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Auctions & Results

This 1963 Grand Sport Corvette Replica Sold for $61,000

Mecum concluded their two day Bloomington Gold auction on Saturday afternoon. It will be a memorable auction not for what sold, but for what didn’t sell. Only 108 of the 286 Corvettes sold which translates to a 38% success rating. However, many of the featured Corvettes didn’t reach reserve which makes us wonder if buyers were holding back or if sellers were asking too much.

The top seller for the weekend was a 1968 L88 Corvette Coupe with a Bloomington Gold Survivor award that sold for $300,000. Second on the list was a 1967 L71 427/435 Corvette that sold for $195,000.

Many of the top Corvettes listed failed to meet their reserve price. As we said earlier, we don’t know if buyers were holding back or if sellers were being unrealistic, but the fact remains that both camps would only buy or sell if the price was right.

The main attraction was Harley Earl’s 1963 Corvette Convertible. The bidding for the former Head of GM Design’s personal Sting Ray reached $985,000 but the reserve was said to be $1.3 million. Ed Cole’s former 1967 big block reached $550,000 but the reserve was said to be $700,000. The 1971 Corvette ZR2 Convertible reached $500,000 in bidding with the reserve set at $700,000.

The 108 cars that did sell over the two day auction totaled $5,226,550. Compared to last year’s Bloomington Gold auction that saw 138 Corvettes sell for a total of $8,745,619 and a sales success of 47%, I would say that the Corvette investment market has definitely been impacted by the downturn in the economy over the last year.

Finally, reading the forums and listening to other accounts of the auction, we heard the following:

Corvette Dealer Bob McDorman was upset that the Callaway Speedster he auctioned was sold for $115,000. According to a second hand source, McDorman wasn’t paying attention when asked whether he wanted to lift the reserve on this rare car and only after consenting to removing the reserve and the gavel falling did he realize what happened. Rumor has it he was recently offered $150,000 for the unique Series 1 Speedster.

Many reported to see on the Discovery HD television coverage a 1962 Corvette bump the wall of the facility while making its way off the auction block on Friday. A Corvette forum member did inspect the Corvette later and found no noticeable damage to the car.

Here are the results from Mecum’s 2009 Bloomington Gold Auction.


Bloomington 2009: Harley Earl’s 1963 Corvette a No Sale at $985,000
Bloomington 2009: 1968 L88 Corvette Sets Auction High Selling Price at $300K
Bloomington 2009: Twin-Turbo 1991 Corvette Callaway Speedster Sells for $115,000
Bloomington 2009: 1966 Corvette Convertible Sells for $83,500
Mecum’s Two-Day Corvette Auction at Bloomington Gold Show
Auction Preview: Mecum Selling Harley Earl’s 1963 Corvette Roadster

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Bloomington 2009:  Harley Earl's 1963 Corvette a No Sale at $985,000

The personal car belonging to legendary General Motor’s automotive designer Harley Earl was a no sale at Mecum’s 2009 Bloomington Gold auction. The Corvette convertible was the main attraction on Saturday where it was introduced with great fanfare. Bidding started at $400,000 for the custom Sting Ray and quickly climbed to the high bid of $985,000 before stalling. The auctioneer proclaimed a no sale (Mecum’s the bid goes on) as the seller set the reserve at $1.3 million.


Bloomington 2009:  Twin-Turbo 1991 Corvette Callaway Speedster Sells for $115,000

One of more interesting time periods for Corvette came midway through the C4 production run when you could order a twin-turbo for your Corvette. In 1991, the B2K twin-turbo RPO was the only non-GM performance option that could be ordered on a Corvette. This limited edition 1991 Series 1 Corvette Callaway Speedster is #8 of 10 made and used to be part of the Otis Chandler collection before being acquired by Chevrolet dealer and Corvette collector Bob McDorman.


Bloomington 2009:  1968 L88 Corvette Sets Auction High Selling Price at $300K

Sales were very few and far between on the second day of Mecum’s High Performance Auction at Bloomington Gold. We’ll discuss this later when we tabulate the sales results. So when this 1968 L88 Corvette Coupe crossed the auction block, we weren’t getting our hopes up that the big block would sell. But the checkbooks came out for an original Bloomington Gold Survivor L88 and the $300,000 selling price was the highest price paid for a Corvette all weekend.

Here is the description of the L88 from Mecum’s catalog:

The dominant force of its time in SCCA and FIA competition, the L88 Corvette is still one of the wildest of any generation. With over 560 horsepower on tap at 5600rpm, the L88’s thumping powerplant far exceeded its factory-rated 430. Add its requisite F41 suspension, heavy duty disc brakes and indestructible Positraction rear end and the L88 was without peer.

