Mecum sells $7.9 million worth of cars, will return in 2018
Mecum Auctions will return to Portland for a third time next year, even though their recent collector car sale made less money than the first one in 2015.
With a lineup of 461 vehicles for sale, the June 16-17 auction grossed $7.9 million in sales. That compares to nearly $9 million from 480 sale vehicles last year.
But the results were good enough for the company to immediately announce it will return to town in 2015. Mecum came to Portland last year after logistics proved difficult in Seattle, where they had previously held a series of auctions. The company will be back on June 22-23, 2018.
This year's auction was topped by a well-documented 1968 Chevrolet Yenko Camaro that sold for $395,000.
Chevrolets and Plymouths dominated the top 10 sold, but a Hemi-equipped Desoto Fireflite Convertible also made the following list, which does not include buyer's premiums:
• 1968 Chevrolet Yenko Camaro at $395,000
• 1970 Chevrolet Chevelle LS6 at $125,000
• 1967 Chevrolet Corvette Convertible at $110,000
• 1971 Ford Mustang Mach 1 Fastback at $90,000
• 1970 Plymouth AAR Cuda at $81,000
• 1970 Plymouth Cuda at $78,000
• 1970 Plymouth Road Runner at $72,500
• 2003 Chevrolet Corvette CRC Conversion at $71,000
• 1966 Shelby Cobra Replica at $70,000
• 1955 Desoto Fireflite Convertible at $68,000
Just having the auction held in Portland boosted the local economy. Mecum brought 150 employee to town to staff every aspect of the operation, from the auctioneers to the camera operators and the full production studio that beams the proceedings live to NBCSN and prepares the recorded broadcasts. The company also rented all four halls at the Expo Center where the auction was held to store all 461 vehicles inside.