Auction Recap: Mecum’s 2014 Anaheim Sale

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1965 Ferrari 275 GTB Short Nose Coupe

Mecum’s recent Anaheim, Calif., sale turned out to be more of a success than at first glance. While slightly fewer cars were consigned than last year, the sell-through rate was up 5 percent and total sales jumped 14 percent to $15.5 million. Much of the gain can be attributed to a single sale – a 1965 Ferrari 275 GTB that went for $2.3 million. In addition, the strength of the Ford GT market was further demonstrated as three examples were among the top five sales, led by a 2006 GT Heritage that brought a strong $405,000.

Even collectors on a budget had plenty of possibilities in Anaheim. A well-optioned 1965 Pontiac Catalina 2+2 Coupe sold for $28,600, not a bad way to get 421 Pontiac power with enough room to cruise with the family.  For those who are really on a budget but still want big-block power, a 1974 Chevrolet Chevelle sold for $14,850. Represented as having a body off restoration, numbers-matching 454 big block and 4-speed manual transmission, this Malaise Era A-body should satisfy the hunger for cubic inches without breaking the bank.

Top 10 sales:

  1. 1965 Ferrari 275 GTB Short Nose Coupe sold for $2,322,000
  2. 2006 Ford GT Heritage Coupe sold for $405,000
  3. 2005 Ford GT Coupe sold for $367,200
  4. 2005 Ford GT Coupe sold for $270,000
  5. 1953 Cadillac Eldorado Convertible sold for $226,800
  6. 1994 Porsche 911 Carrera Speedster sold for $189,000
  7. 1954 Buick Skylark Convertible sold for $143,100
  8. 1970 Plymouth Superbird 440/390 sold for $137,700
  9. 1963 Volkswagen Samba 23-Window Microbus sold for $135,000
  10. 1968 Shelby GT500 KR Convertible sold for $132,300

With two 2014 events remaining, Mecum’s next sale will be held from Dec. 4-6 in Kansas City, Mo., where 750 vehicles are expected to be offered, including a 1959 Chevrolet El Camino 348/280 and a 1967 Shelby GT500 Fastback.

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Auction Recap: Mecum’s 2014 Anaheim Sale

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1970 Chevrolet Nova SS Coupe 396/375

As the year winds down, Mecum Auctions hopes to end strong with three events in a month. The first in the series is its Anaheim sale. Slated for Nov. 13-15 at the Anaheim Convention Center, this event is expected to offer 750 vehicles. Mecum has done a good job of compiling an array of high-end cars along with many accessible to the everyday collector. Here are four on our watch list:

1970 Chevrolet Nova SS Coupe 396/375
Lot F131
Hagerty Price Guide: $30,300 – $67,900
It is tough to imagine many cars that scream budget muscle in the early ’70s more than the Chevrolet Nova SS.  The Nova was most commonly bought as a means of daily transportation, not a fire-breathing big block-powered monster. Nowadays, those who opted for the cheaper Nova back in 1970 have been rewarded with a car that has performed as well in the market as the 1970 Camaro SS without the fluctuations in value as the muscle car market recovered. A car advertised as numbers-matching should be the perfect opportunity to check in on the Nova and see if prices are still holding steady.

1965 Sunbeam Tiger Mk IA Convertible
Lot S144
Hagerty Price Guide: $25,800 – $95,700
Sunbeam Tigers have been on everyone’s radar after the marque’s spectacular performance in Monterey this past August. Though much of the attention has been focused on the more powerful 1967 Mk II, earlier models equipped with the 260 Ford are beginning to look like a more cost-effective alternative after two different Mk II tigers blew past $200,000 at auction. We will be watching the Tiger for awhile to see if this upward trend in value is going to continue.

1973 Volvo 1800ES Station Wagon
Lot F152
Hagerty Price Guide: $7,400 – $31,100
Volvo is perhaps best known for its station wagons. Before the famous box-style wagons came the curvier and compact 1800ES. While 1800 series cars have remained relatively unnoticed over the years, they have received a bit of attention in 2014.  With a handful of cars selling this year for higher than market prices, it will be interesting to see if this car will continue that trend or if things will settle back down.

1965 Chevrolet Corvette Convertible 396/425
Lot S92.1
Hagerty Price Guide: $58,000 – $154,000
For Chevy, 1965 was a big year — the first that the automaker dared to drop a big-block V-8 into the Corvette. This was the only year the 396 saw a home in the Corvette, as it was quickly eclipsed by the 427 the next year, making the same 425hp.  Market performance has been nearly identical to the comparable 1966 — making the perfect opportunity for Corvette collectors to own a first-year big block car.

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