Mecum Kissimmee 2016 – Auction Report

Mecum Auctions, Kissimmee, Florida, January 15-23, 2016

Once in a while something throws a wrench into the collector car auction calendar. This year it was schedule conflicts that pushed Scottsdale back to the end of January, later by nearly a week than it’s ever been before.

Mecum auctions took the brave, even optimistic, step of moving its monster Kissimmee auction to the week before, concluding on the Saturday when Scottsdale stalwarts begin to assemble in the Valley of the Sun.

From the Kissimmee results, it looks like a schedule made in heaven.

Kissimmee 2016 was, by a margin of 17%, Mecum’s highest grossing Kissimmee sale. Car count remained essentially unchanged but the caliber of the cars on offer, and sold, is apparent from the record average transaction (up 19.6% from last year) and sale total even though the median transaction was just $480 (1.9%) more than last year.

Kissimmee included eight 7-figure cars of which three sold and car after car was solidly into six figures.

When Scottsdale moves back to its regular time, it’s probable Kissimmee will move back to the week after where it has successfully co-existed with the Arizona behemoth since the first Kissimmee sale.

But this year’s Mecum Kissimmee auction shows that, with diligence, effort, skill and organization, timing is less important than the caliber of cars and buyers.

Mecum Kissimmee
Cars Offered / Sold
Sale %
Average Sale
Total Sales
2016
2,434 / 1,734
71.2%
$47,696
$82,705,721
2015
2,332 / 1,740
74.6%
$39,880
$69,391,247
2014
2,743 / 1,754
63.9%
$35,843
$62,868,670
2013
2,592 / 1,797
69.3%
$39,337
$70,688,968
2012
2,158 / 1,564
72.5%
$37,404
$58,499,734
2011
1,411 / 1,062
75.3%
$38,686
$41,084,338
2010
1,071 / 701
65.5%
$37,320
$26,161,356

These results have been cleaned of re-runs; group transactions (boat and trailer, for example) have been treated as one transaction. On-site observations are by Andrew Newton; final edits and comment content is the responsibility of the editor.

Mecum Kissimmee 2016 – Auction Report

Saturday, January 16, 2016

1957 Triumph TR3 Roadster
Lot # K196 1957 Triumph TR3 Roadster; S/N TS12757E; White/Burgundy vinyl piped in White; Enthusiast restoration, 2- condition; With Reserve; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500 – Painted centerlock wire wheels, dual wing mirrors, dual SU carbs, mesh headlight guards, woodrim steering wheel, black vinyl boot cover, wind wings, alternator. – Recent paint, clutch, interior, top, chrome, clutch, steering wheel. Big, deep scratch on the left front fender. Good paint and chrome. Very good interior. Dull brightwork. Dull, lightly scratched windshield frames. Cleaned up but driven engine bay. Restored but a bit dirty underneath. Built right before the introduction of the TR3A with its wider grille, this TR3 doesn’t need anything to be a rewarding classic driver and is a good, honest car. It was refurbished on a budget, but it is a Triumph. – Sold at Mecum St. Charles in 2012, before the recent work, for $16,430, then offered three times here, selling on the first Saturday for a generous $27,500 in this transaction, then recycled on Friday where it no-saled at $16,000 and on Saturday again a no sale at $22,500. The early buyer was apparently desperate to get out, and under those circumstances should have taken the final Saturday bid, or anything close to it.

