The Mecum Auctions Original Spring Classic 2015 auction was held May 12-17 at the Indiana State Fairgrounds in Indianapolis, resulting in $42,878,210 in total sales and a 65 percent sell-through rate. Dana Mecum’s 28th annual Spring Classic sale was headlined by muscle cars, Corvettes and individual collections, with 1,404 vehicles offered in total. Top sales were populated by a mix of modern and vintage, foreign and domestic.
Friday saw 18 low-production vehicles from the Don Davis Collection cross the auction block with his restored 1967 Shelby 427 Cobra Roadster (Lot F183) bringing $1,000,000 and becoming the auction’s number one highest seller.Davis’ documented 1971 Ferrari 365 GTB/4 Daytona Berlinetta (Lot F188) came in second with a high bid of $775,000. Additionally, 10 more vehicles from the Davis Collection sold on the block with two of those also among the top 10 sellers.
A total of 30 vehicles from the Rick Baker Ford Collection crossed the auction block on Friday as well. Baker’s 2005 Ford GT (Lot F221), sporting 310 original miles and still on the original MSO, gaveled for $380,000. The Danny Hill Collection of full-size high-horsepower muscle cars was right at home in Indianapolis and bidder approval was demonstrated with strong sales including his unrestored 1969 Ford Mustang Boss 429 Fastback (Lot S142) that hammered at $465,000.
The 1958 Fuelie Corvette Collection, which encompassed one of every color offered that production year, all hammered sold for a total of $1,172,000, testament to the strength of the C1 Corvette market and buyer attraction to Bloomington Gold Certified cars.
“As one of the only collector car auctions held in the United States with a truly global reach, our flagship auction again demonstrated strong sales and steady growth,” commented President and Founder Dana Mecum. “The Spring Classic auction brought consignments from 36 states this year and buyers from all over the world increasing sales by more than $2 million over last year.”
Mecum Indianapolis 2015 – Top Ten Auction Results (sales reflect hammer prices):
1. 1967 Shelby 427 Cobra Roadster (Lot F183) – $1,000,000
2. 1971 Ferrari 365 GTB/4 Daytona Berlinetta (Lot F188) – $775,000
3. 1969 Ford Mustang Boss 429 Fastback (Lot S142) – 465,000
4. 2005 Ford GT (Lot F221) – $380,000
5. 1965 Ford Shelby GT350 Fastback (Lot F181) – $355,000
6. 1972 Ferrari 365 GTC/4 Straman Spider Conversion (Lot S186) – $300,000
7. 1978 Ferrari 512 BB Straman Targa Conversion (Lot S184) – $275,000
8. 1967 Maserati Ghibli (Lot F195) – $230,000
9. 1963 Ford Galaxie 500 Lightweight (Lot S137) – $220,000
10. 1969 Ford Mustang Boss 429 Fastback (Lot S42) – $185,000
For complete auction results, visit Mecum.com.
Mecum’s next classic and collector car auction in 2015 will be the second-annual Seattle event June 5-6 with 600 vehicles expected to cross the block headlined by the John Wickey Collection of blue-chip muscle cars, a 1969 Corvette L88 and the Roy Cats Lamborghini Collection. June 26-27 will take Mecum to the Colorado Convention Center for its inaugural Denver auction featuring approximately 700 classic and collector cars. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, visit Mecum.com or call (262) 275-5050.
[Source: Mecum]
