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1969 L88 Corvette Roadster Sells for $610,000 at Mecum’s 2012 Kissimmee Auction

by Keith Cornett on January 31, 2012

1969 L88 Corvette Roadster Sells for $610,000 at Mecum's 2012 Kissimmee Auction

With so much going on in Kissimmee last weekend with the NCRS Regional and the Mecum collector car auction going on simultaneously, it was hard to be in two places at one time. After putting in a full day at the NCRS Regional, I arrived at the Mecum auction early Friday evening and as I walked into the front entrance, I heard the gavel fall as the auctioneer yelled “SOLD SOLD SOLD – $610,000″. I knew right away I had just missed the sale of this 1969 L88 Corvette Roadster.

Lot #F199 was a 1969 L88 Corvette Roadster that has some of the most coveted awards a Corvette can receive. Retaining its original 427/430 HP L88 engine and 4-speed transmission, the Daytona Yellow Corvette received its Bloomington Gold certification in 2005 and NCRS Top Flight award in 2009. It was a member of the Bloomington Gold Special Collection and was inducted into Bloomington Gold’s Corvette Hall of Fame. Other docs include the original Protect-O-Plate.

The Corvette has 20,000 actual original miles and comes with a black vinyl auxiliary hard top.

During its three year production run from 1967-1969, only 216 L88-equipped Corvettes were built. In 1969, there were 116 examples of the 427/430 hp produced, more than 1967 (20) and 1968′s (80) L88 production combined.

1969 L88 Corvette Roadster Sells for $610,000 at Mecum's 2012 Kissimmee Auction 1969 L88 Corvette Roadster Sells for $610,000 at Mecum's 2012 Kissimmee Auction 1969 L88 Corvette Roadster Sells for $610,000 at Mecum's 2012 Kissimmee Auction
1969 L88 Corvette Roadster Sells for $610,000 at Mecum's 2012 Kissimmee Auction 1969 L88 Corvette Roadster Sells for $610,000 at Mecum's 2012 Kissimmee Auction  

So is this the new normal price for L88 Roadsters? It was the second time this month that a C3 L88 convertible broke the $600,000 barrier. Two weeks ago in Scottsdale, Russo and Steele sold a 1968 L88 Convertible for $625,000.

Another highly optioned 1969 L88 Corvette Roadster crossed the block on Saturday evening, but failed to sell. Verified by David Borroughs and Tim Thorpe as the real deal, Lot #S189 was a White convertible with 46,000 miles. Bloomington Gold Certified, it also won the prestigious Duntov Award. This Corvette was part of the Rick Davis Collection but failed to sell as the high bid was $400,000 and the reserve was set at $500,000.


Related:
[VIDEO] 1968 L88 Corvette Roadster Sells for $625,000 at Russo and Steele
Corvette Auction Results: 1969 L88 Corvette Sells for $562,500 at Mecum Dallas
1969 BFG Stars & Stripes ZL1/L88 Racer Finds New Home at Proteam Corvette

 

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