Over $100 million in cars and auto industry-related art were sold at Mecum’s annual auction last month in Kissimmee. The total figures from the Jan. 3-13 event at Osceola Heritage Park were released last week and … sit back and consider that dollar figure. That’s nine figures.
Nearly 3,500 classic and collector cars crossed the auction block and 2,328 change hands, for a 72 percent sell-through rate and $107.5 million in overall vehicle and Road Art sales.
Mecum’s annual auction in Kissimmee, the largest collector-car auction in the world, continues to grow each year, to the delight of OHP and SMG Manager Robb Larson.
“Over the 14 years that Mecum has been coming to Kissimmee, it is amazing that it just continues to grow and get bigger and better, year in and year out,” he said. “We can’t wait till next year. Stay tuned.”
According to Mecum, Kissimmee 2019 saw the hammer fall on the most valuable Mustang ever sold at public auction. The unique 1967 Shelby GT500 Super Snake’s final sale price climbed to $2.2 million, thanks to a flurry of late bidding.
That wasn’t even the highest-ticket item to cross the OHP stage last month; a 2014 Ferrari LaFerrari gaveled for $3.3 million.
The rest of the top 10-selling cars at Mecum all went for more than $350,000: a 1969 L88 Corvette ($990,000), a 1930 Duesenberg Model J Torpedo Phaeton ($935,000), a 1969 Chevrolet Camaro ZL1 ($495,000), a 1954 Chrisman Bonneville Coupe ($484,000), a 1966 Shelby GT350 Fastback ($440,000), a 1955 Imperial Convertible ($418,000), a 1963 Chevrolet Corvette Z06 ($396,000) and a 2005 Ford GT ($352,000).
Mecum’s Road Art also saw more than 4,000 items cross the auction block, with 17 private collections on display at the Kissimmee show.