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Bloomington Gold Auction Results

by Keith Cornett on July 10, 2006

America’s preeminent Corvette Auction, the Gold Auction at Bloomington Gold was held June 16-17 in St. Charles, Illinois and over 300 Corvettes crossed the auction block with 56% of the Corvettes selling. To say that I am disappointed that many of the Star cars did not sell is an understatement, but that is a subject that I will be addressing later. With an A-List of Corvettes available including two 1967 L-89 Corvettes (16 produced) and a 1967 L-88 (20 Produced) and the #005 1953 Corvette commonly referred to as the DuPont Corvette, who would have thought the top selling Corvette for the weekend would be a pink 1964 GM Style car that was originally built for the wife of Chevrolet’s Bunkie Knudsen. That Corvette sold for $367,500. Also topping the $300K mark was the #9 1955 Corvette Roadster which sold for $346,500. What I think the bigger news about Bloomington Gold is the list of Corvettes that didn’t sell. The Marlboro Maroon 1967 L-89 Convertible reached a high bid of $400,000 and the 1967 Green L-88 Coupe topped out at $340,000. A 1968 L-89 only reached $65,000 in bidding and was a no sale. The Corvette with the highest bid that failed to sell was the 1962 White Corvette racer built by Zora to be raced at Sebring by a Dallas Chevy dealer. Bidding for that Corvette reached $900,000. There did appear to be many good deals available. Over 65 Corvettes sold under the $20,000 threshold including some early C3′s. Results appear after the jump.Here is the list of Corvettes that were sold at the Bloomington Gold Auction. We will post the list of non-selling Corvettes tomorrow.

