1953 Corvettes continue to fetch big money at collector car auctions around the country. Over the weekend, a 1953 Corvette hit the auction block at Hilton Head’s Concours d’Elegance and sold for $440,000, a figure that ties the high price set earlier this year for the first year mark at the McMullen auction in Detroit. The selling price includes the 10% Buyers Premium. The Hilton Head auction was gaveled by the Worldwide Group. With 1953 Corvette prices up sharply compared to 2005 and 2006, collectors are striking while the iron is hot. Only two 1953 Corvettes were sold at auction in 2006, including the #003 Corvette which changed hands for $1,080,000 at Barrett-Jackson in Scottsdale. So far this year, seven 1953 Corvettes have hit the market, with six resulting in sales. Here are the sales results for 1953 Corvettes for 2007:
Auction | Model | Price | Result |
Hilton Head | 1953 Corvette | $440,000 | Sold |
Mecum St. Charles | 1953 Corvette | $225,000 | High Bid |
Bloomington | 1953 Corvette | $283,500 | Sold |
Bloomington | 1953 Corvette | $296,625 | Sold |
McMullen | 1953 Corvette | $440,000 | Sold |
WW – Seabrook, Tx | 1953 Corvette | $396,000 | Sold |
Barrett-Jackson (Scottsdale) | 1953 Corvette | $298,350 | Sold |
Total Sales: | $2,154,475 |
Source:
Island Packet
The Worldwide Group Related:
Auction Results: 1953 Corvette Sells for $440,000 Technorati Tags:
Corvette | 1953 | C1 | Auction
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cool stuff corvetteblogger. We shared this data on our site too! Our store owns an original un-touched ’53, so we thought is neat to see how they are selling – thanks!
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