The Mecum Kissimmee 2016 auction was held January 15-24 at Osceola Heritage Park in Kissimmee, Florida, resulting in nearly $93 million in total sales and 78 percent sell-through rate. The ten-day auction totals constitute an almost 30-percent increase over last year’s sale, with sale prices up by an average of 20 percent.
Mecum Auctions President and Founder Dana Mecum commented, “The jump in totals, the rise in individual vehicle values and the 78-percent sell-through rate we achieved are evidence of the extremely high quality of the vehicles and Road Art offered at the 2016 event as well as the strong demand. It’s a clear indication of the thriving state of both the collector-car and memorabilia markets.”
The top sales at the Mecum’s 2016 Kissimmee sale were dominated by Hemi power with a 1970 Plymouth Hemi Cuda Convertible, one of five 4-speed Hemi Cuda Convertibles produced that year, leading all sales at $2,675,000. It was followed by a rare 1971 Plymouth Hemi Cuda Convertible (Lot F102) that hammered at $2,300,000 and the 1970 Dodge Hemi Challenger R/T Convertible (Lot F111) for $1,650,000. All three were offered from the Brett Torino Collection.
While nearly every segment was represented at the auction, American muscle cars dominated the Top-10 at this year’s event. The 1963 Chevrolet Corvette Z06 Tanker (Lot S160) at $710,000 and the 1970 Ford Torino King Cobra (Lot F104) at $525,000 were the only non-Mopar offerings that made the list.
The two full Road Art-exclusive days brought strong memorabilia sales, with 1,300 items sold and top sales including a rare porcelain sign and a vintage gas pump globe, each of which sold for $55,000. Including the Road Art, more than 3,000 lots were sold throughout the 10-day auction.
Mecum Kissimmee 2016 – Top Ten Auction Results (sales reflect hammer prices):
1. 1970 Plymouth Hemi Cuda Convertible (Lot F109) – $2,675,000
2. 1971 Plymouth Hemi Cuda Convertible (Lot F102) – $2,300,000
3. 1970 Dodge Hemi Challenger R/T Convertible (Lot F111) – $1,650,000
4. 1971 Plymouth Hemi Cuda (Lot F100) – $950,000
5. 1963 Chevrolet Corvette Z06 Tanker (Lot S160) – $710,000
6. 1969 Dodge Hemi Coronet R/T Convertible (Lot F100) – $625,000
7. 1969 Dodge Hemi Daytona (Lot F103) – $550,000
8. 1970 Ford Torino King Cobra (Lot F104) – $525,000
9. 1970 Plymouth Cuda Convertible (Lot F113) – $475,000
10. 1970 Dodge Challenger R/T Convertible (Lot F114) – $450,000
For complete auction results, visit Mecum.com.
Mecum’s next auction will be a 700-vehicle offering in Kansas City, Missouri, this March 11-12 followed by a 1,000-vehicle offering in Houston, April 14-16. Dana Mecum’s 29th Original Spring Classic auction in Indianapolis will return May 17-21 with 2,000 vehicles headlined by 20 high-end collector and muscle cars from the Joe McMurrey Collection. For more details, to consign a vehicle or to register as a bidder, visit Mecum.com or call (262) 275-5050.
[Source: Mecum Auctions]