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Auto enthusiasts turn out for Mecum Auctions
Hundreds of classic and collector cars crossed the auction block on Friday and Saturday at the first-ever Mecum Auctions in Portland.
Mecum Auctions bills itself as the world's largest collector car auction. The event was held at the Portland Expo Center on June 17 and 18. It was televised live, and will re-air on NBCSN on Monday, June 20, from 2 p.m. to 6 p.m.
Although official totals were not immediately available, when the last gavel was struck, approximately 300 of the offered cars were had been sold and well over $10 million had changed hands .
The most expensive sale at the event was a rare 1965 Ford Mustang GT350 that previously won its class at the Portland Roadster show. This classic pony car drew a winning bid of $305,000, making a tidy profit for its owner of 38 years.
Other top sales included a 1970 Plymouth Hemi Barracuda that sold for $190,000, and a 1967 Chevrolet Corvette convertible that sold for $160,000.
In addition to the auction, automobile-related vendors did a brisk business throughout the event. Every building at the complex was put to use housing cars and vendors for the auction.
The successful results increases the chances Mecum Auctions will return to Portland annually.