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Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. All rights reserved. Dana was born in 1954 in Monmouth, Illinois, the son of renowned fleet dealer Edward Mecum. Dana Mecum has been working as a President at Mecum Auction for 35 years. Edward Mecum became the nation's largest fleet dealer until the 1980s, when high-interest rates temporarily wiped out his business. It is, however, incorrect information, and the businessman is still alive. I first met Ed, Sr., Ed, Jr., and Dana in 1976 when I worked at a bank that Ed, Sr. was involved in. They tell me I owe $5.43 tax but they wont let me pay them. 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. Dana Mecum's 34th Original Spring Classic boasts 2,500 classic and collector cars that will be shown, sold and drooled over. Our rundown does not include any unofficial sales that may have taken place outside of official auctions. Press question mark to learn the rest of the keyboard shortcuts. But every time they go higher, the lane gets thinner. Their new business model was housing their cars in low-cost warehouses and bringing them to public auction. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. The companies were formed over a nine month period with the most recent being incorporated eight years ago in September of 2014. Service Details. Megan Barton Hanson is a television personality, social media influencer and professional model. Friday marks the start of Dana Mecum's 33rd Original Spring Classic 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. Recently news about the businessman Dana Mecum surfaced on the internet. "He comes up with ideas and we implement them," said Gerdes. Shirley Jean Mecum, 87, of Fontana, WI, passed away on Monday, August 24, 2020, at home due to natural causes. 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. How did you get into this business? He made his riches as a result of his enthusiasm for automobiles. Davina has had a successful career as a presenter. He has been on TV for years, talking about peoples zodiac signs and, Read More Is Paolo Fox Gay? The shortcoming is the age of the consumer. Health UpdateContinue, Who is Carolyn Wiger? Mecums net wealth is largely derived from his car auction enterprise, Mecum Auction. Even put the N number registration I wanted on itN50LD [for SOLD]. We have 130 in the home office now. The ex-works Ferrari 290 MM was auctioned off in New York City for $35 million. Access your favorite topics in a personalized feed while you're on the go. Follow us till the end to find it all out. Dana was born in 1954 in Monmouth, Illinois, the son of renowned fleet dealer Edward Mecum. We mourn with the family of Dana Mecum for this great loss. Today is Mark Delzell's 60th birthday, and he sadly passed away yesterday at 59. IMDB Wikipedia $45 Million 1987-12-03 Actor Brooklyn Dana Mecum Dana Mecum Net Worth New York U.S. Dana Mecum Quick Info Dana Mecum Filmography Dana Mecum himself has been absent from the last few auctions and no word has leaked as to the reason (s). Submit a correction suggestion and help us fix it! Mecum Auctions is now one of the worlds largest antique, vintage, and collectible vehicle and motorbike auction companies. I was on a customers Falcon 7X a few weeks ago, and that was really nice. Edward L. Mecum, 85, of Rockford passed away Saturday, December 9, 2017. He started his career in the 1970s in the automobile sector as a vehicle salesperson and then as a car collector. $65 Million Supercar Collection Up For Bid! Despite widespread speculation that Mecum had died, he is still alive and well. See the age? And I dont have to fly the chicken and pig express [the airlines]. He came up with the idea of starting the company after falling in love with automobiles and muscle cars. "The GTOs I am offering are all special cars," Mecum said in the listing. They have four boys, all of whom are active Mecum team members. Im 63 now. I came up from Tennessee to see this and I told my cousin I wasnt leaving until I shook your hand. Dana Mecum started his company, Mecum Auctions, while sitting at his dining room table. Dana and Patti have four sons, all of whom are important members of the company. So I learned a great lesson from that. Dana, a businessman, is married. I was looking at King Airs, but a friend told me I should really be looking at a jet. Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. The businessman is alive and healthy. 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 was born in Monmouth, Illinois, in 1954, and raised in California. Dana and Patti live in Southeastern Wisconsins Geneva Lakes region. Are You The One latest season is back after almost three years; there are 22 members in it, and Danielle Bonaparte is one of them. The businessman is alive and healthy. His money was gained as a result of his enthusiasm for automobiles. Rick Treworgy's Muscle Car City is one of the biggest collections of high-performance American cars in the world. Dana and Patti have four sons, all of whom serve key positions within the Mecum team, and nine grandkids. Also, say you have two $1 million cars and one has been in five Dana Mecum is a member of Richest Businessmen Age, Biography and Wiki Net worth: $45 Million (2023) They have nine grandkids between them. She was united in marriage to the late Edward