June 21, 2024

Linkage Mag

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Mecum Indy Tops $108m in Sales

Mecum’s Indy sale is one of the company’s biggest auctions of the year — nine days, thousands of cars and generally a good number of records set, too. This year’s event saw 2,877 lots sell in Indianapolis, with a final total over $108m. For those of you counting, that marks four years in a row that Mecum’s brought over $100m in Indy — itself a record, and a bar that seemed hard to cross only a few short years ago.

The top sale at Indy was a 1966 Shelby 427 Cobra Roadster, lot F152, sold at $2.145m. The car was the last of the original order for 100 427 cars, and it had never been modified from new. It showed just over 18k miles from new and still had its original engine, chassis and aluminum body.

One car was bid higher but didn’t sell: the 1959 Porsche 718 RSK Center Seat — just one of six built in that configuration — failed to sell at $3.4m.

Other sales of note included a 1963 Chevrolet Corvette Z06 Coupe at $687,500, a 1970 Chevrolet Chevelle SS 454 LS6 convertible at $660k, a 1965 Shelby GT350 at $495k and a 1967 Ford Mustang Eleanor tribute that sold for $456,500. A 1955 Chevrolet Bel Air, built in 2024 as a replica of one of the three all-gold Chevrolets built in 1955 to celebrate the company’s 50 millionth automobile, brought a stout $434,500.

Roger Penske was on-site amongst a number of other high-profile bidders. He was joined by Rick Mears and other members of Team Penske as the group presented a selection of 17 Indy Pace Cars from the Penske Collection. All were offered at no reserve. The highest seller of the group was an 88-mile 2015 Chevrolet Corvette Z06 coupe, sold at $102,300.

See the complete results here.

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