Next up in our Countdown to Monterey series is this 1953 Corvette Roadster from the estate of noted collector John O’Quinn. O’Quinn died in a traffic accident and RM Auctions has been charged with liquidating much of his collection which includes several unique and rare Corvettes. It’s been a while since we’ve seen a quality first year Corvette at an auction, but RM Auctions is sure to have a winner with Lot #239, this stunning 1953 Corvette Roadster #199.
Most of the major automotive auction houses will be decending on Monterey, California in mid-August for a weekend full of classic and collector car sales. We’re reviewing the dockets and selecting the best of the best to present to you here on CorvetteBlogger.com.
First up in our Countdown to Monterey series is Lot #S125 from the Mecum at Monterey auction. This 1967 Chevrolet Corvette Convertible features the 427/430 hp tri-power L88 engine and is documented to be the very first RPO L88 built. In 1965, Zora Arkus-Duntov’s Engineering group began developing the new 427 Mark IV engine for use in the Corvette as a full-bore endurance racing engine, and in 1967 their work came to fruition in the form of the RPO L88 option package.
Mecum wrapped up another Muscle Cars and More auction this weekend in Des Moines, Iowa. A total of 39 Corvettes ranging from a 1956 roadster to a 2005 Coupe crossed the auction block with 22 Corvettes changing hands. The total take was a mere $362,650 as the Corvettes averaged a 56% success rate for sales.
Barrett-Jackson’s inaugural Orange County auction went pretty well despite being held the same weekend as Mecum’s Bloomington Gold auction. The choice of Corvettes at the OC auction was on par with previous Barrett-Jackson events as the docket contained a nice mix of classics, resto-mods and several late model Corvettes. At the end of the three day no-reserve auction, the sales from the 31 Corvettes combined for $1,799,300.
Mecum’s Collector Car auction wrapped up the 2 day sale at the Bloomington Gold Corvette Show in suburban Chicago on Saturday. When the last gavel fell, Mecum had sold 138 of 321 Corvettes for a sales success rate of 43% and a sales total of $4,553,550.
Here is a very nice original 1968 Corvette Convertible that crossed the auction block on Friday’s broadcast of the 2010 Barrett-Jackson Collector Car Auction in Orange County, California. Is it worth the $35,200 selling price? Watch the video and see our analysis after the jump.
Mecum’s auction at Bloomington Gold sold 63 of 123 Corvettes today bringing in $1.19 million in sales. That’s a 51% success rate. The top seller was a 1957 Cascade Green Roadster which sold for $80,500 while $3,500 purchased a rather tired looking 1984 Coupe. Six of the top ten sales leaders were midyear Corvettes. See the full list of sales after the jump.
Today at 12 Noon Eastern, Mecum will kick off two days of high performance bliss by hosting the auction at the Bloomington Gold Corvette show in St. Charles, Illinois. Over 275 Corvettes are already on the docket and we’re sure a few more have been added last minute. Bloomington Gold is always a great auction to watch because its the one sale that features the creme de la creme of Corvettes, especially the lots on Saturday.
Barrett-Jackson Collector Car Auction is kicking off their new Orange County event this Friday, Saturday and Sunday. The three day auction will televised by SPEED and the docket currently contains 31 Corvettes. With Orange County considered the birthplace of customizing and hotrods, it seems appropriate that nearly a third of the Corvettes are customs and resto-mods.
Most Corvette enthusiasts are familiar with the legendary L88 package which was essentially a collection of limited edition racing parts installed on the L71 427/435 hp engine. I would also say that most are not that familiar with the 1970-72 ZR1 package which essentially did the same with the LT-1 350 ci small block. Much rarer than the 216 L88s made the three years prior, only 53 ZR1 Corvettes were produced during the three year span making them the rarest of all Chevy small blocks. So its a pretty big deal when one shows up for sale like this 1972 Corvette ZR1 which was recently listed for sale on eBay.