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15 $199k Corvette Market Benchmark '65 The Insider's Guide to Collecting, Investing, Values, and Trends 396/425hp $22k For a ZR-1: Collectible or Driver? | 124 Corvettes Rated Keith Martin's ►Best Corvette Buy for $40k? ►Hemi Meets Corvette – “Hell Fire” Funny Car ►15 Years to Recover a Corvette from the Police DIGITAL EXCLUSIVE! FEATURING VIDEOS OF SELECT VEHICLES


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Corvette Market Keith Martin's Volume 4 . Issue 15 . Spring 2011 24 1965 396/425 convertible 26 1969 ”Hell Fire” Funny Car 32 2008 ZHZ coupe Profiles C1 1958 Corvette 283/245 convertible—$93,500 at 22 by John L. Stein C2 1965 Corvette 396/425 convertible—$199,280 at 24 by Michael Pierce C3 1969 Corvette “Hell Fire” Funny Car—$42,400 at Mecum (VIDEO) This dominating Funny Car married a brutal Mopar Hemi power plant with the sleek styling of a custom-built and aerodynamic Corvette(ish) body 26 by Dale Novak 4 Corvette Market SPRING 2011 www.corvettemarket.com Mecum (VIDEO) The reason a significant premium was paid for this '65 over a body-off/frame-off restoration is simple—cars are only original once and this is the best of the best Barrett-Jackson (VIDEO) Although beautifully restored with appropriate finishes and detailing throughout, the somewhat effete Panama Yellow was probably not everyone's favorite. No wonder the color is rare today—hardly anyone ordered it! C4 1991 Corvette ZR-1 coupe—$22,000 at Barrett28 by Thomas Glatch C5 2002 Corvette Avelate coupe—$41,800 at 30 by Chip Lamb C6 2008 Corvette ZHZ coupe—$53,900 at Barrett32 by Mark Rudnick On the Cover: 1965 396/425 convertible Photo by Sam Murtaugh Courtesy of Mecum Auctions Jackson (VIDEO) With less than 100 miles and in showroom condition, this 2008 ZHZ Corvette has the distinction of being one of two ZHZ coupes to have never entered the Hertz rental fleet Auctions America by RM (VIDEO) All the styling details that went into this ill-fated tribute to almost every Corvette ever made still beg this question: Why did GM make the C5 such a plain-looking car? Jackson (VIDEO) The price paid for this low-mileage, highly original car is near low book for a 1991 ZR-1. Will it ever be valuable? Probably not in the new owner's lifetime


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Market Reports 36 Barrett-Jackson, Palm Beach, FL Barrett-Jackson Palm Beach sells 38 of 52 Corvettes for $2.5m by Dale Novak 46 Carlisle Auctions, Carlisle, PA The Spring Carlisle auction sells 12 of 31 Corvettes for $352k by Chip Lamb 54 Global Roundup 80 Corvettes from nine auctions total $2m by CM Market Analysts Departments 8 Publisher's Note 10 Insider's View: Which Corvette Would You Buy for $40,000? 12 Q&A: Cool differentials and less grunt 14 Courtroom Corvettes: Recovered-theft Corvettes—with or without a recovered theft title and special VIN—are not risk free as they can still be part of another law enforcement agency's investigation 16 Events: Things to do and places to be with your Corvette 20 Auction Calendar 34 Market Overview 78 By The Numbers: Top Corvettes sold since February 2011 80 Price Guide: Current Corvette pricing 84 Trick Stuff: Show wax, a C4 barbecue and a C6 Maglite 86 In Miniature: Danbury Mint's EX 122 Motorama Corvette in 1:24 scale 86 Speaking Volumes: Legendary Corvettes: 'Vettes Made Famous on Track and Screen 88 Resource Directory: Meet your Corvette's needs 90 Vette-o-bilia: Corvette slot cars, L88 Sebring model and an opening day pin from the National Corvette Museum Digital Bonus CM 10 The $40,000 Question: Which Would You Buy? Additional Seat Time contributions, videos and images are available on this issue's Digital Edition, included with every print subscription. To sign up for your Digital Issue, go to www.corvettemarket.com/digital or call 503.261.2555 ext. 1 www.corvettemarket.com SPRING 2011 Corvette Market 5


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Publisher's Note By Keith Martin Help us Find Our Next Corvette Corvette Market Keith Martin's Volume 4 . Issue 15 . Spring 2011 Publisher Keith Martin Operations Manager Ryan Brinkley Executive Editor Chester Allen Art Director Jeff Stites Managing Editor Jim Pickering Auction Editor Tony Piff Data Analyst Chad Tyson Copy Editors Yael Abel Bill Neill Auction Analysts B. Mitchell Carlson Tom Glatch Daniel Grunwald John Clucas Chip Lamb Norm Mort Dale Novak Phil Skinner Contributors Carl Bomstead Marshall Buck Colin Comer John Draneas Michael Pierce John L. Stein Information Technology/ Internet Bryan Wolfe What Managing Editor Jim Pickering wants... A s we gear up for our 5th trip to Bloomington Gold—and at the same time, get serious about our next CM staff Corvette—it's only natural that we should begin to think about the pluses and minuses of original, preserved, older-restored and freshly restored cars. Our Corvette fanatic friends, including Terry Michaelis of ProTeam Corvettes and Keith McCormick of McCormick Auctions in Palm Springs, CA, are adamant: “Having a Bloomington Gold Survivor-certified car is the best.” According to them, nothing can trump a car with its original finishes, and an unrestored car can provide a more authentic driving experience than a restored one. Well, yes and no. For me personally, the burden of responsibility of caring for an original Corvette doesn't interest me at all. The CM cars are daily drivers, and I don't want to worry that a fender bender, or a slice in a seat from someone's careless placement of a screwdriver in their back pocket, becomes a major tragedy. I also don't want to have to explain to somebody why the old, no-luster paint on my Sting Ray is “special” and should be “admired.” My dream car would be one that had a cosmetic restoration a decade or so ago, and has been driven 10,000 miles since. It would have fresh suspension bushings and everything underneath in good shape. It should have its original engine and be painted its original color to a decent standard, so that when we show up to a Corvette Show ‘N Shine, people will immediately like it—rather than us having to explain why, as a (Bloomington Gold-style) Survivor, it is okay if it's looks kind of worn out. I also would be very reluctant to buy a Corvette that has had a “body-off,” rotisserie-style restoration. I simply think that once a car has been completely blown apart and then reconstructed, it rarely—if ever—drives as it should. Further, any kind of restoration to that level simply increases the price of a Corvette—without increasing its driving value to me. Just as with a Survivor, I don't want the burden of caring for a 100-point car. After all, we have a 4-year-old, and he rides in all of our vintage cars. Sooner or later, Bradley is going to dump his chocolate milkshake onto the carpet. If that causes me to have a concours-prep heart attack, I'm in the wrong car. That's not to say that I don't admire and respect Corvette enthusiasts at both ends of the spectrum—those who lovingly preserve their original cars, and those who restored their cars to an ultimate level—even beyond Bloomington and NCRS standards. After all, when you own a car, part of the deal is getting to do exactly what you want with your car. Which gets us back to the next CM Corvette. At the office, we're pretty clear about exactly what condition Corvette we are looking for—an older, restored, correct-color, numbersmatching car. Small block is better than big block. Our budget is $30,000 to $40,000. What should we be looking for? Send your thoughts and suggestions to me at keith.martin@corvettemarket.com, and watch for your comments in our next issue. Thanks again for being a part of the CM gang. ■ 8 Corvette Market SPRING 2011 www.corvettemarket.com Financial Manager Nikki Nalum Print Media Buyer Wendie Martin Director CM Television Roger Williams ADVERTISING SALES Advertising Executives Tom Mann tom.mann@corvettemarket.com 877.219.2605 x 211 Cody Wilson cody.wilson@corvettemarket.com 877.219.2605 x 213 SUBSCRIPTIONS Subscriptions Manager Kyle McBride Subscriptions Coordinator Rich Coparanis Subscriptions 877.219.2605 x 1 9 am to 5 pm, M–F service@corvettemarket.com 503.253.2234 fax CORRESPONDENCE Phone 503.261.0555 Fax 503.253.2234 General P.O. Box 4797 Portland, Oregon 97208 FedEx/DHL/UPS 401 NE 19th Street, Suite 100 Portland, Oregon 97232 Email help@corvettemarket.com Web www.corvettemarket.com Corvette Market magazine (ISSN# 1939-6481) is published quarterly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. POSTMASTER: Send address changes to Corvette Market, PO Box 4797, Portland, OR 97208. The information in Corvette Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats, and intellectual concepts in this issue © 2011 by Keith Martin's Corvette Market, LLC, Automotive Investor Media Group, and Automotive Investor in this format and any other used by Corvette Market magazine. Copyright registered with the United States copyright office. PRINTED IN USA


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Insider's View The current state of the Corvette Market The $40,000 Question: Which Would You Buy? The newer Corvettes are great performers, but driving a mid-year convertible is really hard to beat T he CM question: You're looking for a great Corvette and you have $40,000 to spend. Which of the following would be your choice, and why? • 1964 Corvette 327/250 convertible in #2 condition, red with a black interior, 4-speed, numbers-matching car. • 1996 Corvette Grand Sport coupe with 2,000 miles, one owner, all original paperwork, and red leather seats. • 1995 Corvette ZR-1 coupe, yellow with black leather, new in box with just 1,200 miles. One owner, inspected and ready to go. • 2006 Corvette Z06 coupe, black on black leather, 60,000 miles, #3 condition, two owners from new. CM readers say... 1996 Grand Sport a small number were built, this could become a future collectible. Yellow was also a very rare color for ZR-1s, with only 189 produced out of 6,939 cars. I would drive and enjoy and not save, shine and buff. Life is too short and Corvettes were meant to be driven. Patrick Bryson, via email: 1964 327/250 convertible Marshall Machado, via email: Personal experience says all the newer Corvettes listed are great performers, comfortable, good long-distance cruisers and safe as well. On the other hand, the overall experience of owning, driving, showing and sharing a mid-year convertible is really hard to beat. Give me the ‘64. Put the top down and it will garner the smiles and admiration of friends and family, and a few personal touches will make it your own personal pride and joy. Plus, you “won't see yourself coming and going” whenever you're out in it. Dwayne Bublitz, Flagstaff, AZ: Very tough question, as all are great Corvettes and lots of bang for the buck. However for me, my first choice would be the 1995 yellow ZR-1. Not many Corvettes come close to the exotic LT5 engine designed by Lotus and built by Mercury Marine. As 1995 was the last year of production and 10 Corvette Market SPRING 2011 www.corvettemarket.com For me it's all about vintage usability. All the choices are great, useable cars, but most of them are not something I can use on a tour or club event. The 1964 is the way to go. Small block for better handling in the mountains and the top goes down to enjoy the weather. The 4-speed will wring the most out of this “lowpower” Corvette. This is a very ideal car, even if it is not the most powerful version. Rick Cosier, West Lafayette, IN: Having owned 15 Corvettes over the past 46 years and currently driving a 2011 Grand Sport manual transmission coupe, I believe there is a clear choice in response to the $40,000 question—the 1996 Grand Sport coupe with a red interior, all paperwork, and only 2,000 miles. Not only is this car spectacular to look at and fun to drive, it is sure to appreciate over the coming years (given limited use and tender, loving care). In 1996, my buddy in Texas had the opportunity to purchase a new ‘96 Grand Sport convertible with the red interior for several thousand dollars off the sticker price. He turned it down thinking the “bluish purple” color was not attractive. Well, he now wishes he could revisit that fateful day and buy the car for that tremendous deal. Over the years the ‘96 Grand Sport has “grown” on most Corvette enthusiasts, along with the general appeal of the LT4 and its one, lone year of production. So, this is a no brainer—the ‘96 Grand Sport for $40,000 gets the nod. Mark Rudnick, via email: I would spend the $40,000 on the 1995 ZR-1 coupe. I feel the 1995 ZR-1 offers the best investment potential. It's an exciting car to drive and truly incorporates a unique engine and


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Bill Mills, via email: The 1964 is my clear choice. It's the right color, convertible, and sure to hang on to its value. I'm a firm believer in buying less-popular cars because for the same money you can get a better car. For example, the same $40,000 would only buy a lesser 1963 convertible, despite the fact that they are basically the same. If you have an ego problem, stay away from a ‘64, but if you want top-down fun in a mid-year Corvette, this is the one for you. Tracy Brown, via email: I'll take that ZR-1. More bang for the buck. It will be more and more collectible in time. It's the fastest of the bunch too, which is important with all those Porsches out there. ■ 1995 ZR-1 technological innovation. The introduction of the ZR-1 in 1990 marked a significant moment in the history of the Corvette. It opened the door for all the future performance advances to be incorporated in the Corvette. 1995 is the last year for the ZR-1, and along with 1993 and 1994, has the low production number of 448 units. The 1,200 miles, complete documentation—and coming from the original owner—just add to the value of this special Corvette, which will always be appreciated by the Corvette faithful. David Lavine, Minneapolis, MN: I would take the ZR-1. It's a new car for only $40,000. It's the rarest of the choices, and is very likely to appreciate in value. And, for the best reason of all, I think it is the coolest of the four. 2006 Z06


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Questions &Answers From grunt to cruise My mid-year Corvette has a factory 4.56:1 gear, which offers plenty of grunt but unfortunately renders it nearly undriveable on the expressway. I know I need to change the ring and pinion, and was thinking of a 3.55:1. What do you think of that, and, do you have any tips on how to insure my mechanic properly installs the new ring and pinion? I don't want it to howl or destroy itself (or my original housing). Thanks!— C.B., Irvine, CA I agree, a 4.56 is a desirable option on paper, but ridiculous for a car one intends to drive anywhere other than a drag strip. As I have written here before, gear ratio selection depends on a lot of factors, including tire diameter and desired rpm at specific road speeds. If you are keeping a tire near the original 27-inch diameter, and want to keep your car under 4,000 rpm at highway speeds, a 3.55 is a good choice. Unfortunately, finding technicians that take the time to perfectly set up a differential is becoming tough, and dropping your 4.56 to something in the 3s is not a simple ring and pinion swap, as the carrier is different as well. My advice? Buy a complete drop-in differential from a specialist, and keep your original unit intact and on a shelf. Even after paying a core charge, it can actually be less expensive as well. I just did the exact same swap in my '67, going from a 4.11 to a 3.36 by buying a complete unit from Zip Products (www. zip-corvettes.com). It transformed a car that hated going 80 mph into one that hits its stride at 85 mph. Z06 collector or driver? Will my 2001 Z06 Coupe ever be collectible? I've Please send your questions to questions@corvettemarket.com. By Colin Comer Easing the Grunt and Keeping Cool on the Track For anything more than short sprint races, Corvette differentials in road racing can get very hot and are prone to fail Well, one thing is for sure, your car is broken. While 2001 Z06 coupe resisted the urge to use it as a daily driver, thinking that as the first year of the new Z06 it might be a good one to preserve. Am I doing the right thing, or all wet?—G.D. Milwaukee, WI Unfortunately, based on the sheer number of 2001 Z06 cars built—5,773—and that the more powerful 2002 model killed 2001 values in under 12 months when new, I don't see much light at the end of the collectible tunnel. At least for a long, long time. The good news is that they make magnificent daily drivers or even weekend track cars, so your best return on your investment will be in driving it, not parking it. Killing the battery I put an Optima battery in my 2006 C6 because I was sick of my stock battery going dead. But this one did also, and after a long winter the battery store tells me it is DOA. What gives?—B.T., Chicago, IL All modern cars have electrical components that will slowly drain even the best batteries. The problem with AGM batteries, such as Optima, is that they really need to be maintained at full charge. Ford learned this the hard way when they equipped all 2005-2006 Ford GT Supercars with Optima batteries. 12 Corvette Market SPRING 2011 www.corvettemarket.com Many failed after being drained and had to be replaced. The fix? Ford sent battery maintainers to all owners and told them to keep the cars plugged in when not in daily use. A good charger/ maintainer, such as a Save A Battery or Battery Tender unit are well under $100. They all come with a simple plug-in harness that can be hard wired to the battery and then plugged into the charger easily when desired. In many cases, the harness can be wired to plug in without having to open your hood. This will make your battery live a long, healthy life and insure your C6 is always ready to roll when you are. Screeching emergency brake I pulled my 1969 coupe out the other day and it started making a horrible screeching sound from the left rear wheel. The car also was nearly impossible to move, and acted like the brakes were stuck on. I checked all the calipers and all look free, and the pads move around with just finger pressure. I can't get the left rear wheel to move for the life of me, though. Do you think a hub bearing failed? It never did anything like this before, and I have owned it since 1977. Help!—F.T., Greenwich, CT I'd need more info to diagnose it completely, a bad hub bearing likely wouldn't fail so suddenly nor would it make the car stop moving. My guess? The emergency brake is inside the center of the rotor, which basically serves as a mini brake drum. You don't mention if you use the ebrake or not, but I bet something broke in the assembly and the brake is stuck on. This would make a horrible noise as you describe, as well as lock the wheel. Check that the clip that holds the e-brake cable in position above the hub didn't fall off or break, as with the clip gone the shoes will expand. If all looks good there, try to get the rotor off and see what is going on inside the assembly. Good luck, and let me know how close my guess is. Cool differential I know you vintage race a C2 Corvette, so I have a question. I'm preparing my ‘66 Coupe for racing and all my racer buddies tell me I need a differential cooler. Has this been your experience?—F.B., St. Paul, MN Absolutely. For anything more than short (20 minute) sprint races, Corvette differentials in road racing can get very hot and are prone to fail. And, the tighter the limited slip, the higher the horsepower, and the harder you run the worse it gets. You'll need to install two AN fittings on the diff, one at the bottom for a feed and one at the top for a return. Plumb in an electric pump rated for moving gear oil, and a simple oil cooler somewhere under the car in the air stream. Wire the pump to a switch on the dash and flip it on after a few laps. Your differential will thank you. ■


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Courtroom Corvettes The legal side of the hobby. By Bruce Shaw, Esq. A 15-Year Battle to Recover a Corvette from the Cops The Pennsylvania State Police completely disassembled the Corvette, removing the entire interior, exterior body parts and the electrical system A C4 that hasn't suffered a 15-year police department “inspection” H ow would you like to purchase a recovered-theft Corvette, legally register and receive a new state title and VIN plate—and voluntarily agree to let the State Police “look “at your car, only to wind up in court for 15 years attempting to get your Corvette back and compensation for damages done to the car? This really happened. In 1988, Jean Zeppi of Luzerne County, PA, purchased a recovered-theft 1985 Corvette for $14,000 and paid the required sales tax of $884. She also applied to the Pennsylvania Department of Transportation for a new title and new VIN tag—as required under Pennsylvania Law for recovered theft automobiles. She also took out a car loan and purchased car insurance. She had purchased the car to show and as an investment. Zeppi carefully main- tained the Corvette at Zenier's Garage in Hazelton, PA, where she would periodically wax and clean the car. Everything was fine until 1991, when Pennsylvania State Police troopers asked permission to examine the vehicle. They wanted to look for evidence that might help them corral a possible car theft ring. Having nothing to hide and wanting to be a good citizen, Zeppi voluntarily consented. Examination to destruction Several days later, Zeppi discovered that the Pennsylvania State Police had impounded her prized Corvette, and the car was removed from Zenier's Garage for further “examination.” To Zeppi's horror and dismay, the Pennsylvania State Police saw fit to completely disassemble the Corvette, removing the entire interior, various exterior body parts and the electrical system. The troopers also cut a hole in the frame, and last but not least, they took an air chisel to the undercarriage/frame in their effort to “examine” the Corvette. 14 Corvette Market SPRING 2011 www.corvettemarket.com Frustrated to no end, Zeppi sought legal counsel in 1993 in hopes of getting her car returned. After all, she had to continue to make her car loan payments and insurance payments during this nightmare. Two years later—in 1995—the Luzerne County Court of Common Pleas finally directed the Pennsylvania State Police to return the vehicle to Zeppi in the same condition as it was on the date it was impounded. It then took the Pennsylvania State Police another nine months to return the vehicle to Zenier's Garage. The car was not in the same condition as it was on the day it was impounded—in fact, it was returned in pieces. There was nothing left but a “parts car,” with a fair market value of $1,000. Fees and damages Spending another $13,000 in legal fees (her total legal costs through this ordeal were reported to be approximately $100,000), Zeppi went back to court to sue the Pennsylvania State Police for all of her damages— which now consisted of the total loss of the Corvette, back car payments, car insurance, lost interest, attorney fees and emotional distress. The years rolled on. In 2003, the Commonwealth Court of Pennsylvania held that Zeppi did in fact have a valid contract action for restitution against the state police.


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Making use of taxpayer dollars, the State Police appealed the Commonwealth Court's decision to the Pennsylvania Supreme Court. The Court wisely dismissed their appeal. Despite the Commonwealth Court's decision and the Supreme Court's action, the Pennsylvania State Police continued to litigate and contest the case. Finally in April of 2006—15 years after her “good deed” to permit the Pennsylvania State Police to examine her car—justice was meted out… almost. The Pennsylvania Board of Claims found the Pennsylvania State Police to have acted in a dilatory, obdurate and vexatious manner and awarded Zeppi $56,144.29, which at least was a partial win after a total nightmare. Lessons to learn Zeppi could have averted this nightmare—or at least made it less of an ordeal. Before Zeppi actually purchased the car, she should have done a little due diligence to make sure that she was not purchasing a questionable Corvette. She could have easily gone to her local police station and asked them to run the VIN, which means that they would check the vehicle's serial number in the National Auto Theft Bureau database. The database would show if the Corvette was still reported stolen or recovered. A “clean VIN” is one that comes up clean in the database, with no notations or exceptions. It is quite possible that Zeppi received a recovered theft title and special VIN plate from the Pennsylvania Department of Transportation, even while it was still reported stolen at the NATB. Zeppi could have also checked with the State Police and the FBI—prior to purchas- ing the car—to make sure that the car was not under investigation. Different governmental agencies do not always interact with each other. For example, the local police may have no interest in a car, but the State Police or the FBI may still be investigating a case—and have an avid interest in that very same car. Call Your Attorney But practically, whether the VIN was clean or not, Zeppi should have politely re- fused officers permission to look at the Corvette until she retained the services of an attorney. After all, she had a state-assigned VIN and a title in her name. This was her car. According to the U.S. Constitution's Fourth Amendment, all citizens are free from unreasonable search and seizure. Police need probable cause to search or seize the property of a citizen. Probable cause means this: Did the police have sufficient reasons to examine the Corvette—or were they simply on a “fishing expedition” with no rational basis for the examination? An attorney would have been able to find out whether the police had probable cause to look at the Corvette. Even if the police did have probable cause, the attorney could have monitored the search of the car. If the police did not have probable cause, the attorney could have permitted a lim- ited examination and reached an agreement with officers to place limitations on the examination, such as length of time, extent of examination and a certain date when the vehicle would be returned. In closing, remember that recovered-theft Corvettes—with or without a recovered theft title and special VIN—are not risk free. These cars can still be the part of another law enforcement agency's investigation. You don't want to end up buying a show car and ending up with a pile of pieces, courtesy of your local law enforcement agency. ■ BRUCE SHAW, ESQ. is an attorney specializing in collector car fraud. He is a former Bloomington Gold instructor, and an NCRS national judge. His comments are general in nature and are not intended to substitute for consultation with an attorney. www.corvettemarket.com SPRING 2011 Corvette Market 15


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Insider's View Event Guide The current state of the Corvette market Send your Corvette event listing to cmcalendar@corvettemarket.com. Arizona June 3–5, 2011 Bloomington Gold Tour of Grand Canyon/ Sedona The 300-mile tour begins in Williams, AZ and ends in Sedona. Participation is limited to Corvettes from 1953 to 2011. The tour includes Grand Canyon National Park and the beautiful red rock country of Sedona. Tour highlights—besides the scenery and driving—include a Route 66 Corvette Display in Williams, an Indy 500 staging and launch, and tour caps. The tour costs $125 for each Corvette; lodging and meals are not included. www.bloomingtongoldtours.com. California June 23–26, 2011 Corvettes at Lake Tahoe, Lake Tahoe This popular event at the MontBleu Resort includes Corvette speed trials, a show and shine, a poker run, a dinner and a chance to meet Dave McLellan, who was Corvette chief engineer for 17 years. A raffle, vendor booths and a chance for total immersion in all things Corvette make this event on the shores of Lake Tahoe very popular. Registration is $124 for singles and $150 for couples. www.laketahoecorvetteclub.org. August 19, 2011 Corvettes at Concorso, Monterey Bring your Corvette to Monterey Car Week and park it on the Laguna Seca Golf Ranch fairway at Concorso Italiano as part of Corvettes at Concorso. Corvette Market, along with Barrett-Jackson, will host the third annual event. Corvettes will have their own corral, along with a complimentary hospitality tent and awards presented by CM's own Michael Pierce. Awards include “People's Choice,” “Farthest Driven,” and “Most Original.” CM Publisher Keith Martin will serve as emcee of Concorso Italiano— and he will certainly visit the Corvette corral. All Corvettes at Concorso entrants will get a T-shirt to mark the day. CM will have a booth at the event. CM also will be present at many of the other events during the week. Registration for Corvettes at Concorso is $145. For more information, visit www. 16 Corvette Market SPRING 2011 www.corvettemarket.com Corvettes at Concorso concorso.com. Look for the CM crew at The Quail: A Motorsports Gathering, The Pebble Beach Concours d'Elegance, the Russo and Steele auction, the RM auction, the Mecum auction and the Gooding auction. Colorado August 4–7, 2011 'Vettes on the Rockies, Breckenridge The 38th Annual ‘Vettes on the Rockies is headquartered at the beautiful Beaver Run Resort in Breckenridge. This year's event will highlight the 50th Anniversary Corvette, which was sold in the 2003 model year. Owners of 50th Anniversary cars get a discount on room prices. Event highlights include a fashion show, rallies through the Rocky Mountains, dinner parties, an autocross, a pit crew challenge and a huge show and shine on the main street of Frisco, CO. Event and registration fees range from $20 to $260. www.lgcacorvette.org. Idaho July 28–30, 2011 VetteFest 2011, Boise Nothing says summer like driving around in a Corvette—especially during an event that features an all-Corvette drag race, a 120-mile cruise to and from Payette Lake, a show and shine, a barbecue and an autocross. www. valleycorvettes.org. Illinois June 23—26, 2011 Bloomington Gold, St. Charles Bloomington Gold, one of the largest and


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Insider's View Event Guide The current state of the Corvette market most important gatherings of Corvettes and Corvette lovers in the world, returns to Pheasant Run with a full slate of tours, seminars and the judging for Gold Certification, Survivor and Benchmark. Gold is awarded to Corvettes that are 95% of the way they left the factory and Survivor is awarded to original Corvettes. Benchmark—a tough honor—is awarded to Corvettes that reach Gold and Survivor status. Thousands of Corvettes of all years and types will be parked on the resort's golf course fairways. Mecum will throw an all-Corvette auction, while others will be up for private sale at the GoldMine. The GoldMarket will host a mind-boggling array of vendors and a swapmeet. The Great Hall ceremony will honor special Corvettes, people, groups and companies. CM Publisher Keith Martin will be the emcee for the certification awards and the Great Hall ceremony. The CM crew will be onsite for the entire event, so look for our booth. Registration fees vary by event. www.bloomingtongold. com. Kentucky July 14–16, 2011 National Corvette Homecoming, Bowling Green The 30th Annual event at the Sloan Convention Center will feature Lance Miller as grand marshal. Highlights included visits to the Corvette Museum and the GM Assembly Plant, a vendor swapmeet, car corral, judged car shows, seminars, an allCorvette parade and award presentations. This year will feature special displays of the Cadillac XLR. Events are priced from $25 to $300. www.corvettehomecoming.com. Send your Corvette event listing to cmcalendar@corvettemarket.com. Bloomington Gold Maine June 9–12, 2011 8th Annual Back to the Beach Party, Old Orchard Beach It's a party, and you and your Corvette are invited. Cruise the beautiful coast of Maine, gorge on local lobster, listen to live music and much, much more—including a Corvette display and parade. www.back2thebeach.net. Nevada August 9–14, 2011 Hot August Nights, Reno The 25th Anniversary of one of the biggest car and music festivals on the planet is upon us, and 800,000 people and thousands of cars—including lots of Corvettes—show up for the big party every year. The week is a seemingly endless stream of concerts, sock hops and auctions. And there is always a lot of great cars—many of them Corvettes— cruising the strip. Most events are free, but those casinos remain pay-to-play for all. A smaller version of this party happens at South Lake Tahoe from August 6-9, so the truly committed can wallow in cars and doowop for a solid nine days—and hot nights. www.hotaugustnights.net. New York July 31, 2011 'Vettes at the Beach, Sylvan Beach More than 500 Corvettes are expected to show up for the 18th annual show on the shores of Oneida Lake. Don't miss the raffles and the 50/50 drawing. All profits go to central New York charities. The show is not judged but trophies will be awarded. www. syracusecorvetteclub.com. Pennsylvania August 26–28, 2011 Corvettes at Carlisle, Carlisle More than 5,000 Corvettes and many more Corvette fans will roar into one of the world's largest Corvette events. Autocross, dyno testing, burnouts, and a Corvette parade through Carlisle are very popular, but don't miss the giant swapmeet, Car Corral sales, Installation Alley and the sheer fun of hanging out with fellow Corvette addicts. Tickets start at $14. www.carlisleevents.com. Virginia June 27–28 National Corvette Museum High Performance Driving Two days of high-speed track time at Virginia International Raceway is the big Corvettes at Carlisle 18 Corvette Market SPRING 2011 www.corvettemarket.com


