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Auctions & Results

1970 LT-1 Corvette Convertible

Mecum’s High Performance Auction came to Kissimmee in January and put on a great auction despite an occasional shower or two on Saturday. The three day auction racked up $15 million in total car sales with Corvettes bringing in just under $4.5 million. Of the 162 Corvettes offered, 102 changed hands giving the Kissimmee auction a 63.3% sales percentage for Corvette.

The top selling Corvette was the #112 1953 Corvette I documented in this auction video. The first-year Corvette was sold to Proteam for $249,900. A Silver/Black 1967 Corvette Convertible with a L71 427 ci 435 hp engine was second on the Corvette sales list with a selling price of $188,000. This Corvette featured Silver Pearl paint with black interior and a black stinger hood. The Corvette is documented with its original tank sticker, Corvette Owner’s Manual, Owner Protection Plan booklet and has a Bloomington Gold Certificate and two Top Flights Awards from the NCRS.

One of my favorite Corvettes that made the sold column (and is pictured above) was a 1970 LT1 Convertible with just 9,174 original miles. The Corvette was purchased new in 1970 by Jose Ramirez. Jose seldom drove it and stopped driving the Corvette altogether in 1979 because it wasn’t running properly. In 2006 it was discovered that the plug wires had been installed incorrectly. The Corvette sat in his driveway from 1979 until 1992. At some point, a tree limb fell on the nose damaging both headlight doors. The city of Galesburg, IL requested Jose move the car due to their derelict auto ordinance. When he did not, the city had the Corvette towed (the tow trick driver had to use a chainsaw to free the Vette from the tree limb). Jose then chose to pay $200 per month for the next 14 years to have it stored indoors. It was untouched there until he passed away in 2006. The car was sold to Proteam Corvette for $72,450.

The complete Corvette sales results from Mecum’s Kissimmee auction are after the jump.

