Best of Show trophy is a 1954 Ferrari 375 MM Coupe owned by Jon Shirley, former Microsoft President. Click here to see more photos and full story on the winner and runners up.
1962 Ferrari 250 GTO at 2014 Bonhams Auction The 2014 Bonhams Auction at the Quail Lodge set a new world record with the sale of the 1962 Ferrari 250 GTO for $38.1 million on Thursday night.
2014 Pebble Beach RM Auction Will the 2014 Pebble Beach RM Auction have an eight figure sale this year? Click here to find out what sold at the RM Auction.
2014 Gooding & Company Auction during the 2014 Pebble Beach Concours D"Elegance Here is an update on the exciting cars sold crossing the auction block at the 2014 Gooding & Company Auction during Concours Week.
1957 Mercedes-Benz 300SL Convertible for sale at the 2014 Mecum Auction at Pebble Beach Click this link for a review of what sold at the Mecum Auction in Monterey.


 

Mecum Spring Auction at Indy

1970 Boss 429 Mustang

At the Mecum Spring Auction at Indy this weekend a rare Calypso Coral 1970 Boss 429 Mustang, Lot # S167, sold on Saturday. Only a handfull of Boss 9’s ever wore a coat of Calypso Coral paint (looks orange in the lighting.) This one sold for $255,000 .

 

Mecum Spring Auction at Indy

At the Mecum Spring Auction at Indy the action got pretty intense as the big-time cars came up to the block.  The biggest sale of the 27th Annual Mecum Spring Classic this weekend happened when  a 1963 Shelby Cobra 289 sold for a whopping $885,000. The auction hall was packed with buyers and the bidding created the most intense feeling of anticipation for a crowd that was on the edge of its chair as the hammer came down. Click the video window to experience the sale:

Although the auction started on Tuesday, most of the top cars were in the “Prime Time” Saturday lineup here at the fairgrounds in Indianapolis. Hundreds of muscle cars and classic specialty cars were one hand on Saturday to cross the block and be sold when the hammer dropped.

There were lots of surprises here on Saturday. Sellers eyes grew big as top cars were being bid up over $100,000. The 2014 edition of the Mecum Spring Auction at Indy is turning out to be an interesting study in classic car values. Our photo-journalist Bob Boberg was at the show and has some reports for us today.

The Mecum Spring Auction at Indy will run through Sunday, May 18, 2014. It is the 27th Annual Spring Classic Auction by Mecum held at the Indiana State Fairgrounds. Over 2,000 vehicles were scheduled to cross the block this week. There were some top quality muscle cars for sale here. And we were impressed with some of the famous race cars which would sell, many with incredible pedigree and documentation.

Here are some of the high profile cars we saw on Saturday.

1963 Shelby Cobra

Lot # S134 is a real 1963 Shelby Cobra 289, CSX2135, an early demo car used for testing. It sold early Saturday afternoon for $885,000.

1971 Plymouth Hemi Cuda

A real deal 1971 Plymouth Hemi Cuda in Sherwood Green metallic finish with black Hemi billboards was one of only 108 Hemi Cudas produced in 1971. It was the last year of the Hemi Cuda. This one sold for $260,000.

1970 Chevelle LS6 Convertible

Lot # S130 is a very rare 1970 Chevelle SS LS6 Convertible that came from the factory with the 454/450 hp monster motor, the biggest big block of them all. Mecum has it appraised for $375,000 to $400,000. If my memory is right there were only about 16 of these ever built. It sold early Saturday afternoon for $235,000.

1968 Yenko Camaro

This is one of the first Yenko Camaros built for 1968. It is a 1968 Yenko Camaro SS built at Don Yenko Chevrolet in Canonsburg, Pennsylvania. Significantly, it is one of the first group of 20 cars, as documented in a June 5, 1968 memo from Donna Mae Mims of Yenko Chevrolet to Vince Piggins. They say it has just 1,304 actual miles. Lot # S152.  The actual price that this one sold for was $320,000. 

1964 Ford Thunderbolt

Cars On Line newsletter readers will remember the “Nazy Crate” 1964 Ford Thunderbolt, a real deal Thunderbolt with known racing pedigree. We featured it in our newsletter last year. It was lot # S162 on Saturday afternoon. The high bid was  $215,000 as it did not meet reserve.

1966 Hurst Hemi Under Glass

The famous wheel-standing 1966 Hurst Hemi Under Glass Barracuda sold for $195,000  at the Mecum Spring Auction at Indy on Saturday, Lot # S187.

1969 Camaro ZL1

A real deal 1969 Camaro ZL1 was Lot # S218.1 at the Mecum Spring Auction at Indy on Saturday. They say this one is in racing trim and has racing pedigree. It is #65 of the 69 ZL1’s ordered by Fred Gibb Chevrolet in Illinois. It is a double COPO 9560 and 9737. It was not sold on Saturday but was bid up to $340,000.

1968 Shelby GT500KR Convertible

Very early on Saturday a 1968 Shelby GT500 KR Convertible in Royal Maroon finish crossed the block for $267,500. This sale was a return to pre-recession level pricing here at the Mecum Spring Auction at Indy.