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arket Event Guide Send your Corvette e o arket Event Guide Send your Corvette event listing to cmcalendar@corvettemarket.com attraction here, but there is a lot more. Beginners can get expert instruction. A special class, called PrimeDrive, features a classroom section, a one-on-one track driving session with an instructor and one session of riding with an instructor. Participants of all skill levels must fill out a driver classification form. All students must turn in the form within two weeks of registration. Drivers are grouped in skill levels for runs on the track. www.corvettemuseum.com. Washington August 12–13, 2011 21st Annual 5-Star Classic, Tacoma The Classical Glass Corvette Club of Tacoma hosts this event, which includes a hospitality night, a show and shine at Griot's Garage in Tacoma, autocross and a road tour through beautiful western Washington. www. classicalglasscorvetteclub.com. August 14, 2011 XXX All Corvette Show and Burger Bash, Issaquah This is not a sketchy event at a dodgy “Adults Only” place. It is one of the largest Corvette shows in the Northwest. The show is open to all Corvettes and Corvette clubs. Located at the famous XXX Root Beer Drive-in, this is a mega cruise-in for Corvette lovers. www.corvettemarqueclub. com. ■ Auction Calendar JUNE 3-4—MOTOEXOTICA St. Louis, MO 5—BONHAMS & BUTTERFIELDS Greenwich, CT 10-12—LEAKE Tulsa, OK 11—VANDERBRINK Adams, ND 11—BONHAMS & BUTTERFIELDS Portland, OR 17-18—MECUM St. Paul, MN 18—SILVER Coeur d'Alene, ID 24-25—MECUM St. Charles, IL 24-25—RALEIGH CLASSIC Raleigh, NC 24-26—BARRETT-JACKSON Orange County, CA 25—EG AUCTIONS Dana Point, CA 25—SPECIALTY AUTO AUCTION Sioux Falls, SD JULY 2-3—SILVER Jackson, WY rket Event Guide Send your Corvette event listing to cmcalendar@corvettemarket.com attraction here, but there is a lot more. Beginners can get expert instruction. A special class, called PrimeDrive, features a classroom section, a one-on-one track driv- ing session with an instructor and one ses- sion of riding with an instructor. Participants of all skill levels must fill out a driver classification form. All students must turn in the form within two weeks of registration. Drivers are grouped in skill levels for runs on the track. www.corvettemuseum.com. Washington August 12–13, 2011 21st Annual 5-Star Classic, Tacoma The Classical Glass Corvette Club of Tacoma hosts this event, which includes a hospitality night, a show and shine at Griot's Garage in Tacoma, autocross and a road tour through beautiful western Washington. www. classicalglasscorvetteclub.com. August 14, 2011 XXX All Corvette Show and Burger Bash, Issaquah This is not a sketchy event at a dodgy “Adults Only” place. It is one of the larg- est Corvette shows in the Northwest. The show is open to all Corvettes and Corvette clubs. Located at the famous XXX Root Beer Drive-in, this is a mega cruise-in for Corvette lovers. www.corvettemarqueclub. com. ■ Auction Calendar JUNE 3-4—MOTOEXOTICA St. Louis, MO 5—BONHAMS & BUTTERFIELDS Greenwich, CT 10-12—LEAKE Tulsa, OK 11—VANDERBRINK Adams, ND 11—BONHAMS & BUTTERFIELDS Portland, OR 17-18—MECUM St. Paul, MN 18—SILVER Coeur d'Alene, ID 24-25—MECUM St. Charles, IL 24-25—RALEIGH CLASSIC Raleigh, NC 24-26—BARRETT-JACKSON Orange County, CA 25—EG AUCTIONS Dana Point, CA 25—SPECIALTY AUTO AUCTION Sioux Falls, SD JULY 2-3—SILVER Jackson, WY 9—DAN 9—DAN KRUSE CLASSICS San Jose, CA 9—PETERSEN Roseburg, OR 9—SILVER Spokane, WA 15-16—MECUM Des Moines, IA 16—VANDERBRINCK North Bend, NE 30—DAN KRUSE CLASSICS Salt Lake City, UT 30—RM Plymouth, MI 30—VANDERBRINCK Elizabeth, IL AUGUST 6-8—SPECIALTY AUTO South Lake Tahoe, NV 11-14—SPECIALTY AUTO Reno, NV 13-11—VICARI Hiawassee, GA 18-19—BONHAMS & BUTTERFIELDS Carmel, CA 18-20—RUSSO AND STEELE Monterey, CA 18-20—MECUM Monterey, CA 19—VANDERBRINK Corsica, SD 19-20—RM Monterey, CA 20-21—GOODING & CO Pebble Beach, CA 26-28—SILVER Carson City, NV SEPTEMBER 1—LEAKE Houston, TX 1-4—AUCTIONS AMERICA BY RM Auburn, IN 2-4—WORLDWIDE Auburn, IN 3-4—SILVER Sun Valley, ID 15-18—MECUM St. Charles, IN 17—CLASSIC MOTORCAR Canton, OH 18—BONHAMS & BUTTERFIELDS Fairfield, CT 22-24—BARRETT-JACKSON Las Vegas, NV 24—SILVER Portland, OR 29-OCT 1—AUCTIONS AMERICA BY RM Carlisle, PA


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C1 profile 1958 Corvette 283/245 Convertible Perhaps the price would have been higher if the seller had taken the trouble to make the dual-quad setup function properly by John L. Stein Chassis number: J58S107216 The engine is matched to a four-speed manual transmission. The frame-off restoration includes a completely rebuilt motor and transmission, and an attractive period-correct black interior. F CM Analysis This car sold for $93,500 at the Barrett-Jackson auction at the South The year 1958 was the breakout year for quad headlights, and the Corvette—along Florida Fairgrounds in Palm Beach, FL on April 9, 2011. with most everything else from Detroit that year—adopted them. It was a dangerous omen that seemed to predict the oversizing and gingerbreading of the Corvette would soon follow, much as what happened to the second-generation Ford “Squarebird,” but fortunately, that ultimately never happened. And so, despite the styling change, the '58 model eventually became the most commercially successful to date for the young Corvette nameplate, selling 9,168 units compared to just 6,339 units in 1957—an impressive 45 percent bump in a single model year. Next to fuel injection or maybe a supercharger, dual quads were as burly a setup as you could get for the street in the late 1950s. Yet some mention of this '58 Corvette's dual carburetors is in order here. For 1958, there were five 283-ci Corvette engines available. The base V8 produced 230 horsepower with a single Carter carb. Next up was our subject Corvette, which had a dual-Carter, 245-horsepower version. But there 22 Corvette Market SPRING 2011 www.corvettemarket.com or 1958, only 190 Corvettes had the Panama Yellow paint with white contrasting coves combination, making this a very rare car. Even more rare, this car was ordered without a radio or heater. Its period-correct 283/245 engine is now equipped with a single carburetor, but a dual-carburetor setup goes with the sale. Details Years Produced 1958 Number Produced 9,168 Original List Price $3,591 CM Valuation $90,000–$100,000 Tune-up $500 Distributor Cap $25 Chassis # Top of steering column under hood Engine # Right-front cylinder-head deck Club More www.ncrs.org Alternatives 1957 Ford Thunderbird E-code 1959-61 Jaguar XK 150 3.4 roadster 1956-1958 Porsche 356 A Speedster CM Investment Grade A National Corvette Restorers Society 6291 Day Road Cincinnati, OH 45252


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Digital Bonus CM were still three more rungs on the performance ladder to go, including a 250-horsepower Rochester Fuelie, a 270-horsepower, higher-performance, dual-quad Carter setup, and finally, the revered 290-horsepower Rochester Fuelie. Low-output dual quads not that impressive So if you want to get all critical about it, the fact that the original owner eschewed a radio and heater (a substantial $241.30 worth of options at the time) meant he theoretically had money left to invest in the higheroutput, dual-quad system (priced at $182.95), which cost only a nominal $32.30 more than the $150.65 he spent on this lower-output dual-quad system. So what was the problem, Jake? It probably means that ultimately, the original owner was seeking not ultimate performance, but rather the status of a dual-quad Corvette—without spending a ton of dough. Hence the pass on a radio and heater. But fast-forward 53 years, and the fact that the car was equipped with a single carb for the sale suggests that the dual-carb setup was recalcitrant—which is not exactly strong bid bait for a would-be buyer. Perhaps the price would have been higher if the seller had taken the trouble to make the dual-quad setup function properly. However at least the car was authentically prepared under the hood, right down to the natural-looking finishes, period-correct hose clamps and appropriately plated parts. Panama Yellow unpopular – for a good reason Although beautifully restored with appropriate finishes and detailing throughout, the somewhat effete Panama Yellow was probably not everyone's favorite. No wonder the color is rare today–hardly anyone ordered it! Which is an insight into how collectible cars are sometimes presented today. If something was unpopular then, you can just say it's rare now. Very convenient. My usual retort is that whooping cough is also rare, but it doesn't mean you want it…. The unfortunate Panama Yellow color also brings up another point: Whether to restore a Corvette to its factory-original spec or choose a new color. There is no right or wrong here, since once a repaint is determined to be necessary, the car will never be original again anyway. So I say, if you're doing up a personal driver, choose a factory color from the period you like. Our rights include life, liberty and the pursuit of happiness, remember? But if you're doing a restoration for resale, staying with the original OE color is the safest path. A few people may lament that OE color, but a lot more will take shots at the car if it deviates from original spec. So in this case, the restorer did the right thing. Inside, the black interior was nicely completed, although the seat cushions look a wee bit overstuffed. Which means they're begging for some thousand-mile road trips to nestle them in properly and become “just right.” Also, compared to the typical garish red interiors, the black is understated, classic, and timeless. Nothing to dislike here at all. Considering that many solid-axles sell for well into six figures—and considering its high level of restoration—this one looked like a relative bargain, as long as you can deal with the Panama Yellow and the loweroutput, dual-quad setup. But if that's happily the case, then all you'll need is a nice Panama hat to match—preferably yellow. Let's call Lot 689.4 fairly bought and sold. ■ (Introductory description courtesy of Barrett-Jackson.) www.corvettemarket.com SPRING 2011 Corvette Market 23


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C2 profile 1965 Corvette 396/425 Convertible If you missed seeing this Benchmark car during Mecum's Kansas City auction, you may never again get a chance to see it being offered for sale by Michael Pierce Chassis number: 194675S123000 Here's the provenance: • Bloomington Gold Survivor Certification, June 28, 1997 • Bloomington Gold Certification, June 29, 1997 • Bloomington Gold Benchmark Certification, June 29, 1997 • The coveted Benchmark Certification has been awarded to less than 100 Corvettes • The only Benchmark red/red big-block convertible • NCRS Top Flight award, October 25, 2008 • Original engine and transmission • Matching-numbers 396/425 HP • Matching-numbers 4-speed • Original Protect-O-Plate • Complete ownership history with current contact info • Pictures of the car when new • Original Rally Red paint • Original red interior • Auxiliary hard top • AM/FM radio • 43,985 miles Assembled on July 24, 1965 MSRP as built: $5,161.50 CM Analysis This Corvette, Lot S65, sold for $199,280, including buyer's premium, at If you missed watching this 1965 red/red Corvette cross the block during the— Mecum's Kansas City Auction on March 12, 2011. 24 Corvette Market SPRING 2011 www.corvettemarket.com Number Produced Details Year Produced 1965 1,409 396/425 convertibles out of a total production of 23,562 Corvettes Original List Price $5,161.50 CM Valuation $71,400–$127,000 Tune-up $200 Distributor Cap $450 (for an original part) Chassis # Engine # Engine pad surface Club National Corvette Restorers Society More www.ncrs.org Alternatives 1963 Corvette Split-Window Coupe 327/360 1966 Corvette 427/425 1967 Corvette 427/390 CM Investment Grade B VIN Tag under glove box door, on engine pad surface, driver's side upper frame rail and transmission case Photos: Sam Murtaugh Courtesy of Mecum Auctions


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Digital Bonus CM “Nobody sells more muscle than Mecum”—Kansas City auction, there's no way of knowing if it will be years or decades before it is offered for sale again. Although the car was declared a no sale at $195k when it crossed the reserve auction block, just 30 minutes later it was shown as a post-block sale. This is the type of “collector's Corvette” that attracts serious buyers who keep their cars, not “flippers” just looking for a quick profit. Why is this car a rare sight? This is an original, unrestored red/red, hard top only, big-block, 4-speed, 40,000-mile convertible. It is now and will ultimately be the single point of reference for 396-ci Corvettes. There is a simple reason for the significant premium paid for this ‘65 over a body off/ frame off restoration—cars are only original once and this is the best of the best. As we are fond of saying: How many have you seen, let alone for sale? This is the finest example of an original 1965 396/425 convertible in existence. The 425 horsepower Turbo-Jet shows less than 44,000 actual miles—that's less than three miles a day in 46 years. The red exterior paint is totally original from the day it was sprayed— except for a small issue on the right front fender. The red vinyl interior is all original. The engine, transmission, suspension and chassis are all original. It has received the most prestigious Corvette awards in the world: NCRS Top Flight, Bloomington Gold, Benchmark and Survivor. The original warranty book and Protect-O-Plate are still with the car, along with significant other paperwork, a documentable chain of title and ownership. Many of the engine parts are exclusive to this L78 396 and are made of unob- tainium. Two examples are the original, correctly dated and part-numbered carburetor and starter motor. The current price of these two items combined could easily approach the original selling price of the entire car when new. This is an investment-quality car that will always be sought after by Corvette and auto enthusiasts, regardless of marque interest. This car was offered for sale in the NCRS Driveline magazine during the early 1990s as an original car. I believe it was being offered for $50,000, and there were no takers. At the time, both NCRS and Bloomington did not recognize or honor original or unrestored cars. When they finally did, the '65 owner who placed the ad—a Gulfstream pilot in Texas for Continental Oil—sold the car. Other owners have been very serious and nationally known collectors in Nevada and Texas. Scarcity and unique features A total of 15,226 1965 Corvettes were convertibles, and only 1,409 of that number were 396/425 cars. The 1965 Corvette was the turning point of the mid- years. It was the last year for Rochester mechanical fuel injection—which was installed in the 327/375 cars. It was the first year for 4-wheel disc brakes, the power bulge hood associated with big-block engines, and it was the first—and only—year to offer the 396/425 big-block. The 1965 model year also saw a configuration change in the convertible top-bow, retractable seat belts and a tire size increase from 6.70s to 7.75s. It was also the first year of other options, such as side-mounted exhaust pipes, teak steering wheels and wire mesh braided plug wires on radio-equipped 396s. It was also the first year that a power radio antenna became standard equipment. This car is one of less than 100 Corvettes to win Bloomington Gold Benchmark Certification, and its stunning originality makes it a time capsule in American automotive history. That, combined with its outstanding condition and rarity, is why this car brought almost $200,000 in Kansas City this year. As such, this Corvette was fairly priced for both seller and buyer.■ (Introductory description courtesy of Mecum Auctions). www.corvettemarket.com SPRING 2011 Corvette Market 25


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C3 profile 1969 Corvette “Hell Fire” Funny Car Every race car that's up for sale will find wildly varying results. And the more famous the car, the more jing it will bring By Dale Novak Here's the provenance: • Jim Shue's original “Hell Fire” Corvette • 426-ci Hemi Reath engine • Unmolested nostalgia funny car • Hilborn injected • Mike Kase chassis • Clutchflite set up • Ran 7.14 quarter-mile at 200 mph on nitromethane • In storage for 40 years • This is a time capsule and the dawn of funny car racing • A great Southern California drag racing piece of history • Sold on Bill of Sale only CM Analysis This car, Lot F169, sold for $42,400, including buyer's premium, at the In 1970, the March issue of Rodder and Super/Stock featured a two-page spread Mecum Auctions sale in Kansas City, MO, on Friday, March 11, 2011. about the Jim Shue “Hell Fire” Corvette and billed it as the “World's quickest & fastest Corvette—Jim Shue's Hemi-fied Hell Fire.” Our subject car terrorized the strips of Southern California during the 1969/1970 seasons, running in the Manufacturers Funny Car Championships at the Orange County raceway with a best quarter-mile time of 7.29 seconds at a blazing 205.49 mph. Part of the success of this dominating Funny Car was the marriage of the brutal Mopar Hemi powerplant coupled with the sleek styling of a custom-built and aerodynamic Corvette(ish) body—as well as the fact that the car only tipped the scales at 1,970 pounds. The team of Jim Shue and Johnny Wright raced the Corvette for two years before retiring the car after the 1970 season. Wright went on to finish his career piloting one of Mickey Thompson's funny cars. Hot cars, hot collectibles Nostalgic drag cars from almost any bygone era have rapidly become some of the hottest collectibles in the marketplace. Generally speaking, the most winning cars on the circuit with the most notorious drivers and teams will pull bigger money than lesser 26 Corvette Market SPRING 2011 www.corvettemarket.com Details Years Produced 1969 Number Produced 1 Original List Price n/a CM Valuation $40,000–$45,000 Tune-up $1,000 Distributor Cap $20 Chassis # n/a Engine # n/a Club National Hot Rod Association More www.nhra.com CM Investment Grade C cars. Teams such as Sox & Martin, Bill Jenkins and the aforementioned Mickey Thompson come to mind. Or, look at it this way: If a dragster was glamorized in the form of a Revell model or a Hot Wheels toy back when these cars ruled the track, chances are that the full-size, adult version will fetch a pretty penny today. The restorations of these cars can vary widely, and many of the cars sold are distant relatives of the actual dragster that breathed fire and smoked tires. Engines scattered, clutches exploded and cars played tag on concrete barriers along their way down the quartermile asphalt raceway. As such, when cars did survive intact, most were sold to other teams or simply stripped of parts and scrapped. The likelihood that any of the


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Digital Bonus CM drag cars from just about any era have survived with all the original goodies still onboard is highly unlikely. Stored for 40 years Our subject car may be one of those rare opportu- nities to discover a somewhat intact drag car. From the archive photos, we can see that when the car was originally campaigned by Jim Shue and Johnny Wright, it wore the Hell Fire paint scheme, with a blower configuration riding up top of the 426 Hemi. When it was discovered after decades in storage, it was dressed out in a different paint scheme on the original body and was fitted with a 426 Reath Hemi stroked to 472-ci with a Hilborn injection system. The body was rather rough, with all the wear and tear one would expect from a retired funny car, such as cracks, deep gouges and shoddy paint. The balance of the car, based on the seller's de- scription, appears to be unmolested and a virtual time capsule from the dawn of the funny car era. When the car crossed the block on March 11, 2011, the body had been repaired and it was once again wearing the “Hell Fire” livery—and had been freshened up for the sale. It has been reported that the car either did not run, or ran rather poorly on the day it sold. Other research available confirms the overall condition. A price on history Every race car that's up for sale will find wildly varying results. As I mentioned earlier, the more famous the car, the more jing it will bring—generally speaking of course. Naturally, we are speaking about nicely restored cars as well. There will always be a price for provenance, as it's one of the key cornerstones of collectible cars. At Mecum's Kissimmee sale in January of this year, which I reported on, two highly desirable former drag cars crossed the block. One, a 1970 Chevrolet Camaro Pro Stock known as “Grumpy's Toy VIII,” went back home with the seller after a not-enough high bid of $300,000. The other, the dominating 1971 Plymouth Hemi Pro Stock Sox & Martin drag car, also crossed the block as a no-sale with a high bid of $450,000. These are staggering numbers, but that is the price of racing history. The Sox & Martin 'Cuda was one of the most winning and recognized 1970s era drag cars of all time and personally, I'd sell my house to own it, but my wife told me that she has no plans to live in a car. A regional superstar Our subject car is not one of the superstar drag cars with a rich, well-known his- tory. Don't get me wrong—it's a deserving car and it would be a great addition to just about any collection, but it lacks a deep provenance, which will always relegate it to second- or even third-tier status. For a regional car, the “SoCal” ties are about as good as it gets, as many call Southern California the birthplace of hot rodding—and it was arguably the location of the very first legal drag race in 1949, which was sanctioned by the Santa Barbara Acceleration Association. Yes, the California Highway Patrol even gave it a thumbsup. So, from that perspective, it's an interesting machine with a known history. The buyer can sleep well, knowing that the car hasn't been rebuilt from a pile of scrap vintage parts and then rebodied to resemble the actual car that pounded the track in 1969. This car is, for the most part, the real deal and will always be so. Back on the track? Our subject car now looks to be nicely restored and in a respectable condition. It's dressed in its original livery and is a great representation of the birth of the funny car era. The graphics are typically 1970s, with the use of wild, metallic hand-rendered fonts and iconic flames. The plethora of period-correct performance parts coupled with the Southern California racing scene history—plus the great marriage of a Mopar Hemi powering a Corvette body—will always make for an interesting tale. Add in a few crisp, finger-numbing cold beers and by night's end, guys will be taking turns behind the wheel trying to imagine what it might have been like to be plastered to a tin bucket with a radical Hemi staring you in the face. The nostalgic styling and dominating name simply add to the colorful description. You just gotta love the name “Hell Fire.” I'd call this nostalgic funny car a fair deal for both par- ties with a car-length advantage to the buyer—assuming that it didn't cost all that much to get the car up and running again. I am sure it would be more than welcome at any Heritage Hot Rod Racing Series, reunions and especially the California Hot Rod Reunion. I'd love to see this car show up at the local Friday night drags for a trip down memory lane. The crowd would be overwhelmingly pleased. ■ (Introductory description courtesy of Mecum Auctions.) www.corvettemarket.com SPRING 2011 Corvette Market 27


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C4 profile 1991 Corvette ZR-1 Coupe This car, once known as “The King of the Hill,” may not be currently seen as a collectible, but it's a dynamite driver by Thomas Glatch Chassis number: 1G1YZ23J9M5800807 T his 1991 Corvette ZR-1 Coupe has less than 26,000 actual miles. It is completely original and in great condition. Bright Red with black interior, it is one of only 2,044 1991 ZR-1s produced. The ZR-1 package sold at just under $64,000, when the option price of $31,683 was added onto a base Corvette coupe. In the mid-1980s, GM and its Corvette Division approached Group Lotus in the U.K. with the idea of developing the world's fastest production car. From that collaboration came the LT5 engine. The LT5 was hand built using Lotus-designed 32-valve DOHC heads and an aluminum block generating 375 horsepower. This helped the ZR-1 set world speed records. 1991 ZR-1s have unique doors, rear fascia and body panels for the wider 11-inch wheels, dual power leather sport seats, electronic air conditioning controls, electronic selective ride and handling, low tire pressure warning indicator, 6-speed manual transmission—and, of course, the coveted LT5 engine. This Corvette is also equipped with dual Targa tops (glass and body color), AM/FM/CD touch-screen radio, tilt wheel, alloy wheels, power steering, power brakes, power windows, power locks, and cruise control. Own a piece of Corvette history with this collectible, early production 1991 Chevrolet Corvette ZR-1. Car magazine tests of ZR-1 power reported 0-60 mph in 4.9 seconds and a 13.4-second quarter mile. The car has a reported top speed of 180 mph. CM Analysis This car, Lot 47, sold for $22,000, including buyer's premium, at the “The car speaks for itself.” That is what Dave McLellan, former Corvette chief Barrett-Jackson Palm Beach auction on April 7, 2011. Alternatives engineer, said of the 1990 ZR-1. “The ZR-1 gives you attributes of a $75,000-to$300,000 sports car.” 28 Corvette Market SPRING 2011 www.corvettemarket.com Quite simply, the ZR-1 was the fastest street Corvette ever—faster even than the mighty big block monsters of the 1960s and early 1970s. But unlike the Brahma-bull- Details Years Produced 1990–1995 Number Produced 2,044 in 1991 (6,939 total) Original List Price $64,128 CM Valuation $19,900–$30,400 Tune-up/major service $500 Distributor Cap n/a Chassis # Lower left windshield corner Engine # Lower rear side of crankcase Club ZR-1 Net Registry More www.zr1netregistry.com 1982 Corvette Collector Edition 1996 Corvette Grand Sport or Collector Edition Coupe 1997–2005 C5 Corvette CM Investment Grade C Photos: Courtesy of Barrett-Jackson


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Digital Bonus CM 1990 Corvette ZR-1 International World Records Set March 1–2, 1990 at Fort Stockton, TX 100 Miles at 175.6 mph 500 Miles at 175.5 mph 1000 Miles at 174.4 mph 5000 Miles at 173.7 mph 12 Hours Endurance at 175.5 mph 24 Hours Endurance at 175.8 mph for 4,221.2 miles like 427s, the ZR-1 delivered its rush with calm sophistication and leather-covered, Bose stereo comfort—all for a MSRP of $64,128. The incredible performance of the current 638 horse- power, 206 mph ZR1 “Blue Devil” can overshadow the 1990-95 ZR-1's accomplishments, but vintage road tests help keep things in perspective. Hib Halverson, in Road & Track's 1991 Corvette special issue, wrote: “It is now unnecessary to use the words ‘world-class' to qualify the ZR-1. In the ‘highsports' market, there's no longer any question that this car is a major force and among American-built entries in that category it has no match. In fact, nothing even comes close. A standard by which to judge the Chevrolet Corvette ZR-1 is superfluous, because it is now a standard. It has become, unequivocally, what its designers intended all along: ‘The King of the Hill'....” Halverson, who clearly really liked this car, warmed to his work and continued with: “The LT5 is atypical of a DOHC engine because it can be as drivable as that in any family sedan. Low-speed response is extraordinary. Ample torque is available just off-idle. Incredibly, this engine's torque curve is above 300 lb/ft. from 1,000 rpm all the way to 6,500 rpm. A non-turbo, four-cam engine with the LT5's abilities has never before been in a road car.” Along with this superb performance came the kind of dependability that owners of garden-variety Chevys enjoyed. GM insisted that the ZR-1 comply with all corporate reliability mandates, so here was an automotive superstar without the diva-like maintenance its peers required. Proof of that came on March 2, 1990, when a mildly modified ZR-1 set the 24-hour World Speed Record when it averaged 175.885 mph, breaking a record that had stood since 1940. Numerous other records also fell that day, with the ZR-1 performing flawlessly. Today, the ZR-1 Net Registry lists 30 cars with over 100,000 miles on the odometer—and three with over 200,000—all without rebuilding or replacing the engine. Why so special—and so cheap? Twenty years ago the ZR-1 was quite the bargain. A Porsche 911 Turbo would set you back $95,000, while a Ferrari Testarossa cost about $181,000, both delivering performance comparable to the ZR-1. But the “King” could hardly be called an invest- ment, as prices are still declining (although they seem to be bottoming out). As with most cars, the first ZR-1s— the 1990 model—have enjoyed the most interest on the market, as have the last 1995 cars. So have the pretty Ruby Red 1993 40th Anniversary versions. It's a shame, really, but any other ZR-1 is pretty much ignored. $22,000 for this low-mile, highly original car is near low book for a 1991 ZR-1. Will it ever be valuable? Probably not in the new owner's lifetime. Why not? First of all, a total of 6,939 ZR-1s were built—and many owners put them under wraps as an investment. That means many low-mileage ZR-1s exist, and there are enough of them to satisfy current demand. Chevrolet also didn't make this car look radically different from an ordinary C4 Corvette. Finally, you can buy a C5 Corvette coupe with its 345-horsepower LS1 powerplant and superior comfort for around the same price. A nice 1982 Corvette Collector Edition, which has started increasing in value in recent years, could also be bought for about the same money, although it pales in comparison to the “King” in every way. A 1996 Grand Sport or Collector Edition Coupe—the last of the C4 Corvettes— have 330 horsepower under the hood and might be another option. But what a driver! Yet, this particular 1991 ZR-1 has so much more going for it than just market value. It clearly has been pampered, and it has just enough miles on it to drive it without guilt. Its rock-solid reliability makes it a potential daily driver, and most spares are readily available. With its Bright Red paint, this Corvette makes a beautiful impression anywhere it's driven—and as someone who has been behind the wheel of a number of these cars, I can tell you a ZR-1 truly begs to be driven. Then there is the view under the hood and the magical sound of four cams and 32 valves, unique in all of Corvette history. That alone is worth $22k. Yes, this was an average-tolow sale price, but if the new owner bought this car to enjoy it as a driver, and not a financial investment, I would call it very well bought indeed. ■ (Introductory descrip- Seat Time Nigel Dragon, Waterbury, CT: I'm the proud owner of a 1990 ZR-1 Corvette. This car is still in the wrapper, with 298 miles on odometer. The sticker was never removed from the front windshield, and there still is plastic on the seats and cardboard on the floor. Needless to say, the car is in perfect condition. It tion courtesy of BarrettJackson). has been washed twice. Also have most magazines that were on newsstands in 1990 with a few newspapers, hyping the incredible ‘'KING OF THE HILL.'' www.corvettemarket.com SPRING 2011 Corvette Market 29


