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Auctions & Results

1967 Corvette Roadster

Mecum Auctions just wrapped up their 22nd annual Spring Classic last weekend in Indianapolis and Corvette sales were rather brisk during the five day event. We counted 146 Corvettes available on the docket with 68 selling for a total of $2,879,150 and a sales success rate of 46%. Those are fairly strong numbers considering the economy.

The top selling Corvette was the 1954 EX-87 mule (Lot #F208) used by Zora to set a record at the Arizona proving grounds. The restored engineering car sold for $310,000. The second best seller is an auction favorite, a 1967 Corvette convertible (Lot #F236) powered by an 427/435 hp V8. Described as a matching numbers masterpiece, the Nabors Brothers restored C2 convertible has three NCRS Top Flight awards. The Lynndale Blue Corvette sold for $162,500. Third on the list was a 1958 Resto-mod (Lot #S33) that sold for $137,500. The C1 tubular frame Corvette is powered by a Z06 engine from an ’01 C5 and finished in a bright yellow exterior.

There were several significant Corvettes that failed to meet reserve during the 5-day auction and went unsold. The Corvette receiving the highest bid for Vettes during the entire weekend was a documented 1969 Fathom Green L88 427/430 Coupe (Lot #F229) that topped out at $425,000. A split-window 1963 Ermine White Corvette Z06 Tanker (Lot #S173) reached $300,000 and the very first Corvette on the 1960′s, 1960 Corvette roadster VIN #00001 reached $290,000.

Here is the Auction Results Sold List for the 2009 Mecum Spring Classic:

