{"id":370354,"date":"2013-09-13T13:00:19","date_gmt":"2013-09-13T20:00:19","guid":{"rendered":"https:\/\/sportscardigest.com\/?p=54591"},"modified":"2024-12-06T03:37:59","modified_gmt":"2024-12-06T03:37:59","slug":"mecum-monterey-2013-auction-report","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/mecum-monterey-2013-auction-report\/","title":{"rendered":"Mecum Monterey (2013) – Auction Report"},"content":{"rendered":"

Mecum Auctions, Del Monte Hyatt, Monterey, California, August 15-17, 2013
\nReport and photos by Rick Carey, Auction Editor
\n\u2018The Daytime Auction\u2019 has now firmly established itself as an important part of the Monterey car week.
\nMecum Auctions\u2019 presence has been bolstered by a welcome consignment of old, classic, competition and high value cars but remains balanced, and in fact heavily weighted toward, reasonably priced cars accessible to great numbers of the spectators and day-trippers who flock to the Monterey peninsula for the week\u2019s activities.
\nIt\u2019s free to get in (although that may not survive its popularity) and the Del Monte golf course is flooded with spectator cars. There is something inherently pleasing about Mecum\u2019s presentation and openness that attracts spectators, positions them to see accessible collector cars and encourages them that the hobby is much more than the headline seven- and eight-figure cars that grab headlines.
\nThat\u2019s not to forget that it is a commercial success, with boxcar numbers changing hands. It also offers collectors whose access to the other Monterey auctions, particularly the high-roller sales at Bonhams, RM and Gooding, is limited or is discouraged by their insistence that modestly-valued cars be offered without reserve. To the vast majority of car collectors their $40 or $50 thousand Chevy, Dodge or Mustang is a major investment. Risking it at no reserve is something to be undertaken very carefully.
\nMecum \u2013 and Russo and Steele \u2013 has filled that void, and done it successfully.
\nThis year\u2019s Mecum Monterey auction was marked by a number of high value offerings. They had a much lower closing rate than the more modestly-valued cars. It also featured a huge collection of midget, sprint and other oval track racers, the McMurrey Family collection of Mustangs and the Paul and Cheryl Dunkel collection. There was a lot to see.
\nSince posting the original results Mecum Auctions advised that the Ferrari 750 Monza s\/n 0462MD was sold in the week following Monterey for $3,959,000 including commission ($3.7 million hammer.)
\nThe report for that car has been revised to reflect the post-block sale. The overall sale results are re-stated below.
\nThe question \u2013 entirely appropriate in my opinion \u2013 of revising results from those reported both on the block and in the auction companies\u2019 subsequent results is worth exploring.<\/p>\n