Edward Mecum became the nation's largest fleet dealer until the 1980s, when high-interest rates temporarily wiped out his business.
Dana Mecum's house in Lake Geneva, WI - Virtual Globetrotting Through perseverance and with a deep passion for the industry, he has since grown the company into a thriving enterprise. There is one exception to the dress code: president Dana Mecum. The car was auctioned off for a world record price of $2 million, setting a new record for an auction car. Today is Mark Delzell's 60th birthday, and he sadly passed away yesterday at 59. Dana Mecum, an American businessman with a net worth of $45 million, is a well-known figure in the United States. So, if youre in the market for a rare and expensive Ferrari, keep an eye on Dana Mecums auctions you might just get lucky. Edward enjoyed racing cars, and did so . After the death obituary of Danas friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. All rights reserved.
I bought it. Gerdes was in the event planning business when he met Dana Mecum and . I didnt know anything about trucks so I traded 10 of them for four rental houses. By clicking Sign up, you agree to receive marketing emails from Insider The businessman was born in the year 1954.
Obituary for Edward L. Mecum The businessman is alive and healthy. It's not rocket . I had a hard time managing when we had six people. What is the highest selling car at Mecum auction? They have four boys, all of whom are active Mecum team members. Established by President Dana Mecum in 1988 . Has four children, nine grandchildren. 1932 Ford Hi-Boy Roadster Spencer II. Mecum Auction. 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. My first one was a Rex Mays Gilmore Special that was on the pole at Indy in 1935 and 1936. How do you get them to lift the reserve [price] when the bidding is not moving? Dana's focus, interest and expertise in the. He takes a floor-level seat on the auction block and the customers begin approaching. According toCelebrity Net Worth, Dana Mecum has an estimated net worth of about $45 million. 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. 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. But I couldnt get my head around the expense. In 2014, we sold a 1964 Ford GT40 [prototype] for $7 million.
Dana Mecum - Mecum Magazine Owner and operator of Speedway Auto Mall. The companies were formed over a nine month period with the most recent being incorporated eight years ago in September of 2014. Fontana-on-Geneva Lake, Wisconsin (WI), US. At Schaumburg, you could have bid on a 1996 Ford F-150 pickup or, for you ice hockey aficionados, a 1992 Zamboni. The 2021 event runs from May 14 - 22, continuing the trend started. Mecum understands diverse tastes and does not discriminate. Look out there [at the audience]. And Carolyn Wiger is one of the contestants of Survivor 44. North St. Paul,, Read More Survivor 44: Who Is Carolyn Wiger? How much is Dana Mecum worth? We now have limitless entertainment [revenue potential] if we can learn to harness it. Mecum and his wife, Patti, have four sons together and nine grandchildren. With an annual inventory of around 15 thousand automobiles, the business now runs more than one auction every month. Mecum Auctions also boasts the most auction locations in the United States and the biggest volume of sales of any car auction company in the United States. Notify me of follow-up comments by email. 1959 Porsche 356A Convertible D. Coachwork by Drauz. You dont have to own them to enjoy them, Mecum answers. We have 130 in the home office now. Even if the guy you take with you knows nothing about cars, it helps to have someone who is on your side and you can talk to. Warren was born in Saugerties, graduated from Catskill High School in 1949. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Copyright 2023. There is a custom fieldstone show garage with glass garage doors, porcelain flooring and a rooftop swimming pool and pool house. 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. Add or change photo on IMDbPro Add to list More at IMDbPro Contact info Agent info Known for Mecum Dealmakers 6.1 TV Series Dana Mecum 2014 Mecum Auto Auctions: Muscle Cars & More 7.2 TV Series The entrepreneur is alive and well. 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. In March 2020, Mecum was widely rumored to be dead, however, the businessman is still very much alive. 0 coins. His money was earned as a result of his enthusiasm for automobiles. Mecum Auctions, which has been in business for almost 25 years, had its inaugural auction in 1988 at the Rockford Airport. They say I have to go back to ticketing and come through security again. The first few years, I was the only one flying but now my sons are. 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. Today, Frank is Mecum's Vice President of Consignments and Dana's right-hand-man on the auction floor as a seller's representative.
William Mecum Obituary (1948 - 2022) | Horseheads, New York And I dont have to fly the chicken and pig express [the airlines]. He plans to spend more time with his family and pursue other interests. Net Worth: $45 Million As one of the richest celebrities in the world, people are always wondering how much money Dana Mecum has or makes. His enthusiasm for automobiles earned him money, as did his desire to own a car. It is with deep sorrow that we announce the death of William Mecum (Horseheads, New York), born in Elmira, New York, who passed away on September 12, 2022, at the age of 74, leaving to mourn family and friends. Mecum Auctions Inventory, Marengo - IL.
Court decision behind the $1.8 million Ford GT auction revealed as But Mecum isnt just any car guy. Dana and Patti presently reside in Southeastern Wisconsins Geneva Lakes region. He has an estimated net worth of $100 million. Luckily, the buyer balked, because the business has thrived to the point where Mecum can now afford to get around in his own Cessna Citation Excel. 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. The 2022 Mecum Auto Auction season kicks off Wednesday, January 12 in Kissimmee, Florida. Mecum Auctions is now one of the worlds largest antique, vintage, and collectible vehicle and motorbike auction companies.
