Tags Posts tagged with "RM Auctions"

RM Auctions

1962 Gulf Oil Corvette Race Car Sells for $1.65 Million at RM Sotheby's

RM Sotheby’s handled the auction duties in selling the Andrews Collection in Houston over the weekend and now we have some results to report on several significant vehicles that were sold. Nine Corvettes were offered for sale in the collection which ranged from a first-year 1953 Corvette to a 1966 Corvette Convertible.

Leading the Corvette sales was the 1962 Corvette Racer that was formerly campaigned in the SCCA by Gulf Oil and the driven by the legendary Dr. Dick Thompson. That car sold for $1.65 million.

1953 Corvette VIN 274 Heading to RM Auction at Amelia Island

It’s always exciting to see a 1953 Corvette up for sale.

The latest of the first 300 Corvettes ever made will be up for sale at RM Auctions in Amelia Island, Fla., on March 14.

Only 26 more 1953 models were made after this one, which is the 274th Corvette ever made. Considering more than 1.5 million Corvettes have been made since then, it’s awe-inspiring to think about the historic importance of this particular car.

But No. 274 has much more going for it than just being a 1953 model.

1963 CERV II Experimental Corvette to be Auctioned in NYC on Thursday
Photo Credit: Michael Furman © 2013 Courtesy of RM Auctions

This week in New York City, RM Auctions in association with Sotheby’s is presenting the Art of the Automobile exhibition and sale. From horse-drawn carriages to the world’s fastest car, the auction highlights the very best machines from their respective eras.

Representing Chevrolet at the event is Zora Arkus-Duntov’s second Chevrolet Engineering Research Vehicle which today is known simply as CERV II.

Corvette Auction Preview: 1968 L88 Corvette at RM's Scottsdale Auction

It’s not often that someone has the chance to buy a genuine piece of automotive history, with complete documentation since new to prove its heritage.

But that’s what bidders at the upcoming RM Auction in Phoenix, Arizona will have a chance to do on January 18, 2013.

Being offered is one of only 80 L88 Corvettes manufactured in 1968, and RM can trace the history of the most powerful Corvette of the muscle car era back to the original owner.

Corvette Auction Preview: Auctions America by RM Auburn Fall

A Labor Day tradition continues this weekend when Auctions America by RM hosts their annual fall auction at the Auburn Auction Park in Auburn, Indiana. The action started on Thursday when the first of roughly 1,200 collector cars are expected to cross the auction block. Included in that number are about 50 Corvettes. We take a look at some of our favorites after the break.

1968 Owens-Corning L88 Racer Heading to RM's Monterey Auction

As we rapidly close in on the middle of August we also close on in the annual auction frenzy that takes place during Monterey Week. Over the next several days we’ll take a look at some of the unique Corvettes being offered next week in California. First up is the legendary Owens-Corning L88 Racer. The car, generally considered to be the most successful racing Corvette of all time, is being auctioned at RM’s Monterey sale on Friday, August 17th. Get your banker on the phone now as this one won’t be cheap.

Corvette Auction Preview: Auctions America by RM Spring Auburn

Auctions America by RM will be hosting their annual Spring auction in Auburn, Indiana this weekend.

The 3-day sale takes place Friday – Sunday, June 1 – 3 at the sprawling Auburn Auction Park. Last time we counted there were nearly 400 cars up for grabs including over 30 Corvettes. You know the drill, so click past the jump to see our favorites being offered this weekend.

Paul Newman’s Last Corvette Racer Headed to RM’s Amelia Island Auction

The last car raced by renowned actor Paul Newman will be one of the features at RM Auctions’ Amelia Island sale next month in Florida. As lot #130, Newman’s 2002 #83 SCCA Corvette racer will cross the block on March 10, 2012. Newman raced the car from 2003 to 2007 and was victorious in it at his last race one year before he died in 2008.

1953 Corvette VIN #005 Sells for $445,500 at RM's Scottsdale Auction

It didn’t quite reach the pre-auction expectations, but the third-oldest Corvette in existence still sold for a whopping $445,500 at the RM Auction in Arizona on Friday, Jan. 20, 2012. The car was predicted to sell for between $450,000 and $650,000 but fell short of those targets – though still one of the highest priced 1953 Corvettes ever sold.

January Auction Preview: Gooding and Company and RM Auctions

Our final preview at the January collector car auctions will focus on the activities at Gooding and Company’s and RM Auctions’ camps. You already know about 1953 VIN #5 crossing the block at RM, but they’ve also got an early Pilot 1954 in addition to an original Monaco Orange 1969 L88 Coupe up for grabs at Gooding and Company.

RM and Gooding only have a total of 9 Corvettes combined on their dockets, but what they lack in quantity, they make up for in quality.

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