Formerly a prominent piece of the Steve Hendrickson collection, this fabulous 1968 coupe embodies all the qualities dedicated collectors are searching for in their quest for the Holy Grail of Corvettes. In 1991 it collected an amazing NCRS judging score of 95.5 out of 100, and today it counts Bloomington Gold Silver and Survivor Certification awards in its well-documented history.

The car’s all-conquering L88 427 engine is complemented with the best from the 1968 equipment list, incorporating transistorized ignition, an M22 “Rock Crusher” 4-speed, J50/J56 heavy-duty power disc brakes, N36 telescopic steering and N11 off-road exhaust. It all comes together wrapped in sparkling International Blue with a Dark Blue interior, both in extraordinary condition, and completed with Rally wheels with correct Red Stripe tires.

Climb into the Dark Blue cockpit, depress the clutch pedal and turn the key, and the L88 barks instantly to life, idling crisply and rewarding the driver with instantaneous throttle response. When everything is up to the right operating temperature, the car answers every command with immediacy only possible in a big block Corvette built specifically for competition.

Documentation includes the Bloomington Gold Survivor Certificate, NCRS judging sheet, chain of ownership, window sticker and Protect-O-Plate.

The L88 legend is still very much alive, and it absolutely thrives in this shining example of the King of Corvettes.


  • Rare 1968 L88 427 4-speed
  • International Blue with Dark Blue vinyl interior
  • All correct original codes and numbers
  • M22 “Rock Crusher” manual transmission
  • F41 suspension
  • J56 heavy duty brakes
  • N11 off-road exhaust
  • A01 Soft Ray tinted glass
  • Telescopic steering column
  • Red Stripe tires

Mecum High Performance Auctions

Bloomington 2009: Twin-Turbo 1991 Corvette Callaway Speedster Sells for $115,000
Bloomington 2009: 1966 Corvette Convertible Sells for $83,500
Mecum’s Two-Day Corvette Auction at Bloomington Gold Show
Auction Preview: Mecum Selling Harley Earl’s 1963 Corvette Roadster

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Mecum's Two-Day Corvette Auction at Bloomington Gold Show

The live internet feed of Mecum’s Corvette auction at the Bloomington Gold show in St. Charles, Illinois just kicked off a few minutes ago and the HD Theater coverage will start at 6pm EST. Over 300 Corvettes are expected to cross the selling block today and tomorrow. You can watch the internet feed via

For a complete list of Corvettes for sale, click here to download the car list.


Bloomington 2009:  1966 Corvette Convertible Sells for $83,500

This Ermine White 1966 Corvette Convertible was one of the high points on the first day of Mecum’s Corvette auction at the annual Bloomington Gold show in St. Charles, Illinois. The L72 427/425 hp V8 powered Corvette crossed the block early Friday and was sold for $83,500. Video of the sale is after the jump.

In 1966 the very first 427 engines found their way into Corvettes. Legend has it that the horsepower rating was over 450 but GM artificially deflated the numbers to please the insurance industry. The new power plant boosted the sting Ray’s street-cred immediately: 0-60 mph in 5.7 seconds and a 14-sec quarter mile.

This Ermine White Corvette is a numbers matching original example featuring the L72 427/425 hp engine. The V8 is mated to a 4-speed transmission with aggressive 4.11 gears while the exhaust exits through its distinct shrouded side pipes. Original Kelsey Hayes knock-off wheels, two tops and a teak wood steering wheel complete the classic package.

Both buyer and sellers should be pleased with this sale. The $83,500 paid puts this car in the top 20 of 1966 Corvette 427/425 prices according to Corvette Market’s Database and our Corvette Price Guide has the 1966 Corvette appreciating at 7% per year. Not too shabby in this economy!


Mecum’s Two-Day Corvette Auction at Bloomington Gold Show
Auction Preview: Mecum Selling Harley Earl’s 1963 Corvette Roadster

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Harley Earl's 1963 Corvette Roadster

As the legendary designer and former head of GM’s Color and Style department, Harley Earl will always be remembered for his contributions to automotive design he made during his reign at GM in the heyday of America’s automotive manufacturing era. It was Earl that envisioned the idea of a two-seater sports car in the early 50′s and that idea culminated with the unveiling of the Corvette at the 1953 Motorama Show in New York.


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

Mecum Auctions

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.

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.


[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.


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.

National Corvette Museum

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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