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C5 profile 2002 Corvette Avelate Coupe The car might be a bit over the top, even by Corvette standards, but that is part of the appeal of these powerful machines by Chip Lamb F inished in blue with a matching interior and based upon a thoroughly modern 2002 Corvette, this remarkable vehicle is number five of only eleven Avelate Split Rear Window coupes produced. While the manufacturer is no longer building the car, some say that this custom is a look into Corvette's future. CM Analysis This car, Lot 411, sold for $41,800, including buyer's premium, at the Auctions America by RM sale in Fort Lauderdale, FL on March 5, 2011. A little over a decade ago, Michigan-based independent automotive designer and retired GM stylist Don Johnson got together with world-renowned Pacific Northwest customizer Dean “Dino” Arnold to create their custom version of a true 21st Century custom Corvette. Both Johnson and Arnold were somewhat surprised by the degree of interest shown from enthusiast and media outlets—and the public. Arnold was already famous in Washington's custom and hot rod scene, while Johnson, whose tenure at General Motors spanned 1969 to 1984, had played a significant role in Camaro and Corvette design during that period. The combined talents of these two resulted in a number of Corvette customs that bear the name Avelate. It did not take these two long to begin creating body molds and working on their first C5-based Avelate, with the idea of building multiple cars. Their designs soon grew from one concept to four: The Roadster, Convertible, Split Window and the “Fifty-Three,” which is a tribute to the first Corvettes. All these custom cars were built on the Corvette C5 platform. The first Avelate—a maroon Speedster—debuted at the Seattle Roadster Show in March 2000 and offered styling that was quite aggressive—yet kept with the overall styling of the Corvette. The car also featured top-tier build quality. 30 Corvette Market SPRING 2011 www.corvettemarket.com Details Years Produced 1997–2004 (for the C5 Corvette). The Avelate Split Window was made from 2001–2003 Number Produced 11 Avelate Split Windows Original List Price About $100,000 for the Avelate Split Window. The list price for the 2002 C5 Coupe was $41,680 CM Valuation $15,000–$22,000 (for C5 Corvettes) Tune-up $500 Distributor Cap N/A (coil-pack ignition) Chassis # Driver's side dashboard at base of windshield Engine # Pad forward of cylinder head on right side Club Corvette Club of America P.O. Box 9879 Bowling Green, KY 42102 More www.corvetteclubofamerica.com Alternatives 1990–96 Corvette C4 2005–11 Corvette C6 1997–2004 Ford Mustang GT convertible CM Investment Grade D Photos: Courtesy of Auctions America by RM


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Digital Bonus CM A little of this, a little of that The high-quality conversion incorporated a hand- ful of styling cues that harked back to almost every generation of America's Sports Car. The side scallops remind one of the mid-late C1, the pointed rear of the C2, the front end is akin to that of a C3 and the grille is loosely based on the first-year 1953 Corvette. Rounded out with more than a hint of Mako Shark throughout, the handcrafted fiberglass body is extremely well finished. Of the original body with which the C5 Corvette left the assembly line, only the interior lower valance was kept—along with the door handles and mirrors. The word of this custom Corvette soon spread, and Johnson and Arnold made their way to Southern California to tempt the television, movie and commercial advertising studios into featuring their car in productions. The aspirations of these two were high, but after building only a few examples of each model, Dean Arnold filed for bankruptcy in 2004, and Avelate Automotive soon devolved into Avelate Coachworks, LLC. The company sold body kits for the Roadster and Split-Window variants. Arnold said their intent had been to build 100 cars per year, yet only 25 were produced during 2001, 2002 and 2003. Arnold blamed the economic downturn immediately following the September 11, 2001 terrorist attacks—and the inevitable delays and differences between clients' wishes and reality—for the downfall of the company. Unloved changes However, the Avelate may have fallen foul of one simple tenet among Corvette enthusiasts—wholesale changes from factory models are unforgivable. And changes that added to the price are liked even less. For example, the majority of Corvette purists gave the higher price tag of Corvette's own ZR-1—made from 1990 to 1995—the cold shoulder, and they didn't embrace the ZR-1's European-designed, overhead-cam V8 engine. Other Corvette customizers—from Eckler's to Callaway—have also felt the pinch of the recent economic downturn, despite their relatively longer histories in the Corvette and racing worlds. In the end, those who believed that any deviations from cars built in Corvette's Bowling Green plant were marquee transgressions were not about to pay even more for a modified car. Johnson and Arnold may have felt that their com- bined panache—along with their standing in the West Coast-based tradition of customizing cars—would give them a chance at making their small run. They were wrong. A glimpse of the future? Personally, I rather like the look of the 2002 Avelate Split-Window that sold at Auctions America's Fort Lauderdale sale for many of the reasons that encouraged both Arnold and Johnson to do what they did. The car might be a bit over the top, even by Corvette standards, but that is part of the appeal of these powerful machines. The unusual and attractive shade of light blue with a coordinating interior, along with a 6-speed manual transmission coupled to the LS1 engine, is compelling. All the styling details that went into this ill-fated tribute to almost every Corvette ever made still beg this question: Why did GM make the C5 such a plain-looking car? As a teachable moment for Corvette designers, showing them what the C5 could have been, this car was a very fair buy for a thoughtful collector—and it sold squarely in the middle of the estimate range. This car could even be considered slightly well bought, especially as the debut of the C7 generation Corvette nears. After all, that car is rumored to share many of the same styling cues Avelate produced more than a decade earlier. ■ (Introductory description courtesy of Auctions America by RM.) www.corvettemarket.com SPRING 2011 Corvette Market 31


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C6 profile by Mark Rudnick A Selection of C6s that sold recently on eBay 2008 Corvette ZHZ Coupe Most of these rental cars didn't lead easy lives. One driver sped out of control, hit eight parked cars and totaled the Hertz ZHZ Chassis Number: 1G1YY26W885135009 fastest automatic Corvette ever. This Corvette has the ZHZ GM-designed emblem, specific console armrest with G ZHZ embroidery, Hertz fender emblem and floor mat embroidery designed by GM. This car also has 18” chrome wheels, rear spoiler and underhood blanket with Corvette emblem. It is Velocity Yellow with a black racing stripe and black interior. The roof is removable for open-air driving. The car was delivered new and then stored. It has less than 100 original miles. An absolutely amazing car. CM Analysis This car, Lot 88, sold for $53,900, including buyer's premium, at the For the Corvette collector who values bold design, limited production, high per- Barrett-Jackson Palm Beach Auction on April 7, 2011. formance, pristine original condition and low mileage, this was the Corvette to take home from Barrett-Jackson's 2011 Palm Beach Auction. With less than 100 miles and in showroom condition, this 2008 ZHZ Corvette has the distinction of being one of two 2008 ZHZ coupes to have never entered the Hertz rental fleet. Hertz gave the only other non-rental 2008 ZHZ to pro golfer Paul Goydos, who sold it, with 726 miles, through Family Classic Cars of San Juan Capistrano, CA, in August 2009. 32 Corvette Market SPRING 2011 www.corvettemarket.com eneral Motors built only 500 of these 2008 Corvette ZHZs for the Hertz Corporation. It has the 6.2L V8 with the 6-speed paddle shift automatic transmission, along with the dual-mode exhaust that pushes output to 436 horsepower. GM rates the ZHZ as reaching 0-60 mph in 4.3 seconds, which makes it the Details Year Produced 2008 Number Produced 500 Original List Price $59,540 CM Valuation (average cars with miles) $34,200–$41,400 Tune-up $350 Distributor Cap N/A Chassis # Lower left windshield by pillar Engine # Pad forward of cylinder head on right side Club National Council of Corvette Clubs More www.corvettesnccc.org 2008 Corvette Z06, Alternatives 2006 Shelby Mustang GT-H, 2009 Corvette ZHZ convertible CM Investment Grade D Photos: Barrett-Jackson


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Digital Bonus CM The 2008 ZHZ coupe is an exclusive, limited-edition (500 examples), high-performance Corvette produced by General Motors in partnership with Hertz for the Hertz Fun Collection. With a 376-ci V8 engine producing 436 horsepower, the 2008 ZHZ Corvette coupe clearly offered the rental customer willing to pay a premium price ($170.49 per day) the thrill of high-performance driving. When you're behind the steering wheel of a 436-horse- power Corvette, it's not getting from point A to B that's memorable; it's the exhilaration of the drive which lets you know you're alive and forever young. The Corvette ZHZ features a distinctive look. It's fin- ished in Hertz's iconic yellow, with a bold center exterior black stripe, a rear spoiler and body-color door handles. The ZHZ features a 6-speed paddle-shift automatic transmission, dual-mode performance exhaust, magnetic selective ride control—with tour and sport settings—large, cross-drilled brake rotors and 18-inch front and 19-inch rear chrome performance wheels. The Hertz Corvette ZHZ production was limited to 500 coupes in 2008 and 375 convertibles in 2009. Ridden hard, put away wet Finding comparables to establish the market value of this Corvette is quite dif- ficult. The 2008 ZHZ Corvettes put into the Hertz rental fleet have little in common with the pristine 2008 ZHZ coupe Barrett-Jackson auctioned as Lot 88. A quick perusal of YouTube videos will show footage of rental customers driving 2008 ZHZ Corvettes very hard. These drivers were more interested in pushing the envelope than the long-term well being of the vehicle. There is the infamous story of the rental driver who sped out of control in a Philadelphia neighborhood in April 2009 and hit eight parked cars and totaled the ZHZ. Another renter in Dallas lost control and drove a ZHZ into a restaurant, and a driver in Utah drove his rented 2008 ZHZ into a ditch. While few of the rental ZHZ Corvettes actually experienced such a fate, very few— if any—completed their duty unblemished. A 2008 ZHZ coupe, with 4,847 miles and showing mild rental wear, drew a high bid of $54,000 without meeting the reserve at Worldwide Auctioneers' Hilton Head Sports and Classic Car Auction in November 2008. Our subject car, with less than 100 miles on the clock, sold for $53,900. What makes Lot 88 highly desirable to a collector is its uniqueness as a 2008 Hertz ZHZ coupe, its pristine condition and extremely low mileage. This is a Corvette destined to live its life in collections—and was very well bought. ■ (Introductory description courtesy of Barrett- Jackson.) www.corvettemarket.com SPRING 2011 Corvette Market 33


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Market Report Overview Spring Corvette Sales Hold Steady Corvette sales brought stable results, reflecting growth seen earlier in the year by Jim Pickering S pring is the perfect time to buy a classic Corvette, and there was a good variety to choose from at auction from February through the end of April. The market saw solid results throughout the first months of 2011, including at the Scottsdale auctions in January, and the same trends continued into early Spring. Sold prices on all generations of Corvette generally held firm to levels set earlier in the year. Corvette Market's analysts were on location from Worldwide Auctioneers' Atlantic City auction in February to our hometown Silver Portland auction in March, tracking options, conditions, and prices of America's sports car as it crossed the auction block. Barrett-Jackson's annual Palm Beach sale took place in Florida in early April, where this year, 378 of 432 cars traded hands for $15.8m. Those of you familiar with Barrett-Jackson may wonder why some cars didn't sell. As for the past six years, all lots have always been no reserve at all of B-J's auctions, meaning all lots to cross the block found new owners. This year, in an effort to cater to its customers and the greater market in general, Barrett-Jackson announced that it would allow a select number of reserve consignments in Palm Beach, including 18 of the 52 Corvettes on offer. Auction Analyst Dale Novak noted some confusion among the bidders surrounding the new process, and Barrett-Jackson noted much more interest in the no-reserve lots than in the reserve lots, which isn't surprising, as people generally come to Barrett-Jackson knowing all the lots on offer will be trading hands. Of the 52 Corvettes available, 38 sold for a combined total of just under $2.5m. This year's high seller Corvette was a brand new 2012 Z06 Special Edition that made $175,000 with all proceeds going to charity. Novak also noted a strong market for resto-mods here, including a 1959 convertible with an LS2 V8 that made $113,300. Late April saw CM 1–6 Scale Condition Rating: 1: National concours standard/perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts Auctions America by RM produce this year's Spring Carlisle auction in Carlisle, Pennsylvania, where 149 of 272 lots sold for a combined total of $2.7m. This year's event offered 31 Corvettes, and of them, 12 sold, including a 1964 327/375 Fuelie coupe that made high sale honors at $63,250. Auction Analyst Chip Lamb found more high-quality Corvettes on site than he'd seen since the last all-Corvette auction held during Corvettes at Carlisle several years ago, thanks in part to Auctions America by RM bringing new sellers to the area. The average price per Corvette was right around $30k each, and while that was not record-breaking, it was a good result for driver-quality classics, and quite a few of the Corvettes on offer fell into that category. The market continues to be relatively stable for Corvettes, and as we've seen for the better part of a year now, excellent cars are still in demand and still bring top prices. And although there were quite a few no-sales over the past few months, it's clear that the cash is there for the right Corvettes in the right condition.  Top Ten Sales This Issue 1. 1965 Corvette Bloomington Gold Benchmark 396/425 convertible, $199,280—Lot S65, p. 64 2. 1967 Corvette 427/435 convertible, $121,000—Lot 177, p. 68 3. 1959 Corvette Custom convertible, $113,300—Lot 660, p. 40 4. 1955 Corvette roadster, $104,500—Lot 113, p. 56 5. 1961 Corvette 283/315 Fuelie convertible, $101,200—Lot 69, p. 58 6. 1967 Corvette 427/400 convertible, $99,000—Lot 649.2, p. 42 7. 1966 Corvette 427/390 convertible, $96,800—Lot 650, p. 42 8. 1957 Corvette Fuelie 283/283 convertible, $95,700—Lot 657.1, p. 38 9. 1956 Corvette 265 convertible, $91,300—Lot 650.2, p. 38 10. 1958 Corvette Custom convertible, $89,100—Lot 652, p. 40 Best Buys 1. 1963 Corvette 327/360 coupe, $82,680—Lot F111.1, p. 62 2. 1967 Corvette 427/400 convertible, $99,000—Lot 649.2, p. 42 3. 1957 Corvette 283/245 convertible, $77,000—Lot 176, p. 56 4. 1980 Corvette 350/190 coupe, $12,600—Lot 157, p. 73 5. 1962 Corvette 327/360 convertible, $46,000—Lot 538, p. 58 34 Corvette Market SPRING 2011 www.corvettemarket.com


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Market Report Barrett-Jackson Palm Beach, FL 9th Annual Palm Beach Collector Car Auction Reserve and no reserve Corvettes crossed the block in Palm Beach, with 38 Corvettes bringing nearly $2.5m in sales Company Barrett-Jackson Date April 7-9, 201 Location Palm Beach, FL Auctioneers Assiter & Associates, Tom “Spanky” Assiter, lead auctioneer Overall lots sold/offered 378/432 Total sales rate 88% Sales total $15,836,365 Corvettes sold/offered 38/52 Corvette sales total $2,446,995 Corvette high sale 1967 Corvette 427/400 convertible, sold for $99,000 Report and photos by Dale Novak Market opinions in italics B arrett-Jackson is best known for its annual Scottsdale auction in January, where over a thousand cars cross the auction block each year. But for nearly a decade now, the company has also been traveling to Palm Beach in April, where it offers around 450 consignments at a much more laid-back pace. And although on the surface, the auction seemed to follow the same formula as in years past, this year marked a significant change for the company. Thanks to a number of requests from consignors looking for a safety net, for the first time in six years, a limited number of cars deemed to have a value of $50,000 or higher could be offered with an optional reserve at the owner's request. And of the 52 Corvettes available, 18 crossed the block under the new reserve system. All of the reserve cars were presented with Barrett-Jackson Corvette Totals $7m an announcement on the block that the auction company had the right to advance the bid on behalf of the seller. Despite some learningcurve glitches, Barrett-Jackson is on track with this new reserve system, and I believe the process will run smoothly at future events. The highest selling Corvette of this year's event was a 2012 Chevrolet Corvette Z06 Special Edition that was offered with proceeds to benefit the Austin Hatcher Foundation for Pediatric Cancer. It made $175,000. Up next was a 1959 Custom resto-mod Corvette in 36 Corvette Market SPRING 2011 www.corvettemarket.com $6m $5m $4m $3m $2m $1m 0 2012 Chevrolet Corvette Z06 Special Edition, sold at $175,000 Buyer's premium 10%, included in sold prices, waived on charity lots #2 condition that found a new home at $113,300. Third place was a #2- condition 1967 427/435 convertible, well bought at $99,000. A few other notables included a stunning award-win- ning 1955 Corvette dressed in Harvest Gold which went home with the seller as a no sale. The car was simply impeccable and noted as the best Corvette on offer for the weekend. A 1957 Big Brake Fuelie also hammered home for a respectable $95,700. According to Barrett-Jackson, 54,000 folks attended this year's auction, with 57% of the bidders fresh to the event. In addition, new bidders purchased 40% of the top-selling vehicles. And absentee bidding activity tripled, bringing in $926,500 of the total sales. But statistically, total sales fell from $20,074,505 in 2010 for 463 lots sold compared to $15,836,365 in 2011 for 378 lots sold (of 432 on offer). However, at the end of the day, it's hard to call $16m in sales anything but a success. The winter auction environment in Florida is cer- tainly heating up in most regards, with competition for consignments growing ever fiercer by the year. BarrettJackson is no newcomer here, and with the new reserve format working in their favor, I expect we'll be seeing more high-end Corvettes—both with and without reserves—here in the future. ■ 2007 2008 2009 2010 2011 2006 2005 2004 2003


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Market Report C1 roadster. #665.3-1955 CHEVROLET CORVETTE S/N VE55S001164. Blue/beige cloth/beige vinyl. Odo: 36,463 miles. 265-ci 195-hp V8, 4-bbl, auto. An older restoration which has aged since being put into storage 25 years ago. Matching numbers. Older lacquer paint shows much age and cracking. Weatherstripping in poor condition around trunk channel. Interior shows light use and age. Decent engine bay but shows deterioration from sitting idle. Cond: 3+. SOLD AT $85,800. Barrett-Jackson Palm Beach, FL fun with it and was ready to let it go. The market has spoken. #672-1959 CHEVROLET CORVETTE convertible. S/N J59S100549. White/blue vinyl. Odo: 31,755 miles. 283-ci 290-hp fuelinjected V8, 4-sp. A matching-numbers Fuelie, ing car, but those of us inclined to get up close and scrutinize found plenty of nits to pick. Black hides nothing, and bathing it in luxurious waxes and wet-looking glazes doesn't help. But it was displayed in a high profile area of the sale, and the owner made sure to be constantly available for questions at all times. For a very nice driver that will be great to own, a market-correct result. E56S001786. White/white fiberglass hard top/red vinyl. 265-ci V8, 4-bbl, auto. Reported as a total professional body-off restoration. Some orange peel noted in paint finish. Steering TOP 10 No. 9 wheel shows some light cracks. Last sold for $59,850 at McCormick's sale in Palm Springs, CA, on February 25, 2011 (CM# 177378). This go-around, we saw a much healthier number. There sure seem to be a bunch of Pennant Blue 1955s out there, but this seemed like a good original with a known history. A market price for the condition. #646-1956 CHEVROLET CORVETTE custom convertible. S/N E56S003282. Blue & white/white hard top/white leather. Odo: 14,414 miles. 5.7-L 345-hp fuel-injected V8, auto. Poorly prepped paint shows sanding marks. Repaired cracks visible along driver'sside wheelarch. Fender edge poorly repaired. Both doors out, trunk bowed along back edge. Scratch in windshield. Fitted with a smaller modern steering wheel. Well done engine bay, but shows age and use. Cond: 3. SOLD AT $85,800. Last seen right here at BarrettJackson's April 2010 Palm Beach sale, selling one owner since 1981. Some small masking issues. Paint touch-ups noted and some paint flaking off engine. Chrome and trim present well, but do show some scratches and a few small dents. Excellent gaps. Cracked and repaired panel over rear wheelarch. Some overly wavy body panels—more than normal for a Corvette. Hood filled with fisheyes and most likely was painted separately off the car. Cond: 3-. SOLD AT $85,800. Reported to have been the recipient of a Chapter Top Flight award in 2008 and carries documentation tracing back to the mid-1970s, which is pretty good. A magazine cover car as well. The 290-horse fuel-injected 283 was the big kahuna for 1959, and though straight-axle Corvettes seem to be somewhat stagnant in the market currently, I do believe we'll see them picking up steam in the near future. Looked like a fair deal given the overall condition. #642-1962 CHEVROLET CORVETTE convertible. Black/white S/N 20867S103613. Tuxedo vinyl/red vinyl. Odo: 49,709 miles. 327-ci 340-hp V8, 4-bbl, auto. Same owner since 1992. Upgraded 327/340 V8 replacement block with Borg Warner 4-speed. Orange peel noted, taillights pitted, engine bay shows use and is somewhat dirty overall. Interior very nice, but again, shows use and age. Very well presented but under closer inspection shows plenty of flaws. Cond: 3+. SOLD AT $58,300. This was a totally appeal- Gauges show some light pitting. Original 265 V8 matching-numbers engine, complete rebuilt transmission, all new original-type interior, glass, weatherstripping, chrome, and tires. Incorrect chrome valve covers. Overall, a very nice Corvette. Cond: 2. SOLD AT $91,300. #650.2-1956 CHEVROLET CORVETTE convertible. S/N ‘56 Corvettes remain under the radar, although I think they are significant: They had the thirdlowest production of all Corvettes, and they were the first Corvettes with Zora's DNA. He even set a speed record at the Flying Mile at Daytona Beach, hitting a staggering 150 mph in the newly designed body. From that day on, the Corvette was a sports car rather than a touring roadster. Great, I got that off my chest. This was a nice example with a single four up top and an automatic transmission. A fair deal for both buyer and seller. TOP 10 No. 8 #657.1-1957 CHEVROLET CORVETTE convertible. E57S102150. Red/beige S/N vinyl soft top/beige vinyl. 283-ci 283-hp fuel-injected for $82,500 (CM# 160145). One year and a few miles later, a near-identical result. Given the taxes, transportation, and consignment fees, I'd say the seller's checkbook took a hit, but not terribly so. Perhaps the seller had his 38 Corvette Market SPRING 2011 www.corvettemarket.com


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Market Report Barrett-Jackson Palm Beach, FL V8, auto. Light scratches on trim. Very nice presentation overall. Interior shows light wear and use. Reportedly a Big-Brake model with heavy suspension and fuel injection. Engine bay not totally fresh, but still presents well, exhaust manifolds show surface pitting and rust. Fitted with ignition shielding which may not be correct for a radio-delete edition. Dog dish hubcaps. Cond: 2. SOLD AT $95,700. I had a nice chat with a representative from NCRS about this car. Both of us felt that raceprepped radio-delete cars usually didn't have the ignition shielding, since the main purpose was for radio noise suppression. No radio, no need for the shielding. All in all, very nice car. Seems well bought for the rarity. TOP 10 No. 3 #660-1959 CHEVROLET COR- VETTE custom convertible. S/N J59S108715. Silver/red leather. Odo: 22,253 miles. 6.0-L 440-hp fuel-injected V8, manual. Resto-mod configuration. Very nice gaps with good tolerances overall. Chrome presents as near show-quality, or perhaps just a notch below. Small cracks noted in fiberglass. Odd shape to body on passenger's side, which is hard to describe. Strange vertical seam on both fenders follows the wheelarches. Interior #365.2-1965 CHEVROLET CORVETTE convertible. S/N 194675S100688. Blue/white vinyl/blue vinyl. Odo: 50,023 miles. 327-ci 350-hp V8, 4-bbl, auto. “Correct block” suggests that engine has been replaced. Cloudy paint with some small bubbles, fisheyes, and small blisters noted. Chrome and trim scratched with a few light dents. Headlamp gaps tight. Gauges are faded and look weathered. Hurst shifter fitted. Rattle-can paintwork under the hood, partial ignition shielding in place, incorrect aluminum-painted intake. Factory a/c. Cond: 3-. SOLD AT $53,900. The seller pre- wires, and used-looking transmission could be polished better. Stated to have about 6,000 miles on build. Shows wear and use. Cond: 2-. SOLD AT $89,100. Resto-mods, or “restored modern” Corvettes are totally market-driven machines. In general, the better the build, the more bucks it will bring. Engine choice is important as well, as are colors and modern-day options. This was a nice '58, and most of the work was well done, but the the color was definitely love-it-or-hate-it. The transmission stuck out in the engine bay and just looked like an old used casing. No harm done at this price. C2 #675.1-1965 CHEVROLET CORVETTE convertible. S/N 194675S109795. Black/red leather. 327-ci 365-hp V8, 4-bbl, 4-sp. nearly as-new, showing just light use. Fitted with Autometer gauges and a Hurst shifter. Custom suspension. Cond: 2. SOLD AT $113,300. Not sure what happened to the body, but something was amiss. Although the seams didn't jump out at you immediately, the new owner will definitely notice when he gets the car home. Overall, nicely done with a modern suspension and a new LS2 440-horse engine. About the going rate for a well done resto-mod ‘59. TOP 10 No. 10 #652-1958 CHEVROLET COR- VETTE custom convertible. S/N F58B172619. Turquoise/turquoise fi- berglass hard top/white leather. Odo: 6,011 miles. 5.7-L 350-hp fuel-injected V8, 6-sp. Custom box chassis with complete C4 Corvette suspension and brakes, 17-inch American Racing Torq Thrust wheels. Fitted with 6-speed manual transmission, polished power brakes, power steering, a/c, power windows, and AM/FM/CD stereo. Passenger's door sits wide. Engine bay nice, but has some loose 40 Corvette Market SPRING 2011 www.corvettemarket.com The main issue, which raised a few eyebrows, was the “non-GM issued VIN plate” declared on the car card, which might have meant that the car had been stolen, damaged, or salvaged—for whatever reason, the original VIN was gone. Protect-O-Plate confirmed the matching numbers, which helped, but I'm sure the replacement VIN had a few guys sitting on their hands. Still, for a very nice driver, a fair deal for all. Matching numbers, nut-and-bolt restoration in 2002, rare color combination of Tuxedo Black and red leather interior. Plenty of microblisters noted in paintwork. Rear bumper shows light scratches. Interior shows light use and age. Equipped with knockoff wheels, off-road exhaust, teak steering wheel, and power brakes. Non-GM issued VIN plate. Cond: 3+. SOLD AT $56,100. This was reported to have been restored in 2002 and now was unwinding a bit. sented the car as an L79 327/350, but it's hard to say if it was born that way or not. The factory a/c was a nice option, but I doubt that it will ever really be used, as these usually end up just being fair-weather drivers taken out for the occasional spin. That all said, this was a decent driver to use and enjoy, as it was already well broken in for the new owner. Well sold. #665.1-1966 CHEVROLET CORVETTE convertible. S/N 194676S102267. White/red vinyl soft top/red & gray vinyl. miles. 427-ci 425-hp V8, 4-bbl, 4-sp. Complete frame-off restoration completed August, 2010, NCRS Chapter Top Flight Award August 13-14, 2010, scoring 98.2. Original lacquer paint showing some blemishes due to prep. Some dry spray and light cracking noted. Body less then perfect. Interior tight and well done. Engine bay presents very well, has correct date-coded restoration engine to NCRS standards. A correct presentation. Cond: 2-. SOLD AT $83,600. If you came to Barrett-Jackson this year, there were plenty of big-block Corvettes to choose from. This was a nice example with a non


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Market Report Barrett-Jackson Palm Beach, FL original but correct date-coded block, which is about as good as it will get for a replacement engine other than a counter exchange block from an early warranty claim. Nice overall with not a whole lot to pick on. Bid was about right for the condition and non-original engine. #679-1966 CHEVROLET CORVETTE convertible. S/N 194376S112963. Trophy Blue/black leather. Odo: 83,537 miles. 427-ci 425-hp V8, 4-bbl, 4-sp. An older restoration. Paint on weatherstripping, which does not inspire confidence. Cracks in body in various areas. Interior shows age and use but still presents well. Matching-numbers L72 big-block and M21 4-speed transmission. Equipped with cast aluminum wheels with Goldline tires and teak steering wheel. Cond: 3. SOLD AT $61,600. This was one of those cars that looks smashing as you walk up to it but begins to hard to see. Chrome and trim in good condition, very presentable. Doors are tight. Top lightly soiled. Interior looks very nice, tight, clean, and only showing modest wear. Nice, authentic-looking engine bay. Cond: 2-. SOLD AT $85,800. The thing I really liked about this car was the honest description. The seller really seemed to care about the car. It had obviously been driven, and featured some small modifications for reliability's sake, such as an HEI ignition, larger radiator, and taller gear ratio for highway driving. Parts to return the car back to stock were included. This was one of the Corvettes labeled with the 450-horse sticker. Well bought. #662.1-1967 CHEVROLET CORVETTE convertible. S/N 194377S118266. Rally Red/red leather. Odo: 89,438 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Reported to have been restored in 1997 and 2008. Earned NCRS Top Flight in 1997 and Second Flight in 2009. Trim tag has been changed. Some small cracks noted in body. Lacquer paint shows sanding marks and other small prep issues. Engine bay very nice and presents well. Upgraded date code-correct aluminum heads, Muncie M22, Redlines, Rally wheels, sidepipes and AM/FM radio. Nice presentation. Cond: 2. SOLD AT window sticker and Protect-O-Plate. Plenty of needs, but the documentation is very good. Cond: 4+. SOLD AT $42,900. 1967s are the most sought-after of all mid-years (along with Split-Window coupes) but this one was a bit rough around the edges, although it probably could have climbed up to a #3- with some additional detailing. Winning bid was bit spendy for the condition. TOP 10 No. 7 #650-1966 CHEVROLET VETTE convertible. CORS/N 194676S122936. Blue/white unwind as soon as you get out your inspection sheet. It had good documented history back to about 1984 but no important documentation to verify the build. But all the experts gathered around it said it was the real deal and I would agree with that assessment. It had a great color, but the quality negated any warm, fuzzy feeling. Still, if you wanted an honest driver, this was one to own. Well bought. #658.2-1966 CHEVROLET CORVETTE convertible. S/N 194676S103666. Red/white vinyl/red vinyl. Odo: 5,467 miles. 427-ci 450hp V8, 4-bbl, 4-sp. Claimed matching numbers. Formerly on display at Museum in Bowling Green, vinyl/white leather. Odo: 66,089 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Small cracks noted in body with some seams showing. Driver's door out, both headlamp gaps look good. Well done interior looks tight and clean. Seats do show some cracking and wear, however. Factory headrests. Clean under the hood with paint dabs added, overall very nice. No mention of matching numbers, but very well documented. With hard top, factory a/c, and appealing col- the Corvette Kentucky. Regional NCRS Top Flight recipient in 1992. Small fisheyes, blemishes, and sanding marks in paint and prep, small crack in nose, which is $73,700. Last seen at Barrett-Jackson's sale in Palm Beach on April 1, 2010, selling for $93,500 (CM# 160132). Today that number has fallen to $73,700, which is a fairly substantial difference, especially adding in the cost of consignment, commission, transport, etc. That said, the condition had fallen off slightly, so the reduced bid may have been warranted, Plus, the replaced trim tag will always raise a few questions. If you could live with the trim tag issue, this was very well bought. #364-1967 CHEVROLET CORVETTE convertible. S/N 194677S122878. Burgundy/white vinyl. Odo: 30,173 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Numbersmatching. Debris in paint, some masking issues noted, along with some orange peel. Decent gaps, about as good as factory. Driverquality chrome and trim shows a few small dents. Taillights pitted. Interior faded and somewhat soiled, with wear on soft surfaces. Complete with the numbers-matching engine, factory hard top, power steering, and original 42 Corvette Market SPRING 2011 www.corvettemarket.com ors. A well kept driver. Cond: 2-. SOLD AT $96,800. This was a nice, well presented bigblock in a great color combination. Lots of documentation came with the car, such as the original MSO, bill of sale, copy of second owner bill of sale, and Protect-O-Plate. No mention of the engine being original to the car, so let's presume not. Lots of great options. Slightly well bought. TOP 10 No. 6 Best Buy #649.2-1967 CHEVROLET CORVETTE convertible. S/N 194677S104745. Red/black leather. Odo: 34,508 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Light scratches on trim. Seats show wear, especially at driver's seat base. Non-original engine has been re-stamped to match VIN, and all date codes are correct. Intake manifold fuel


