Mecum Exceeds $100M at Indy Auction

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The highest-seller for the public sale was this 1967 Shelby 427 S/C Cobra Roadster that bought for 3.3M. Picture: Mecum Auctions

Walworth, WI — With a complete of greater than $107.8 million in general gross sales achieved, Dana Mecum’s Might 14-22 Unique Spring Traditional in Indianapolis grew to become the second Mecum public sale this 12 months to interrupt $100 million in general gross sales — a primary throughout the collector automotive public sale business

Of the two,057 vehicles provided all through the 9 public sale days, 1,715 hammered bought for a sell-through price of 83%.

Led by an prime 10 that included Parnelli Jones’ Baja-winning Ford Bronco promoting for a file $1.87 million final Friday, particular person gross sales outcomes had been robust all through the public sale.

The Bronco completed third behind the much-anticipated 1967 Shelby 427 S/C Cobra Roadster that grabbed the highest gross sales spot with a $3.3 million promoting value, and the second-place 1930 Duesenberg Mannequin SJ Rollston Convertible Victoria. Get the remainder of the highest 10.

And 4 days into the sale, Mecum introduced that it’s going to settle for cryptocurrency for cost by way of BitPay. The transfer gives registered bidders the choice to pay for collector automotive purchases with cryptocurrency through the in-person public sale settlement course of. Maybe extra importantly, on-line bidders could have the comfort of an end-to-end digital expertise from the consolation of residence.

Subsequent up for Mecum is the June 11-12 Tulsa public sale of 600 vehicles, together with three particular collections.

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