L. Mecum Sr. on December 26, 1951, and the two were married for 66 yea read more. The price for the GTO is said to have been the highest ever paid for a car. I watch you on TV all the time, says a third attendee. Mecum Auctions, based in Omaha, Neb., is a global leader in antique, vintage, and collector car auctions. with this post, location or person. The collection includes some rare, desirable, and low-mileage GTOs. What is the highest selling car at Mecum auction? Leave a sympathy message to the family in the guestbook on this memorial page of William Mecum to show support. The dealers that survived that period turned into sellers at our auctions. His money was earned as a result of his enthusiasm for automobiles. The main thing is making people happy. When we land, my phone rings. Personal: Lives in Lake Geneva, Wisconsin, with wife Patti. Today, people have computers and cell phones in their veins., Mecum Auctions has thrived to the point where Mecum can now afford to get around in his own Cessna Citation Excel. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: Silksong Escape from Tarkov Watch Dogs: Legion. He started Midwest Car Auction after becoming passionate about and knowledgeable about car collectibles. A blend of contemporary rock music and oldies is blaring through the speakers, television cameras are in place, and Mecums traveling army of 200 workersincluding a blue-shirted operations team and a black-shirted block teamare attending to final preparations. Age Family And Net Worth, Meteorologist: Is Joseph Dames Leaving KOIN? Dana Mecum, an American businessman with a net worth of $45 million, is a well-known figure in the United States. Age Family And Net WorthContinue, Does Dana Mecum Have Cancer? All net worths are calculated using data drawn from public sources. 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? Where do you see the business going from here? The worst thing is to be ready to close a deal with a customer and have to say, Sorry, I have to leave to catch my plane., "I can leave home in the morning, call on a piece of business, and be home for dinner, a trip that used to take three days on the airlines." MotorTrend Network. 0 Comments. Find Out More Need Assistance? Details about her Age, Family, and Net Worth, Melissa Bumstead Height, Age, Weight, Family, Husband, Brother, Net worth, Why she has been detained? More >. But I couldnt get my head around the expense. The entire family is strongly invested in the Company. What made you decide to buy the Ultra? Therefore, the above worth, income or earnings statistics may not be 100% accurate. You cannot own everything, but you can keep track of the cars you love.". Two-Time Grand National Roadster Show Class Winner. It was the way I was feeding my family so I would always sell them. Mecum President Dana Mecum said the agreement seamlessly aligns with the company's ongoing mission of partnering with the best brands that offer the greatest products for collector cars.. Other annual events include a massive $100 million extravaganza each January in Kissimmee, Florida, which lasts for 10 days and boasts 3,000 cars on show. Today Mecum Auctions is one of. And evidently, Mecum's fondness for GTOs hasn't faded much over the years. Copyright 2000-2023 Mecum Auction, Inc. All rights reserved. At Mecum Auctions's Dealership you can have a look at brands such as Buick, Cadillac, Chevrolet, Dodge, Ford, Kia . Mecum was the son of Edward Mecum, a well-known fleet dealer. You can have a car with a value of $20,000. Dana Net Worth: Mecum is a wealthy American businessman with a fortune of $45 million. Gillian Iliana Waters was born in January In 2023, Gillian Iliana Waterss net worth was estimated to be, Alex Vincent is an American actor who has a net worth of $400 thousand. 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. Wiki, Bio. So you got over your concerns about the economics of aircraft ownership? And the worst thing is to be ready to close a deal with a customer and have to say, Sorry, I have to leave to catch my plane.. 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 company, which has a market capitalization of about $2 billion, has an annual revenue of about $225 million. They have nine grandkids between them. Service Details. He is a businessman and car collector. His father owned a Pontiac dealership in Marengo, Illinois and later resold Avis rental cars. In 2023, Dana Mecum's net worth was estimated to be $45 Million. He started Mecum Auctions in 1974, which is one of the worlds largest auctions for antique, vintage, and collector cars and motorcycles. 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. Do you remember me? Mecum not only remembers, he recalls where they first met. The television star gained fame after appearing in the reality Tv show Love Island 2018. Patti Mecum is his wifes name. Save my name, email, and website in this browser for the next time I comment. Mecum and his wife, Patti, have four kids and nine grandchildren. Ive told the other consignment guys, if they have a quick deal and other things to do, use the plane. Immensely. The 2021 event runs from May 14 - 22, continuing the trend started. Today, Frank is Mecum's Vice President of Consignments and Dana's right-hand-man on the auction floor as a seller's representative. How do you get them to lift the reserve [price] when the bidding is not moving? Bill Grams, who co-founded Volo Auto Museum with his brother, Greg, in 1960, died of a heart attack Tuesday. 