Superformance GT40 MKI at Mecum Monterey

This MKI received a bid for $170k today at Mecum but it didn't meet the reserve price. Nice to see the value of these cars holding or increasing. Auctions like this are usually not the best place to sell a GT40, but the Monterey auction is probably the strongest event for Mecum.

$170k + a 10% buyers premium is all the money I would expect personally, I saw the 50th anniversary edition gulf car bid to $270k and didn't sell either.