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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out. According to him, "The tenants started calling me in the middle of the night to fix ...
Last year, a Ford GT sold for $1.8 million at a Mecum Auction despite Ford requiring owners to keep their cars for two years. That won't happen again.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
The Mecum classic and collectible car auction at the Chattanooga Convention Center this weekend expects to ring up sales at the rate of about $1 million per hour. Auction officials say the two-day ...
On January 10, 2020, the car that was driven by McQueen, later owned by Robert Kiernan, and subsequently by his son Sean, was sold at Mecum Auctions for a record price of $3.7 million (~$4.29 million in 2023), including auction fees.
Major auction houses have levied the buyer's premium for several decades, particularly in fine art auctions, with percentages in the region of 10–30%. [2] In real estate auctions in many European countries, the buyer's premium, if charged at all, is much less (2–2.5%). More recently in the UK, however, repossessed properties have been ...
In early 2023, Elvis’ “lost jet” came up for auction again through another company, Mecum Auctions. The plane was no longer described as having been redesigned by Elvis.
Today, the El Morocco is a valuable collector's car, with one selling for $181,500 in 2016. Another pair from a trio offered at Mecum's Kissimmee auction on January 16, 2021, sold for $165,000 & $220,000 respectively, while the third received a highest bid of $195,000 but was not sold immediately. [3] 1957 El Morocco hubcap center insert