Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. He takes a floor-level seat on the auction block and the customers begin approaching. Dana Net Worth: Mecum is a wealthy American businessman with a fortune of $45 million. The 1957 Ferrari 335 Sport Scaglietti was introduced on the racetrack as long ago as 1957. By Champion3 @ 2012-08-14 22:18:51. One of the companies is still active while the remaining one is now listed as inactive. Dana Mecum is a wealthy American businessman with a fortune of $50 million. Dana made money as the creator of Mecum Auctions, an automobile auction firm. Dana Mecum Net Worth $45 Million Lists Ranked On Richest Businessmen Statistics Source of Wealth: Mecum Auction Birth Place: Monmouth, Illinois Marital Status: Married (Patti) Full Name: Dana Mecum Nationality: United States Date of Birth: 1954 Ethnicity: Caucasian Occupation: Businessman About Dana Mecum Every time the prices go up, what is considered investment grade gets thinner. He started his career in the 1970s in the automobile sector as a vehicle salesperson and then as a car collector. Dana has been in the car business for over 40 years and has sold some of the most iconic cars in history. Mecum Auction. Dana Mecum has not made any public statements about having cancer, and no credible sources have come forward with any information about it. Mecum in recent years has also branched out into motorcycles, collectible farm tractors, and road art, the former two driving their own events. Position: Founder/president, Mecum Auctions, Transportation: 1999 Cessna Citation Excel. Get in touch via the contact form and well give you more details. Career Earning And Net Worth, What Is Claude Littner Illness? [CEO] Dave Magers spent 37 years at Country Financial, and he has the financial background we needed. 1 of 13. Despite his success, Dana has decided to retire from the car business. The obituary was featured in The. 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." Three bidders competed for the car for ten minutes over ten minutes, eventually bidding $48,405,000 for it. 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. 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. Dana may refer to: . Maybe in three years or so Id buy one, but that wouldnt be for business. Sure, you think of the extra business you can get to with a plane, but nothing beats just getting home every night. Fans, please take into consideration that we didn't break into Dana Mecums bank accounts. The dealers that survived that period turned into sellers at our auctions. They have nine grandchildren. Here is the full Bio/Wiki of Mecum, his family/ mother/ father/ brother name, age, height in feet, weight, body measurements, interests/hobbies, girlfriends, wife, spouse, cars, property, bikes, address, email, house, hometown, ethnicity, hometown, birthplace, parents, achievements, phone number, school, his Twitter, Facebook, Instagram, earning /income/net worth, birthday, zodiac sign, education, caste, religion, Date Of Birth. Dana Mecum has always been a car guy and comes from a long car-focused lineage. 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. Mecum Auctions, which he started from his dining room table, is a vehicle auction firm he created. FONTANA, Wis. - Shirley Jean Mecum, 87, of Fontana, Wisconsin, died Monday, Aug. 24, 2020, at home due to natural causes. Note: VirtualGlobetrotting is an entertainment website is and is not associated Dana Mecum at His Auction (source: Bjtonline) Description. It means that if the reserve is met, the car can always be purchased if the highest bidder at a mecum auction wins. The recession put a lot of those people out of business. Mecum and his wife, Patti, are the parents of four kids. But every time they go higher, the lane gets thinner. Mecum Auctions is now one of the worlds largest antique, vintage, and collectible vehicle and motorbike auction companies. This company has been ranked first in the world for many years, and it has done well. Subscribe to us to get the latest updates About Dana! His father owned a Pontiac dealership in Marengo, Illinois and later resold Avis rental cars. Has four children, nine grandchildren. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. Altogether in 2017, Mecum will handle some 20,000 consignments, including 14,000 cars, and generate revenues in excess of $400 million. The other thing is come to an auction [before buying] and practice bid in your mind. At Mecum Auctions's Dealership you can have a look at brands such as Buick, Cadillac, Chevrolet, Dodge, Ford, Kia . Alex Vincent was born in Newark, New Jersey in April In 2023, Alex Vincents net worth was estimated to be, Dj Qualls is an American actor and comedian who has a net worth of $5 million. 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 Marengo, Illinois, his Father ran a Pontiac business and resold Avis rental vehicles. Dana's focus, interest and expertise in the. He is an Italian astrologer, Journalist, and television personality. Dana and Patti live in Southeastern Wisconsins Geneva Lakes region. If they are, its easier to get them to a decision. Despite widespread speculation that Mecum had died, he is still alive and well. Mecum understands diverse tastes and does not discriminate. After the death obituary of Danas friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. 