Mecum Auctions had its most successful action in history in Kissimmee with $122.8 million in sales.
For 10 straight days at Osceola Heritage Park in Kissimmee, Mecum sent 2,030 collector cars home with new buyers for a whopping 89 percent sell-through of the total number of cars offered, an unprecedented sales percentage for a reserve-based auction of this magnitude.
Mecum Kissimmee 2021 was held Jan. 7-16 and saw total overall sales from its 10-day duration reach $122.8 million – the highest single-auction total ever achieved in Mecum’s 34-year history. Friday, Jan. 15, marked the largest single-day total in company history, as the day’s sales reached $34 million with Carroll Shelby’s personal 427 Cobra becoming the annual event’s top seller and taking the crown as the most valuable 427 Cobra ever sold at public auction with a $5.94 million final sale price.
The bids that poured in from those on-site at the auction as well as from those bidding remotely by both internet and telephone, led to an overall sell-through rate of 89 percent, the highest ever achieved at a reserve-based auction and sustained over a 10-day period. Friday, Jan. 8, marked a single-day reserve auction best for Mecum with a sell-through rate at 92 percent.
Runner up to the nearly $6 million sale of the 427 Cobra 8 was a 1967 Chevrolet Corvette L88 Roadster offered from the special exhibition Mecum Gallery collection that brought $2.5 million. Five more vehicles broke the million-dollar mark as well, with another 427 Cobra, selling for $1.38 million, two Mercedes-Benz 300SLs, selling for $1.57 million and $1.21 million, a 1966 Ferrari 275 GTS reaching $1.35 million and a 1965 Iso Grifo A3/C Bizzarrini reaching $1.18 million.
Private collections were another auction highlight with more than two-dozen on the docket and some of the finest assemblages bringing in top dollar. The headlining Larry Carrell Collection saw all 32 of the vehicles within hammer sold for a total of $3.14 million, while the headlining Michael Fux Collection also achieved a 100 percent sell-through and $852,500 in total overall sales. The Marshall Goldman Collection was another especially notable group that reached $2.42 million as all 23 cars hammered sold, and the Aaronson Estate Collection brought $1.06 million.
The complete top 10 collector-car sales at the Kissimmee 2021 auction include:
1. 1965 Shelby 427 Cobra Roadster at $5,940,000.
2. 1967 Chevrolet Corvette L88 Roadster at $2,500,000.
3. 1956 Mercedes-Benz 300SL Gullwing at $1,567,500.
4. 1967 Shelby 427 Cobra Roadster at $1,375,000.
5. 1966 Ferrari 275 GTS at $1,347,500.
6. 1957 Mercedes-Benz 300SL Roadster at $1,210,000.
7. 1965 Iso Grifo A3/C Bizzarrini at $1,182,500.
8. 2018 Ford GT '67 Heritage Edition at $990,000.
9. 1971 Plymouth Cuda Convertible at $962,500.
10. 1964 Shelby 289 Cobra Roadster at $935,000.