Barrett-Jackson wrapped up their four day Palm Beach collector car auction and the results have been tabulated: 59 Corvettes sold for $3,861,200. The total doesn’t include a buyer’s commission of 10% as Barrett-Jackson is only reporting the hammer price on their results page.
The top seller of the weekend was a 1958 RestoRod powered by a 1996 LT-4 engine with a 6-speed ZF transmission. The Black/Silver Corvette sold for $155,000 on Saturday. But the big story for the weekend is the strength of the early C3 Corvettes. A 327ci 350hp Rally Red 1968 Corvette roadster sold for $152,000 and in third place at $150,000 was a Cortez Silver 1969 Corvette Coupe with the L71 427/435 engine. Another 1969 Cortez Silver Corvette with a L71 427/435 engine sold for $98,000 while a 1972 LT-1 Corvette hit $92,000.
The weekend wasn’t without its disappointments though. A 1970 LT-1 ZR-1 Corvette sold for just $102,000 despite the fact that only 25 were made. Fuelie prices seemed lower than in previous auctions. A 1960 283/290 FI Convertible sold for $112,000 and a 1962 White Roadster with a 327/360 FI engine fetched $93,000.
Looking at the last few years of the Barrett-Jackson Palm Beach auctions gives us something else to talk about. There were less Corvettes represented than in previous years and therefore the sales totals are less. But we are also seeing a decline in the average prices from year to year. If we adjust this year’s sales figure to include a 10% buyers commission, Corvettes sold for an average of $71,988 in 2008, down from $75,177 in 2007 and $78,970 in 2006.
Here are the full results from the Barrett-Jackson Palm Beach Collector Car Auction:
| LOT # | YEAR | MAKE | MODEL | PRICE |
| 46 | 1969 | CORVETTE | CONVERTIBLE | $31,000 |
| 47 | 1965 | CORVETTE | CONVERTIBLE | $63,000 |
| 64 | 1964 | CORVETTE | COUPE | $54,000 |
| 98.1 | 1980 | CORVETTE | CUSTOM COUPE | $10,000 |
| 100 | 1982 | CORVETTE | COUPE | $19,500 |
| 312 | 1982 | CORVETTE | COUPE | $15,500 |
| 323 | 1994 | CORVETTE | COUPE | $19,000 |
| 324 | 1992 | CORVETTE | COUPE | $16,500 |
| 331.1 | 1975 | CORVETTE | CONVERTIBLE | $19,000 |
| 340.1 | 1990 | CORVETTE | COUPE | $44,000 |
| 345 | 1965 | CORVETTE | CONVERTIBLE | $53,000 |
| 348 | 1958 | CORVETTE | CONVERTIBLE | $73,000 |
| 348.1 | 1965 | CORVETTE | COUPE | $73,000 |
| 350.1 | 1968 | CORVETTE | CONVERTIBLE | $152,000 |
| 355 | 1970 | CORVETTE | CONVERTIBLE | $65,000 |
| 356 | 1966 | CORVETTE | CUSTOM COUPE | $70,000 |
| 361.1 | 1963 | CORVETTE | CONVERTIBLE | $80,000 |
| 364 | 1966 | CORVETTE | CONVERTIBLE | $65,000 |
| 365 | 1965 | CORVETTE | CONVERTIBLE | $64,000 |
| 370 | 2000 | CORVETTE | AVELATE CUSTOM CONVERTIBLE | $47,000 |
| 372.1 | 1958 | CORVETTE | CONVERTIBLE | $63,000 |
| 385 | 2004 | CORVETTE | 88TH INDY 500 OFFICIAL PACE CAR | $58,000 |
| 385.1 | 1964 | CORVETTE | COUPE | $100,000 |
| 388 | 1972 | CORVETTE | CONVERTIBLE LT-1 | $92,000 |
| 388.1 | 1972 | CORVETTE | COUPE | $66,000 |
| 389 | 1962 | CORVETTE | CONVERTIBLE | $70,000 |
| 394 | 1964 | CORVETTE | CONVERTIBLE | $71,000 |
| 401 | 1961 | CORVETTE | CONVERTIBLE | $61,000 |
| 422 | 1992 | CORVETTE | CUSTOM COUPE | $17,000 |
