Primarily Petroliana Shop Talk Forums Shop Talk Petroliana Forums Petroliana News Mecum auction in October

So, let me get this right. You have to pay $150.00 to be there, buy an item and then get spanked with a 21% buyers fee/tax? I'm in the wrong freaking business!

miles
I'll get a gold pass and will bid on everything you want all year long,if you pay me $100 for each show & pay their fees too.

So why does Mecum not tell condition of signs? I watched another auction of theirs and many items were said to be repaired, had reserves per guys at auction. What are we hiding, yet want all the fees just to bid or attend.

Greed usually does not end well

if you've ever actually been to one of these sales its pretty surreal. They do a big countdown before the sale pumping up everyone's adrenaline blaring rock music through concert quality speakers and then its off to the races and they don't stop till its over. They don't skip a beat, instantly rotating in fresh auctioneers after every couple lots and their people deftly working the crowd, prodding bidders along. It's amazing to watch people get caught up in it-anyone can justify high prices on good quality stuff but I watched I guy pay $400 for a common gargoyle that he could have easily obtained on ebay for $100!

this auction does have reserves on all lots

^^^ I'd recommend calling them. Everything is more confusing when going thru Mecum's website, cause most of the forms are for auto sales. They are usually easier to deal with by phone

Does a guy have to pay the $150 fee to bid online also?

Mecum Auctions
(262) 275-5050

I don't believe so, just register at bidnow.mecum.com

even if you only wish to bid online there is a non-refundable "registration" admin fee for each individual sale unless you have purchased your $500 gold pass for the year. Call mecum auctions and ask for Debbie Rowan w/ bidder registrations. These reg fees ofcourse are exclusive of the credit card deposit you must also commit to before bidding.

I had an employee look into this. After they spoke to Dana and Dan Mecum it was confirmed "Everything is NO RESERVE" !!

Folks,

Going through the pictures of the “auction”, something grabbed my attention: the BIG 47-inch MUSGO sign.

I thought there was only one in existence that was sold in recent "auction".

Am I correct?

Hen

There are a number of Musgo signs known to exist. Most were used as septic tank covers when the Musgo refinery and buildings were purchased by a Michigan plumber. Most were dug up from underground quite a few years ago by early collectors, so no, there are a few around.

Thanks for the heads up, Luke!