Lot # Year Model Color Sale Price
S527 1953 CORVETTE POLO WHITE SOLD-undisclosed
S563.1 1954 CORVETTE BLUE $95,550
S566 1954 CORVETTE WHITE $89,250
S539 1955 CORVETTE RED $346,500
S543.1 1955 CORVETTE WHITE $98,175
S67 1956 CORVETTE BLACK $115,500
S71 1956 CORVETTE WHITE $50,400
S38 1957 CORVETTE WHITE $86,100
S81 1957 CORVETTE RED/BGE $64,050
S106 1957 CORVETTE RED $64,050
S563 1958 Retrovette R-5 PURPLE $153,300
S568 1958 CORVETTE YELLOW $124,950
S533 1958 CORVETTE YELLOW $116,025
S564 1958 CORVETTE BLUE $112,350
S12 1958 CORVETTE RED $50,400
S543 1959 CORVETTE SILVER $131,250
F516 1959 KIT CORVETTE RED $127,050
S537 1959 CORVETTE TURQ/WHITE $100,275
S53 1960 CORVETTE RED $70,350
S554 1960 CORVETTE MAROON $69,825
F67 1960 CORVETTE TURQUOISE $39,900
S536 1961 CORVETTE BLACK $105,000
F518 1961 CORVETTE BLK/SLVER $91,350
S50 1961 CORVETTE RED $84,000
S541 1961 CORVETTE RED $62,475
F46 1961 CORVETTE SILVER $47,250
S551 1962 CORVETTE MAROON $128,100
S557 1962 CORVETTE FAWN $110,250
S501 1962 CORVETTE RED $94,500
S565 1962 CORVETTE WHITE $90,300
F526 1962 CORVETTE RED $76,125
F31 1962 CORVETTE MAROON $62,213
F47 1962 CORVETTE RED $44,100
S519 1963 CORVETTE RED $136,500
S515 1963 CORVETTE BLUE $118,650
F538 1963 CORVETTE BLACK $92,400
S558 1963 CORVETTE SILVER $84,000
S573 1963 CORVETTE RED $68,250
S75 1963 CORVETTE RED $44,625
S91 1963 CORVETTE BLUE $43,575
S510 1964 CORVETTE PINK $367,500
S507 1964 CORVETTE BLUE $278,250
S522 1964 CORVETTE BIG TANK TAN $89,250
F105 1964 CORVETTE WHITE $47,250
F69 1964 CORVETTE WHITE $40,425
S90 1964 CORVETTE RED $38,850
F54 1964 CORVETTE WHITE $36,750
S27 1964 CORVETTE WHITE $34,650
F49 1964 CORVETTE RED $30,713
S506 1965 CORVETTE BLACK $249,375
S524 1965 CORVETTE BLUE $173,250
S59 1965 CORVETTE GREEN $67,200
S58 1965 CORVETTE SILVER $64,050
S55 1965 CORVETTE BLUE $63,000
F39 1965 CORVETTE WHITE $53,550
F511 1965 CORVETTE YELLOW $52,500
F135 1965 CORVETTE BLACK $50,663
F65 1965 CORVETTE NASSAU BLUE $48,825
F90 1965 CORVETTE BLUE $47,250
F4 1965 CORVETTE GREEN $36,750
F123 1965 CORVETTE WHITE $36,750
S552 1966 CORVETTE SILVER $170,100
S68 1966 CORVETTE BLUE $102,900
S23 1966 CORVETTE BLUE $100,275
S64 1966 CORVETTE RED $97,125
S11 1966 CORVETTE MAROON $77,700
S47 1966 CORVETTE BLUE $65,625
F111 1966 CORVETTE BLUE $63,000
F129 1966 CORVETTE YELLOW $59,850
F42 1966 CORVETTE RED $52,500
S57 1966 CORVETTE SILVER $50,925
F64 1966 CORVETTE WHITE $50,400
S528 1967 CORVETTE RED $262,500
S521 1967 CORVETTE COPO SILVER $199,500
S508 1967 CORVETTE GREEN $173,250
S500 1967 CORVETTE YELLOW $168,000
S514 1967 CORVETTE RED $162,750
S34 1967 CORVETTE RED $150,150
S76 1967 CORVETTE RED $148,050
S505 1967 CORVETTE BLUE $81,375
S570 1967 CORVETTE MAROON $68,775
S24 1968 CORVETTE BLUE $64,575
S1 1968 CORVETTE MAROON $57,225
S550 1968 CORVETTE SILVER $28,875
F59 1968 CORVETTE SILVER $28,088
F151 1968 CORVETTE RED $27,300
S49 1968 CORVETTE WHITE $24,675
F52 1968 CORVETTE GREEN $22,050
S36 1968 CORVETTE RED $17,850
S112 1968 CORVETTE MAROON $11,918
F138 1968 CORVETTE MAROON $9,600
S21 1969 CORVETTE BLACK $89,250
F58 1969 CORVETTE YELLOW $54,600
S108 1969 CORVETTE YELLOW $47,250
S502 1969 CORVETTE BLACK $42,000
S33 1969 CORVETTE YELLOW $37,800
S113 1969 CORVETTE BLUE $32,288
S4 1969 CORVETTE RED $32,000
