Auction Results: Mecum Chicago 2014

Mecum Auctions’ recent Windy City event turned out to be a little chillier than expected, as total sales fell to $13.8 million, down 35 percent from last’s Chicago total. Much of that can be attributed to a 13-percent drop in sell-thru rate – and what seemed to be a sleepy crowd in the stands. Top sales went to a trio of Ford GTs, topped off by a 182-mile 2006 Ford GT Heritage Edition Coupe sporting the legendary Gulf Racing livery, which brought an impressive $513,000. Ford GT prices have been on everyone’s radar for their quick appreciation, and it looks like the momentum will carry on for a while.

There were plenty of attractive cars offered in Chicago, and one of the more popular attractions was an attractive 1966 Chevrolet Impala SS Hardtop Coupe 427/425 which sold for $64,800. Advertised as having mostly original paint, this example drew quite a bit of attention from spectators. Two other star attractions were a pair of 1987 Buick GNX Coupes. Both were essentially brand new cars, one with 157 original miles that sold for $89,460 and the other with 47 original miles that went for $105,300. With only 547 of these cars produced and with such an enthusiastic following, it is unlikely that they will be selling for a discount any time soon.

Top 10 Sales:

1. 2006 Ford GT Heritage Edition Coupe sold for $513,000
2. 2006 Ford GT Coupe sold for $361,800
3. 2005 Ford GT Coupe sold for $324,000
4. 1969 Ford Mustang Boss 429 Sportsroof Coupe sold for $216,000
5. 1970 Plymouth Cuda 426/425 Hardtop Coupe sold for $199,800
6. 1969 Dodge Coronet Super Bee 426/425 Hardtop Coupe sold for $137,700
7. 1967 Chevrolet Corvette 427/435 Convertible sold for $118,800
8. 2012 Chevrolet Camaro COPO Coupe sold for $113,400
9. 1958 Chevrolet Corvette Convertible sold for $108,000
10. 1987 Buick Regal GNX Coupe sold for $105,300

With only a couple months left in 2014, Mecum has scheduled three more auctions. The next event will be held Nov. 13-15 in Anaheim, Calif., where 750 vehicles are expected to cross the block, including a 1970 Plymouth Superbird 440/390 and a 1967 Chevrolet Impala SS 427 advertised as one of only a handful with the more powerful 427/425 option.