ST. CHARLES ? Whether buyers spend $10,000 to $15,000 on a car to enjoy on cruise nights or hundreds of thousands of dollars on a higher investment, Sam Murtaugh said the Mecum 2012 Fall Premier Auction in St. Charles this week will have it all.
?It?s basically a huge car show where everything is for sale,? he said.
Murtaugh is the marketing director for Wisconsin-based Mecum Auctions, a company that specializes in the sale of collector cars, offering more than 12,000 vehicles a year.
Today begins Mecum?s annual three-day auction at Pheasant Run Resort ? a location Murtaugh said gives out-of-town attendees an opportunity to take in one of Chicago?s ?premier suburbs.?
Gates open daily at 8 a.m. The auction begins at 1 p.m. today and 10 a.m. Friday and Saturday. It will be broadcast live on Velocity, a men?s cable network, on Friday and Saturday.
People can register to bid on site; there is a $100 bidder registration fee. Admission is $15 a day and free for children 12 and younger.
?We?re a real family-oriented company,? Murtaugh said.
This year?s auction will feature about 1,000 vehicles, he said. Typically, about 70 to 75 percent of the cars sell.
A 1954 Chevrolet Corvette drag car known as ?The Pizza Man? is headlining the auction. Earl Britt, the owner and driver, raced it across the Midwest and at national events from 1962 to 1971, earning it the title of ?World?s Fastest Six Cylinder Corvette.?
Chicago area collector Mike Guarise will offer his collection of ?Red Cover Girls? ? classic GM red muscle cars from 1970 that appeared on magazine covers.
A catalog of the vehicles is available at www.mecum.com. There, people also can sign up to access the sales results, Murtaugh said.
?People like to follow along,? he said, adding some treat it as a guessing game while others use the information to determine what their car might be worth.
Source: http://www.kcchronicle.com/2012/10/21/pheasant-run-resort-to-host-car-auction/a8imo16/
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