Barrett-Jackson wrapped up their three day foray to the East Coast as their 10th annual Palm Beach Collector Car Auction concluded on Saturday. The 2012 car list was a bit lighter on Corvettes compared with the auction house’s previous Palm Beach sales, but we still witnessed 39 Corvettes ranging from a 1954 roadster to a 2008 Indy Pace Car replica being sold at no reserve.
Sales of Corvettes at the 2012 Barrett-Jackson Palm Beach auction totaled $1,988,525 which includes the 10% buyers commissions. Our review of the Corvette sales indicates that buyers were very interested in the custom models while sales of original/restored Corvettes appeared to fall right into line as to where the market is today.
Topping the list of Corvettes sold was $203,500 for a 1959 Frost Blue Corvette restomod built on a SRIII chassis with a 350-hp LS1 and modern Corvette suspension and drivetrain. Coming in second was the 1,000 horsepower 1963 Custom mid-engined Corvette V7 twin turbo which found a new home for $94,600 and rounding out the top three was a 2003 Commemorative Edition Z06 Convertible which was sold for $90,200.
As far as our preview of Corvettes which we featured last week, we saw the 1965 396/425 Coupe sell for $77,000. The 1975 convertible equipped with an L82 and a 4-speed transmission was sold for $36,850 and the 1957/2007 Convertibles with matching VINs were sold for $110,000.
Here are the results for the 2012 Barrett-Jackson Palm Beach Auction:
|43||1993||CORVETTE||40TH ANNIVERSARY EDITION||$29,700|
|50||1980||CORVETTE||2 DOOR COUPE||$19,800|
|6900||1969||CORVETTE||2 DOOR COUPE||$26,400|
|374.1||1964||CORVETTE||2 DOOR COUPE||$45,650|
|376||1963||CORVETTE||CUSTOM 2 DOOR||$29,700|
|644||1966||CORVETTE||CUSTOM 2 DOOR COUPE||$31,900|
|TOTAL CORVETTE SALES||$1,988,525|
Barrett-Jackson’s next auction event will be held in Orange County California from June 22-24th at the OC Fair and Events Center. Check out Barrett-Jackson.com for details.
Corvette Auction Preview: 2012 Barrett-Jackson Palm Beach
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