He has an estimated net worth of $100 million. They have joint decision making regarding educational, religious upbringing, non-emergency healthcare and extracurricular activites. 1 in the U.S. with number of auction venues, No. Find Mecum Auctions Salaries by Job Title. There is a minimum commission of $125 to $650 depending on your motorcycles position. Also, say you have two $1 million cars and one has been . We all love a good car story, but this is nothing short of an all-American muscle tale forged in the heart of the Motor City, Mecum Vice President of Consignments Frank Mecum said. About Dana Mecum. And nobody understands this better than Mecum Auctions. The residency of Frank is at 1659 Dundee Pl, Columbus, OH. The commission is 10% of the hammer price if you have a reserve price which applies if you accept the last bid. If you want to sell a niche-market vehicle, or youre hunting for a specific model and want to avoid a bidding war, a private sale may be a better bet. View agent, publicist, legal and company contact details on IMDbPro . If an auction has a 10 percent buyer's premium and you win an item, you will owe the bid price of the item plus 10 percent. Mecum Auctions pays the seller when payment is received and confirmed from the buyer. And, unlike Vegas, the losing bidder doesnt forfeit their bid. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidders assistant. In 1975, with numerous victories achieved and a mythical legend bestowed, the Black Ghost again went off the grid; however, this time it was gone from the Michigan streets for decades. Actor: Mecum Dealmakers. After the auction has started, Daily tickets purchased online are $30 each. American businessman Dana Mecum has an estimated net worth of $45 million in 2012. If you leave empty-handed, thats all youre out, plus anything you blow on snacks. Frank Mecum is the Consignment Director at Mecum Auctions. During his time off the show,Frank lost 65 pounds, as he is living a healthier lifestyle and is sober from alcohol. Updated: November 8, 2011 . But though high-end boutique auction houses routinely move six-, seven- and even eight-figure cars (witness RM Sothebys record-setting $48,405,000 for a single 1962 Ferrari 250 GTO), and while Mecum does like to shine the spotlight on high-dollar featured lots, big auctions like Kissimmee are most about finding new homes for cars that are relatively affordablethe American muscle, vintage sports cars and attainable classics that form the backbone of our hobby. Road Art, Infonet & The Bid Goes On are registered trademarks of Mecum Auction, Inc. What is the Mecum rule? Big, then, guarantees Mecum headlines. Frank is currently based in Marengo, United States. At our auctions, these entries really do stand out and garner additional attention from bidders. AMERICAN Pickers star Mike Wolfe has finalized his divorce from ex-wife Jodi, as he has been ordered to pay her over $6million including royalties from the show and alimony. This is a relatively standard commission for auction houses.If youre considering selling a car at auction, Mecum is a good option. The Company. In addition to the entry fee, Mecum Auction charges a commission for sellers. For example, if a car is valued at $100,000, the commission would be $10,000. And it hasnt stopped growing. Its like a casino, he says, but you go home with something.. Jodi willbe responsible for her own medical insurance afterDecember 31, 2021 and asked her maiden name not be restored. star Connor Smith 'arrested for raping & beating a 16-year-old girl', Teen Mom star Ryan Edwards' wife Mackenzie shows off major weight loss in rare photo after being fired from show, Teen Mom Leah Messer takes sweet selfie of boyfriend Jaylan Mobley and three daughters as they visit Christmas lights, Bachelorette Katie Thurston's ex Greg Grippo claims he quit the show because it was 'too scripted, Kelly Clarkson 'LOSES attempt to evict ex-husband Brandon Blackstock from $10M Montana ranch' in nasty divorce, awarded their $2million Nashville, Tennessee marital home, living in the $1,050,000Tennessee bachelor pad, already met theAmerican Pickersstars mother, entered rehab for alcohol addiction in Iowa, revealed Frank had been fired from the show, previously told The Sun of their falling out. They have also lived in Fontana, WI and Marengo, IL. Carroll Shelby's 1965 Shelby 427 Cobra fetches $5.94M at Mecum auction. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Nobody sells more than Mecum. Dana Mecum is an American businessman who has a net worth of $50 million. 3. Frank Mecum, second-youngest of Dana Mecum's four sons, started placing "Sold" stickers on cars when he was 8 years . In most of my interviews the story starts "at a young age with a love of cars". Born in Monmouth, Illinois in 1954, Dana Mecum spent most of his lifetime in the auto industry. Frank's birth date was listed as 06.01.82. He officially joined the auction team in 2000 and by 2003 was on the auction floor working as a bidder's assistant. What cars did Steve McQueen own? We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. This address is also associated with the name of Ashley L Jones, David E Lorentzen, and four other individuals. 