The Mecum Monterey Auction 2014 was held August 14-16 at the Hyatt Regency Monterey Hotel and Spa in Monterey, California, resulting in total sales of $34,651,635 and a 56% sell-through rate at Mecum’s highest-grossing Monterey auction to date.
A total of 645 cars were offered during the three-day event, with six of the 361 cars sold surpassing hammer prices of $1,000,000. The top result at the 2014 Mecum Monterey sale went to the 1961 Ferrari 250 Series II Cabriolet (Lot S181) at $2,250,000, while the ex-Peter Revson 1972 McLaren M20 Can-Am Racer (Lot S170) achieved top honors as the highest-selling race car with a hammer price of $2,000,000.
Other notable results at the Mecum Monterey 2014 sale included a 1930 Duesenberg Model J Torpedo Berline Convertible (Lot S206) that brought $1,425,000, a 1995 Porsche 962 K8 Spyder (Lot S146) at $930,000, a 1968 Chevrolet Corvette L88 Convertible (Lot S147) that made $785,000 and a 2006 Ford GT Heritage Edition (Lot S120) that sold for a record-setting $510,000.
Motorcycles also achieved strong results at Mecum’s 2014 Monterey auction with a 1930 Indian Chief (Lot S212) formerly owned by Steve McQueen hammering for $100,000 and a 1915 Indian 8 Valve Board Track Racer bringing $70,000.
Mecum’s next auction will be in Dallas on September 3-6, 2014 at the Kay Bailey Hutchison Convention Center with a 1,000-collector car offering. Mecum’s Chicago auction will follow October 9-11 with another 1,000 collector cars set to cross the auction block at the Schaumburg Convention Center. For more details, to consign a vehicle or to register as a bidder, visit Mecum.com or call (262) 275-5050.