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. 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 is now one of the worlds largest antique, vintage, and collectible vehicle and motorbike auction companies. Dana Net Worth: Mecum is a wealthy American businessman with a fortune of $45 million. He is a businessman and car collector. Santosh Budha is a freelance writer for Celebdoko. But Mecum isnt just any car guy. (PHOTO: Jason Brant), We get to a lot of business [with our own jet] we wouldnt otherwise get. "The GTOs I am offering are all special cars," Mecum said in the listing. Details about her Age, Family, and Net Worth, Melissa Bumstead Height, Age, Weight, Family, Husband, Brother, Net worth, Why she has been detained? For instance, there's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965. At last year's Mecum Kissimmee collector car auction, company president and founder Dana Mecum proclaimed that the 2023 event would have more than 4,000 vehicles, which felt like an ambitious. Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. 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. However, it is false news and the businessman is still alive. The first few years, I was the only one flying but now my sons are. Our rundown does not include any unofficial sales that may have taken place outside of official auctions. Mrs. Mecum was an office manager. Health Update, Survivor 44: Who Is Carolyn Wiger? Dana Mecum is an American auctioneer and founder of Mecum Auctions, one of the worlds largest auction companies for collector cars. well-known collections. Theyre here for the entertainment. The program features Mecum Auctions founder Dana Mecum and son Frank. You can have a car with a value of $20,000. Everything You Need to Know, Samuel Bower Age, Family, Girlfriend, Brother, Laney Beville Hayes Age, Wikipedia, Kids, Daughter, Net worth, Family, Height, Birthday, Bio, Bachelor in Paradise: Who is Alexa Caves? She landed her first job on MTV in 1992, and since then, she has accomplished a lot. There is one exception to the dress code: president Dana Mecum. 445 S Main St, Walworth, Wisconsin, 53184, United States. Dana Mecum Obituary - Death - Dana Mecum has reportedly passed away unexpectedly.Click to learn more.. He is a true car enthusiast and his passion for the industry shines through in his work. Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. Mecum was the son of Edward Mecum, a well-known fleet dealer. He started his career in the 1970s in the automobile sector as a vehicle salesperson and then as a car collector. Call (262) 275-6888 or email transport@mecum.com Devoted to your passion, because it's our passion too Our Staff Director of Transportation Mike Baker Transportation Coordinator Craig Evans TRANSPORTATION COORDINATOR James Grady Does Dana Mecum Have Cancer? Ive seen it a thousand times: a guy turns down the best offer hell ever get because there arent enough people in the room. Mecum Auctions Inventory, Marengo - IL. In essence, the mecum rule says that if you exceed your reserve, the car is yours. SLRs were extremely rare in terms of production, only 375 of which were built, and they were the most powerful and fastest. He also enjoys collecting vintage cars and motorcycles. 2023 Celebrity Net Worth / All Rights Reserved. Married Shirley Numbers on December 26, 1951; they have been married for 66 years. Dana has turned the Company into a thriving enterprise through determination and genuine love for the industry. So I went back to the guy I traded the trucks to and gave him his houses back and told him he could keep the trucks. Notify me of follow-up comments by email. He came up with the idea of starting the company after falling in love with automobiles and muscle cars. My wife asked me what I was going to do. Owner and operator of Speedway Auto Mall. Im 63 now. Geneva Lakes region in Southeastern Wisconsin. To be sure, Mecum auctions some pricey iron, but the ordinary and even sometimes the ridiculous cross the block as well. For generations of Americans who came of age with octane in their blood, a Mecum event is more than just a car auction; its a bucket-list item. The shortcoming is the age of the consumer. Dana and Patti have four sons, all of whom serve key positions within the Mecum team, and nine grandkids. Leave a sympathy message to the family in the guestbook on this memorial page of William Mecum to show support. Sports . So enjoy what you are buying and know something about it. Dana Mecum is a world-renowned auctioneer who specializes in classic and collectible cars. If were selling a small collection with reserves, we try and arrange it so that the first few cars sell for sure. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. In 2013, Bonhams set a new auction record for the brand, selling a 1954 W196 for $29.6 million. How important has television been to the business? See the age? Health UpdateContinue, Who is Carolyn Wiger? The companies were formed over a nine month period with the most recent being incorporated eight years ago in September of 2014. 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. Over the last five years, weve been selling more collectionspeople with 15, 20, 30 carsand those are the people we are getting to with the plane. At an auction in London, a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe was sold for 114 million. The businessman was born in the year 1954. Even put the N number registration I wanted on itN50LD [for SOLD]. The collection includes some rare, desirable, and low-mileage GTOs. Dana and Patti reside in the Geneva Lakes area of Southeastern Wisconsin. The company has the most auction locations in the United States. However, the businessman has yet to reveal any information regarding his actual birthdate. The businessman was born in the year 1954. Therefore, the above worth, income or earnings statistics may not be 100% accurate. This photo is NOT of his new home! Today, Frank is Mecum's Vice President of Consignments and Dana's right-hand-man on the auction floor as a seller's representative. Mecum and his wife, Patti, have four kids and nine grandchildren. In 2017 alone, Mecum handled 20,000 consignments, generating upwards of $400 million. Age Family And Net WorthContinue, Does Dana Mecum Have Cancer? How much is Dana Mecum worth? Seeing as his father owned a Pontiac dealership, GTOs have been a part of Mecum's life since he was a kid. He is also a massive fan of anime and fictional movies. When you win the highest bid at a mecum auction, the auctioneer will say, So you want to go oncego twiceand then buy to the gentleman! This means that you have met the reserve and that you are free to own the car. 