Barrett-Jackson Palm Beach: Corvette Sales Total $1.98 Million

Apr 9, 2012

1983

Barrett-Jackson Palm Beach: Corvette Sales Total $1.98 Million

Barrett-Jackson wrapped up their three day foray to the East Coast as their 10th annual Palm Beach Collector Car Auction concluded on Saturday. The 2012 car list was a bit lighter on Corvettes compared with the auction house’s previous Palm Beach sales, but we still witnessed 39 Corvettes ranging from a 1954 roadster to a 2008 Indy Pace Car replica being sold at no reserve.

Sales of Corvettes at the 2012 Barrett-Jackson Palm Beach auction totaled $1,988,525 which includes the 10% buyers commissions. Our review of the Corvette sales indicates that buyers were very interested in the custom models while sales of original/restored Corvettes appeared to fall right into line as to where the market is today.

Topping the list of Corvettes sold was $203,500 for a 1959 Frost Blue Corvette restomod built on a SRIII chassis with a 350-hp LS1 and modern Corvette suspension and drivetrain. Coming in second was the 1,000 horsepower 1963 Custom mid-engined Corvette V7 twin turbo which found a new home for $94,600 and rounding out the top three was a 2003 Commemorative Edition Z06 Convertible which was sold for $90,200.

As far as our preview of Corvettes which we featured last week, we saw the 1965 396/425 Coupe sell for $77,000. The 1975 convertible equipped with an L82 and a 4-speed transmission was sold for $36,850 and the 1957/2007 Convertibles with matching VINs were sold for $110,000.

Here are the results for the 2012 Barrett-Jackson Palm Beach Auction:

LOT	YEAR	MODEL	STYLE	AMOUNT
43	1993	CORVETTE	40TH ANNIVERSARY EDITION	$29,700
47.1	2000	CORVETTE	CUSTOM COUPE	$24,200
50	1980	CORVETTE	2 DOOR COUPE	$19,800
51	1995	CORVETTE	ZR1 COUPE	$36,300
59.2	1998	CORVETTE	CONVERTIBLE	$22,550
60.2	1975	CORVETTE	CONVERTIBLE	$36,850
60.3	2004	CORVETTE	Z06 COUPE	$33,000
6900	1969	CORVETTE	2 DOOR COUPE	$26,400
360.1	1965	CORVETTE	CONVERTIBLE	$40,700
373.1	1971	CORVETTE	CONVERTIBLE	$40,150
374	1969	CORVETTE	CONVERTIBLE	$29,700
374.1	1964	CORVETTE	2 DOOR COUPE	$45,650
375	1969	CORVETTE	CONVERTIBLE	$31,350
376	1963	CORVETTE	CUSTOM 2 DOOR	$29,700
395	1965	CORVETTE	CONVERTIBLE	$41,800
410	1968	CORVETTE	CONVERTIBLE	$37,950
417	1978	CORVETTE	PACE CAR	$19,250
419	2008	CORVETTE	PACE CAR	$37,400
608	1990	CORVETTE	CONVERTIBLE	$15,400
621	1969	CORVETTE	CONVERTIBLE	$20,625
626	2007	CORVETTE	Z06	$43,450
643	1961	CORVETTE	CONVERTIBLE	$62,700
644	1966	CORVETTE	CUSTOM 2 DOOR COUPE	$31,900
650	1957	CORVETTE	CONVERTIBLE	$55,000
650.1	2007	CORVETTE	CONVERTIBLE	$55,000
660.1	1957	CORVETTE	CONVERTIBLE	$74,800
662	1962	CORVETTE	CONVERTIBLE	$71,500
662.2	1954	CORVETTE	CONVERTIBLE	$49,500
668	1968	CORVETTE	CONVERTIBLE	$35,200
669.1	1959	CORVETTE	CUSTOM ROADSTER	$79,200
673	2003	CORVETTE	COMMEMORATIVE EDITION	$90,200
679	1959	CORVETTE	CUSTOM CONVERTIBLE	$203,500
684	1967	CORVETTE	CONVERTIBLE	$53,900
685.1	1955	CORVETTE	CONVERTIBLE	$67,100
686	1965	CORVETTE	COUPE	$77,000
687	1963	CORVETTE	CONVERTIBLE	$77,000
690	1957	CORVETTE	CONVERTIBLE	$60,500
690.1	2004	CORVETTE	CUSTOM CONVERTIBLE	$88,000
700	1963	CORVETTE	CUSTOM COUPE	$94,600

			TOTAL CORVETTE SALES	$1,988,525

Barrett-Jackson’s next auction event will be held in Orange County California from June 22-24th at the OC Fair and Events Center. Check out Barrett-Jackson.com for details.

Source:
Barrett-Jackson