One of the most well-known 1967 L88 Corvettes is crossing the auction block in a couple of weeks. Corvette Mike will be offering his exquisite Sunfire Yellow L88 coupe at Mecum’s Glendale auction on Saturday, March 20th.
Back in December of 2019 Corvette Mike first announced that his award-winning C2 was for sale at $3.95 million. In that release, he also noted that the car would be auctioned later on if not sold privately. Well, that time has now come so those of you with ultra-deep pockets should get your financial affairs in order quickly.
Chevrolet built just 20 L88-equipped Corvettes in 1967. Of those, a little over half are still known to exist. In addition to the thumping 427 up front, L88’s also came equipped with the heavy-duty M22 Rock Crusher 4-speed transmission, transistor ignition, heavy-duty power disc brakes, heavy-duty suspension, heater and radio delete, and a special cowl induction hood.
The Sunfire Yellow C2 is the only known 1967 L88 coupe to still have its original engine intact. It’s also the only original motor C2 L88 to have earned NCRS Duntov, Bloomington Gold, and MCACN Triple Diamond accolades. It’s also obtained multiple NCRS Top Flight awards and Performance Verification and also participated in Bloomington’s 2018 L88 Explosion. All of that was done within the last few years largely following the same campaign trail as your author’s 1972 convertible.
The car underwent a meticulous 10-year restoration using its original or NOS parts and today is essentially in showroom new condition. Its got a stack of documentation including the original sales contract, the NCRS-validated tank sticker, a video interview with the original owner, CCAS certificates on the trim tag, VIN and engine, and the original owner’s Nevada title from July of 1967. It’s still on that original title today. The auction listing does note that the car will be sold on a bill of sale. Should the new owner wish to drive their L88, they’ll have to surrender the 1967 title in favor of a recent one.
Anytime a 1967 L88 comes to market, the Corvette world stands up and takes notice. They are the epitome of collectability in our hobby. Ever since Mecum’s 2013 $3.2 million sale of the maroon L88 convertible and Barrett-Jackson’s subsequent 2014 $3.7 million sale of the red 1967 L88 coupe, we’ve come to expect grandiose numbers from 1967 L88’s. The most recent 1967 L88 public sale was the first production L88 which finally changed hands at $2.5 million after many recent trips across the auction block in the mid-to-upper $1 million range. Prior to that, we saw the Ultimate L88 bid to a no sale of $3.2 million at Mecum Kissimmee 2020. Given those recent sales and the highly decorated pedigree of this yellow L88 coupe, we expect that it’s going to take right around $4 million to put this one in your garage.
Mecum’s Glendale, Arizona sale runs March 18th – 20th at the State Farm Stadium. Vehicle sales begin promptly each day at 10am local time. NBC Sports will have a combination of live and delayed coverage of the event at various times throughout the weekend including a 1-hour live slot on NBC from 12:30-1:30pm on Saturday the 20th.