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. Dana Mecum was born in 1954 in Monmouth, Illinois, the son of renowned fleet dealer Edward Mecum. Shirley Mecum Obituary - Death Notice and Service Information Shirley Mecum passed away on August 24, 2020 at the age of 87 in Fontana, Wisconsin. After the death obituary of Danas friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. His enthusiasm for automobile collectibles and muscle cars inspired him to start Mecum Auto Auction, which is presently broadcast on Discovery HD Theater. I first met Ed, Sr., Ed, Jr., and Dana in 1976 when I worked at a bank that Ed, Sr. was involved in. I still have it. 2 Mecum Bidder Badge, at Dana Mecum's 34th Original Spring Classic this May. We now have limitless entertainment [revenue potential] if we can learn to harness it. Mecum Auctions, which has been in business for almost 25 years, had its inaugural auction in 1988 at the Rockford Airport. Would you sign his badge? Mecum cheerfully obliges. Dana Mecum himself has been absent from the last few auctions and no word has leaked as to the reason (s). The Mecum lead auctioneer passed a day before his 60th birthday. Im in the security line for an hour, get pulled out for a pat down in a private room and that takes a while, and finally I get to the gate, where I decide to use mileage to upgrade to first class. [october 2021] Dana Mecum Death | Obituary | Dead | Died | Funeral Plans - It is with great sadness to announce the passing of Dana Mecum. I was a control freak, and around 1999 I got sick and had to let go and let other people do things. Its the guy with the jet with N5OLD on it. Get in touch via the contact form and well give you more details. And Carolyn Wiger is one of the contestants on the show. Owner and operator of Speedway Auto Mall. Today Mecum Auctions is one of. NART spiders were invented by Luigi Chinetti, an Italian who wanted to make a series of open-topped sports cars for the American market. One of the companies is still active while the remaining one is now listed as inactive. 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. So we are going to have a lot of inventory, but are we going to have enough of the kind of inventory the crowd supports as it ages? In Marengo, Illinois, his Father ran a Pontiac business and resold Avis rental vehicles. More than 30 years ago, when Dana Mecum started his eponymous auction company at his dining room table, he might not have pictured the current combination of in-person and virtual bidding, but. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. There are only nine examples left in the world, making it one of the most beautiful and iconic automobiles of the twentieth century. I came up from Tennessee to see this and I told my cousin I wasnt leaving until I shook your hand. The firm, based in Walworth, Wisconsin, is the global leader in the number of collector vehicles presented at auctions, the number of collector cars sold at auctions, and the host of the worlds largest collector car auction, held every year in Florida. It is the worlds largest auction house for antique, vintage, and collectible vehicles and motorcycles, according to the Mecum Auction Company. 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. Because of its success, the company has established itself as a collector car industry favorite. Payments may not arrive until the day following the auction if they are processed via Wire Transfer. The businessman Dana Mecum is a married man. The car was auctioned off for a world record price of $2 million, setting a new record for an auction car. As of the end of 2016, there were approximately 15 thousand cars on the firms inventory, and more than one auction was held each month. MotorTrend Network. Access your favorite topics in a personalized feed while you're on the go. That was part of how I got sick: I was trying to do everything. It is all good for the businessman. Age Family And Net Worth, Meteorologist: Is Joseph Dames Leaving KOIN? Related searches Dana Mecum Family. Under the stage name Chrisean Malone, Chrisean Rock Malone is an American Instagram model, singer, and social media influencer. Mecum was widely reported dead in March 2020, but the billionaire is still alive and well. Copyright 2023. Mecum Auctions, which he started from his dining room table, is a vehicle auction firm he created. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. 1932 Ford Hi-Boy Roadster Spencer II. What are your favorite cars in your personal collection? 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. Immensely. In 2023, Dana Mecum's net worth was estimated to be $45 Million. It's not rocket . Commentators: Scott Hoke, John Kraman, Stephen Cox, Bill Stephens, Katie Osborne, and Townsend Bell. Dana Mecum has been working as a President at Mecum Auction for 35 years. Mecum was the son of Edward Mecum, a well-known fleet dealer. Business Jet Traveler is a publication of AIN Media Group, Inc., 214 Franklin Avenue, Midland Park, NJ 07432. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. The price for the GTO is said to have been the highest ever paid for a car. We think entertainment can be 25 times the size of our regular business. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. In a secret auction held at the brands museum in Germany, one of only two 1955 300 SLR Uhlenhaut coupes sold for $20,000. Its one of the best decisions Ive ever made. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. So I had these 40 and 15 of my own and decided to have an auction. Mecum Auction is part of the Automobile Dealers industry, and located in Wisconsin, United States. The tenants started calling me in the middle of the night to fix this and that.