1963 Pontiac Catalina "Swiss Cheese" race car

The 1963 Pontiac “Swiss Cheese” Catalina was an attempt by Pontiac Motors to create a lighter weight Catalina to increase straight line speed at the race tracks. First the chassis was altered by cutting the inside section away from the boxed rails, leaving a U-shaped section. Then approximately 120 holes were drilled in the sides of the frame rails, removing as much material as possible. Thus the name “Swiss Cheese.” These cars are rare. This one is a real find for race car collectors. Lot # S158 is the most famous “Swiss Cheese” Catalina having been campaigned by Packer Pontiac, known as the largest Pontiac dealership. It did not sell but was bid up to $525,000 on Saturday.

1970 Plymouth Superbird

A famous 1970 Plymouth Superbird was custom equipped back in 1970 by NASCAR’s Ray Nichels to perform testing on jet aircraft for the EPA. This one-of-a-kind Superbird was restored to Nichels Engineering specs with extensive documented history. It went through on Saturday at the Mecum Spring Auction at Indy although it did not meet reserve. The high bid was $250,000.

Here are some of Friday’s top sales:

1969 Boss 429 Mustang

One of the cars to cross the auction block on Friday was an Ivy Green metallic 1969 Boss 429 Mustang, the first of four Boss 9’s to be sold here at the Mecum Spring Auction at Indy this weekend. It sold for $237,500.

1970 Plymouth Hemi Cuda

On Friday night Lot # F255 was a 1970 Plymouth Hemi Cuda with the monster 426 ci motor. It is a one-owner car that still has just 17k miles on it. It sold for $185,000 at the Mecum Spring Auction at Indy.

2005 Ford GT

With Dana Mecum standing in the background (red shirt) a 2005 Ford GT sells for $225,000 at the Mecum Spring Auction at Indy. It is a one-owner car with only 375 miles on the odometer.

1958 Pontiac Bonneville Convertible

We’d been waiting to see what this beautiful 1958 Pontiac Bonneville Convertible would sell for this weekend. It sold for $132,500 on Friday evening. This is a 370 ci Tripower car.

1937 Diamond T Pickup

Classic 1937 Diamond T Pickup Custom Express sold for $58,000. The desirable classic truck crossed the auction block at the Mecum Spring Aution at Indy on Friday, Lot # F248

 

2013 Mecum Auction

Something indeed is going on here at the Mecum Auction in Monterey, California. Some of the prices we are seeing being paid for top quality collector cars here in Monterey this week are reminiscent of the pre-recession prices we saw at auctions back in 2007. This is the first time we have said this in over six years.

Look at what is happening:

A 1969 Boss 429 Mustang was sold last night for $550,000. They say that is a record for Boss 429's. True, this one is special. It has the rare original Jade paint and has only 902 miles on the odometer, said to be original. But this is a sale we may long remember.

A 1969 Boss 429 Mustang was sold last night for $550,000. They say that is a record for Boss 429’s. True, this one is special. It has the rare original Jade paint and has only 902 miles on the odometer, said to be original. But this is a sale we may long remember.

 

When the 2006 Ford GT Heritage Edition went across the auction block there were some eyebrows raised at the escalating bids for this truly rare car. The announcers noted that it was so pristine and untouched that it still had the factory seals on the hood. It had never been opened. Indeed it looked like the interior was still in the wrapper. The car sold for an incredible $377,500.

When the 2006 Ford GT Heritage Edition went across the auction block there were some eyebrows raised at the escalating bids for this truly rare car. The announcers noted that it was so pristine and untouched that it still had the factory seals on the hood. It had never been opened. Indeed it looked like the interior was still in the wrapper. The car sold for an incredible $377,500.

 

Coming back down to earth there was a 1966 Shelby GT350 that was sold last night for $147,500. That is still nice money and an indication that prices may be on the way up.

Coming back down to earth there was a 1966 Shelby GT350 that was sold last night for $147,500. That is still nice money and an indication that prices may be on the way up.

 

Allard made race cars that were also very nice grand touring vehicles without the creature comforts. This one is very rare, a 1951 Allard K2 Roadster which sold at the Mecum Auction for $95,000.

Allard made race cars that were also very nice grand touring vehicles without the creature comforts. This one is very rare, a 1951 Allard K2 Roadster which sold at the Mecum Auction for $95,000.

 

Cars On Line newsletter readers will be encouraged that a 1970 Chevelle SS 454 Convertible sold for $115,000.

Cars On Line newsletter readers will be encouraged that a 1970 Chevelle SS 454 Convertible sold for $115,000.

 

More the norm, here is a desirable black 1957 Chevy Nomad the sold at the Mecum Auction for $92,000. Why so much you ask? This one was a fuelie.

More the norm, here is a desirable black 1957 Chevy Nomad the sold at the Mecum Auction for $92,000. Why so much you ask? This one was a fuelie.

 

What does it tell us when a 1969 Mustang Mach 1 is sold for just $19,500? This is a lot of car for the money. Maybe the bidders were getting tired?

What does it tell us when a 1969 Mustang Mach 1 is sold for just $19,500? This is a lot of car for the money. Maybe the bidders were getting tired?