A 1967 Ferrari 275 GTB/4 (Lot S152.1) sold for $3,025,000, leading all sales during the fourth-annual Mecum Glendale auction, March 16–19, at State Farm Stadium.
The event generated $66.3 million –– a 53% increase over last year’s Glendale auction. The sell-through for the reserve-based auction was 78%, with 1,285 of the 1,657 lots going to new owners. The event posted record attendance, too, up 37% from 2021. Even sponsors such as Dodge reported record engagement with its pre-auction Power Parties and Thrill Ride attraction.
“This year’s auction in Glendale was Mecum’s best to date,” says Sam Murtaugh, chief operating officer of Walworth, Wis.-based Mecum Auctions. “There were more cars than ever before, and the quality of consignments was incredible. All of our auctions have seen an ongoing string of successful, record-setting results regarding attendance, individual sale prices and overall sell-through rates, with seemingly no end to the growth in sight.”
Following the top Ferrari Classiche-certified 275 GTB/4, S/N 09495, were three more seven-figure classics: an AACA National First Prize-winning 1929 Duesenberg Model J Murphy Convertible Coupe (Lot S149), number 116 of the 487 bodied by the distinguished Walter M. Murphy Coach-builders, $2,365,000; a 182-mile 2005 Porsche Carrera GT (Lot S145), number 940 of 1,270, $2,200,000; and a 2020 Ford GT (Lot S160), a 1,270-mile contemporary supercar with 647 horsepower through a dual-clutch 7-speed automatic, $1.1 million.
These were followed by a 2017 Lamborghini Aventador LP700-4 Roadster (Lot S162), $698,500; 1969 Ford Mustang Mach 1 Fastback (Lot F183), $440,000; 1934 Packard 1107 Twelve Coupe Roadster (Lot S181), $440,000; 1995 Rolls-Royce Corniche S Convertible (Lot S149.1), $412,500; and a 1996 Lamborghini Diablo VT Roadster (Lot S155), $332,750.
Nearly $20 million in sales resulted from five private collections. In total, the 50-plus cars in the Mile High Collection sold for $5.9 million; the top-seller was the Ford Mach 1. The 13 Corvettes in the Hooked on Vettes Collection brought $1.5 million and 180-plus large-scale neon signs, $1.7 million. A 1963 Chevrolet Corvette Split Window Coupe (Lot F 128.1) led these cars at $214,500.
From the Jim Osterman Collection, a 1957 Chevrolet Bel Air Convertible (S167.1) brought $192,500, and a 1967 Ford Mustang Fastback from the Triple B Collection (T143), $90,200. And, a 2021 Mercedes-Maybach S580 4Matic (S142), from the Marty Nelson Collection, generated $269,500.
The company’s flagship auction, Dana Mecum’s 35th Original Spring Classic, is in Indianapolis, May 13–21, with 3,000 classic and collector cars. To consign a vehicle or to register as a bidder, visit Mecum.com or call 262.275.5050 for more information. For access to complete auction results, sign up for a free MyMecum account at Mecum.com.
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