RM Auctions sold a small contingent of seven classic Corvettes at their Monterey sale held August 12-14th at the Portola Hotel and Spa. The seven Corvettes ranging from 1953-1963 brought in $789,250 in total Corvette sales.
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Mecum’s auction last weekend at Monterey featured some of the best collectible Corvettes available. Sales of Corvettes totaled $3,238,250 lead by the first 1967 L88 Corvette which sold for $1.25 million. Of the 59 Corvettes that crossed the block, 24 received a SOLD sticker for an auction success rate of 41%.
Terry Michaelis of ProTeam Corvette compiled a great listing of the ten most significant Corvettes that sold during the last decade. Terry would know, having personally bought and sold more Corvettes than just about anybody else during that time frame. Check out his list and then I’ll chime in with two sales that deserve recognition.
Mecum wrapped up another Muscle Cars and More auction this weekend in Des Moines, Iowa. A total of 39 Corvettes ranging from a 1956 roadster to a 2005 Coupe crossed the auction block with 22 Corvettes changing hands. The total take was a mere $362,650 as the Corvettes averaged a 56% success rate for sales.
Barrett-Jackson’s inaugural Orange County auction went pretty well despite being held the same weekend as Mecum’s Bloomington Gold auction. The choice of Corvettes at the OC auction was on par with previous Barrett-Jackson events as the docket contained a nice mix of classics, resto-mods and several late model Corvettes. At the end of the three day no-reserve auction, the sales from the 31 Corvettes combined for $1,799,300.
Mecum’s Collector Car auction wrapped up the 2 day sale at the Bloomington Gold Corvette Show in suburban Chicago on Saturday. When the last gavel fell, Mecum had sold 138 of 321 Corvettes for a sales success rate of 43% and a sales total of $4,553,550.
Mecum’s auction at Bloomington Gold sold 63 of 123 Corvettes today bringing in $1.19 million in sales. That’s a 51% success rate. The top seller was a 1957 Cascade Green Roadster which sold for $80,500 while $3,500 purchased a rather tired looking 1984 Coupe. Six of the top ten sales leaders were midyear Corvettes. See the full list of sales after the jump.
Here’s a chance to own a piece of Corvette history – a first year 1953 Corvette and the #274 Corvette ever built. This first year Corvette was built towards the end of the ‘53 production run so many of the enhancements made during the year would have made it on this car. Freshly restored by Brett Henderson, the Corvette has less than 1 mile since restoration and is ready for NCRS judging.
GM has released the MSRP pricing for the 2011 Corvette and overall, prices for all the models except the Corvette ZR1 have increased just $20 over the prices of the 2010 Corvette. For the ZR1, pricing has increased $2,920 to $109,800 for the base model.
JF in Florida submitted this Saddle Tan 1963 Corvette Roadster to Corvette Values:
1963 Corvette convertible, VIN 30867S105XXX, matching numbers 327ci/360hp fuel-injected motor. FI unit replaced with traditional carburetor and original FI unit put on shelf, non-original radiator. 4-Speed transmission, 59,406 original miles. Saddle Tan exterior with saddle vinyl interior. Interior, carpet and chrome are all in excellent condition. Options include AM/FM radio and removable hard top. Owner history, maintenance receipts. Restored in 1982. This Corvette has also received awards from the local Corvette club shows.
Find out how we valued this Corvette after the jump.