1965 Shelby 289 Cobra Roadster. She landed her first job on MTV in 1992, and since then, she has accomplished a lot. The global business may be the worlds largest antique, classic, and collector car auction company. =), Copyright 2023 CelebrityNetWorth123.com | Contact Us | Privacy Policy. At Schaumburg, you could have bid on a 1996 Ford F-150 pickup or, for you ice hockey aficionados, a 1992 Zamboni. Even put the N number registration I wanted on itN50LD [for SOLD]. Access your favorite topics in a personalized feed while you're on the go. Scottie Barnes Mother: Everything You Need to Know, On Instagram, who is @1800savemary, also known as Mary Magdalene? Its one of the best decisions Ive ever made. At a mecum auction, you must be aware of this rule, and it is critical to do so. Gerdes was in the event planning business when he met Dana Mecum and . Since 2013, all of these high-end cars have been auctioned, demonstrating how popular the market for these expensive and desirable vehicles has become. NART spiders were invented by Luigi Chinetti, an Italian who wanted to make a series of open-topped sports cars for the American market. How did you get into this business? I first met Ed, Sr., Ed, Jr., and Dana in 1976 when I worked at a bank that Ed, Sr. was involved in. Coverage of the Kissimmee auction . well-known collections. 20ms. In 2023, Dana Mecum's net worth was estimated to be $45 Million. Dana Mecum is the CEO of Mecum Auctions, one of the industrys most well-known collector car auction companies. The cast for the upcoming season of Survivor has been updated. My wife asked me what I was going to do. People Given name. "He comes up with ideas and we implement them," said Gerdes. Theyre here for the entertainment. So I had these 40 and 15 of my own and decided to have an auction. Its the guy with the jet with N5OLD on it. Leave a sympathy message to the family in the guestbook on this memorial page of William Mecum to show support. Mecum and his wife, Patti, have four kids and nine grandchildren. 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. In 2017 alone, Mecum handled 20,000 consignments, generating upwards of $400 million. 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. Our dedicated team of drivers and support staff is ready to serve your needs. A 1965 Ford GT Competition Prototype Roadster will cross the auction block on July 11 during Mecum's Indy 2020 sale, and it's expected to rake in $7.5 million to $10 million. How much is Dana Mecum worth? He amassed his fortune thanks to his passion for cars. The businessman was born in the year 1954. 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. Dana Mecum is currently 67 years old in the year 2021. At an auction in London, a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe was sold for 114 million. Dana Mecum is currently the President and CEO of Mecum Auctions, Inc. Sellers can be emotional about their cars. Born September 18, 1932 in Colchester to Thelbert and Lula Belle (Martin) Mecum. More >. Dana Mecum, the American businessman and creator of Mecum Auctions, has been the subject of significant conjecture in recent years. You cannot own everything, but you can keep track of the cars you love.". 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. That was part of how I got sick: I was trying to do everything. The sale of this car is a testament to the value of rare and unique vehicles, as it is a true collector item. It took Mecum over 15 years without seeing a profit to find success with the auction company. In 2014, we sold a 1964 Ford GT40 [prototype] for $7 million. The program features Mecum Auctions founder Dana Mecum and son Frank. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. I still have it. How has the plane enhanced your bottom line? Mark Delzell has been the lead auctioneer for Mecum Auctions since Dana Mecum staged his classic car sale at the airport in Rockford, Illinois, in 1988. 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. Mecum was the son of Edward Mecum, a well-known fleet dealer. Where do you see the business going from here? That one is going to bring more money. As a seller, you pay between $500 and $1,500 to list your car . Obituary. He started Mecum Auctions in 1974, which is one of the worlds largest auctions for antique, vintage, and collector cars and motorcycles. Dana Mecum Death - Obituary - Dead - Cause of Death News. Our rundown does not include any unofficial sales that may have taken place outside of official auctions. I got a Citation Ultra in 2011 and moved up to an Excel in 2015. She is survived by her husband, Daryld B.; two daughters, JoEllen Gracey of Grand Junction and Dana Lea Meyer of Vernal, Utah; two sisters, Cheryl Gilmer and Pat Larrechea, both . Its three hours before show time at the Schaumburg, Illinois Convention Center. How Did Chrisean Rock Have A Miscarriage? Dana Mecum is a wealthy American businessman with a net worth of $50 million. 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.. Age Family And Net WorthContinue, Does Dana Mecum Have Cancer? As of this writing, 1,382 of these vehicles were sold (as of writing). 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. The other thing is energy. This auction house is ranked first in the world in terms of collector car auction results and consignors. And Carolyn Wiger is one of the contestants on the show. MotorTrend Network. We are made to know about this on October 19, 2021. Press question mark to learn the rest of the keyboard shortcuts. There have been speculations that he has been battling Cancer, but neither Mecum nor his Company has confirmed this. Dana Mecum was born in Monmouth, Illinois, in 1954, and raised in California. Links: gazettextra.com. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. 