Mecum
#2876135
01/18/21 03:18 PM
01/18/21 03:18 PM
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Joined: Jul 2003
Posts: 5,180 upstate western ny
sogtx
OP
master
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OP
master
Joined: Jul 2003
Posts: 5,180
upstate western ny
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Man
some of those prices at Mecum more a little bit outrageous Over 30 for a magnum. ??
Last edited by sogtx; 01/18/21 03:19 PM.
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Re: Mecum
[Re: rapom]
#2876236
01/18/21 06:22 PM
01/18/21 06:22 PM
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Joined: Jan 2003
Posts: 20,754 A collage of whims
topside
Too Many Posts
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Too Many Posts
Joined: Jan 2003
Posts: 20,754
A collage of whims
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I recorded all 2,000 hours and wound up watching it pretty much all of it. I did fast-forward through some of the really hideous cars, like that hardware-store-woody abomination & fugly Caddything. Seemed to me prices were healthy, sometimes REALLY healthy, for the good cars. Also seemed like a few sellers over-valued their stuff (Bid Goes On). Overall, contrary to what some say, the hobby seems to be in good health. I kept seeing Lee Smith's A/FX car in the background, but somehow missed it. The magic # on that car has been $450K, last I recall, did it finally sell ?
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Re: Mecum
[Re: topside]
#2876269
01/18/21 08:07 PM
01/18/21 08:07 PM
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Joined: Jan 2003
Posts: 27,466 So Cal
autoxcuda
Too Many Posts
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Too Many Posts
Joined: Jan 2003
Posts: 27,466
So Cal
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I recorded all 2,000 hours and wound up watching it pretty much all of it. I did fast-forward through some of the really hideous cars, like that hardware-store-woody abomination & fugly Caddything. Seemed to me prices were healthy, sometimes REALLY healthy, for the good cars. Also seemed like a few sellers over-valued their stuff (Bid Goes On). Overall, contrary to what some say, the hobby seems to be in good health. I kept seeing Lee Smith's A/FX car in the background, but somehow missed it. The magic # on that car has been $450K, last I recall, did it finally sell ? Dick Landy’s 64 sold for lot less a few years ago. I’m thinking &450K will be a waiting game until one person has to have it.
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Re: Mecum
[Re: sogtx]
#2876301
01/18/21 09:26 PM
01/18/21 09:26 PM
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Joined: Jan 2003
Posts: 43,523 Round Lake Beach, Illinoisy
Rhinodart
Rhinotruck
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Rhinotruck
Joined: Jan 2003
Posts: 43,523
Round Lake Beach, Illinoisy
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Man
some of those prices at Mecum more a little bit outrageous Over 30 for a magnum. ?? Which Magnum? I saw Dick Landy's last driver was there for sale, a 2006 magnum wagnum...
The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.
JB Rhinehart, Realist
A-Body's RULE!
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Re: Mecum
[Re: autoxcuda]
#2876304
01/18/21 09:31 PM
01/18/21 09:31 PM
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Joined: Jun 2003
Posts: 21,405 It's a dry heat
gtx6970
Too Many Posts
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Too Many Posts
Joined: Jun 2003
Posts: 21,405
It's a dry heat
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Based on my observations over the past year or so ,,,,, . Car prices are doing very well for quality cars. Some even rising to some degree , ( such as 66-67 hemi cars now consistently over $50k ) others dropping back. Who would have thought 68-69 Hemi cars being back under 100k,,,some well under
Cars with issues such as missing fender tags or discrepancies in the build remain unsold
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Re: Mecum
[Re: sogtx]
#2876357
01/18/21 11:20 PM
01/18/21 11:20 PM
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Joined: Sep 2014
Posts: 108 Ohio
ChallengerTA
member
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member
Joined: Sep 2014
Posts: 108
Ohio
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Steve Juliano's 1971 440-6 Cuda Convertible sold in May of 2019 for $1,155,000 and now it went for $962,500 with fees, so bid was $866,250 using 10% fee. Now he has his fees, say he got a deal at 5%, that's $822,937. Wow, at least a $332,000 loss in under 2 years. I think people paid way to much at the Juliano Auction or the market is getting softer on Muscle cars. Wonder how the Mod top that sold for $400,000+ would do now.
