The debut Mecum Auctions Harrisburg sale was held July 24-27, 2014 at the Pennsylvania Farm Show Complex and Expo Center in Harrisburg, Pennsylvania, resulting in $21,111,582 in total sales. The four-day auction eclipsed Mecum’s Dallas auction in 2011 as the largest-ever inaugural consignment collector car auction. With 735 of the total 1,056 vehicles offered hammered sold, the auction sell-through rate reached 70 percent.
“After kicking off Dallas back in 2011 with a $20.5 million sale, the event has grown year after year and evolved to nearly a $40 million auction in three short years,” said Mecum President and Founder Dana Mecum. “With the instant success we witnessed at our inaugural event in Harrisburg, we’re anticipating similar trends in the Northeast to those achieved in the Dallas market.”
More than 20,000 enthusiasts at Mecum’s Pennsylvania auction translated to healthy bidding for both the collector cars and the vintage motorcycles. A total of 596 of the 868 cars changed hands, as well as 139 of the 188 motorcycles. Top sales among the cars included a one-of-four 1970 Dodge Hemi Coronet R/T (Lot S107) equipped with both the 426/425hp Hemi engine and four-speed manual transmission that sold for $305,000. Serial number one of the estimated 12 built, a 2012 Cadillac CTS-VR Hennessey Twin Turbo Coupe (Lot S196) grabbed the second seat in top sales at a hammer price of $165,000, and a three-time MCA Concours Gold-winning 1968 Shelby GT350 Convertible (Lot S168) followed at $145,000.
Mecum Harrisburg 2014 – Top Ten Automotive Auction Results (all sales reflect hammer prices):
1. 1970 Dodge Hemi Coronet R/T (Lot S107) – $305,000
2. 2012 Cadillac CTS-VR Hennessey (Lot S196) – $165,000
3. 1968 Shelby GT350 Convertible (Lot S168) – $145,000
4. 2006 Ferrari F430 Spider (Lot S101) – $130,000
5. 1967 Chevrolet Corvette Coupe (Lot S180.1) – $125,000
5. 1941 Ford Convertible Resto Mod (Lot S125) – $125,000
7. 1963 Chevrolet Corvette Resto Mod (Lot S208) – $120,000
8. 1964 Chevrolet Corvette Resto Mod (Lot S164.1) – $105,000
8. 1959 Mercedes-Benz 190SL Roadster (Lot S158) – $105,000
10. 1993 Ferrari Testarossa 512 TR (Lot S199) – $102,000
For complete auction results, visit Mecum.com.
Motorcycles were also well received with 74 percent sold. The lineup was highlighted by the Mike Quinn Collection, and after a round of applause from the crowd in recognition of Mr. Quinn’s collection of more than 100 Harley-Davidson’s, bidding was active. Not only did Quinn’s motorcycles dominate the top sales, but they also achieved an 89 percent sell-through rate.
Mecum Harrisburg 2014 – Top Five Motorcycle Auction Results (all sales reflect hammer prices):
1. 1920 Harley-Davidson J-L20 T (Lot U22) – $58,000
2. 1911 Harley-Davidson 7-A Single Cylinder (Lot U21) – $45,000
3. 1947 Harley-Davidson FL with Sidecar (Lot U29) – $43,000
4. 1956 Harley-Davidson FLH (Lot U39) – $41,000
5. 1957 Harley-Davidson FLH (Lot U42) – $33,000
Mecum’s next auction will be the annual Daytime Auction in Monterey, California on August 14-16 with a mix of 750 cars including vintage race cars, European classics and more. Mecum will then take the gavel to Dallas September 3-6 with another 1,000-collector car offering. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, visit Mecum.com or call (262) 275-5050.
[Source: Mecum; photo: David Newhardt]