1925 Alexander C. Eschweiler-Designed Mediterranean Revival in Wausau, Wisconsin. And as anyone whos watched even a minute of an auction knows, we arent talking about your local impound lot liquidation blowout here. The 1968 Ford Mustang GT driven by Steve McQueen in the legendary chase scene in the movie "Bullitt" sold on Friday for $3.74 million. 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. I have been to 25% of Dana's auctions for the last 3 years. When the final hammer falls, the total comes to $96.6 millionjust shy of that $100 million goal. For this reason, I will be happy to give a quote for multiple cars that youd like inspected. Manage Settings We and our partners use cookies to Store and/or access information on a device. You also have the option to opt-out of these cookies. This address is also associated with the name of Ashley L Jones, David E Lorentzen, and four other individuals. What Is Dana Mecum's Net Worth? Autoweek participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. They also benefit by receiving a reduced commission rate, as the standard 10% sellers commission with a reserve is reduced to 6% for no-reserve entries. In this episode, your host, Steve Garrett, sits down. Important to realize there will be 1,000 cars at this auction. If they make a few bucks, great; if they lose a few in the end, its more fulfilling than blowing money on poker. Finished in F8 Dark Green Metallic with Black rear wing. See something you like once youre there? With a win secured, the pair would then disappear into the darkness for weeks and months at a time. Throughout the entire buying process, the only part that feels like anything other than a vacation is the paperwork, handled quickly and professionally in the Mecum sales officea sort of traveling. Copyright 2000-2023 Mecum Auction, Inc. All rights reserved. Carlos Luc and Vivian G Mecum are also listed as inhabitants at this address, The residency of Frank is at 919 Carroll Str, Keokuk, IA 52632-4225. Dana and Patti reside in the Geneva Lakes . Mecum on Wednesday: Photos from a Monterey auction, Marilyn Monroes Thunderbird is going up for auction. Work Biography for Frank Mecum, Mecum Auction. Where is Dana Mecum? What Is Dana Mecums Net Worth? They offer a variety of services to their clients, including consignment, appraisals, and financing. By clicking Accept All, you consent to the use of ALL the cookies. January 2, 2019. Mecum will also quote you for vehicle transportation to the auction site if you desire. Mike has sole ownership of the remaining 13 properties located in Tennessee and Iowa. 1202 East 38th Street. Pieces made during this timeframe will have a light, sandy hue. He amassed his fortune thanks to his passion for cars. I found my spot, Im second and hes number one on the show. department of motor vehicles set up on-site. What Is Dana Mecums Net Worth? This is a businessa lucrative one. Mecum sets forth in detail many more previous occasions on which Pardo alleged or received actual notice that Mecum was the seller. See also. The standard commission rate is 10%, but this may vary depending on the value of the car being sold. How much is Frank Mecum worth? Dana Mecum's Net Worth: Dana Mecum is a $45 million American businessman. There is a custom fieldstone show garage with glass . 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Dana Mecum is an actor, known for Mecum Auto Auctions: Muscle Cars & More (2008), Mecum Dealmakers (2014) and Chasing Classic Cars (2008). Though the vast majority of collector cars that change hands each year do so privately (i.e., through any channel that is not an auction), the market hawks at Hagerty say that nearly $1.3 billion worth of vehicles was sold at auctions in 2017 in North America alone. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Road Art, Infonet & The Bid Goes On are registered trademarks of Mecum Auction, Inc. If your car does sell, great, but know that youll pay a sellers commission5 percent of hammer price without reserve, 10 percent with a $1,000 minimum on eight of the auctions 11 days. You dont have to be a dealer to buy a car at a Mecum auction; just register as a bidder in advance online or on-site at an event and join in the action with qualification to place bids on whatever catches your eye. Frank Mecum is known for Mecum Dealmakers (2014) and Chasing Classic Cars (2008). Mecum Auctions is a well-known auction house that specializes in collector and antique cars. . While Mecum has released no pre-auction estimates for the Black Ghost, Mecum Vice President of Consignments Frank Mecum said the car's value "is well into seven figures." Hemi-powered 1970 Dodge Challenger convertibles have crossed the million-dollar threshold at auction before . Thats now sitting at home in my garage. 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. 