Lot Year Description Sales Price
S1091953Chevrolet Corvette$249,900.00
F11957Chevrolet Corvette$72,450.00
S1621957Chevrolet Corvette$74,550.00
F130.11961Chevrolet Corvette$59,850.00
F2871961Chevrolet Corvette$55,650.00
S1491961Chevrolet Corvette$90,300.00
S1851961Chevrolet Corvette$91,875.00
S2161961Chevrolet Corvette$59,850.00
S60.11961Chevrolet Corvette$88,000.00
F511962Chevrolet Corvette$46,200.00
F269.11963Chevrolet Corvette$49,875.00
S1241963Chevrolet Corvette$97,650.00
S1361963Chevrolet Corvette$79,275.00
S641963Chevrolet Corvette$48,500.00
S85.11963Chevrolet Corvette$83,000.00
F1181964Chevrolet Corvette$37,275.00
F47.11964Chevrolet Corvette$30,450.00
F1771965Chevrolet Corvette$58,275.00
F212.11965Chevrolet Corvette$48,300.00
F991965Chevrolet Corvette$61,950.00
S1051965Chevrolet Corvette$61,950.00
S1171965Chevrolet Corvette$91,350.00
F1421966Chevrolet Corvette$65,625.00
F1741966Chevrolet Corvette$61,950.00
F2161966Chevrolet Corvette$44,630.00
F2861966Chevrolet Corvette$29,925.00
S1341966Chevrolet Corvette$108,150.00
S1391966Chevrolet Corvette$99,750.00
S187.11966Chevrolet Corvette$52,000.00
S2211966Chevrolet Corvette$80,000.00
S421966Chevrolet Corvette$47,250.00
S45.11966Chevrolet Corvette$74,550.00
S461966Chevrolet Corvette$69,825.00
T1401966Chevrolet Corvette$64,100.00
F1701967Chevrolet Corvette$52,500.00
S1351967Chevrolet Corvette$188,000.00
S1561967Chevrolet Corvette$136,500.00
S2111967Chevrolet Corvette$135,450.00
S431967Chevrolet Corvette$63,000.00
S781967Chevrolet Corvette$63,000.00
F671968Chevrolet Corvette$24,675.00
S1801968Chevrolet Corvette$54,600.00
T1371968Chevrolet Corvette$33,600.00
S1891969Chevrolet Corvette$78,750.00
S1921969Chevrolet Corvette$29,925.00
S341969Chevrolet Corvette$39,375.00
S1141970Chevrolet Corvette$72,450.00
S681970Chevrolet Corvette$32,550.00
S731970Chevrolet Corvette$35,700.00
U601970Chevrolet Corvette$15,000.00
F1251971Chevrolet Corvette$38,850.00
F2121971Chevrolet Corvette$23,625.00
F521971Chevrolet Corvette$27,825.00
S271971Chevrolet Corvette$45,150.00
S321971Chevrolet Corvette$42,250.00
S571971Chevrolet Corvette$26,250.00
T1041971Chevrolet Corvette$22,050.00
T1431971Chevrolet Corvette$29,400.00
T1101972Chevrolet Corvette$26,775.00
F1931973Chevrolet Corvette$18,900.00
S311973Chevrolet Corvette$25,988.00
F141974Chevrolet Corvette$18,000.00
F601974Chevrolet Corvette$19,950.00
F991974Chevrolet Corvette$24,675.00
T1411974Chevrolet Corvette$33,600.00
T231975Chevrolet Corvette$22,575.00
F81976Chevrolet Corvette$11,813.00
U31.11976Chevrolet Corvette$11,250.00
F551977Chevrolet Corvette$12,863.00
F1631978Chevrolet Corvette$30,450.00
F1811978Chevrolet Corvette$23,100.00
F1871978Chevrolet Corvette$16,538.00
F40.11978Chevrolet Corvette$11,288.00
S261978Chevrolet Corvette$23,100.00
T1821978Chevrolet Corvette$21,000.00
F481979Chevrolet Corvette$24,150.00
F871979Chevrolet Corvette$7,750.00
F881979Chevrolet Corvette$10,763.00
T1761979Chevrolet Corvette$8,700.00
F3081980Chevrolet Corvette$24,150.00
F561980Chevrolet Corvette$16,800.00
F1861981Chevrolet Corvette$17,588.00
U481981Chevrolet Corvette$9,750.00
F30.11982Chevrolet Corvette$9,500.00
T1691982Chevrolet Corvette$15,750.00
T271985Chevrolet Corvette$5,550.00
F2991987Chevrolet Corvette$6,000.00
S1.11987Chevrolet Corvette$6,700.00
T431987Chevrolet Corvette$12,338.00
F2831990Chevrolet Corvette$17,000.00
T1831990Chevrolet Corvette$19,425.00
S91991Chevrolet Corvette$10,000.00
F2731992Chevrolet Corvette$11,000.00
T391993Chevrolet Corvette$9,500.00
T711993Chevrolet Corvette$11,025.00
T741994Chevrolet Corvette$11,025.00
S1641995Chevrolet Corvette$29,925.00
T1781996Chevrolet Corvette$12,350.00
T1391997Chevrolet Corvette$20,475.00
T941997Chevrolet Corvette$16,500.00
F462000Chevrolet Corvette$24,150.00
F352004Chevrolet Corvette$32,550.00
 
Total Sales: $4,496,984.00


Source:
Mecum Collector Car Auctioneers

Related:
Auction Results: [VIDEO] 1953 Corvette Sold for $261,800

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NCM Auctioning Unique Zora Collectible Hot Wheel Corvette

by Keith Cornett on February 7, 2008

Zora Hot Wheels CollectibleThe National Corvette Museum’s eBay auctions are a great way to donate well-needed funds to the museum while getting the parts you need for your Corvette, but occasionally they throw a neat collectible up there as is the case this week. For those of you into collecting die-casts and miniature Corvettes, the NCM is offering a Hot Wheels Hall of Fame Legends Corvette that was created as part of the commemorative 35th anniversary series. The Hot Wheels 1:64 model appears to be a 1956 SR-2 with its signature fin. The packaging shows Corvette’s first chief engineer Zora Arkus-Duntov and is autographed by his wife Elfi Arkus-Duntov.

At the writing of this post, the current bid is $53.50. The auction closes on February 13th and the proceeds go to support the National Corvette Museum.

Click here for auction details.


