His company auctions more collectible autos than any other in the world at 14 annual events across the U.S., including a monster 3,000-car, 10-day, $100 million extravaganza each January in Kissimmee, Florida. Dana Mecum is known for Mecum Dealmakers (2014), Mecum Auto Auctions: Muscle Cars & More (2008) and Chasing Classic Cars (2008). He takes a floor-level seat on the auction block and the customers begin approaching. We went to check out a collector car mega auction (and ended - Autoweek In todays marketplace, the restorer comes into it as well. Every year, it hosts the worlds largest collector car auction in Florida. As of this writing, 1,382 of these vehicles were sold (as of writing). Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. Over the last 60 years our prices have gone up for four or five years, then theyve stabilized, then theyve gone down for a few years, then theyve gone back up [to a new high]. Dana Mecum Obituary - Death - Dana Mecum has reportedly passed away unexpectedly.Click to learn more.. Dana Mecum is currently the President and CEO of Mecum Auctions, Inc. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. Without TV, not only would we not have grown, we might not have survived. The selection of cars eight Pontiac GTOs spanning from 1964 to 1970 will cross the auction block at Mecum's Indianapolis sale from July 10 through July 18. On January 22 and 23, his whole collection will be sold by Mecum Auctions at the museum in Punta Gorda, Florida, which is about 100 miles south of Tampa. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. He always tanks up where fuel is cheap. Since 2013, all of these high-end cars have been auctioned, demonstrating how popular the market for these expensive and desirable vehicles has become. The Ultra couldnt make trips to the West Coast without stopping for fuel. In 2013, Bonhams set a new auction record for the brand, selling a 1954 W196 for $29.6 million. After the death obituary of Danas friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. Look out there [at the audience]. "Some of them I have owned multiple times. Note: VirtualGlobetrotting is an entertainment website is and is not associated Mecum and his wife, Patti, have four kids and nine grandchildren. Mecum asked for $500,000 because that's how much debt he had. People Given name. His money was earned as a result of his enthusiasm for automobiles. Edward G. Robinson was a Romanian American actor who had a net worth equal to $100 million at the time of his death after In 2023, Edward G. Robinsons net worth was estimated to be, Sierra Capri is an American actress who has a net worth of $1 million. According toCelebrity Net Worth, Dana Mecum has an estimated net worth of about $45 million. He has an estimated net worth of $100 million. In essence, the mecum rule says that if you exceed your reserve, the car is yours. Geneva Lakes region in Southeastern Wisconsin. Obituary. For 15 years, Mecum soldiered on without making a profit, plowing his earnings from another automobile business into the auction company to keep it afloat. Our core business has always been sales commissions. Three bidders competed for the car for ten minutes over ten minutes, eventually bidding $48,405,000 for it. Submit a correction suggestion and help us fix it! Since its start, Mecum Auctions has become one of the worlds largest and most regarded collectible automobile auction houses. The first few years, I was the only one flying but now my sons are. Whats the most expensive car youve sold? Background Report for Dana Mecum The 2022 Mecum Auto Auction season kicks off Wednesday, January 12 in Kissimmee, Florida. Mecum was the son of Edward Mecum, a well-known fleet dealer. It's not rocket . Position: Founder/president, Mecum Auctions, Transportation: 1999 Cessna Citation Excel. A good example is Duesenbergs. Sprawling Shingle Style Car Enthusiast's Lake House by Lowell Custom Notify me of follow-up comments by email. The residence spans more than 33,000 square feet and houses an impressive car collection. Health UpdateContinue, Who is Carolyn Wiger? What made you decide to buy the Ultra? Dana and Patti have four sons, all of whom serve key positions within the Mecum team, and nine grandkids. Mecum is known for his enthusiastic style and catchphrases, such as Bring a trailer! and Fair warning!. Family Explored, Dana Mecum is a wealthy American businessman with a fortune of, What Is Wrong With Davina Mccall Face: Plastic Surgery Before And After, Who Is Megan Barton Hanson Girlfriend Demi Sims? Has four children, nine grandchildren. Francis Warren Bloom Obituary - Tribute Archive This German racer was the highest-bid entry in the competition, coming in higher than the second-place Ferrari 250 GTO. Dana Mecum Bio, Height, Weight, Profile, Net Worth. Specialties: The Mecum Auction Company is the world leader of collector car, vintage and antique motorcycle, and Road Art sales, hosting auctions throughout the United States. The tenants started calling me in the middle of the night to fix this and that. It took Mecum over 15 years without seeing a profit to find success with the auction company. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. Dana Mecum is an American businessman who has a net worth of $50 million. Recently news about the businessman Dana Mecum surfaced on the internet. Press J to jump to the feed. Leadership Lessons From the CEO of the Largest Car - Entrepreneur He rapidly recognized an absence of trustworthy and skilled auction houses for collectible automobiles and launched Mecum Auctions in 1988. Weve got nine grandkids, and we like to go places. Location. He said he had one for me. To be sure, Mecum auctions some pricey iron, but the ordinary and even sometimes the ridiculous cross the block as well. The price for the GTO is said to have been the highest ever paid for a car. I bought it. They live in the Geneva Lakes region in Southeastern Wisconsin. Dana made money as the creator of Mecum Auctions, an automobile auction firm. Dana Mecum Net Worth $45 Million Lists Ranked On Richest Businessmen Statistics Source of Wealth: Mecum Auction Birth Place: Monmouth, Illinois Marital Status: Married (Patti) Full Name: Dana Mecum Nationality: United States Date of Birth: 1954 Ethnicity: Caucasian Occupation: Businessman About Dana Mecum with this post, location or person. He'll be back on the block May 17-21 when Mecum stages its 29th annual Original Spring Classic sale at Indianapolis. Every time the prices go up, what is considered investment grade gets thinner. Dana Mecum Wiki Biography Dana Mecum is an actor, known for Mecum Auto Auctions: Muscle Cars & More (2008), Mecum Dealmakers (2014) and Chasing Classic Cars (2008). Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Kathlyn Wilkins: Who Is She? Career Earning And Net Worth, What Is Claude Littner Illness? By Andrea Reiher. A Mercedes is not only one of the top ten most expensive cars ever sold, but it is also the most expensive car ever made. Fortunately, we started on TV at the same time so overnight we rolled from 80 to 90 percent of customers being dealers to 80 to 90 percent being the end consumer. So I had these 40 and 15 of my own and decided to have an auction. Ive seen it a thousand times: a guy turns down the best offer hell ever get because there arent enough people in the room. (PHOTO: Jason Brant), We get to a lot of business [with our own jet] we wouldnt otherwise get. It took me two hours to drive to the airport. In March 2020, Mecum was widely rumored to be dead, however, the businessman is still very much alive. See the age? The world's largest GM muscle car museum auctioning off its cars - Autoblog Dana and Patti presently reside in Southeastern Wisconsins Geneva Lakes region. After purchased by Dana Mecum, the car went under the knife for a Concours-worthy three-year restoration mechanically and cosmetically by Harley Cluxton III. The main thing is making people happy. They have nine grandchildren. Mecum Legend Mark Delzell Passes Away - Yahoo Autos Breaking News - MotorTrend Group and Mecum Auction, Inc. Create a Multi How important has television been to the business? anonymously (anonymous users cannot post links). Obituary. After a long and gratifying life, Paul passed in October 2020 at age 88. You can have a car with a value of $20,000. Mecum, a businessman, was recently featured on the internet. Thats a big concern. Dana Mecum was born in Monmouth, Illinois, in 1954, and raised in California. At one point, someone offered to buy him out. Lot F140. The entrepreneur is alive and well. 1959 Porsche 356A Convertible D. Coachwork by Drauz. We sold Steve McQueens Porsche for $2 million. The Mecum Auction Company is the worlds largest auction house for antique, vintage, and collectible cars and motorcycles. But I couldnt get my head around the expense. It unfortunately ended in disaster when the auction was hit by a freak storm that included 90mph winds. And I dont have to fly the chicken and pig express [the airlines]. Mecum Auto Auction, which is currently televised on Discovery HD Theater, was founded by his passion for vehicle collectibles and muscle cars. RM Sothebys was the only firm to sell it at that time for such a high price. Dana Mecum was born in 1954 in Monmouth, Illinois, the son of renowned fleet dealer Edward Mecum. Mecum Auctions, which he started from his dining room table, is a vehicle auction firm he created. To him, youre a fellow car guy, and thats all that matters. Dana Mecum is a member of Richest Businessmen Age, Biography and Wiki Net worth: $45 Million (2023) It's owned by American businessman and owner of Mecum Auctions, Dana Mecum and wife, Patti. Despite widespread speculation that Mecum had died, he is still alive and well. Mecum Auctions Inventory, Marengo - IL. Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. After the death obituary of Dana's friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. Private family services are planned at a later date. Our rundown does not include any unofficial sales that may have taken place outside of official auctions. I watch you on TV all the time, says a third attendee. Save my name, email, and website in this browser for the next time I comment. Dana Mecum is a world-renowned auctioneer who specializes in classic and collectible cars. I was looking at King Airs, but a friend told me I should really be looking at a jet. To help you budget for your trip next January, let's take a look at the various costs associated with Mecum's 2019 Kissimmee sale. Ive told the other consignment guys, if they have a quick deal and other things to do, use the plane. Warren married Aletta "Letty" Rothrock on March 28, 1955. He is wearing a yellow company shirt and matching baseball cap, but otherwise looks much like the 10,000 customers who will attend this weekend event. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. Gregg Kunes' house in Fontana-on-Geneva Lake, WI Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. With an annual inventory of around 15 thousand automobiles, the business now runs more than one auction every month. Dana Mecum has been associated with two companies, according to public records. Edward L. Mecum, 85, of Rockford passed away Saturday, December 9, 2017. She was featured in the media after a video of her and, Read More How Did Chrisean Rock Have A Miscarriage? Copyright 2023. He has now turned the company into a thriving enterprise through patience and great enthusiasm for the industry. Value depends on desirability, quality, and then rarity and who owned the car. He is also the founder of Mecum Auctions, one of the largest car auction houses in the United States. Holidays in Greece - Mediterranean-Jet Travel & Tourism DMC Dana Mecum Net Worth | TheRichest The businessman is alive and healthy. The company is headquartered in Walworth, Wisconsin, and is tops in the world for the number of collector cars offered at auctions, the number of collector cars sold at auctions, and the host of the largest collector car auction, which takes place every year in Florida. He started his career in the 1970s in the automobile sector as a vehicle salesperson and then as a car collector. Dana Mecum Net Worth His father had a Pontiac dealership in Marengo, Illinois and later resold Avis rental cars, becoming the nations largest fleet dealer before getting wiped out by high interest rates in the 1980s and later recovering. Leave a sympathy message to the family in the guestbook on this memorial page of William Mecum to show support. Davina has had a successful career as a presenter. The global business may be the worlds largest antique, classic, and collector car auction company. Mecums net worth is primarily generated from his Mecum Auction vehicle auction business. His money was earned as a result of his enthusiasm for automobiles. We are made to know about this on October 19, 2021. Today, Frank is Mecum's Vice President of Consignments and Dana's right-hand-man on the auction floor as a seller's representative. Because of its success, the company has established itself as a collector car industry favorite. Dana, a businessman, is married. Dana Mecum is a wealthy American businessman with a net worth of $50 million. This surpassed the previous record-breaking price of $48.4 million for a 1962 Ferrari 250 GT, which was set last year. At Schaumburg, you could have bid on a 1996 Ford F-150 pickup or, for you ice hockey aficionados, a 1992 Zamboni. For instance, there's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965. I still have it. Dana Mecum is an American businessman who has a net worth of $50 million. She is best known for starring as Monse Finnie on the In 2023, Sierra Capris net worth was estimated to be, Daniella Monet is an American actress, singer, and dancer who has a net