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Market Report Barrett-Jackson Palm Beach, FL stained. Engine bay looks very nice, but not show quality. Equipped with optional 4-speed transmission, a/c, power steering, power vinyl soft top/black leather. Odo: 88,881 miles. 427-ci 400-hp V8, 4-bbl, 4-sp. Matching numbers. Engine upgraded to L88 status. Paint touch-ups noted along with some fisheyes and prep issues. Chrome and trim nice but average. Excellent gaps. Interior presents well as a nice driver. Some cracking noted on hard plastic C4 #330.1-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J8L5801929. Red/red leather. Odo: 10,652 miles. 350-ci 375-hp fuel-injected V8, 6-sp. An originalmiles ZR-1. Has some small chips in paint and a few dimples, too. Large bubble noted in headlamp. Driver's side glass shows some light scratches. Interior and engine bay present well but show use. Cracked seat leather. Both brakes, power windows, leather seats, headrests, factory hard top, side exhaust, and AM/ FM radio. Cond: 2-. SOLD AT $99,000. An $85,000 no-sale three days earlier in neighboring Ft. Lauderdale at the Auctions America by RM sale on March 4, 2011 (CM# 169122). If you're going with a big-block, the a/c is sure nice to have (plus it adds a nice bump to the value). You may never use it, but I've seen more than one guy blasting it with the top down to help keep his feet from cooking. This one was loaded with other options, too, which may or may not have been part of the original build, but would still be nice to have. With all the options, well bought. C3 #348-1968 CHEVROLET CORVETTE coupe. S/N 194378S416314. White/black vinyl. Odo: 75,477 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Paint reportedly original, hood brush painted along edges, masking issues noted in touched-up areas. Bulge in driver's quarter-panel. Gaps mostly good, passenger's door tight. Newer bumpers. Crossed flag emblem is well worn. Dirty interior, but not so bad that it's a beater. Said to have been purchased from the original owner in 1996. Cond: 3-. surfaces. Engine bay very nice, but again, not detailed to show-level. Cond: 3. SOLD AT $43,450. Sold recently for $28,612 in Palm Springs at McCormick's February 2011 sale (CM# 177362). This was a decent example of the 427/400 in a convertible. The engine numbers matched, and the owner had rebuilt the engine to L88 specs so it should be a genuine street bruiser. The car card described the paint as “show quality,” which is a somewhat nebulous claim, since it could mean nothing more than winning a trophy at the local Saturday night burger joint. Based solely on condition, I'll call this one slightly well sold. #352.2-1968 CHEVROLET CORVETTE convertible. S/N 194678S409646. Black/black vinyl soft top/black vinyl. Odo: 79,139 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Numbersmatching engine, miles stated to be actual. painted and glass tops included. Cond: 3. SOLD AT $22,000. C4s continue to be great buys in my book, as you can find low mileage examples, such as this one, and get a reasonable amount of performance for not a lot of money. Despite having less than 11,000 miles on the clock, this was really nothing more than a nice driver, but considering that the cars were over $60k when new, I'll call it well bought. See profile on p. 28. #21-1991 CHEVROLET CORVETTE convertible. S/N 1G1YY3382M5111438. White/red leather. Odo: 38,998 miles. 350-ci 245-hp fuel-injected V8, auto. Factory-original paint, but nose looks to have been resprayed. Trim a bit faded and has some light scratches. Cracked and splitting weatherstripping. Some dye work showing on interior. Seats worn and look to be about on the same page as the mileage. Engine bay in good shape for the age and SOLD AT $30,800. The paintwork noted would be OK for a Survivor-type Corvette, but I still think the car could have been better detailed and presented. The big thing it had going for it was the quantity of documentation. I hope the new owner keeps it just the way it is and enjoys it. A fair deal for both parties. #637.2-1968 CHEVROLET CORVETTE convertible. S/N 194678S418280. Red/white 44 Corvette Market SPRING 2011 www.corvettemarket.com Fisheyes and dirt noted in paint, chip on driver's door. Windshield delaminating. Pitting on windshield frame. Interior is worn, but not beat to death. A driver. Cond: 3+. SOLD AT $31,350. Last seen at Auctions America's Raleigh Classic on December 3, 2010, as a nosale at $29,000 (CM# 168447). The car card stated the car was fully documented, with matching numbers, three owners, and 4-speed, but that all said, it was basically just a driver. The paint and body were in decent shape, but the interior was somewhat tired. It should be an easy car to spruce up. For a black convertible that's useable as it is, I'd call this a fair deal for both the buyer and seller. miles. Light curb rash on wheels. A driver. Cond: 3. SOLD AT $17,325. Another C4 with fairly low miles for the year. In good-but-notstellar shape, it showed well as a nicely preserved driver. The resprayed nose is very common, as that's where all the road rash occurs. This would be a great car to drive and enjoy. Use will bring down the value a tad but still, that's what it was meant for: driving. It's a convertible and a Corvette. No harm done. ■


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Market Report Auctions America by RM Carlisle, PA Spring Carlisle Auction Auctions America brought new clientele to Carlisle, and they offered more good Corvettes than I've seen since the last Corvettes at Carlisle auction Company Auctions America by RM Date April 28-30, 2011 Location Carlisle, PA Auctioneers Jeffrey Knosp and Brent Earlywine Overall lots sold/offered 149/272 Total sales rate 55% Sales total $2,727,594 Corvettes sold/offered 12/31 Corvette sales total $351,890 1978 Corvette 25th Anniversary Pace Car coupe, sold for $14,575 Report and photos by Chip Lamb Market opinions in italics across the street, it was always clear that the main activity of the Carlisle weekend was the vendor's tents and parts, rather than cars crossing the auction block. But that changed this year. RM subsidiary Auctions America took over the former Kruse auction park and I fairgrounds in Auburn, Indiana last year. And with all that space now available, RM turned to Carlisle Events to help them run swapmeets on the new property. An agreement was reached in which Carlisle would run Auctions America's Auburn swap meets, while Auctions America would take over the responsibilities for Carlisle's twice-annual Expo Center auctions. This event was the first of these new Auctions America by RM-run auctions. Having talked extensively with those Carlisle Corvette Totals who have bought, sold and consigned at past Carlisle auctions, I have to give the event run by Auctions America two thumbs up. They are an auction company first and foremost, and their entire focus was on getting more and better consignments here, as well as a higher number of qualified bidders into the room. Yes, they doubled the buyer's premium and nearly doubled the seller's fees as well, but that simply solidified that this event was here to do business, rather than serve as a curiosity for swapmeet goers across the street. And while the overall feel was quite a bit different than the smaller family atmosphere this auc- 46 Corvette Market SPRING 2011 www.corvettemarket.com $600k $500k $400k $300k $200k $100k 0 f you were in Pennsylvania during the last week in April, and were thinking about buying a Corvette, the newly-reconstituted Spring Carlisle Auction certainly had something for you. In the past, while always an entertaining adjunct to the swapmeet taking place Corvette high sale 1964 Corvette 327/375 Fuelie coupe, sold at $63,250 Buyer's premium tion used to have, overall, the changes made did not adversely affect the overall results. And they offered more very good quality Corvettes than I have seen since the last Corvette-only sale held a few years ago during Corvettes at Carlisle. Spread out for the first time over three days, the flow 10%, included in sold prices of cars and people was palpable. Among Corvettes, high-sale honors went to the 2nd-highest result of the entire auction, a numbers-matching red 1964 fuel-injected 327/375 coupe that appeared very authentic down to its spinner wheel covers, bringing in $63,250. A two-top 427/435 1968 convertible in LeMans Blue made second not far behind at $59,950, while a very appealing 1958 resto-mod in turquoise over white did a very respectable $42,900. Notable no-sales included Carlisle director Lance Miller's personal 2009 ZR1 that failed to sell past $76,000, a somewhat-needy 1961 convertible at a high bid of $46,000, and a nice triple-black 1965 327/350 ragtop that ran twice and never managed to receive bids beyond $44,000. While the Corvette sales here on this occasion did not burn any barns down, the results were solid, with 12 cars selling for $351k, or about $30k per car. On a more general note, the auction in general had an average selling price approaching $20,000 and final results of 55%, all of which suggests that even under new management, Carlisle's auctions are still a great place to go for buyers in the market for affordable classics. ■ 2006 2007 2008 2009 2010 2011


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Market Report C1 #603-1958 CHEVROLET CORVETTE custom convertible. S/N J58S112956. Turquoise & white/black cloth/white leather with turquoise piping. Odo: 24,356 miles. 350ci V8, 4-bbl, 4-sp. Older high-quality paint and body restoration. Good gaps, fit, and finish throughout, though showing some age. Chrome and brightwork redone, but brightwork pitted in places. Custom leather interior tastefully done and shows light wear from use. Crate 350 small-block sports “Racing Head Service, Auctions America by RM Carlisle, PA was just a ho-hum example. That all said, the high bid should have been just about sufficient here. C2 #565-1964 CHEVROLET CORVETTE convertible. S/N 40867S107682. Riverside Red/white vinyl/white vinyl. Odo: 40,340 miles. High-quality older restoration well-preserved, some light sub-finish prep issues on doors leave them a bit wavier than most. Uniform finish otherwise throughout excellent. Chrome and brightwork still very good throughout. Interior presents well and remains fresh. Spinner wheel covers a nice and correct look. Engine bay tidy, detailing not fresh but 148 on Thursday before a re-run on Friday to this amount. Personally, an L79 car in this condition with all the right stuff appeals to me as the ultimate C2 driver, but the bidders here held back. #573-1966 CHEVROLET CORVETTE coupe. S/N 194376S108261. Rally Red/black leather. Odo: 82,074 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Older frame-off restoration appears to have been done over a long period of time. Body fit and finish excellent, with no apparent flaws. Chrome and brightwork may be original if not redone a while back, window trims especially dull and lightly dinged. Leather interior plush, very tidy and present- Memphis, TN” decals on valve covers. Edelbrock intake, carburetor, and performance headers. Cond: 2-. SOLD AT $42,900. An early Corvette resto-mod, this was very appealing as a driver, but would still impress onlookers at the local cruise-in nights, given the good preservation of its cosmetics. It ran late in the sale on the final night, but still managed to find a new home at a not-unreasonable number. Well bought and sold alike. #584-1961 CHEVROLET CORVETTE convertible. S/N 10867S102262. White & silver/white vinyl/red miles. 283-ci 245-hp vinyl. Odo: 52,859 V8, 2x4-bbl, 4-sp. Claimed original, aside from a very recent and high-quality repaint. Gaps tighter and more even than factory throughout. Chrome and brightwork largely original and of far lesser quality. Newer white top. Interior redone at some point in the past and presents well, apart from steering wheel wear and light cracking. Engine compartment undetailed and exhibits clean, more recent Interstate battery, power brake booster and master cylinder. Cond: 2. SOLD AT $63,250. A very honest car throughout, the stigma of 1964 was broken here by this aspect along with the high-output Fuelie engine residing under the hood. The right colors, the right presentation and the right price, achieved quickly after the car left the block unsold. Well bought and sold. #377-1965 CHEVROLET CORVETTE convertible. S/N 194675S113650. Tuxedo Black/white vinyl/black leather. Odo: 61,143 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Good fit and finish, older restoration well-preserved throughout. Some light prep issues and orange peel do not overly detract. Older or original chrome and brightwork ranges from acceptable to needy, chrome wiper arms being the worst. Sumptuous if a bit odd-smelling black leather interior further accented by teakwood wheel and an AM/FM radio. Engine compartment able, wood steering wheel adds to the appeal. Engine bay detailed in the past and could stand freshening. Cond: 2. SOLD AT $34,100. Not particularly well-optioned, this small-block coupe still had a lot of eye appeal, as well as the desirable leather interior and 4-speed M20 manual transmission. More than a driver, but more than a few weekends away from the show circuit, the selling price was still something of a minor deal. Slightly well bought. C3 #607-1968 CHEVROLET CORVETTE convertible. S/N 194678S403786. LeMans Blue/white vinyl/blue vinyl. Odo: 80,091 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. High quality body-off restoration. Well preserved 25-year-old finish has the right look with only minor flaws. Chrome and brightwork uniform throughout and much fresher, along with most trim items. Interior tidy and well detailed. dust from the body shop as well as other agerelated issues. Cond: 3+. NOT SOLD AT $46,000. The engine was claimed to be “matching-numbers” but the stamping was not original to the block nor of correct syntax. This car had excellent bodywork, but underneath, it 48 Corvette Market SPRING 2011 www.corvettemarket.com clean, correct, and not terribly unwound. Cond: 2. NOT SOLD AT $44,000. Nobody liked this car enough, twice—it ran unsuccessfully as lot Correct-look bias-ply tires. Engine compartment comprehensively detailed. Fitted with both hard and soft tops. Cond: 2. SOLD AT $59,950. The long-term owner of this car


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Market Report Auctions America by RM Carlisle, PA elected not to re-repaint when it underwent restoration, and to my mind he made the right choice. A professional painter could no doubt deal with a few of the extra warts and then buff the car carefully to a uniform and more flawless shine. I'm surprised this sold here, as excuses like this aren't for everyone, particularly at this sort of price point. #581-1968 CHEVROLET CORVETTE convertible. S/N 194678S407805. Rally Red/tan vinyl/black vinyl. Odo: 75,270 miles. 454-ci 365-hp V8, 4-bbl, 4-sp. Older finish exhibits plenty of light runs and chips. Panel gaps fit tight all around. Driver's door glass fits poorly to top. Chrome and brightwork possibly original, bumpers likely replated. Interior tidy and well preserved following refurbishment. Short Hurst shifter may be period. Driver- cheap aftermarket steering wheel could have even hurt this worse, as it looked like something from a chain auto parts store. To each his own, but the bidders seemed to agree with me and held back. #153-1970 CHEVROLET CORVETTE LT1 coupe. S/N 194370S413145. Donnybrook Green/saddle leather. Odo: 4,286 miles. 350-ci 370-hp V8, 4-bbl, 4-sp. Non-original motor. Repair or defect visible beneath high-quality finish in right-front fender section of front clip. Body gaps factory or better, finish comprehensive and likewise. Chrome and brightwork uniformly restored, including oft-neglected luggage rack on rear deck. Excellent tan leather interior complements a crisp dashboard and center console. Engine compartment correct meaner-than-factory stance. Interior redone, aftermarket gauges, stereo, and steering wheel look different. Highly detailed engine compartment has lots of add-on chrome and performance parts. Cond: 2-. NOT SOLD AT $20,500. Interesting but not unappealing to bidders. This high-output resto-mod caught the crowd either snoozing or not particularly interested. Certainly not a car for everyone here, but the high bid was disappointing given the quality of the work. #360-1974 CHEVROLET CORVETTE coupe. S/N 1Z37Z4S412694. White/tan vinyl. Odo: 51,170 miles. 454-ci 270-hp V8, 4-bbl, 4-sp. Fresher white paint appears to have been applied with body and trim on. Driver-quality panel fit. Brightwork largely original and dull. Tan seats decent, console a bit scruffy. Engine bay detailed, engine repainted and dressed up with chrome valve covers and factory a/c. quality engine compartment detailed with a chrome dress-up kit and aluminum radiator. Cond: 3. NOT SOLD AT $20,000. A bit tiredlooking overall, with not a few items to correct before one could properly enjoy it. I'm sure it's plenty quick with the 454 (It was an original 427/390 car, according to the seller), but as presented here, it was just a mediocre driver. High bid was light, but not by much. #595-1969 CHEVROLET CORVETTE convertible. S/N 194679S704543. Daytona Yellow/black vinyl/black vinyl. Odo: 37,459 miles. 427-ci 390-hp V8, 4-bbl, auto. Light aging and detailing marks do not overly detract from a straight and very high quality restoration. Good gaps and panel fit. Chrome and brightwork redone but lightly marked from installation. Interior very tidy, smaller-diameter aftermarket steering wheel detracts from the presentation. Engine bay sports chrome dress- down to smog equipment, although last detailing was some time ago and not to modern expectations. Cond: 2. SOLD AT $38,500. For the uninitiated, Donnybrook Green is a bilious shade synonymous with this era of American car. But it was factory original here, as was the rest of this rare and documented GM of Canada LT1. The M20 4-speed and Positraction rear end were original to it, even if the engine was not, and the car was further well-optioned with power brakes, power steering, AM/FM stereo, and more. Slightly well bought. #531-1972 CHEVROLET CORVETTE custom convertible. S/N 1Z67K2S519477. Targa Blue Metallic/white vinyl/blue vinyl & cloth. Odo: 100 miles. 350-ci V8, 4-bbl, 4-sp. Heavily modified car shows well, with high quality finish and factory gaps. Repainted in its original shade of blue. Has some newer chrome, but original brightwork not well detailed. Large side pipes, racing fuel filler, and American Racing Torq Thrust mags give it a Cond: 3. SOLD AT $14,740. The last year for big-block Corvettes. Even the 454s were pretty well choked off for emissions by 1974. This unfortunately was just a car with an engine dress-up kit, and the 4-speed manual did little to enthuse the crowd. Price was correct. #337-1978 CHEVROLET CORVETTE 25th Anniversary Pace Car coupe. S/N 1Z8748S900742 Black/silver/mirror glass ttops/silver leather. Odo: 69,478 miles. Great newer black finish over original silver finish along lower sides. Emblems sharp, good trim. Interior original and somewhat weaker, though some careful cleaning would do wonders. Engine and valve covers repainted, all else tidy but original and in slightly better than driver- up kit, very clean and detailed otherwise correct. Cond: 2+. NOT SOLD AT $35,000. A great look and good assembly, but no paperwork or claims of matching numbers. The 50 Corvette Market SPRING 2011 www.corvettemarket.com quality condition. Cond: 2-. SOLD AT $14,575. 69k is relatively high miles for one of


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these, considering most were bought as instant collectibles and put away. This one was an automatic, but it had the L82 rather than a L48. A great driver example and one that can be driven for not a lot of money. Slightly well bought. #412-1982 CHEVROLET CORVETTE coupe. S/N 1G1AY8783C5124318. Red/mirror glass t-tops/tan vinyl. Odo: 3,685 miles. 350-ci 200-hp fuel-injected V8, auto. Only evidence of very high quality repaint is light overspray on hood hinges. Bumpers have normal discoloration and appear to be wearing the original finish. Trim and badges in good original condition. Tan vinyl interior a bit of a letdown. Engine compartment shows corrosion from condition most of these are in. This was a relatively guilt-free driver, even though it would qualify in most aspects as a very honest Survivor. High bid was light, but not by too much. C4 #618-1987 CHEVROLET CORVETTE convertible. S/N 1G1YY3184H5109926. Red/white vinyl/red leather. Odo: 36,038 miles. 350-ci 240-hp fuel-injected V8, auto. Clean original finish, apart from possible retouched bumper and mirrors. Still shows well with only light discoloration and scratches. Original top remains presentable. Windshield replaced with aftermarket glass. Interior fatigued, very dry with light cracks in driver's seat perforated leather. Weatherstripping around doors crackly. Aftermarket exhaust a bit large. Engine compartment undetailed but hole. Cond: 3+. SOLD AT $16,500. As ZR-1s go, this was one tired old war horse. Lowermileage examples fetching about the same money from the first year of production, and far better cars out there for not much more. Considering the mileage, condition, and modifications, this was well sold. #342-1993 CHEVROLET CORVETTE 40th Anniversary coupe. S/N 1G1YY23P9P5102323. Ruby Red Metallic/Ruby Red leather. Odo: 20,620 miles. 350-ci 300-hp fuel-injected V8, auto. Claimed to wear original finish, but some light touchups probable. Light scuffs to finish and trim, rims lightly curb-marked, original tires do not look like 20,000 miles of wear. Interior tidy, all leather is a bit dry. Engine compartment well long storage. Cond: 2-. NOT SOLD AT $16,500. With paperwork in the windshield including the original build sheet and window sticker, this was interesting, but on careful examination, there were too many questions about its past. Running very late on the second day of the sale, interest from bidders was minimal. Collector #166-1982 CHEVROLET CORVETTE Edition coupe. 1G1AY0785C5104511. Champagne S/N & brown/bronze glass t-tops/champagne & brown leather. Odo: 42,676 miles. 350-ci 200hp fuel-injected V8, auto. Original finish thin in places, light scratches and scuffs from repeated polishing evident. Brown accent fade on hood better than most for being original. However, a few chips detract somewhat. Interior tidy and a bit dry, carpet faded. Side clean, with some recent maintenance evident. Cond: 3+. NOT SOLD AT $10,000. This car ran twice, once early on Friday as lot 322, and then again late on Saturday as lot 618. The consignor wanted a bit more than the crowd here—let alone the wider marketplace—was interested in paying for a low mileage driver. The high bid on Saturday was generous for running that late in the overall sale. #604-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J8L5802207. Tuxedo Black/black glass/black leather. Odo: 86,585 miles. 350-ci 375-hp fuel-injected V8, 6-sp. Heavy black respray still very uniform throughout and without major flaws. Serious windshield delamination along top edge. '94'95 A-Mold wheels nicely chromed without any real rash. Seats original and dry with heavy patina and a broken switch on driver's bolster. detailed, though accessory components sport light corrosion. Aftermarket exhaust sounds good. Cond: 2-. SOLD AT $14,850. This car was upstaged by by lot 546, which had more miles but was an altogether nicer example. A fresher detailing might present some upside, but the color will remain a bit of a tough sell. The price paid was enough for a 40th Anniversary car of this quality. #546-1993 CHEVROLET CORVETTE 40th Anniversary coupe. S/N 1G1YY23P8P5104256. Ruby Red Metallic/Ruby Red leather. Odo: 59,346 miles. 350-ci 300-hp fuel-injected V8, auto. Stunning original paint or a concours-quality comprehensive respray, exhibits no evident flaws. Side and rear windows tinted. Factory alloys flawless and chromed, then topped off with correct and rear glass tinted 30%-40%. Wheels not marked, but finish aged and lightly corroded. Engine compartment original and exhibits age, yet shows recent attention. Cond: 2-. NOT SOLD AT $12,000. About average if not slightly below the curve compared with the Aftermarket stereo installation poorly done, subwoofers in rear similar. Engine top surfaces refinished and darker than factory, aftermarket induction setup pulls from front license plate 40th Anniversary center caps. Interior presents as perfect apart from slightly dry leather and minor scuffing to driver's seat. Engine compartment clean and highly detailed. Cond: 2+. NOT SOLD AT $12,000. This car crossed the block on a previous day (as lot 385) to approximately the same result. Compared with www.corvettemarket.com SPRING 2011 Corvette Market 51


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Market Report Auctions America by RM Carlisle, PA lot 342, another Anniversary car in Ruby Red Metallic, this was the much better car, regardless of its higher mileage. Those miles were obviously very carefully acquired, and if the finish was original, this was indeed an exceptional car. As I could find no evidence of masking, I suspect that was the case. #539-1996 CHEVROLET CORVETTE Grand Sport convertible. S/N 1G1YY3258T5600612. Admiral Blue Metallic & white/white vinyl/black leather. Odo: 1,352 miles. 350-ci 330-hp fuel-injected V8, 6-sp. An impressively original car throughout. Paint finish and decals unmarred with no evidence of the time passed. Top likewise without fault. Interior slightly dry with only the lightest signs of entry wear. Engine compartment covered in a light dust over an older detailing. Cond: 1-. with all the handling goodies, LT4, and 6-speed manual powertrain, these are still worth more in as-new condition. C5 #309-1998 CHEVROLET CORVETTE convertible. S/N 1G1YY32G5W5107010. Red, white & blue/black cloth/red leather. Odo: 63,227 miles. 5.7-L 345-hp fuel-injected V8, auto. Highly-detailed custom paint finish for stillborn film “Captain Quick” depicts an eagle in attack mode along both doors with an American flag motif background. Interior and top show more wear than normal for age and black/black leather. Odo: 8,916 miles. 5.7-L 345-hp fuel-injected V8, auto. Original finish exhibits light crazing to front of spoiler, small stress cracks in driver's door, and light loss to graphics on front of hood. More than the expected wear to driver's seat, leather somewhat dry. Rear compartment houses numerous electronics and original racing harnesses from its NOT SOLD AT $35,000. By mid-day Friday, this Grand Sport still bore the signs of Wednesday night's heavy rains and wind, covered in flower petals and water spots. It was easy enough to see through this for what a good car it was, but even after being wiped off on Saturday, it failed to find any interest beyond the high bid amount. One of the final C4s mileage. Engine compartment tidy and recently detailed. Cond: 2-. NOT SOLD AT $17,000. I think this eyesore of an early C5 is going have a very limited appeal, even among reasonably patriotic Corvette fans, and a quick Google search for the movie title yielded exactly zero results. High bid seemed generous. #582-2000 CHEVROLET CORVETTE Indy Racing League Rolex Pace Car coupe. S/N 1G1YY22G2Y5110900. Yellow, white & official duties. Engine bay not detailed but clean, nonetheless. Cond: 2. NOT SOLD AT $21,000. The pace car from the 2001 Rolex 24 Hours of Daytona, this Corvette must have been on static display somewhere with signs on or around it stating “PLEASE TOUCH.” It was reportedly still on its MSO, which kind of made its status more confusing. Not really desirable as a driver example, there was not enough interest from bidders to get it sold. C6 #534-2009 CHEVROLET CORVETTE ZR1 coupe. S/N 1G1YR26R495801081. Silver metallic/carbon fiber/black leather. Odo: 1,919 miles. 6.2-L 638-hp supercharged V8, 6-sp. As-new, apart from Clear-Bra stone protection back to within 3” of the engine window in hood. Carbon fiber hoop, targa roof, air splitter, and rocker panel extensions very distinctive. Interior benefits from the 3ZR package that added $10,000 to the sticker price of over $115k. Cond: 1. NOT SOLD AT $76,000. A very sharp example of a rare, if new, Corvette, owned by Lance Miller of Carlisle Events. The sole reason it was offered for sale here was so that he could order one in the upcoming 2012 shade of “Carlisle Blue.” I'm sure Lance will find another home for the car in the near future. ■ 52 Corvette Market SPRING 2011 www.corvettemarket.com