Source:
National Corvette Museum

Related:
Corvette Museum Auctions Parts on eBay

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Auction Results: [VIDEO] 1953 Corvette Sold for $261,800

by Keith Cornett on January 27, 2008

Cool weather and an occasional shower were not enough to slow down the buyers from coming out to Mecum’s High Performance Auction this weekend in Kissimmee Florida. One of the star cars of the auction was this 1953 Corvette, serial #112. This Corvette was previously offered in 2007 and was the only no-sale out of the eight 1953 Corvettes we saw at auctions last year. At the Mecum’s High Performance Auction in St. Charles back in October it received a high-bid of $225,000.

Serial #112 appears to be the real deal. Featuring matching numbers and the owner’s history, this Corvette spent most of its life in Northern Indiana in St. Joseph County. It comes optioned with powerglide transmission, wonderbar radio, emergency brake warning light, windshield washers, courtesy lights, heater, hubcaps and 6.70×15″ wide white tires.

At the Kissimmee Auction, a high bid from Terry Michaelis of Proteam Corvette for $238,000 was enough to sell the Corvette this time around as it was reserved up to $235,000. Total price for the first-year Corvette after the 10% buyers commission was $261,800. UPDATE: When Mecum published the official results from the Kissimmee auction, this 1953′s price with sales commission was listed as $249,900.

Just a quick note about my experience at the Mecum auction. I’ve been going to the Kissimmee auctions for about 10 years now since it was paired up with the NCRS winter regional. It’s amazing how big this auction has become. Huge tents everywhere keep the Corvettes and other muscle cars cool and dry in case of inclement weather. Plenty of seating is availble for non-bidders and this year’s auction featured a couple of bars. Vendors are on the ground and there were plenty of choices for food. Mecum really puts on a great auction and if you enjoyed watching the Barrett-Jackson auction on TV, then you owe it to yourself to get out and see one of these large multi-car auctions live.


Source:
Mecum High Performance Auctions

Related:
RM Auction Results: 1953 Corvette Sells for $290,400
2007 List of 1953 Corvettes at Auction
[Video] Matched Set of 1953/2003 Corvettes sell for $390,500

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1963 Corvette Split Window Coupe

What else can be said about this year’s Barrett-Jackson Collector Car Auction. As every year, there were some great deals had and some cars sold at probably a higher price than what they would have sold for outside of Scottsdale, Arizona in mid-January. Despite a decrease of 40 Corvettes or so over last year’s totals, and especially the lack of big block 1967 Corvettes, the auction still pulled in slightly over $11 million in Corvette sales.

While the big winner of the week was GM with their Corvette ZR1 auction of the first retailable unit, number 0001, other Corvettes did particularly well. The 1963 Pininfarina Rondine (pronounced ron-din-eh) set the high for the entire auction at $1,600,000. The 1971 Corvette ZR2 sold for $325,000. A matched set of Corvettes which share the same VIN, one a 1958 Black Roadster and the other a 2008 Black Z06 sold for $260,000, and rounding out fifth place on the Top Corvette Sales list was a beautiful 1958 Silver Blue Corvette Roadster that gaveled for $220,000.

Dave Ressler’s bid of $1,000,000 for the right to buy the first Corvette ZR1 really sums up what Barrett-Jackson has become in its 37th year. It’s not just an auction, it’s an event to be celebrated by automotive aficionados as the Super Bowl of car auctions. It’s always interesting to see which car is the favorite as well as to note which cars aren’t there. I think it’s safe to say that this year the Ford Shelbys and Mustangs had a great run. And other than several notable Mercedes-Benz models, there were less European cars at this auction than I can remember in recent times.

Speed TV did a great job with the show as always. Sure, you can nitpick anybody’s comments from a live TV show, but the wealth of knowledge those guys bring to the broadcast really makes it enjoyable to watch and you can learn much from them. Also, I’d like to thank my wife for putting up with me watching gavel-to-gavel auction coverage from Tuesday to Sunday. You’re the bomb! So like the super bowl, we present our post-game stats in the form of the Corvette auction results list and video replays which are available after the jump.

