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Mecum

1963 Corvette Convertible Fuelie Offered at No Reserve at Mecum Auction in Las Vegas

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.

1954 Corvette Offered by Mecum's Las Vegas Auction 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.

[VIDEO] Astronaut Gus Grissom's 1967 Corvette Lands in Wilmington, NC

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.

Mid Year Corvette Auction Price Pull Back

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.

Rare 1994 Brickyard 400 Corvette Track Car to Cross the Block at Mecum Kissimme

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.

1955 Corvette VIN 002 with Oldest Production V8 to be Offered at Mecum Kissimmee

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.

Unique 1965 Corvette Big Tank Coupe to Cross the Block at Mecum's Kissimmee Auction

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.

1965 Corvette VIN 001 Heading to Mecum's Kissimmee Auction

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.

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