1969 Lamborghini Miura P400 S sold for $2,300,000
Lamborghini Miura P400 S sold for $2,300,000

The Mecum Monterey 2015 auction was held August 13-15 at the Hyatt Regency Monterey Hotel in Monterey, California, resulting in sales of $44,335,001. With 387 vehicles changing hands at the three-day sale, this year’s total was an increase of $10 million over last year.

“The level of quality offerings at the Daytime Auction continues to increase year after year, and 2015 was no exception,” commented Dana Mecum, president and founder of Mecum Auctions. “With one of the deepest, most diverse dockets ever offered, the $10-million increase in sales is a testament to this trend, and we are looking forward to raising the bar once again in 2016.”

Top sales at the Mecum Monterey 2015 auction included a total of seven cars that sold for $1 million or higher. The event was headlined by the original 1969 Lamborghini Miura P400 S that well exceeded its pre-auction high estimate for $2,300,000 and the $2,250,000 paid for a 1970 Plymouth Hemi Cuda Convertible, which served the duty of demonstrator for its designer John Herlitz when new.

The much-heralded 1976 Porsche 930 Turbo Carrera (Lot S71) originally special ordered by Steve McQueen was expected to break the one-million-dollar mark with its sale, and it did so with ease at almost twice that amount coming in at a strong $1,950,000.

The low-mileage Corvette collection hailing from the garages of Ed Foss did well with 21 of 26 hammering sold, topped by an unrestored 2,299-original-mile 1956 Convertible that demanded a high bid of $275,000. The group overall brought $2,563,500 in sales.

The Monterey Motorcycle segment also saw several notable prices achieved. A 1914 Flying Merkel V-Twin (Lot T135.1) became the auction’s highest-selling motorcycle at $175,000 with a 1925 BMW R32 (Lot T181) just behind it at $170,000. Other notable sales included a 1914 Indian Hendee Electric Start (Lot T50.1) that brought $97,500 and a 1959 BSA A10 Super Rocket (Lot T75.1) that brought $22,000.

Mecum Monterey 2015 – Top Ten Auction Results (sales reflect hammer prices)

1. 1969 Lamborghini Miura P400 S (Lot S66) – $2,300,000
2. 1970 Plymouth Hemi Cuda Convertible (Lot F69) – $2,250,000
3. 1976 Porsche 930 Turbo Carrera (Lot S71) – $1,950,000
4. 2005 Maserati MC12 (Lot S109) – $1,575,000
5. 1989 Ferrari F40 (Lot S77) – $1,150,000
6. 1963 Shelby 289 Cobra Roadster (Lot S80) – $1,000,000
7. 2005 Porsche Carrera GT (Lot S45) – $1,000,000
8. 1967 Shelby 427 Cobra Roadster (Lot S129) – $950,000
9. 1967 Toyota 2000GT (Lot S59) – $925,000
10. 2005 Porsche Carrera GT (Lot S127) – $775,000

For complete auction results, visit Mecum.com.

Mecum’s next 2015 classic and collector car auction will be a 1,000-car offering in Dallas at the Kay Bailey Hutchison Convention Center, September 16-19. 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]

Show Comments (3)

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  1. Aside from Mecum’s success with the Ed Foss Corvettes it appears that Corvettes were dismal in the rest of the auctions. RM sold none of their three rare Corvettes. I have yet to see the results of the Rick Cole Monterey auction. Will you be reporting those results in the near future? I am particularly interested in the 1969 Riverside Gold Corvette L88.

  2. @Rick T. I agree. Corvettes are certainly undervalued in reference to the Hemi ‘Cudas and even newly discovered Japanese “classics” such as the Toyota 2000GT. I hope SCD will provide greater coverage for “America’s only (production) Spots Car” in the future!