Mecum’s Indianapolis sale wrapped up a little over a week ago and the numbers are in. The 32nd annual Spring Classic brought in a record $70.4 million with 1,189 cars finding new owners. While the Steven Juliano collection headlined the show, Corvettes had a strong showing in Indy commanding a total of $4,856,775 in sales. Once again, our good friend Marshall Fancher from Vette-N-Vestments has summarized the results for our perusal and analysis.
Once the dust settled 101 of the 184 Corvettes in Indy sold which translates into a healthy 55% sell through rate. Interestingly, 25 of those Corvettes bid to over $100,000.
The top Corvette seller was a superb LT4-powered 1967 restomod coupe which hammered for $330,000. A yellow 40k-mile Bloomington Survivor 427/435 convertible ended up in second place at $187,000 while stunning Blue/Blue 340hp 1963 coupe came third with a strong $143,000 bid.
The average price of the top 12 Mecum Indy Corvettes was $130,167. The least expensive Corvette to change hands was a 1985 coupe that sold for just $3,850.
The top 12 Corvettes in Indy were all C1 or C2 Corvettes. 1963 and 1967 cars continue to be hot as they occupied 8 of the top dozen slots. Previously we’ve seen a bias toward restomods topping the charts, but only 2 of them – the 1967 already mentioned and a black 1954 – made the top 12 this time. The other 10 cars were either unrestored original or meticulously restored back to stock form.
Here’s a closer look at the top 12 Corvette sales from Mecum Indy 2019:
Next up Mecum heads to Portland, Oregon June 21st and 22nd where they plan to offer 500 or so cars.
1967 Corvette Restomod Convertible Up for Grabs at Mecum Indy
Pair of 1969 Corvette L88 Convertibles Being Offered as One Lot at Mecum Indy
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