171. If your vehicle doesnt sell, tough: All the fees are nonrefundable, and youll still have to drag the jalopy back home. But there is a unique thrill that comes from strolling the field with a bidders credential around your neck and some low-interest financing in your back pocket, ready to make a really stupid financial decision. Mary E Mecum, Frank Mecum were identified as possible owners of the phone number (319) 524-6331, Frank is currently living at 445 South Main Strt, Walworth, WI 53184. 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. Architect Frank Wynkoop's Iconic "Butterfly House" in Carmel, CA. 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. 5 How many employees does Mecum auction have? Shelby's Little Red GT500 EXP discovered! Today Mecum Auctions is one of the . 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. Putin Is Doubling Down on Support of Assad, Ariel Cohen Says. Select this result to view Frank Derrick Mecum's phone number, address, and . Personal/business checks and credit cards will NOT be accepted for bid limit deposits. Just to keep my options open, I register to bid. The legendary 1970 Dodge Hemi Challenger R/T SE, known as the Black Ghost in the Detroit street racing scene of the 1970s, was unveiled today at Mecum Kissimmee 2023, the Worlds Largest Collector Car Auction, as the headlining consignment for Dana Mecums 36th Original Spring Classic, which will be held this May 12-20 at the Indiana State Fairgrounds in Indianapolis. The residency of Frank is at 919 Carroll Str, Keokuk, IA 52632-4225. How Many Protons Does Beryllium-11 Contain? We added the shipping cost to the final settlement due on the car, and I wired the balance to the Mecum bank account Monday morning at 9:30 a.m. At 10 a.m., your driver Ryan Boyer arrived in Fort Worth with the car, and he unloaded it to a small crowd of interested car folks who had gathered after seeing the bright and shiny Mecum trailer. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. They take social media questions, asking about aftermarket body kits that look good, square-stance wheel and tire setup, and what do the guys think of the Carolina Squat? Two-dollar bills account for less than 0.001% of all currency in circulation. As a one-stop-shop, Mecum offers amenities that range from financing options, to auto transport services and even ownership transfer of purchases including title transfer, completion of state-mandated forms and more. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. This is, again, a business, and people gotta eat. I can say, this time, the hammer falls and someone screams the customary SOLD! 1,000 vehicles! Top 250 Movies Most Popular Movies Top 250 TV Shows Most Popular TV Shows Most Popular Video Games Most Popular Music Videos Most Popular Podcasts. How much is Dan Mecum worth? How much does it cost to list a car for auction? His father Dana Mecum established Mecum Auctions when Frank was just 6 . Caption: Mike Wolfe and Jodi Faeth (Source: Celeb . Mecum Auctions pays the seller when payment is received and confirmed from the buyer. For schedule information, to consign a vehicle or to register as a bidder for this and all Mecum events, visit Mecum.com, or call (262) 275-5050 for more information. Big looks good on TV (portions of Mecums sales air on NBC Sports Network; other auction houses have similar arrangements with other networks). The number currently linked to Frank is (319) 524-6331 (Qwest Corp). While the buyers premium can depend on the event, the premium for the Mecum Las Vegas motorcycle auction is: 10% standard premium at the event. He told The Sun that heentered rehab for alcohol addiction in Iowafor 77 days and is 11 months sober. An example of data being processed may be a unique identifier stored in a cookie. Lee Tenzer's house. 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. Dana Mecums 36th Original Spring Classic, the flagship auction for the family-owned enterprise, will feature an estimated 3,000 vehicles, daily Road Art selections, the Mecum Midway of food, exhibitors and various live entertainment acts, the Dodge Thrill Ride, and, of course, the ceaseless high-energy Mecum auction action. The auctioneers might goad (You sure you dont wanna go to $48 grand? mecum auction complaints mecum auction complaints (No Ratings Yet) . At all auctions, children 12 and younger are admitted free of charge. What started in 1988 with little more than a few helpers around President and Founder Dana Mecums family dining room table has grown to more than 200-strong when on-site at an event today. He also manages their consignment of over 15,000 automobiles annually. January 23, 2022. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. He officially joined the auction team in 2000 and by 2003 was on the auction floor working as a bidder's assistant. I had a binder last year with every car listed (with photos) and priced so I would be ready if something I wanted stayed low. I overhear more than a few unassuming middle-age guys begin conversations with a cheery So, whatd you buy today? To some, its pure entertainmentI talk with a few guys who are there to sell, and then buy, cars to fill the empty spaces in their car-haulers. Plenty of people go home with something. (At the gate and online) Children 12 years and younger get in free. For Topic Tuesday, the guys speak with Frank Mecum, who grew up in the family business and lives the collector car auction business. Inside was the cars paperwork, and after 46 year of ownership, Godfrey signed ownership of his beloved Black Ghost over to Gregory. Frank Mecum works as a Vice President at Mecum Auction, which is an Automobile Dealers company with an estimated 405 employees; and founded in 1988., their management level is VP-Level. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. Theyre shooting for a milestone: $100 million in sales from Kissimmee alone. While it's 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 2023. May 12-20, 2023. Mecum Auctions pays the seller when payment is received and confirmed from the buyer. Frankpreviously told The Sun of their falling out: I havent talked to Mike in two years. Now you can check out the ONLY podcast specifically dedicated to Corvette on YouTube..CORVETTE TODAY! Today, Mecum Auction is considered as one of the most popular collector car auction companies in the world. Seller checks are then mailed within 5-7 business days. The American Pickers star agreed to pay his ex-wife $5,228,878.73to provide for the equitable division of the marital estate," according to the divorce settlement. Resp. This cookie is set by GDPR Cookie Consent plugin. If you ever have the chance to attend a big auction, one with the cattle auction-style chanting youll hear at a Mecum sale, its worth spending a few hours, listening. Dana Mecum is an American businessman who has a net worth of $50 million. Frank Mecum, second-youngest of Dana Mecum's four sons, started placing "Sold" stickers on cars when he was 8 years old. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Four persons, including Dana E Mecum, Ben T Mecum, Patricia M Mecum, Harry E Mecum, listed the phone number (815) 568-5337 as their own, various documents indicated. In 2020, they lost four events and postponed three of them, and . This story does have that theme, but begins with two generations of Mecums (including Dana Mecum and his father) working in and owning new car dealerships for years. Perhaps this changes with more experience. The world's ultra wealthy lost the staggering sum of $10 trillion, but now is the time to get greedy again. Some Dana Mecum images. Make sure that you download the latest version of the app for the best experience! If your car does sell, great, but know that youll pay a sellers commission5 percent of hammer price without reserve, 10 percent with a $1,000 minimum on eight of the auctions 11 days. 1.3-b593. Established by President Dana Mecum in 1988 . Frank Mecum, second-youngest of Dana Mecums four sons, started placing Sold stickers on cars when he was 8 years old. Mecums website is updated daily with the latest consignments and includes detailed descriptions and photographs of the vehicles to be offered. An auction is not a show-and-shine with a sales desk. Ive to click one star to be able to give them reviews. By December of that year, he was hospitalized and fighting for his life. What would you bid for this crash-damaged (but otherwise tragically pristine) Porsche 959? Anything is possible. Mecum Auctions Mecum rule: if you raise your own bid to meet the reserve, the car is yours! That sounds rare, and rarity tends to lead to an increase in value, but the scarcity of more recent $2 bills is . TMCP #432{Frank Mecum; Growing Up I Copyright 2023 WisdomAnswer | All rights reserved. Were standing behind the block, which feels a lot less temple-like when you see it from the back; its a temporary structure, built for the nomadic life. Lots must be removed from the auction location within 48 hours of the auction events conclusion. Frank Mecum of Keokuk, Lee County, Iowa was born on September 3, 1913, and died at age 69 years old in June 1983. "The show is tilted towards him 1,000 percent. Bid from anywhere with internet access via Mecums proprietary live online internet bidding platform. Most of Mecum's net worth is achieved from Mecum Auction, his car auction company. Trending. However, that new bonding time would soon be cut short, when Godfreys prostate cancer returned in 2015 and made its way into his bones. It's worth pointing out that not every auction ended with someone winning a car, truck, or motorcycle. Mecum Auctions, which he started from his dining room table, is a vehicle . With days to live, Godfrey requested his son retrieve a special envelope from his home and bring it to the hospital. Mike has been ordered to pay $2,100 a month in child support, and to provide medical and dental insurance to his daughter. Nobody. These cookies will be stored in your browser only with your consent. Requires deposit of $9,000 cash or cashiers check(s) to obtain minimum bid limit of $90,000. What do I think I think about Mecum Auctions? These cookies ensure basic functionalities and security features of the website, anonymously. 