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Mecum Monterey Auction Hits A$79.8 million in sales

If the recent Mecum’s auction held at Del Monte Golf Course is anything to go by, achieving A$79.8 million sales, there's still cash in cars
GT40 roadster for auction side

While some sprout economic gloom and doom, bidders attending car week in Monterey in late August 2024 brushed any fears aside as they spent a staggering A$79.8 million at the Mecum’s auction held at the Del Monte Golf Course.

Played out in front of record crowds, the most expensive car going under the Mecum hammer was a 1969 Ford GT40 Lightweight selling for A$11.62 million, becoming the fourth highest priced car sold during Monterey Car Week.

A total of 11 cars were sold by Mecum in excess of US$1 million with a heated bidder battle for a 1969 Dodge Hemi Daytona, which finally went for A$4.96 million, a new auction record for the model.

Motorcycles lived up to pre-auction hype, with a handful of bikes achieving strong six-figure sales, including a 1913 Henderson Four at A$195,978 and a 1947 Harley-Davidson EL Deluxe Knucklehead that brought A$162,650.

Ferraris were sought after by Mecum bidders with a 1967 275 GTB/4 selling for A$4.55 million, a 2003 Enzo at A$4.22 million and a 1967 330 GTS finding a new owner for $3.74 million.

American 1960’s muscle made a statement with a 1970 Plymouth Hemi Cuda convertible making the vendor happy with a winning bid of A$3.80 million, while a 1967 Chevy Corvette L88 Convertible got A$3.47 million.

European thoroughbreds also fared well with a 2005 Porsche Carrera GT changing hands for A$2.56 million, a 1930 Packard 734 Speedster Boattail Runabout going for A$2.03 million and a 1957 Mercedes-Benz 300SL Roadster finding a winning bid of A$1.82 million.

Photography: Mecum Auctions/Gianni Cabiglio/Peter Rogers/KO Motoring Events/Mecum Auctions

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