Well, the January auction season finally wrapped a couple weeks back with Barrett-Jackson’s rescheduled Scottsdale event. The ongoing Covid-19 situation prompted a shift from their traditional January slot to a safer time later in the calendar.
While the date on the calendar may have changed, the Barrett-Jackson pageantry and crazy bidding were the same as always. While the Shelby Cobra Super Snake stole the show with its $5.5 million sale, there was plenty to talk about on the Corvette side of the fence as well.
The Corvette docket in Scottsdale featured Corvettes from all 8 generations and, as we’ve come to expect, they covered the full gamut from daily driver to over-the-top show car to mouth-watering restomod.
Our Scottsdale Top 11 list features 12 cars this time due to a 3-way tie for 10th place. Diving into the data we clearly see that restomods remain the hot spot in the market. In fact, 8 of the top 11 positions were claimed by restomodded Corvettes. The only other cars on the list were a pair of highly awarded red 1967 427/435 convertibles and the first production 2020 Corvette convertible. So, no surprises here.
The top Corvette sale was the custom 1959 purchased by Kevin Hart for $825,000. Next up was a black/black 1963 custom coupe fetching $451,000. A black on red 1967 restomod came in third at $440,000. How’d the stock Corvettes fair? The first production C8 convertible hammered at $400,000 while the 1967’s sold for $396,000 and $286,000 respectively. The Pandem Widebody C8 didn’t make our list, but did sell for $148,000.
The overall cost of the Top 11 (really 12) Corvettes in Scottsdale was $4,651,500 and the average came in at $387,625. It took a $275,000 sale just to earn a spot on our exclusive list. All those numbers include the 10% buyer’s fee.
Here’s a closer look at the Top 11 Corvette sales from Barrett-Jackson Scottsdale.
1. Lot #1358 1959 Green/Tan Restomod – $825,000
2. Lot #1414 1963 Black/Black Restomod – $451,000
3. Lot #1367 1967 Black/Red Restomod – $440,000
4. Lot #3003 2020 Black/Red Stingray Convertible – $400,000
5. Lot #1347 1967 Red/Black 427/435 Convertible – $396,000
6. Lot #1363 1963 Silver/Red Restomod – $385,000
7. Lot #1311 1967 Gray/Burgundy Restomod – $330,000
8. Lot #1343 1963 Black/Tan Restomod – $313,500
9. Lot #1407 1967 Red/Red 427/435 Convertible – $286,000
10. Lot #1432 1962 Silver/Red Restomod – $275,000
11. Lot #1324 1957 Blue/Tan Restomod – $275,000
12. Lot #1362 1962 Black/Back Restomod -$275,000
So, based on our highly scientific analysis of the data above, we can report all appears normal within our hobby. Restomods and 435’s remain the hot spot for collectors. It seems there’s just no ceiling when it comes to sale prices of those models. We’ll see if this trend continues when Barrett-Jackson rolls into Las Vegas June 17th – 19th at the reimagined Las Vegas Convention Center.
[PICS] Kevin Hart Pays $825K for a ‘Mint’ 1959 Corvette Restomod at Barrett-Jackson Scottsdale
First Retail 2020 Corvette Convertible Raises $400,000 for Charity at Barrett-Jackson Scottsdale
[VIDEO] 1963 Split Window Restomod Heading to Barrett-Jackson Scottsdale