In a few days two prophetic auctions will take place that collectors of Corvettes will want to keep their eyes on whether they plan to bid at these auctions or not. The two biggest sellers of collector Corvettes in the country, Mecum and Barrett-Jackson will be holding their second important collector auctions of 2014. The reason these auctions are important is because after some mixed and difficult to interpret first quarter Corvette auction results, we should get a better read on the Corvette collector market and where it is headed for this year. After a spectacular 2013 which saw new records set on “blue chip” Corvette prices, and while the Corvette segment of the collector market was strong for most rare and well optioned cars, at this point it is difficult determine whether last year’s strong market tends will continue for 2014.
Auctions & Results
Corvette Nation’s Michael Brown (Director of The Quest) visits Mecum’s Dallas 2013 Auction and takes us inside a very unique car collection owned by the late Mr. Buddy Herin. This Corpus Christi, Texas resident was the seller of the 1967 L88 Corvette which set a world record price at $3.2 Million for a Corvette sold at a public auction. Also included in the collection is a 1957 “Air Box” Corvette, a 1962 big brake fuelie Corvette and a 1963 Red/Red Corvette Z06.
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We’ve talked about the Forgiato Widebody C7 Corvette Stingrays before because frankly, we think they’re cool. And while some other auto sites and Corvette traditionalists continue to bash these cars, we hold them up as great examples of the what can be done with a base Corvette Stingray when you have time, money and a vision.
A ZR1 coupe, one of the rarest Corvettes ever produced, will cross the block in Houston at Mecum’s three day auction April 10th through 12th. The 1972 Corvette ZR1 is one of only twenty produced and one of less than ten actual numbers matching production cars known to exist.
The Elkhart Green with saddle interior award winner is fully documented and has two tank stickers and is part of the Bloomington Gold Special Collection. With only 16,300 miles the car has the matching numbers LT1 engine, M22 “Rock Crusher” 4-speed transmission, J56 and F41 heavy duty brakes and suspension. It will cross the block on Friday, April 11, at Houston’s Reliant Center.
Back in January, GM unveiled the highly anticipated C7 Z06 at the North American International Auto Show. According to the General Motors, the 2015 Corvette Z06 will be “the most track-capable Corvette ever, designed to deliver supercar levels of performance through unique powertrain, chassis and aerodynamic features.” Corvette enthusiasts from around the world have been waiting for the reintroduction of the legendary model and if you want to be the owner of the new Z06, VIN 001, then you need to be in Palm Beach, Florida for the Barrett-Jackson auction that runs April 11th through 13th.
It appears that Mecum is off and running for 2014 after a weather induced slow start in Kissimmee. Their Houston event is shaping up to be typical of the high quality consignments that usually characterizes their events with some outstanding Corvettes scheduled to cross the block from Thursday, April 10th through Saturday, April 12th.
As I was reviewing Mecum’s latest on-line catalog, two Corvettes jumped off the page to capture my attention.
Certainly no Corvette enthusiast could ignore the Bunkie Knudsen Corvette, after all it is not only the auction headliner, it is one of the most interesting Corvettes ever made, as well as the personal car for then Chevrolet General manager Bunkie Knudsen. The second Corvette, perhaps not as well known, is the stunning 1967 Corvette coupe once owned by former Marine and Viet Nam veteran, Don McNamara, and put into storage with less than 3K miles on it, has a bullet proof provenance and literally may be the finest 1967 “survivor” in existence.
If you are a Corvette enthusiast or collector then you obviously are familiar with Dana Mecum and his auction business. Over the years Mecum has grown his company exponentially and one of the key parts of that success is why most Corvette enthusiasts are familiar with the “King of Corvettes.” That key ingredient has been his relentless drive to offer the largest and best selection of Corvettes of any collector car auction in the world. For example, at his Kissimmee event in January 232 Corvettes of the almost 400 Corvettes offered found new homes.
The January collector car auctions in Arizona and Florida each year help set the tone for the rest of the auction year. Once again there were plenty of high end Corvettes and eager bidders to go around as 6 and 7-figure bids were quite common. We’ve already taken a look at the Mecum Kissimmee results, but how do they stack up against all of the other January sales? Click past the jump to find out.
If the new Corvette Stingray isn’t quite distinctive enough for you, then you might want to check out the eBay auction going on right now for a Forgiato Widebody C7 Corvette Stingray, one of which was on display at SEMA in November.
We found a video today at www.forgiato.com that shows two of the distinctive “Aston Martin Blue” Forgiato Stingrays weaving their way down a city street. We’re not sure if the car for sale now is one of those or not.