Lot # Year Description Price
W53 1986 Corvette Convertible 350/230 HP, Auto $7,500
W66 1984 Corvette Coupe 350 CI, Automatic $5,750
W75 1966 Corvette Convertible 327/350 HP $55,000
W79 2000 Corvette Convertible $15,500
W89 1989 Corvette 5.7L, Automatic $10,000
W96 1993 Corvette 2-door 350 CI, Automatic $13,250
W110 1987 Corvette Convertible Z-52 Package, 4-Speed $12,000
W113 1976 Corvette L82 Coupe 350 CI, Automatic $16,000
T9 1966 Corvette Coupe 327/300 HP, Automatic $35,000
T48 1993 Corvette 40th Anniversary $18,000
T65.1 1972 Corvette 2-door 454/270 HP, Automatic $19,000
T74 1958 Corvette Convertible 283/245 HP, 4-speed $52,000
T75 1974 Corvette Convertible 454/270 HP LS4, 4-Speed $25,000
T94 1995 Corvette Pace Car Convertible 5.7 V-8, Auto $27,500
T102 1972 Corvette Coupe 454 CI, 4-Speed $22,500
T106 1979 Corvette Coupe 350/350 HP, 3-Speed Auto $5,400
T126 1975 Corvette Convertible 350 CI, Automatic $14,250
T138 1971 Corvette 454/500 HP, Baldwin Motion Replica $28,500
T153 1963 Corvette Convertible 327/300 HP, 4-Speed $38,500
T159 1962 Corvette Convertible 327/250 HP, 4-Speed $45,500
T176 1979 Corvette Coupe 350 CI, 3-speed Automatic $11,500
T232 1966 Corvette Coupe 427/425 HP, 4-speed Manual $63,000
T267 1963 Corvette Coupe 327/250 HP, 4-Speed Manual $60,000
F13 1974 Corvette Convertible 350 CI, Automatic $16,500
F38 1961 Corvette Convertible 283/315 HP FI, 4-Speed $52,500
F43 1957 Corvette Convertible 283/283 HP FI, 4-Speed $79,000
F45 1967 Corvette Convertible 427/435 HP, 4-Speed $80,000
F76 1979 Corvette Coupe 350 CI, 4-speed $9,500
F78 1980 Corvette Coupe 350/190 HP, 4-Speed Manual $15,000
F86 1972 Corvette Coupe 350 CI, 3-speed Automatic $18,750
F104 1967 Corvette Convertible 427/400 HP, 4-speed $80,000
F110 1958 Corvette Convertible 283/290, 4-Speed Manual $59,000
F114 1966 Corvette Coupe 427/550 HP, 6-speed $73,000
F125 1965 Corvette Coupe 327/300 HP, 4-speed Manual $41,000
F128 1977 Corvette Coupe 350 CI, Automatic $14,250
F134 1972 Corvette Coupe 350/350 HP, 3-Speed Automatic $15,750
F141 1969 Corvette Coupe 350/300 HP, 4-Speed Manual $18,000
F151 1976 Corvette Coupe 350 CI, Automatic $11,250
F152 1996 Corvette Collector’s Edition Convertible $18,500
F181 1968 Corvette 427/435 HP, 4-Speed $43,500
F195 1998 Corvette Convertible First C5 Convertible $38,000
F197 2007 Corvette Z06 Coupe Ron Fellows Special Edition $80,000
F198 1994 Corvette Convertible Inaugural Brickyard 400 Festival Car $37,500
F199 2003 Corvette Convertible Indy Festival Car $33,000
F200 2005 Corvette Convertible Indianapolis 500 Track Car $43,500
F203 1966 Corvette Coupe Owned by Roy Orbison $33,500
F207 1988 Corvette Challenge Car, 1 of 56 $40,000
F208 1955 Corvette Duntov Test Mule EX-87 $310,000
F230 1957 Corvette Convertible 283/250 HP Fuelie, Auto $74,000
F235 1956 Corvette Convertible 265/225 HP, Automatic $52,000
F236 1967 Corvette Convertible 427/435 HP, 4-Speed $162,500
F243 1999 Corvette Coupe Lingenfelter 427 Twin Turbo $80,000
F269 1988 Corvette Convertible $22,500
S9 1975 Corvette 4-door Custom 350 CI, Automatic $25,000
S33 1958 Corvette Resto Mod 350/400 HP, 6-Speed $137,500
S78 1969 Corvette Coupe 427/435 HP, 4-Speed $36,500
S79 1966 Corvette Convertible 427/450HP 4-Speed $97,500
S89 1967 Corvette Convertible 427/390 HP, 4-Speed $71,000
S90 1969 Corvette Convertible 350/300 HP, 4-Speed $29,500
S217 1978 Corvette Indy Pace Car, 350 CI, Automatic $23,000
U5 1972 Corvette Coupe 350 CI, 3-speed Automatic $19,000
U8 1991 Corvette Coupe 350 CI, Automatic $16,500
U34 2001 Corvette Convertible 350 HP, Automatic $19,000
U71 1969 Corvette AA/GS Flip Top Gasser Stone Woods & Cooke Gasser, 454/1247 HP $22,000
U88 1954 Corvette Roadster $38,500
U94 1968 Corvette Coupe 427/390 HP, 4-Speed $41,000
U144 2000 Corvette Convertible $14,000
U165 1958 Corvette Convertible 283/270 HP, 4-speed $46,000


Source:
Mecum Auctions

Related:
Legendary EX87 Corvette Test Mule Offered at Mecum’s Spring Classic
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million

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Wrecked 2009 Corvette ZR1 for Sale on eBay

by Keith Cornett on May 3, 2009

Wrecked 2009 Corvette ZR1 for Sale on eBay

There is a reason that new Corvette ZR1′s come with a free 2-day driving course at schools like Bondurant. There is a lot of power in the 638-hp supercharged Corvette and while there are many technological features designed to keep you in control, sometimes shit happens that can be hard to do. While we don’t know the details of what happened to this Corvette ZR1, we did surmise the following:

Man stomps on accelerator, Corvette ZR1 gets sideways and whacks something really hard. Insurance covers accident and Corvette is put up for sale on eBay.

