One of the more interesting Corvettes we saw down at the Barrett-Jackson Palm Beach auction was this unrestored 1954 Corvette roadster with the rare aftermarket bubble top. The Corvette was part of the Hartley Collection and it sold on Saturday afternoon for $88,000 which includes the 10% buyers commission.
It’s that time of year again when the Barrett-Jackson auction company packs up and heads to the East Coast for three days of classics and collector cars in Palm Beach, Florida. The 13th Annual South Florida auction kicks off on Friday, April 17th and concludes on Sunday, April 19th and the Corvettes consigned to the sale are an eclectic mix of 48 classic Corvettes and restomods with some late model Corvette power sprinkled in for good measure.
Right on the heels of the Scottsdale auction where the six auction houses reported a combined 18% increase in sales, Mecum announced record setting sales for their ten-day Kissimmee event, the largest collector car auction in the world. And Mecum’s results were truly impressive; total sales for the 10-day event approached the $70-million mark, currently standing at $68,801,987, selling 1,771 cars of the 2,404 that crossed the auction block, for an exceptionally strong 74% sell-through. So based on the results of the January auctions, long considered to be a barometer of the collector car market for the coming year, collectors are feeling “warm and fuzzy.”
Hagerty, classic car insurance company and price guide publisher, launched a new marketplace rating tool which ranks the classic car market at 70.22, which means it is “expanding but not overheated.” Hagerty chief executive McKeel Hagerty, explained to ClassicCars.com, “We developed this as a tool to allow anyone who is serious about treating collector cars as investments to immediately take the temperature of the classic car market and truly understand the factors that cause the classic car market to move up or down.” But if you are a Corvette collector before you get too excited, based on January results Corvette auction prices are slipping.
Way back in ancient times, say in the era of the 1960s, there was great interest amongst the world’s great automotive companies in a new and remarkable power source, the gas turbine, more commonly referred to as the jet engine. It was a time when the Jet Age showed signs of coming down to earth.
Friday night at the Barrett-Jackson Collector Car Auction in Scottsdale, Arizona, the first retail 2015 Corvette Z06 Convertible wearing VIN 001 was auctioned for charity. Surprising nobody, the winner of the auction was Chevrolet dealer and NASCAR team owner Rick Hendrick who paid $800,000 for the black and red Z06 droptop.
Photo Credit: Rick Tavel/Corvetted.com
Our friends at ProTeam Corvette will be in spotlight this Saturday at the Barrett-Jackson collector car auction in Scottsdale. That’s when a very special Corvette race car with ties to NASCAR will be offered for sale during the “Salon Select 5000 collection”.
We’ve written about ProTeam’s 1953 NASCAR Corvette before which started out as VIN 211 of the first 300 Corvettes built. The first-year Corvette was repurposed as a race car through an internal Chevrolet Shop Order and originally saw action for the 1956 Flying Mile competition on Daytona Beach before entering competition in NASCAR’s International Series for sports cars.
CorvetteBlogger contributor Rick Tavel from Corvetted.com worked with ProTeam Corvette to help write their 50-page flipbook highlighting the research and history of the 1953 NASCAR Corvette and we are fortunate to be able to share some of the important history of this Corvette prior to its auction at Barrett-Jackson.
The owner of two original Granatelli turbine cars says it’s time for someone else to have fun with the vehicles.
That’s why Austin, Texas businessman Milton Verret says he is selling his record-breaking Indy 500 #70 Lotus 56-3 and a one-of-a-kind 1978 turbine-powered jet Corvette at the Barrett-Jackson Scottsdale Auction being held Jan. 10-18, 2015.
Once again Chevrolet has chosen “The World’s Greatest Collector Car Auction”, Barrett-Jackson’s Scottsdale flagship event to offer their first retail production 2015 Corvette Z06 Convertible. Over the last several years Barrett-Jackson has been Chevrolet’s choice to showcase the crown jewel of their model line-up by offering VIN 001 of a new model Corvette to benefit various charities. According to Gary Bennett, vice president of consignments at Barrett Jackson, the beneficiary of the 2015 Z06 Convertible proceeds will be the United Way of Michigan.
We already recapped the auction of the VIN 001 2015 Corvette Stingray equipped with an 8-Speed Automatic transmission that was sold on Friday night at the Barrett-Jackson Las Vegas sale. Chevy dealer and Corvette collector Dave Ressler spent $400,000 to own the car and the proceeds of the sale went to CARE House of Oakland County.
Here’s the video from the auction so you can see the gleaming Arctic White Stingray under the lights at Barrett-Jackson:
The first retail 2015 Corvette Stingray with VIN 001 crossed the auction block Friday night at Barrett-Jackson’s Las Vegas sale inside the Mandalay Bay Casino. The Arctic White Corvette, which comes equipped with the all new 8-speed automatic transmission, saw steady bidding throughout the sale which was broadcast nationwide on FoxSports2. The hammer dropped with the high bid of $400,000 and winning the car was Chevrolet dealer and Corvette collector Dave Ressler.