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. Do you remember me? Mecum not only remembers, he recalls where they first met. The reality television show will debut on Paramount+ on Wednesday, January 18, 2023; after a quick introduction of every cast member, people are eager to learn about them in detail. The Chevrolet Corvette ZR2 convertible ( Lot S 127) is now for sale for $962,500 in the United States. Is she Pregnant? Mecum Auctions 88.6K subscribers Subscribe 11K views 10 years ago Dana and Patti Mecum celebrate Mecum Auction's 25th. To be sure, Mecum auctions some pricey iron, but the ordinary and even sometimes the ridiculous cross the block as well. In person auctions account for 90% of the companys business, while telephone and internet auctions account for the remaining 10%. You can have a car with a value of $20,000. Any thoughts about your next plane? His family fortune was founded by his company, Mecum Auctions, which auctioned off automobiles. Their new business model was housing their cars in low-cost warehouses and bringing them to public auction. So, if youre in the market for a rare and expensive Ferrari, keep an eye on Dana Mecums auctions you might just get lucky. 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. Dana and Patti have four sons, all of whom are important members of the company. 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. Owner and operator of Speedway Auto Mall. Mecum asked for $500,000 because thats how much debt he had. Shirley Mecum Obituary - Death Notice and Service Information Shirley Mecum passed away on August 24, 2020 at the age of 87 in Fontana, Wisconsin. Twenty years ago, all Duesenbergs were worth a million bucks. Specialties: The Mecum Auction Company is the world leader of collector car, vintage and antique motorcycle, and Road Art sales, hosting auctions throughout the United States. With an annual inventory of roughly 15 thousand cars, the firm now holds more than one auction every month. The fact that he amassed such wealth as a result of his passion for automobiles made him wealthy. Dana Mecum is currently 67 years old in the year 2021. They live in the Geneva Lakes region in Southeastern Wisconsin. We mourn with the family of Dana Mecum for this great loss. Im 63 now. Dana Mecum Death Hoax Debunked: Is He Dead Or Alive? What made you decide to buy the Ultra? The shortcoming is the age of the consumer. I drive past Mecums construction site every week. Dana Mecum Obituary - Death - Dana Mecum has reportedly passed away unexpectedly.Click to learn more.. Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. 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. 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? Our core business has always been sales commissions. He also enjoys collecting vintage cars and motorcycles. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Does Astrologer Have Moglie Or Fidanzato?Continue, According to Blueface, Chrisean had a miscarriage, and people are curious about what occurred. Click link to read full story. Survivor 44 the CBS competitive reality TV series will be the forty-fourth season of Survivor. Fontana-on-Geneva Lake, Wisconsin (WI), US. Edward Mecum became the nation's largest fleet dealer until the 1980s, when high-interest rates temporarily wiped out his business. Service Details. 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 Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Gregg Kunes is the owner of Kunes Country Auto Group, which includes three dealerships in Delavan and Lake Geneva and two in Illinois. And Carolyn Wiger is one of the contestants of Survivor 44. North St. Paul,, Read More Survivor 44: Who Is Carolyn Wiger? The checks are then mailed within 5-7 business days of the receipt. (PHOTO: Jason Brant), We get to a lot of business [with our own jet] we wouldnt otherwise get. It is the worlds largest auction house for antique, vintage, and collectible vehicles and motorcycles, according to the Mecum Auction Company. His father, Edward MECum, was a well-known fleet dealer from Monmouth, Illinois, and he grew up in the area. with this post, location or person. He is also the founder of Mecum Auctions, one of the largest car auction houses in the United States. The Mecum Auction Company is now the largest antique, vintage, and collector car and motorcycle business in the world. This German racer was the highest-bid entry in the competition, coming in higher than the second-place Ferrari 250 GTO. She was born Sept. 14, 1932, in Monmouth, Illinois . Alternatively, you can have a $30,000 car with a $20,000 bid and if every seat is full, the guy will sell. Because if you ever try to sell something you dont like or dont know anything about, youre going to have a hard time. Ethan Sandler was born in Fort Wayne, Indiana in In 2023, Ethan Sandlers net worth was estimated to be, Gillian Iliana Waters is an American actress who has a net worth of $1 million. 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. 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. What was your thinking? Please received our heartfelt condolences. So far, we have used it to sell more cars. 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. By Andrea Reiher. Dana Mecum's 34th Original Spring Classic boasts 2,500 classic and collector cars that will be shown, sold and drooled over. "The GTOs I am offering are all special cars," Mecum said in the listing. Mecum Auctions, which he started from his dining room table, is a vehicle auction firm he created. 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. Private family services are planned at a later date. His enthusiasm for automobiles earned him money, as did his desire to own a car. Every year, it hosts the worlds largest collector car auction in Florida. Mecum Auctions, which began as a business around his dining room table, was founded by him. It's owned by American businessman and owner of Mecum Auctions, Dana Mecum and wife, Patti. If theres no one in the audience, you can have a $30,000 bid and the guy wont sell. Thanks to television, the auctions reach a wider audience, providing 600 hours of annual programming on NBCs Sports Network, where the events draw more viewers than anything except Europes Premier League football. Following the death obituary of Danas friend Bill Grams, several websites reported the death of Mecum, the auction house owner.