Mecum is a pretty big auction house. It averages more than one auction per month, often ranging anywhere between 700 lots and 3,000 lots, with a general average of at least 20,000 lots per year. Every year, Monterey Car Week serves as a big venue for Mecum and normally accounts for a large volume of car sales. This year was no different, with Mecum pulling in $19,470,000 from the top ten cars that went under the hammer. Of course, Mecum wasn’t the venue that saw the first Shelby Cobra – the CSX 2000 – sell for a record-breaking $13.25 million, but its top 10 didn’t pull in peanuts either.

Of course, the top 10 list is littered with beautiful examples from Ferrari, McLaren, and Porsche, but there was a 1965 Shelby Cobra and a Bugatti Veyron that held their own pretty well and landed in big seller’s circle. The biggest seller at Mecum’s auction last week was a 2014 Ferrari LaFerrari, which was one of three made in its respective color and had very low mileage, selling for a whopping $4.7 million. But, before I go too far into specifics here, let’s dive on in and look at all of the top 10, starting with a 2011 Ferrari 599 GTO that took 10th place.

Keep reading to learn about the top 10 sellers during the 2016 Mecum Auction in Monterey

No. 10 - 2011 Ferrari 599 GTO

This 2011 599 GTO is one of just 599 that were ever produced and comes with just 1,965 miles on the clock. Built in the shadow of the Ferrari 599XX, and powered by a 661-horsepower, 6.0-liter V-12, this production model was the fastest road-legal Ferrari of its time. Backed by an F1 Superfast transmission, F1 traction system, Magnetorheological suspension, carbon ceramic braking system, this baby can hit 60 mph in a matter of 3.35 seconds on the way to 208 mph. This specific model features red Alcantara interior, special order Pearl White exterior paint, a custom set of black and red 20-inch wheels, a Virtual Race Engineer performance monitor, and is autographed by the engineers that built the car. Originally estimated to sell for between $750,000 and $900,000, this fine example fell a little short, bring in just $680,000 before the hammer dropped. It might be $70,000 short of estimates, but it was still enough to make it the 10th most expensive car sold at Mecum’s Monterey auction.

Read the full review here.

No. 9 – 1968 Lamborghini Miura P400

The fine model you see here is an early production model with matching numbers from front to rear. Powered by a quad-cam 3.9-liter V-12, this baby comes with 350 horsepower and 300 pound-feet of torque on tap. It might not sound like much by today’s standards, considering we now have a 350-horsepower Ford Focus running about, it was quite a big deal back in the late 1960s. Powered was delivered to the rear wheels via a five-speed manual transmission, propelling the car to 60 mph in 6.3 seconds or 100 mph in 14.5 seconds. Top speed was rated at 163 mph, which was a pretty big deal 50 years ago. With a red exterior and black interior, this example was sold with extensive service records and just 45,590 km on the odometer. It has been owned by a single family since 1985, and its engine was rebuilt back in 1997 at around 39,000 km. Originally estimated to sell for $750,000 to $900,000, this beauty pulled in $790,000 by the time the hammer dropped, making it the ninth most expensive car sold at Mecum's Monterey auction.

Read the full review here.

No. 8 – 1965 Shelby 289 Cobra Roadster

The Shelby Cobra is one of the most iconic cars in automotive history – there’s no denying that. The model here didn’t pull nearly as much as the first Cobra (CSX 2000), but it sure did pull in a pretty tidy sum. The car you see here is chassis No. CSX 2549 and is – according to the Shelby Registry – one of less than 20 small-block Cobra’s built with a C4 Automatic transmission. With a long, and well-documented history, this specific vehicle has changed owners a number of times, and at one point was repainted from silver to black. It was eventually repainted to restore the original and correct Silver exterior finish. It features the factory correct silver finish with red interior, a 289 cubic-inch V8, C4 automatic transmission, chrome wire wheels, and Class A accessories. Originally expected to command between $1 million and $1.25 million, this beaut sold for $950,000.

No. 7 – 2006 Bugatti Veyron 16.4

The Bugatti Veyron. What more can you really say about it besides the fact that it was built to be incredibly fast and incredibly expensive? Unlike some of the other cars on this top 10, there isn’t really a whole lot special about the car outside of the fact that it’s a Bugatti Veyron. It has had one owner since new and has only be driven 3,839 miles. It features a quad-turbo, 8.0-liter W-16 that delivers 1,001 horsepower and 922 pound-feet of torque. Paired with a seven-speed DSG transmission with paddle shifters, the car can hit a top speed of 253 mph. Outside, the car is finished in Sterling Metallic and Graphite Metallic paint, while the inside is finished in premium leather with alloy interior trim. With double wishbone front and rear suspension, to go with the speed-responsive rear wing, and all-wheel drive, this baby is made to stick to the pavement. Originally estimated to go for between $1.2 and $1.5 million, this Veyron only commanded a cool $1 million when the hammer dropped.

Read the full review here.

No. 6 – 2011 Ferrari 599 SA Aperta

The car that ended up as the sixth most expensive car at Mecum’s Monterey auction this year is actually the second Ferrari 599 on the list. The model that took No. 10 was the standard production coupe, but this model is the SA Aperta and was built to commemorate Ferrari’s 80th anniversary. As such, it was produced in just 80 examples but was still based on the 599XX. It too was powered by a 6.0-liter V-12 with 661 horsepower which is also backed by an F1 Superfast transmission. This specific example has been driver just 870 miles since new, which is pretty wild for a car this is five years old. Autographed by the engineers and staff that built the car, this 599 – serial No. 182259 – was estimated to go for between $1.25 million and $1.5 million, but fell just a little short at just $1,050,000.