F45 1969 CORVETTE SILVER $29,663
F25 1969 CORVETTE RED $18,113
F3 1969 CORVETTE SILVER $16,800
F99 1969 CORVETTE BLUE $13,440
F126 1970 CORVETTE BLACK $23,625
F105.1 1970 CORVETTE BLUE $22,575
F89 1970 CORVETTE RED $17,850
S39 1971 CORVETTE RED $42,525
S15 1971 CORVETTE GREEN $36,750
S79 1971 CORVETTE BLUE $27,300
F75 1971 CORVETTE ORANGE $26,250
F87 1971 CORVETTE YELLOW $19,950
F61 1971 CORVETTE BLACK $19,425
F502 1971 CORVETTE RED $18,638
F56 1971 CORVETTE ORANGE $17,325
F156 1971 CORVETTE GOLD $17,325
F35 1971 CORVETTE BLACK $12,863
S13 1972 CORVETTE ORANGE $32,025
S26 1972 CORVETTE ORANGE $30,450
S109 1972 CORVETTE WHITE $29,138
F19 1972 CORVETTE WHITE $27,300
S97 1972 CORVETTE RED $24,150
S6 1972 CORVETTE RED $18,113
F63 1972 CORVETTE PEWTER $16,800
S107 1972 CORVETTE RED $13,545
F108 1972 CORVETTE RED $11,865
F104 1972 CORVETTE RED $11,025
F145 1972 CORVETTE BLUE $9,300
F12 1973 CORVETTE ORANGE $17,325
F149 1973 CORVETTE RED $14,490
F103 1973 CORVETTE YELLOW $13,913
F101 1973 CORVETTE WHITE $10,500
F62 1973 CORVETTE SILVER $8,900
F5 1974 CORVETTE RED $16,538
F150 1974 CORVETTE RED $14,280
S529 1975 CORVETTE WHITE $58,800
F44 1975 CORVETTE WHITE $3,800
F57 1976 CORVETTE ORANGE $15,750
F93 1976 CORVETTE ORANGE $8,300
F92 1976 CORVETTE BLUE $6,500
F16 1977 CORVETTE BLUE $6,500
S538 1978 CORVETTE N/A $30,450
S5 1978 CORVETTE BLACK $25,725
F7 1978 CORVETTE SILVER $20,213
F27 1978 CORVETTE BLK/SLVR $16,800
F6 1978 CORVETTE SILVER $15,855
F10 1978 CORVETTE SILVER $12,600
F128 1978 CORVETTE L-82 SILVER $12,108
F24 1978 CORVETTE SILVER $11,340
S512 1979 CORVETTE BLACK $22,050
F36 1979 CORVETTE YELLOW $10,000
F15 1979 CORVETTE RED $7,500
F33 1979 CORVETTE GREEN $7,500
F510 1980 CORVETTE RED $12,863
S114 1980 CORVETTE BLACK $8,700
F124 1980 CORVETTE TAN $6,500
F110 1981 CORVETTE SILVER $10,500
F98 1982 CORVETTE N/A $19,950
S3 1982 CORVETTE GREEN $17,063
F84 1982 CORVETTE GOLD $11,813
F8 1982 CORVETTE BLUE/SLVR $10,000
F102 1984 CORVETTE BLUE $9,250
F155 1984 CORVETTE SLVR/BLUE $5,900
F74 1986 CORVETTE RED $19,425
F60 1986 CORVETTE BLACK $16,275
F122 1986 CORVETTE RED $10,500
F21 1986 CORVETTE TAN $8,900
F82.1 1986 CORVETTE BLACK $8,250
F521 1987 CORVETTE SILVER $19,688
S513 1989 CORVETTE BLUE $58,800
F11 1989 CORVETTE BROWN $11,025
F26 1989 CORVETTE RED $11,025
S51 1991 CORVETTE ZR-1 RED $39,375
F77 1991 CORVETTE RED $18,375
F34 1991 CORVETTE WHITE $7,750
F9 1992 CORVETTE WHITE $22,050
S35 1992 CORVETTE ZR-1 WHITE $21,263
F29 1992 CORVETTE RED $6,000
F504 1993 CORVETTE RED $26,250
F139 1993 CORVETTE RUBY RED $25,200
F106 1993 CORVETTE RED $20,213
S14 1995 CORVETTE RUBY RED $32,025
F43 1995 CORVETTE N/A $14,805
F109 1995 CORVETTE BLACK $13,650
S534 1996 CORVETTE BLUE $65,100
S9 1996 CORVETTE GRAND SPORT CPE BLACK $37,275
F136 1996 CORVETTE SILVER $16,800
F97 1996 CORVETTE BLACK $14,175
F147 1996 CORVETTE SILVER $9,750
F83 1997 CORVETTE RED $25,200
F117 1997 CORVETTE WHITE $19,950
F82 1997 CORVETTE RED $18,113
F524 1998 CORVETTE PEWTER $36,750
F506 2001 CORVETTE Z06 YELLOW $31,500
F523 2002 CORVETTE BLACK $33,990
F53 2004 CORVETTE GREY $32,960
F130 2006 CORVETTE SILVER $44,290
Source: Mecum Collector Car Auctioneers
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Corvette Values: 1977 Corvette