| 600 | 1973 | CORVETTE | COUPE | $13,500 |
| 609 | 1988 | CORVETTE | CONVERTIBLE | $16,500 |
| 627.1 | 1978 | CORVETTE | SILVER ANNIVERSARY PACE CAR | $28,000 |
| 630 | 2003 | CORVETTE | AVELATE CONVERTIBLE | $70,000 |
| 632 | 1962 | CORVETTE | FI CONVERTIBLE | $93.000 |
| 633.1 | 1970 | CORVETTE | COUPE | $62,000 |
| 636 | 1967 | CORVETTE | CONVERTIBLE | $66,000 |
| 641.1 | 1959 | CORVETTE | CUSTOM CONVERTIBLE | $80,000 |
| 642 | 1967 | CORVETTE | CONVERTIBLE | $72,000 |
| 643 | 2007 | CORVETTE | DAYTONA 500 PACE CAR RE-CREATION | $64,000 |
| 645 | 1965 | CORVETTE | COUPE | $107,000 |
| 646 | 1969 | CORVETTE | COUPE | $150,000 |
| 652 | 1962 | CORVETTE | CONVERTIBLE | $80,000 |
| 655 | 1957 | CORVETTE | CONVERTIBLE | $90,000 |
| 670.1 | 1970 | CORVETTE | LT-1 ZR-1 COUPE | $102,000 |
| 672.1 | 1960 | CORVETTE | FI CONVERTIBLE | $112,000 |
| 678 | 1966 | CORVETTE | CONVERTIBLE | $112,000 |
| 678.1 | 1961 | CORVETTE | CONVERTIBLE | $118,000 |
| 681.1 | 1965 | CORVETTE | CUSTOM CONVERTIBLE | $92,000 |
| 683 | 1957 | CORVETTE | CONVERTIBLE | $80,000 |
| 684 | 1954 | CORVETTE | CONVERTIBLE | $72,000 |
| 685.1 | 1969 | CORVETTE | CONVERTIBLE | $67,000 |
| 688 | 1958 | CORVETTE | CUSTOM CONVERTIBLE | $155,000 |
| 688.1 | 1969 | CORVETTE | CONVERTIBLE L71 | $98,000 |
| 689.3 | 2007 | CORVETTE | CUSTOM CONVERTIBLE | $67,000 |
| 707 | 1994 | CORVETTE | COUPE | $21,000 |
| 908 | 1985 | CORVETTE | COUPE | $6,700 |
| 925 | 1994 | CORVETTE | COUPE | $20,000 |
| 942 | 1960 | CORVETTE | CONVERTIBLE | $57,000 |
| 956 | 1963 | CORVETTE | CUSTOM CONVERTIBLE | $58,000 |
| TOTAL CORVETTE SALES: | $3,861,200 |
Sources:
Barrett-Jackson.com
SpeedTV.com
Related:
[VIDEO] Barrett-Jackson Palm Beach 08: All Time High for 1969 L71 427/435 Corvette
[VIDEO] Barrett-Jackson Palm Beach 08: 1970 Corvette ZR-1 Sells for $102,000
[VIDEO] Friday’s Featured Corvettes: Barrett-Jackson Palm Beach Edition
Barrett-Jackson Palm Beach 2007: Corvette Sales Top $6.2 Million
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So what made the 68 vert bring that kind of money? I’d love to hear a little commentary. From a layman’s perspective it seems crazy for a 327/350 to exceed the $$ of the ZR1 and some 435hp cars.
Nelson:
Unfortunately I wasn’t able to capture this auction on SPEED so I can’t say with any certainty why this Corvette should go for that kind of money other than the fact that at least two buyers wanted it and the winner was willing to go $152,000 to get it.
The description lists the Corvette as:
"327cid/350hp engine with a 4-speed and two tops. Matching numbers and correct Rally Red lacquer finish. 105,000 original miles. NCRS Top Fight, Carlisle Top Rank and Bowling Green Best Roadster winner."
Keith
the 68 was my dad’s actually. I drove it across the block. the video is at the following link: http://link.brightcove.com/services/link/bcpid1305238354/bclid1432781801/bctid1505985767 or http://www.barrett-jackson.com/video/PalmBeachVideos.asp
multiple NCRS top flight car. multiple awards, best roadster at reunion in bowlinggreen, ….list goes on and on
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