Barrett Jackson held their annual Palm Beach collector car auction last weekend. The three-day auction featured something for everyone as 50+ Corvettes ranging from 1954 through 2012 were offered. The biggest surprise was the inclusion of Chevy’s new 2012 Centennial Edition which was the second-highest sale of the entire auction.
The Palm Beach auction was a bit different than Barrett-Jackson’s traditional “No Reserve” auctions as they allowed cars to be listed with a “Reserve”, which means the owner set’s the minimum amount he would sell the car for. Of the 52 Corvettes that went up on the block, 18 had a reserve listed and of those, only 4 sold. Corvette sales for the three day auction totaled $2.47 million. That’s about equal to 2010′s Palm Beach results of $2.9 million from the sale of 48 Corvettes (and 1 boat).
Topping the list of Corvettes was the auction for the new 2012 Centennial Corvette Z06 which sold to Chevy dealer and NASCAR team owner Rick Hendrick for $175,000. The sale was for the 100th 2012 Z06 in the new Centennial Edition appearance package. Representing Chevy was Performance Cars Marketing Manager John Fitzpatrick who rattled off a nice list of goodies that came with the auction which included the Engine Build Experience and a VIP weekend at Petit Le Mans.
Coming in second in Corvette sales with a selling price of $99,000 was one of the three Corvettes we previewed last week. Lot #649.2 was a 1967 Corvette Roadster powered by a 427/400 hp with factory air. This sale was interesting for a number of reasons, mostly because the owner indicated that the L68 was restamped to match the VIN. This was also one of the 4 Corvettes sold with a reserve price.
Rounding out our top 3 for Barrett-Jackson Palm Beach was Lot #650, a 1966 Corvette Roadster powered by a numbers matching 427/390 L36 V8 and factory air. The Nassau Blue roadster was highly optioned with factory air conditioning, knock-off wheels, side pipes, tilt/telescopic column with teak wheel, head rests, hardtop, power steering, power brakes and power antenna. Documentation includes copy of original MSO, Bill of Sale and Protect-O-Plate.
Here are the total Corvette Results for the 2011 Barrett-Jackson Palm Beach Auction:
|14.2||1974||2 DOOR COUPE||$15,620.00|
|34||1974||2 DOOR COUPE||$22,000.00|
|59||1969||2 DOOR COUPE||$30,250.00|
|65.2||1970||CUSTOM CONVERTIBLE||NO SALE|
|348||1968||2 DOOR COUPE||$30,800.00|
|348.2||2002||Z06 COUPE||NO SALE|
|354.2||1996||GRAND SPORT CONVERTIBLE||NO SALE|
|652.2||1963||CUSTOM COUPE||NO SALE|
|654.1||2012||CENTENNIAL EDITION Z06||$175,000.00|
|665.2||1962||CUSTOM CONVERTIBLE||NO SALE|
|678.2||1969||COUPE ZL1 RE-CREATION||NO SALE|
|679||1966||2 DOOR COUPE||$61,600.00|
Barrett-Jackson’s next event comes this summer at the Orange County Fairgrounds. The three day auction will be held June 24-26th.
[VIDEO] 2012 Centennial Edition Corvette Z06 #100 Sells at Barrett-Jackson for $175,000
Barrett-Jackson to offer over 50 Corvettes at Palm Beach Sale
Barrett-Jackson Palm Beach 2010: Corvette Sales Total $2.9 Million