Mecum Auctions blows into the Windy City this weekend for their annual sale. This year they christen a new location with 1,000 vehicles including over 90 Corvettes. The 3-day event kicks off Thursday, October 10th and runs through Saturday, October 12th at the Schaumburg Convention Center. Velocity will have 16 hours of live coverage from Chicago.
Auctions & Results
Check out this interesting midyear Coupe we found for sale on eBay. The psychedelic sixties were over a long time ago but sometimes they live on as in the case of the paint job found on this 1965 Corvette, down to the peace sign painted on the gas door cover. The auction still has a couple more days to go and so far the top bid has just surpassed $20,000.
A rare 1957 Corvette featuring the 283/283 hp (RPO 579E) fuel injection sold for $290,000 at Mecum’s 2013 Dallas Auction.
This Onyx Black roadster is one of only 43 “airbox” Corvettes produced in 1957 which offered a new fuel injection system helping the 283 Cubic inch engine attain the mythical “one-horsepower-per-cubic-inch” threshold for the first time.
The ’57 Airbox Corvette was part of the Buddy Herin collection which also saw the record-breaking $3.2 million sale of the 1967 L88 Corvette Sting Ray at the same auction.
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Right on the heels of the record breaking 1967 L88 Stingray which sold for $3.2M at Mecum’s Dallas Auction September 7, Dana Mecum is out to break his own record for the price paid for a Corvette. The “Dealmaker” knew he’d have to do something spectacular for an encore at his upcoming Chicagoland Auction, October 10-12, and as if pulling a rabbit out of a hat he is magically offering the special modified 1963 Corvette given to Harley Earl by GM honoring his contribution to the corporation and Corvette, Harley Earl’s personal Corvette.
The PinkVette has generated a lot of green on its recent travels around the Northeast raising money to fight breast cancer.
The specially painted 1984 Corvette has spent the past 18 months as the cornerstone of the “Cruisin for a Cure” campaign that has already raised twice as much money as organizers had anticipated.
Dana Mecum’s favorite car has to be the Chevrolet Corvette, especially if solely based on the number of outstanding high dollar cars that were hammered down during the last four days of his third Dallas auction.
It was clearly evident that Corvettes carried the four-day auction and were the car of choice for collectors where a new record price was paid for a Corvette ($3.2M, a 1967 L88, fully documented former NHRA record holder and the only ’67 L88 to retain its original body panels).
Of the 172 Corvettes that crossed the block 106 were sold, a 61% sell through rate, for a combined hammer price of $9.106M. Though some buyers were able to grab some excellent bargains during the first two days of the sale, the last two days saw spirited bidding and prices well above average. Almost twenty Corvettes were hammered down above $100K. It seemed as though most restored second generation cars were selling between $100K to $150K and if the car had any rare options it was selling close to or above $200K.
Photo Courtesy of Mecum
On Saturday afternoon at the Mecum auction in Dallas, Lot #123 – a 1967 L88 Corvette Roadster from the Buddy Herin collection took center stage. After five minutes of auction banter, the documented 1-20 L88 Corvette Sting Ray became the highest selling Corvette to ever sell at auction with a gavel price of $3.2 million.
How would you like to drive a 1954 Corvette with approximately 500 horsepower?
Here’s your chance as a restomod version is currently up for sale on Ebay Motors, with a Buy It Now price of $49,500. As of 5 p.m. Thursday, there have been no bids on the car, which goes off the auction block on Saturday, Sept. 7 at 6:28 p.m. Pacific Time.