So we finally have come to the moment in the Corvette ZR1 timeline that we can check-off seeing the first damaged car being sold on eBay. VIN #00427 is a 2009 Cyber Gray Corvette ZR1 that looks like it took a hit to the driver’s rear quarter panel. From the looks of things, that back wheel is gonna need a serious alignment.

The auction details tell of some of the damage:

  • Cracks on the left side in the rear tub assembly
  • Rear bumper cover is TORN.
  • The lower control arms on the left rear are bent.
  • This is a fantastic Corvette with numerous features. A sure to please.

The ZR1 in the auction does please with its ZR3 Premium Package and the low 1,227 miles on the odometer. So what does a slightly used, slightly damaged Corvette go for? The opening bid is $75,000 and there is a “buy-it-now” at $97,500.

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2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1
2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1 2009 Cyber Gray Corvette ZR1

The auction ends on May 12th. For details, check out the full auction listing on eBay.


Source:
eBay

Related:
[VIDEO] Hertz Corvette ZHZ Slams Into 8 Cars in Philadelphia
[VIDEO] C6 Corvette Side Impact Crash Test

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NCM to Auction First Competition Sport Corvette Z06

The National Corvette Museum will be raffling the very first 2009 Competition Sport Corvette (RPO CSC) which is a Blade Silver Z06 with Black stripes. The drawing will be held today at 2pm CST and according to an email sent yesterday, only 270 of the 500 tickets total have been sold so your odds of winning are extremely favorable. As the CSC Corvettes all come with a number signifying the build sequence, some lucky winner will get the chance to win #01.

2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06
2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06 2009 Competition Sport Corvette Z06

The Competition Sport Corvette Z06 Package features:

  • Blade Silver/Black exterior
  • Ebony interior with Titanium embroidery
  • Corvette Racing “Jake” and “CRS” logos
  • Corvette Racing pedals from Genuine Corvette Accessories
  • Differential Cooler
  • Red painted brake calipers
  • Z06 tall spoiler
  • Head Up Display
  • R8C Museum Delivery

The winner will have the opportunity to take delivery at the Museum and participate in the R8C Delivery Program.

“We are excited to have the first produced representing this extraordinary Corvette model to use as a fundraiser,” states NCM Executive Director, Wendell Strode. “We appreciate the allocation from our friends at GM allowing us the chance to purchase this car for use as a fundraiser, and look forward to meeting the winner when they take delivery at the Museum. We hope that by continuing to offer these raffles to benefit the Museum, we are also giving someone an opportunity to become a Corvette owner that might not have had the opportunity.”

The Corvette raffles have become an important fundraising tool for the museum. The muesum actually purchases these Corvettes from the factory and then makes money from the difference in what it collects from the raffle ticket sales.

Tickets for the 2009 Competition Sport Z06 are $425 each and available online at at the Corvette Museum or by calling us at: (800) 538-3883.

Update

Congratulations to William Leighton of The Woodlands, TX drawn this afternoon as the winner of the limited edition 2009 Competition Sport Corvette Z06! William held winning ticket number 054 and his odds were even better than expected because this raffle did not sell out. We sold 464 of the 500 tickets that were made available. William was shopping online in the Corvette Store and decided to take a chance. He has never visited the Museum before and looks foward to coming and taking delivery of this special edition Corvette. Thanks to everyone who participated in this raffle. Your next chance to win is coming up on May 7 when we will draw a winner for the 2009 Cyber Gray Corvette Coupe. Only 500 tickets are being sold at $250 each.


Source:
National Corvette Museum

Related:
Corvette Museum Selling 2008 Corvette Coupe VIN #000001
2009 Corvette Competition Sport Package Pricing Revealed
My Hot Lap Around Sebring in a 2009 Competition Sport Corvette

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Legendary EX87 Corvette Test Mule Offered at Mecum's Spring Classic

Chevrolet Dealer and noted Corvette Collector Bob McDorman will be bringing 25 unique cars to Dana Mecum’s Spring Classic in Indianapolis in mid-May. Among those cars is the first true high-performance Corvette in history, the 1954 EX87 test mule that Corvette’s first Chief Engineer Zora Arkus-Duntov drove to 163 mph at the Arizona Proving Grounds.