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. Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. 1965 Shelby 289 Cobra CSX2588. Mecums first auction, in 1988, ended in disaster when 90 mph winds hit, followed by a storm of litigation from unhappy customers. If Dana Mecum does have cancer, it is likely that he has not made it public for personal reasons. His father, Edward MECum, was a well-known fleet dealer from Monmouth, Illinois, and he grew up in the area. 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). What advice would you give a first-time buyer? Indeed, his wife, Patti, works the auctions, as do their four sons. Lot F140. Mecumwho runs the Wisconsin-based, 300-plus-employee business with his wife, Patti, four sons, and CEO Dave Magersgrew up in the car business. Edward enjoyed racing cars, and did so . Dana Mecum net worth is $45 Million 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). Expand. 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. The Last 289 Cobra Sold to the Public. Warren married Aletta "Letty" Rothrock on March 28, 1955. I loved the romance and the history about them, and I really liked the fact that customers werent always wanting my car. Mecum Auction is part of the Automobile Dealers industry, and located in Wisconsin, United States. Now, the firm performs more than one auction monthly, with an annual inventory of roughly 15,000 automobiles. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. How has the plane enhanced your bottom line? In 2009, we sold a 1965 Shelby Daytona Cobra coupe for $7.25 million. Under the stage name Chrisean Malone, Chrisean Rock Malone is an American Instagram model, singer, and social media influencer. Links: www.mecum.com 31,254 views 7.6 ( 14 votes) Categories Buildings > Residential Comments Policies Please log in if you don't want to post anonymously (anonymous users cannot post links). People are wondering how Davinas face has changed after she decided to get botox. Obituary. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. Private family services are planned at a later date. The well-known car collector and auctioneer has built up an impressive collection of Ferraris, Porsches, and other luxury vehicles over the years. I bought 40 semi tractors. Mecum was widely reported dead in March 2020, but the billionaire is still alive and well. Dating History And RelationshipContinue, Is the renowned Italian astrologer Paolo Fox Gay? Mecum and his wife, Patti, are the parents of four kids. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Questions were raised when the silver coupe with just 7 miles on its odometer was added to the docket days before the event, and were only cryptically answered by auction house founder Dana Mecum . Dana Mecum at His Auction (source: Bjtonline) The other thing is that now we have two business models. Through perseverance and with a deep passion for the industry, he has since grown the company into a thriving enterprise. The firm holds auctions in major cities around the United States, including Dallas, Denver, Indianapolis, Kansas City, and Seattle. The company has the most auction locations in the United States. The global business may be the worlds largest antique, classic, and collector car auction company. His enthusiasm for automobile collectibles and muscle cars inspired him to start Mecum Auto Auction, which is presently broadcast on Discovery HD Theater. By Andrea Reiher. Dana (surname) Dana family of Cambridge, Massachusetts . Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. But when I started this business, customers would always want those cars. Does the television personality date anyone currently? However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. You dont have to own them to enjoy them, Mecum answers. People are curious to know about his health as he was widely reported dead in March 2020. As of this writing, 1,382 of these vehicles were sold (as of writing). Whats the most expensive car youve sold? Dana Mecum is currently 67 years old in the year 2021. Dana made money as the creator of Mecum Auctions, an automobile auction firm. That was part of how I got sick: I was trying to do everything. Owner and operator of Speedway Auto Mall. 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. In more recent years, Mecum has branched into collectible farm tractors, motorcycles, and road art. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Mecum Auctions, which began as a business around his dining room table, was founded by him. He said, You know, youre going to lose a lot of money, and I said, Yeah, but Im going to get a lot of sleep. So a guy from North Carolina shows up with 40 collector cars and I traded him the rest of my trucks for the cars. In todays marketplace, the restorer comes into it as well. If you're looking for Dana Mecum's net worth in 2023, then check out how much money Dana Mecum makes and is worth today below. 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. Mecum is known for his enthusiastic style and catchphrases, such as Bring a trailer! and Fair warning!. Muscle Car City Mecum Auction 01. The other thing is energy. Copyright 2023. Its important to have a crowd [at an auction], whether theyre bidders or just attendees. Its one of the best decisions Ive ever made. 