Mecum Indy 2024

May, 2024

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Mecum’s 37th Spring Classic at the Indiana State Fairgrounds in Indianapolis attracted 3,000 collector vehicles for this annual flagship event.  Like the historic Indy 500 race at the Brickyard, this Mecum Indy auction has become an annual event not to be missed.  Highlights included 1) a special group of Corvettes, one for every year through 1977, starting with the first-year Vette in 1953, 2­) a 1955 Chevy with all bright work plated in 24 karat gold, 3) an unmodified 1966 Shelby 427 Cobra Roadster, which was the last of the initial order of one hundred 427 Cobras, 4) top muscle cars, and 5) several ultra valuable European sport cars and many rare cars, seldom seen much less offered for sale.

Here are the top sales and other highlights of this year’s event.

Top 10 Sales

 

1966 Shelby 427 Cobra Roadster$2,145,000
1965 Ferrari 275 GTB$1,237,500
2012 Lexus LFA$   880,000
1963 Corvette Z06 Split Window Coupe$   687,500
1970 Chevelle LS6 Convertible$   660,000
2023 Ferrari SF90 Stradale$   550,000
1965 Shelby GT350 Fastback$   495,000
1988 Lamborghini Countach$   484,000
1967 Mustang Fastback$   456,500
1955 Chevy Bel Air “Gold Car”$   434,500

Auction Highlights

1955 Chevy Bel Air (Gold Car)

In late 1954 GM was approaching a significant milestone in vehicle production – the company’s 50 millionth vehicle. To mark this occasion, a very special 1955 Chevy Bel Air Sport Coupe was built, which would coincide was a new body style for the upcoming model year.  Its distinguishing feature would be that all brightwork, inside and outside, would be plated in 24 karat gold.  Unfortunately, after celebrating the milestone event, the car was lost.  Then 70 years later, the team at Snodgrass Chevy Restorations recreated in exacting detail this long-lost car, including the full gold planning treatment. See more on the history of GM’s 50 millionth vehicle here.

This was certainly one of the star cars at the auction with a selling price of $434,500.

Early Corvette Years

This auction provided an opportunity to see the evolution of the Corvette from its beginnings in 1953 as a 6-cylinder roadster to a big-block race car.  Here’s the Vette’s journey through its first three generations.

1966 Cobra 427

The original Shelby 427 Cobra is probably the most imitated sport cars of all times.   This 1966 Cobra 427, the top sale of the auction, is one of very few 427 Cobras not to have been modified throughout its life.  Its a number-matching, aluminum-bodied, dual-quad 427 Cobra.  The selling price was $2,145,000.

Top Muscle Cars

Mecum auctions always includes some great Muscle Cars.  Here are some of the Bosses, Hemis, and COPO cars at this year’s sale.

European Sports Cars

There were several European sports cars crossing the auction block at Mecum Indy. Some of the best were the following Lamborghinis and Porches.

Rare and Unique Cars
Show Cars

The auction featured two high-end show cars, both winners of the prestigious “Great 8” award at the Detroit Autorama.  The first car is a 1955 Chevy Bel Air convertible named “Chrome Blues,” built by Snodgrass Chevy Restorations.   It sold for $368,500.

The second show car is a 1965 Mustang fastback, built by Leon Boudreau of Moncton, New Brunswick, Canada.  It received a high bid of $400,000.

Studebaker Golden Hawk

This highly-original supercharged sports car built by Studebaker is one of the most unique sport cars of the era. It sold for $93,500.

1969 Boss Mustang originally purchased by Chrysler

This car was purchased in 1969 by Chrysler and purportedly used to aid in the development of the AAR Cuda and the Challenger T/A.  It sold for $148,500.

2024 Tesla Cyber Truck

With the recent release of the new (and controversial) Tesla Cybertruck, there’s a limited supply available to the general public.  Therefore, for those who don’t want to wait in line to purchase this special truck, its in high demand.  Mecum had two for sale during their Spring auction.   One sold for $126,500 and a second for $134,500.

Photo 2024 Tesla Cybertruck

Cool Cars on the Auction Block

1967 Mustang Fastback Sold for $465,5000

Cuda Time – Six in a Row

2005 Ford GT Received High Bid of $410,000
 

1963 Corvette Split Window Custom Sold for $220,000

1959 Porsche 718 RSK Received High Bid of $3.4 Million

1959 Chevy Impala Convertible Received High Bid of $180,000

All prices on sold vehicles include sales commission.