Two Shelby 427 Cobra Roadsters sold for around $2.5 million as the top results at the Mecum Indianapolis 2019 collector car auction.
The top results at the Mecum Indianapolis collector car auction were for two Shelby Cobra Roadsters: a 1967 Shelby 427 S/C Cobra Roadster achieved $2,860,000 while a 1966 Shelby 427 Cobra Roadster sold for $2,420,000. A 2015 Porsche 918 Spyder Weissach sold for a model record $1,980,000. A 1964 Shelby 289 Cobra Roadster achieved $1,760,000 while two 1970s Plymouth Cuda Convertibles also sold for over a million dollar each.
Mecum Indianapolis 2019 Auction
Mecum earned a record $70.4 million at the 32nd spring Indianapolis collector car auction. A total of 1,189 vehicles were hammer sold at the sale held May 14-19, 2019, at the Indiana State Fairgrounds in Indianapolis.
Sales were topped by two Shelby Cobra Roadsters from the Steven Juliano Estate Collection that sold for $2.86 million and $2.42 million, respectively, with the top-six-selling vehicles at the auction all exceeding the million-dollar mark and five of the top 10 cars boasting ties to the Juliano legacy.
Million-Dollar Cars at Mecum Indy 2019
Mecum sold six cars for over a million dollar at the Indianapolis 2019 collector car auctions held on May 14 – 19, 2019:
|1967||Shelby 427 S/C Cobra Roadster||2,860,000|
|1966||Shelby 427 Cobra Roadster||2,420,000|
|2015||Porsche 918 Spyder Weissach||1,980,000|
|1970||Plymouth Hemi Cudy Convertible||1,980,000|
|1964||Shelby 289 Cobra Roadster||1,760,000|
|1971||Plymouth Cuda Convertible||1,155,000|
Million-Dollar Shelbys at Mecum Indy 2019
Shelby Cobra prices have been weaker at recent auctions with several trading for below a million dollar or failing to reach reserve prices. However, Mecum offered four Cobras from the Steven Juliano Estate and achieved some strong results.
The four Cobras are considered best-of-breed examples and are amongst the most authentic and correct Cobras in the world:
- The 1967 Shelby 427 S/C Cobra Roadster, chassis CSX3042, sold for in-estimate $2,860,000. It is one of 27 original factory 427 Semi-Competition Cobras produced. It was originally delivered new to Grappone Ford in New Hampshire and only sold on to a private buyer in 1982.
- The 1966 Shelby 427 Cobra Roadster, chassis CSX3173, sold for top-of-estimate $2,420,000. It is another highly original example and one of 260 produced.
- The 1964 Shelby 289 Cobra Roadster, Chassis CSX2416, sold for $1,760,000. It is the only factory Stage III Street Cobra 289 ever built.
- The 1965 Shelby Factory Stage III 289 Cobra Dragonsnake received an unsuccessful highest bid of $1,400,000 – the estimate was $1,750,000 – $2,250,000.
2015 Porsche 918 Weissach at Mecum Indy 2019
Porsche 918 prices have been markedly lower at recent sales, after record prices were paid in 2017. However, Mecum sold a 2015 Porsche 918 Spyder Weissach for a model record $1,980,000 at the Indianapolis 2019 sale. The previous model record was $1,842,5000 paid at the RM Sotheby’s Monterey 2017 sale.
The 2015 Porsche 918 Spyder Weissach sold by Mecum was the 712th of 918 produced and had 999 miles on the clock. In contrast, earlier in the year, at the 2019 Amelia Island sale, Gooding achieved only a very low $1,490,000 for Jan Koum’s Weissach Spyder with only 40 miles on the clock.
Plymouth Cuda Convertible at Mecum Indy 2019
Mecum sold two Plymouth Convertibles for over a million dollar at the Indianapolis 2019 collector car auction:
- A 1970 Plymouth Hemi Cuda Convertible sold for $1,980,000. It is one of only 14 produced in 1970 and one of only nine with automatic transmission.
- A 1971 Plymouth Cuda Convertible sold for $1,155,000. It is one of 17 6 BBL Cudy Convertibles produced in 1971 and one of only 12 with automatic transmission. It was formerly in the Steven Juliano Collection.