Mecum Monthly July

July 2010

making history... again.

1966 Shelby Cobra 427 Roadster CSX3102 427/425 HP, 4-Speed

Time to Consign.

AUGUST 13-14

Hyatt Regency Resort & Spa On Del Monte Golf Course • Monterey, CA

NOW 2 DAYS 400 VEHICLES

Broadcast LIVE on HD Theater

w w w.M E C U M.c o m Nobody Sells More Collector Cars Than Mecum. Nobody.

SM

JULY 2010

Collector Car Auction News from MECUM AUCTIONS

CONTACT

MECUM AUCTION?

Via Mail, E-mail, Phone or Fax: Mecum Collector Car Auctioneers 950 Greenlee Street Marengo, Illinois 60152 Website: www.MECUM.com Office: (815) 568-8888 Fax: (815) 568-6615 E-mail: info@mecum.com

SELL A VEHICLE

AT A MECUM AUCTION?

Download a “Request for Position” form today. Visit www.MECUM.com. Click on the Seller info tab at the top of the home page to download all forms. Print out and fax completed forms to 815-568-6615.

Be sure to fill out separate forms for each vehicle when requesting positions.

BUY A VEHICLE

AT A MECUM AUCTION?

Mecum provides three ways to become a registered bidder and purchase vehicles at our auctions. In addition to conventional onsite bidding (recommended), we also offer absentee services to bid online or via the telephone. For complete bidder registration information, visit www.MECUM.com, click on the Bidder info tab at the top of the home page. For any questions contact the bidder department at 815-568-8888.

Mecum Auctions has been specializing in the sale of collector cars for over 23 years, and has become America’s largest Collector Car Auction Company offering nearly 5,000 vehicles per year. With auctions spanning coast to coast, Mecum is able to provide the utmost in customer service while giving both buyers and sellers the greatest of options.

Copyright © 2010 Mecum Auction, Inc. All rights reserved.

DANA SAYS Wow, what a busy time of the year we are in right now!

First, let me thank you, our customers, for making INDY’10 an epic, record setting event! Nearly $42 Million in sales and a 66% sell rate has made it THE national annual collector car event of the year.

July means a return to Des Moines IA, and we’re excited to present a diverse assortment of collector cars for this two day event, which will be broadcast live on Discovery Network’s HD Theater. Check out some of the Des Moines consignments featured in this newsletter.

Just around the corner now is Monterey and many of you have already seen the news about our exciting lead car: a 1959 Ferrari 250 GT TdF that won its class at Le Mans! That, combined with an expanded two day format, 400 cars, and live HD Theater television coverage, make Mecum’s Monterey Auction an event that you will not want to miss!

Also in August, just prior to Monterey, Mecum will expand its auction services to include vintage and antique tractors, with its inaugural Gone Farmin’ 2010 dedicated tractor auction to be held in Walworth, Wisconsin. A sneak peek of some of the early consignments were on display at Spring Classic, and they looked and sounded great!

Safe summer travels, and I look forward to seeing you at one of our upcoming events –

R W E T NO S I G ID E R B TO

S81 1965 Shelby GT 350

Still Time to Consign.

JULY 16-17

Iowa State Fairgrounds Des Moines, IA

500 VEHICLES

Broadcast LIVE on HD Theater

Watch Mecum Auctions Every Saturday Night on HD Theater

w w w.M E C U M.c o m Nobody Sells More Collector Cars Than Mecum. Nobody.

SM

ALSO TO BE OFFERED AT DES MOINES’10

S131 1970 Plymouth Hemi Cuda 426/425 HP 4-Speed

S103 1969 Chevrolet Camaro Z28 4-Speed

F141 1950 Ford Pickup

S124 1941 Plymouth Convertible

AND MANY TO BE OFFERED AT NO RESERVE...

