Today, he is Mecums consignment director and his fathers right-hand-man on the auction floor, where he serves as a sellers representative, instrumental in closing the big deals and getting both the buyers and sellers where they want to be. For each vehicle, provide payment information (credit card). The auction house competes with Barrett Jackson, but Mecum says it is ranked number one in the world with number of collector cars offered at auction and number of collector cars sold at auction. Notify me of follow-up comments by email. Chevy? While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Remember, a bid is a binding contract. 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. This business depends totally on the trust and confidence of the collector community and they're. Let's take a look at what it means to be a low-cost car at a Mecum auction. Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Dana Mecum is the CEO of Mecum Auctions, one of the industrys most well-known collector car auction companies. Marcus Mecum , 47. His enthusiasm for automobiles earned him money, as did his desire to own a car. The film depicts Kenneth Feinberg 's handling of the September 11th Victim Compensation Fund. Frank said that his grandfather owed so many people money after that auction that he had to do it again the next year. His father Dana Mecum established Mecum Auctions when Frank was just 6 years old and hes been slapping Sold stickers on cars since he was 8 years old. star. In turn, Dana and his wife raised Frank and his three brothers, all of whom are now in the car auction business. Buying a used vehicle from an auction can be much cheaper than buying from a dealer or a private seller, but its also a much riskier way of buying a used car. Manage Settings "I started in the automotive business selling new Pontiacs with my dad," Mecum said, "so the brand has always been special to me. Links: www.mecum.com. Online shopping results for frank mecum net worth, A wide set of results from academic papers, Frank Mecum shares his view from the auction block. See full bio More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro Biography Awards Photo Gallery Filmography (by Job) Trailers and Videos Explore More Known For Mecum Dealmakers Frank Mecum 2014 Chasing Classic Cars Self 2012 Hide all | | Edit Submit a correction suggestion and help us fix it! Dana Mecum is an American businessman who has a net worth of $50 million. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Summary of the Consignment Process Fill out an online auction position request form for each vehicle you want to sell (as shown above). This particular collection features a variety of Pontiacs that are rare in both . Rock-and-roll legend Jerry Lee Lewis consigned a 57 Harley-Davidson that was given to him by the motorcycle manufacturer. They also ramped up the streaming ability so its more up-to-the second; before January, online bidding experienced delays that were up to 30 seconds, which can be a big problem during a live auction. K&F Show #111: May Bonus Show The Last AJ Thrasher Built General Lee, K&F Show #204: Dukes of Hazzard S6E18 Review How to Succeed in Hazzard, K&F Show #175: Hollywood License Plates; Dukes of Hazzard S5E22 Review Daisys Shotgun Wedding. He officially joined the auction team in 2000 and by 2003 was on the auction floor working as a bidders assistant. Patti Mecum is his wifes name. Dana Mecum Death - Dead | Passed Away | Obituary Dana Mecum Death - Dead: A great loss was made known to InsideEko.As friends and families of the deceased are mourning the passing of their loved and cherished Dana Mecum. Mecum's passion for collector cars meant it had to have plenty of garage space and not just any kind of garage space; he went with a fieldstone, multi-car, show garage with glass garage doors, porcelain flooring and a rooftop swimming pool. Net Worth: $45 Million. Those cars were supposed to be dead 20 years ago. All walks of life come to our auctions that have grown more and more into car people social events. We are lucky to have loyal employees that have good attitudes. He made a fortune as a result of his love for cars. An upgraded online sales platform added in January has been saving its bacon. Dana Mecum is not available on any social media platforms to date. The surprising part to me is not the 21- and 23-window VWs, its the other buses that are now starting inch up into six figures. Being an auction guy I have never just flown one flag. Hint theres a General Lee jump! Their Terminator Stealth system on my General Lee is killing it. Lot F71 1970 Dodge Challenger Convertible. It is an approximate forecast of how rich is Alex Mecum and could vary in the range between $719.2K - $1.8M. After the auction has started, Daily tickets purchased online are $30 each. The 6 Most Expensive Vintage Cars In The World, Forgotten Vintage Cars Found In Barn Sell For BIG Money. Fortunately, the company made a big investment in its online auction platform in January, which turned out to be a saving grace. Im actually a laid back, very friendly guy. Mecum will assign lot numbers after reviewing your request for positions. Frank Mecum is known for Mecum Dealmakers (2014) and Chasing Classic Cars (2008). Of course this was at an auction and he was defiantly hooked. There is a custom fieldstone show garage with glass garage doors, porcelain flooring and a rooftop swimming pool and pool house. Third, probably an old station wagon of some kind. 5 How much do Barrett-Jackson Auctioneers make? Mecum Auctions opens its 2019 calendar with its annual visit to Kissimmee, Florida, scheduled for January 3-13 with more than 3,000 vehicle expected to cross the block. Sean Kiernan, who sold the iconic Bullitt Mustang last week for 2.6 million has confirmed that the cars new owner will not restore it. 36. A. Are you a Ford guy? 36. 