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Corvette Auction Results: 2008 Mecum St. Charles

by Keith Cornett on November 11, 2008

1967 Corvette Auctioned by Mecum

Mecum Collector Car Auctioneers held their muscle car and Corvettes auction in St. Charles, Illinois last month and in spite of the fact the auction was held during turbulent economic times, the results may surprise you. Over half the Corvettes entered were sold and sales topped $1.53 Million. The top selling Corvette of the auction is also the hottest, newest collectible Corvette on the market – the 2009 Corvette ZR1.

73 Corvettes were listed for three day event and 38 were hammered sold for a success rate of 52%. Four Corvettes crossed the $100,000 sales plateau with a brand spankin new red 2009 Corvette ZR1 bringing in $137,500 as the weekend’s top selling Corvette. Second on the list was a Cascade Green 1957 283/283 Fuelie that sold for $115,500. Third and fourth were two factory AC 1967 Corvette roadsters powered by the 427/400 hp L68: The Red/White/Black ’67 Corvette sold for $112,350 and an Elkhart Blue ’67 Corvette with power steering sold for $110,250.

What I find telling is that this auction was held about week into the current financial breakdown which started around September 25th. Despite the gloomy news and daily stock market free falls, over half the Corvettes sold and pricing didn’t really seem to suffer that greatly. From a buyer’s perspective there appeared to be some good deals. A 1970 Coupe went for $13,125 while a 1967 Coupe sold for $35,000. Not being at the auction, we cannot attest to the quality and originality of either cars.

Here are the total sold results for Mecum’s St. Charles Auction:

LOT # YEAR MAKE/MODEL STYLE SALE
S101954Corvette ConvertibleWhite$51,450
S941957Corvette ConvertibleBlack$73,500
S1501957Corvette ConvertibleGreen$115,500
S2341957Corvette ConvertibleGreen$46,200
U26.11958Corvette ConvertibleGreen$41,475
F2161961Corvette ConvertibleWhite$42,525
F1471964Corvette CoupeBlack $44,100
S1831964Corvette ConvertibleBlue$48,300
F2381965Corvette ConvertibleGreen$52,500
S1741965Corvette ConvertibleBlue$90,300
S1651966Corvette ConvertibleBlue$53,550
F871967Corvette CoupeMarina Blue$35,000
F1931967Corvette ConvertibleWhite$94,500
F2251967Corvette ConvertibleSilver Blue$68,250
S1441967Corvette ConvertibleBlue$110,250
S1671967Corvette ConvertibleRed$112,350
S1291969Corvette AA/GSBlue$38,325
F121970Corvette CoupeSilver$13,125
U521971Corvette CoupeRed$16,800
F1361973Corvette T-TopOrange$14,963
S2451973Corvette StingrayGold$12,075
F321975Corvette ConvertibleRed$13,388
F651975Corvette CoupeBurgundy$12,075
S31977Corvette T-TopRed$11,288
F741978Corvette CoupeSilver$8,100
F531981Corvette T-TopSilver$12,338
F301988Corvette ConvertibleBlue$7,000
S2221988Corvette CoupeRed$9,000
U961988Corvette ConvertibleBlue$7,000
F551990Corvette ConvertibleBlue/White$9,400
S441990Corvette ZR1 CoupeRed$18,900
U891992Corvette CoupeBlack$9,700
S1191993Corvette ConvertibleRuby Red$29,400
F331994Corvette CoupeMaroon$10,400
S2262008Corvette Z06 427 EdtRed$59,850
S99.12209Corvette CoupeRed$137,500
 
Total Corvette Sales    $1,530,377


Source:
Mecum

Related:
Auction Results: Barrett-Jackson Las Vegas Tops $3.3 Million in Corvette Sales
Corvette Auction Results: 2008 Bloomington Gold

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