Kruse International posted the results of the November Classic auction held November 4-6 in Auburn, Indiana. The November Classic Auction is in its third year and is one of the smaller auctions with around 300 cars expected to cross the auction block. 15 Corvettes were represented and only three sold making this auction a disappointment for buyers and sellers alike. Of the three that sold, two of those were in the $5,000’s and the high was a 72 Coupe which sold for $12,500. Let’s be clear that while a couple of the midyears were modified racers, there was also a tri-power ’67 that hit a final bid at $90,000. While that amount is akin to a bargain, it appears that at all these auctions we are only seeing Condition 1 Corvettes with numbers-matching and Bloomington certifications. Are we seeing a trend here? The last few Auction results from this fall have featured a significant portion of Corvettes receiving high bids but were no sales. My belief is still that the market is strong and that Corvette sellers are holding out for the top dollar pricing they can receive at either the larger, Corvette dominated auctions or through direct selling efforts.
Year/Model | Price | Bid Type |
1959 Convertible | $50,000 | Final Bid |
1961 Convertible | $58,000 | Final Bid |
1964 Grand Sport Roadster | $32,000 | Final Bid |
1965 Race Car Roadster | $21,000 | Final Bid |
1967 Coupe | $80,000 | Final Bid |
1967 Coupe | $90,000 | Final Bid |
1968 Coupe | $12,000 | Final Bid |
1970 Coupe | $25,000 | Final Bid |
1971 Coupe | $5,300 | Sold |
1972 Coupe | $12,500 | Sold |
1978 Coupe | $7,500 | Final Bid |
1979 Coupe | $8,600 | Final Bid |
1979 Coupe | $5,600 | Sold |
1987 Callaway Convertible | $35,000 | Final Bid |
1989 Coupe | $7,000 | Final Bid |
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