We went to check out a collector car mega auction (and ended - Autoweek Kathlyn Wilkins: Who Is She? The entire family is heavily involved in the business. Mecum was the son of Edward Mecum, a well-known fleet dealer. That one is going to bring more money. James Dwight Dana (1813-1895), scientist, zoological author abbreviation Dana; Nickname or stage name. Recently news about the businessman Dana Mecum surfaced on the internet. 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]. The most expensive car ever sold at auction is the Ferrari 250 GTO. While Mecum has said that he isnt planning on selling any more of his Ferraris, its clear that he isnt opposed to letting go of his prized possessions for the right price. Also Read: Meteorologist: Is Joseph Dames Leaving KOIN? It was sold for $38 million in 2014. Ive seen it a thousand times: a guy turns down the best offer hell ever get because there arent enough people in the room. In 2017 alone, Mecum handled 20,000 consignments, generating upwards of $400 million. Every year, it hosts the worlds largest collector car auction in Florida. I first met Ed, Sr., Ed, Jr., and Dana in 1976 when I worked at a bank that Ed, Sr. was involved in. It's owned by American businessman and owner of Mecum Auctions, Dana Mecum and wife, Patti. Health Update, Survivor 44: Who Is Carolyn Wiger? 1 of 13. My wife asked me what I was going to do. Dana and P.G. kissimmee . Alternatively, you can have a $30,000 car with a $20,000 bid and if every seat is full, the guy will sell. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. Now, the firm performs more than one auction monthly, with an annual inventory of roughly 15,000 automobiles. 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. 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. If were selling a small collection with reserves, we try and arrange it so that the first few cars sell for sure. However, the businessman has yet to reveal any information regarding his actual birthdate. Santosh Budha is a freelance writer for Celebdoko. Dana Mecum is an American businessman who has a net worth of $50 million. 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. He rapidly recognized an absence of trustworthy and skilled auction houses for collectible automobiles and launched Mecum Auctions in 1988. He always tanks up where fuel is cheap. I was looking at King Airs, but a friend told me I should really be looking at a jet. anonymously (anonymous users cannot post links). Dana Mecum's GTOs will cross the auction block during Mecum Auctions' Indianapolis sale, which will take place from July 10 through July 18. 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. Meanwhile, the plane is delayed an hour for some other reason, and finally they let me on. Does the television personality date anyone currently? Were in the air two or three days every week. Altogether in 2017, Mecum will handle some 20,000 consignments, including 14,000 cars, and generate revenues in excess of $400 million. He has subsequently built the firm into a flourishing corporation through tenacity and a genuine enthusiasm for the sector. When we land, my phone rings. Dana Mecum has always been a car guy and comes from a long car-focused lineage. Value depends on desirability, quality, and then rarity and who owned the car. The Mecum Auction Company is the worlds largest auction house for antique, vintage, and collectible cars and motorcycles. Nine out of 10 attendees will not bid; rather, they come just to ogle at precious metal and recall a youth long past. Since its start, Mecum Auctions has become one of the worlds largest and most regarded collectible automobile auction houses. Mecum has been involved in the collector car world for over 30 years and is a respected authority on the subject. For instance, there's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965. Also Read: What Is Claude Littner Illness? That car, had he not owned it, would have been worth $350,000. Description. I came up from Tennessee to see this and I told my cousin I wasnt leaving until I shook your hand. How important has television been to the business? 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. He started Mecum Auctions in 1974, which is one of the worlds largest auctions for antique, vintage, and collector cars and motorcycles. There is no known answer to this question. They have nine grandkids between them. After the death obituary of Dana's friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. Dana Mecum Death - Obituary - Dead - Cause of Death News. MotorTrend Network.
Around The Town Tuesday - Disaffected Musings One aspect distinguishing Mecum Auctions from other auction houses is its emphasis on transparency and client care. He has been on television series such as Mecum Dealmakers and Mecum Auto Auctions: Muscle Cars & More and has attended multiple Mecum Auctions events. If they are, its easier to get them to a decision. Dana and Patti reside in the Geneva Lakes area in Southeastern Wisconsin and have four sonsall of whom play important roles within the Mecum teamand nine grandchildren. Mecum Auctions, which has been in business for over 25 years, had its inaugural auction in 1988 at the Rockford Airport. He is a true car enthusiast and his passion for the industry shines through in his work. So I refuse and tell the gate agent to call security because either Im getting on the plane in first class or Im going to jail. Even put the N number registration I wanted on itN50LD [for SOLD]. 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 Long-term we think it will be OK, but the era I come from, everyone had gas and oil in their veins. Rare does not necessarily mean valuable.