LOT # YEAR MAKE/MODEL STYLE PRICE
27 1977 CHEVROLET CORVETTE COUPE $15,550.00
51 1978 CHEVROLET CORVETTE INDY PACE CAR $25,000.00
85 1978 CHEVROLET CORVETTE INDY PACE CAR COUPE $21,000.00
90 1995 CHEVROLET CORVETTE INDY PACE CAR CONVERTIBLE $38,000.00
304 1989 CHEVROLET CORVETTE CONVERTIBLE $17,000.00
314 1984 CHEVROLET CORVETTE COUPE $15,500.00
327 1984 CHEVROLET CORVETTE COUPE $19,000.00
338 1978 CHEVROLET CORVETTE PACE CAR COUPE $19,500.00
340 1985 CHEVROLET CORVETTE COUPE $15,000.00
345.1 1986 CHEVROLET CORVETTE COUPE $16,000.00
355 1991 CHEVROLET CORVETTE COUPE $25,000.00
385 1978 CHEVROLET CORVETTE COUPE $27,500.00
398 1990 CHEVROLET CORVETTE ZR1 $33,000.00
413 1973 CHEVROLET CORVETTE COUPE $34,000.00
416 1976 CHEVROLET CORVETTE COUPE $35,000.00
417 1966 CHEVROLET CORVETTE CONVERTIBLE $55,000.00
442 1965 CHEVROLET CORVETTE CONVERTIBLE $40,000.00
447 1968 CHEVROLET CORVETTE CONVERTIBLE $40,000.00
464 1966 CHEVROLET CORVETTE CONVERTIBLE $79,000.00
632 1995 CHEVROLET CORVETTE CONVERTIBLE $28,000.00
646.1 1986 CHEVROLET CORVETTE COUPE $16,500.00
654 1971 CHEVROLET CORVETTE COUPE $34,000.00
677.1 1969 CHEVROLET CORVETTE COUPE $26,500.00
689 1966 CHEVROLET CORVETTE CONVERTIBLE $60,500.00
690 1969 CHEVROLET CORVETTE COUPE $35,000.00
695.1 1969 CHEVROLET CORVETTE CONVERTIBLE $45,000.00
709 1963 CHEVROLET CORVETTE CONVERTIBLE $77,500.00
716 1967 CHEVROLET CORVETTE COUPE GRAND SPORT RE-CREATION $44,000.00
716.1 1966 CHEVROLET CORVETTE CONVERTIBLE $77,000.00
725.1 1966 CHEVROLET CORVETTE COUPE $80,000.00
728 1958 CHEVROLET CORVETTE CONVERTIBLE $75,000.00
742 1962 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $29,000.00
743 1963 CHEVROLET CORVETTE SPLIT WINDOW COUPE $58,000.00
755 1969 CHEVROLET CORVETTE CONVERTIBLE $80,000.00
932 1964 CHEVROLET CORVETTE COUPE $51,000.00
956 1962 CHEVROLET CORVETTE CONVERTIBLE $67,500.00
960.1 1956 CHEVROLET CORVETTE CONVERTIBLE $125,000.00
961.1 1990 CHEVROLET CORVETTE MARLBORO/PENSKE RM1 $53,000.00
971 1961 CHEVROLET CORVETTE CONVERTIBLE $85,000.00
975.1 1966 CHEVROLET CORVETTE COUPE $60,000.00
980.1 1954 CHEVROLET CORVETTE CONVERTIBLE $150,000.00
988.1 1955 CHEVROLET CORVETTE CONVERTIBLE RESTO-ROD

$66,000.00

990.1 1958 CHEVROLET CORVETTE CONVERTIBLE $220,000.00
991 1959 CHEVROLET CORVETTE CONVERTIBLE $120,000.00
992 1965 CHEVROLET CORVETTE CONVERTIBLE $92,500.00
992.1 1961 CHEVROLET CORVETTE CONVERTIBLE $85,000.00
1004.1 1954 CHEVROLET CORVETTE CONVERTIBLE $87,000.00
1009 1959 CHEVROLET CORVETTE CUSTOM WIDEBODY CONVERTIBLE $150,000.00
1013 1958 CHEVROLET CORVETTE CONVERTIBLE $98,000.00
1016.1 1966 CHEVROLET CORVETTE CONVERTIBLE $100,000.00
1023 1962 CHEVROLET CORVETTE CONVERTIBLE $100,000.00
1034 1967 CHEVROLET CORVETTE CONVERTIBLE $110,000.00
1037 1963 CHEVROLET CORVETTE SPLIT WINDOW COUPE $68,000.00
1045 1960 CHEVROLET CORVETTE CONVERTIBLE $175,000.00
1047 1967 CHEVROLET CORVETTE COUPE $82,000.00
1048 1962 CHEVROLET CORVETTE CONVERTIBLE $70,000.00
1056 1965 CHEVROLET CORVETTE COUPE $67,000.00
1058 1968 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $80,000.00
1070 1969 CHEVROLET CORVETTE CONVERTIBLE $69,000.00
1228 1962 CHEVROLET CORVETTE CONVERTIBLE $85,000.00
1231.1 1958 CHEVROLET CORVETTE CONVERTIBLE $165,000.00
1232.1 2002 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $100,000.00
1237 1966 CHEVROLET CORVETTE COUPE