Wednesday, January 20, 2016

1951 Cadillac Series 62 Coupe de Ville 2-Dr. Hardtop
Lot # W147 1951 Cadillac Series 62 Coupe de Ville 2-Dr. Hardtop; S/N 516209222; Light Yellow/Tan, Brown leather; Older restoration, 3- condition; With Reserve; Hammered Sold at $27,000 plus commission of 10.00%; Final Price $29,700 – Wire wheel covers, wide whitewalls, rear fender skirts, power windows, power steering, bench seat, column shift, radio, dash clock. – Slightly dull but still shiny older chrome. Decent older paint. Dry, cracking window molding. Excellent newer upholstery. Rest of the interior is ok. Restored underneath. An older restored driver. Not everything appears to have been done at once, but all of it was a long time ago. – Bought at a generous price that would have been reasonable at $5,000 less.
1969 Pontiac Firebird 2-Dr. Hardtop
Lot # W169 1969 Pontiac Firebird 2-Dr. Hardtop; S/N 223379L111141; Gold, White vinyl roof/Gold vinyl; Older restoration, 3+ condition; With Reserve; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100 – 400/335hp, automatic, Rally wheels, Radial T/A tires, Positraction, factory air conditioning, Protect-O-Plate, window sticker, PHS documents. – Uneven trunk fit. Rubber molding for front bumper is uneven. Chip at the front of the passenger door. Slightly discolored roof vinyl. Tinted glass. Good, lightly worn interior. Fully restored Texas car, done a while ago and enjoyed lightly since. – Compared to a Trans Am with similar performance, a 400-powered ’69 Firebird like this can represent tempting value, but the buyer of this sound but imperfect example paid full retail.
1950 Willys Jeepster Phaeton
Lot # W189 1950 Willys Jeepster Phaeton; S/N; Polydor Blue/Dark Blue vinyl; Black vinyl top; Recent restoration, 2 condition; With Reserve; Hammered Sold at $29,000 plus commission of 10.00%; Final Price $31,900 – 134/63hp 4-cylinder, overdrive 4-speed, aluminum radiator, red steel wheels with hub caps and trim rings, narrow whitewalls, rear-mounted spare wheel with vinyl cover, bench seat, column shift, side curtains. – Very good paint and interior. New top. Older side curtains. Cracked and chipped steering wheel. Fully restored and done to quite a bit better than truck standards. – Cataloged with an incorrect chassis number. A remarkably fun car for three season use that brought a realistic price for what it is. It’s good enough to throw the grandkids in for a trip to the beach, and not so good that some sand and seaweed will make the owner feel bad.
1975 Chevrolet Vega Cosworth Coupe
Lot # W204 1975 Chevrolet Vega Cosworth Coupe; S/N 1V77E5U224499; Black, Gold/Black vinyl; Visually maintained, largely original, 2- condition; With Reserve; Hammered Sold at $20,500 plus commission of 10.00%; Final Price $22,550 – 122/110hp, Bendix fuel injection, 4-speed, gold wheels, dual mirrors, Cosworth twin cam, stainless steel headers, tinted glass, floor shift, bucket seats, pushbutton radio, water temp and oil pressure gauges. – Very clean used engine bay. Very good repaint. Very good interior with some dull switchgear. A cared for example of a rare car. – ‘Cosworth’ is a name that conjures up images of screaming race cars and clever engineers. ‘Vega’, on the other hand, is not. Chevrolet tried to bestow a sporty image onto its ill-fated subcompact, however, with a model powered by a tuned version of the Vega’s aluminum 2.0-liter four with a Cosworth twin cam cylinder head. About 3,500 were made, and this 56,512-mile example must be one of the best ones around. It’s in better shape after 40 years of ownership than most Vegas were after four. Most people would probably rather have a BMW 2002tii or an Alfa GTV, but enough people wanted the best Cosworth Vega available that they bid it to a result that is twice what even a very good Cosworth Vega would usually bring.
1963 Ford Falcon Sprint Convertible
Lot # W225.1 1963 Ford Falcon Sprint Convertible; S/N 3H15F216061; Peacock Blue/Turquoise vinyl; White vinyl top; Enthusiast restoration, 2- condition; With Reserve; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 – 260/164hp, 3-speed, spinner wheel covers, all season narrow whitewalls, turquoise wheel covers, turquoise vinyl boot cover, bucket seats, column shift, console, pushbutton radio. – Very good paint and chrome. Very good new top. Passenger door sticks out at the bottom. Very good upholstery. Cracked steering wheel rim. Wavy dash top. Some dull switchgear. Restored underneath, probably never taken fully apart. Represented as matching numbers. An enthusiast quality restoration and a good cruiser. – The bidders placed great faith in what they couldn’t see, namely the condition of the underlying drivetrain, chassis and brakes. Based on the cosmetics they were not well advised. This is an auction car in a great color designed to look good for two minutes on the block. It achieved its goal.
1969 Ford Torino GT Fastback
Lot # W228 1969 Ford Torino GT Fastback; S/N 9A42Q214309; Lime Gold, Black/Black vinyl; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $28,000 plus commission of 10.00%; Final Price $30,800 – 428/335hp Cobra Jet, automatic, hub caps and trim rings, Polyglas tires, hood pins, dual mirrors, Philco radio, bucket seats, floor shift, woodrim steering wheel, Elite Marti report. – Big gouge running out from the door jamb out to the top of the rocker panel on the driver side. Big touched up scratch at the back of the driver’s side drip rail. Sound paint, chrome and original interior but nothing is stunning. Older, clean underneath. Represented as matching numbers engine. A mostly original car with a single repaint and intermittent cosmetic work. – Just a car, but with the advantage of CJ power under the hood which rather skews the conversation and makes this result, which would be generous for a Torino GT with any other engine, appropriate.
1963 Heinkel Trojan Coupe
Lot # W243 1963 Heinkel Trojan Coupe; S/N LVL0399CV60; Red/Gray vinyl piped in White; Black cloth top; Older restoration, 2- condition; With Reserve; Hammered Sold at $19,000 plus commission of 10.00%; Final Price $20,900 – Spinner wheel covers, single rear wheel, VDO clock. – Dry older window molding. Good, basic repaint. A few scratches on the roof around the retractable cloth roof. Very good interior. A basic microcar quality restoration. Nothing over the top, just a plaything and an interesting alternative to an Isetta. These cars were essentially Heinkel Kabinenrollers built in Britain under license by Trojan, the same company that constructed some of the later Elva Couriers and McLaren Can-Am cars. – Sold at Barrett-Jackson Scottsdale in 2008 for $31,900, then sold at Barrett-Jackson Scottsdale in 2015 for $33,000. It has just 19 more miles on the odometer a year later, but brought over 10 grand less. Also reported sold here at the same result as lot S302. Kissimmee is apparently not a good place for Trojans, but very good for Trojan buyers.

1 2 3 4 5 6 7 8 9 10 11 Next

Show Comments (3)

Your email address will not be published. Required fields are marked *

  1. Was it worth sitting on that idle Viper for 22 years, paying to store and maintain it, for a price of $50-60K? Seems a dose of reality that more value can be derived by just driving it and having fun.

  2. Rick I just wanted to tell you I love reading your honest assessments and insightful commentary. I learn a lot every time. Keep up the great work.