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. Then I had a flight from OHare. | The auctions are also normally televised on NBC Sports Network. It is well known that she dated the rapper Blueface. In fact, one of the GTOs up for sale is so dear to Mecum that its sale comes with a stipulation: If the buyer ever decides to sell, it has to go back to Mecum. Is she Pregnant? This one-of-a-kind 1959 Cushman Eagle Cubs scooter, restored in 2009, is expected to get $20,000 at the Mecum Auction in Chicago on October 9, 2015. They have nine grandchildren. The businessman was born in the year 1954. He has been on television series such as Mecum Dealmakers and Mecum Auto Auctions: Muscle Cars & More and has attended multiple Mecum Auctions events. Kathlyn Wilkins: Who Is She? 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. Without trying to sound mean, I can say that he did not look well the last time he attended an auction. Dana Mecum is currently the President and CEO of Mecum Auctions, Inc. Dana Mecum is an American businessman who has a net worth of $50 million. You did something unusual in a family-owned business in that you hired an outside CEO. Mecum Auctions pays the seller whenever the buyer confirms payment to the seller. I was a control freak, and around 1999 I got sick and had to let go and let other people do things. Health And Surgery Update. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. Where Has Dana Mecum Been; How Old Is Dana Mecum; Dana Mecum Net Worth; Dana Mecum Wikipedia; Dana Mecum Bio; Dana Mecum Auction Owner; Dana Mecum Wife; Frank Mecum Net Worth; The residence spans more than 33,000 square feet and houses an impressive car collection. It is the worlds largest auction house for antique, vintage, and collectible vehicles and motorcycles, according to the Mecum Auction Company. Shirley Mecum Obituary - Death Notice and Service Information Shirley Mecum passed away on August 24, 2020 at the age of 87 in Fontana, Wisconsin. Related searches Dana Mecum Family. Sellers can be emotional about their cars. Dana Mecum is no stranger to the world of high-end cars. I said, Hell, we might as well have another auction. There was no business planit was just survival. 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. Its three hours before show time at the Schaumburg, Illinois Convention Center. By Champion3 @ 2012-08-14 22:18:51. In 2017 alone, Mecum handled 20,000 consignments, generating upwards of $400 million. If you have a good roll of selling cars, its contagious. The first few years, I was the only one flying but now my sons are. He started Midwest Car Auction after becoming passionate about and knowledgeable about car collectibles. Dana International, stage name of singer Sharon Cohen; Dana Shum, the Shaw Brothers Hong Kong actress from 1973 to 1979; Dana, stage name of Dana Rosemary Scallon . Premium Powerups Explore Gaming. Another thing for a first-timer: dont ever go to an auction alone. Since its start, Mecum Auctions has become one of the worlds largest and most regarded collectible automobile auction houses. There is no known answer to this question. It means that if the reserve is met, the car can always be purchased if the highest bidder at a mecum auction wins. Mecum sold cars in Florida, including the record-setting Bullitt Mustang, and motorcycles in Las Vegas in January, and next went to Glendale, Arizona, just as word of the pandemic was spreading and the Mecum team wondered if each day's sales might be the last. 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. Dana Mecum: Wiki, Bio, Age, Family, Career, Weight, Wife, Net Worth, Siblings, birthday, school, Hometown:Dana is the president and creator of Mecum Auctions, which he started with the aid of his wife Patti and a few close friends from his kitchen table in 1988. Today 80 percent are worth $750,000 to $1 million and the rest are worth $3 million to $10 million. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. He served in the United States Army during the Korean War. Look out there [at the audience]. After a long and gratifying life, Paul passed in October 2020 at age 88. cache 6h 0m Mecum kicks off 2022 with biggest car auction in history By Mike Hanlon January 23, 2022 Mecum's 2022 Kissimmee event has rocked the collector car world, with the average price per car jumping. The entire family is a class act of hard working people and deserve every success that has come their way. This auction house is ranked first in the world in terms of collector car auction results and consignors. So a lot of mind games go on. His father was the largest fleet dealer in the U.S. at one time. Theyre here for the entertainment. William Mecum Obituary. She landed her first job on MTV in 1992, and since then, she has accomplished a lot. Here you will find everything you need to know. At one point, someone offered to buy him out. 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. Mecums net worth is primarily generated from his Mecum Auction vehicle auction business. Advertisement Coins. In existence for more than 25 years, Mecum Auctions hosted their first auction in 1988 at the Rockford Airport. With an annual inventory of around 15 thousand automobiles, the business now runs more than one auction every month.

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