Mecum Chattanooga Collector Car Auction Brings In $18.7 Million

Thursday, October 21, 2021

Mecum’s first auction in the state of Tennessee was held at the Chattanooga Convention Center this past weekend, Oct. 15-16, in conjunction with the Chattanooga Motorcar Festival, and it proved to be an unequivocal success with standing-room-only crowds and more than $18.7 million in overall sales achieved.

A total of 543 vehicles were offered throughout the two-day auction, and an impressive 84% sell-through rate was reached as 457 hammered sold. Individual sales were topped by a nearly new 2021 Mercedes-Benz G550 Brabus Edition (Lot S118.1) that sold for $302,500, followed by a handful of Corvettes and other collector favorites. The auction’s No. 2 highest seller was a 1958 Chevrolet Corvette Convertible (Lot S124) that brought $264,000, followed by a 1963 Split Window Coupe (Lot S139) at $214,500. Other Corvettes to make the list included two convertible models, a 1959 (Lot S51.1) that sold for $170,500 and a 1965 (Lot S101.1) that reached $159,500.

In the fourth spot of the top seller’s list landed a one-of-47 1968 Shelby GT500KR Convertible (Lot S180) that sold for $176,000, and a 1970 Plymouth Cuda (Lot S120.1), boasting a 440 6-BBL engine and automatic transmission, sold for $165,000 grabbing the sixth seat.

Private collections made their usual strong showing in Chattanooga with The Walter Hawk Collection and The North Lakes Private Mustang and Shelby Collection both achieving 100% sell-through rates and the Jim Arnett Jr. Collection seeing 19 of its offerings hammer sold for nearly a half-million dollars in overall sales.

The complete top 10 collector car sales at the Mecum Chattanooga auction include:

1.              2021 Mercedes-Benz G550 Brabus Edition (Lot S118.1) at $302,500

2.              1958 Chevrolet Corvette Convertible (Lot S124) at $264,000

3.              1963 Chevrolet Corvette Split Window Coupe (Lot S139) at $214,500

4.              1968 Shelby GT500KR Convertible (Lot S180) at $176,000

5.              1959 Chevrolet Corvette Convertible (Lot S51.1) at $170,500

6.              1970 Plymouth Cuda (Lot S120.1) at $165,000

7.              1965 Chevrolet Corvette Convertible (Lot S101.1) at $159,500

8.              1955 Chevrolet Bel Air (Lot S128) at $148,500

9.              1967 Chevrolet Camaro RS (Lot S119) at $143,000

10.           2021 Ford Bronco First Edition (Lot S74.1) at $137,500

For access to complete auction results, sign up for a free MyMecum account at Mecum.com. Mecum’s next live auction event will be Chicago 2021, Oct. 21-23, which will wrap up Mecum’s October Takeover auction campaign with a 1,000-vehicle offering at the Schaumburg Convention Center in Schaumburg, Il. December will bring about Mecum’s Kansas City auction, Dec. 2-4, and January, 2022 will see the return of the world’s largest collector car auction with Kissimmee 2022 slated for Jan. 6-15, at the Osceola Heritage Park grounds in Kissimmee, Fl. For more details on upcoming auctions, to consign a vehicle or to register as a bidder, visit Mecum.com, or call 262 275-5050 for more information.


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