$110,000.00

1238 1959 CHEVROLET CORVETTE CONVERTIBLE $160,000.00
1242 1954 CHEVROLET CORVETTE CONVERTIBLE $91,000.00
1244.1 1960 CHEVROLET CORVETTE CONVERTIBLE $135,000.00
1258 1958 CHEVROLET CORVETTE CONVERTIBLE $130,000.00
1258.1 2008 CHEVROLET CORVETTE Z06 COUPE $130,000.00
1259 1954 CHEVROLET CORVETTE CONVERTIBLE $175,000.00
1263.1 1967 CHEVROLET CORVETTE CONVERTIBLE $145,000.00
1265.1 1973 CHEVROLET CORVETTE "MUD BOGGER" $30,000.00
1266 1957 CHEVROLET CORVETTE CONVERTIBLE $150,000.00
1267 1967 CHEVROLET CORVETTE CONVERTIBLE $200,000.00
1272 1958 CHEVROLET CORVETTE CONVERTIBLE $180,000.00
1273 1968 CHEVROLET CORVETTE CONVERTIBLE $137,500.00
1275.1 1962 CHEVROLET CORVETTE CONVERTIBLE RE-CREATION $112,000.00
1276 1957 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $195,000.00
1277 1965 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $110,000.00
1284 1962 CHEVROLET CORVETTE CONVERTIBLE $90,000.00
1290 1971 CHEVROLET CORVETTE COUPE ZR2 $325,000.00
1304 1963 CHEVROLET CORVETTE COUPE "RONDINE" CONCEPT CAR $1,600,000.00
1316 2009 CHEVROLET CORVETTE ZR1 COUPE $1,000,000.00
1317 1957 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $140,000.00
1327 1967 CHEVROLET CORVETTE COUPE $180,000.00
1327.1 1957 CHEVROLET CORVETTE CUSTOM CONVERTIBLE $155,000.00
1335 1960 CHEVROLET CORVETTE CONVERTIBLE RE-CREATION $110,000.00
1338.1 1966 CHEVROLET CORVETTE CUSTOM COUPE $140,000.00
1339 1967 CHEVROLET CORVETTE CONVERTIBLE $132,000.00
1346 1965 CHEVROLET CORVETTE COUPE $87,000.00
1351 1966 CHEVROLET CORVETTE COUPE $97,500.00
1507 1987 CHEVROLET CORVETTE COUPE $17.000.00
1518 1982 CHEVROLET CORVETTE COUPE COLLECTOR EDITION $22,500.00
1523 1995 CHEVROLET CORVETTE PACE CAR CONVERTIBLE $38,000.00
1530.1 1969 CHEVROLET CORVETTE L88 RE-CREATION $42,000.00
1538 1958 CHEVROLET CORVETTE CONVERTIBLE $90,000.00
1566 1998 CHEVROLET CORVETTE GTR ROADSTER $38,000.00
1567 1998 CHEVROLET CORVETTE INDIANAPOLIS 500 SHOW PACE CAR $50,000.00
1571 2007 CHEVROLET CORVETTE DAYTONA 500 PACE CAR RE-CREATION