11 Jun 2022. This led to many Ford documents being stored in the NPD warehouse, and Rick recounted that an NPD truck actually dropped them off when Marti joined the picture. If you havent been to one of our events, put it on your bucket list. If I wasnt I wouldnt survive in this business very long. Russo guessed that it was worth $70,000, in parts. John Mecom owns over 16,000 units of Service International stock worth over $7,966,104 and over the last 18 years John sold SCI stock worth over $1,750,422. Is there an end in sight for the collector vehicle market? It has changed quite a bit since pencil and paper, but the auctioneers cadence remains the same. https://www.capitalautoauction.com/blog/top-5-tips-on-how-to-score-a-gem-at-an-online-car-auction, https://barrettjacksonvip.com/blog/why-barrett-jackson-is-the-best-collector-car-auction-in-the-country, https://www.classic-car-auctions.info/record-prices-expensive-car-marques-public-auctions/, https://www.liveabout.com/how-online-auctions-work-940780, https://www.corvetteblogger.com/2013/02/01/mecum-vs-barrett-jackson-by-the-numbers/, https://carbuyingandselling.com/buying-a-car-at-auction-pros-and-cons/, https://www.ebay.com/help/buying/bidding/bidding?id=4003, https://en.wikipedia.org/wiki/Manheim_Auctions, https://www.dakil.com/auction-101/how-do-car-auctions-work, https://m.facebook.com/mecumauction/photos/mecum-rule-if-you-raise-your-own-bid-to-meet-the-reserve-the-car-is-yours-1968-f/881655435192145/, https://www.myadvo.in/blog/online-auction-and-bidding-in-india, https://www.mecum.com/collector-cars/how-to-sell/, https://monthly.mecum.com/bio/dana-mecum/, https://www.celebritynetworth.com/richest-businessmen/dana-mecum-net-worth/, https://carsyeah.com/ourportfolio/1590-frank-mecum/, https://www.thebalancesmb.com/understanding-the-ebay-auction-automatic-bidding-system-1140186. Employees average Mecum Auctions salary is $88,850 per year. 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. I can honestly identify with all collectors. You have entered an incorrect email address! Dana Mecum Dana Mecum net worth is $45 Million. The big tell that the GT500 wins the horsepower war is the trap speed at the end of the race, where the GT500 will be going in excess of 130 mph; the fastest GT350 weve tested was traveling 119.6 mph. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. It will be interesting to watch this trend grow. Craig Jackson was born and raised in Arizona, where he grew up around cars. Sure, its a business, but we work with a lot of sharp, interesting people. Lot S68 1970 Chevrolet C10 Cheyenne Pickup. How many online sales are there in 2020? I asked Frank about the ins and outs of selling at auction and what makes Mecum different than other auctions. A. The official Facebook page of Mecum Auctions, the world's largest collector car auction company. A. When you bid on an item in an auction, youre committing to buy it if you win. . Answer. Below the bidding box, youll see the text Enter (some amount) or more. This amount is the current minimum bid; you must enter at least this amount if you want to bid. The Wellborns will offer select vehicles at Kissimmee 2020, and the assemblage truly embodies the meaning of "muscle.". The entire family is heavily involved in the business. I grew up an auction car guy. 427 Competition Cobra. How do you reserve parking at Yankee Stadium. We love that, keep this thing going and enjoy a car you have always wanted. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. In 1971, his father and Tom Barrett co-founded the Barrett-Jackson Collector Car Auction. Dana Mecum Bio, Height, Weight, Profile, Net Worth, Jennifer Sebasigari Biography, Age, Height, Husband and Net Worth. Frank Mecum is the Consignment Director at Mecum Auctions. Mark Delzell, who has been working for the company for 33 years and has missed only two auctions, says its like a shot of espresso and gives you an adrenaline rush when the price ratchets up. He also manages their consignment of over 15,000 automobiles annually. 18ms. Being involved with charities like Curing Kids Cancer is super important to Mecum, too. But if you bid and win, youll pay a 10 percent buyers premium on your purchase, with a $1,000 minimum. What happens when you have 2 vision plans? He amassed his fortune thanks to his passion for cars. Frank Sinatra was American musical superstar who had a net worth of $200 million. Buying a car at an auction works like any other aspect of an auction. Both were launched in 1967, both are made by Shelby, and both carry the Super Snake moniker. Holley is the official EFI source for Kibbe and Friends and is the PROUD sponsor of this episode! Where is Dana Mecum? Do collector motorcycles and cars attract the same enthusiasts? Mecum Auctions founder to sell his collection of Pontiac GTOs Dana and Patti Mecum Celebrate 25 Years of Mecum PARDO v. MECUM AUCTION IN | No. How much does it cost to sell at Mecum? Frank is the only one trusted to know." For each vehicle, provide payment information (credit card). How much do Barrett-Jackson Auctioneers make? In 2023, Dana Mecum's net worth was estimated to be $45 Million. Auctions are general admission (festival seating) and seats are available to Daily Ticket holders strictly on a first-come, first-served basis. Menu. Mecum will assign lot numbers after reviewing your request for positions. Come join the club. 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