Here’s a chance to own a piece of Corvette history – a first year 1953 Corvette and the #274 Corvette ever built. This first year Corvette was built towards the end of the ’53 production run so many of the enhancements made during the year would have made it on this car. Freshly restored by Brett Henderson, the Corvette has less than 1 mile since restoration and is ready for NCRS judging.
Seeing this first year Corvette on eBay got me reminiscing of 2007 when the values of 1953 Corvettes skyrocketed. That year we charted six ’53 Corvettes selling at the major auctions for an average price of $359,000. Fast forward to the new reality of 2010 where a beautifully restored 1953 roadster has seemed to languish during a the 10 day auction with just one bid for $100,000.
Of course, I do think the seller holds part of the fault for the lack of excitement in this auction. Blurry photos and no description or car history can cost you in the end. And that’s a shame because I’ve followed several of Brett’s restorations on the forum and his reputation for quality work appears evident here.
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The auction has yet to hit the reserve price with the one bid of $100,000. Interested parties better hurry, the auction closes on June 09 at 4:26 pm EST.
Source:
eBay
Related:
RM Auction Results: 1953 Corvette Sells for $290,400
Auction Results: 1953 Corvette Fetches $440,000 at Hilton Head
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E53F001274 is a very nice example of 1953 production. The car, before restoration, was a virtual time apsule. A real treat to restore. Whoever purchases this 53 will get a very nice car. One of a handful of 53’s with a pristine original body and rust free original frame. Original or NOS parts used throughout.
WOW! That is a beauty indeed! I will post this up on the forum to make sure our members get a look at this one! I wish I had the proper time needed to take on a project like this!
This Corvette #274, sold at the Auburn WWG Auction for $247,500k Labor Day Weekend.
Thanks for the update Brett!
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