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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [ 2 ] [ 3 ] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
The company has since added auctions in Amelia Island, Florida. [5] Typical auctions are held in outdoor locations where prospective bidders can inspect and bid on cars directly in an "auctions in the round” format. [6] [7] At a 2010 event, an 800-foot-long auction tent fell over due to strong winds, striking several cars and causing an ...
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
022 will be auctioned on 18 January 2025 by Mecum Auctions. 022 now has a dedicated webpage and video which features interviews with Seinfeld, Porsche Team members and grandson Chase McQueen. The 1970 Porsche 911S purchased while making the film Le Mans and appearing in the opening sequence was sold at auction in August 2011 for $1.375 million.
The auction was originally meant as a one-time event, [9] but was more successful than expected, garnering 3,000 attendees. It became an annual event, [6] and eventually prompted the creation of other collector car auctions in the Scottsdale area. [10] Jackson's wife Nellie was a car enthusiast and also took part in the business. [11]
The sale of this 1,000-car collection was spread over three auction sessions in 1985, 1986 and 1987. The company was sold to ITT in 1981, but the family bought it back in 1986. It was then sold to eBay for $275 million in 1999 [ 3 ] but was purchased back by Dean Kruse in 2002.