F98 2002 Ford Thunderbird Convertible F112 1975 Chevrolet El Camino SS

F106 1964 Chevrolet El Camino

F26 1953 Ford 2-Door

F107 1948 Oldsmobile Sedan

F105 1992 Chevrolet S10

F109 1956 Pontiac Safari Station Wagon

F110 1970 Plymouth Road Runner

F130 1997 Ford Mustang Cobra

F104 1967 Oldsmobile 442

F108 1946 Mercury Coupe

F99 2002 Lincoln Blackwood Pickup

F103 1956 Chevrolet Cameo Pickup

F204 1978 Cadillac Fleetwood 4-Door

F101 1971 Chevrolet Cheyenne Pickup

F102 1959 Chevrolet El Camino

Tops $41Million in Sales Mecum Auction sold more than 1,000 vehicles at their 23rd Annual Original Spring Classic Auction, May 19-23, 2010, in Indianapolis, Ind., where they offered an eclectic mix of classic muscle, race cars, trucks and even tractors. Total gross sales (excluding buyer’s premium) for the five-day auction were $41.7 million.

“A high-energy crowd and eager bidders participated in our flagship Original Spring Classic Auction, which had a final sell-through rate of 66%,” said President Dana Mecum. “As our largest annual event, we strive to give enthusiasts a wide variety of vehicles to see, enjoy and purchase. The buildings at the Indiana State Fairgrounds were packed wall to wall with everything from rare pace cars, exotic Mercedes-Benz and Model T’s to wooden boats, a Howard airplane and neon signs. There truly was something for every taste and budget.”

FULL RESULTS AVAILABLE For full details on all auctions and complete auction results join the Mecum infoNet. It’s FREE. Sign up at www.MECUM.com

The auction’s top-selling vehicle was the 1963 Harley J. Earl Corvette, which sold for $925,000.

Featuring a 327 cubic inch engine, the Corvette boasts a 4-speed manual transmission; distinct dual instrument panels and stainless steel side-exit exhausts that sprout from behind the front wheel wells; and chrome trim, exterior emblems, interior control knobs and four-wheel disc brakes that are all pre-production 1965 parts. A hand-written number code inside the door trim panel confirms Shop Order (S.O.) 10323, indicating a special hand-built, one-ofa-kind Corvette.

More than 30,000 buyers, sellers and general car enthusiasts attended this year’s auction.

Complete results are available to Mecum InfoNet members, which is free to join at www.Mecum.com.

Mecum InfoNet members can log in to see car-by-car results by visiting the Consignment List. M

INDY Top 10

Star of the Show the one-of-a-kind, specially hand-built 1963 Harley J. Earl Corvette SOLD for $925,000

Kirk Delzell in action.

“The Dealmaker� Dana Mecum doing what he does best.

The calm before the storm in the 2,000 seat Mecum auction arena inside the Toyota Blue Ribbon Pavillion at Indiana State Fairgrounds.

‘32 Ford Woody sold at NO RESERVE for $80,000 from the Richard V. Munz collection.

Four Race Cars from the movie Charlie’s Angels filled the stage and sold as a set.

‘70 Hemi Challenger Convertible, the #2 high seller at $750,000

“KITT” from 2008 TV Series Knight Rider sells at NO RESERVE

Dana Mecum’s GeeTO Tiger hammers out a deal selling for $250,000

An array of Hot Rods crossed the block throughout the 5 days!

More than 30,000 buyers, sellers and general car enthusiasts attended this year’s auction

Arnie “The Farmer” Beswick races on to the block in his AF/X Comet

Gone Farmin’ made its debut with bidders assistant Kathy Hickey at the wheel.

“The list of amazing vehicles continues to grow for our upcoming Monterey Auction.� - Dana Mecum

S123 1959 Ferrari 250 GT LWB TdF (S/N 1321) 1st in Class, 3rd Overall at the 1959 24 Heures du Mans

Mecum is excited to offer collectors a chance to bid on this

world class Ferrari. The 1959 250 GT TdF Competizione Berlinetta offers quality, provenance and is fresh to market, having remained under long term ownership since the 1970s.

We have expanded our Monterey event to two full days as more than 400 investment-grade collector cars, exotic vehicles and ultra rare boats are scheduled to cross the auction block.