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Market Report Corvettes listed in the following pages should give you an in-depth look at what's happening in the market today—and that's something unique to Corvette Market. I C1 #23-1953 CHEVROLET CORVETTE roadster. S/N E53R001273. Polo White/black cloth/red vinyl. Odo: 6 miles. 235-ci 150-hp I6, 3x1-bbl, auto. Comprehensive restoration neither carefully finished nor well preserved. Driver's door and trim fit poorly to body and surrounding parts, passenger's door markedly better. Numerous light pits and scratches in chrome and brightwork reveal less-than-recent age of restoration. Top could fit better. Interior tidy with little to fault. Engine compartment supports the suspicion of a decade or more in Auctions Covered This Issue: Worldwide Auctioneers, Atlantic City, NJ, 2/18/2011—Chip Lamb McCormick, Palm Springs, CA, 2/25/2011—Carl Bomstead RM Auctions, Fort Lauderdale, FL, 3/4/2011—Sam Stockham Mecum Auctions, Kansas City, MO, 3/11/2011—B. Mitchell Carlson RM Auctions, Amelia Island, FL, 3/12/2011—Carl Bomstead Silver Auctions, Portland, OR, 3/26/2011—Jim Pickering The Branson Auction, Branson, MO, 4/8/2011—B. Mitchell Carlson Dan Kruse Classics/Leake, San Antonio, TX, 4/8/2011—Phil Skinner Worldwide Auctioneers, Seabrook, TX, 4/30/2011—Carl Bomstead Market opinions in italics #24-1954 CHEVROLET CORVETTE roadster. S/N E54S003639. Polo White/tan cloth/red vinyl. Odo: 672 miles. 235-ci 155-hp I6, 3x1-bbl, auto. Older body-off restoration exhibits uniform paint quality throughout, although doors fit and shut poorly. Trunk and rear tonneau show factory gaps. Chrome and brightwork uniform with minor polishing scratches. Interior redone at time of restoration in correct materials. Engine compartment restoration older and correct, apart from some chrome dress-up parts. Cond: 2-. NOT SOLD AT $67,000. Last sold for $77,000 at Worldwide's May 2010 auction in Seabrook, Global Roundup Corvettes across the block 80 Corvettes Total $2m at Nine Auctions f you were looking for a Corvette from February through the end of April, you had plenty of choices at auctions around the U.S. And while there were few record prices achieved on the block, the market remained solid, with documented originals and highend restorations still in demand. Whether you're buying, selling, or just looking, the 155-hp I6, 3x1-bbl, auto. Paint shows well and has no road rash on nose. Crack in fiberglass on hood over driver's latch, both doors fit poorly. Crack in license plate plastic cover. Lamp lenses looking old and are most likely original. Chrome just OK. Engine repaint mediocre, with stains aplenty. Underhood chrome shows light scratching. Interior is the best part of the car. Very nice leather well used. Cond: 2-. NOT SOLD AT $61,000. An OK car that needed a few detail items and some panel alignment (but hey, what ‘54 Corvette didn't?) to make it show-worthy. Prices seem to have cooled on these lately, and the bid was getting close considering its few needs. The $70k low estimate seemed a tad aggressive to me, but a couple thousand more than this should buy it. Auctions America by RM, Fort Lauderdale, FL, 3/11. #27-1954 CHEVROLET CORVETTE roadster. S/N E54S001925. Pennant Blue/beige vinyl. Odo: 227 miles. 235-ci 150hp I6, 3x1-bbl, auto. Restored to factory specification with limited use since. Correct Blue Flame Six with matching-numbers components. No NCRS or Bloomington judging awards listed. Offered with aftermarket hard top that is thought to have been with car since new. One of about 300 finished in Pennant Blue, but no factory records kept by GM. stasis. Cond: 2-. NOT SOLD AT $175,000. Not over-restored, as has been the norm the last five to ten years. The first-year Corvettes have not held their own since the highs of just a few years ago, but there's also the valid contention that also-ran cars such as this example have followed better ones to market. High bid was enough. Worldwide Auctioneers, Atlantic City, NJ, 2/11. 54 Corvette Market SPRING 2011 www.corvettemarket.com TX (CM# 162459); more recently, unsold at the December Raleigh Classic at a $62,000 high bid (CM# 168467). While a nice driver-quality example, this was no ‘53, and as has been pointed out before, the days of these being dragged up by skyrocketing first-year Corvette values are done, at least for right now. Worldwide Auctioneers, Atlantic City, NJ, 2/11. #506-1954 CHEVROLET CORVETTE roadster. S/N E54S002776. Polo White/tan canvas/red vinyl. Odo: 78,298 miles. 235-ci Cond: 2+. SOLD AT $86,900. 1954 Corvettes have been slipping a bit from their high of a few years back. The hard top, while not as rare as the “bubble top,” still added a bunch to the package here. That, combined with the unusual color and excellent condition pushed this example to a price not recently witnessed for a '54. Well sold, indeed. Worldwide Auctioneers, Seabrook, TX, 4/11. #25-1955 CHEVROLET CORVETTE roadster. S/N VE55S001139. Gypsy Red/tan


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Market Report on dashboard matches Global Roundup Corvettes across the block vinyl/white vinyl. Odo: 3 miles. 265-ci 195-hp V8, 4-bbl, auto. Concours-quality paint and bodywork fits and looks up to par with the most recently over-restored examples today. Chrome and brightwork likewise nicely done, apart from heavy buffing marks on side trim. Vinyl piping and Somewhat below-average body fit throughout, fit of door-window posts to windshield frame is inconsistent. High-quality paint finish slightly scratched from polishing. Chrome and brightwork uniformly restored. Interior exhibits many small detail issues that remain unre- 265-ci 225-hp V8, 2x4-bbl, auto. Restored in 2003. Grille poorly fitted, orange peel in paint, aftermarket mags. Incorrect color combination. Fitted with the desirable 265/235 engine with dual 4-barrel manifold, but only using one carb. Powerglide automatic transmission. stitching on seats and seems a bit too orange, especially against the painted red portion of the instrument panel. Engine bay and chassis prepared to the highest standards. Cond: 2+. NOT SOLD AT $90,000. Brilliantly restored, and yet the side trims seemed rather rushed onto the car. The third early Corvette here, sadly, rolled off the block to the same no-sale tune as the 1953 and 1954 that preceded it. Early Corvette buyers just weren't in attendance this Feburary in Atlantic VETTE roadster. S/N VE55S001156. Pennant Blue/beige canvas/tan vinyl. Odo: 337 miles. 265-ci 195-hp V8, 4-bbl, auto. From the collection of Bill Warner, founder of the TOP 10 No. 4 City. Worldwide Auctioneers, Atlantic City, NJ, 2/11. #113-1955 CHEVROLET COR- solved: seat stuffing uneven, carpets wrinkled. Engine bay restoration unwinding, with similar small details overlooked. Cond: 2-. SOLD AT $66,000. Last sold for $76,680 at the December 2009 Raleigh Classic (CM# 154429), more recently a $58,000 no-sale at the December 2010 Raleigh Classic (CM# 168457). This early V8 Corvette with dual quads found a home with a knowledgeable buyer who saw the great restoration and was willing to deal with some of the issues in the margin. Slightly well bought. Worldwide Auctioneers, Atlantic City, NJ, 2/11. Amelia Island Concours d'Elegance. Recent restoration, won AACA National First Junior at 2010 Hershey meet. One of 700 built in 1955 and only 45 in Pennant Blue, but no records were kept to document which cars #498-1956 CHEVROLET CORVETTE convertible. S/N E56S004068. Black/black vinyl/orange vinyl. Odo: 55,880 miles. 265-ci 225-hp V8, 2x4-bbl, 3-sp. NCRS Top Flight and Bloomington Gold. Nice older restoration holding up and done to high standard. Well applied paint needs some detail work. Body has nice gaps. Passenger's door rubs top when closing, driver's door missing lock button. Engine well detailed, with only some minor staining on intake manifold. Interior nicely Cond: 2-. SOLD AT $60,375. These can push six figures with the dual four engine, but considering the issues here, price paid was on the money. Mild Corvette customs just don't cut it—either keep it stock, or go whole-hog. McCormick, Palm Springs, CA, 2/11. #200-1957 CHEVROLET CORVETTE convertible. S/N E57S103654. Onyx Black/black hard top/red vinyl. Odo: 62,602 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Equipped with power-operated folding top, ordered on only 20% of '57s. Also equipped with factory hard top, radio, and 4-speed manual transmission, ordered on only 664 '57s. Has the swirls and buffing marks that are ex- those were. Excellent panel fit exceeds factory spec. First year for V8, which was a separate order number from the base-level 6-cylinder. Cond: 1-. SOLD AT $104,500. Price paid was on-the-money for an example in this condition. Only issue with car is possible over-restoration, and I'll let the NCRS boys work that out. A very attractive offering. RM Auctions, Amelia Island, FL, 3/11. #46-1956 CHEVROLET CORVETTE convertible. S/N E56S001931. Arctic blue & silver/tan vinyl/light tan vinyl. Odo: 452 miles. 265-ci 225-hp V8, 2x4-bbl, 3-sp. Older bodyoff restoration with very few miles since. 56 Corvette Market SPRING 2011 www.corvettemarket.com pected on most black cars. A strong presentation. Cond: 2. NOT SOLD AT $90,000. Price offered was for a middle-of-the-road '57 Fuelie, and this was a much better Corvette. It was equipped with several rare and desirable options that added to the value. I would think the low six-figures was closer to the number. McCormick, Palm Springs, CA, 2/11. done. Power top, dual quads, Wonderbar radio. Cond: 2+. NOT SOLD AT $90,000. A moderately optioned car and no mention of the high lift cam, so I'll assume it did not have it, nor did it have power windows. Power top did help, but without those other options, I found it hard to justify the $100k low estimate. While this was a very nice car, I think $90,000 should have taken it. Auctions America by RM, Fort Lauderdale, FL, 3/11. #169-1956 CHEVROLET CORVETTE convertible. S/N E56S004013. Cascade Green/beige canvas/beige vinyl. Odo: 71,055 Best Buy #176-1957 CHEVROLET CORVETTE convertible. S/N E57S102469. Venetian Red & white/tan fabric/red vinyl. Odo: 98,978 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Body-off restoration a few years back. Excellent paint and brightwork, panel fit exceeds factory spec, new interior properly fitted. Numbers-matching dual-quad 283/245 rebuilt in 2006. Borg-Warner T10 manual 4-speed added, original 3-speed goes with car. Radio and heater delete. Nine-fin valve covers. A strong presentation. Cond: 1-. SOLD AT $77,000. The Fuelies get the attention in the


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Market Report Global Roundup Corvettes across the block presentable. Stainless in need of polish. world of '57s, but this was a striking example. Perhaps too nice, as there would be some NCRS deductions for over-restoration. Even so, sold for under the money, so well done to the buyer. RM Auctions, Amelia Island, FL, 3/11. #F239-1960 CHEVROLET CORVETTE convertible. S/N 00867S105374. Tuxedo Black & silver/black vinyl/black vinyl. Odo: 35,908 miles. 350-ci V8, 4-bbl, 4-sp. Nonoriginal 350-ci engine, but dolled up to look correct for 1960. Pretty decent newer repaint, older bumper redo, good original or older repop trim. One wiper incorrectly parked. Older repop seats show light wear. Aftermarket AM/FM/cassette deck. Grubby undercarriage, Passenger's door out slightly at bottom. Interior starting to get old but not worn. No hard top. Steering wheel discolored, driver's seat upholstery bunchy in spots. Incorrect but nice Coker radials. Engine bay shows use and is a bit dirty. Generator out of alignment with other pulleys. Nice car if you are not trying to win shows. Cond: 2-. SOLD AT $47,300. Seller claimed only 10,000 miles since restoration (probably 9,752 miles to be exact), and it looked like every bit of crud from those 10k miles was still on the engine. Money seemed to be about right for a good little cruiser. Auctions America by RM, Fort Lauderdale, FL, 3/11. #465-1961 CHEVROLET CORVETTE convertible. S/N 10867S104509. Roman Red & Ermine White/white canvas soft top/red vinyl. Odo: 67,900 miles. 283-ci 315-hp fuelinjected V8, 4-sp. No factory documentation presented but seller is sure it's a factory hi-po car. Some trim alignment issues, paint features lots of swirls from dry dusting, but no sign of major body problems. All major components in place, including spinner wheel covers. standard. Fuel-injected engine said to start easily and run smoothly, following fresh rebuild. Documented with window sticker. Cond: 2+. SOLD AT $101,200. The '61 Corvette convertible was made popular by Buz and Tod of Route 66 television-series fame. Loads of eyeball here. The bidding stalled while the car was on the block, but the Worldwide folks got busy and put a deal together. After a little give-andtake, the price was right for all involved. The hard top was a big plus. Worldwide Auctioneers, Seabrook, TX, 4/11. #31-1962 CHEVROLET CORVETTE convertible. S/N 20867S104942. Red & black/red & black hard top/black vinyl. Odo: 139 miles. 327-ci 360-hp fuel-injected V8, 4-sp. High-quality older restoration to a very high standard, good body fit and detailing. Chrome and brightwork redone, some apparent overbuffing. Interior comprehensively redone though high gloss of instrument binnacle stands out, as does some pitting to shifter surround. Engine bay highly and correctly de- aftermarket rear sway bar fitted. New wide whitewall radials on the stock rims. Offered at no reserve. Cond: 3. SOLD AT $49,820. Considering that nearly-perfect C1s have been commonly trading for a grand less than this sold for, either the market is picking up on them or someone just had to have it regardless of price. Sold well. Mecum Auctions, Kansas City, MO, 3/11. #676-1961 CHEVROLET CORVETTE convertible. S/N 10867S105111. Steel Blue & white/blue vinyl. Odo: 9,752 miles. 283-ci 230-hp V8, 4-bbl, auto. Older repaint holding up well and showing only a few touch-ups and a slight orange peel. Chrome getting old, but is Equipped with optional Positraction, factory radio, heater, clock, tachometer. Manual top. Cond: 2. NOT SOLD AT $45,000. In perfect condition this car would have been north of $100k; in the condition presented here, the seller's hoped-for $65k was reasonable. But the only folks bidding when it hit the turntable were wholesalers, judging by the last bid. I don't know what seller had in the car, but it had to be a lot more than this number. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. TOP 10 No. 5 #69-1961 CHEVROLET VETTE convertible. CORS/N 10867S104509. Roman Red/red vinyl. Odo: 48,120 miles. 283-ci 315-hp fuel-injected V8, 4-sp. A Fuelie with four-speed, hard top, and Posi. Three owners from new, mileage stated to be accurate, recently restored to high tailed with few evident flaws. Cond: 2. NOT SOLD AT $235,000. Ordered new as a competition car and used for this purpose throughout its life, this rare Corvette left the factory with big brakes, big 24-gallon fuel tank, fuel injection, heavy-duty wheels, and even a roll bar. As the fuel tank took up the space the soft top would have folded into, it likely always wore its auxiliary hard top. Bidding seemed strong, and the money bid should have been enough. Worldwide Auctioneers, Atlantic City, NJ, 2/11. Best Buy #538-1962 CHEVROLET CORVETTE convertible. S/N 20867S113033. Roman Red/black vinyl. Odo: 7,007 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Paint worn and needs a good detail and buff. Stainless trim worn, chrome starting to pit in places. Trunk lid sits low and off-center. Driver's door fit off at bottom but closes nicely. 58 Corvette Market SPRING 2011 www.corvettemarket.com


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Market Report Global Roundup Corvettes across the block Sweet Radio Shack tape deck circa 1984. Interior passes for mostly original. Engine bay cruddy with coolant on top of intake. Incorrect air cleaner detracts further. Cond: 3+. SOLD AT $46,000. Another case of a seller neglecting small details and paying for it with the sale price. While the low estimate of $70,000 may have been a hair aggressive for a car in this condition, it wasn't out of line, making this car quite well bought. Fix some small items, and flip it for a tidy profit, sure thing. Auctions America by RM, Fort Lauderdale, FL, 3/11. #164-1962 CHEVROLET CORVETTE convertible. S/N 20867S111018. Sateen Silver/silver hard top/red vinyl. Odo: 99,012 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Recent respray to high standard. Styling very similar to prior year, but coves available in body color only for '62. Last year for solid rear axle and exposed headlights. Rebuilt 327/340 engine, but lacking documentation as to its origin. heavily awarded. Pretty much as it was when it left the St. Louis assembly plant. Originally a hard top-only car, aftermarket soft top added later. Cond: 1-. NOT SOLD AT $72,500. Ah, what to do with show cars before the shine starts to dull? I was more surprised at the $105k reserve than the bids petering out at about $70k. These have come down a fair distance over the past few years. Branson, Branson, MO, 4/11. #200-1962 CHEVROLET CORVETTE convertible. S/N 20867S100795. Ermine White/black vinyl/black vinyl. Odo: 16,569 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Excellent paint and chrome, clean interior, spotless engine compartment. Fitted with T10 4-speed, Positraction rear axle, and Wonderbar radio. Frame-off restoration in the early '90s, judged at the NCRS Regionals in July '94 by NCRS Judge and CM contributor Michael Pierce, where it received a Top Flight with a score of Desirable options included 24-gallon fuel tank, heavy-duty brakes and steering, and power convertible top. Last year for the solid-axle rear suspension and exposed headlights (until 2005). Cond: 3+. SOLD AT $57,200. The power top adds about $3,000 to the total package. Price paid was about right for a middleof-the-road Corvette that will make an excellent driver, so get the rubber on the road. Worldwide Auctioneers, Seabrook, TX, 4/11. C2 #505-1963 CHEVROLET CORVETTE convertible. S/N 30867S115124. Red/red hard top/black vinyl. Odo: 19,834 miles. 327-ci 300-hp V8, 4-bbl, auto. Paint is in need of a buff, with light wipe scratches showing. Knockoffs slightly corroded and not correct for 1963. Hood grilles worn and faded. Thick, wavy rechrome around vent windows, but bumpers look good. Interior aging, with vinyl getting stiff and some window felts missing. Screws holding on door panels. Engine basi- Attractive and properly installed red interior. A striking package. Cond: 2+. NOT SOLD AT $64,700. Final bid was a bit light, if all was in order here. If you are looking for serious money for your Corvette, you need to provide as much documentation on the car as you can. Otherwise, buyers will assume the worst. That's what happened here. McCormick, Palm Springs, CA, 2/11. #547-1962 CHEVROLET CORVETTE coupe. S/N 20867S109295. Roman Red/white vinyl/black vinyl. Odo: 99,946 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Chevyfest Gold Spinner Award, Bloomington Gold Certification, and NCRS National Top Flight all awarded within last few years, Triple Crown Award on March 7, 2010. Light crack starting in the left rear fender wheelwell opening. Typical poor fit for repop headlight trim bezels. Apart from that, rest of the car shows why it is 97.3. Has aged since, with black carpet now starting to look a bit green. Very nice throughout. Awards and certification come with car. Cond: 1-. NOT SOLD AT $72,500. This C1 had a great look, thanks to a mellowing older restoration and spotless cosmetics. The market has fallen slightly on cars like this one, but even so, I'd say this bid was a bit light considering the overall presentation. The seller was right to hang on, as there should be another $15k or so in it as it sits. Silver Auctions, Portland, OR, 3/11. #96-1962 CHEVROLET CORVETTE convertible. S/N 20867S106979. Sateen Silver/black vinyl/black vinyl. Odo: 94,748 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Frame-on restoration a few years back. Paint OK, but lacking deep luster. Bumper badly pitted with rust forming under plating. Attractive interior. cally clean but uninspiring; some retaped wiring and crimp-on connectors at back of alternator detract. Has power windows and hard top. Cond: 2-. SOLD AT $45,100. Numbers-matching base drivetrain. Has covered 267 miles since being offered at Mecum's St. Charles, IL, sale in 2009, where it was a no-sale at $37,000 (CM# 120780). This time around, market-priced. Auctions America by RM, Fort Lauderdale, FL, 3/11. #589-1963 CHEVROLET CORVETTE coupe. S/N 30837S104209. Silver metallic/black vinyl. Odo: 48,411 miles. 327-ci 300-hp V8, 4-bbl, auto. Newer repaint just a bit too metallic, but done to a good standard. Hood inserts worn. Rear bumper chrome is spotting. Scratched rear glass. Dingy engine compartment, with rusty exhaust and chrome coming off air cleaner. Interior carpet and upholstery showing their age, as is the chrome around the 60 Corvette Market SPRING 2011 www.corvettemarket.com


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Market Report Global Roundup Corvettes across the block gauges. Heater core inoperable. A nice-looking car if not all correct. Cond: 3. SOLD AT $55,000. This needed a few things updated, or just drive it and don't worry (unless you like heat). Some underhood cleanup would add some flair at the car shows. I liked it, but I would like it better at $50,000, considering I would spend a few bucks fixing the small things. Market-priced. Auctions America by RM, Fort Lauderdale, FL, 3/11. #652-1963 CHEVROLET CORVETTE coupe. S/N 30837S118507. Silver/red. Odo: 62,643 miles. 327-ci 340-hp V8, 4-bbl, 3-sp. Exterior in original, unrestored condition, with its share of use damage in accordance with miles. Chrome bumpers are just OK and most likely original. Interior also original, paint flaking off of speaker cover, faded seatbelts. Engine bay paint starting to fade, and all brightwork is dull. Wheel covers are dingy, and more expensive in the long run, and that will be the case here. McCormick, Palm Springs, CA, 2/11. Best Buy #F111.1-1963 CHEVROLET CORVETTE coupe. S/N 30837S108403. Tuxedo Black/black vinyl. Odo: 53,859 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Smoothed-out bodywork with decent repaint. Heavier scuffing of rocker panel trim. Left taillamp out. Older reproduction interior upholstery shows minimal wear. Tidy engine bay, although not authentically detailed. Modern billet aluminum alternator pulley. Equally tidy and more accurate undercarriage. Seems to run out well, with a stock exhaust note. Equipped with optional fuel injection, T10 4-speed, and Wonderbar radio. Stock wheel covers with radial tires. Cond: 2-. NOT SOLD AT $60,000. With a pair of 340-hp ‘63s in this auction, plus a ‘63 convertible, this price should give you an idea of current Split-Window values. The party's over, and they are on their way down. Branson, Branson, MO, 4/11. #598-1963 CHEVROLET CORVETTE coupe. S/N 30837S108211. Ermine White/black vinyl. Odo: 70,494 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Mileage believed actual. Recent cosmetic restoration, retaining the original powertrain and options, except for modern reproduction 1964-style alloy wheels shod with radial whitewalls. Said to have all of its original interior, although several re-dyed pieces look very new for for the miles. Seat belts are modern repros. Window sticker con- the car wears ugly oversized BFG radials. Cond: 3-. NOT SOLD AT $68,000. The description listed many parts that had been rebuilt and said that the transmission and rear end were numbers-matching, but danced around whether the engine was actually original. The bidding got above the $65k low estimate but still did not sell. Originality seems to be king these days, but this was still a number 3 car with an iffy motor. The bid should have taken it. Auctions America by RM, Fort Lauderdale, FL, 3/11. #179-1963 CHEVROLET CORVETTE convertible. S/N 30867S114760. Maroon metallic/black vinyl/black leather. Odo: 3,945 miles. 350-ci 350-hp V8, 4-bbl, auto. Original engine replaced with 350 from 1969. Nonauthentic color for 1963 was poorly applied with lots of overspray. Dash cracked. Interior trim pitted. Top weakly fitted, engine compartment clean but not detailed. Equipped with Cond: 3+. SOLD AT $82,680. With SplitWindows being one of few C2s to continue appreciating in recent years, I was a bit surprised when the reserve was lifted at just $76k. Then again, when I last saw it here at Mecum's December 2010 Kansas City auction, it was a no-sale at $80k (CM# 168342), so the local dealer must have gotten tired of trying to shift it—and it wasn't getting any better just sitting around. I expected something closer to $100k. Bought well, especially for the long term. Mecum Auctions, Kansas City, MO, 3/11. #582-1963 CHEVROLET CORVETTE coupe. S/N 30837S105805. Riverside Red/black vinyl. Odo: 25,098 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Recent body-on restoration shows good external body prep and paint, heavy internal patching above left rear wheelwell. All new weatherstripping and glass seals, original windows. Replated original bumpers, new door handles, buffed-out stainless trim. Aftermarket console T-bar pad, likely added when rest of interior was replaced. Interior minimally worn. Incorrect modern bat- firms optional 340-hp engine, 4-speed, 3.70 ratio Positraction differential, signal-seeking AM radio, and off-road exhaust. Cond: 2. NOT SOLD AT $61,000. The seller marketed this as a “Survivor,” but top bid showed that no one fell for that. Sorry, one repaint does not make any car a “Survivor.” Stated to need $65k to get it sold, so this could be considered further proof that Split-Windows are cooling in value. Branson, Branson, MO, 4/11. #606-1963 CHEVROLET CORVETTE convertible. S/N 30867S119753. Ermine White/black vinyl/dark blue leather. Odo: 52,373 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Said to have had a frame-off restoration, but no telling when. Good body prep, panels smoother than stock. Good but not stunning repaint, excellent door and panel gaps. Aftermarket power steering. Cond: 3-. SOLD AT $37,695. Price paid was certainly cheap enough for a '63 convertible, but fixing the needs will run up the price tag in a hurry. Sometimes a bargain is 62 Corvette Market SPRING 2011 www.corvettemarket.com chrome air cleaner, with rest of engine compartment passable as stock. Light wear and soiling on seats and carpeting. Optional 340-hp motor, 4-speed, and AM/FM radio. Modern reproduction 1964-style tery cables and connections, plus billet aluminum alternator pulley. Optional power windows. “Restored to 340-hp specifications.” alloy wheels shod with radial whitewalls. Cond: 3+. NOT SOLD AT $56,000. In line with the two Split-Windows here, considering equipment, condition, and bidding. While down a bit, this still confirms


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Market Report Restored to high Global Roundup Corvettes across the block that for 1963, if the top goes down, the price goes down. Branson, Branson, MO, 4/11. #65-1963 CHEVROLET CORVETTE coupe. S/N 30837S116160. Riverside Red/red vinyl. Odo: 6,047 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Stated to be a numbers-matching example. standard and awarded a Gold Spinner. Number of very minor restoration issues noted, such as amount of overspray. Properly installed aftermarket interior. Correct hoses and decals in place. In One of only a couple thousand built with Powerglide. Cond: the “right” colors. Cond: 2+. NOT SOLD AT $72,500. Last seen at Mecum's May 2010 Spring Classic, where it was a no-sale at $88,000 (CM# 163406), and further down the slippery slope today. As is the case in real estate, the first offer is often the best offer, and holding out for more can be costly. Worldwide Auctioneers, Seabrook, TX, 4/11. #F185-1964 CHEVROLET CORVETTE convertible. S/N 40867S110548. Satin Silver/white vinyl soft top/black vinyl. Odo: 43,376 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Said to be a frame-off restoration, but looks pretty tired. Non-original front clip. Average repaint over minimal body prep. Maroon overspray visible on top bows—since it was originally Satin Silver, that suggests it's been repainted at least twice. Mediocre panel and door fit. Older replacement carpet and seat upholstery show light wear. Overall sloppy workmanship under the hood. Original knockoffs shod with radial tires. Cond: 3. SOLD AT $37,630. Built after the start of A.O. Smith contracted body production—although this one was still trimmed in-house at the St. Louis assembly plant. Calling this lackluster redo a “restoration” would be an exaggeration in my opinion. Even with the original engine and paint now returned to original color, sale price was on the high side. Mecum Auctions, Kansas City, MO, 3/11. 64 Corvette Market SPRING 2011 www.corvettemarket.com rust to the exhaust manifolds. Cond: 3+. SOLD AT $55,000. Nothing really impressive here, except some of the options. Details may have brought more money, but like many cars here, the owner seemed to disregard the importance of presentation. With some attention this would be a very attractive car. Well bought. Auctions America by RM, Fort Lauderdale, FL, 3/11. #152-1965 CHEVROLET CORVETTE convertible. S/N 194675S122993. Ermine White/red leather. Odo: 14,613 miles. 327-ci 300-hp V8, 4-bbl, auto. Recent restoration with complete set of photos documenting the project. Excellent quality respray with new interior properly installed. Side exhaust, aftermarket knockoffs, and factory a/c. Teak steering wheel. Engine area clean and properly detailed. of lightly worn and aged interior. Slight hint of old car smell. AM/FM. Car earned Bloomington Gold, Survivor, and Benchmark Certifications in 1997, NCRS Top Flight in 2008. Cond: 3. SOLD AT $199,280. This was a $195k no-sale when it crossed the block, but a deal was put together less than a half-hour later. To date, it's the only all-red big-block C2 convertible to have earned the coveted Benchmark status (out of fewer than 100 total), so that explains the $75k–$100k premium paid. See the profile on p.24 Mecum Auctions, Kansas City, MO, 3/11. #590-1965 CHEVROLET CORVETTE convertible. S/N 194675S100053. Rally Red/black vinyl hard top & white vinyl soft top/black vinyl. Odo: 46,948 miles. 396-ci V8, 4-bbl, 4-sp. Non-original 1966-vintage 396. Decent older repaint starting to show some light battle scars. Equipped with factory optional vinyl-covered hard top and soft top. Non-stock chromed cowl vents, O.E.M.-style sidepipes added much later. 1990s-era modified AM/FM/cassette fits the stock hole, but aftermarket speakers are mounted in holes cut Very attractive interior. Engine clean with no streaks or leaks noted. Limited options, with M20 4-speed the most significant. Equipped with aftermarket radio. Cond: 2-. NOT SOLD AT $41,000. This decent but rather basic car lacked any of the desirable options like a/c, hardtop, big tank, or leather. That said, top bid was a touch low for an L75 convertible. Seller needed another $8k–$10k to get the job done. Worldwide Auctioneers, Seabrook, TX, 4/11. #540-1965 CHEVROLET CORVETTE convertible. S/N 194675S102566. Rally Red/black canvas/white vinyl. 327-ci 375-hp fuel-injected V8, 4-sp. Numbers-matching car. Paint needs some attention from the buffing wheel. Passenger's door out at rear, headlight won't shut completely. Nice bias Goldlines and sidepipes. Interior presents as slightly dirty and used, as does the engine bay, with only light 1-. NOT SOLD AT $66,000. Air is huge for value here, so price bid was light by at least $8k. If the knockoffs were born with the car they would be worth another $10k or more. The options can have a tremendous effect on the value of '65s. McCormick, Palm Springs, CA, 2/11. 194675S123000. Rally Red/red hard top/red vinyl. Odo: 43,985 miles. 396-ci 425hp V8, 4-bbl, 4-sp. Miles actual since new, with original powertrain, paint, interior, and Protect-O-Plate. Good sheen on paint, plus light patina and intact dealer sticker from Bill Moore Chevrolet. 1977 Oklahoma inspection sticker on windshield. Engine bay clean overall. Seats look “too good,” compared with rest TOP 10 No. 1 #S65-1965 CHEVROLET CORVETTE convertible. S/N #9-1964 CHEVROLET CORVETTE convertible. S/N 40867S114403. Satin Silver/white vinyl/silver vinyl. Odo: 52,253 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Mechanically sorted out a few years back. Signs of use include ding and road rash on hood. Windshield frame badly scratched.


