We’ve already talked about some of the high end Corvettes being offered at the January 2014 auctions including a 1967 L88 coupe, the George Barris Asteroid Corvette, and The Rebel L88 racer. Potentially the most significant Corvette up for grabs next month is The Real McCoy 1956 racer. If it wasn’t for this C1, the aforementioned ‘vettes may not have even existed.
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.
When Harley Earl left General Motors in 1963, he was gifted with this unique Corvette Sting Ray Convertible that was customized to his interests by the style department he originally created. The Harley Earl Corvette was the featured vehicle at Mecum’s 2013 Chicago auction and a little after 3pm ET on Saturday afternoon, the hammer fell with the sold price reaching $1.5 million.
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.
A rare 1957 Corvette featuring the 283/283 hp (RPO 579E) fuel injection sold for $290,000 at Mecum’s 2013 Dallas Auction.
This Onyx Black roadster is one of only 43 “airbox” Corvettes produced in 1957 which offered a new fuel injection system helping the 283 Cubic inch engine attain the mythical “one-horsepower-per-cubic-inch” threshold for the first time.
The ’57 Airbox Corvette was part of the Buddy Herin collection which also saw the record-breaking $3.2 million sale of the 1967 L88 Corvette Sting Ray at the same auction.
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Right on the heels of the record breaking 1967 L88 Stingray which sold for $3.2M at Mecum’s Dallas Auction September 7, Dana Mecum is out to break his own record for the price paid for a Corvette. The “Dealmaker” knew he’d have to do something spectacular for an encore at his upcoming Chicagoland Auction, October 10-12, and as if pulling a rabbit out of a hat he is magically offering the special modified 1963 Corvette given to Harley Earl by GM honoring his contribution to the corporation and Corvette, Harley Earl’s personal Corvette.
Dana Mecum’s favorite car has to be the Chevrolet Corvette, especially if solely based on the number of outstanding high dollar cars that were hammered down during the last four days of his third Dallas auction.
It was clearly evident that Corvettes carried the four-day auction and were the car of choice for collectors where a new record price was paid for a Corvette ($3.2M, a 1967 L88, fully documented former NHRA record holder and the only ’67 L88 to retain its original body panels).
Of the 172 Corvettes that crossed the block 106 were sold, a 61% sell through rate, for a combined hammer price of $9.106M. Though some buyers were able to grab some excellent bargains during the first two days of the sale, the last two days saw spirited bidding and prices well above average. Almost twenty Corvettes were hammered down above $100K. It seemed as though most restored second generation cars were selling between $100K to $150K and if the car had any rare options it was selling close to or above $200K.
Photo Courtesy of Mecum
On Saturday afternoon at the Mecum auction in Dallas, Lot #123 – a 1967 L88 Corvette Roadster from the Buddy Herin collection took center stage. After five minutes of auction banter, the documented 1-20 L88 Corvette Sting Ray became the highest selling Corvette to ever sell at auction with a gavel price of $3.2 million.
Right on the heels of his successful Monterey event which generated over $31M in sales, Dana Mecum is headed to the Lone Star state to host another auction extravaganza, September 4th through the 7th. This will be Mecum’s third year for his annual Dallas event held at the convention center and will be loaded with over 1400 collector cars featuring over a hundred Corvettes including several examples of the six generations.