S87 1957 Chevrolet Bel Air Convertible

S88 1941 Willys Steel Coupe

Original and unrestored with 15,514 miles

Built by Roy Brizio Street Rods

S90 1936 Ford Deluxe 2-Door Sedan

S92 1951 Cadillac Convertible

Factory Built Stainless Steel

S98 1954 Chrisman Bonneville Coupe

S105 1966 Aston Martin DB6 Coupe

Class Record Setter at Bonneville in 1954

“The Bing Crosby Car”

S125 1967 Chevrolet Corvette L-88 Convertible The ex-Tony DeLorenzo Race Car. The First RPO L-88 Built

This 1967 Corvette L88 Convertible is one

of only 20 produced and notably the earliest RPO-ordered L88 known to exist. As Mecum continues to consign one-of-a-kind cars, the addition of the rare ex-DeLorenzo L88 Roadster headlines an outstanding selection of Corvettes to be offered at Monterey’10. We look forward to having you as our guest at Monterey’s ONLY daytime auction on the Del Monte Golf Course at the Hyatt Regency Resort.

Tony DeLorenzo behind the wheel of the RPO L-88 winning its first race in 1967.

AUGUST 13-14 Hyatt Regency Resort & Spa On Del Monte Golf Course • Monterey, CA

NOW 2 DAYS 400 VEHICLES

F126 1962 Chevrolet Corvette Z06 Resto Mod

F130 1967 Chevrolet Corvette Coupe

Designed and Built by Rich Lagasse and Newman Car Creation

427/400 HP, 4-Speed

S79 1958 Chevrolet Corvette Convertible

S112 1955 Chevrolet Corvette Roadster

283/290 HP, Fuel Injection, 4-Speed

Unrestored, Factory 3-Speed

S134 1961 Chevrolet Corvette Convertible

S155 1962 Chevrolet Corvette Convertible

283/315 HP, Fuel Injection, RPO 687 Big Brakes

327/340 HP, 4-Speed

S106 1965 Shelby GT350 Drag Unit

S110 1968 Chevrolet Yenko Camaro

#S207, One of Only 4 Built and 2 Known to Exist

427/425 HP, 4-Speed

Monterey Five The

ONE OF

Vintage Wooden Boats TO BE OFFERED AT AUCTION

S120 1966 Shelby Cobra 427 Roadster CSX3102

S130 1922 Hacker Gentlemans Race Boat 29’

427/425 HP, 4-Speed

“Apache II” 1917 Liberty V-12 Aircraft Engine

S132 1960 Chrysler 300F Special

S133 Ed “Big Daddy” Roth’s Tweedy Pie

NASCAR’s All Time “Flying Mile” Record Holder

1923 Ford T-Bucket Roadster

MECUM101 Getting Prepared to Sell Your Vehicle at Auction After the decision has been made to sell your vehicle at auction, there are a few simple steps to take to help ensure the experience for you and your vehicle is a pleasant one. Spending just a few extra minutes and couple extra dollars at home in the garage, could be the difference between selling or not selling your vehicle.

1.Engines love clean, fresh gasoline. The higher the octane the better! While not readily available at your local corner gas station, higher octane racing fuels may be available from area oil distributors or even a neighborhood speed shop. If your vehicle has been sitting for a long time in storage, the fuel in the tank may be stale and hinder performance. Siphoning or draining old gas and adding 5 gallons of fresh fuel will not only help keep your vehicle running better, but it will give you peace of mind knowing that you have enough fuel in the tank for the entire event.

2.Charge your battery. With a brand new, or fully charged battery, your vehicle stands a better chance at making it through the many starts and stops of

the auction process. From the first crank out of the garage for transport, to the final start up, and every time in between, the draw can be hard on a weak or undercharged battery. Potential buyers like to see cars cross the block on their own power.

3.Maintain your vehicle’s appearance. One of the easiest ways to attract potential buyers to your vehicle is with a little “curb appeal.” A fully detailed vehicle will attract more looks than a dirty one. Dirt, dust, and grime may give the illusion that a vehicle is in poor condition, while clean shiny paint, crystal clear glass and gleaming whitewalls will allow everyone to see your vehicle’s full potential. Be sure to check on your vehicle often to ensure it stays clean throughout the auction.

