Mecum Dallas 2015 – Auction Results

1992 Ferrari 512 TR sold for $295,000

The Mecum Dallas 2015 auction was held September 16-19 at the Kay Bailey Hutchison Convention Center in Dallas, Texas, resulting in $24,809,893 in total sales.

โ€œThis yearโ€™s lineup was very diverse with great examples from nearly every category of collectability,โ€ said Mecum Consignment Director Frank Mecum. โ€œWhether you were after a Ford or a Ferrari, the Dallas roster was jam-packed.โ€

Over four days, 699 cars changed hands in Dallas, with the top result claimed by a 2015 Mustang GT (Lot S148.1) customized by Richard Petty’s Garage and benefiting Paralyzed Veterans of America. Saturday saw the auctionโ€™s highest sales with all top 10 sellers gaveling that day along with the Pettyโ€™s Garage Custom Mustang which sold two different times in one day. Presented on the block by seven-time NASCAR champion “The King” Richard Petty, the Mustang first brought a $330,000 sale, with all proceeds benefiting the Paralyzed Veterans of America (PVA) non-profit organization. The car was then generously donated back to the PVA by its purchaser and sold again an hour later for an additional $205,000, which also went directly to benefit the non-profit for a total of $535,000.

Other auction highlights included the sale of a one-owner 1992 Ferrari 512 TR (Lot S222), one of 378 produced for the U.S. market. The original owner lifted the reserve at $220,000, and a bidding war ensued, climbing in $5,000 increments to a final hammer price of $295,000.

Leading all muscle cars, a Candy Apple Red 1969 Ford Mustang Boss 429 Fastback (Lot S105) brought a $250,000 high bid. The 1950s-era was well-represented by the Amos Minter-restored factory-supercharged 1957 Ford Thunderbird F-Bird (Lot S114) which demanded $225,000, while a 1969 Dodge Daytona (Lot S97), equipped with a 440 Magnum and four-speed transmission, rounded out the top five at $205,000.

Mecum Dallas 2015 – Top Ten Auction Results (sales reflect hammer prices)

1. 2015 Ford Mustang GT Petty’s Garage (Lot S148.1) – $535,000
2. 1992 Ferrari 512 TR (Lot S222) – $295,000
3. 1969 Ford Mustang Boss 429 Fastback (Lot S105) – $250,000
4. 1957 Ford Thunderbird F-Bird (Lot S114) – $225,000
5. 1969 Dodge Daytona (Lot S97) – $205,000
6. 1967 Shelby GT500 Fastback (Lot S93) – $190,000
7. 2007 Ferrari 599 GTB Fiorano (Lot S83.1) – $185,000
8. 1963 Ford Galaxie 500 Lightweight (Lot S120.1) – $160,000
9. 1970 Mercedes-Benz 280SE Cabriolet (Lot S156) – $157,500
10. 1964 Ford Galaxie 500XL Convertible (Lot S162) – $152,500

For complete auction results, visit Mecum.com.

Mecum’s next 2015 classic and collector car auction will be a 1,000-car offering in Chicagoland at the Renaissance Schaumburg Convention Center, October 8-10, followed by a 750-car auction in Anaheim, California, November 12-14. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, visit Mecum.comor call (262) 275-5050.

[Source: Mecum]