worth of $3 million. We get most of the single-car consignments from television and internet exposure but the plane helps us get to the collections and that helps increase our bottom line. What is known is that Mecum is still in charge of his Company and is active in the collector vehicle sector. Dana Mecum (PHOTO: Jason Brant), Ive seen it a thousand times: a guy turns down the best offer hell ever get because there arent enough people in the room.. Shirley Mecum Obituary - Death Notice and Service Information Shirley Mecum passed away on August 24, 2020 at the age of 87 in Fontana, Wisconsin. This photo is NOT of his new home! 1) at $1,210,000. Mecum Auctions 88.6K subscribers Subscribe 11K views 10 years ago Dana and Patti Mecum celebrate Mecum Auction's 25th. He is a well-known figure in the collector car world and is a regular on the hit TV show, Storage Wars. Mecum Auctions is one of the largest auction companies in the world and specializes in collector cars. A 1965 Ford GT Competition Prototype Roadster will cross the auction block on July 11 during Mecum's Indy 2020 sale, and it's expected to rake in $7.5 million to $10 million. At Mecum Auctions's Dealership you can have a look at brands such as Buick, Cadillac, Chevrolet, Dodge, Ford, Kia . Fans, please take into consideration that we didn't break into Dana Mecums bank accounts. Shirley Mecum Obituary - Death Notice and Service Information SLRs were extremely rare in terms of production, only 375 of which were built, and they were the most powerful and fastest. Obituary for Edward L. Mecum We welcome all corrections and feedback using the button below. Recently, Mecum decided to sell his Ferrari Enzo, and the car went for an impressive $3.3 million at auction. They have four sons all of whom are active members of the Mecum team. I came up from Tennessee to see this and I told my cousin I wasnt leaving until I shook your hand. From the Paul Jones Estate - Mecum Bidder #2 at Indy 2021 Dana Mecum - President - Mecum Auction | ZoomInfo I used to fill the seats when we would go to an auction for economy but I got past that. Copyright 2000-2023 Mecum Auction, Inc. All rights reserved. 1965 Shelby 289 Cobra CSX2588. Sure, you think of the extra business you can get to with a plane, but nothing beats just getting home every night. Two-Time Grand National Roadster Show Class Winner. Dana Mecum Death Hoax Debunked: Is He Dead Or Alive? Mecum Auctions pays the seller whenever the buyer confirms payment to the seller. However, the businessman has yet to reveal any information regarding his actual birthdate. Rare 1965 Ford GT Competition Prototype Roadster Headed To Mecum Dana Mecum, founder/president, Mecum Auctions (Photo: Jason Brant), The era I come from, everyone had gas and oil in their veins. This auction house is ranked first in the world in terms of collector car auction results and consignors. Mecum Kissimmee: the industry's largest auction just keeps expanding Judge: Deal requiring 14 percent cut for Lake Geneva home architects Shirley Jean Mecum, 87, of Fontana, WI, passed away on Monday, August 24, 2020, at home due to natural causes. Dana and Patti Mecum Celebrate 25 Years of Mecum Auctions! Does Astrologer Have Moglie Or Fidanzato? Mecum was the son of Edward Mecum, a well-known fleet dealer. Mecum Auctions returns to Kissimmee with 4,100 cars in largest event Dana Mecum Age And Wiki. The collection includes some rare, desirable, and low-mileage GTOs. The cast for the upcoming season of Survivor has been updated. Known for its thundering V-twins, Harley-Davidson also produced lesser-known lightweights, The sport is as old as the machines with which it was initially created, The Daytime Auction this August to welcome a pair of prewar Harley-Davidson El Knuckleheads, The no-reserve Joe Spagnoli Collection offers a glimpse into Oldsmobiles high-performance playbook, Two-wheel treasures of the Eddie Vannoy Collection, Patriotic bicentennial tractor to cross the block at Gone Farmin Spring Classic. Megan Barton Hanson is a television personality, social media influencer and professional model. Business Jet Traveler is a publication of AIN Media Group, Inc., 214 Franklin Avenue, Midland Park, NJ 07432. 0 Comments. The Car LeBron James Drove In High School Is Being Auctioned For More Than $100,000, Take A Look At This 1957 BMW 507 That's At $1.6 Million (And Counting) In An Online Auction. Take a closer look at the cars below. He also enjoys collecting vintage cars and motorcycles. Mecum in recent years has also branched out into motorcycles, collectible farm tractors, and road art, the former two driving their own events. Whats the rarest car youve auctioned? 