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Auction

Gus Grissom's Corvette Sting Ray Will Be Offered at Mecum Kissimmee

America may never know a time like the 1960s when our nation was on a frantic race to reach the moon before the end of the decade.

This weekend at Mecum Auto Auctions in Kissimmee, Florida, someone will be able to buy a piece of space exploration history when Virgil I. “Gus” Grissom’s 1967 Corvette goes on the block.

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1967 Corvette L88 Sells for World Record $3.5 Million at Barrett-Jackson

All Corvette enthusiast eyes were on Barrett-Jackson in Scottsdale Saturday afternoon in expectation for some record setting prices. If you have been following CorvetteBlogger’s updates on this week’s Barrett-Jackson auction extravaganza, you know that their 2014 event has gotten off to a strong start with attendance up 30% through Thursday and sales exceeding last year by over 8%.

Saturday is traditionally when the best of the best collector cars cross the block and in the late afternoon within a little over one hour six Corvette lot numbers sold for a combined total of $8.63M including bidder fees. These included some of the best known and important Corvettes.

But the real star of the afternoon was a 1967 second generation L88 coupe we called the “crown jewel” of Corvettes in an article back in November, one of only twenty Corvette L88 coupes built that year. Within a few minutes of the famous “Rebel” racecar selling for $2.86M (including buyer’s premium), the 1967 L88 red/red award-winning coupe set a new world’s record for a Corvette sold at auction when it hammered for $3.5M ($3.85M including buyer’s fees). The bidding quickly rose to $2M then surpassed the former record price of $3.2M set by another 1967 L88 last September by almost 10%. When the reserve was lifted the car sold setting a new world’s record Corvette auction record.

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Opening Corvette Auction Results at Barrett-Jackson

by Rick Tavel on January 17, 2014

Opening Corvette Auction Results at Barrett-Jackson

The 2014 auction season is off and running and if the first few days’ results are any indication this year is going to set records in prices and attendance. Barrett-Jackson kicked off the season on Sunday, January 12th, with their legendary auction extravaganza and so far have seen attendance jump by 25%. In addition the prices paid have set a precedent for the highest for initial first few days, days traditionally know for “bargains”.

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Corvette Auction Preview: Mecum Anaheim 2013

by Steve Burns on November 21, 2013

Corvette Auction Preview: Mecum Anaheim 2013

The Mecum Auctions’ 2013 US tour stops in Anaheim, California this weekend. The 3-day extravaganza gets underway Thursday, November 21st at the Anaheim Convention Center. The action will run through Saturday, November 23rd until all of the nearly 700 cars have rolled across the auction block. Velocity will have 16 hours of live coverage spread across each of the 3 auction days. Click past the jump see a few of the 60+ Corvettes being offered this weekend.

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1963 CERV II Experimental Corvette to be Auctioned in NYC on Thursday
Photo Credit: Michael Furman © 2013 Courtesy of RM Auctions

This week in New York City, RM Auctions in association with Sotheby’s is presenting the Art of the Automobile exhibition and sale. From horse-drawn carriages to the world’s fastest car, the auction highlights the very best machines from their respective eras.

Representing Chevrolet at the event is Zora Arkus-Duntov’s second Chevrolet Engineering Research Vehicle which today is known simply as CERV II.

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Legendary Rebel L88 Corvette Racer For Sale at Barrett-Jackson's Scottsdale Auction
Photo Credit: Barrett-Jackson

Throughout the sixty years of Corvette history there are relatively few cars with the background, impressive credentials and significance of the renowned #57 1969 L88 racecar known as “Rebel”. The Rebel was so famous and celebrated that Revell® offered a replica model kit of the car in 1:24 scale. On Saturday afternoon, January 18, 2014, Barrett-Jackson will auction the legendary racecar during their annual Scottsdale auction extravaganza.

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Mecum to Sell the Famous Callaway Sledgehammer at Kissimmee Auction

Here some exciting news from Mecum that is sure to make collectors sit up and take notice.

We recently learned that the most famous Callaway Corvette ever made – the 254 MPH Sledgehammer – will be offered for sale at Mecum’s annual January event in Kissimmee, Florida.

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1967 Crown Jewel Corvette L88 to be Offered by Barrett-Jackson in Scottsdale
Photo Credit: Barrett-Jackson

The high performance Corvette market is red hot. One of several recent examples was the world’s record price set this past September for a Corvette at auction, a 1967 Corvette L88 sold for $3.2M. You can bet that owners of high performance Corvettes who want to sell will be jumping on the bandwagon to take advantage of the sizzling Corvette market and the huge audience the Scottsdale auctions provide.

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Nebraska Farmer Buys Lambrecht Chevy's 4 Mile 1978 Corvette Indy Pace Car
Photo Credit: Hemmings

The debate had ranged for months.

To wash or not?

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Corvette Auction Preview: Mecum Chicago 2013

by Steve Burns on October 10, 2013

Corvette Auction Preview: Mecum Chicago 2013

Mecum Auctions blows into the Windy City this weekend for their annual sale. This year they christen a new location with 1,000 vehicles including over 90 Corvettes. The 3-day event kicks off Thursday, October 10th and runs through Saturday, October 12th at the Schaumburg Convention Center. Velocity will have 16 hours of live coverage from Chicago.

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