Ford says it's a way to make sure the limited edition cars - just 1,000 are set to be built through 2020 - go to true fans rather than speculators only interested in turning a profit. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. Your email address will not be published. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. His enthusiasm for automobiles earned him money, as did his desire to own a car. Discover more keyword analyses or check out our latest additions. The company is headquartered in Walworth, Wisconsin, and is tops in the world for the number of collector cars offered at auctions, the number of collector cars sold at auctions, and the host of the largest collector car auction, which takes place every year in Florida. The buyers fee is 10% of the final sales price, and the sellers fee is $500. One such group is the TechForce Foundation, a 501 (c) (3) national nonprofit organization whose mission statement includes the opportunities that many forms of education may provide. He has one of the largest collections of cars in the world. Foul play is not suspected, but his family is concerned for his safety. Carroll Shelbys 1965 Shelby 427 Cobra fetches $5.94M at Mecum auction. Mecum Auction Salary Mecum Auction average salary is $45,000, median salary is $45,000 with a salary range from $45,000 to $45,000. Mecum is not liable for lost, stolen, or damaged Lots, and Bidder shall make no claim against Mecum for such loss, theft, or damage, unless the loss, theft, or damage is directly caused by Mecums actions or omissions. As of January 2022, ZipRecruiter reported that auctioneers earned an average annual wage of $54,113, with earnings typically ranging from $22,500 to $110,500. Lot F140. Dana Mecum is an American auctioneer and collector of rare automobiles. Writing quality content has always been the thing that I am passionate about in my life. Alex Mecum Net Worth 2020. Therefore, the above worth, income or earnings statistics may not be 100% accurate. 1 top seller was Evernhams 1965 Brawner Hawk Ford Dean Van Lines Special Indy Car (Lot S166), driven by Mario Andretti, which brought $2.2 million as an offering that crossed the auction block with no reserve.May 24, 2022. How old is he? So why are property auction fees so high? . What is Dana Mecum net worth? They hold auctions all over the country and have become quite popular in recent years. In 2014, he sold the first production Ford Mustang for $1.3 million. The youngest of three children, Dana grew up on a farm where his father raised corn and soybeans, and his mother ran the household. Dana Mecum's Overview. According to the EmergeSocial.net stats, in 2023 Dana Mecum net worth will grow up to approximately $ 45.000.000. Continue with Recommended Cookies. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. The consent submitted will only be used for data processing originating from this website. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Mecum Auctions pays the seller when payment is received and confirmed from the buyer. Online Bidding: The online bidding for each auction closes at the specified time. If you want to know more about Dana Mecum net worth, be sure to check out the following article. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. However, a strong storm with winds of 90 mph hit the auction, which resulted in disaster. Through perseverance and with a deep passion for the industry, he has since grown the company into a thriving enterprise. The 5.7-liter Chevy crate motor was worth that. Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. Mecum Auctions is the worlds largest collector car auction company, and Dana Mecum is at the helm. @ 42.56314889, -88.56500198. How can we classify any crypto-asset into art? Dana Mecum is a car collector who owns over 1,000 cars. About Us; Contact Us; Disclaimer; . [3] In August 2019, White's net worth was estimated at $500 million. After high school, Dana attended the University of Illinois, where he studied business. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Danas older brother, David, is a successful businessman, and his sister, Diane, is a teacher. Frank's reported annual income is about $100 - 149,999; with a net worth that tops $100,000 - Its owned by American businessman and owner of Mecum Auctions, Dana Mecum and wife, Patti. Dana Mecum is an American auctioneer and founder of Mecum Auctions. Net Worth Needed To Fly Private. Mecum has been featured on numerous television shows, including the Discovery Channels Auction Kings and NBCs American Dream Builders. He is also a regular guest on the nationally syndicated radio show The Car Show.. Dana and his wife Patti live in the Geneva Lakes region of southeastern Wisconsin. A 10% to 15% commission is typical for this profession. No matter how small or large a writing project seems, I would always write it down with complete devotion. Courtesy of Mecum Auctions, Inc. A rare 1965 Shelby GT350R Mustang raked in $3.85 million at auction on Friday, becoming the most expensive Mustang on the planet. 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. He has built the company into a multi-million dollar business and has established himself as one of the most respected and well-known figures in the collector car world. Dana Mecum net worth is $45 Million. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Dana Mecum's Net Worth: Dana Mecum is a $45 million American businessman. Your email address will not be published. Dana Mecum's GTOs will cross the auction block during Mecum Auctions' Indianapolis sale, which will take place from July 10 through July 18. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. Dana Mecum is an American businessman who has a net worth of $50 million. This particular collection features a variety of Pontiacs that are rare in both . Dana became famous after establishing the auto auction business Mecum Auctions. The selection of cars eight Pontiac GTOs spanning from 1964 to. Mecum Auctions' president and inventor, Dana, started the business in 1988 at his kitchen counter with the assistance of his wife, Patti, and. . Mecum has been featured on . Commentators: Scott Hoke, John Kraman, Stephen Cox, Bill Stephens, Katie Osborne, and Townsend Bell. There are no other seller fees on BaT. For further information, visit Mecum.com or call (262) 275-5050. Together, Mecum and his wife, Patti, raised four boys, and they now enjoy the company of nine grandkids. Lot S87 2023 Chevrolet Corvette Z06 70th Anniversary Convertible. as well as other partner offers and accept our, Visit Business Insider's homepage for more stories. Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015. (B) Should Buyer default upon his purchase in any manner, for any reason, Buyer agrees to pay Barrett-Jackson the full sum of both the buyers premium 15% of sale price live (17% absentee/internet) and sellers commission (15% of sale price). He is the founder of Mecum Auctions, the world's largest collector car auction company. Lake Geneva, Wisconsin (WI), US. We use cookies to ensure that we give you the best experience on our website. The company was founded in 1988 and is headquartered in Walworth, Wisconsin. For his son's sweet 16 birthday, Dana White purchased the safest vehicle any parent would want their child driving in. His car was found abandoned at the Indianapolis International Airport. Dana earned his fortune as the founder of the car . How long does it take for a cleft palate to heal? The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. The Defender Works V8 70th Anniversary edition is one of 150 made. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Also, the final sale price might be a bit lower than that for a private sale.Jan 19, 2016. Dana Mecum Net Worth According to Celebrity Net Worth, Dana Mecum has an estimated net worth of about $45 million. Mecum Auctions, which has existed for more than 25 years, had its inaugural auction at the Rockford Airport in 1988. Now see the Dana Mecum Net worth , Birth Date, Birth place and Age. Dana Mecum nickname is Dana. The Untold Truth About Drake Mother - Sandi Graham. When do Dana Mecum Pontiac GTOs go on sale? For example, an auctioneer charging the seller 15% or $1,000 would earn $1,500 for a $10,000 auction, but earn $1,000 for a $5,000 auction.Mar 8, 2011, On-site Buyers Premium 10% Absentee Buyers Premium 12% On-site Automobilia Buyers Premium 15%Jul 3, 2019. He then transitioned into working as an auctioneer and eventually founded his own company in 1988. Dana Mecum is an American businessman who has a net worth of $50 million. The selection of cars eight Pontiac GTOs spanning from 1964 to 1970 . Is it a buyers market or a sellers market? Dana Mecum is a wealthy American businessman with a fortune of $50 million. Mecum Auction salaries are collected from government agencies and companies. Shraddha Srinath Wiki, Profile, Boyfriend and Biography, [pii_pn_f86b2fdecfe6b2e8] Error Code Solved, [pii_pn_f1e85c1e061f868515cc] Error Code Solved. View Dana Mecum's full profile. Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. Dana Mecum Birthday If you want to celebrate Dana Mecum birthday then you can celebrate in 1954. Everyone likes to know about celebrities and their life. What percentage do most auctioneers take? Dana White. Mecum supports companies that work to broaden the reach of education because it supports this view. Mecum had to wait more than 15 years before the auction business was profitable. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. Dana Mecum Date of Birth Dana Mecum date of birth is 1954. Dana Mecum, an American businessman with a net worth of $45 million, is a well-known figure in the United States. In his spare time, Dana enjoys his personal car collection, which he started in the mid-1990s by purchasing mostly American high-performance, vintage racecars, Corvettes and muscle cars. Advertisement. Its normal to expect to pay a higher price for better results, so a higher price is justified. State Farm Stadium. 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. Buyers pay a 5% fee on top of the final sale price to BaT, with a minimum of $250, and capped at $5,000. Where does Dana Mecum of Mecum Auction Live? seller He has been in the auction business for over 30 years and has been involved in the sale of some of the most iconic cars in history. We know that Dana is married at this point. The collection includes some rare, desirable, and low-mileage GTOs. Though the company, which has been moving cars since founder Dana Mecum's first sale in 1988, is based in Wisconsin, it lives on the. Dana Mecum was born in Monmouth, Illinois, in 1954. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. She has maintained her body weight at 50 kg. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. What is Frank Mecum net worth? Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. In 2022, Dana Mecum's net worth was estimated to be $45 Million. As of February 2023, George Clooney's net worth is approximately $500 Million, making him one of the most sought-after A list actors in Hollywood, and one of the richest actors in the world. Take a closer look at the cars below. His wife's name is Patti Mecum. Residential Links: www.mecum.com By: Champion3 Advertisement Around the World Mailing List @ 2016-08-27 09:02:14 Anonymous @ 2017-05-20 21:58:25 Advertisement Gregg Kunes' house Yerkes Observatory James Athan's house South Shore Club 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. In 2018, the Ferrari 250 GTO by Scaglietti chassis no. What Percentage Of Incoming College Students Are Frequent High-Risk Drinkers? Richest Business - Page 2 | Celebrity Net Worth Dana Mecum is an American businessman who has a net worth of $50 million. