This Caddy was the top seller on Sunday at the Mecum Kissimmee auction.

Mecum’s 2016 Kissimmee, Florida auction is currently underway with some surprising results coming in on the first weekend of the event. The auction began at Osceola Heritage Park on Friday, January 15th, going through Sunday, January 24, making it one of the largest auction events for the year.

We expected to see some high selling prices on hot rods coming through this auction, due in large part to the trend in collector cars in the past two years, and the recovering economy. The hot rod hobby has never been stronger and seems to be picking up speed as people realize that the most popular legends in the sport are dying off. Whatever the reason for the upswing in hot rod prices, this year is starting to show signs of being a record-setting year. 

According to Mecum’s Manager of Communications, David Morton, Sunday’s action closed with some exceptional, and surprising top five sellers for the day.  The biggest price tag of the day went to a 1953 Cadillac Eldorado Convertible that crossed the block at $85,000.

The Caddy was one of only 532 produced in 1953. With the matching numbers 331ci V8 engine, and original transmission, the classic luxury machine was a frame-off restoration.

This Corvette represents a nut and bolt restored car with modern upgrades.

A 1967 Chevrolet Corvette Coupe saw the gavel hit at $61,000. The nut and bolt restoration coupe featured the legendary 427ci big-block with four-speed manual transmission. Complete with a 427 Stinger hood, the silver Vette with black interior represented a restomod type musclecar, fetching a higher price than we would have expected.

This classic and sleek hot rod captured bidder’s attention.

The third top seller of the day was a clean 1937 Ford Street Rod. Packed with a 355ci V8 engine and professionally built with a Ford 9-inch rearend, and sitting on an air ride suspension, this sleek rod brought $50,000 from the new owner.

The auction continues through the weekend. The buzz on the block can be followed on Mecum’s social media sties. For more information, visit them at Mecum.com