1970 Ford Mustang Boss 429 sold for $245,000

Top Ten Results from Mecum Chicago 2016

1970 Ford Mustang Boss 429 sold for $245,000

The Mecum Chicago 2016 auction was held October 6-8 at the Renaissance Schaumburg Convention Center in Illinois, resulting in $10.5 million in total sales.

A total of 435 cars changed hands over three days in Chicago, with American muscle cars, 1950s cruisers, import sports cars and late-model luxury rides making the top 10 list. Overall sales were led by a Grabber Blue 1970 Ford Mustang Boss 429 fastback featuring a concours restoration that brought a high bid of $245,000.

Other notable results at the 2016 Mecum Chicagoland auction included a 1966 Shelby GT350H Fastback at $137,500, an ex-Scottie Pippen 1988 Porsche 911 Turbo Cabriolet at $100,000, a 1957 Ford Thunderbird E-Code at $85,000 and a 1968 Shelby GT500KR Fastback at $77,000.

While the cars are always the stars at Mecum Auctions, Mecum Chicago 2016 also played host to one of the Chicago-area’s biggest darlings, the Chicago Blackhawks. Friday of the event was declared โ€œBlackhawks Dayโ€ with special discounts offered for fans of the professional hockey team, as well as an appearance by the Blackhawksโ€™ Street Team and an interactive display space with games and more on-site at the auction. The teamโ€™s namesake charity also offered a Blackhawks Experience package on Friday morning, which included an extensive list of VIP items and event passes. The offering package was sold for $10,000.

Mecum Chicago 2016 – Top Ten Auction Results (sales reflect hammer prices)

1. 1970 Ford Mustang Boss 429 Fastback (Lot S125.1) – $245,000
2. 1966 Shelby GT350H Fastback (Lot S123) – $137,500
3. 1967 Chevrolet Corvette Convertible (Lot S97) – $123,000
4. 1988 Porsche 911 Turbo Cabriolet (Lot S101) – $100,000
5. 2004 Rolls-Royce Phantom (Lot S69) – $90,000
6. 1956 Chevrolet Nomad Resto Mod (Lot S138.1) – $85,500
7. 1957 Ford Thunderbird E-Code (Lot S124) – $85,000
8. 1970 Dodge Hemi Challenger R/T (Lot S96) – $80,000
9. 1968 Shelby GT500KR Fastback (Lot S150) – $77,000
10. 1968 Ford Mustang Convertible (Lot S112) – $70,000

For complete auction results, visit Mecum.com.

Mecumโ€™s next classic and collector car auction will be a 1,000-car offering in Dallas, November 2-5, followed by a 750-car auction in Anaheim, California, November 17-19. The auction house will close out 2016 with an auction in Kansas City, Missouri, December 1-3, and then kick off the New Year with the worldโ€™s largest classic and collector car auction in Kissimmee, Florida, January 6-15 featuring 3,000 vehicles. 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 Auctions]