Next up in our Countdown to Monterey series is this 1953 Corvette Roadster from the estate of noted collector John O’Quinn. O’Quinn died in a traffic accident and RM Auctions has been charged with liquidating much of his collection which includes several unique and rare Corvettes. It’s been a while since we’ve seen a quality first year Corvette at an auction, but RM Auctions is sure to have a winner with Lot #239, this stunning 1953 Corvette Roadster #199.
Auctions & Results
Most of the major automotive auction houses will be decending on Monterey, California in mid-August for a weekend full of classic and collector car sales. We’re reviewing the dockets and selecting the best of the best to present to you here on CorvetteBlogger.com.
First up in our Countdown to Monterey series is Lot #S125 from the Mecum at Monterey auction. This 1967 Chevrolet Corvette Convertible features the 427/430 hp tri-power L88 engine and is documented to be the very first RPO L88 built. In 1965, Zora Arkus-Duntov’s Engineering group began developing the new 427 Mark IV engine for use in the Corvette as a full-bore endurance racing engine, and in 1967 their work came to fruition in the form of the RPO L88 option package.
Check out this former 2008 Hertz rent-a-car Corvette ZHZ that has been customized to look like the 2012 Corvette Stingray Concept that appears as Sideswipe in Transformers 2: Revenge of the Fallen. The Corvette is listed on eBay and with 3 days left in the auction, 6 bids have run the price up to $35,200 with the reserve not yet met.
Mecum wrapped up another Muscle Cars and More auction this weekend in Des Moines, Iowa. A total of 39 Corvettes ranging from a 1956 roadster to a 2005 Coupe crossed the auction block with 22 Corvettes changing hands. The total take was a mere $362,650 as the Corvettes averaged a 56% success rate for sales.
Here is a former 2006 SEMA car that was ahead of its time. The Genaddi Design Group heard the requests from Corvette owners early on and built this one-off custom roadster out of a Corvette Z06. It can now be yours for the low, low price of $175K.
Barrett-Jackson’s inaugural Orange County auction went pretty well despite being held the same weekend as Mecum’s Bloomington Gold auction. The choice of Corvettes at the OC auction was on par with previous Barrett-Jackson events as the docket contained a nice mix of classics, resto-mods and several late model Corvettes. At the end of the three day no-reserve auction, the sales from the 31 Corvettes combined for $1,799,300.
As Barn Finds goes, this one is a bit more interesting than most. Here is a vintage 1958 Corvette that was raced hard and put away wet as my dad would say. Owned and raced by James Huskey in the Houston, Texas area, this Corvette was terrorizing tracks throughout the 60s-70s before being put into storage where is sat for over 30 years. Auction ends soon so check it out.
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.
Here is a very nice original 1968 Corvette Convertible that crossed the auction block on Friday’s broadcast of the 2010 Barrett-Jackson Collector Car Auction in Orange County, California. Is it worth the $35,200 selling price? Watch the video and see our analysis after the jump.
Mecum’s auction at Bloomington Gold sold 63 of 123 Corvettes today bringing in $1.19 million in sales. That’s a 51% success rate. The top seller was a 1957 Cascade Green Roadster which sold for $80,500 while $3,500 purchased a rather tired looking 1984 Coupe. Six of the top ten sales leaders were midyear Corvettes. See the full list of sales after the jump.