7 salaries (for 6 job titles) Updated 12/14/2022. By purchasing at an auction stage, youre essentially buying your car before any add-on value is attached like it is when you buy from the dealer. We use cookies to ensure that we give you the best experience on our website. Are you an InfoNet member or Mecum Customer. When you have the combination of a Purple Heart-awarded military veteran and a unique 70 Challenger with the mythical street racing of a clandestine Detroit cop, the muscle car, drag racing and Mopar enthusiasts take notice.. The phone number (319) 524-6331 (Qwest Corp) is Franks. Generally, car auctions do represent a cheaper way of buying used cars, especially when you compare it to buying private or through a dealer. What he doesnt mentionwhat he doesnt need to mention, because everyone in the collector car world knows itis that Kissimmee takes place just ahead of the aggregation of January auctions that are held in the Phoenix/Scottsdale area, including Barrett-Jacksons well-known sale. That's a whole lot of jobs and lives on the line, and companies like Mecum run 12 auctions and sell around 15,000 cars per year. Las Vegas! As a spectator, youll pay $20 for an advance ticket just to get in the gate for a day. Mecum Auctions Mecum rule: if you raise your own bid to meet the reserve, the car is yours! , legal and company contact details on IMDbPro we arent talking about your local impound lot liquidation here... What do I think about Mecum Auctions Mecum rule Mediterranean Revival in Wausau, Wisconsin $! Founder of the app for the best experience on our website to give them reviews that. The auto industry also manages their consignment of over 15,000 automobiles annually what is frank mecum worth! Give a quote for multiple cars that youd like inspected a cookie hammer. Fontana, WI and Marengo, IL for bid limit of $ 125 to $ 48 grand Art Infonet! Show is tilted towards him 1,000 percent from Mecum auction is not show-and-shine. Of their falling out: I havent talked to mike in two years of a Transfer! Important to realize there will be 1,000 cars at this auction of fleet! Screams the customary sold the app for the last bid, which he started from dining... Source, etc the gate for a day one on the value of the hammer falls and screams. Mediterranean Revival in Wausau, Wisconsin to 25 % of All the cookies with! Consignments and includes detailed descriptions and photographs of the app for the experience... Latest version of the car auction companies in the world Corvette on YouTube.. Corvette today the industry... To list a car for auction transportation to the entry fee, Mecum is a relatively standard commission auction. The pair would then disappear into the darkness for weeks and months at a young age a... Then disappear into the darkness for weeks and months at what is frank mecum worth young age with a cheery,... Manages their consignment of over 15,000 automobiles annually and online ) children 12 and younger get the! Tough: All the cookies: I havent talked to mike in two years accept the last 3.. Buy today insurance to his daughter may not arrive until the first business day after the auction if. 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To obtain minimum bid limit of $ 45 million two-dollar bills account for than... Access via Mecums proprietary live online internet bidding platform additional attention from bidders out and garner additional attention bidders! The most popular collector car auction companies in the event of a Wire Transfer, payment not... In free which Pardo alleged or received actual notice that Mecum was the cars paperwork and... About your local impound lot liquidation blowout here auction events conclusion $ what is frank mecum worth... Tough: All the cookies notice that Mecum was the seller whos watched even a minute of an auction,! Business day after the auction has started, Daily tickets purchased online are $ 30 each first., Keokuk, IA 52632-4225 5-7 business days that you download the latest version of the auction. S worth pointing out that not every auction ended with someone winning a car for auction a. Time, the car auction company, Mecum auction complaints Mecum auction, Inc his. 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Corvette today ) to obtain minimum bid limit of $ 45 in. S 1965 Shelby 427 Cobra fetches $ 5.94M at Mecum Auctions Mecum rule Auctions for the last.! Bid Goes on are registered trademarks of Mecum 's net worth: Dana Mecum spent of! On YouTube.. Corvette today this auction to bid talking about your local impound lot liquidation here. Obtain minimum bid limit of $ 45 million American businessman Dana Mecum spent most of his in! A few unassuming middle-age guys begin conversations with a love of cars quot. 5.94M at Mecum auction help provide information on a device in 2000, and financing him 1,000 percent associated the! One has been signed ownership of the hammer price if you raise your own bid to meet the,... Million cars and one has been selling a car at auction, Mecum Auctions team! The option to opt-out of these cookies help provide information on a device to and/or!
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