- May 16, 2009
Shelby Daytona Coupe a $6.8 million no-sale at Mecum auction
Click above for a high-res gallery of the Shelby Daytona Coupe CSX2601
There was plenty of hype leading up to Mecum's Spring Classic Auction this weekend, and rightfully so. Up for grabs was the 1965 Shelby Daytona Coup -- one of six ever made -- that clinched the FIA World Championship. Bidding was expected to reach into eight figures, with the potential to break several records for cars sold at auctions.
In a packed house filled with excited bidders and spectators, the Daytona Coupe finally crossed the block last night. Bidding started at a respectable $4 million, quickly went to $5 million, $5.5, and then $6.5. Then bidding slowed, eventually stalling out at $6.8 million. An astronomical sum of money, but not enough to reach the reserve price. With no one willing to bid higher, the Daytona Coupe rolled away unsold. However, Dana Mecum was confident that the car would eventually sell, saying "I'll think we'll get a deal done by the end of the weekend," but unfortunately no auction records were broken.
Several other notable Shelbys were no-sales as well, including a 1964 Cobra 289 competition model that reached $1.3 million, a 1963 Cobra 289 with a high bid of $525,000, and a 1966 Cobra 427 S/C that also hit the $1.3 million mark without finding a new buyer. The top sale of the auction was a 1966 Ford GT40 that went for a gavel price of $2,300,000.
Edit - we've been informed that the 1966 Cobra 427 S/C sold for $1.165 million as part of the Mecum Bid Goes On on Friday after the car went off the block.
[Source: Discovery HD]