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Market Report Global Roundup Corvettes across the block into floor of luggage compartment. Aftermarket alloy wheels on lower profile radials. Cond: 3. NOT SOLD AT $45,000. One look at the serial number guaranteed that this was not a big-block car when new. The 396 was initially offered mid-year, when the Fuelie was put out to pasture. Body tag confirms it was the 53rd 1966 model year Corvette built and the 20th convertible body fabricated at St. Louis. Tag also confirms the car was painted and trimmed as it was originally built. My advice: Ditch the big-block and sidepipes, then take it back to a stock small-block. It'll be worth a lot more in the future that way. Branson, Branson, MO, 4/11. #471-1965 CHEVROLET CORVETTE convertible. S/N 194675S123133. Glen Green/black vinyl soft top/Saddle vinyl. Odo: 66,075 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Numbers-matching drivetrain. Paint showing some aging and very minor stress cracks near headlight openings. Some indication of minor body work to front end. Chrome showing light pitting, grille a tad bit wavy. Equipped with power steering and brakes, original AM/FM, clock, tachometer, and heater-defroster. Wears Paint still in excellent condition. Also a number of interior upgrades, from high-spec soundsystem to Europa seats. Cond: 1-. NOT SOLD AT $29,000. As when selling any custom creation, you have to hope that at least one other person appreciates your car as much as you. It would be near impossible to recoup anything near the reported $80k invested, but I think the seller would have been happy with $40k. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #172-1966 CHEVROLET CORVETTE coupe. S/N 194376S102354. Nassau Blue/white vinyl. Odo: 54,031 miles. 427-ci 390-hp V8, 4-bbl, auto. Attractive Nassau Blue livery, with a/c, power steering, and power brakes. Nicely detailed under the hood with chrome valve covers. The big-block 427 first appeared in 1966 and was fitted with a special hood. Less than 10% of '66s equipped with base engine. On Goldline tires. Cond: 2-. SOLD AT $48,300. Bid to $50,500 two years ago and not sold, right here at McCormick's February 2009 Palm Springs auction (CM# 119736). Price paid was about right for a ‘66 ragtop with the base engine. Price goes up dramatically as the engine gets bigger. Add some NCRS and Bloomington Gold certificates, and the value really jumps. A fair transaction all around. McCormick, Palm Springs, CA, 2/11. #S52-1966 CHEVROLET CORVETTE convertible. S/N 194676S109974. Mosport Green/white vinyl soft top/black vinyl. Odo: 88,333 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Some light body seam broadcasting visible beneath good re-spray, all door latch hardware has been painted over. Wheelwell lips all trimmed to some extent. Replated bumpers, but rest of brightwork is original and very aged. Originally trimmed in green vinyl, the older upholstery redo now quite wrinkled. Heavier dashboard lettering fading. Stock Powerglide. Cond: 2. SOLD AT $71,400. The a/c was a big plus here, but that was offset by the 2-speed automatic transmission. The more popular '67s bring about ten grand more. Price paid was about right for a solid example finished in the most popular color offered in '66. McCormick, Palm Springs, CA, 2/11. original-style spinner wheelcovers with Goldline tires all around. Cond: 3. SOLD AT $49,500. For its condition, this was a well-sold car in a pleasing color combination, but there will be some needs in the detailing department as well as a general freshening. I didn't get to see the top in the “up” position, but the bows looked like they could use a little attention, too. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #2450-1965 CHEVROLET CORVETTE coupe. S/N 194375S119207. Silver & blue/black leather. Odo: 1 miles. 454-ci 400-hp V8, 4-bbl, 4-sp. Highly modified. Performance upgrades include Merlin valve covers and 825cfm Holley carburetor. Custom bodywork well executed: high-rise hood, whale-tail, shaved door handles, repositioned headlights, and much more. No signs of body sags or cracks. 66 Corvette Market SPRING 2011 www.corvettemarket.com #396-1966 CHEVROLET CORVETTE convertible. S/N 194676S105771. Sunfire Yellow/black vinyl/black vinyl. Odo: 56,469 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Only minor differences between '65 and '66 Corvette styling. Main difference was square mesh cast grille. Recent respray here and said to be new chrome, but rust on front bumper. Claimed numbers-matching. L79 327/300 was wheel covers, radial tires. Aftermarket chromed open element air cleaner in an otherwise tidy engine bay. Cond: 3+. SOLD AT $46,110. While Mosport Green was a one-year-wonder color, there were a fair number of cars painted in it—2,311, to be exact. It must have just been too much green for someone to take, hence the color-change interior. The reserve on this was dropped at $43k. Market-priced. Mecum Auctions, Kansas City, MO, 3/11. #666-1967 CHEVROLET CORVETTE convertible. S/N 194677S104745. Red & black/black canvas/black vinyl. Odo: 35,531 427-ci 400-hp V8, 3x2-bbl, 4-sp. Paint in good shape, with wipe marks being the only flaws. Chrome getting old, door fit slightly off. Interior is a detractor, with a warped console around park brake and uselessly shallow clear plastic cup holder over shifter. Engine bay needs a detail, with rusty and corroded a/c equipment being the biggest flaws. Equipped with power windows, a/c, sidepipes, and hard


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Market Report Global Roundup Corvettes across the block top. BFG Redline radials. Cond: 2-. NOT SOLD AT $85,000. Desirable car with some undesirable junk on it. A ten-year-old restoration, interior redone four years ago. High bid would have been an OK deal, but with almost no documentation, I can see why the room did not get behind this car. Seller was right to hold, but needs to do a better job of presentation. Auctions America by RM, Fort Lauderdale, FL, 3/11. #765-1967 CHEVROLET CORVETTE convertible. S/N 194677S122774. Green/tan vinyl. Odo: 45,425 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Paint dodgy, checking heavily and buffed through on edges of headlights. Badges faded. Passenger's door low at front. Chrome just OK and pretty wavy on rear bumper. Redline radials. New cheap chrome air cleaner and GM-labeled heater hoses are an odd mix. sticker, this was well bought. The speed warning indicator adds about a grand to the package and the mags about five. Documented options add up and increase price in a hurry. RM Auctions, Amelia Island, FL, 3/11. C3 #S32-1968 CHEVROLET CORVETTE convertible. S/N 194678S412636. Dark green metallic/white vinyl/beige vinyl. Odo: 71,462 miles. 454-ci V8, 4-bbl, 4-sp. Absolutely nothing stock about the motor, and not a whole lot around it for that matter. Super glossy repaint so thick that the body tag can't be read. Fuel filler cover and doors are one shade lighter than rest of body. Panel fit mediocre. Faded original emblems. Cheap aftermarket cowl inductionstyle hood probably weighs more than the engine, with those alloy heads. Aftermarket AM/ FM/cassette poorly cut into dash. Equipped with both tops and 3.70 Positraction differen- like plenty of miles to me. Plenty of dollars paid, too, for a far-from-original example. Branson, Branson, MO, 4/11. #481-1969 CHEVROLET CORVETTE coupe. S/N 194379S704040. Dark purple/black vinyl. Odo: 22,474 miles. 454-ci 400-hp V8, 4-bbl, 4-sp. Modified powertrain. Paint looks like swirl city, obviously was polished and cleaned with little or no water. Weld chrome wheels sparkle, rest of brightwork rather tired. Loose wires hanging down under dash. Stereo possibly non-functional. Some blue smoke vis- Old gas pooling on intake manifold. Leather cracking, but looks appropriate for mileage. Cond: 3. SOLD AT $43,450. Claimed to be numbers-matching and all-original. I believed them, but it was in need of some service. Sold for nearly the $44k top estimate, which seemed like fair money for a car in this condition. Auctions America by RM, Fort Lauderdale, FL, 3/11. TOP 10 No. 2 #177-1967 CHEVROLET VETTE convertible. CORS/N 194677S111204. Marina Blue & black/black vinyl/blue vinyl. Odo: 883 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Thorough restoration documented with photos. New top and interior. L71 engine rebuilt, balanced, and blueprinted. tial. Hooker headers and sidepipes. Cond: 3-. SOLD AT $19,345. One of exactly zero 1968 Corvettes equipped with a 454 from new. The seller explained that the car was basically a home garage restoration done by the previous owner. Considering that it was bid to $16,500, and considering that the reserve was then dropped and the bids kept coming, this Sting Ray hot potato was definitely sold well. Mecum Auctions, Kansas City, MO, 3/11. Equipped with side exhaust. Bolt-on mag wheels appear to be original. Also equipped with unusual speed warning indicator, which was a ten-dollar option and was ordered on only 10% of '67s. Original tank #252-1969 CHEVROLET CORVETTE convertible. S/N 194679S719536. Riverside Gold/black vinyl/black vinyl. Odo: 81,443 miles. 350-ci 350-hp V8, 4-bbl, 4-sp. Older repaint with cracking on hood curves. Typical C3 variable width gaps. Serviceable original chrome. Newer replacement top. Older replacement interior, carpet and driver's seat bolster worn. Non-stock electronic tachometer displaces the stock unit. Aftermarket aluminum intake manifold and tube headers, plus ible at start-up, but runs out OK. Cond: 3. SOLD AT $11,550. The seller really couldn't say much about the car, as he took it in on a trade. A few years ago, this would have been a $5,000 car on its best day, but interest in early C3s is picking up, and the custom touches could be undone without too much work, except maybe locating components of the original drivetrain. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #59-1969 CHEVROLET CORVETTE convertible. S/N 194679S733323. Red/black vinyl/black vinyl. Odo: 16,799 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Said to have correct Tri-Power and correct year engine, but does not claim to be an original 435-hp car. Fitted with power steering, power brakes, and new exhaust. Repaint shows some polish scratching but no significant damage, interior clean and correct, top nice but is wrinkled from being down a lot. Chrome and trim nice throughout. Radio and wipers said to be inoperative. Engine compartment features 435-hp goodies, but air cleaner decal is quite worn. Cond: 2. NOT SOLD AT $31,000. Recently not sold at sticker. A well restored and documented bigblock Corvette. Cond: 2+. SOLD AT $121,000. Considering the long list of unique options, the quality of restoration, and the original tank 68 Corvette Market SPRING 2011 www.corvettemarket.com chromed valve covers and air cleaner. No belt on the a/c compressor. Cond: 3. NOT SOLD AT $16,000. The consignor boasted that the car had “only” 81k on the odo, which seemed $27,216, at Silver's Fort McDowell sale in January 2011 (CM# 168795). The 435 is sought-after by Corvette buyers, but most would rather have one in a C2 rather than a C3. Documentation is everything with a car like this, and nothing was displayed here to make the bidders believe it always had those


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Market Report Global Roundup Corvettes across the block triple carbs and solid-lifter cam. Bid into the right range for a driver-quality car without docs. Silver Auctions, Portland, OR, 3/11. #F169-1969 CHEVROLET CORVETTE “Hellfire” funny car racer. S/N N/A. Purple metallic & white pebare aluminum. 426-ci fuel-injected V8, auto. 1968 Corvette body set on a Mike Kase chassis. Powered by a Keith Black 426-ci hemi with Hilborn fuel injection and TorqueFlite automatic. Paint in betterthan-expected condition for sitting parked for 40 years. Chassis and powertrain are period and dusty from sitting, although it appears that some attempt was has been made to get it running again. No indication as to current func- Shocks?), which I have to assume leak. Not a barn find, too many miles to have been speculative. A nice used car with modest options. Bid should have taken it, considering market comparables, some with bigger motors and more horsepower for less money in similar condition. Auctions America by RM, Fort Lauderdale, FL, 3/11. #F180-1971 CHEVROLET CORVETTE convertible. chipping on cheese grater side S/N 194671S103317. Bridgehampton Blue/black vinyl/black leather. Odo: 22,209 miles. 350-ci 270-hp V8, 4-bbl, auto. Good repaint over heavily prepped body, light trim Average bumper rechrome, mostly repro trim. Average fit for replacement top and seat upholstery. Good repro interior soft trim. Aftermarket AM/FM/cassette deck installed. Engine bay has replacement alternator, modern belts and hoses, aftermarket hose clamps, etc., but looks 3-. SOLD AT $14,310. This was used car dealer inventory, evidenced by the freshly removed promotional license plate cover concealed under the driver's seat. The reserve was lifted when bidding petered out, so the seller must've known this was the best that could be hoped for. Mecum Auctions, Kansas City, MO, 3/11. #164-1972 CHEVROLET CORVETTE convertible. S/N 1Z67W2S520721. Red/tan canvas/tan leather. Odo: 43,009 miles. 454-ci 270-hp V8, 4-bbl, auto. A green car originally, color change well done with no signs of green anywhere, even down window jambs. Paint shows minimal flaws and has a deep shine to it. Chrome and gaps all good. Interior consistent with mileage, cracking of seat-bottom leather the only sign of recent use. Engine bay could use a little clean-up. Butt connector on a/c compressor wire. Rusty exhaust manifolds. tionality. When originally campaigned by Jim Shue, it consistently made 7.14 second quarter mile times at 200 mph on nitromethane. Cond: 3-. SOLD AT $42,400. When bidding stalled at $39k, the auctioneer announced that it would take more than $40k to get it sold; by the end of the day, it was. There's been some recent interest in vintage funny cars, but this sale seemed like all the money in the world for a regionally campaigned flopper. A cool, spendy garage ornament maybe, but it will take a lot to get this on the track again. See the profile on p. 26. Mecum Auctions, Kansas City, MO, 3/11. #430-1971 CHEVROLET CORVETTE convertible. S/N 194671S110476. Blue/white vinyl/blue vinyl. Odo: 59,857 miles. 350-ci 330-hp V8, 4-bbl, 4-sp. Older paint job with many touch-ups and fish-eyes. Miscolored fix at front of driver's door edge. Chrome scratched and nicked. Good body gaps. Nice unmarked interior. Electrical is the biggest problem underhood, with crimp-on connectors and loosely taped-up wiring. All smog equipment still intact and looks good. Rolls on Firestone Wide-Oval tires. Cond: 3+. NOT tidy and stock at a glance. With optional interior décor group and a/c, which has been converted to R134A refrigerant. Rally wheels with radial tires. Cond: 3+. NOT SOLD AT $22,000. One of 1,417 painted in code 979 Bridgehampton Blue, a color used only in 1970 and 1971. It was a well-done car, but with the entry-level engine coupled with an automatic tranny, top bid was in the ballpark. Mecum Auctions, Kansas City, MO, 3/11. #F221-1971 CHEVROLET CORVETTE coupe. S/N 1Z37K2S521110. Classic White/saddle leather. Odo: 96,689 miles. 350ci 270-hp V8, 4-bbl, auto. Recently repainted on the cheap, with overspray under the hood, on the undercarriage, and on the windshield trim. Sloppy masking around door latches and seals. Pitted door handles and dull bumpers. Decent door gaps are better than original, but not by much. Mostly original interior, seat up- Equipped with power windows. Cond: 2-. SOLD AT $31,075. Small detail items kept this otherwise nice looking car below the low estimate of $32,000, but I thought the money was dead-on. Clean a few things up, enjoy it for a while, and the buyer won't lose a buck. Auctions America by RM, Fort Lauderdale, FL, 3/11. #431-1972 CHEVROLET CORVETTE convertible. S/N 1Z67W2S507659. Classic White/black vinyl/red vinyl. Odo: 2,407 miles. 454-ci 270-hp V8, 4-bbl, 4-sp. Numbersmatching drivetrain. A decent looking car with both hard and soft tops, paint quite good, glass all clear with no scrapes or wiper marks, no sign of previous accident damage. Interior has seen a color change from standard black to red. Upgraded stereo installed, but original AM/FM in trunk. On Rally wheels mounted to periodcorrect B.F. Goodrich T/A radials. Cond: 2-. SOLD AT $42,500. Stated numbers-matching with notarized letter to confirm. Original owner/seller certainly went out of his way to make this car honest, right down to all-original accessories including carb and shocks (Really? 70 Corvette Market SPRING 2011 www.corvettemarket.com holstery is newer, carpeting discolored. Filthy engine bay and undercarriage. Equipped with optional interior décor group, tilt/telescopic steering column, power brakes, and a/c. Cond: NOT SOLD AT $19,000. The seller evidently fell in love with this car at same venue a year earlier to the tune of just under $36k, which even then was a little overboard. The market in


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Market Report Global Roundup Corvettes across the block this area has taken a good beating since, and the seller just could not stomach the haircut. Bid to a market-correct level. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #448-1973 CHEVROLET CORVETTE coupe. S/N 1Z37T23S417086. Yellow/black vinyl. Odo: 63,909 miles. 350-ci 250-hp V8, 4-bbl, 4-sp. Wears an older repaint in original color, now showing signs of use, with stone chips on lower front fascia and some touchedup nicks on rear edge of driver's door. Interior appears to be original. Numbers-matching L82, though owner mistakenly thinks it's an L88. Factory AM/FM, clock, a/c, and tach. On original Rally wheels fitted with proper B.F. Goodrich T/A radials. Runs out rather well. Cond: 3. NOT SOLD AT $17,000. For the cosmetic condition and good run-out, I thought this was well bought—not a steal, but below current market trends. With a little help, it could easily make the mid-$20k range. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #332-1974 CHEVROLET CORVETTE coupe. S/N 1Z37T4S401749. Red/black vinyl. Odo: 30,855 miles. 350-ci 250-hp V8, 4-bbl, auto. Fitted with later vintage L82 and nonoriginal Turbo HydraMatic 400. It is a real red car, however, although the repaint is hardly something overspray over heavier road dust. Non-stock L82 hood graphics added. Pretty much all nonstock under that hood, and just as dusty as below. Older seat kit, with light wear and soil- ing. Rag stuffed into hole where radio used to be. Optional a/c, power brakes, and tilt/telescopic steering column. Cond: 3. SOLD AT $9,450. Consigned because the owner has five kids, and the consignment sheet was signed by his wife—the fun is officially over. All things considered, they did well enough on this driver-grade parts collection. Branson, Branson, MO, 4/11. #168-1975 CHEVROLET CORVETTE convertible. S/N 1Z67J5S415993. Orange Flame/tan canvas soft top/saddle vinyl. Odo: 72 Corvette Market SPRING 2011 www.corvettemarket.com stereo, ill-fitting ashtray/lighter pod on the console. Non-stock chrome air cleaner and valve covers. 1978 Indy Pace Car wheels on the right, stock 1977 alloys on the left. Optional power windows, a/c, tilt/tele column, and luggage rack. Cond: 3-. SOLD AT $8,000. A car for someone who wants a cheap Corvette and hasn't figured out why cheaper isn't always better. Sailed past the $6,500 reserve without much effort or fanfare, though that would have been about the right price. Well sold. Mecum Auctions, Kansas City, MO, 3/11. #F240.1-1978 CHEVROLET CORVETTE coupe. S/N 1Z8748S432710. Dark brown metallic/dark brown leather. Odo: 49,826 miles. 350-ci 220-hp V8, 4-bbl, 4-sp. Miles claimed actual since new. Decent shiny repaint, but now has some chipping on panel which could be a hamper on future profits. Decent options—steering, brakes, windows, locks, even a top—but anemic power under the hood. Cond: 3. SOLD AT $20,625. This car had great eye appeal which definitely helped, along with being offered on “no commission” Friday. Bidding seemed strong, and if it had been a little more perfect, I think it could gone even higher, but both seller and new owner should feel pleased. Dan Kruse Classics/ Leake, San Antonio, TX, 4/11. #F81.1-1977 CHEVROLET CORVETTE coupe. S/N 1Z37L7S445140. Red/black vinyl. Odo: 12,440 miles. 350-ci 180-hp V8, 4-bbl, auto. Salvage title. Stated to have had new paint, emblems, seats, and carpeting within the last year. Poor masking on roof panels, lots of overspray underneath, paint is too thick over body tag to read. Newer replacement windshield. Right brake light is out. Aftermarket to brag about. Undercarriage 21,952 miles. 350-ci 165-hp V8, 4-bbl, auto. Decorated nicely in original factory color and wearing the picnic rack on rear deck and proper Rally wheels with B.F. Goodrich T/A radials. Older respray has a few minor imperfections edges. Aftermarket fake wood kit and AM/FM/ cassette deck added. Well cared for original upholstery lightly worn. Fitted with Mallory performance distributor and poorly routed plug wires, with none of the stock ignition shielding remaining. Non-stock exhaust, with a rather robust note. Optional L82, 4-speed, power windows, tilt steering column, and a/c. Cond: 3. SOLD AT $10,865. The most desirable powertrain for 1978, but in a totally unappealing ‘70s color combo. It might look OK on a 1978 Cadillac, but on a 1978 Corvette, no— even if this was the stock color. No wonder it sold for so little. As for the mods, they were apparently countered by the low miles. A good deal for someone who could apparently stomach the color. Mecum Auctions, Kansas City, MO, 3/11. #320-1978 CHEVROLET CORVETTE coupe. S/N 1Z87L8S415931. Red/red leather. Odo: 37,506 miles. 350-ci 185-hp V8, 4-bbl, auto. Glossy repaint done to average standard. Non-stock L48 emblem on hood, mimicking the L82 piece. Door panels starting to split from U.V. exposure. Older replacement seat upholstery shows light wear. Interior otherwise original. Trimmed out on top of the motor to also mimic an L82, although it also has aftermarket ignition and headers. Optional a/c, cruise, sport mirrors, power windows, and tilt/telescopic steering column. Stock alloys with aftermarket ornamental tri-bar spinners. Aftermarket chrome sidepipes and wing. Cond: 3-. NOT SOLD AT $8,000. Just because it says 25th Anniversary on the hood and deck badges doesn't mean it's a special edition—all 1978 Corvettes had these badges. It was stated that the seller wanted $9k to get it sold. Branson, Branson, MO, 4/11. #187-1978 CHEVROLET CORVETTE Indy 500 Pace Car coupe. S/N 1Z87L8S900598. Silver & black/silver leather. Odo: 85,384 miles. 350-ci 175-hp V8, 4-bbl,


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Market Report Global Roundup Corvettes across the block auto. Original factory paint, decals applied when new at dealership. Equipped with glass tops only, with left side sporting healthy crack. Worn and tired all around and not even washed. Interior in relatively good condition. Tires well This example equipped with L48 350 with aluminum intake used. Has L82 badges on the hood but not under it or in the VIN. It is a real Pace Car edition, though. Cond: 4. SOLD AT $9,350. At this price the seller ought to have been dancing with glee. The car could be brought up with a whole lot of work, but it won't be cheap. Hopefully the new buyer knew exactly what he was getting into. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #330-1979 CHEVROLET CORVETTE coupe. S/N 1Z8479S415140. Maroon metallic/black leather. Odo: 6,267 miles. 350ci 225-hp V8, 4-bbl, 4-sp. Unremarkable repaint. Heavy window tint on all glass except windshield. Non-stock chrome air cleaner and ignition wiring in a cleaned-up and clearcoated engine bay. Fresh non-stock exhaust. Typical used-car carpet wear and dried-out seat manifold and Turbo HydraMatic 3-speed transmission. Power windows and a/c offered standard. Cond: 2. SOLD AT $12,600. This sold for well under the money. It appeared to have been well maintained, and there were no red flags noted. Even a #3 car could have brought another $3k, and this was a better car than that. If yellow was your color, then very well bought indeed. McCormick, Palm Springs, CA, 2/11. #F21-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8767BS411370. Silver/red leather. Odo: 51,639 miles. 350-ci 200-hp V8, 4-bbl, auto. Miles believed actual since new, as it was traded in on a new car. However, it has been repainted. Uneven fading on seat upholstery, carpets heavily chambered sun-faded. Dashpad pushed out of alignment. Non-stock ignition wiring with no stock shielding remaining. Engine bay otherwise stock but dusty. Older aftermarket exhaust. Equipped or-hate-it 4+3 transmission. Sports all the usual power amenities, but a/c may or may not work. Carfax reports an odometer inconsistency. At least the original Delco AM/FM cassette unit is still in the dash and working. Cond: 3-. SOLD AT $4,510. Early C4s are without a doubt the cheapest way to get into a Corvette, as there are just so many of them out there. Seller should be happy, new owner should be prepared to learn something about Corvettes. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. #408-1987 CHEVROLET CORVETTE coupe. S/N 1G1YY2187H5112927. Red/tan leather. miles. 350-ci 345-hp turbocharged V8, 4-sp. Paint dying slowly and painfully, but at least consistency indicates no crash damage. NACA ducts have faded into a different color red. Rubber side-glass dew wipes are dried and broken. Leather all dried, hard, and severely cracking on driver's bolster. Cheesy wood grain interior kit. Driver door sill plate is rusty. Engine bay grubby with dealer shine all over it (or is that engine oil?), intercoolers tarnished, leather. Aftermarket tach and stereo in place of stock units, with knee-knocker oil pressure and ammeter gauges. Optional L82, 4-speed, leather, a/c, mirrored T-tops, and power door locks. Fitted with aftermarket alloy wheels and rear window visor. Title in transit. Cond: 4+. SOLD AT $8,370. Not much to brag about here, even with the L82 and 4-speed combo. Neither party should complain if their hopes weren't set too high. Branson, Branson, MO, 4/11. Best Buy #157-1980 CHEVROLET CORVETTE coupe. S/N 1Z878AS400840. Yellow/black leather. Odo: 82,494 miles. 350ci 190-hp V8, 4-bbl, auto. Striking yellow paint with black and green pin-striping. Leather buckets in good order. No glaring issues. California cars required a special 305-ci, 180horse engine due to state emission restrictions. 74 Corvette Market SPRING 2011 www.corvettemarket.com with optional tinted roof panels, power door locks, rear window defroster, and alloy wheels. Cond: 3. SOLD AT $9,500. While it seemed plausible that the miles were actual, this car was far from being Bloomington Gold-eligible. The original new car dealer packet indicated that it came from Richlands, North Carolina, suggesting it was parked out in the sun for extended periods. That helps explain the repaint and piecemeal upholstery swapping. Cut loose from the reserve at the final bid, which was about all it was worth. Mecum Auctions, Kansas City, MO, 3/11. C4 #147-1985 CHEVROLET CORVETTE coupe. S/N 1G1YY0786F5119733. Dark Bronze/black leather. Odo: 84,203 miles. 5.7-L 230-hp fuel-injected V8, other. Driven hard and put away wet. Equipped with the love-it- hoses about to give up. Lots of needs. Cond: 3. NOT SOLD AT $17,500. These were $50,000 cars when new and could be ordered through the dealer under RPO code B2K. About 500 were made over a five-year run. Mods included engine internal upgrades and a secondary injection system to produce about 345 hp. This car just looked used up. Not much to instill confidence and the crowd thought so, too. Very nice examples usually run about $30,000. Auctions America by RM, Fort Lauderdale, FL, 3/11. #50-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J8L5802918. Red/red leather. Odo: 3,619 miles. 350-ci 375hp fuel-injected V8, 6-sp. All-original two-top first-year ZR-1 from near the end of that year's production. Paint without flaws or damage,


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body, trim, and glass likewise. Amazing absence of any windshield delamination. Interior only slightly marred by entry wear, dead instrument backlighting. Engine bay as-original, car” than “collectible,” especially with the garish color combo. The stock color itself was only borderline offensive, but the added rally stripes put this squarely in high-school parking lot territory. Correctly bid, therefore, with the reserve lifted at $8k. Mecum Auctions, Kansas City, MO, 3/11. #423-1992 CHEVROLET CORVETTE coupe. S/N 1G1YY23P1N5112552. apart from battery and oil filter. Cond: 2+. SOLD AT $31,350. Owned from new by PGA Tour champion Gil Morgan who bought this ZR-1 just down the road from me at Heritage Chevrolet in Chester, VA; it must have been the celebrity provenance that drove the price past even recent sales of late model examples with similar mileage. Nearly half of all ZR-1s were built for the first model year; this one was even absent its “pizza box” of documentation and memorabilia, which all early cars came with. Somewhat well sold. Worldwide Auctioneers, Atlantic City, NJ, 2/11. #233-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J2L5800487. Bright Red/red leather. Odo: 11,286 miles. 5.7-L 375-hp fuel-injected V8, 6-sp. A lowmileage example that cost over $80,000 when new. Dual removable roof panels and electronic a/c. Offered with the ZR-1 “gift package” and original window sticker. The ZR1 option was $27,016 and was ordered on 3,049 and lightly worn enough to believe the 21,953 miles on the odometer. Clean engine bay, dusty undercarriage. Photocopy of original window sticker from when it was sold new by Kenny Kent Chevrolet of Evansville, IN, confirms that the only options were tinted roof panel and electronic climate control. Cond: 3+. SOLD AT $22,140. While not a smoking hot deal, this was still worthwhile for a first-year ZR-1, in one of the most desirable color combinations. Well bought and well sold. Branson, Branson, MO, 4/11. #F190-1992 CHEVROLET CORVETTE convertible. S/N 1G1YY33P8N5118595. Quasar Blue metallic & white/white vinyl/white leather. Odo: 66,435 miles. 350-ci 300-hp fuel-injected V8, auto. Original paint with older, non-stock rally stripes added. Older clear chip-guard film on front end, less than expertly applied, with some edges lifting. Older replacement windshield. Heavier cracking and chipping on door window seals. Engine Cond: 2. SOLD AT $19,800. With an original sticker price of just under $40k when new, this was a prime example of how keeping a lowmile car in storage virtually from new can make you a small fortune—as long as you start with a large fortune. Seller was lucky to get this much, with sale price approaching the territory of the much more desirable ZR-1s of the era. New owner will have to wait a while to recoup his investment, and he better not let condition slip in the meantime. Dan Kruse Classics/Leake, San Antonio, TX, 4/11. bay spiffed. Moderate interior wear overall, seat bolsters heavily worn. Older aftermarket cat-back exhaust. Equipped with dual leather sport seats and Delco-Bose CD/cassette stereo. Cond: 3-. SOLD AT $9,250. Closer to “used cars. It included the LT5 engine that produced 375 horsepower. Cond: 1-. SOLD AT $25,725. The market has not been kind to these. That said, this was bought under the money, as it was well cared for, fully documented, and had very low mileage. The gift pack was a plus. Well bought in spades. McCormick, Palm Springs, CA, 2/11. #302-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J015800399. Red/red leather. Odo: 21,953 miles. 350-ci 375-hp fuel-injected V8, 6-sp. OEM-quality paint, with some overspray on rear undercarriage and no other indications of respray. NonOEM replacement performance tires. Tidy www.corvettemarket.com SPRING 2011 Corvette Market 75 #501-1994 CHEVROLET CORVETTE convertible. S/N 1G1YY32P4R5113496. Polo White/black cloth/black leather. Odo: 100,949 miles. 350-ci 300-hp fuel-injected V8, auto. Claimed to be a two-owner car from new. Decent original paint, buffed out over older touch-ups. Half-inch long crack in the body along rear valance. K&N air filter decal Arctic White/red leather. Odo: 6,983 miles. 5.7-L 300-hp fuel-injected V8, 6-sp. Well preserved, well appointed car, with actual miles showing. Obviously has been stored in proper conditions, now is detailed and ready for sale. Equipped with preferred equipment group, six-way power sport bucket seats, Delco-Bose sound system with AM/FM/cassette/CD, and more. Includes all paperwork, manuals, and related items including Monroney sticker.