Read the full review here.

No. 5 – 2005 Porsche Carrera GT

Here we have another model that doesn’t really bring anything special to the table outside of what it is – a 2005 Porsche Carrera GT. Powered by a 5.7-liter V-10, 605 horsepower and 435 pound-feet of torque is routed to the rear wheels through a six-speed manual transmission. With that kind of power, this baby earned a factory top speed rating of 205 mph. Featuring things like a carbon fiber removable top, Porsche ceramic brakes and clutch, pushrod actuated inboard suspension, and a carbon fiber and aluminum monocoque and frame, this thing was as ready for the track as it was the street. Originally estimated to go for between $1.1 million and $1.4 million, this example pulled $1,050,000.

Read the full review here.

No. 4 – 2014 McLaren P1

Considered by some as the long-awaited successor to the McLaren F1, the P1 made its debut at the 2012 Paris Motor Show in the company of some stiff competition that included the Ferrari LaFerrari and the Lamborghini Veneno. Despite this fact, all 375 units of this hybrid supercar we snatched up off the market rather quickly. The example you see here carries serial No. 000002, which means it is the absolute first McLaren P1 that was sold to the public. Powered with a combination of a 3.8-liter V-8 and an electric motor, this beast offers a peak of 903 horsepower and approximately 1,100 pound-feet of torque. For the uninitiated, that’s enough to propel this supercar to 62 mph in 2.8 seconds, 124 mph in 6.8 seconds, 186 mph in 16.5 seconds and to an electronically limited top speed of 217 mph. A quarter-mile sprint takes just 9.8 seconds with speed topping 152 mph. This model was sent back to McLaren to be refit with an exposed carbon fiber body, but the new owner also gets the original painted bodywork as part of the sale. With just 576 miles on the clock, this beautiful beast pulled $1.85 million, which is a far sight from the estimate of $2,500,000 to $3,000,000.

Read the full review here.

No. 3 - 2003 Ferrari Enzo

A successor to the Ferrari F40 and F50, the Ferrari Enzo is to this day, one of Ferrari’s most loved and sought-after cars. Only 400 were produced in its lifetime, and the model you see here was shipped from the factory to Ferrari of San Francisco. It was sold shortly thereafter and has remained with the original owner ever since. There isn’t anything specifically special about the car itself, however, it only has 2,050 miles on the odometer and comes with Ferrari Classiche certification. It includes all of the original books and tools, as well as a copy of the original invoice, the original window sticker, service records, and a certificate of origin. It is powered by a 6.0-liter V-12 that delivers 660 horsepower and 485 pound-feet of torque, all of which is delivered through a six-speed F1 transmission. Originally expected to go for between $2.5 million and $3.5 million, this fine example commanded a cool $3 million as the hammer dropped. Not bad.

Read the full review here.

No. 2 – 1966 Ford GT Mk1

It wouldn’t be an auction with classic cars if there wasn’t at least one example of the original Ford GT going under the hammer. This specific example finished out its time on the stand as the second most expensive car sold during Mecum’s auction. There is a very good reason for this, however. It is serial No. P/1028, which designates it as the very first road-going GT40 delivered to North America. It was used as a Ford test and eval car and even become a public relations car. It was obviously an early development model and was the only GT40 to be delivered new with A/C, leather trim, luggage boxes, and a sealed chassis that was painted in a special finish. It is powered by a 289 cubic-inch V-8 that delivers power to the rear wheels via a five-speed manual transmission. It recently went through a comprehensive, four-year restoration that was finished this year, has correct NOS parts and is documented by GT40 historian Ronnie Spain. This baby fell right in the middle of the original sales estimate, changing hands for an astounding $4.4 million.

Read the full review here.

No. 1 – 2014 Ferrari Laferrari

Despite carrying a somewhat stupid name, the LaFerrari is a pretty wild machine. It was the first road-going Ferrari to be built as a hybrid and is powered by the combination of a 6.3-liter V-12 and a 161-horsepower electric motor that provides a combined output of 949 horsepower and 663 pound-feet of torque. This specific example is one of just three LaFerraris that were finished by the factory with a Nero DS Opaco paint and has just 211 miles on the odometer. It features a black leather and Alcantara interior, with the seats featuring red piping and stitching. The Prancing Horse logo is also stitched into the seatbacks. It features the standard double wishbone suspension in the front and a multi-link setup in the back to go with an F1, seven-speed dual clutch transmission, stability control, Brembo carbon ceramic brakes, F1 electronic traction control, and active aerodynamics. Originally expected to go for between $3,900,000 and $4,500,000, this baby was the most expensive car sold at Mecum’s Monterey auction, commanding $4,700,000 from its new owner.

Read the full review here.

Conclusion

While some of the other auctions that took place during 2016 Monterey Car Week had some high-dollar cars that went for a lot higher than the $4.7 million LaFerrari that topped Mecum’s lots, Mecum is still very prestigious and saw some fine examples go under the hammer. I have to say, however, that it seems like a number of the cars on this top 10 had very low miles. While this is good from a collector’s standpoint and does play a significant role in value and condition, it makes me sad that some of the finest cars ever made haven’t been doing the one thing they are meant to do: drive.

To each their own, I suppose. It would be hard to justify daily driving a $4.4 million GT40, for example, but at the same time, it seems a pity to leave it stashed away in a garage somewhere, under a cover, not getting the on-road attention it deserves. All told, Mecum’s auction in Monterey looks to have been a decent success as always, and I’m already looking forward to seeing what sells for big money next year. Stay tuned for updates from other auctions that took place during Monterey Car Week 2016.