1953 Corvettes are very rare beasts and it isn’t very often that one is offered at auction without a significant reserve being asked. Mecum will offer Corvette fans that opportunity at their Rogers Classic Car Museum auction on Saturday, February 28, 2015 when a 1953 Corvette roadster will cross the block with no reserve—that’s right, the car is guaranteed to go home with the highest bidder on the floor.
Mecum Auctions will be offering a 1963 Corvette Sting Ray convertible with the 360-horsepower, fuel-injected engine at no reserve at their Rogers Classic Car Museum auction in Las Vegas, Nevada. The Tuxedo Black roadster with a black interior will cross the block as Lot S177 on Saturday, February 28, 2015. The Corvette is part of approximately 230 cars from the Rogers Classic Car Museum that will be offered at no reserve.
Mecum’s auction of 230 cars from the Rogers Classic Car Museum in Las Vegas is giving car collectors an opportunity that doesn’t come along too often—the opportunity to bid on a variety of American cars all being offered at no reserve. This is particularly interesting to Corvette enthusiasts as one of the no-reserve cars is a Sportsman Red 1954 Corvette. Auctions offering C1 Corvettes at no reserve come along about once in a blue moon.
For Wilmington, N.C., auto dealer Don Latham, the 1967 Corvette Sting Ray he bought at a Florida auction last week has the right stuff.
You see, he bought one of the Corvettes owned by the “Mercury Seven,” the men chosen by NASA in April 1959 to lead America into the Space Age.
All seven of the astronauts had a Corvette, and this one belonged to Virgil “Gus” Grissom, who was one of the three astronauts who died on the launch pad aboard Apollo 1 on Jan. 27, 1967.
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.
If you’re a big NASCAR and Corvette fan, and would like to own a bit of drivable history from the inaugural 1994 Brickyard 400, grab your checkbook and head for Kissimmee, Florida. One of the 25 Corvette convertible track and festival cars will be up for auction at Mecum’s Kissimmee Auction at the Osceola Heritage Park in (where else?) Kissimmee, Fla. this January 16 -24.
There will be plenty of stars out for Mecum’s Kissimmee Auction at the Osceola Heritage Park in Kissimmee, Florida during the week of January 16 – 24, 2015. One of the featured star attractions of special interest to Corvette fans is the earliest production V8 Corvette with a documented original frame, 1955 Corvette VIN 002.
Mid-year Corvette coupes with the 36.5 gallon gas tank option are pretty rare, there having been a total of only 210 built in the 1963 – 1967 model years. But the 1965 Big Tank coupe offered at Mecum’s Kissimmee Auction at the Osceola Heritage Park in (where else?) Kissimmee, Fla. January 16-24 is unique because of its comfort and convenience options not usually found on Big Tank Vettes.
The 1965 Corvette Sting Ray was in its day the C7 of the era, you might say.
The third year of the second generation featured serious updates for drivers, not the least of which was Zora’s long-awaited disc brakes at all four wheels to provide the best possible stopping ability for the time.
Just as the C7 is the darling of the car magazines these days, so was the 1965 Corvette that was finally judged not only an American status symbol but a genuine high-performance sports car capable of thrilling even the most demanding drivers.
Here’s a special 1967 Corvette Sting Ray Sport Coupe that will be offered this week at the Mecum auction in Austin, Texas. The Riverside Red Coupe was shown at the GM Vehicle Display during the 1967 Riverside Grand Prix in California. Since then it has lived the pampered life of a garage queen.