MECUM KISSIMMEE 2016 AUCTION RESULTS

More than 3,000 Lots Sold throughout 10-day Auction; 30-Percent Sales Increase Over 2015

WALWORTH, Wis. – Jan. 28, 2016 – The Mecum Kissimmee Auction, the world’s largest classic and collector car auction, held Jan. 15-24, was a powerful force to be reckoned with claiming the title of highest-grossing sale ever hosted by Mecum. Overall sales totals topped $91 million and are quickly closing in on $93 million with post-auction sales. The 10-day auction totals constitute a near 30-percent increase over last year’s Kissimmee auction with individual vehicle sale prices up by an average of 20 percent. The two full Road Art-exclusive days brought outstanding sales in the memorabilia realm as well with 1,300 items sold and top sales including a rare porcelain sign and a vintage gas pump globe, each of which sold for $55,000.

“The jump in totals, the rise in individual vehicle values and the 78-percent sell-through rate we achieved are evidence of the extremely high quality of the vehicles and Road Art offered at the 2016 event as well as the strong demand. It’s a clear indication of the thriving state of both the collector-car and memorabilia markets,” notes Mecum Auctions’ President and Founder Dana Mecum.

Nearly every segment of popular interest was represented at the auction including European exotics, Resto Mods, Supercars and of course Mecum’s bread-and-butter: muscle cars and Corvettes, both of which made a strong showing in the top 10 sales.

The complete top 10 sales at the Mecum Kissimmee 2016 auction include (individual prices do not include buyer’s premiums):

1. 1970 Plymouth Hemi Cuda Convertible (Lot F109) at $2,675,000
2. 1971 Plymouth Hemi Cuda Convertible (Lot F102) at $2,300,000
3. 1970 Dodge Hemi Challenger R/T Convertible (Lot F111) at $1,650,000
4. 1971 Plymouth Hemi Cuda (Lot F100) at $950,000
5. 1963 Chevrolet Corvette Z06 Tanker (Lot S160) at $710,000
6. 1969 Dodge Hemi Coronet R/T Convertible (Lot F100) at $625,000
7. 1969 Dodge Hemi Daytona (Lot F103) at $550,000
8. 1970 Ford Torino King Cobra (Lot F104) at $525,000
9. 1970 Plymouth Cuda Convertible (Lot F113) at $475,000
10. 1970 Dodge Challenger R/T Convertible (Lot F114) at $450,000

For access to complete auction results and other member benefits, sign up for the free InfoNet service offered at Mecum.com. Mecum’s next auction will be a 700-vehicle offering in Kansas City, Mo., this March 11-12 followed by a 1,000-vehicle offering in Houston, April 14-16. Dana Mecum’s 29^th Original Spring Classic auction in Indianapolis will return May 17-21 with 2,000 vehicles headlined by 20 high-end collector and muscle cars from the Joe McMurrey Collection. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, visit www.mecum.com or call (262) 275-5050.

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 29 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, Wis. 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.