1967 Corvette L88 Convertible Sells for $1.8 Million at Worldwide’s Scottsdale Auction

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1967 Corvette L88 Convertible Sells for $1.8 Million at Worldwide's Scottsdale Auction


When there are only 20 1967 Corvette L88s built, we take notice whenever one comes available. Wednesday was once such moment as the Silver/Black 1967 L88 Convertible that was once part of the Silver L88 Trifecta collection was sold for $1.8 million at Worldwide’s Scottsdale auction.

That’s a strong price for a L88 Corvette but it did come in below the presale estimates of $1,900,000 – $2,600,000.

Not only that, but the price received yesterday is less than what the Corvette received as a High Bid as part of the Silver L88 Trifecta sale at Worldwide’s Houston Sale last April.

During that auction, the three L88s in the Silver L88 Trifecta collection (1967, 1968, 1969) were offered individually. We watched that auction online and all three Corvettes were hammered sold but we learned later that only the 1968 L88 Corvette actually changed hands. The High Bid for the 1967 L88 Convertible reached $2.4 million.

We didn’t see Wednesday’s auction live but got word that the car sold via Hagerty who tweeted the following:


The 1967 L88 Corvette roadster is the only one to come from the factory with Silver Pearl paint and is one of just 10 L88 roadsters produced during 1967.

One of things that may be holding this car back from reaching parity with the L88 Corvettes which sold in 2013-2014 for over $3 million may found be in the details of the catalog description.

According to Worldwide Auctioneers: “As offered, this L-88 Corvette retains the original powertrain, apart from the engine block, which was replaced during the mid-1970s, a common occurrence in the L-88 world as nearly all of these cars were raced and required new engines as a result. It should be noted that the engine block in the car is nonetheless correct in every way including the stampings, broached deck, date codes, and casting numbers.”

We’ve reached out to Worldwide Auctions for confirmation on yesterday sale and have yet to hear back from them. Should the information change, we’ll let you know!


Source:
Worldwide Auctions

Related:
1967 Corvette L88 Racing to the Block at Worldwide’s Scottsdale Auction
Silver L88 Trifecta Sells at Worldwide Auctioneers Houston Sale
[VIDEO] Worldwide Auctioneers Will Offer a 1967 L88 Corvette at the Houston Classic