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Market Report Global Roundup Corvettes across the block gauges on A-pillar. Factory optional 6-speed, memory package, dual power sport seats, on intake plenum. Older washed-off engine bay, now starting to show light dust. Heavy undercarriage dust, with dings and buckling of original mufflers. Lighter interior wear for indicated miles. Interior saturated in ArmorAll, with drips showing. Cond: 3-. SOLD AT $8,856. When it crossed the block, it was disclosed that Carfax indicated an “odometer inconsistency.” Pretty much a garden variety used car. Reserve was dropped at $8,100 for a market-correct sale. Branson, Branson, MO, 4/11. #F45-1996 CHEVROLET CORVETTE convertible. S/N 1G1YY32P8T5107157. Polo White/black cloth/red leather. Odo: 85,535 miles. 350-ci 300-hp fuel-injected V8, auto. Heavier paint chipping on rocker panels, otherwise good original paint. Newer Michelin Pilot Sport tires. Light wear and soiling on seat backs. March 2009 Missouri inspection sticker on windshield. Tidy underhood and bone stock. Equipped with optional Active Handing, dual power sport seats, Performance rear axle, tire pressure monitor, and Delco-Bose CD/cas- dealer accessory color-keyed mudguards. Aftermarket black plastic door sill carpet protectors. Higher performance Goodyears on the stock rims, which now show heavier wear. Cond: 3. SOLD AT $14,310. Unlike the Grand Sport, the Collector Edition came equipped with the base engine as standard, with the LT4 available only as an upgrade. The seller wisely dropped his reserve at $13k, and buyers unwisely bid twice more beyond that. Mecum Auctions, Kansas City, MO, 3/11. C5 #S11-2000 CHEVROLET CORVETTE convertible. S/N 1G1YY32G9Y5115257. Navy blue metallic/Light Oak cloth/Oak leather. Odo: 57,865 miles. 5.7-L 345-hp fuelinjected V8, 6-sp. Paint mostly original and well cared for, though I think the nose has been resprayed. Light sunburn on windshield wiper arms and plastic cowl cover. Clean, stock engine bay. Minimal wear on driver's seat, basically none on passenger's. Aftermarket billet aluminum shift pattern insert on knob. Optional 6-speed, dual power sport seats, Memory pack- dual zone electronic climate control, dual roof panels, Selective Real Time Dampening, Head Up display, and polished alloys. Cond: 3. NOT SOLD AT $26,000. With the pumped-up drivetrain, driving wear was probably equivalent to double the actual mileage. As aging supercars are a used car crapshoot, no matter how well they were originally built, this was properly bid. Branson, Branson, MO, 4/11. #36-2002 CHEVROLET CORVETTE coupe. S/N 1G1YY22G125104660. Medium Montana Blue Metallic/black leather. Odo: 78,402 miles. 5.7-L 350-hp fuel-injected V8, auto. Some minor scratching in factory paint, but still looks excellent overall. Newer tires on factory rims. Fitted with Head Up display, chrome wheels with newer tires, remote alarm, Active Handling, cold air intake, dark tint, and Borla exhaust. Well maintained and likely a great driver. Cond: 2+. NOT SOLD AT $17,500. A $16,600 no-sale at McCormick's sette. Retains original dealer window sticker from Henderson Chevrolet/ GEO of Henderson, Nevada. Cond: 3. SOLD AT $11,660. I thought I recognized this car as lot F96 from this auction last fall as, but it turned out to be a different car—out of only 4,369 convertibles produced in the C4's final year, I have to find twins! While similar in condition and in the same color combo, this one had more miles. When it didn't make the seller's reserve price, he gave up and cut it loose. Market price. Mecum Auctions, Kansas City, MO, 3/11. Collector #F55-1996 CHEVROLET CORVETTE Edition coupe. 1G1YY2259T5108150. Silver/gray S/N leather. Odo: 57,828 miles. 350-ci 330-hp fuel-injected V8, 6-sp. Mellowing original paint. More soiling than wear on seats and carpeting, more wear than soiling on steering wheel. Tidy but not show-worthy under the hood, with an older replacement AC Delco battery. Dusty original undercarriage. Optional LT4 motor, 76 Corvette Market SPRING 2011 www.corvettemarket.com age, electronic climate control, body side moldings, and polished alloys shod with fresh Michelin Pilot Sports. Aftermarket dummy roll bars behind seats. Cond: 3+. SOLD AT $18,020. Despite being a well-cared-for 58kmiler, the car sold within a realistic range. Perhaps on the low end, but finding good used C5s is just not that hard. Still, as there were lots of good miles left in her, call it well bought. Mecum Auctions, Kansas City, MO, 3/11. #328-2000 CHEVROLET CORVETTE Lingenfelter Stage 2 Twin Turbo coupe. S/N 1G1YY22G9Y5106634. Arctic White/red leather. Odo: 25,028 miles. 5.7-L 650-hp turbocharged V8, 6-sp. Modified by Lingenfelter with twin turbo package, and featured in period magazines. Light nicks and chips in the original paint, buffs out rather nicely. Rear hatch lift struts inoperable. Rear tires bald. Interior wear commensurate with mileage. Lingenfelter sale in Palm Springs, CA, a month ago, in February 2011 (CM# 177376). The market for C5s like this is in a slow decline, especially now that C6s are starting to get cheaper. This one had a lot going for it, but the seller was obviously pretty proud of it. The high bid was slightly below market for an example in this condition, but it'll probably be looking pretty good in about a year. Silver Auctions, Portland, OR, 3/11. C6 coupe. #309-2005 CHEVROLET CORVETTE S/N 1G1YY24UX55105278. Black/black leather. Odo: 22,947 miles. 6.0-L 500-hp fuel-injected V8, 6-sp. Mileage claimed actual since new. Fitted with several mods, including cold air intake, FAST aluminum intake manifold, heavier sway bars, Bassani stainless steel exhaust, and plus-2 sized polished aluminum wheels. Heavy buffing swirl sheen. Rock chip in windshield. Moderate interior wear overall, with holes from past modifica


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tions. Factory options include 6-speed, select ride control, tinted roof panel, twin heated power seats, electronic climate control and Head Up display. Cond: 3. NOT SOLD AT $23,000. A $22k no-sale at Mecum Indy in May, 2010 (CM# 162709), then a $25k no-sale at Mecum's Des Moines, IA, sale in July 2010 (CM# 165605), and bid somewhere in between today. At this rate, the car will outdo me for Frequent Flyer auction attendee Branson, Branson, MO, 4/11. miles. #F76.1-2006 CHEVROLET CORVETTE convertible. S/N 1G1YY36U465112005. Velocity Yellow/black cloth/black leather. Odo: 24,006 miles. 6.0-L 400-hp fuel-injected V8, 6-sp. Good original paint but filthy in places. The back end and undercarriage look as though the car was driven to the auction from northern Minnesota—salt spray and all. At least the interior was clean and vacuumed out. Relatively tidy under the hood. Equipped with optional 6-speed, 3LT equipment package, and navigation. Cond: 3+. NOT SOLD AT $28,000. With absolutely zero attention paid to preparation or presentation, the wholesale pricing bid was about right. The seller will need to pony up the six bucks for a drivethrough car wash if he wants to get more. Mecum Auctions, Kansas City, MO, 3/11. Z06 Wil Cooksey Edition coupe. S/N 1G1YY26E98S127881. Crystal #668-2008 CHEVROLET CORVETTE Red & black/black leather. Odo: 3,900 miles. 7.0-L 505-hp fuel-injected V8, 6-sp. $85,000 MSRP included $13,000 for Wil Cooksey package. Exterior looks showroom fresh with only a slight scuff on air dam lip from parking stump. Nice leather trim dash and unmarked interior. Great color combo on all 427 units offered to North America. Cond: 2+. NOT SOLD AT $58,000. What a good looking car, and for the money, I know it would be a ton of fun. Modern Z06 Vettes are some of the best-driving cars out there... for the money. However, I am not sure I see the value in a $13,000 Wil Cooksey appearance package, with such features as chrome wheels, seat upholstery, and personal autograph. The bid looked pretty close to market, even with only 3,900 miles. Auctions America by RM, Fort Lauderdale, FL, 3/11. ■ www.corvettemarket.com SPRING 2011 Corvette Market 77


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By the Numbers Top 85 Corvette Sales at Auction February 2011 through April 2011* 1965 Corvette 396/425 L78 convertible “Bloomington Gold Benchmark,” sold for $199,280 at Mecum, Kansas City Rank Year Model 1 1965 Chevrolet Corvette 396/425 L78 convertible “Bloomington Gold Benchmark” 2 2012 Chevrolet Corvette Z06 Centennial Edition coupe 3 1958 Chevrolet Corvette 283/290 convertible 4 1967 Chevrolet Corvette 427/435 L71 convertible 5 1959 Chevrolet Corvette Custom convertible 6 2009 Chevrolet Corvette ZR1 coupe 7 1955 Chevrolet Corvette 265/195 roadster 8 1967 Chevrolet Corvette 427/400 L68 convertible 9 1966 Chevrolet Corvette 427/390 L36 convertible 10 1957 Chevrolet Corvette 283/283 Fuelie convertible 11 1966 Chevrolet Corvette 427/450 L72 convertible 12 1958 Chevrolet Corvette 283/245 convertible 13 1956 Chevrolet Corvette 265 convertible 1962 Chevrolet Corvette 327/360 convertible 15 1958 Chevrolet Corvette Custom convertible 16 1961 Chevrolet Corvette 283/245 convertible 17 1955 Chevrolet Corvette 265/195 roadster 1966 Chevrolet Corvette 427/450 convertible 1959 Chevrolet Corvette convertible 1956 Chevrolet Corvette LS1 Custom convertible 21 1967 Chevrolet Corvette 427/400 L68 convertible 22 1966 Chevrolet Corvette 427/450 L72 convertible 23 1963 Chevrolet Corvette 327/360 L84 coupe 24 1962 Chevrolet Corvette 327/340 convertible 25 1966 Chevrolet Corvette 427/390 L36 convertible 26 1957 Chevrolet Corvette 283/245 convertible 1962 Chevrolet Corvette 327/340 convertible 78 Corvette Market SPRING 2011 www.corvettemarket.com Sold Price Location $199,280 Mecum, Kansas City, MO $175,000 Barrett-Jackson, Palm Beach, FL $164,594 Bonhams, Paris, FRA $121,000 RM, Amelia Island, FL $113,300 Barrett-Jackson, Palm Beach, FL $99,000 Barrett-Jackson, Palm Beach, FL $96,800 Barrett-Jackson, Palm Beach, FL $95,700 Barrett-Jackson, Palm Beach, FL $93,960 Branson, Branson, MO $93,500 Barrett-Jackson, Palm Beach, FL $91,300 Barrett-Jackson, Palm Beach, FL $91,300 Barrett-Jackson, Palm Beach, FL $89,100 Barrett-Jackson, Palm Beach, FL $88,000 Barrett-Jackson, Palm Beach, FL $85,800 Barrett-Jackson, Palm Beach, FL $85,800 Barrett-Jackson, Palm Beach, FL $85,800 Barrett-Jackson, Palm Beach, FL $85,800 Barrett-Jackson, Palm Beach, FL $84,000 McCormick, Palm Springs, CA $83,600 Barrett-Jackson, Palm Beach, FL $82,680 Mecum, Kansas City, MO $79,200 Barrett-Jackson, Palm Beach, FL $78,100 Leake, Oklahoma City, OK $77,000 RM, Amelia Island, FL $77,000 Barrett-Jackson, Palm Beach, FL Lot # Date S65 3/11/2011 654.1 4/7/2011 359 2/5/2011 177 3/12/2011 660 4/7/2011 $106,899 Collector Car Productions, Toronto, CAN SP37 4/8/2011 $104,500 RM, Amelia Island, FL 113 3/12/2011 649.2 4/7/2011 650 4/7/2011 657.1 4/7/2011 586 4/8/2011 689.4* 4/7/2011 650.2 4/7/2011 635 4/7/2011 652 4/7/2011 361 4/7/2011 665.3 4/7/2011 658.2 4/7/2011 672 4/7/2011 646 4/7/2011 120 2/25/2011 665.1 4/7/2011 F111.1 3/11/2011 631 4/7/2011 2483 2/18/2011 176 3/12/2011 371.1 4/7/2011 *Auction sales as recorded from February 26 through April 25 in the Corvette Market Digital Plus database (www.corvettemarket.com).


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Rank Year Model 28 1966 Chevrolet Corvette 427/425 L72 convertible 29 1967 Chevrolet Corvette 427/435 L71 coupe 30 1966 Chevrolet Corvette coupe 31 1960 Chevrolet Corvette 283/270 convertible 32 1958 Chevrolet Corvette 283/230 convertible 33 1956 Chevrolet Corvette convertible 34 1967 Chevrolet Corvette 327/350 L79 convertible 35 1964 Chevrolet Corvette 327/375 Fuelie convertible 36 1961 Chevrolet Corvette 283/245 convertible 1963 Chevrolet Corvette 327/375 L84 Fuelie coupe 38 1966 Chevrolet Corvette 427/425 L72 coupe 39 1956 Chevrolet Corvette 265/225 convertible 40 1968 Chevrolet Corvette 427/435 L71 convertible 41 1955 Chevrolet Corvette roadster 42 1965 Chevrolet Corvette 327/365 L76 convertible 43 1966 Chevrolet Corvette 327/300 L75 convertible 44 1964 Chevrolet Corvette 327/375 L84 Fuelie convertible 45 1966 Chevrolet Corvette 327/350 L79 coupe 46 1962 Chevrolet Corvette 327/340 convertible 47 1961 Chevrolet Corvette Custom convertible 48 1965 Chevrolet Corvette 327/300 L75 convertible 49 1965 Chevrolet Corvette 327/365 L76 convertible 50 1963 Chevrolet Corvette 327/300 L75 coupe 1965 Chevrolet Corvette 327/375 L84 Fuelie convertible 52 1967 Chevrolet Corvette coupe 53 1966 Chevrolet Corvette 327/300 L75 convertible 54 1956 Chevrolet Corvette 265 convertible 1965 Chevrolet Corvette 327 convertible 2008 Chevrolet Corvette ZHZ coupe 57 1967 Chevrolet Corvette 327/300 L75 convertible 58 1966 Chevrolet Corvette 427 convertible 59 1964 Chevrolet Corvette convertible 60 1967 Chevrolet Corvette 327/300 L75 coupe 61 1960 Chevrolet Corvette 350 Custom convertible 62 1965 Chevrolet Corvette 327/300 L75 convertible 63 1963 Chevrolet Corvette 350 Custom convertible 64 1967 Chevrolet Corvette 327/350 L79 convertible 65 1966 Chevrolet Corvette convertible 66 1961 Chevrolet Corvette convertible 67 1965 Chevrolet Corvette convertible 68 1965 Chevrolet Corvette 327/300 L75 convertible 69 1966 Chevrolet Corvette 327/300 L75 convertible 70 1962 Chevrolet Corvette 327/360 Fuelie convertible 71 1963 Chevrolet Corvette 327/300 L75 convertible 73 1968 Chevrolet Corvette 427/400 L68 convertible 1967 Chevrolet Corvette convertible 74 1967 Chevrolet Corvette 327/300 L75 convertible 1958 Chevrolet Corvette convertible 76 1969 Chevrolet Corvette 426-ci Hemi Funny Car 77 2002 Chevrolet Corvette Avelate coupe 78 1970 Chevrolet Corvette 454/390 LS5 convertible 79 1966 Chevrolet Corvette 327/350 L79 coupe 80 1970 Chevrolet Corvette 350/370 LT1 81 1963 Chevrolet Corvette 350 Custom convertible 82 1964 Chevrolet Corvette 327 convertible 83 1966 Chevrolet Corvette convertible 84 1967 Chevrolet Corvette convertible 85 1966 Chevrolet Corvette coupe Sold Price Location $75,900 Auctions America, Ft. Lauderdale, FL $73,700 Barrett-Jackson, Palm Beach, FL $71,400 McCormick, Palm Springs, CA $70,950 Auctions America, Ft. Lauderdale, FL $67,100 Gooding & Co., Amelia Island, FL $66,000 Worldwide Group, Atlantic City, NJ $63,600 Mecum, Kansas City, MO $63,250 Auctions America by RM, Carlisle, PA $62,150 Auctions America, Ft. Lauderdale, FL $62,150 Auctions America, Ft. Lauderdale, FL $61,600 Barrett-Jackson, Palm Beach, FL $60,375 McCormick, Palm Springs, CA $59,950 Auctions America by RM, Carlisle, PA $59,850 McCormick, Palm Springs, CA $59,400 Gooding & Co., Amelia Island, FL $59,360 Mecum, Kansas City, MO $59,000 Auctions America, Ft. Lauderdale, FL $58,800 McCormick, Palm Springs, CA $58,300 Barrett-Jackson, Palm Beach, FL $57,200 Barrett-Jackson, Palm Beach, FL $56,180 Mecum, Kansas City, MO $56,100 Barrett-Jackson, Palm Beach, FL $55,000 Auctions America, Ft. Lauderdale, FL $55,000 Auctions America, Ft. Lauderdale, FL $54,075 McCormick, Palm Springs, CA $54,060 Mecum, Kansas City, MO $53,900 Auctions America, Ft. Lauderdale, FL $53,900 Barrett-Jackson, Palm Beach, FL $53,900 Barrett-Jackson, Palm Beach, FL $53,000 Mecum, Kansas City, MO Lot # Date 520 3/4/2011 662.1 4/7/2011 172 2/25/2011 474 3/4/2011 42 3/11/2011 46 2/18/2011 S64 3/11/2011 565 4/28/2011 154 3/4/2011 829 3/4/2011 679 4/7/2011 169 2/25/2011 607 4/28/2011 405 2/25/2011 7 3/11/2011 S130 3/11/2011 181 3/4/2011 390 2/25/2011 642 4/7/2011 645.1 4/7/2011 S82 3/11/2011 675.1 4/7/2011 589 3/4/2011 540 3/4/2011 236 2/25/2011 S51 3/11/2011 532 3/4/2011 365.2 4/7/2011 88 4/7/2011 S60 3/11/2011 $50,725 Collector Car Productions, Toronto, CAN 125 4/8/2011 $50,400 G. Potter King, Atlantic City, NJ $50,000 Auctions America, Ft. Lauderdale, FL $49,820 Mecum, Kansas City, MO $49,500 Leake, San Antonio, TX $48,950 Barrett-Jackson, Palm Beach, FL $48,760 Mecum, Kansas City, MO $48,300 McCormick, Palm Springs, CA $47,300 Auctions America, Ft. Lauderdale, FL $47,250 G. Potter King, Atlantic City, NJ $46,750 Barrett-Jackson, Palm Beach, FL $46,110 Mecum, Kansas City, MO $46,000 Auctions America, Ft. Lauderdale, FL $45,100 Auctions America, Ft. Lauderdale, FL $43,450 Barrett-Jackson, Palm Beach, FL $43,450 Auctions America, Ft. Lauderdale, FL $42,900 Barrett-Jackson, Palm Beach, FL $42,900 Auctions America by RM, Carlisle, PA $42,400 Mecum, Kansas City, MO $41,800 Auctions America, Ft. Lauderdale, FL $41,340 Mecum, Kansas City, MO $39,050 Auctions America, Ft. Lauderdale, FL $38,500 Auctions America by RM, Carlisle, PA $37,695 McCormick, Palm Springs, CA $37,630 Mecum, Kansas City, MO $37,275 G. Potter King, Atlantic City, NJ $36,225 G. Potter King, Atlantic City, NJ $34,100 Auctions America by RM, Carlisle, PA 97 2/18/2011 479 3/4/2011 F239 3/11/2011 471 4/8/2011 353 4/7/2011 S105.1 3/11/2011 396 2/25/2011 676 3/4/2011 358 2/18/2011 369 4/7/2011 S52 3/11/2011 538 3/4/2011 505 3/4/2011 637.2 4/7/2011 765 3/4/2011 364 4/7/2011 603 4/28/2011 F169 3/11/2011 411 3/4/2011 S59.1 3/11/2011 161 3/4/2011 153 4/28/2011 179 2/25/2011 F185 3/11/2011 443 2/18/2011 76 2/18/2011 573 4/28/2011 www.corvettemarket.com SPRING 2011 Corvette Market 79


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Price Guide Buy-Sell Price Range Low High C1 (1953–62) 235/150 Roadster 235/150 Roadster 235/155 Roadster 265/195 265/210 Convertible 265/225 283/220 Convertible 283/245 283/250 FI 283/270 283/283 FI 283/230 Convertible 283/245 283/250 FI 283/270 283/290 FI 283/230 Convertible 283/245 283/250 FI 283/270 283/290 FI 283/230 Convertible 283/245 283/250 FI 283/270 283/290 FI 283/230 Convertible 283/245 283/270 283/275 FI 283/315 FI 327/250 Convertible 327/300 327/340 327/360 FI 327/250 Split-Window Coupe 327/300 L75 327/340 L76 327/360 FI L84 327/360 Z06 327/250 Convertible 327/300 L75 327/340 L76 327/360 FI L84 Grand Sport 327/250 Coupe 327/300 L75 327/365 L76 53 54 55 55 56 56 57 57 57 57 57 58 58 58 58 58 59 59 59 59 59 60 60 60 60 60 61 61 61 61 61 62 62 62 62 (1956–62, add $2k–$4k for auxiliary hard top.) C2 (1963–67) 63 63 63 63 63 63 63 63 63 63 64 64 10,594 10,919 $40,000 $43,000 $50,400 $73,400 $127,000 $35,000 $36,000 $39,000 $65,000 5 8,304 $71,200 A $82,000 A $83,000 A $136,400 A $191,000 A $63,000 B $66,000 B $72,000 B $135,400 A $6,000,000 $10,000,000 A $32,700 $33,400 $52,400 B $57,700 B 80 Corvette Market SPRING 2011 www.corvettemarket.com HHH HHH HHH HHH HHHH HHH HHH HHH HHH HHHH HHH HHH 300 3,640 7 693 387 3,080 1,633 2,045 284 1,621 756 4,243 2,436 504 978 1,007 5,487 1,417 175 1,846 745 5,827 1,211 100 2,364 759 5,357 1,175 2,827 118 1,462 4,907 3,294 4,412 1,918 $125,000 $65,000 $62,000 $65,000 $45,000 $50,000 $44,300 $49,200 $59,000 $49,200 $70,200 $39,400 $44,300 $52,800 $48,100 $68,200 $38,400 $43,300 $53,500 $47,200 $66,900 $39,400 $47,600 $52,800 $48,200 $67,900 $40,400 $45,300 $49,200 $55,800 $66,900 $44,300 $48,600 $51,200 $75,100 $225,000 A $108,000 B $125,000 B $122,000 A $85,000 B $86,700 B $88,500 B $93,500 B $113,100 A $92,800 B $119,900 A $76,700 B $99,900 B $105,300 B $85,600 B $125,000 B $70,800 B $81,700 B $100,400 B $95,600 B $124,000 B $82,700 B $84,600 B $100,000 B $91,900 B $125,000 B $66,800 B $85,300 B $86,600 B $100,400 B $131,300 B $78,700 B $86,600 B $91,500 B $141,700 B HHHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHHH 327/375 FI L84 327/250 Convertible 327/300 L75 327/365 L76 327/375 FI L84 327/250 Coupe 327/300 L75 327/350 L79 327/365 L76 327/375 FI L84 396/425 L78 327/250 Convertible 327/300 L75 327/350 L79 327/365 L76 327/375 FI L84 396/425 L78 327/300 Coupe 327/350 L79 427/390 L36 427/425 L72 327/300 Convertible 327/350 L79 427/390 L36 427/425 L72 327/300 Coupe 327/350 L79 427/390 L36 427/400 L68 427/430 L88 427/435 L71 327/300 Convertible 327/350 L79 427/390 L36 427/400 L68 427/430 L88 427/435 L71 C3 (1968–82) 327/300 Coupe 327/350 L79 427/390 L36 427/400 L68 427/430 L88 427/435 L71 427/435 L89 327/300 Convertible 327/350 L79 64 64 64 64 64 64 65 65 65 65 65 65 65 65 65 65 65 65 66 66 66 66 66 66 66 66 67 67 67 67 67 67 67 67 67 67 67 67 13,925 Buy-Sell Price Range Low High 8,186 15,378 9,958 17,762 8,504 $36,900 $55,700 $35,000 $37,000 $39,000 $56,700 $38,400 $38,400 $41,000 $43,000 $63,700 $65,700 $39,000 $39,000 $42,000 $43,000 $64,700 $71,400 $38,000 $43,000 $56,000 $68,700 $40,000 $45,000 $58,000 $70,000 $45,000 $48,000 $62,000 $72,000 14,436 $61,000 B $96,400 A $58,000 B $62,700 B $62,700 B $98,400 A $69,700 B $63,400 B $75,000 B $78,000 B $115,400 A $127,000 A $70,400 A $75,000 B $80,000 B $85,000 B $123,000 A $127,000 B $72,400 B $76,400 B $94,700 B $127,000 B $80,000 A $83,000 B $115,000 B $127,000 A $79,400 B $85,000 B $109,000 B $130,000 B $1,200,000 $2,000,000 A $96,400 $46,700 $50,000 $65,000 $75,000 $177,700 A $92,700 B $100,000 B $131,000 B $143,700 A $1,216,700 $2,033,400 A $95,000 $187,400 A HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHHH HHH HHH HHH HHH HHH HHHH HHH (For 1963–67, add $2k–$3k for side exhaust; $2k–$4k for auxiliary hard top; $4k–$6k for a/c; $5k–$8k for knockoff wheels; $6k–$10k for aluminum wheels.) 68 68 68 68 68 68 68 68 68 9,936 18,630 $18,000 $20,000 $25,000 $28,000 $275,000 $40,000 $54,000 $24,000 $26,000 $35,400 $41,000 $50,000 $58,000 C C C C $371,700 A $72,000 B $95,000 B $46,400 $52,000 C C HHH HHH HHH HHH HHH HHH HHH HHH HHH *Predicted appreciation over twelve months, where five-star cars will out-perform market at large, three-star cars are fully priced, and one-star cars are still depreciating Yrs. Built No. Made Investment Grade Appreciation Rating* Yrs. Built No. Made Investment Grade Appreciation Rating*


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Buy-Sell Price Range Low High 427/390 L36 427/400 L68 427/430 L88 427/435 L71 427/435 L89 350/300 Coupe 350/350 L46 427/390 L36 427/400 L68 427/430 L88 427/435 L71 427/435 L89 427/430 ZL1 350/300 Convertible 350/350 L46 427/390 L36 427/400 L68 427/430 L88 427/435 L71 427/435 L89 350/300 Coupe 68 68 68 68 68 69 69 69 69 69 69 69 69 69 69 69 69 69 69 69 70 22,129 $36,000 $35,000 $325,000 $46,800 $59,700 $18,000 $21,000 $25,000 $29,000 $283,400 $40,400 $50,000 16,633 $61,000 $69,000 C C $450,000 A $84,400 B $110,700 B $38,400 $43,000 $52,000 $64,700 C C C C $416,700 A $79,400 B $93,000 B 10,668 $2,000,000 $3,000,000 A $22,700 $24,000 $30,000 $34,000 $291,700 $51,700 $69,000 $18,500 $48,000 $55,000 $63,000 $70,000 C C C C $375,000 A $110,000 B $118,400 B $39,000 C HHH HHH HHHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHHH HHH HHH HHH HHH HHHH HHH HHH HHH 350/350 L46 350/370 LT1 454/390 LS5 350/300 Convertible 350/350 L46 350/370 LT1 454/390 LS5 350/270 Coupe 350/330 LT1 454/365 LS5 454/425 LS6 350/270 Convertible 350/330 LT1 454/365 LS5 454/425 LS6 350/200 Coupe 350/255 LT1 454/270 LS5 300/250 Convertible 350/255 LT1 454/270 LS5 70 70 70 70 70 70 70 71 71 71 71 71 71 71 71 72 72 72 72 72 72 Buy-Sell Price Range Low High 6,648 14,680 7,121 20,496 6,508 $22,000 $28,000 $27,000 $24,000 $25,000 $33,000 $33,000 $18,000 $25,000 $25,000 $71,000 $25,000 $31,000 $33,000 $90,000 $18,500 $26,500 $27,500 $25,000 $35,000 $33,000 $40,000 $56,000 C C $58,000 B $50,000 $55,000 $68,000 C C C $70,000 B $36,900 $53,000 C C $55,000 B $160,000 A $48,000 $65,000 C C $67,000 B $191,700 A $40,000 $55,000 $56,000 $51,000 $66,000 $67,000 C C C C C C HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH *Predicted appreciation over twelve months, where five-star cars will out-perform market at large, three-star cars are fully priced, and one-star cars are still depreciating www.corvettemarket.com SPRING 2011 Corvette Market 81 Yrs. Built No. Made Investment Grade Appreciation Rating* Yrs. Built No. Made Investment Grade Appreciation Rating*