1932 Ford Hi-Boy Roadster Spencer II. What are your favorite cars in your personal collection? Family mourns death of Volo Auto Museum co-founder Bill Grams Premium Powerups Explore Gaming. His wifes name isPattiMecum. Dana (surname) Dana family of Cambridge, Massachusetts . Money isnt as important as quality of life. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Mecums net wealth is largely derived from his car auction enterprise, Mecum Auction. My first one was a Rex Mays Gilmore Special that was on the pole at Indy in 1935 and 1936. Dana Mecum is currently 67 years old in the year 2021. Bill Grams, who co-founded Volo Auto Museum with his brother, Greg, in 1960, died of a heart attack Tuesday. Edward enjoyed racing cars, and did so . They have four boys, all of whom are active Mecum team members. His family fortune was founded by his company, Mecum Auctions, which auctioned off automobiles. They have nine grandkids between them. 445 S Main St, Walworth, Wisconsin, 53184, United States. Considered one of the best collections of . The Mecum Auction Company is now the largest antique, vintage, and collector car and motorcycle business in the world. Mecum was widely reported dead in March 2020, but the billionaire is still alive and well. I first met Ed, Sr., Ed, Jr., and Dana in 1976 when I worked at a bank that Ed, Sr. was involved in. Mecum asked for $500,000 because thats how much debt he had. In a secret auction held at the brands museum in Germany, one of only two 1955 300 SLR Uhlenhaut coupes sold for $20,000. Lot S99. Interior details of the main . The selection of cars eight Pontiac GTOs spanning from 1964 to. Hey, Dana, I brought my nephew, says one. They tell me I owe $5.43 tax but they wont let me pay them. Here lets get to know everything about Dana Mecums death hoax debunk, many wonder if the businessman is dead or alive in 2021. Around The Town Tuesday - Disaffected Musings Dana Mecum's 34th Original Spring Classic boasts 2,500 classic and collector cars that will be shown, sold and drooled over. So thats a challenge going forward. Dana - Wikipedia People are curious to know about his health as he was widely reported dead in March 2020. Dana Mecum Death Hoax Debunked: Is He Dead Or Alive? Dana Mecum is a wealthy American businessman with a fortune of $50 million. What advice would you give a first-time buyer? Behind the Scenes of Mecum, Today's Largest Automotive Auction Edward Mecum was the nations largest fleet dealer until the 1980s when excessive loan rates wiped out his firm. Hanson also gathered many, Read More Who Is Megan Barton Hanson Girlfriend Demi Sims? Dana is the president and founder of Mecum Auctions, launching the company from his kitchen table with the help of his wife, Patti, and a few close friends back in 1988. We now have limitless entertainment [revenue potential] if we can learn to harness it. We get to a lot of business we wouldnt otherwise get because of the time factor. William Mecum Obituary (1948 - 2022) | Horseheads, New York Their new business model was housing their cars in low-cost warehouses and bringing them to public auction. View complete used cars for sale by Mecum Auctions's with exact details and Reviews exclusively here.Call us on 815-568-8888 to see if the they have in stock what you looking for.. Mecum Auctions Location at 950 Greenlee Street, Marengo. Lynda Lea Mecum Obituary - Grand Junction, CO His enthusiasm for automobile collectibles and muscle cars inspired him to start Mecum Auto Auction, which is presently broadcast on Discovery HD Theater. 2 Mecum Bidder Badge, at Dana Mecum's 34th Original Spring Classic this May. Sports . Dana Mecum, the founder and president of Mecum Auctions, is selling off a handful of stunning, low-mileage muscle cars from his personal collection next month. Dana Mecum's GTOs will cross the auction block during Mecum Auctions' Indianapolis sale, which will take place from July 10 through July 18. Mecum Auctions - 445 S Main St, Walworth, WI 53184 - BusinessYab How Did Chrisean Rock Have A Miscarriage? One aspect distinguishing Mecum Auctions from other auction houses is its emphasis on transparency and client care. Im 63 now. But every time they go higher, the lane gets thinner. At one point, someone offered to buy him out. In 2008, before the banking debacle, 80 or 90 percent of our business was car dealers who would buy from us and then resell from little retail lots and in trader magazines. Personal: Lives in Lake Geneva, Wisconsin, with wife Patti.
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