It was in the mid-1950’s that Zora Arkus-Duntov had Daytona legend Smokey Yunick install an experimental V8 engine into a 1954 Corvette test mule. Following that test, EX87 was reissued a new tracking number of 5951 and was returned to Zora at Chevrolet Engineering to prepare for a high-speed record run at Daytona Beach in January 1956.

Duntov modified the Corvette by replacing the windshield with a curved Plexiglas windscreen and fitting a fiberglass tonneau cover over the passenger side of the cockpit. Zora also fabricated a fiberglass headrest-tailfin for high speed stability.

Zora then went to work on the engine, increasing displacement from 283 to 307 ci and ordered a special camshaft from Engineering before loading EX87 onto a trailer and heading for GM’s Arizona Desert Proving Ground.

Engineering delivered “Duntov’s Cam” to the proving grounds and once installed, the test mule set a new record of 163 miles per hour. That cam became know as the “Duntov Cam”.

Once testing at the proving grounds was completed, the engine was pulled and installed in another famous Corvette #6901 which set a new record at Daytona with a run of 150.583 mph.

Following the death of Smokey Yunick in 2001, his widow called friend Steve Tate and said she had “some stuff around the shop” and to come see if there was anything he wanted. Among that “stuff” was an engine marked “Record Run”, the same engine Smokey installed in EX87/5951.

Tate tracked down the car and purchased it and its original Chevrolet experimental log book. Tate restored the Corvette and reunited it with the engine that set records so long ago. Upon completion, the Corvette was featured at the 2003 Bloomington Gold Corvette show.

EX87 Corvette Test Mule EX87 Corvette Test Mule EX87 Corvette Test Mule
EX87 Corvette Test Mule EX87 Corvette Test Mule EX87 Corvette Test Mule
EX87 Corvette Test Mule EX87 Corvette Test Mule  

The 1954 EX87 Corvette is one of the featured cars being auction by Mecum at the company’s Spring Classic in Indianapolis on Friday, May 15th. The auction will be part of the Mecum’s Muscle Cars and More TV show on HD Theater. Visit Mecum Auctions for more info and the car list for the Original Spring Classic Auction.


Source:
Mecum Auctions

Related:
Auction Preview: 1957 COPO Air-Box Fuelie Corvette Racer
Auction Preview: 1965 Caplan/Gulstrand Corvette Racer
[VIDEO] Auction Results: 1969 Corvette L88 COPO Racer
[VIDEO] Gulf One 1963 Corvette Z06 Sells for $1.05 Million
Breaking News: Corvette Grand Sport #002 Fails to Reach Reserve

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1959 Corvette Custom Resto-Mod

At last weekend’s Barrett-Jackson Collector Car Auction in Palm Beach, Florida, this 1959 Corvette Resto-Mod stole the show and ended up at the top of the Corvette pricing chart for the three day event. The custom C1 roadster hammered for $135,000 and with a 10% buyers commission, the total price rose to $148,500.

1959 Corvette catalog description from Barrett-Jackson:

Features a new custom body with a custom chassis, chrome C4 suspension, new C4 4-wheel disc brakes, new GM LS3 Cammer engine with 500hp and a 2 year GM warranty. Equipped with all chrome components from Street & Performance including a 4L60E 4-speed.