$72,000.00

1573 2003 CHEVROLET CORVETTE AVELATE CONVERTIBLE $65,000.00
9003 1962 CHEVROLET CORVETTE CONVERTIBLE CUSTOM RE-CREATION $135,000.00
9011 1982 CHEVROLET CORVETTE COUPE COLLECTORS EDITION $27,500.00
9015 1962 CHEVROLET CORVETTE CONVERTIBLE $91,000.00
9019 1957 CHEVROLET CORVETTE CONVERTIBLE $115,000.00

Results are from Barrett-Jackson.com and do not include the 10% buyers commission.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] 1st 2009 Corvette ZR1 Sold for $1 Million
Barrett-Jackson 08: [VIDEO] 1967 L89 Corvette Coupe
Barrett-Jackson 08: [VIDEO] 1958/2008 Corvette Matched Set
Barrett-Jackson 08: [VIDEO] 1958 Corvette Sets High Price
Barrett-Jackson 08: [VIDEO] Holy Auction Block! It’s the Batmobile!
Barrett-Jackson 08: [VIDEO] 1958 Corvette Convertible
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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This auction has nothing to do with Corvettes, but that doesn’t mean we can’t have some fun with one of my favorite superheroes. Check out this recreation of one of the most recognizable cars in the world, the 1960′s era Batmobile. Constructed out of a 1974 Lincoln, the replica features functional lights, a real flame thrower and gadgets including the Bat Phone.

Introduced by Batman himself (a replica of Adam West?), this car brought out the fans who themselves were decked out in the famous cowl and cape. The car sold for $185,000 and with the 10% buyers commission, total sales price crested over the 200 large mark to $203,500.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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Barrett-Jackson 08: 1958 Corvette Sets High Price

by Keith Cornett on January 19, 2008

We were damn lucky to see this Corvette get sold. It seems this year Speed TV has a knack of going to commercials just as a Corvette is crossing the auction block. So when the video starts you’ll see the bidding has already underway.

Lot Number 990.1 is a 1958 Corvette Convertible, Silver Blue with Silver Blue interior. Featuring a 283 ci 240 dual quad engine coupled to a T10 transmission, the Corvette has just 36,990 original miles. It has a very low production sequence number of #302. The numbers matching Corvette underwent a documented frame off restoration and has just 200 miles on her since completion.

The couple that won the bidding were very excited. The announcer says this is the fourth car he has purchased and his wife is still smiling!

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] 1958 Corvette Convertible
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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RM Auction Results: 1953 Corvette Sells for $290,400

by Keith Cornett on January 19, 2008

1953 Corvette Convertible

Barrett-Jackson isn’t the only game in town this weekend. Several highline auction houses also had events worth noting, and in particular interest to us was RM’s Arizona Auction held Friday, January 18th where a 1953 Corvette was offered and sold.

The Corvette, lot number 182, was sequence number 268 of the 300 produced in 1953. According to the auction description, the car was purchased back in the 1970′s by a noted Corvette specialist and had a professional documented concours quality restoration in the early 1980′s. The Corvette has appeared at several shows and earned its AACA National Senior First Prize in Hershey, PA in 1986. The seller acquired the Corvette in 2001 and had it stored in a private collection since then. At one show, the Corvette was signed by Zora Arkus-Duntov on the fender and dash and a photograph of Zora signing the car was included in the sale.

While the pre-sale estimates of the Corvette ranged from $275,000-$325,000, the actual selling price was $264,000 and with the 10% buyers commission, the total selling price was $290,400. Still a decent purchase in our opinion based on 2007′s 1953 Corvette sales average of $359,079 from six public auctions.

Next weekend we’ll be in Kissimmee Florida for Mecum’s Winter Classic where another 1953 Corvette Convertible is set to be sold. Stay tuned as we will have the complete details following the auction.


Source:
RM Auctions

Related:
Auction Results: 1953 Corvette Fetches $440,000 at Hilton Head

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The hype surrounding the sale of this special car has been building since last Saturday when the all new 2009 Corvette ZR1 made its debut at the GM Style Party in Detroit. But I don’t think anybody expected to see what happened on Saturday night with millions of automotive and Corvette fans watching the 37th Annual Barrett-Jackson Collector Car Auction as they saw the first blue devil auctioned off with the proceeds going to the United Way.

Giving a fantastic introduction as only he can was Jay Leno. Jay has a way of connecting with enthusiasts because he is one himself. Jay was joined on the block with GM North America President Troy Clarke while GM Performance Vehicle Line Manager Tom Wallace stood in the background.