While there are a number of preventative maintenance items that should always take place during the care of precious collector cars, focusing on these three easy tasks will help increase your selling potential at auction and allow you to better enjoy your Mecum Auction experience! M

2010

AUCTION SCHEDULE REGISTER TO BID TODAY! BROADCAST LIVE ON

JULY 16-17

Iowa State Fairgrounds Des Moines, IA 500 VEHICLES 1965 Shelby GT350

VINTAGE TRACTORS NEW AUCTION

Vintage Tractor Auction

AUGUST 7 1953 Farmall Super HV

IT’S TIME

TO CONSIGN! 445 S. Main Street Walworth, WI 200+ TRACTORS Tractors@Mecum.com IT’S TIME TO CONSIGN!

BROADCAST LIVE ON

AUGUST 13-14

1959 Ferrari 250 GT TdF (S/N 1321)

Hyatt Regency Resort & Spa On Del Monte Golf Course Monterey, CA 400 VEHICLES

NOW 2 DAYS IT’S TIME TO CONSIGN!

SEPTEMBER 16-19

BROADCAST LIVE ON

Pheasant Run Resort St. Charles, IL 1000 VEHICLES Previous Lot Shown. Not Available at this Auction.

IT’S TIME TO CONSIGN!

BROADCAST LIVE ON

DECEMBER 3-4

Bartle Hall Kansas City Convention Center Kansas City, MO 500 VEHICLES Previous Lot Shown. Not Available at this Auction.

Watch Mecum Auctions Every Saturday Night on HD Theater

w w w.M E C U M.c o m Nobody Sells More Collector Cars Than Mecum. Nobody.

SM

MEET THE MECUM TEAM BOBBY McGLOTHLEN and his 23 years of auctioneer experience have worked with Mecum Auctions time after time dating back to the mid 90s. Bobby is known best amongst the Mecum family as Dana’s “utility man,” filling the void wherever help is needed on the block. From Ringman to Auctioneer, and anything in between, count on Bobby for his dedicated hard work, inspiring upbeat attitude, and comical interactions with the crowd. When asked about his memorable experiences with Mecum, McGlothlen replies, “It’s been great to watch Dana and his family grow up in the auction business, and to have my family be part of it all. The great venues, the great cars, and the great people makes it all worth while.” M

SHERRY WARD and Mecum Auctions crossed paths by mere coincidence a little over 22 years ago. As Mecum was in great need of a License and Title Clerk, Sherry was hired from a referral as she was a known title guru in the wholesale/ dealer auction industry. A great fit to the Mecum family, she has performed the onsite title work at most auctions ever since. Just 3 months ago, Sherry joined the Mecum staff full time at the home office in Marengo, IL. Close attention to detail, a high level of customer service, and a natural ability to put a smile on a face, put simply is Sherry Ward. M

GINO PIACENTINE has been in the food industry his entire life. After many years as owner/operator of a deli/ catering business, Gino has seemingly done it all. “Food is my blood,” says Piacentine. An avid autocross racer, Piacentine’s network of friends in the racing world led his path to Mecum Auctions. Today, Gino is able to combine his passion for food with his love for cars as he manages the food/beverage logistics for the entire staff at Mecum. “Taking care of people is what I do,” says Piacentine. “Nothing gives me more satisfaction than knowing that what I provide keeps staff energy high, and the smiles on their faces, as these are the hardest working people I know.” M

1950 O-6 Orchard

Time to Consign.

Vintage Tractor Auction

AUGUST 7

445 S. Main Street • Walworth, WI

200 + TRACTORS

Some of the Many Early Gone Farmin’ 2010 Entries

1950 John Deere Model R

1954 Farmall Super MTA

1935 John Deere GP

Watch Mecum Auctions Saturday Nights on HD Theater

w w w.M E C U M.c o m

tractors@mecum.com

1953 Farmall Super HV

950 Greenlee Street Marengo, Illinois 60152

1970 Pontiac GTO Judge Convertible 400/370 HP Ram Air IV SOLD at St.Charles’09 for $350,000 Previous Lot Shown. Not Available at this Auction.

Time to Consign.

SEPTEMBER 16-19 Pheasant Run Resort St. Charles, IL 1000 VEHICLES

Broadcast LIVE on HD Theater

w w w.M E C U M.c o m Nobody Sells More Collector Cars Than Mecum. Nobody.

SM