A 1959 custom Corvette that was just completed. Features a new custom body with a professionally-built custom chassis, chromed C4 front and rear suspension with 5-way dampened chrome Aldan shocks, new drilled and slotted C4 4-wheel disc brakes, a brand new GM LS3 Cammer engine with 500hp and a 2-year GM warranty. It is fully equipped with all chrome components from Street & Performance including a 4L60E 4-speed transmission. The car has power steering, power brakes, tilt wheel, air conditioning, power windows and custom polished stainless steel Magnaflow exhaust. It is also equipped with AM/FM/CD stereo with 7″ LCD screen for rear view camera plus DVD player,18″ Intro wheels on front and 20″ on back with Nitro Extreme tires, power activated hood and trunk. The custom Ivory and Red/Orange leather interior is beautifully done. Car does not come with a top, but a standard 1959 Corvette hard or softtop will fit. The car has attended 2008 Bowling Green Goodguys Show where it received a Fab 5 Pick. It drives like a new ‘Vette and is absolutely stunning.

Corvette Sales for the three day auction event raised over $2.15 million. Click here for the Corvette Auction Results from Barrett-Jackson Palm Beach.


Source:
Barrett-Jackson Collector Car Auction
SPEED

Related:
Barrett-Jackson Palm Beach 09: $2.15 Million in Corvette Sales
Government Halts Barrett-Jackson Sale of GM Cars
Auction Results: 1988 35th Anniversary Corvette Sells For Record High
Corvette Auction: 2009 Barrett-Jackson Palm Beach Preview

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1959 Corvette Custom Resto-Mod

Barrett-Jackson concluded their three day collector car event in South Florida on Saturday and sales of the 39 Corvettes featured at the no-reserve auction totaled $2,146,275. This trails last year’s 4-day, 59 Corvette auction that brought in $3.8 Million in sales. Included in the sale were 11 Corvettes from GM’s Heritage Collection which brought a total of $496,650.

The overall top selling Corvette was a 1959 Corvette Custom Resto-Mod (Lot #652.1)equipped with a LS3 500-hp V8 and a ton of toys like the 7″ LCD screen for rear view camera plus DVD player and power activated trunk and hood. The custom Red/White cove roadster sold for $148,500 which was the eighth highest selling car of the entire auction. Second on the Corvette sales list was another C1, an original documented 1962 Roadster (Lot #674.1) powered by a 327 cubic inch fuelie. The Honduras Maroon NCRS Top Flight Corvette sold for $143,000.

As you may have read, sales of GM’s Heritage Collection cars was halted midway through Thursday’s auction by the National Highway Traffic Safety Administration over concerns that buyers would try to register the “scrap” titled cars for the road. Cooler heads prevailed and the sales resumed on Friday.

The top selling Corvette from the Heritage Collection was the 1999 “First Built” Hardtop (Lot #678.1). Equipped with an LS1 V8, Z51 suspension and a 6-speed manual transmission, the first production hardtop since 1967 sold for $110,000.

Here are the Corvette Sales Results from the 2009 Barrett-Jackson Palm Beach Auction:

LOT # YEAR MODEL STYLE HIGH BID
13 1994 CORVETTE "FIRST BUILT" COUPE * $23,650.00
21 1993 CORVETTE 40TH ANN CONVERTIBLE $16,775.00
24 1994 CORVETTE COUPE $17,600.00
28 1968 CORVETTE COUPE 327 CI $27,500.00
38 1988 CORVETTE 35TH ANNIVERSARY COUPE $41,250.00
44 1990 CORVETTE ZR-1 COUPE $22,000.00
47 2007 CORVETTE Z06 COUPE $55,000.00
51 1971 CORVETTE COUPE 350 CI $20,350.00
57 2005 CORVETTE C-6 COUPE TEST MULE * $24,200.00
57.1 1988 CORVETTE TWIN TURBO COUPE * $42,900.00
326.1 1978 CORVETTE 25TH ANNIVERSARY L82 $28,050.00
342 1972 CORVETTE COUPE 454 CI $27,500.00
342.1 1978 CORVETTE PACE CAR $37,400.00
344 1965 CORVETTE CONVERTIBLE 396 CI $57,200.00
348.1 1971 CORVETTE CONVERTIBLE 350 CI $35,200.00
348.2 1964 CORVETTE CONVERTIBLE 350 CI $46,200.00
355.2 1964 CORVETTE CONVERTIBLE 327 CI $43,450.00
386 1969 CORVETTE COUPE 427 CI $42,350.00
398 1967 CORVETTE CONVERTIBLE 327 CI $57,200.00
421 2003 CORVETTE LEMANS SAFETY CAR #6 * $28,600.00
637.1 1960 CORVETTE CONVERTIBLE 283 CI $99,000.00
638 1967 CORVETTE COUPE 327 CI $55,000.00
645 1969 CORVETTE CONVERTIBLE 427 CI $66,000.00
646 1966 CORVETTE COUPE 427 CI $79,200.00
652.1 1959 CORVETTE CUSTOM CONVERTIBLE $148,500.00
654 2004 CORVETTE CUSTOM CONVERTIBLE $90,200.00
656 1966 CORVETTE COUPE 327 CI $75,900.00
664 1954 CORVETTE BLACK CONVERTIBLE $110,000.00
674.1 1962 CORVETTE CONVERTIBLE 327 FI $143,000.00
675 1978 CORVETTE INDY 500 PACE CAR #4 * $29,700.00
676.1 1990 CORVETTE ZR-1 "ACTIVE" PROTOTYPE * $66,000.00
677 1997 CORVETTE CERV IV-B * $66,000.00
678.1 1999 CORVETTE "FIRST BUILT" HARDTOP LS1 * $110,000.00
679.2 2006 CORVETTE Z06 COUPE "FIRST BUILT" * $50,600.00
680.1 1984 CAPRICE "CORVETTE B WAGON" * $22,000.00
680.2 1997 CORVETTE LEMANS SHOW PACE CAR * $33,000.00
681.1 1960 CORVETTE CONVERTIBLE 283 CI $84,700.00
686 1966 CORVETTE CONVERTIBLE 327 CI $62,700.00
686.1 1969 CORVETTE CONVERTIBLE 427 CI $59,400.00
         
      Total Sales: $2,416,275

* All prices include 10% buyers commission


Source:
Barrett-Jackson Collector Car Auction

Related:
Government Halts Barrett-Jackson Sale of GM Cars
Auction Results: 1988 35th Anniversary Corvette Sells For Record High
Corvette Auction: 2009 Barrett-Jackson Palm Beach Preview

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Government Halts Barrett-Jackson Sale of GM Cars

by Keith Cornett on April 10, 2009

National Highway Traffic Safety Administration

Update: A CorvetteBlogger reader tells us the sale of GM vehicles at Barrett-Jackson is back on. The reversal of the NHTSA sent a wave of applause and high-fives throughout the Palm Beach auction.

We got the news late Thursday evening that the National Highway Traffic Safety Administration halted the sale of some of GM’s Heritage Collection Corvettes and other cars due to concerns that buyers may be unaware that cars sold on a scrap title or bill of sale are not to be registered for the street, despite the fact that GM and Barrett-Jackson list a disclaimer that says the same.

Sports Car Market reports:

West Palm Beach, Florida: Midway through Friday’s collector car sale, representatives of the National Highway Traffic Safety Administration (NHTSA) forced Barrett-Jackson to stop the sale of certain cars from the GM Heritage Fleet. Our sources tell us that this order from NHTSA was completely unexpected; Barrett-Jackson and GM have been extremely careful to note, in written material posted on the cars, which GM cars are sold on “salvage titles” or similar, and cannot be registered. Apparently, despite this, NHTSA is concerned that someone “might try” to register the cars for the street.

GM and Barrett-Jackson are attempting to resolve this so that the cars, which have been heavily publicized and have drawn bidders from across the nation, can be sold. Unfortunately, discussions are hampered by the fact that the relevant NHTSA offices are closed for the day, and reportedly will be closed tomorrow as well.