The bidding started at $100,000 and quickly climbed to $900,000 with collector Dave Ressler holding the high bid. As the money for the Corvette is going to charity, Dave added an additional $100,000 to make the final bid $1,000,000. Barrett-Jackson waived the buyers commission as this was a charity auction. The Corvette shown on the block is a prototype only. Ressler will get to move to the head of the line and receive the first available retail version Corvette ZR1 later this summer. His Corvette ZR1 will be painted in a one-only LeMans Blue and will feature option code BD1. The Corvette will be delivered to the National Corvette Museum where Ressler will receive the car. In addition to winning the Corvette, Dave will receive a three-day driving experience at the Bondurant School of High Performance where Corvette Racing’s Ron Fellows will serve as a special instructor. Jay Leno has also donated tickets to the Tonight Show as well as a tour of his personal collection.

Dave Ressler is well known in the Corvette hobby for spending $1 million dollars back in 2006 at Barrett-Jackson to buy the oldest surviving Corvette, 1953′s #003. In terms of who won the horsepower wars at tonight’s auction, this should be a slam dunk for Corvette. The 2008 Ford Shelby GT500KR sold for $550,000 while the 2008 Dodge Challenger SRT8′s selling price has yet to be know. We’ll update this post once the results are in.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Live: Watching Corvettes at the GM Style Party
2009 Corvette ZR1 Photo Gallery
2008 Barrett-Jackson Corvette Auction Preview

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Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes

by Keith Cornett on January 18, 2008

Two 1963 Corvettes crossed the auction block at the Barrett-Jackson Collector Car Auction on Thursday evening, and while they were both made in 1963 they were anything but alike.

Lot #709 is a Tuxedo Black convertible with a ’67 stinger hood and 20″ Foose rims. It has the 327 ci 340 hp L76 engine and is coupled to a 4-speed transmission. It’s bling was showing for a reason as it was recently used in the making of a music video by the rapper T.I.

The second 1963 Corvette in this highlight, Lot # 743 is a split window coupe, all original with a matching numbers base 327 ci 250 hp engine and a 4-Speed. It had some nice convenience options including power steering, power brakes and power windows. Finished in Riverside Red, the coupe is just stunning.

The reason I combined these two auctions into one video is not so much to compare the two as it is to contrast them: With different body styles, engine options and restoration goals, these two Corvettes are completely different cars.

So let me ask you a question. If you could have your choice between a very solid semi-celebrity (video ho!) Corvette roadster with nearly 100 horsepower more than a matching numbers base engine Split Window Coupe, which one would you choose? Leave a comment below and remember there is no wrong answer.

For a list of Corvettes going through the Barrett-Jackson Collector Car Auction, check out our Corvette auction preview.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
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Barrett-Jackson 08: [VIDEO] 1958 Corvette Convertible

by Keith Cornett on January 18, 2008

Here is a really sharp 1958 Corvette that was sold at the 2008 Barrett-Jackson Collector Car Auction in Scottsdale, Arizona. The selling price was $75,000 + the 10% buyers commission of 10% for a total price of $82,500.

Lot #728 was the first C1 Corvette to cross the block at the 2008 auction. The Corvette’s exterior is Snowcrest White with Inca Silver coves and comes appointed with a Pebble Black interior. Powered by a 283 ci 270 hp dual quad small block V8, the sales literature lists the mileage at an incredible 30,500 miles.

There is kind of a funny aside to this story. The seller is John Howard, car collector and legendary cycling and triathlon star. Howard set the bicycle land speed record of 152 mph back in 1985 at the Bonneville Salt Flats, traveling at a speed greater than his 1958 Corvette is capable of in its stock form. No word on whether or not the bike was modded.

For a list of Corvettes going through the Barrett-Jackson Collector Car Auction, check out our Corvette auction preview.

Sources:
Barrett-Jackson.com
SpeedTV.com

Related:
Barrett-Jackson 08: [VIDEO] A Tale of Two 1963 Corvettes
Barrett-Jackson 08: [VIDEO] 1966 Corvette Convertible Sells for $86,900
2008 Barrett-Jackson Corvette Auction Preview

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