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Bloomington Gold Corvette Sales Total $4.5 Million

by Keith Cornett on June 28, 2010

Bloomington Gold Corvette Sales Total $4.5 Million

Mecum’s Collector Car auction wrapped up the 2 day sale at the Bloomington Gold Corvette Show in suburban Chicago on Saturday. When the last gavel fell, Mecum had sold 138 of 321 Corvettes for a sales success rate of 43% and a sales total of $4,553,550.

The top seller on for the auction was a rare 1956 Cascade Green roadster equipped with the high-lift cam 240 HP V8 engine. Only 111 of the 3,467 Corvettes produced (3%) had that special-optioned engine. The Corvette was given an NCRS restoration which resulted in a Top Flight award (98.6%) in May 2010. Although other Corvettes were bid higher during the two days, the $150,000 received for this 1956 Corvette set the high for sold Corvettes at Bloomington Gold.

What’s interesting about the sales results is that only 4 Corvettes broke past the $100,000 barrier. The other three Corvettes were all C1s as well with the number 2 seller being a 1960 roadster with a 579D RPO 283/290 fuel injected V8 that sold for $117,000. Number three was a 1959 Corvette which sold for $110,000 and rounding out the top 4 was a 1958 283/250 Fuelie which sold for $106,000.

Saturday’s sales were more tempered than Friday’s with only 38% of Corvettes selling. I’ve often wondered if selling Corvettes at the Bloomington Gold show is harder than elsewhere due to the knowledgeable buyers at the sale as well as the sellers who are firm on their price. This appears to be evident in bidding for Corvettes that didn’t sell.

Here is the list of Auction Results of Corvettes sold on Satuday. You can see Friday’s results here.

Lot Year Model Sold Price
S119 1954 Roadster 235/150 HP, Auto $65,000
S164 1954 Coupe $32,750
S80 1956 Convertible 240 HP $150,000
S149 1956 283 CI, 3-Speed $95,000
S57 1957 270 HP, 4-Speed $92,500
S91 1958 Convertible 283/250 HP, Auto $106,000
S83 1959 Convertible 283/270 HP, 4-Speed $110,000
S128 1960 Convertible 283/290 HP, 4-Speed $117,000
S175 1960 Convertible 283/270 HP, 4-Speed $59,000
S64 1960 Convertible 283/230 HP $37,500
S53 1961 283/270 HP, 4-Speed $82,500
S123 1961 Roadster 283/315 HP, 4-Speed $47,500
S70 1961 Convertible 283/245 HP, 4-Speed $40,000
S177 1961 Coupe 283 CI, 4-Speed $37,000
S145 1962 Convertible 327/340 HP, 4-Speed $46,000
S75 1963 Convertible 327/300 HP, 4-Speed $37,500
S165 1963 Coupe $32,250
S73 1964 LS2 Resto Mod 405 HP, 5-Speed $91,000
S136.1 1964 Coupe Auto $43,250
S31 1965 Convertible 327/375 HP, 4-Speed $59,000
S18 1965 Convertible 327 CI, 4-Speed $52,500
S58.1 1965 327/365 HP, 4-Speed $50,000
S74.1 1965 Convertible 4-Speed $35,000
S66 1966 Convertible 427/425 HP , 4-Speed $98,000
S108 1966 Coupe 427/390 HP, 4-Speed $73,500
S155 1966 Convertible 327/350 HP, 4-Speed $54,000
S43 1966 Convertible 327/350 HP, 4-Speed $50,000
S61 1966 Coupe 427/390 HP, 4-Speed $49,500
S138.1 1966 Convertible 327/350 HP, 4-Speed $43,000
S100 1967 Coupe 427/400 HP, 4-Speed $92,500
S102 1967 Convertible 4-Speed, A/C, Bloomington Gold $75,500
S13 1967 Coupe 427/390 HP, Auto $63,000
S72 1967 Coupe 427/390 HP, 4-Speed $60,000
S67 1967 COPO Convertible 327/300 HP, Auto $43,500
S38 1967 Coupe 427/390 HP, 4-Speed $43,000
S40.1 1967 Convertible 327/350 HP, 4-Speed $40,000
S141 1968 L89 Coupe 427/435 HP, 4-Speed $71,000
S156 1969 427/400 HP, 4-Speed $50,500
S11 1969 Convertible 427/390 HP, Auto $35,000
S59 1969 Coupe 427/435 HP, 4-Speed $35,000
S51 1969 Convertible 350/350 HP, 4-Speed $22,000
S55 1970 LT1 Convertible 350/370 HP, 4-Speed $36,000
S135.1 1970 350/350 HP $32,000
S97 1971 Convertible 350/330 HP, 4-Speed $41,500
S136 1971 Coupe 454/365 HP, 4-Speed $24,000
S88 1972 LT1 Convertible Rare Factory A/C $72,500
S112 1972 $23,500
S26 1972 350 CI, 4-Speed $15,000
S27 1973 Convertible 350 HP $15,750
S22 1974 Coupe 350/190 HP, Auto $12,250
S61.1 1976 Coupe $7,250
S160 1978 Indy Pace Car $25,000
S45 1978 Silver Anniv 350/220 HP, 4-Speed $22,000
S54 1978 Pace Car 350/220 HP, 3-Speed Auto $17,200
S170 1979 Pro Street 350, 5-Speed $17,500
S139 1979 L82 350/225 HP, Auto $11,500
S1 1981 350/190 HP, Auto $7,750
S146 1981 Coupe $38,000
S174 1984 Auto $2,600
S127 1986 Coupe 350/230 HP, 4-Speed $12,000
S37.1 1986 Pace Car 350/230 HP, 4-Speed $8,500
S2 1986 $5,500
S19 1988 35th Anniv Edition 350/275 HP, Auto $24,000
S5 1988 350/245 HP, Auto $18,500
S176 1992 350 CI, Auto $8,250
S163 1993 ZR1 350/405 HP, 6-Speed $52,000
S23 1993 ZR1 2-Door 405 HP, 6-Speed $26,000
S14 1994 Indy Festival Car Auto $32,500
S49 1995 ZR1 Coupe 350/405 HP $29,000
S50 2001 Custom 350 HP, Auto $51,500
S120.1 2003 Convertible $29,500
S85 2004 350 CI $24,500
S104 2004 Coupe 350 HP, Auto $20,750
S173 2006 Coupe 400 HP $25,750
S17 2008 Z06 505 HP, 6-Speed $48,000
 
    Total Saturday Sales: $3,354,800
    Total Friday Sales: $1,198,750
      —————-
    2010 Bloomington Gold Sales: $4,553,550
       
       

Mecum’s next auction is the Muscle Cars and More sale held July 16-17 in Des Moines, Iowa. That auction will be carried live on HD Theater.


Source:
Mecum Auctions

Related:
Friday’s Corvette Sales at Bloomington Gold Total Nearly $1.2 Million
Watch the 2010 Bloomington Gold Corvette Auction Live

 

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