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. "Some of them I have owned multiple times. Age in 2023 is 69 years old. Age in 2024 is 70 years old. Age in 2025 is 71 years old. Barrett-Jackson differs from Mecum's in that it places reserves on only very few high value cars and as a result Barrett-Jackson's sell through is in the 98% range. She steals the audience with her hazel brown hair color. Also know about Dana Mecum bio, salary, height, age weight, relationship and more 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). Dana Mecum birth day is 1954. If you continue to use this site we will assume that you are happy with it. Seller checks are then mailed within 5-7 business days. Learn more about Dana Mecum Net Worth from our Websites analysis here on IPAddress.com. . Dana Mecum was born in 1954 in Monmouth, Illinois, the son of Edward Mecum, a well-known fleet salesman. The series takes a behind-the-scenes look at Mecum Auctions, America's biggest collectable car auction facility. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. What Is Dana Mecum's Net Worth2023? He is known for his work in the collector car industry. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. In addition to the entry fee, Mecum Auction charges a commission for sellers. Dana Mecum is a famous American auctioneer and collector of muscle cars. He amassed his fortune thanks to his passion for cars. What is the most expensive car sold at Mecum auction? He amassed his fortune thanks to his passion for cars. Twenty years ago, all Duesenbergs were worth a million bucks. The whole family has a hand in running the company. Links: www.mecum.com. . Altogether in 2017, Mecum will handle some 20,000 consignments, including 14,000 cars, and generate revenues in excess of $400 million. Who is Trey Kennedy? Source: Mecum Auction, Inc. #### The businessman Dana Mecum is a married man. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame. Categories:Richest BusinessNet Worth: $45 Million. 7 When do Dana Mecum Pontiac GTOs go on sale? For instance, there's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965. While its impossible to calculate the exact amount Dana Mecum is worth, we can use publicly available information such as salary, investments, businesses, endorsements, and other income to estimate a net worth for 2022. He is the founder of Mecum Auctions, the world's largest collector car auction company. Thirteen vehicles reached seven-figure sale prices.Jan 18, 2022, If your bid is successful, you will pay Mecum buyer fees. Your email address will not be published. By Champion3 @ 2012-08-14 13:32:31. Pin Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. 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. As for how much of a net worth you need to fly private, a minimum net worth of $25 million is suggested. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. With a $25+ million net worth, spending $30,000 roundtrip to a destination two hours away is very digestible. Dana Mecum profession is: Richest Businessmen. star. Who sells more cars Mecum or Barrett Jackson? To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Required fields are marked *. Remi is a fantastic entertainment content writer. One lucky buyer at Mecum's auction held in Kissimmee, Florida, last week took home a piece of history. What Is Dana Mecums Net Worth? Ive to click one star to be able to give them reviews. Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wisconsin. Mecum Auctions is a company that specializes in the sale of collector and antique cars. What is the Mecum rule? The average price of a car at Kissimmee has increased every year. How much commission do car auctions take? So looking at the number of cars sold the nod goes to Mecums with 1,811 cars sold, 35% more than their Scottsdale rival Barrett-Jackson who sold 1,343. If you have a $25+ million net worth and earn at least $680,000 a year in active income (not . Dana Mecum is 68 years old in 2022. Dana Mecum date of birth (DOB) is 1954. Dana Mecum is an American businessman who has a net worth of $50 million. Manage Settings Take a closer look at the cars below. Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. Uncategorized. Dana Mecum is an American auctioneer and founder of Mecum Auctions. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. star. Dana Mecum is an American businessman who has a net worth of $50 million. Dana Mecum and the entire staff at Mecum auction say THANK YOU to all those who participated in the 25th Annual Original Spring Classic! By clicking Sign up, you agree to receive marketing emails from Insider Today, Frank is Mecum's Vice President of Consignments and Dana's right-hand-man on the auction floor as a seller's representative. 3413 GT sold for $48.4 million and is currently the record . The entire family is heavily involved in the business. The issue started when media outlets mistook and started reporting Mecum as deceased after reading an obituary for his recently deceased good friend Bill Grams. Danas first love was cars. Dana has eight known connections and has the most companies in common with David Magers. Depending on the deal, they may also receive bonuses.Apr 5, 2021. Alesis Surge Vs Nitro 2023: Top Full Review, Guide, What is Adnan Khashoggi Net Worth 2023: Full Information, What is Daniel Day Lewis Net Worth 2023: Overview, Interview, What is Jen Ledger Net Worth 2023: Overview, Interview, How To Play The Harp? It comes with a price tag, starting at $196,000. Who are the announcers for Mecum Auctions? Required fields are marked *. Fortunately, the company made a big investment in its online auction platform in January,. Katie Osborne, a reporter for Mecum on NBC Sports, says anyone who has an appreciation for classic and collector cars can get in on the action. Dana Mecum net worth is $45 Million in [year]. 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