Market Intelligence
Mecum Kissimmee: the affordable side of the record-breaking auction
Detective Cliff Goodall uncovers post-auction records, breaking $300 million turnover with the sale of the 275 GTS/4 Nart Spider. His journey, highlighted on roarington.com, unveils unique bargains and novelties in the automotive realm.
Mecum’s Kissimmee auction was nothing short of extravagant, which, after 139 post-auction sales, sold a total of 2,981 cars, generating a total revenue of $237 million ($236,539,705 to be exact). Adding “everything else” sold, including boats, motorcycles, and automobilia, total takings reached $275 million. To my knowledge, that is an absolute record.
A closer look at the unsold cars list reveals an intriguing detail: the two 275 GTS/4 Nart Spiders and the 275 GTB LM Competition, which failed to meet their reserve price, have mysteriously disappeared from the list. These two cars, each valued around $25 million, would have been a significant concern in this sensitive market had they gone unsold. Disappeared? I enjoy mysteries, and after some digging, it turns out they’re not gone but rather hidden, accessible only through specific search terms on Mecum’s website. These prized vehicles, it seems, are being treated with the utmost discretion and care...