by Keith Cornett on July 8, 2006

Shawn S. submitted the following Corvette pricing question via Yahoo! Answers and we decided to take a look at it. Shawn’s Question: What is a 1977 corvette worth? Our Answer: Our Corvette price guide has an average 1977 Corvette Coupe valued at $10,000. Our High price is $13,000. Prices are fairly low compared to other years because the 1977 Corvette had the third highest production total ever with 49,213 produced. Most 1977 Corvettes came with the base engine, the L48 350/180. Just over 6,000 Corvettes came equipped with the optional L82 350/220 engine and just over 2000 came equipped with the optional 4-speed. So of the 1977 Corvettes, the most valuable was the L82 coupled with the 4-Speed manual transmission. The good news is that our appreciation figures for the 1977 model are 5% for one year and a whopping 19% over five years. Source: VetteFinders.com’s Corvette Price Guide
Image: CorvetteImages.com
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Dale Jr’s 2005 Corvette For Sale on eBay

by Keith Cornett on July 7, 2006

Apparently Dale Earnhardt Jr is in the process of upgrading his car collection and to make room for the new toys (a new Z06?), he is auctioning his 2005 Corvette coupe on eBay. The Coupe has been repainted a custom black cherry-pearl with custom air-brushed flames. Custom 20/22 inch Asanti wheels adorn the 6-Speed Corvette as well. The winner will have the option of having Dale Jr’s signature on the dash, as well as the opportunity to travel to Dale’s home in North Carolina to pick up the Corvette from the NASCAR star in person. Bidding started at $59,999.99 and the current high bid is $60,099.99 with just two bidders so far. The auction runs through Saturday, July 15th.

Dale Jr's 2005 Corvette Dale Jr's 2005 Corvette Dale Jr's 2005 Corvette
Source: DaleJr.com | eBay
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June’s Corvette Sales

by Keith Cornett on July 6, 2006

GM reported that Corvette sales were up 21.6 percent year to year with 2,938 deliveries vs 2,417 deliveries in June 2005. Calendar year sales are also up 14.6% with 19,063 Corvettes sold in 2006 vs 16,634 in 2005. While GM is getting hammered by the press and pundits for having a 25% decline in total sales, mostly due to the success of last year’s employee pricing program, Corvette remains a bright spot for the General as the 2006 model year closes out.
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Corvette Values: 1969 Corvette Convertible

by Keith Cornett on June 28, 2006

FM of Tampa, FL submitted the following 1969 Corvette Convertible to Corvette Values

1969 Corvette Convertible. VIN 1974679S7284XX. 350 ci 300 hp original motor with 4 speed transmission. Power Brakes, Steering Windows and Factory Air. Speed Warning, Posi, Radio Delete. Can-Am White with Saddle vinyl interior. Engine and rear suspension have been restored and mechanicals are in excellent condition. Paint is poor and fiberglass is in good condition. 10,944 original miles. No documentation, but owner history is known.
The VIN number 1974679S7284XX indicates this Corvette was built late in the 1969 production year, September 1969, assuring the owner that engineering modifications and changes made during the production year were included in this Corvette. The odometer reads 10,944 miles and the owner states this is the original mileage confirmed by documented original owner history. Original owner history is instrumental in determining the value of a Corvette. It has the original Can-Am White paint that is in “below average” condition. The chrome bumpers are in average street driven condition. The interior is Saddle vinyl and is in good condition as is the interior carpeting. The White Convertible Top is in good condition, also. This 1969 Corvette is powered by the original base 350-300 motor that is matched with the original 4-speed manual transmission. The mechanicals of this Corvette have been rebuilt, a necessary procedure since the Corvette was not driven for prolonged periods of time as substantiated by the low mileage. In its current condition, it can be an award winner in the Bloomington Gold Survivor classification, thus adding to the value of the Corvette. A number of desirable options are included in this 1969 Corvette, specifically, power steering, brakes, windows and air conditioning. Less than one-third of the 1969 model year Corvettes had the air conditioning option. This Vette also has the speed warning option, a very rare option with less than 10% of the buyers ordering it. The appraised value of this Corvette is $28,000. Of interest is the appreciation factor that indicates during the past year the average resale price of a 1969 Corvette increased by 8%. The popularity of this model will continue to reflect an appreciation factor of 10% per year. Submissions:
Send your submissions to info@CorvetteBlogger.com with “Corvette Values” in the subject line. We can’t answer them all, but if we find your Corvette interesting to both us and our visitors, we may use it. Feel free to submit a photo as well.
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Gus Grissom’s 427 Corvette a No-Sale

