Mecum Houston 2012 – Auction Results

1931 Cadillac V12 Roadster sold for $165,000

Mecum Auctions held their inaugural Houston sale on April 13-14, 2012 at the Reliant Center in Houston, Texas, resulting in total sales exceeding $18.5 million and an 80% sell-through rate. Mecum offered more than 700 vehicles during the two-day auction, with more than 12,000 attendees taking part in the weekend event.

Dana Mecum, President and CEO of Mecum Auctions commented, “There has always been a perception that no collector car auction company has ever been able to have a successful auction in Houston. I am happy to report that Mecum certainly made it happen in Houston. We received a warm Texas welcome from the moment our crew set foot on the grounds until the final fall of the gavel at The Reliant Center. We certainly look forward to coming back to Houston in 2013.”

Typical to nearly all Mecum sales, muscle cars and Corvettes were well represented, however the top two sales of the Mecum Houston 2012 auction were a 2010 Ferrari California Spyder at $177,500 and a 1931 Cadillac V12 Roadster that brought $165,000.

Mecum Houston 2012 – Top 10 Auction Results (all sales reflect hammer prices)

1. 2010 Ferrari California Spyder – $177,500
2. 1931 Cadillac V12 Roadster – $165,000
3. 2006 Hummer H1 Alpha – $139,500
4. 1967 Chevrolet Corvette LS6 Resto Mod – $139,000
5. 1967 Chevrolet Corvette Convertible 427/435 HP – $137,500
6. 1963 Chevrolet Corvette Split Window Coupe – $132,500
7. 1966 Chevrolet Corvette Coupe 427/425 HP – $130,000
8. 1967 Chevrolet Corvette Convertible 427/435 HP – $119,000
9. 1968 Shelby GT500 KR Fastback – $109,000
10. 1969 Shelby GT500 Fastback – $105,000

For complete auction results, visit mecum.com.

Next up for Mecum is their flagship event, the 25th Annual Original Spring Classic. Over 2,000 vehicles and thousands of automobilia will cross the auction block May 15-20, 2012 in Indianapolis, Indiana.

For more information, visit mecum.com or call 262.275.5050.

[Source: Mecum]