L88 Corvette top seller from Mecum's Dallas Auction

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L88 Corvette top seller from Mecum's Dallas Auction

More than 10,000 attendees filled the floor of the Dallas Convention Centre in Dallas, Texas, for Mecum Auctions' first event in the Lone Star State
October 23, 2011 8:48 AM AWST
More than 10,000 attendees filled the floor of the Dallas Convention Centre in Dallas, Texas, for Mecum Auctions' first event in the Lone Star State, held on October 6-8. The big crowds were matched by big sales, with the top ten sellers all fetching six figure sums. A 1969 L88 Chevy Corvette was the top seller, fetching US$562,500.

L88 Corvette top seller from Mecum's Dallas Auction

645 cars were offered across the three-day auction, with a 77% sell rate. Total sales surpassed US$20.5 million, which encompasses total hammer sales of more than US$19 million.

Second on the best seller list behind the L88 Corvette was the 'Operation Mend' Camaro - a 2011 Camaro convertible customized with a blend of camouflage colors by West Coast Customs. With the audience standing as the car rolled onto the auction block, Mecum hammered the Camaro sold for $333,000. An additional $13,000 cash was raised by the audience, along with $10,000 donations from both Tom Abrams of Reliable Carriers and Ray Claridge of Cinema Vehicle Services, bringing the total amount to $366,000.

Money raised went to Operation Mend, a partnership between Ronald Reagan UCLA Medical Center, Brooke Army Medical Center in San Antonio, Texas, and the Veterans Administration-Greater Los Angeles Healthcare System established to help treat U.S. military personnel severely wounded during service in Iraq and Afghanistan.

"The excitement and enthusiasm expressed by everyone who participated was very positive," said President Dana Mecum.
"We had nearly 3,000 registered bidders, more than 1,200 of which were attending a Mecum Auction for the very first time! We set out to serve our customers by bringing the Mecum experience to the Texas market, and we did just that. With over 75% of our cars selling on the block, buyers were happy, sellers were happy, and it all made great entertainment for our spectators."

Mecum's 2011 Dallas Auction Top 10 Vehicle Sales (all sales reflect hammer prices):

1. 1969 Chevrolet Corvette L88 Coupe (Lot S106) at $562,500
2. 2011 Chevrolet Camaro Convertible (Lot F238) at $333,000
3. 1964 Ford Fairlane Thunderbolt (Lot S141.1) at $245,000
4. 1971 Pontiac GTO Judge Convertible (Lot S87) at $217,300
5. 1964 Ford Galaxie 500 Lightweight (Lot S100) at $200,000
6. 1955 Porsche Speedster (Lot S96.1) at $167,000
7. 2007 Chevrolet Corvette Custom (Lot F161) at $160,000
8. 1970 Plymouth Hemi Cuda (Lot S122) at $160,000
9. 1969 Chevrolet Yenko Camaro (Lot S115) at $140,000
10. 2005 Ford GT (Lot S152) at $140,000

Complete auction results are available to Mecum InfoNet members, which is free to join at www.Mecum.com. Mecum's next big event will be in Kansas City on December 1-3, where 750 collector cars will be on offer. More details at www.Mecum.com

 

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