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Corvette Auction Results: Mecum at Monterey

by Keith Cornett on August 17, 2009

Corvette Auction Results: Mecum at Monterey

The Mecum in Monterey auction was held on Saturday and over 200 cars were featured including 25 Corvettes. Despite the nice mix of unique and important cars in Corvette history, most failed to reach the reserve price and went unsold. Just 8 of the 25 Corvettes did sell for a total take of $651,000 and a 32% sales success rate. Two Corvettes topped the $100,000 mark with the top seller being the 1967 “Ed Cole” L89 Corvette Coupe which we’ve named our Deal of the Year. Second on the list was a 1969 L88 Corvette Coupe that sold for $150,000.

Two historic former Corvette racers driven by the Delmo Johnson/Dave Morgan race team generated the most interest of the 25 Corvettes although both failed to sell. The 1963 Corvette Z06 race car had a high bid of $700,000 while a 1962 Corvette was bidded up to $600,000.

In addition to the 1967 Ed Cole Corvette, another C2 we believe to be well bought was a matching number’s 1966 Corvette Coupe equipped with a 427/390 hp V8 that sold for $51,000.

Here is the full Corvette results list from the Mecum at Monterey auction:


LOT YEAR STYLE HIGH BID SOLD PRICE
S6 1962 Corvette Convertible 327/360 HP Fuelie $52,000  
S13 1971 Corvette Convertible 454 CI, 4-Speed   $26,500
S39 1957 Corvette Convertible 283/283 HP Fuel Injected, 3-Speed $76,000  
S48 1966 Corvette Coupe 427/390 HP, 4-Speed   $51,000
S49 1960 Corvette Convertible 283/315 HP FI, 4-Speed $70,000  
S55 1963 Corvette Coupe 327/340 HP, 4-Speed   $60,000
S62 1969 Corvette Convertible 427/435 HP, 4-Speed   $65,000
S78 1963 Corvette Z06 Coupe Delmo Johnson/Dave Morgan Race Car $700,000  
S82 1962 Corvette Coupe Delmo Johnson/Dave Morgan Sebring Racer $600,000  
S83 1961 Corvette Coupe SVRA, HSR Vintage Racer N/A  
S84 1968 Corvette L88 Convertible 430 HP, 4-Speed $200,000  
S85 1967 Corvette Convertible Bill Mitchell, 427/400 HP, Automatic $300,000  
S86 1967 Corvette Coupe The Ed Cole Car, 427/435 HP, 4-Speed   $205,000
S93 1953 Corvette Convertible Bloomington Gold Certified $170,000  
S102 1968 Corvette L88 Coupe The Donington Speedway Pace Car, 427/430 HP $246,000  
S103 1966 Corvette Coupe 427/450 HP, 4-Speed, Bloomington, NCRS Awards $94,000  
S105 1971 Corvette ZR2 Convertible 1 of 2 ZR2 Convertibles Built, LS6 454/425 HP $345,000  
S141 1965 Corvette Convertible Original and Unrestored, 327/365 HP, 4-Speed $165,000  
S166 1957 Corvette Convertible 283/270 HP, 4-Speed $90,000  
S167 1967 Corvette Coupe 327/300 HP, 3-Speed   $50,000
S168 1969 Corvette L89 Convertible Julia’s Jewel, 427/435 HP, 4-Speed $67,500  
S169 1969 Corvette L89 Coupe 427/435 HP, 4-Speed $62,500  
S173 1965 Corvette Convertible 327/375 HP, 4-Speed $92,500  
S208 1969 Corvette L88 Coupe 427/430 HP, 4-Speed   $150,000
S231 1966 Corvette 327/350 HP, 4-Speed   $43,500
S234 1966 Corvette 427 CI $50,000  
         
    Total Sales $651,000


Source:
Mecum

Related:
Deal of the Year? The “Ed Cole” 1967 Corvette Coupe L89 sells for $205,000
Corvette Auction Results: Mecum’s Muscle Cars and More at Des Moines, IA
Bloomington 2009: Harley Earl’s 1963 Corvette a No Sale at $985,000 Bloomington 2009: Mecum Sells $5.2 Million in Corvettes at Gold Auction

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