The last time we saw the 1954 Pizza Man Corvette racer it was crossing Mecum’s red carpet in St. Charles, Illinois in October of 2012. Back then it was a no sale after a high bid of $120,000. Recently it showed up on eBay still for sale. The “World’s Fastest Six Cylinder Corvette” beat up on the competition from 1962 to 1971 with Earl Britt behind the wheel.
Enthusiasts were treated to three days of excitement last week when Mecum presented their second major collector car auction of 2014, April 10th through the 12th in Houston.
The heavily promoted prototype Ford GT40 was hammered down at $7M and TV viewers got to see it on live TV. It was the highest price ever hammered down for an American car being broadcast on “live” TV. And though that was impressive, it was actually more exciting to watch former Viet Nam veteran Don McNamara’s pristine, 2997-mile Corvette hammered down for $725K ($797.5 including commissions). Along with the McNamara Corvette, Mecum sold 61 of the 101 Corvettes consigned, a strong sell through for Corvettes.
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.
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.