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Steve Todwater Collection Mecum Glendale

The Glendale Mecum Auction is Stacked

That’s right, Mecum Glendale 2021 recorded $42.3 million in sales.

Headlined by the Steve Todhunter Collection, Mecum set a record-high sales total for its Glendale auction.

By The Editors

Wed, Mar 24, 2021 01:33 PM PST

Mecum Glendale 2021 was a smashing success. Held March 18-20 at State Farm Stadium, the auction accumulated $42.3 million in overall sales totals. That’s more than a 14% increase over the first Mecum Glendale auction.

The Steve Todhunter Collection headlined the event with 20 vehicles, 3 of which sold in the top-10 sellers.

A staggering total of 712 of the 829 offered vehicles hammered sold with an 86% sell-through rate. The top-selling car was a 1967 Chevrolet Corvette L88 Coupe (Lot S122.1), which sold for $2.7 million (featured photo). Prior to the auction, the car was expected to fetch millions thanks to an original L88 engine – the holy grail for GM muscle fans.

Steve Todhunter's 2016 Ferrari F12tdf sold for $880,000.

Full report below.

“The success of this auction in only its third year is unprecedented,” Mecum Chief Operating Officer Sam Murtaugh noted. “By exceeding $42 million in sales in only three days, the Glendale, Arizona, event has officially established itself as the third largest auction on the Mecum calendar. The success and continued growth would not be possible without the natural synergy that has developed with our partners at State Farm Stadium and the gracious host city of Glendale. Mecum is excited to compound the momentum in Arizona, and we all look forward to 2022 by making it bigger and better than ever.”

Steve Todhunter's 2006 Saleen S7 Twin Turbo sold for $605,000.

Other notable vehicles to land among the top-10 sellers in Glendale included a trio of Ferraris from the headlining 20-vehicle Steve Todhunter Collection, which sold in its entirety for an overall total of $6.08 million. 

It was a 2016 Ferrari F12tdf (Lot S105) that landed the second seat in top sales at $880,000, followed by a 2011 Ferrari 599 GTO (Lot S103) in third with a $720,500 sale. Todhunter’s 2006 Saleen S7 Twin Turbo (Lot S109) nabbed the fourth spot among top auction sales with a $605,000 price tag.

This Napa Valley Collection 1973 Porsche 911 Carrera RS 2.7 sold for $495,000.

Another main attraction collection in Glendale was the diverse Napa Valley Collection of 18 classic vehicles, which saw a 100% sell-through rate for a total of $2.1 million. 

Four of the collection’s cars broke into the six-figure range with a 1973 Porsche 911 Carrera RS 2.7 (Lot F123) claiming the fifth spot among top auction sales at $495,000 and a 1970 DeTomaso Mangusta (Lot F120) just shy of making the list at $302,500.

Steve Todhunter's 2011 Ferrari 599 GTO sold for $720,000.

The complete top 10 collector-car sales at the Glendale 2021 auction include:

1. 1967 Chevrolet Corvette L88 Coupe (Lot S122.1) at $2,695,000
2. 2016 Ferrari F12tdf (Lot S105) at $880,000
3. 2011 Ferrari 599 GTO (Lot S103) at $720,500
4. 1947 Rolls-Royce Silver Wraith Inskip Convertible at $700,000
5. 2006 Saleen S7 Twin Turbo (Lot S109) at $605,000
6. 1973 Porsche 911 Carrera RS 2.7 (Lot F123) at $495,000
7. 2014 Mercedes-Benz SLS AMG Black Series (Lot S101) at $451,000
8. 2001 Ferrari 550 Barchetta Pininfarina (Lot S106) at $440,000
9. 2019 Porsche 911 Speedster (Lot F104) at $440,000
10. 1970 Ford Mustang Boss 429 Fastback (Lot S114) at $385,000

This article was compiled by the editors of LACar.

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