The disclaimers can be seen on each of the GM Corvettes and cars sold with “scrap” titles or Bill of Sales. The disclaimers read:

THIS IS A CONCEPT VEHICLE. NEITHER GM NOR BARRETT-JACKSON MAKE ANY WARRANTY OR REPRESENTATION OF ANY KIND, EXPRESS OR IMPLIED, CONCERNING THE VEHICLE, INCLUDING NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. THE VEHICLE IS NOT CERTIFIED TO COMPLY WITH ANY FEDERAL, STATE OR LOCAL LAWS, RULES OR REGULATIONS AND MAY NOT BE DRIVEN ON PUBLIC ROADS. THIS VEHICLE WILL BE CONVEYED TO BUYER WITH NO MANUFACTURER STATEMENT OF ORIGIN (MSO) OR TITLE AND THE VEHICLE DOES NOT HAVE A COMPLETE VIN. SOLD ON BILL OF SALE ONLY.
The Government intervention Thursday evening halted the sale of 18 GM cars including two Corvettes:
  • Lot #57 – 2005 Corvette C6 Coupe Test Mule
  • Lot #57.1 – 1988 Corvette Twin Turbo Coupe


Source:
Barrett-Jackson Collector Car Auction

Related:
Corvette Auction: GM to Sell Part of Heritage Collection
Auction Results: 1988 35th Anniversary Corvette Sells For Record High
Corvette Auction: 2009 Barrett-Jackson Palm Beach Preview

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1988 35th Anniversary Corvette

Only 9% of the Corvettes manufactured in 1988 received the Z01 35th Anniversary Package and the example that sold today at Barrett-Jackson’s Palm Beach auction could quite possibly be the nicest one in existence.

The 35th Anniversary Package featured a white exterior with white wheels, white seats and steering wheel as well as special emblems and a console mounted plaque. 2,050 Coupes were produced at an extra cost of $4,795 over the $29,489 base price.

1988 35th Anniversary Corvette 1988 35th Anniversary Corvette 1988 35th Anniversary Corvette

Lot #38 was an original one owner Z01 optioned Corvette with only 682 miles. The 350/245 engine was coupled to a rare 4-speed manual transmission (MMF), an option chosen only 19%. For 21 years the Corvette was stored in a climate controlled environment.

The 35th Anniversary Corvette hammered home for $37,500 and with commission the final sales price was $41,250. This easily beats the high price for a 35th Anniversary edition of $32,100 at an RM Auction held in 1998 in Monterey as listed in the VetteMarket.com CP database.

Our Corvette Price Guide’s 2008 high for a 35th Anniversary Coupe was $28,000. In addition, the one year appreciation shows 1% growth over the previous year.


Source:
Barrett-Jackson Collector Car Auction

Related:
Corvette Auction: 2009 Barrett-Jackson Palm Beach Preview
Corvette Auction: GM to Sell Part of Heritage Collection
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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First Built 2006 Corvette Z06

The 7th Annual Barrett-Jackson Collector Car Auction at Palm Beach gets underway this Thursday and currently 39 Corvettes are listed on the auction docket. The list is an interesting mix of classics and newer Corvettes because, like January’s Scottsdale auction, General Motors is selling 100 vehicles from its Heritage Collection which includes 11 Corvettes and prototypes.

The earliest Corvette on the list is a black 1954 Corvette roadster (Lot #664). The Corvette is off a fresh frame off restoration and is powered by the 235 ci straight 6 Blue Flame engine. With only 4 Corvettes thought to be original black cars in 1954, we doubt this Corvette is one of them as there is no mention of documentation or certification from NCRS/Bloomington.

Another early Corvette we think will do well is a 1966 Corvette Coupe (Lot #646) equipped with a 427/390 V8 and a 4-speed. The matching numbers coupe comes with factory air conditioning, J56 power brakes, power antenna, day/night mirror, back-up lights, traffic hazard warning, AM/FM radio, knock-off wheels and correct General tires. This Corvette was awarded an NCRS Top Flight at the Dallas Texas Regional in October 2008.