by Keith Cornett on June 26, 2006

The 1967 Corvette Convertible owned by Astronaut Gus Grissom was a no sale on e-Bay today as the high bid of $310,100 failed to reach the seller’s reserve price. While we do not know what the reserve price was, we did speak with Dr. Marv Friedman to find out what his plans are for selling Grissom’s 427/435 land rocket. Marv said he has listed it twice now on eBay and that this was the second and final listing. The first was in May 2006 where the Corvette reached a high bid of $375,000 but still failed to reach reserve. If the car didn’t sell via eBay then it would tailored out to the Barrett-Jackson auction in January 2007. “I have already spoken with Craig Jackson to make plans to bring the Corvette out to Scottsdale in January for the 36th Barrett-Jackson Auction”, said Marv and continued, “We’re making plans for Jim Rathmann, the former Florida car dealer who sold the Corvette to Gus and who was good friends with him and his wife Betty, to be on the podium to introduce the Corvette.” Marv said that while he did have some offers on the Corvette, one substantial offer would have resulted in the Corvette being taken out of the United States. Marv declined the offer but acknowledged that the winner of the bidding for the Corvette at Barrett-Jackson could end up doing the same thing. Marv mentioned that he is also working on establishing a Gus Grissom Scholarship at Purdue University, where Gus attended college. 2007 will mark the 40th Anniversary of the fire that took the lives of Gus Grissom and fellow astronauts Roger Chaffee and Edward White during a launch pad test at the Kennedy Space Center. View the eBay listing which has some great stories about Gus and his Corvette as well as lots of photos and documentation.
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Gus Grissom’s 1967 Corvette Listed on eBay

by Keith Cornett on June 20, 2006

Space Pioneer Gus Grissom had the right stuff when it came to his Red 1967 Corvette Convertible. Nights were spent on the deserted tracks and back roads of Melborne, Florida racing other astronauts. The story goes fellow astronaut Alan Shepard, who fashioned a reputation for himself as “Mr. Corvette”, couldn’t beat Gus’ 427 Corvette as Gus had installed a 4:56 rear end giving him a tremendous edge in 1/4 mile racing. Grissom, the second American in space, and the first American to travel into space twice, was also one of the first to die in the U.S. space program. His Corvette went through four owners before winding up with Jim Falkowski, who purchased the Corvette in 1985 for $9,995. During Jim’s ownership, the Corvette won many awards including NCRS Top Flight, multiple Cypress Gardens, the National Corvette Homecoming in Bowling Green and has been featured in numerous magazines, news articles and calendars.

There is something about a car once owned by a national hero. When paired with a ’67 427/435 Red Convertible, the myth grows exponentially. Now the Gus Grissom Corvette is listed on eBay, giving someone a chance at owning history. Current bid as of June 20th was $178,099 with the Reserve not yet met. The auction runs through June 26th. Source: eBay, Wikipedia
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Corvette Values: 1974 Corvette

by Keith Cornett on June 19, 2006

PLE submitted the following Corvette pricing question via Yahoo! Answers and we decided to take a look at it. Two days later we received an email from Yahoo stating that our answer was his favorite. PLE’s Question: I need to sell this car very soon. Would rather use online auction other than ebay. Need help from corvette collectors out there. Matching numbers, all original 36K miles, car is sweet. Asking $23,000. Is this too much or too little? Thanks!! Our Answer: Unless your Corvette has a 454, is a convertible and is in show condition, then you are asking a a bit too much for your Corvette. 36K miles though is great for a 74 and a matching numbers to boot! eBay will give you a good idea of where your Corvette should be priced based upon demand. Our annual price guide puts the high around $19K although an average price can be half of that. If your Corvette doesn’t sell on eBay, you may also want to consider a corvette-only site like VetteFinders.com or usedcorvettesforsale.com or list it on one of the Corvette forums. Source(s): VetteFinders.com’s Corvette Price Guide
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Bloomington Gold Corvette Auction Preview

by Keith Cornett on June 16, 2006

Today begins the most significant Corvette auction of the year and the one that sets the Gold Standard for all other Corvette auctions to follow. Yes, I’m talking about the 34th Annual Bloomington Gold Corvettes USA show at St. Charles, Illinois. Mecum Collector Car Auctioneers is once again handling the Gold Auction and from taking a look at the list of Corvettes already consigned to the show, I can tell you that that this is going to be a good one. Here are six of the most valuable Corvettes to go through the Bloomington Gold Auction. Click the photo for a larger picture or click the link to view the description:

