Stefan Lombard reports from Sports Car Market:
Preliminary results from Mecum's annual High Performance Auction in Kissimmee, Florida, held January 28 through 31, show a 71% sell-through on nearly 1,000 cars, for a $25.6m total. All figures are up from last year, where 437 cars sold for $16.4m and a 58% sell-through.
Top sale was a 1966 Riva Super Aquarama speedboat, one of just 201 built, and hammered sold for a strong $837,000, including commission. Top car was a 1931 Auburn 851 Boattail Speedster at $398,560. Final results will be posted as they are made official.
These are very strong results that bode well for the collector hobby. As I wrote previously, quality cars are getting good money, and there are lots of quality cars.
Check out Mecum's auction results for a full recap.
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