30 June 2015

Auction Recap: Mecum Denver 2015

Mecum concluded its first ever two-day sale in Denver, Colo., on June 27 with a sales total of $11,761,200. Out of the 638 offered for sale, 389 lots sold for a sell-through rate of 61 percent, and the average sale price was $30,234.

Denver didn’t attract any extreme high-dollar cars, but there was of course a solid showing of American muscle and the top sales were mostly what they were expected to be. A 2012 Lamborghini Aventador took the highest result at $285,000, while a 1969 Ram Air IV Trans Am took a market appropriate $180,000 and a 1989 Porsche 911 Speedster took a relatively low $165,000. A 1967 Porsche 911 S Soft Window Targa also got a low result for a very desirable and normally strong-performing model at $130,000. Some of the bigger no-sales included a 1969 Dodge Super Bee that was bid to $150,000 and a 1970 Plymouth Superbird that stalled at $125,000.

Some of the bargains to be found in Denver included a 1955 Oldsmobile 98 Holiday Coupe for $12,500, a 1969 AMC AMX 390 for $23,000 and a 1968 Pontiac GTO for $16,500.

Top 10:

  1. 2012 Lamborghini Aventador sold for $285,000
  2. 1962 Western Pacific 40’ Airstream trailer sold for $200,000
  3. 1969 Pontiac Firebird Trans Am Ram Air IV sold for $180,000
  4. 1989 Porsche 911 Speedster sold for $165,000
  5. 1957 Chevrolet  Bel Air custom sold for $160,000
  6. 1967 Shelby GT350 Fastback sold for $150,000
  7. 1966 Chevrolet Corvette resto mod sold for $135,000
  8. 1967 Porsche 911S Soft Window Targa sold for $130,000
  9. 1970 Pontiac GTO Judge sold for $115,000
  10. 1969 Oldsmobile 4-4-2 Hurst sold for $110,000

Mecum’s next collector car auction will be in Harrisburg, Pa., on July 30 and Aug. 1, 2015. About 1,000 vehicles are expected, including a 1969 Yenko Chevelle and several desirable classic Mustangs.

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