Hot Rod auction draws large big crowds
Mecum Auctions returned to Portland for the fourth time Friday and Saturday, June 21 and 22. The crowd was larger than last year's event.
The nation's premiere collector car auction company offered an estimated 500 vehicles for sale at the Portland Expo Center. They ranged from muscle cars to customs, hot rods, modified classics, older trucks and first-generation sport activity vehicles. Featured cars include a 1969 Chevy Camaro RS Z28, a 1957 Cadillac Eldorado Biarritz Convertible, a 1971 Buick GSX and a 1965 Sunbeam Tiger Roadster.
"The car community in Portland has always made us feel welcome and we appreciate their support," said John Kraman, Mecum's director of consignments and TV commentator. Much of it was also shown on NBC Sports network.
One satisfied customer was Mark Young, owner of Northwest House of Hardtops, an investment car dealership at 11834 S.E. Stark St. He brought 29 cars to the auction and sold 60 percent of them. Most were restored muscle cars from 1960s. One, a 1969 Ford Mustang Boss 429, sold for $250,000, the highest price paid at the auction for any vehicle.
"We had a good auction," said Young, who also bought a car for his wife. It is a 1951 Nash Airflyte Convertible, identical to one he and his wife saw at an auction 20 years ago.
"I have a picture of her standing by the car on my phone. It looks like an upside down jeyy bean," said Young.
Kraman said the company started with a single auction staged by founder Dana Mecum and his wife Patti in 1988. It employees 155 people at its corporate headquarters and will stage 13 auctions this year, with the largest generating up to $100 million in sales. Each employees around 200 part- and full-time workers, including a 40-person TV production crew that travels from auction to auction.
Mecum sold $9 million worth of cars at last year's auction in Portland, a total Kraman said the company hoped to break this year. For more information, go to www.mecum.com.