Mecum Auctions received an astounding 38% increase in total sales at the end of their 10th annual Daytime Auction. Like the years before, the auction was a hot attraction for automotive enthusiasts during famed Monterey Car Week. A wide selection of vehicles that are high in rarity, extremely diverse and in excellent quality have made the overall sales break past last year’s total and reach a massive $47 million. This year’s auction was certainly something to celebrate about, and not just for its 10 year anniversary, because its overall sales topped all other years with the highest gross ever at a Mecum’s auction in the Peninsula.
From August 23rd-25th, a total of 394 vehicles experienced a change in owner. In addition, individual sale prices mirrored the overall power of the entire lineup from the auction. The three-day long auction included a unique automobile collection ranging from pre-war motorcars to racing legends and avant-garde hypercars. This year’s lineup was impressive to say the least as nearly a dozen offerings sold individually for a minimum of a million dollars, which were quite the multi-million dollar investment for automotive aficionados.
The top 10 sellers from the auction were the embodiments of refinement, class and innovation. The number one seller in particular could be said to have been the climax of the whole auction as a ravishing 1933 Duesenberg Model J Convertible Coupe Disappearing Top Roadster (Lot S93) sold for a whopping $3.85 million. Coming in second place was a 307-mile 2014 hybrid-drive Ferrari LaFerrari (Lot S111) that was bought for $3.19 million. Closely followed behind the Ferrari LaFerrari was a 2003 Ferrari Enzo (Lot S48.1) that sold at $2.86 million and a 1989 Porsche 962 (Lot S126) purchased at $2.2 million. And finally, another Duesenberg was listed among the top 5 sales when the 1929 Model J Convertible Sedan (Lot S116.1) sold for $1.155 million. This Duesenberg model was part of the headlining Academy of Art University Collection, which had a seven-car offering that sold for a total of $2.82 million.
Additionally, quite a few sales were unique enough to catch a lot of attention from those at the auction. One of which being the Indy 500-winning 2012 Dallara DW12 Honda Indy Car (Lot S90) that sold at $1.127 million. This lot came with an uncommon engine lease agreement, which grants the future owner full possession of the car’s race-winning powerplant; this is something that has never happened before within the factory-sponsored racing industry. Another unmistakably, eye-catching vehicle was seen on Friday as the 1987 Porsche 959 Komfort (Lot F109.1) reached a sale of $467,500. And we can’t leave out the 1985 Modena GT Spyder California (Lot S189) that is most famous for its debut in “Ferris Bueller’s Day Off” and was bought for $407,000.
The complete top 10 collector-car sales at the Mecum Monterey 2018 auction include:
- 1933 Duesenberg Model J Convertible Coupe Disappearing Top Roadster (Lot S93) at $3,850,000
- 2014 Ferrari LaFerrari (Lot S111) at $3,190,000
- 2003 Ferrari Enzo (Lot S48.1) at $2,860,000
- 1989 Porsche 962 (Lot S126) at $2,200,000
- 1969 Lamborghini Miura P400 S (Lot F114) at $1,155,000
- 1929 Duesenberg Model J Convertible Sedan (Lot S116.1) at $1,155,000
- 2012 Dallara DW12 Honda Indy Car (Lot S90) at $1,127,500
- 1958 Mercedes-Benz 300SL Roadster (Lot F116) at $1,072,500
- 2017 Ferrari F12tdf (Lot S125) at $1,045,000
- 1936 Auburn 852 SC Boattail Speedster (Lot S89) at $1,017,500
To gain complete access to the auction results, you can sign up for the InfoNet service from Mecum.com at no charge. For more information concerning the upcoming auctions, for registering as a bidder or to list a vehicle, visit Mecum.com, or you can phone (262) 275-5050 to obtain more details.