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Price Guide Buy-Sell Price Range Low High (1968–72, add $1k–$2k for auxiliary hard top; $2k–$3k for a/c.) 350/190 Coupe 350/250 L82 454/275 LS4 350/190 Convertible 350/250 L82 454/275 LS4 350/195 Coupe 350/250 L82 454/270 LS4 350/195 Convertible 350/250 L82 454/270 LS4 350/165 Coupe 350/205 L82 350/165 Convertible 350/205 L82 350/180 Coupe 350/210 L82 350/180 Coupe 350/210 L82 350/185 Coupe 350/220 L82 350/185 Silver Anniversary 350 /220 L82 350/185 Pace Car 350/220 L82 350/195 Coupe 350/225 L82 350/190 Coupe 350/230 L82 305/180 (California only) 350/190 Coupe 350/200 Coupe 350/200 Collector Edition 73 73 73 73 73 73 74 74 74 74 74 74 75 75 75 75 76 76 77 77 78 78 78 78 78 78 79 79 80 80 80 81 82 82 Convertible Malcolm Konner Comm. Coupe Coupe Convertible Callaway Cpe/Cvt Coupe Convertible 35th Anniversary coupe Challenge Racer 84 85 86 86 86 87 87 25,521 4,943 32,028 5,474 33,836 4,629 46,558 49,213 24,991 15,283 6,502 53,807 40,614 40,606 18,648 6,759 51,547 39,729 27,794 7,315 50 87 88 88 88 88 188 inc. 15,382 7,407 2,050 inc. 56 inc. $13,000 $15,000 $17,000 $20,000 $22,000 $24,000 $11,000 $14,000 $15,000 $19,000 $21,000 $22,000 $10,000 $12,500 $18,000 $20,000 $9,000 $11,000 $9,500 $12,000 $9,900 $12,800 $12,800 $15,800 $19,700 $19,700 $10,400 $13,300 $11,800 $13,800 $9,900 $11,800 $11,800 $16,800 $5,500 $6,000 $6,500 $9,500 $24,000 $28,000 $33,000 $33,000 $40,000 $42,000 $23,000 $28,000 $30,000 $32,000 $36,000 $40,000 $19,000 $23,000 $33,000 $37,000 $16,000 $20,000 $18,000 $22,000 $17,700 $22,700 $24,600 $29,500 $34,500 $39,400 $18,700 $23,600 $19,700 $23,600 C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C $17,700 D $20,700 $21,700 $29,500 C C C 20,007 10,625 $10,000 $7,500 $10,000 $20,000 $7,500 $10,000 $12,500 $25,900 82 Corvette Market SPRING 2011 www.corvettemarket.com $8,500 D $9,000 D $10,500 D $16,000 D $20,000 D $11,500 D $16,000 D HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH HHH (1973–82, add $750 for aluminum wheels, $1,250 for auiliary hard top. 1978–82, add $650 for glass top.) C4 (1984–96) Coupe Coupe Coupe HH HH HH HH HH HH HH $32,000 D $11,000 D $16,000 D $21,400 D $39,200 D HH HH HH HH HH Callaway Cpe/Cvt Coupe Convertible Challenge Racer Callaway Cpe/Cvt Coupe ZR-1 coupe Convertible Callaway Cpe/Cvt World Challenge Racer Coupe ZR-1 coupe Convertible Callaway Cpe/Cvt Coupe ZR-1 coupe Convertible Coupe ZR-1 coupe Convertible 40th Anniversary coupe 40th Anniversary convertible 40th Anniversary ZR-1 coupe Coupe ZR-1 coupe Convertible Coupe ZR-1 coupe Convertible Pace Car convertible Coupe Convertible Collector Edition coupe Collector Edition convertible Grand Sport coupe Grand Sport convertible 88 89 89 89 89 90 90 90 90 90 91 91 91 91 92 92 92 93 93 93 93 93 93 94 94 94 95 95 95 95 96 96 96 96 96 96 Convertible Pace Car convertible Coupe Convertible Hard top Coupe Convertible Hard top Coupe 97 98 98 98 99 99 99 00 00 00 01 125 inc. 16,663 9,749 60 inc. 67 inc. 12,967 3,049 7,630 58 inc. 23 inc. 12,923 2,044 5,672 71 inc. 14,102 502 5,875 15,396 448 5,692 6,749 inc. inc. inc. 17,536 448 5,346 15,323 448 4,444 527 12,326 2,798 4,031 1,381 810 190 9,752 Buy-Sell Price Range Low High $20,000 $7,500 $10,900 $25,500 $21,000 $8,000 $21,500 $9,700 $21,000 $24,000 $9,500 $19,900 $11,900 $21,500 $10,000 $20,700 $11,900 $10,000 $21,500 $12,900 $13,900 $18,200 $32,900 $11,000 $30,900 $14,900 $12,000 $31,100 $14,900 $24,700 $13,400 $15,900 $16,200 $18,000 $24,000 $28,900 19,235 10,686 1,163 18,078 11,161 4,031 18,113 13,479 2,090 15,681 $15,500 $16,200 $20,000 $26,700 $17,700 $21,400 $17,000 $19,000 $22,500 $18,000 $21,900 $31,000 D $12,000 D $16,700 D $39,200 D $32,000 D $13,000 D $30,000 C $17,400 D $32,000 D $35,700 D $13,000 D $30,400 C $18,200 D $32,000 D $14,000 D $32,500 C $18,400 D $14,000 D $34,700 C $18,700 D $21,700 D $26,400 $42,300 C C $16,000 D $42,400 C $19,700 D $16,500 D $43,700 C $19,000 D $32,500 D $17,700 D $21,200 D $24,500 D $28,400 D $39,000 $53,000 C C (1984–96, add $1,300 for auxiliary hard top, $600 for 6-sp, $3,000 for LT4 in 1996.) C5 (1997–2004) Coupe Coupe $20,200 D $20,900 D $26,700 D $34,900 D $22,400 D $27,000 D $21,500 D $24,200 D $27,000 D $22,700 D $25,900 D HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HH HHH HHH HH HH HH HH HH HH HH HH HH HH HH Yrs. Built No. Made Investment Grade Appreciation Rating* Yrs. Built No. Made Investment Grade Appreciation Rating*


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Buy-Sell Price Range Low High Convertible Z06 hard top Coupe Convertible Z06 hard top Coupe Convertible Z06 hard top 50th Anniversary coupe 50th Anniversary convertible Coupe Convertible Z06 hard top Commemorative coupe Commemorative convertible Z06 Commemorative hard top C6 (2005–present) Coupe Convertible Coupe Convertible Z06 coupe Coupe Convertible Pace Car convertible Z06 coupe Ron Fellows Z06 coupe Coupe Pace Car coupe Convertible Pace Car convertible Z06 coupe Coupe Convertible Z06 coupe ZR1 coupe Coupe Grand Sport coupe Convertible Grand Sport convertible Z06 coupe ZR1 coupe 01 01 02 02 02 03 03 03 03 03 04 04 04 04 04 04 05 05 06 06 06 07 07 07 07 07 08 08 08 08 08 09 09 09 09 10 10 10 10 10 10 14,173 5,773 14,760 12,710 8,297 8,727 6,475 8,635 4,085 7,547 13,950 9,557 3,658 2,215 2,659 2,025 26,278 10,644 16,598 11,151 6,272 21,484 10,918 500 8,159 399 19,796 234 7,283 266 7,731 8,737 3,343 3,461 1,415 3,054 3,707 1,003 2,335 518 1,577 $24,000 $24,000 $22,900 $26,500 $24,900 $24,500 $29,400 $26,500 $28,700 $31,000 $25,900 $30,700 $30,700 $26,700 $32,200 $30,000 $29,400 $35,900 $33,200 $38,700 $48,700 $34,400 $40,500 $41,000 $52,900 $61,200 $34,200 $36,200 $41,500 $42,500 $57,000 $41,000 $45,000 $55,000 $95,100 $44,500 $49,800 $48,800 $53,300 $67,600 $99,900 $30,000 D $30,500 C $28,900 D $33,000 D $33,500 C $30,000 D $34,700 D $33,700 C $36,000 D $40,200 D $31,700 D $37,000 D $35,200 C $33,500 D $36,700 D $37,400 C $37,200 D $40,900 D $38,500 D $44,200 D $54,200 C $39,900 D $47,500 D $47,500 D $56,700 $65,000 C C $41,400 D $43,000 D $48,400 D $49,500 D $62,500 C $45,000 D $49,000 D $66,500 $105,000 C C $56,600 (MSRP) $62,500 (MSRP) $63,300 (MSRP) $68,300 (MSRP) $81,450 (MSRP) $116,880 (MSRP) D C D C C C HH HH HH HH H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H (Note: Bloomington Gold, NCRS certification, or racing history can add significantly to the value of a Corvette.) *Predicted appreciation over twelve months, where five-star cars will out-perform market at large, three-star cars are fully priced, and one-star cars are still depreciating Special Introductory Offer $48 · One year of Sports Car Market magazine www.sportscarmarket.com/offer48 877-219-2605 Ext. 1 · Free Collector Car Price Guide · Knowledge the Experts Use www.corvettemarket.com SPRING 2011 Corvette Market 83 $ Value 126 Buy-Sell -Sell Price Range Low High Convertible Z06 hard top Co ll Price Range Low High Convertible Z06 hard top Coupe Convertible Z06 hard top Coupe Convertible Z06 hard top 50th Anniversary coupe 50th Anniversary convertible Coupe Convertible Z06 hard top Commemorative coupe Commemorative convertible Z06 Commemorative hard top C6 (2005–present) Coupe Convertible Coupe Convertible Z06 coupe Coupe Convertible Pace Car convertible Z06 coupe Ron Fellows Z06 coupe Coupe Pace Car coupe Convertible Pace Car convertible Z06 coupe Coupe Convertible Z06 coupe ZR1 coupe Coupe Grand Sport coupe Convertible Grand Sport convertible Z06 coupe ZR1 coupe 01 01 02 02 02 03 03 03 03 03 04 04 04 04 04 04 05 05 06 06 06 07 07 07 07 07 08 08 08 08 08 09 09 09 09 10 10 10 10 10 10 14,173 5,773 14,760 12,710 8,297 8,727 6,475 8,635 4,085 7,547 13,950 9,557 3,658 2,215 2,659 2,025 26,278 10,644 16,598 11,151 6,272 21,484 10,918 500 8,159 399 19,796 234 7,283 266 7,731 8,737 3,343 3,461 1,415 3,054 3,707 1,003 2,335 518 1,577 $24,000 $24,000 $22,900 $26,500 $24,900 $24,500 $29,400 $26,500 $28,700 $31,000 $25,900 $30,700 $30,700 $26,700 $32,200 $30,000 $29,400 $35,900 $33,200 $38,700 $48,700 $34,400 $40,500 $41,000 $52,900 $61,200 $34,200 $36,200 $41,500 $42,500 $57,000 $41,000 $45,000 $55,000 $95,100 $44,500 $49,800 $48,800 $53,300 $67,600 $99,900 $30,000 D $30,500 C $28,900 D $33,000 D $33,500 C $30,000 D $34,700 D $33,700 C $36,000 D $40,200 D $31,700 D $37,000 D $35,200 C $33,500 D $36,700 D $37,400 C $37,200 D $40,900 D $38,500 D $44,200 D $54,200 C $39,900 D $47,500 D $47,500 D $56,700 $65,000 C C $41,400 D $43,000 D $48,400 D $49,500 D $62,500 C $45,000 D $49,000 D $66,500 $105,000 C C $56,600 (MSRP) $62,500 (MSRP) $63,300 (MSRP) $68,300 (MSRP) $81,450 (MSRP) $116,880 (MSRP) D C D C C C HH HH HH HH H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H H (Note: Bloomington Gold, NCRS certification, or racing history can add significantly to the value of a Corvette.) *Predicted appreciation over twelve months, where five-star cars will out-perform market at large, three-star cars are fully priced, and one-star cars are still depreciating Special Introductory Offer $48 · One year of Sports Car Market magazine www.sportscarmarket.com/offer48 877-219-2605 Ext. 1 · Free Collector Car Price Guide · Knowledge the Experts Use www.corvettemarket.com SPRING 2011 Corvette Market 83 $ Value 126 Sports Sports Car Market Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends “Sports Car Market magazine is the Cigar Aficionado for collectible cars.” — Robert Lutz, former President of GM North America, SCM subscriber since 1995 Yrs. Built No. Made Investment Grade Appreciation Rating* Yrs. Built No. Made Investment Grade Appreciation Rating*


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Trick Stuff What you need for your Corvette and where to get it. By Tony Piff Grill ‘em up on Your BBQ Corvette Swissvax for the shine of the show, Corvette cookies and a C6 Mini Maglite Wagon collapses so you won't This little red wagon folds up small enough to tuck behind the seat of your pickup truck. For swapmeet browsing, carrying the compact package with one hand is much more appealing than pushing around an empty wheelbarrow. When you come across a good score, unfold and load up! Alternatively, the removable canopy provides shade for cranky brats or a tired pooch, perhaps while strolling the car show. A separate rear storage compartment leaves room for water bottles, jackets, tools, trophies, etc. $159 from Eckler's. www.ecklers.com Swissvax shine kit Corvette Market readers understand that when it comes time to show a car (or sell one), presentation is everything. For 80 years, Swissvax has been providing the ultimate in car detailing products. Their $999 “Master Collection with Concorso wax” includes an intimidating array of bottles, tubs, brushes, and pads to treat a car's every surface, inside and out, an in-depth instruction manual, and a high quality duffel to keep it all organized. For just $169, you can try out the Swissvax “Discovery Kit.” www.swissvax.us Corvette cookies Corvette-minded kids will enjoy drag-racing these delicious, low-fat snacks and then sending them to the “crusher.” With all the vroomvrooming and tire-squealing, you'll probably have to remind them to chew with their lips closed, but grown-ups savoring their ultimate sports car cookies in private can do as they please. Each box contains an assortment of Corvette body styles. $2.99 a box, or $12.99 for six. www.mamotorworks.com Smokin' barbecue At long last, barbecue season is officially here. Bauer Designs builds one-of-a-kind barbecues out of salvaged cars, so when you're done smoking the tires on your C4, you can smoke some brisket on your other C4! The made-to-order machines crank out 65,000 BTUs and have four controls, with the option of a Panini press side burner, infrared, and engraved wood and aluminum handles and knobs. If you can source a salvaged C1, C2, or C3, Bauer can probably do those, too. www.bbqvette.com 84 Corvette Market SPRING 2011 www.corvettemarket.com C5 or C6 Mini-Maglite and Swiss Army knife You can never have enough Maglites. The Mini is my go-to gift for any person, any occasion, even if I gave you one last year. Corvettegoodies.com sells this kit, which includes a C6-labelled Mini Maglite and matching Swiss Army knife. It's the perfect size for the toolbox, glovebox, or bedside table. Batteries included. www.corvettegoodies. com Correct C2 and C3 motor mounts Dissatisfied with the quality and authenticity of replacement motor mounts for C2 and C3 Corvettes, parts supplier Corvette Central recently introduced their own. The beefy mounts are thicker in all the right places, for improved durability and a correct appearance that will be appreciated by the eagleeyed judges. Priced at $19.95 apiece. www.corvettecentral. com ■


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In Miniature cars that soon followed the unveiling of EX 122 were very faithful to the original concept, so at first glance, the casual observer won't notice any difference. However, there is a long list of detail changes. The devil is in the details, and the knowledgeable enthusiasts at The Danbury Mint have nailed all of them with their latest serial-numbered, lim- ited-edition 1:24 scale model. Back in the very first issue of Corvette Market (Fall 2007), I reviewed Danbury Mint's 1953 model—which was produced in 2003—and is shown in the background of the photo here. The Danbury Mint research department traveled to the current home of EX 122—mega dealer Kerbeck Corvette in Atlantic City, NJ—to comb over the car and record all the many differences between it and the '53 production cars. This mass-produced model is made in China, but it is truly an absolute must for anyone collecting Corvette models or models of sports cars. The edition is limited to 5,000 serial-numbered pieces. That's a lot of models, but Danbury's cars are so very good that, sooner or later, they always sell out their editions. I wish I had their bag of pixie dust. The two most obvious differences on this model are the shortened side trim on the body and the added twin scoops on the front fenders by the windshield Smooth, high-gloss, off-white paint finish coupled with the mostly red inte- rior is an eye catcher. The doors pivot open and close with a feel of precision, as do the opening hood, trunk, convertible top boot cover, and gas cap door. If you think the dash on a ‘53 Corvette is busy, then you'll be overwhelmed with the extra switch gear on EX 122. It is all there. This interior features the finest simulated stitching I have ever seen on any model in any scale. Detail abounds: look closely in the driver side door jamb just below the windshield frame to find the little “EX 122” plaque. Although the “Blue Flame” engine lacks the power to back up its name, it sure does look good. The detailing applied here, with the oh-so-delicate throttle linkage, fuel lines and all other hoses and wires will satisfy any collector. The jack is housed in the trunk, and the removable spare tire located as it should be, under a round, simulated-wood board painted black. The model also features full chassis detail and working suspension and steering. As with Danbury's previous '53 roadster, this model comes with a remov- able convertible top, side curtains and storage pouch. On the down side, the top doesn't fit as well as it should, and the fabric covering it is noticeably different and heavier than that of the tops on the '53 models which do look better. There are two problems, which they share with Danbury Mint's '53 production car models: The chrome headlight bezels and mesh screen are oversized and too heavy. In addition, the windshield height and angle are a little off, but most won't notice this nit. It took me over a dozen viewings to discover. So for those of you who missed getting one of 1953 Corvette Details Production Dates: 2011 Quantity: 5,000 CM Five-Star Rating: Overall Quality: Authenticity: Overall Value: Web: www.danburymint.com 1/2 the 1953 production car models, here is your second chance, and I suggest you go for it. You'll get a lot for your money. Well worth the reasonable $149 price. 86 Corvette Market SPRING 2011 www.corvettemarket.com By Marshall Buck 1953 EX 122 Corvette Concept Car EX 122—also known as the Motorama Corvette—is the oldest Corvette in the world. It is THE car that started Corvette fever, and this is one fever that doesn't need a cure. The 1953 production Speaking Volumes By Mark Wigginton Legendary Corvettes: ‘Vettes Made Famous on Track and Screen” By Randy Leffingwell, photographs by Dave Wendt, Motorbooks, 176 pages, $23.10, Amazon In the car world, extra helpings of respect and adulation come with winning exploits or groundbreaking moments on race tracks. In the rest of the world, that kind of love is attached to celebrity that comes from, well, being a celebrity. That doesn't always work out well. The most famous Pontiac Trans Am, sadly, is probably KITT from television's lamentable “Knight Rider” series. But for Corvette, it is the 1960 Tasco Turquoise convertible, driven weekly on TV on “Route 66.” It's a perfect example of the brand─although the show is rapidly disappearing from memory as the years go by. Randy Leffingwell, the well-respected motorsports his- torian and photographer, is working to keep that memory alive, and he has put together a creative assortment of available models to tell the Corvette story. Leffingwell has built the book around 18 of the most famous examples of Corvette design, performance and execution, drawn mostly from racing. Starting with the 1953 prototype, and devoting chapters to the 1956 Sebring racer, Briggs Cunningham's 1960 Le Mans racer, and more, Leffingwell tells the story of each iconic Corvette. Each chapter is accompanied by historic photos, plus some amazing studio portraits of the cars by Dave Wendt. The double-truck images are mesmerizing, with an almost otherworldly, painterly quality. At first glance they appear to be photorealist renderings of images, not images themselves. But take a closer look. As your eye tracks from area to area, you can't make up your mind. I can't tell what was done in the camera, with creative, elegant lighting, what comes from melding multiple exposures or even through digital processing. The results are stunning to see. Both words and images are a loving, well-executed tribute to Corvette through the years. Provenance: Leffingwell is a total pro, and the research and writing come together in each chapter. The prose is readable and the anecdotes telling. Fit and finish: Beautiful printing does real justice to Wendt's images. The interior design and typography provide a lovely, quiet frame for the words and images. Drivability: This is a quality book, from beginning to end. There is plenty to learn from the text, with Leffingwell being an easy read—a writer who provides not just prose, but packs it tightly with facts. And Wendt's photography is stunning. But these images are also where discussions will turn into arguments. There is a continuum in photography, from the hard-core photojournalists who wouldn't think of tampering with reality by using a bit of flash fill to the studio pros who light to tell a story. Wendt's technique is one more step beyond, to a place where painting and photography merge. I decided, after a lot of thought, that I loved it. ■


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Resource Directory Auction Companies Auctions America by RM. 877.906.2437, 5540 CR llA Auburn, IN 46706. Home of the 480-acre Auction Park in Auburn, IN, where the annual Labor Day Auction is held in conjunction with the Auburn, Cord, Duesenberg Festival. www.auctionsamerica. com. (IN) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Russo and Steele Collector Automobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@ russoandsteele.com; www.russoandsteele.com. (AZ) Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Put your company in the CM Resource Directory. Call 877.219.2605 x211, or email advert@corvettemarket.com Worldwide Group—Auctioneers, Appraisers and Brokers—is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www. WWGauctions.com. (IN) Corvette Parts & Restoration County Corvette 610.696.7888, Sales, service, parts and restoration. When it must be right. www.countycorvette.com. (PA) Mid America Motorworks 800.500.1500, America's leader in 1953-2008 Corvette parts and accessories. Request a free catalog at www.mamotorworks.com. (IL) AutoBahn Power. Performance + Looks + Durability + Comfort = Autobahn Power! Autobahn Power is a veteran of vehicle modifications, parts and accessories. Our specialty has been to carry products that are better than original equipment in performance, safety and quality. Our warehouse, service shop and retail store are located in the Midwest for good access to all parts of the USA. We have completed literally hundreds of project cars. These performance vehicles are in enthusiast's hands across the USA. Many of the cars are in daily use proving the durability of our workmanship and products. Check us out at www.autobahnpower. com. Classic Car Transport Intercity Lines, Inc. 800.221.3936, 413.436.9422. Rapid, hassle-free, coast-to-coast service. Insured enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercitylines.com. (MA) Insurance Hagerty Collector Car Insur- ance. 800.922.4050. Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost significantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty. com. (MI) Corvettes for Sale Corvette Central Parts and ac- cessories for all Corvettes. Corvette Central has been a leading manu- Ad Index Al Knoch Interiors ............................59 Auto Etc Neon...................................89 Barrett-Jackson .................................17 Baymont Inn & Suites.......................87 Bloomington Gold ......................13, 19 Bonhams & Butterfields......................7 Bruce Shaw.......................................88 Carlisle Events ..................................61 Chubb Personal Insurance...................9 Classic Restoration............................91 Coker Tire .........................................43 Columbia River Concours.................81 Cool Promotions ...............................65 Corvette America ..............................77 Corvette Central................................47 Corvette Expo Inc .............................71 Corvette Market ................................89 Corvette Mike ...................................73 Corvette Repair Inc...........................63 Corvette Specialties ..........................89 County Corvette..................................2 Dave Gill Chevrolet..........................53 Dream Giveaways.............................49 Grundy Worldwide............................37 Harchelroad Motors Inc....................53 88 Corvette Market WINTER 2011 www.corvettemarket.com Heacock Classic ...............................92 JC Taylor...........................................45 Jim Meyer Racing Products Inc........75 Lee Johnson Chevrolet......................53 Long Island Corvette Supply Inc......52 Mac Neil Automotive Products Ltd..85 Matick Chevrolet ..............................53 Mecum Auction...................................3 Meguiar's ....................................20, 21 Mershon's World Of Cars .................85 Mid America Motorworks.................39 Midwest Corvettes & Classics, LLC 69 National Corvette Museum...............83 National Corvette Restorers Society.11 Pro-Team Corvette Sales, Inc............41 Reliable Carriers ...............................35 SWISSVAX USA, LLC......................6 Silver Collector Car Auctions ...........57 Specialty Auto Auctions, Inc.............67 Sports Car Market.............................83 St Bernard Church.............................85 Superior Chevrolet......................53, 55 The Chevy Store Inc .........................89 Thomas C Sunday Inc.......................33 Zip Products......................................15 facturer and distributor of Corvette parts and accessories since 1975. We offer the most comprehensive and detailed parts catalogs on the market today and produce a different catalog for each Corvette generation. All catalogs are also online with full search and order features. From Blue Flame 6 to the new C6, only Corvette Central has it all. www.corvettecentral.com. (MI) County Corvette. 610.696.7888, The most modern and best equipped Corvette-only facility in the nation. www.countycorvette.com. (PA) The Chevy Store At The Chevy Store, you will find only the highest grade, investment quality Corvette and specialty Chevrolet automobiles. We take pride in providing our clients with the finest selection anywhere. Offering investment quality corvettes and Chevrolets for over 30 years! 503.256.5384 (p) 503.256.4767 (f) www.thechevystore.com. (OR) Museums National Corvette Museum 800-53-VETTE, The National Corvette Museum in Bowling Green, KY was established as a 501(c)3 not-for-profit foundation with a mission of celebrating the invention of the Corvette and preserving its past, present and future. www.corvette- museum.com. (KY) ■


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Vette-o-bilia Online trash and trinkets—some valuable, some not. By Carl Bomstead Getting Slotted with Corvette Monopoly and the Greenwood Smothers L88 Old-school slot cars and a model of a ferocious Corvette that rumbled at Sebring 1972 lead this month's pack restock your stable. One that caught our interest was an MPC Dyn-O-Car set that had an original price of $1.49. It had a brass W chassis and two plastic 1956-57 Corvette bodies in white. We, of course, painted the heck out of them and added all sorts of decals. We did repairs as needed after they went off track, which was a frequent occurrence. The set noted sold with a Buy-it-Now price of $202, but we had been there and done that, so we passed. Here are a few other Corvette items, however, that we found interesting: original packaging and had never been opened. In our opinion, it should be left that way. EBAY #280656122235—PIN FROM THE GRAND OPENING OF THE NATIONAL CORVETTE MUSEUM. Number of Bids: 2. SOLD AT: $6.50. Date: 4/13/2011. These little pins were presented to the visitors at the Grand Opening of the National Corvette Museum on Labor Day in 1994. They infrequently show up, and at the price paid, this was a bargain. highly detailed 1:18 scale model was of the #48 B.F. Goodrich Greenwood Smothers 1969 L88 Corvette that raced in Group 4 at the 12 Hours of Sebring in 1972. It was priced at about $140 when new. It is now retired and had only been removed from the packaging for photos, and as such, it was in exceptional condition. The graphics were all painted and no decals were used. A high quality model at a fair price. EBAY #330552279279— EBAY #260766111356— CORVETTE EDITION OF MONOPOLY. Number of Bids: 11. SOLD AT: $38.50. Date: 4/18/2011. This was a dealer promotion that was issued around 1998. It played on the popular Parker Brothers Monopoly game—but with a Corvette twist. Rather than accumulating properties, the object is to acquire Corvettes. Bad trades, speeding tickets and of course, jail were the pitfalls. The game was in its CORVETTE ZR-1 PINBALL MACHINE. Number of Bids: 14. SOLD AT: $2,950. Date: 4/17/2011. This ZR-1 pinball machine was in a Corvette dealer's showroom and was used by their customers. It had all kinds of ramps and flippers along with numerous Corvette images. Seller stated it was in good operating order and was complete with the manuals. Fun addition to your Corvette Man Cave. EBAY #120708179189— 1957 FRANKLIN MINT FUEL-INJECTED CORVETTE SCALE ENGINE. Number of Bids: 25. SOLD AT: $252. Date: 4/12/2011. This 1:6 scale Franklin Mint 1957 Corvette engine actually functioned when the fly wheel was turned. A portion of the engine was cut away so you could see the pistons move. It was missing a belt and did not have any of the books and papers. Four days earlier, another sold for $152 so the buyer overpaid by a hunskie on this one. hile wiling away the hours looking for weird and interesting Corvette stuff, we stumbled across a new segment─Corvette slot cars. They brought back a flood of memories from years past when we would modify them to the best of our ability and then, at the local slot car track, have our version of “Racing for Pinks.” You just might come home with a few new ones or start looking for funds to EBAY #180653954490— EBAY #300543451938— CAROUSEL 1 DIE CAST MODEL OF GREENWOOD SMOTHERS 1969 L88. Number of Bids: 26. SOLD AT: $149.50. Date: 4/9/2011. This 90 Corvette Market SPRING 2011 www.corvettemarket.com DANBURY MINT 50 YEARS OF CORVETTE 1953-2003. Number of Bids: 8. SOLD AT: $455. Date: 4/17/2011. This display included 1:43 scale Corvettes from the first 50 years—1953–2003—even though the seller was a bit challenged in the math department. They were on an attractive display and were finished in correct period colors. Not a bad deal at less than 10 bucks apiece, with the display case thrown in for free. EBAY #360356623159— NEW CORVETTE GARAGE SIGN WITH GLOBE. Number of Bids: 6. SOLD AT: $198.50. Date: 4/6/2011. This Corvette sign was newly constructed with a wood base and an 18-inch Corvette globe on top. Several were offered, and this was the most expensive, with others selling for $182 and $175. All in all, not a bad price for a modern display piece. ■