One of the featured consignments at Russo & Steele’s auction in Newport Beach, California this weekend will be a 1964 Corvette coupe. If you’re looking for a potential NCRS Top-Flight winner, this is not the car for you. This Corvette combines the classic design of a mid-year coupe with all of the modern conveniences of today’s cars—a restomod in other words.
Overall Mecum’s first trip to Seattle was met with an over flow of enthusiastic bidders and collectors. Mecum obviously worked overtime to offer their customers a varied assortment of excellent collector cars. When the curtain came down Mecum had to be pleased with their initial foray into the Pacific Northwest setting a world’s record for a muscle car when a 1971 Plymouth Hemi Cuda was hammered for $3.5M. It was obviously a muscle car market since it definitely was not a Corvette market.
Mecum put together a dynamite docket of outstanding investment level Corvettes for their introductory event in the Northwest and though there was strong bidding for a some of the Corvettes, the majority of bids did not meet the consignor’s reserves and 65% of all Corvettes offered over the two day event went unsold and none of the four featured Corvettes sold.
Another indication of disappointing results for Corvettes was the fact only one Corvette was able to make the top-ten list, a 1958 restomod. That is almost unheard of for the world’s largest Corvette seller who typically has almost half of the top ten occupied by America’s sports car.
Much of the hoopla surrounding Mecum’s inaugural Seattle auction this weekend is focused on the 1967 L88 Corvette, a ’63 Z06 tanker and several other prized Corvettes. But after reviewing their online catalog, we found this little gem cruising just under the radar.
On Saturday, Mecum will offer a 1962 Corvette was the last first generation Corvette ever built.
Clearly Mecum’s Seattle auction is shaping up to be a blockbuster for Corvette enthusiasts. In addition to the L88 “double feature” we reported earlier this week now Dana Mecum and his team have added another rare Corvette to their first ever Seattle event, Mickey Thompson’s personal 1963 Z06.
On June 13th and 14th, Corvette collectors can bid on a 1967 L88, a 1969 L88, and Thompson’s 1963 Z06. These are some of the rarest, most coveted and most valuable Corvettes ever produced. There’s not much more Mecum could throw into the equation to make it any more exciting for Corvette collectors unless they could find a ZL1 or an original Grand Sport to add to their other three bluechip Corvettes.
The headline is not a typo or a joke — a price for anything that includes seven digits is a serious matter and especially so for a car that hasn’t been started since 1967. Our friends at roadtrippers.com noticed this ad on eBay and understandably wondered if the ad and the car were legitimate. Certainly it’s not every day that you see a price that high on eBay, but it’s not even close to the highest eBay sale on record—that belongs to a Frank Mulders designed, 405-foot yacht that sold for $168,000,000 in 2006.
Barrett-Jackson® confirmed today in a conversation and subsequent press release that they will offer one of the most significant automobile collections in the world at their Scottsdale Auction in January 2015, the esteemed Ron Pratte collection. A spokesperson for Barrett-Jackson confirmed in a phone interview that the final details for liquidating the major part of Pratte’s collection at the 2015 Scottsdale auction are being finalized by Craig Jackson, Steve Davis and Gary Bennett. Due to the size and significance of the collection a special catalog will be produced as soon as all of the details have been decided. The importance and magnitude of the event was best summarized by Steve Davis, President of Barrett-Jackson, “This is going to create excitement beyond anything we’ve ever seen.” And based on excitement the “World’s Greatest Collector Car Collection Auction” has produced, that is clearly is saying a lot.
Now that Mecum has wrapped up their 27th Annual Spring Classic in Indianapolis, Corvette enthusiasts are looking forward to the latest addition to Mecum’s already extensive schedule of collector car auctions, this one in Seattle. And the reason for the anticipation is that one of the “bluest” of blue chip Corvettes will cross the block on Saturday June 14th, one of only twenty 1967 L88′s ever produced. Rarely do these special Corvettes ever change hands and when they do a world’s record price is usually at risk of being broken.
You really hate to see this.
A wrecked 2014 Corvette Stingray with only 293 miles on the odometer sitting in an insurance auction lot waiting to be sold.
Somebody’s baby no more.