1961 Ferrari 250 Series II Cabriolet sold for $2,250,000
1961 Ferrari 250 Series II Cabriolet sold for $2,250,000

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.

Mecum Monterey 2014 – Top 10 Auction Results (figures reflect hammer prices)

1. 1961 Ferrari 250 Series II Cabriolet – $2,250,000
2. 1972 McLaren M20 Can-Am – $2,000,000
3. 1930 Duesenberg Model J Torpedo Berline Convertible – $1,425,000
4. 1955 Mercedes-Benz 300SL Gullwing – $1,350,000
5. 1955 Mercedes-Benz 300SL Gullwing – $1,075,000
6. 1966 Shelby 427 Cobra Roadster – $1,000,000
7. 1995 Porsche 962 K8 Spyder – $930,000
8. 1968 Chevrolet Corvette L88 Convertible – $785,000
9. 1973 Porsche 911 Carrera RS Touring – $650,000
10. 2006 Ford GT Heritage Edition – $510,000

For complete results, visit Mecum.com.

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 Monterey 2014 – Top 5 Motorcycle Auction Results (figures reflect hammer prices)

1. 1930 Indian Chief – $100,000
2. 1931 Harley-Davidson VL – $95,000
3. 1923 Harley-Davidson Twin – $75,000
4. 1915 Indian 8 Valve Board Track Racer – $70,000
5. 1910 Indian Board Track Racer – $60,000

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.

[Source: Mecum Auctions]