There are a couple unique GM Heritage Collection cars here as well. While many will like the 1978 Corvette Indy Pace Car (Lot #675) that is 1 of 4 Corvettes used at the race, we like several of the prototypes and mule cars being made available. In that category, collectors can choose from the 1999 First Built Hardtop (Lot #678.1) stuffed with an LS7, the 1990 ZR-1 “Active” prototype (Lot #676.1) and a 2005 C6 Coupe Test Mule (Lot #57) that still features its camouflage coverings.

Also of interest is the first built 2006 Corvette Z06 (Lot #679.2) driven at Nurburgring in 2005 by Corvette Racing driver Jan Magnussen. We recommend you take a couple of minutes and read up on the description of this historic C6 Corvette.

SPEED TV will be providing 22 hours of auction coverage with the live action starting at 12 noon on Thursday, April 9th. Download our 2009 Barrett-Jackson Palm Beach Corvette Schedule for auction and coverage times.


Source:
Barrett-Jackson Collector Car Auction

Related:
Corvette Auction: GM to Sell Part of Heritage Collection
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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C3 Corvette Coupe at RM Auction

RM Auctions was in South Florida earlier this month with 34 Corvettes for the two-day Collector Cars of Fort Lauderdale event. Unfortunately buyers were tight with their checkbooks and only 12 Corvettes sold bringing in a total of $707,025 in Corvette Sales.

Top seller was a 1963 Corvette Convertible Fuelie which sold for $110,000. Two Corvettes were bidded up to over $100,000 but resulted in no sales. A 1953 Corvette Roadster (VIN Unknown) reached $235,000 and a 1962 Corvette Roadster was a no sale at $130,000.

Here are the results for Corvettes at RM’s Collector Cars of Ft. Lauderdale:

LOT # YEAR MODEL DESC HIGH SOLD
SP75 1953 Corvette Convertible $235,000  
NR47 1954 Corvette Convertible   $57,200
SP86 1957 Corvette Convertible FI   $80,300
SP57 1958 Corvette Convertible $60,000  
SP69 1959 Corvette Convertible   $57,200
455 1960 Corvette Convertible $60,000  
SP118 1960 Corvette Convertible   $55,000
169 1962 Corvette Convertible $30,000  
SP60 1962 Corvette Convertible $130,000  
SP28 1963 Corvette Coupe FI   $110,000
426 1964 Corvette Convertible $32,000  
618 1964 Corvette Convertible $27,000  
SP90 1964 Corvette Convertible FI $57,500  
464 1964 Corvette Coupe $36,000  
SP48 1964 Corvette Coupe $70,000  
408 1964 Corvette Coupe   $64,900
445 1964 Corvette Coupe   $45,100
624 1965 Corvette Convertible $40,000  
SP95 1966 Corvette Coupe 427/390 80,000  
SP79 1966 Corvette Convertible 427/425 $90,000  
NR27 1966 Corvette Coupe Tanker   $52,250
447 1967 Corvette Convertible 427/435 $60,000  
SP31 1967 Corvette Coupe   $96,800
173 1969 Corvette Convertible   $35,200
433 1969 Corvette Convertible $32,000  
SP58 1970 Corvette Convertible $29,000  
105 1971 Corvette Convertible $16,500  
NR57 1971 Corvette Convertible   $17,600
623 1971 Corvette Coupe $21,000  
SP93 1972 Corvette Convertible $29,000  
414 1972 Corvette Coupe $18,500  
117 1982 Corvette Coupe $16,000  
432 2004 Corvette Convertible $61,000  
423 2005 Corvette Coupe   $35,475

RM Auctions will return to Florida next month for the prestigious Automobiles of Amelia Island auction at the luxurious Ritz-Carlton Hotel on March 14th, 2009.


Source:
RM Auctions

Related:
Mecum’s 2009 Kissimmee Auction Corvette Sales Top $3.95 Million
Auction Results: Barrett-Jackson Corvette Sales Total $10 Million

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