1953 – #005 1955 – #009 1967 – L89
     
1967 – L89 1967 – L88 1969 – L88
Included in this year’s Gold Auction are some very rare Corvettes. Two 1953 Corvettes, including #005 which was the first Corvette sold to the public, will be going through the auction on Saturday. The second 1953 Corvette will be paired with a 1993 Corvette, both carrying the matching serial number of #258. Also featured will be 10 classic Corvettes from the Dr. Vance Shappley Collection. Included in this collection is a pair of original GM factory styling cars, a pair of Z-06 coupes and a 1969 L88 Coupe. The two Z-06 coupes, a 1963 and a 1964, will be sold as a pair; the remaining eight will be sold individually. And what would Bloomington Gold be without some rare Big Blocks? This year, three of the most sought after 1967 Corvettes will make their appearance on the Auction Block. Two L89 Corvettes – a convertible and a coupe – both with matching number 427/435 engines featuring the L89 aluminum heads will be sold Saturday afternoon. The L89 option was so rare in 1967 that only 16 were produced. Both cars contain extensive documentation. Next is a 1967 Corvette Coupe with a 427/435 L88 – 1 of only 20 produced. These three Corvettes should see high six figures if not passing the million dollar mark based on the current collector car market. Check back next week or subscribe to our newsletter as we will be posting the prices for all Corvettes sold at the 2006 Bloomington Gold Auction. Source: Mecum Collector Car Auctioneers
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Official 2007 Corvette Pricing Announced

by Keith Cornett on June 12, 2006

CorvetteConti.com posted the official pricing for the 2007 Corvette on his website. Prices listed include the three Corvette modes: Coupe, Convertible and Z06 as well as all the options. One new option that I had not heard before is RPO D30 option which allows you to mix and match interior and exterior colors. For example, the non-standard combo Blue with a red interior is now possible with this option at $590.00. Very cool indeed!

MODELS
Coupe w/ $825 destination charge
$44,970
Convertible w/ $825 destination charge
$52,910
Z06 w/ $825 destination charge
$66,465!
 
INTERIOR
UE1 – ON STAR
$695
D30 – NON RECOMMENDED COLOR COMBO
$590
**6 NEW TWO TONE SEATS
$695
Z51 – PERFORMANCE PKG
$1,695
U3U- NAVIGATION
$1,750
U3U & 1LZ (Z06 only)
$3,640
US9 & 1LZ (Z06 only)
$1,890
C2L – ROOF PACKAGE
$1,400
CC3 – TRANSPARENT ROOF
$750
 
TRANSMISSION/SUSPENSION
F55 – MAGNETIC RIDE w/ DRILLED ROTORS
$1,995
MN6
NC
MX0-AUTOMATIC
$1,250
 
WHEELS
Q44 – Z06 COMP GREY WHLS
$395
QL9 – HIGH POLISHED Z06 WHLS
$1,495
QG7 – HIGH POLISHED WHLS (cpe & cvt)
$1,295
QX1 – COMP GREY WHL (cpe & cvt)
$395
QX3 – CHROME WHEEL (cpe & cvt)
$1,850
 
PACKAGES
Z06
1LZ
2L
$3,845
 
COUPE & CONVERTIBLE
1LT
N/C
2LT
$1,495 coupe
2LT
N/C convertible
3LT
$4,945 (coupe)
3LT
$5,540 (convertible)
 
PREMIUM EXTERIOR COLORS
19U LEMANS BLUE
$300
45U VELOCITY YELLOW
$750
80U MONTEREY RED
$750
83U ATOMIC ORANGE
$750

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