It didn’t quite reach the pre-auction expectations, but the third-oldest Corvette in existence still sold for a whopping $445,500 at the RM Auction in Arizona on Friday, Jan. 20, 2012. The car was predicted to sell for between $450,000 and $650,000 but fell short of those targets – though still one of the highest priced 1953 Corvettes ever sold.
Over the past six years, Car and Driver has brought 115 production cars to Virginia International Raceway (VIR) 4.1 mile Grand West Course. The result is an American-style Nurburgring-like timed lap test called the Lightning Lap. Currently, the 2010 Corvette ZR1 sits 4th fastest on the list with only a Viper ACR and two Moslers that have run faster. We were excited to see how the 2012 Corvette ZR1 tested with the new Michelin Pilot Sport Cup tires would compare to its previous lap time and the results do not disappoint.
The sun has barely set on all of the Arizona collector car auctions, but we’ve still got one more event to go before the 2012 calendar rolls over to February. Mecum’s monster 2,200 car Kissimmee, Florida auction begins Tuesday, January 24th at 11am and runs through Saturday, January 28th. Velocity will have 32 hours of live coverage starting on Wednesday the 25th.
We tuned in to Saturday evening’s live stream of the Russo and Steele auction to catch some of rare Corvettes that were offered for sale. This 1968 L88 Corvette Roadster was one of the major attractions at the Scottsdale auction and it sure didn’t disappoint, selling for a cool $625,000. With the 10% buyer’s commission, price out the door was $687,500.
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For years Corvette experts, restorers, and judges have debated the topic of engine stamp pads. Who would have thought that such a small area of metal with some numbers stamped in it could cause so much debate? As the Corvette hobby and vehicle values have grown there’s been an increasing focus on OEM stamps from the plant versus restoration restamps and outright fraud. In response to all the discussions, Bloomington Gold has come up with a series of standards to address this controversial topic.
As time ticks down to the sale of the first 2013 Corvette 427 Convertible at Barrett-Jackson this Saturday, interested buyers and enthusiasts alike are able to get up close and personal with the new car which is set up at the Chevrolet display. Our friend Chris Draper was in Scottsdale yesterday to take in Barrett-Jackson and provides these pictures of the 60th Anniversary car on display along with a first-year 1953 Corvette.
Article contributed by Mitch Talley
If you think it was complicated putting your kids’ toys together for Christmas, try talking to Jeff Kasper.
The California salesman recently became the first person to go through Chevrolet Performance’s new Crate Engine Build Experience, which lets customers take part in the construction of their engine at the General Motors Performance Build Center in Wixom, Mich., northwest of Detroit.
Our final preview at the January collector car auctions will focus on the activities at Gooding and Company’s and RM Auctions’ camps. You already know about 1953 VIN #5 crossing the block at RM, but they’ve also got an early Pilot 1954 in addition to an original Monaco Orange 1969 L88 Coupe up for grabs at Gooding and Company.
RM and Gooding only have a total of 9 Corvettes combined on their dockets, but what they lack in quantity, they make up for in quality.
The annual Barrett-Jackson Scottsdale auction spectacle gets underway this week with over 100 Corvettes offered on the 6-day long sales docket. As always, SPEED will have 39 hours of live coverage of the event starting Tuesday, January 17th.
The consignment team at Barrett-Jackson has assembled a diverse selection of America’s sports car for 2012. In addition the Chip Miller Charitable Foundation 1969 coupe and the first saleable VIN 2013 427 convertible, there’s everything from low-mile originals to ultra-modified cars for bidders to choose from.