On the second day of the 2007 Barrett-Jackson Collector Car Auction, a 1958 Corvette Convertible rolled onto the block and set the high sales price for Corvettes at $150.000. With commissions added, the total selling price was $165,000. That set the daily high sale as well. While it's nice to see a C1 Corvette at the top of the list, we don't expect this Corvette to be there long.
The '58 Corvette (Lot #438) is Panama Yellow with Charcoal interior. It features a 283 ci engine with the 2x4 Carburetors for 245 horsepower. It has the fairly rare RPO 473 Power Operated Folding Top which is demonstrated in the video. Fully restored with just 9 miles since completion.
Bidding for the Corvette ramped up very quickly. Opening bid was $10,000 before jumping up to $70,000 and then $120,000. ProTeam's Terry Michaelis dropped out of the bidding at $140,000. The final bid of $150,000 was enough to win. Add the 10% buyers commission and the total sales price jumps to $165,000.
Speed's coverage of the Barrett-Jackson Auction continues tonight at 7pm EST.
Source:
Barrett-Jackson Collector Car Auction via Speed
Related:
The Last Corvette to be Sold at Barrett-Jackson
Barrett-Jackson Preview: A Pair of 1963 Corvette SWC Tankers
Barrett-Jackson Preview: 1967 427/435 Yenko Corvette
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Corvette | Barrett-Jackson | Auction
Posted At : 9:43 AM. | Posted By : keith | Videos & Pictures, Auctions & Results
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