The wait is above. The drama has reached its denouement. Right after becoming parked within a glass show situation in The Glass Home the place featured autos are securely showcased, the Highland Green 1968 Ford Mustang 390, the workhorse chase automobile from the Steve McQueen film “Bullitt,” offered at the Mecum auction in Kissimmee, Florida, for a hammer price tag of $three.four million.
Include in the ten-% buyer’s premium and the complete transaction was $three.74 million, which insurance coverage and worth-monitoring business Hagerty says not only is the most costly Mustang transaction as effectively as the highest auction price tag for an American muscle automobile.
The automobile emerges from its protective clear box in The Glass Home
Bullitt on its way to the auction arena
A record crowd awaits the car’s visual appeal
Mecum personnel opened the glass situation at about one:45 p.m. (Eastern time) on Friday and hustled the automobile down the ramps, out into the alley and into the principal auction creating, the place it grew to become Good deal F150 on the auction calendar, the final good deal of the day.
When the time came, Mecum doused the property lights for a handful of minutes, turned on the hue “BULLITT” indicators all around the space, and announced the automobile to massive cheers from the crowd.
The automobile offered, it heads back to its glass garage prior to becoming delivered to its up coming proprietor
he hammer price tag lights up the tote board at Kissimmee | Jim McCraw pictures
On the block, the place the Bullitt Mustang hammered offered for $three.four million
At specifically two:thirty p.m., Sean Kiernan, whose family members had the automobile in Madison, New Jersey, for 45 many years, announced that the opening bid would be $three,500, which is the price tag his father had paid for what was then a employed, albeit popular, piece of film background.
For numerous many years, the automobile grew to become a day-to-day driver for Sean Kirnan’s college-educating mom, but then was merely stored away and stored as a family members secret right up until 2018, when it emerged and was speedily integrated on the Nationwide Historic Motor vehicle Register.
The packed property was on its feet and cheered. That first bid speedily was multiplied numerous instances above. And then the critical funds showed up and it was obvious that this was going to be a contest of wills and financial institution accounts.
The hammer ultimately came down at two:41 p.m. and the automobile was pushed offstage and returned to its glass situation for the rest of the weekend, to await the finalization of the transaction and the handover to the new proprietor, who was not recognized.
Sean Kiernan made a decision months in the past it was time for his family members to promote its popular automobile
Right after the sale, when asked if he was nervous or thrilled, Sean Kiernan mentioned, “I’ve been at peace with the sale for about eight months.”
He also advised us that he would be employing some of the funds from the sale to discover, restore and hotrod one more ’68 Mustang 390.
It was a wonderful demonstrate from commence to finish for Mecum for the duration of the week-extended run. Nicely, except for the crowd manage all around the automobile that in big component accounts for some of our abysmal pictures.
“Movie and Television automobiles have often been well worth specifically what somebody is ready to pay out for them,” he mentioned in a statement. “But the “Bullitt” Mustang has it all – a wonderful chase scene, the McQueen connection and a wonderful backstory. The reality that it had disappeared for decades, only to re-emerge as an unrestored, film-automobile time capsule is one thing we’ll probably by no means see yet again in our lifetimes.”
This report, written by Jim McCraw, was initially published on ClassicCars.com, an editorial companion of Motor Authority.