Obituary for Edward L. Mecum Fans, please take into consideration that we didn't break into Dana Mecums bank accounts. 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. Rent A Maserati And Make A Lasting Impression On Your Next Special Occasion, A Pricey Ticket To Luxury: Uncovering The Base Price Of The Iconic Maserati, A Guide To Buying A Used Maserati: Understanding The Luxury And Potential Costs. He started Midwest Car Auction after becoming passionate about and knowledgeable about car collectibles. Dana Mecum was born in Monmouth, Illinois, in 1954, and raised in California. Career Earning And Net Worth. If you need it, we have it.
Dana Mecum Net Worth (2023 Update) So I learned a great lesson from that. The company, which has a market capitalization of about $2 billion, has an annual revenue of about $225 million. Dana Mecum Age And Wiki. Im a car guy, but I dont own anything like this.. Mecum Auto Auction, which is currently televised on Discovery HD Theater, was founded by his passion for vehicle collectibles and muscle cars. After putting in some serious work over the years, and being an integral part of the auction industry surviving the chaos of 2020, the legend will be remembered for his professionalism, energy, and . 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. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Hanson also gathered many, Read More Who Is Megan Barton Hanson Girlfriend Demi Sims? Without TV, not only would we not have grown, we might not have survived. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. Shirley Mecum Obituary - Death Notice and Service Information Shirley Mecum passed away on August 24, 2020 at the age of 87 in Fontana, Wisconsin. Dana Mecum himself has been absent from the last few auctions and no word has leaked as to the reason (s). Create an account to follow your favorite communities and start taking part in conversations. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates.
Obituary | Justin A. Wommack of Wetmore, Kansas - Mercer Funeral Home Mecum Auctions, which he started from his dining room table, is a vehicle auction firm he created. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. In 2009, we sold a 1965 Shelby Daytona Cobra coupe for $7.25 million. But when I started this business, customers would always want those cars.
Mecum Auctions returns to Kissimmee with 4,100 cars in largest event We mourn with the family of Dana Mecum for this great loss. To him, youre a fellow car guy, and thats all that matters. Who are the Mecum auction announcers? He came up with the idea of starting the company after falling in love with automobiles and muscle cars. Otherwise, the crowd quits bidding on that collection because they think the seller isnt serious.
Dana Mecum Net Worth You did something unusual in a family-owned business in that you hired an outside CEO. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Gerdes was in the event planning business when he met Dana Mecum and was impressed by his ambition to grow the company. Dana Mecum is the CEO of Mecum Auctions, one of the industrys most well-known collector car auction companies. Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. 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.. 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 . He started Midwest Car Auction after becoming passionate about and knowledgeable about car collectibles.
Mecum 2022 Kissimmee Live Stream: How to Watch Auction Online Dana Mecum is not available on any social media platforms to date. It runs through July 18. Indeed, his wife, Patti, works the auctions, as do their four sons. Under the stage name Chrisean Malone, Chrisean Rock Malone is an American Instagram model, singer, and social media influencer.
Dana Mecum Death - Obituary - Dead - Cause of Death News - reddit Mecum Kissimmee: the industry's largest auction just keeps expanding Dana Mecum Net Worth 2023 He is a tech enthusiast who plays many games, specifically Dota 2. However, it is false news and the businessman is still alive. Access your favorite topics in a personalized feed while you're on the go. Our rundown does not include any unofficial sales that may have taken place outside of official auctions. Dana Net Worth: Mecum is a wealthy American businessman with a fortune of $45 million. Get in touch via the contact form and well give you more details.
Dana Mecum - President - Mecum Auction | ZoomInfo Rare 1965 Ford GT Competition Prototype Roadster Headed To Mecum New Journey - Dana Mecum Death - Dead | Passed Away | | Facebook 2 Mecum Bidder Badge, at Dana Mecum's 34th Original Spring Classic this May. Lynda L. Mecum, 67, Grand Junction, died July 25, 2015, at HopeWest Care Center. The other thing is energy. Mecum Auctions 88.6K subscribers Subscribe 11K views 10 years ago Dana and Patti Mecum celebrate Mecum Auction's 25th. It is, however, incorrect information, and the businessman is still alive. Maybe in three years or so Id buy one, but that wouldnt be for business.
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. It is the worlds largest auction house for antique, vintage, and collectible vehicles and motorcycles, according to the Mecum Auction Company. The dealers that survived that period turned into sellers at our auctions. We welcome all corrections and feedback using the button below. The collection includes some rare, desirable, and low-mileage GTOs. have a home in the Geneva Lakes area of southeastern Wisconsin.
Dana Mecum announces new summer special 2020 Kissimmee auction Dana Mecum is currently 67 years old in the year 2021. As of this writing, 1,382 of these vehicles were sold (as of writing). Every time the prices go up, what is considered investment grade gets thinner. Leave a sympathy message to the family in the guestbook on this memorial page of William Mecum to show support. The businessman was born in the year 1954. During this time, the original 289ci engine was also rebuilt. Dating History And Relationship. If you have a good roll of selling cars, its contagious. If theres no one in the audience, you can have a $30,000 bid and the guy wont sell.
Mecum kicks off 2022 with biggest car auction in history - New Atlas Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Updates will be given soon. Where do you see the business going from here?
Mecum classic car auction rolls into Chicago - Chicago Tribune