Jason 1970 Challenger T/A
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Re: Mecum
[Re: autoxcuda]
#2876466
01/19/21 10:55 AM
01/19/21 10:55 AM
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Joined: Jan 2003
Posts: 5,439 So Cal
Sinitro
master
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master
Joined: Jan 2003
Posts: 5,439
So Cal
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I think that was Dick Landy's last driver. I thought his was silver and plate said DLI on it. Correcto... Landy's Magnum was silver, I recall he would often bring it to the cruise-in @ Flames in Northridge on friday nites. I would often get there early and 1 nite he was there, sat down, pulled out a dyno sheet for the SRT Magnum and advised he was happy he got 50 more HP out of it... Landy was very personal and talkative, he had many entertaining stories from his past racing times..... Just my $0.02...
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Re: Mecum
[Re: Chip]
#2877131
01/20/21 11:58 AM
01/20/21 11:58 AM
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Joined: Jan 2003
Posts: 9,407 Brantford Ontario
69_SIX_PACK
master
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master
Joined: Jan 2003
Posts: 9,407
Brantford Ontario
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The interested buyers (babyboomers) of 66-74 muscle cars are getting older now and interest is withering. I can say for I am one and paying those prices is not of interest to me. I would rather go buy 4-5 hellcats and a couple of vipers than pay $900K for one old car. 10-years from now those 66-74 muscle cars will be way less money as the babyboomers reach full retirement. I have been hearing this for the last 20 years.... Dave
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Re: Mecum
[Re: ChallengerTA]
#2877134
01/20/21 12:00 PM
01/20/21 12:00 PM
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Joined: Jan 2003
Posts: 9,407 Brantford Ontario
69_SIX_PACK
master
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master
Joined: Jan 2003
Posts: 9,407
Brantford Ontario
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Steve Juliano's 1971 440-6 Cuda Convertible sold in May of 2019 for $1,155,000 and now it went for $962,500 with fees, so bid was $866,250 using 10% fee. Now he has his fees, say he got a deal at 5%, that's $822,937. Wow, at least a $332,000 loss in under 2 years. I think people paid way to much at the Juliano Auction or the market is getting softer on Muscle cars. Wonder how the Mod top that sold for $400,000+ would do now. I am not convinced that all cars that get tagged SOLD are actually SOLD. I don't know what is up with that particular car but that is something to consider. Dave
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Re: Mecum
[Re: Mastershake340]
#2877156
01/20/21 12:26 PM
01/20/21 12:26 PM
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Joined: Feb 2004
Posts: 34,880 S.E. South Dakota !
bigdad
Still Posting A Lot
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Still Posting A Lot
Joined: Feb 2004
Posts: 34,880
S.E. South Dakota !
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what did the 63 Plymouth wagon blue / blue 4 speed sell for ?
The lips of fools bring them strife, and their mouths invite a beating.Proverbs 18:6
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Re: Mecum
[Re: Mastershake340]
#2877204
01/20/21 01:11 PM
01/20/21 01:11 PM
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Joined: Jan 2007
Posts: 410 MA
BH27G1B
mopar
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mopar
Joined: Jan 2007
Posts: 410
MA
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The 71 cuda convertible formerly owned by Juliano is one of his cars Dana bought a few months before he passed. Several of these cars have been reappearing at subsequent auctions after supposedly selling so it would appear Mecum is playing some auction games with them and they aren’t really selling. I agree. Last time it "went" for 1M..then this auction 952K.....It's a nice example, low mileage, and in a good color, but column auto.. Two real bidders would really just have to want to "win" it.
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Re: Mecum
[Re: ChallengerTA]
#2877404
01/20/21 04:49 PM
01/20/21 04:49 PM
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Joined: Oct 2006
Posts: 5,610 Germany
fc7_plumcrazy
master
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master
Joined: Oct 2006
Posts: 5,610
Germany
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Wonder how the Mod top that sold for $400,000+ would do now. real live value 75K$
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