21 October 2014

Auction Results: Mecum Chicago 2014

Mecum Auctions’ recent Windy City event turned out to be a little chillier than expected, as total sales fell to $13.8 million, down 35 percent from last’s Chicago total. Much of that can be attributed to a 13-percent drop in sell-thru rate – and what seemed to be a sleepy crowd in the stands. Top sales went to a trio of Ford GTs, topped off by a 182-mile 2006 Ford GT Heritage Edition Coupe sporting the legendary Gulf Racing livery, which brought an impressive $513,000. Ford GT prices have been on everyone’s radar for their quick appreciation, and it looks like the momentum will carry on for a while.

There were plenty of attractive cars offered in Chicago, and one of the more popular attractions was an attractive 1966 Chevrolet Impala SS Hardtop Coupe 427/425 which sold for $64,800. Advertised as having mostly original paint, this example drew quite a bit of attention from spectators. Two other star attractions were a pair of 1987 Buick GNX Coupes. Both were essentially brand new cars, one with 157 original miles that sold for $89,460 and the other with 47 original miles that went for $105,300. With only 547 of these cars produced and with such an enthusiastic following, it is unlikely that they will be selling for a discount any time soon.

Top 10 Sales:

  1. 2006 Ford GT Heritage Edition Coupe sold for $513,000
  2. 2006 Ford GT Coupe sold for $361,800
  3. 2005 Ford GT Coupe sold for $324,000
  4. 1969 Ford Mustang Boss 429 Sportsroof Coupe sold for $216,000
  5. 1970 Plymouth Cuda 426/425 Hardtop Coupe sold for $199,800
  6. 1969 Dodge Coronet Super Bee 426/425 Hardtop Coupe sold for $137,700
  7. 1967 Chevrolet Corvette 427/435 Convertible sold for $118,800
  8. 2012 Chevrolet Camaro COPO Coupe sold for $113,400
  9. 1958 Chevrolet Corvette Convertible sold for $108,000
  10. 1987 Buick Regal GNX Coupe sold for $105,300

With only a couple months left in 2014, Mecum has scheduled three more auctions. The next event will be held Nov. 13-15 in Anaheim, Calif., where 750 vehicles are expected to cross the block, including a 1970 Plymouth Superbird 440/390 and a 1967 Chevrolet Impala SS 427 advertised as one of only a handful with the more powerful 427/425 option.

7 Reader Comments

  • 1
    JK Chicagoland October 22, 2014 at 14:16
    Yes, there were no buyers in the crowed. It was eerie.
  • 2
    Eugene Chicago October 23, 2014 at 20:44
    Can you show me the list of pick up trucks that sold?
  • 3
    Jeff Canada October 23, 2014 at 09:18
    How about posting the bottom 10 sales as well? Curious if I would ever be able to afford anything at one of these auctions.
  • 4
    Chris Pennsylvania October 23, 2014 at 09:40
    That is why I enjoy Mecum auctions so much. There may be a car that sells for $3k on Thursday and another for $3mil on Saturday. Nearly anyone can afford a car at a Mecum auction.
  • 5
    Malc Calgary October 25, 2014 at 00:20
    Good idea Jeff, post the bottom 10. Let's see if the average guy can buy too!
  • 6
    John Chi south suburbs October 29, 2014 at 22:37
    Was at auction on Sat. Lots of modified cars. Takes a low price or the one person to buy a car someone else has modified to their taste. Generally people who have put a lot into making their car theirs want all their money back. Not that the cars were bad .
  • 7
    Todd chicago south suburbs October 9, 2016 at 14:50
    went to the auction yesterday ... if you went with a budget of 20.000 , you could get yourself a car ! 25.000 ... a nice car . Go to the bid goes on page ... you`ll see what I mean ! I was there in `14 , was there this weekend , and I will be back next year to purchase !! Any question I had was answered with confidence and a smile .

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