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Auctions & Results

Auction Results: Mecum at Monterey Corvette Sales

by Keith Cornett on August 21, 2010

Auction Results: Mecum at Monterey Corvette Sales

Mecum’s auction last weekend at Monterey featured some of the best collectible Corvettes available. Sales of Corvettes totaled $3,238,250 lead by the first 1967 L88 Corvette which sold for $1.25 million. Of the 59 Corvettes that crossed the block, 24 received a SOLD sticker for an auction success rate of 41%.

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$1.25 Million Enough to Buy the First 1967 L88 Corvette

by Keith Cornett on August 15, 2010

No Sale! $1.25 Million Not Enough to Buy First 1967 L88 Corvette

Update
I have been informed by several readers that the first L88 Corvette did sell at $1.25 million at the Mecum at Monterey auction. A review of the mecum.com results confirms this. I apologize for the error.

The first documented L88 Corvette sold at the Mecum at Monterey auction yesterday afternoon for $1,250,000. The mid year was the first documented 427/430 hp Corvette that was campaigned by Tony DeLorenzo in the SCCA A Production class. Years later the Corvette was restored and won awards from Bloomington Gold and the NCRS.

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Countdown to Monterey: Four Corvettes Offered From the Reggie Jackson Collection

Noted Corvette collector and baseball legend Reggie Jackson will be offering four Corvettes at the Mecum at Monterey auction on August 13-14th at the Hyatt Regency Monterey Hotel and Spa. The four cars include two 1967 L68 427/400 Corvettes and two straight axle C1s. The Corvettes are part of Jackson’s 16-car sale at the Monterey auction.

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Mecum to Sell Bob McDorman’s Corvette Collection

by Keith Cornett on August 10, 2010

Mecum to Sell Bob McDorman's Corvette Collection

Longtime Chevrolet dealer Bob McDorman is well known for his impressive collection of Corvettes and other significant Chevys. He owns one Corvette of every model year from 1953 through 2010. Also included in his collection are 12 VIN #1 Corvettes and other low serial number Corvettes, as well as several previous celebrity-owned Corvettes from the likes of Burt Reynolds, Apollo 13 astronaut Jim Lovell and my cousin Leanza Cornett, who was Miss America in 1993.

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Countdown to Monterey: 1967 Corvette 427/435 hp Survivor

by Keith Cornett on August 10, 2010

1967 Corvette 427/435 hp Survivor

For many collectors, the L71 powered 1967 Corvette convertible is the must-have Corvette to own. With 435 horses under the hood, the 1967 Corvette is considered the pinnacle of classic Chevy performance. But the discriminating buyers at Monterey won’t accept just any 1967 Corvette so Russo and Steel is obliging by offering this 1967 Corvette Convertible “Survivor” at its 10th Anniversary Monterey auction at the Marriott Hotel in downtown Monterey. Like the old saying goes, “It’s only original once!”.

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Countdown to Monterey: 1953 Corvette Roadster #199

by Keith Cornett on August 5, 2010

1953 Corvette Roadster #199

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.

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Countdown to Monterey: 1967 L88 Corvette Convertible

by Keith Cornett on August 2, 2010

1967 Corvette - 1st RPO L88 Built

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.

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Corvettes on eBay: 2012 Stingray Concept Corvette Replica

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.

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Auction Results: Mecum’s Des Moines Corvette Sales

by Keith Cornett on July 19, 2010

Auction Results: Mecum's Des Moines Corvette Sales

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.

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Genaddi Corvette Z06 LSR Roadster Prototype

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.

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