There is a song by Pearl Jam called “Soon Forget” that opens with these lines: “Sorry is the fool who trades his soul for a corvette. Thinks he’ll get the girl he’ll only get the mechanic.” I was immediately reminded of those lyrics when I came across this 1958 Corvette barn car that was sold at a Canadian auction over the weekend.
As a 1966 Corvette owner, I have a special affinity for other ’66 Vettes. So when I was walking the auction staging area at the 2011 Mecum Kissimmee auction last week I came to dead stop when my eyes fell upon this beautiful 1966 L36 427/390 hp Corvette Convertible painted in Laguna Blue.
Barrett-Jackson wrapped up their week-long collector car auction last Sunday and when all was said and done, Corvette sales totaled $10.89 million. Prices seem to returning to “normal” (if you can classify a Barrett-Jackson sale as normal) after a couple of down years due to the poor economy. But most of all, we liked the selection of the 138 Corvettes available which was the highest we can remember at the Scottsdale auction in some time.
RM Auctions descended on Gainesville, Georgia last week to sell one of the largest muscle car collections in the country. Milton Robson’s style was to collect the highest performance vehicle in the model year and series. In his 55-car collection, two Corvettes met his criteria: a 1967 427/435 hp Corvette and the very rare 1957 Corvette with Ramjet airbox fuel injection. There were just 43 factory airbox Corvettes built in 1957 and less than half that amount are believed to be still in existence.
Article Contributed by Steve Burns
It was right around 2pm on Saturday, November 6th when the first Corvette rolled up onto the auction block. Within 3 or 4 minutes the Polo White 1953 roadster had a new owner. This process repeated ‘Vette after ‘Vette for roughly the next 3 hours. The auction block, covered in the traditional Mecum Auctions red color scheme, was packed full of eager bidders throughout the Corvette portion of the docket. The earlier cars could barely been seen due to the mass of people, often times 5-6 deep, surrounding them. The crowd lessened as the auction moved on, but the block was always full of people.
Red Flag Stymies Corvette Comeback in Canada
BOWMANVILLE, Ontario, Canada, Aug. 29, 2010 – After an eventful two hours and 15 minutes of racing at Mosport International Raceway, a red flag brought the Mobil 1 presents the Grand Prix of Mosport to a premature end. When the guardrail lining the high-speed Andretti Straightaway was severely damaged in an accident, officials stopped the race with 30 minutes remaining on the clock. After efforts to repair the guardrail proved futile, the race was subsequently restarted for a ceremonial final lap under caution. The No. 4 Compuware Corvette C6.R of Oliver Gavin and Jan Magnussen was fourth across the finish line in the GT class, followed by the No. 3 Corvette driven by Johnny O’Connell and Olivier Beretta.
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%.
I have been informed by several readers that the first L88 Corvette did sell at $1.25 million at the Mecum at Monterey auction. A review of the mecum.com results confirms this. I apologize for the error.
The first documented L88 Corvette sold at the Mecum at Monterey auction yesterday afternoon for $1,250,000. The mid year was the first documented 427/430 hp Corvette that was campaigned by Tony DeLorenzo in the SCCA A Production class. Years later the Corvette was restored and won awards from Bloomington Gold and the NCRS.
Gavin and Beretta Score Hard-Fought Second in Battle of the Brands
LEXINGTON, Ohio, Aug. 7, 2010 – Corvette Racing was up to the challenge in the Mid-Ohio Sports Car Challenge, the sixth round of the American Le Mans Series. Oliver Gavin and Olivier Beretta drove the No. 4 Compuware Corvette C6.R to a runner-up finish in the fiercely contested GT class at the Mid-Ohio Sports Car Course, finishing .582 seconds behind the winning No. 62 Ferrari 430 GT of Jaime Melo and Gianmaria Bruni.
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.