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5 Corvette Market $102k '65 Convertible 396/425 129 Corvettes Rated Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 1962 GULF OIL CORVETTE $1.5m Record-Setter Fall 2008 www.vettemarket.com James Garner's $744k L88 Top 200 Summer Sales


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Corvette Market Keith Martin's Volume 2 . Issue 5 . Fall 2008 24 Huge money for big history 26 396/425, one year only 28 James Garner's L88 racer Profiles C1 1962 Gulf Oil 327/360 FI Race Car—$1,485,000 24 by Thomas Glatch C2 1965 396/425 Convertible—$101,750 26 by Carl Bomstead “If you have a rare, highly sought-after Corvette you are claiming is original and unrestored, would not a Bloomington Gold certificate add to the value?” C3 James Garner's 1968 L88 AIR Racer—$744,000 28 by John L. Stein “That Ernst found all the original racing equipment, including the original engine and a set of Goodyear racing tires that were mounted for the 1962 Sebring race but never used, is all the more miraculous.” C4 1992 Lingenfelter ZR-1—$24,675 30 by Michael Pierce $22,838 & Not Sold “It's one thing to run huge numbers on a dyno, quite another to put them in street cars with pump gas and street tires and still turn in high-performance figures daily.” C5 A pair of 1998 Indy Pace Car Convertibles— 32 by B. Mitchell Carlson “The uniquely powerful and phallic design of the 1968 Corvette, together with the L88's huge engine, enormous street credibility and genuinely terrorizing performance, had a dramatic effect on enthusiasts back in 1968.” C6 Mini Profiles of Five Late-Model Corvettes 34 by Geoff Archer “If you still have cash lying around to buy new luxury items during a recession, you are likely to be getting good deals like this.” “The column lock issue is the most pervasive C5 gripe. While other problems like the fuel tank/fuel pump issue were resolved by the time the last C5 was built, column lock problems trouble all years of production.” Cover: 1962 Gulf Oil 327/360 FI Race Car. Photo courtesy of Gooding & Company. 6 Corvette Market FALL 2008 www.vettemarket.com


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20 Z codes Corvette Market Contributors B. Mitchell Carlson Senior Auction Analyst interest B. Mitchell Carlson developed an early in tractors, trucks, and muscle cars in his native Minnesota. Carlson covers two dozen auctions a year and writes for Kelley Blue Book, as well as several marque-specific and military vehicle publications. He wrote his first auction report for Old Cars Weekly in 1990, has contributed to Sports Car Market since 1998, and has been a part of CM from the start. His knowledge of Chevrolet Motor Division serial number coding, Fisher Body coding, parts numbering, and Protect-O-Plate structure encompasses Corvettes and all GM products. His daily driver is a C5 coupe, but he hasn't ruled out snagging a 1957–60 convertible for his collection. He profiles a pair of 1998 Indy Pace Car convertibles on p. 30 of this issue. Market Reports 38 Carlisle Auctions, Carlisle, PA 28 of 80 Corvettes total $708k in Carlisle by Chip Lamb 50 Global Roundup 97 Corvettes from 17 sales by CM Auction Analysts Features 18 Bloomington Gold Tour: On the road in America's sports car 20 Z Codes Decoded: Mundane to mighty, the options make the car Departments 8 Publisher's Note 10 Industry Roundtable: Which C4 is tops? 12 Q&A: Taller gears and bigger octane 14 Events: Where to be with your Corvette 16 Auction Calendar 36 Market Overview 74 Trick Stuff: The Corvette of photo albums 76 By The Numbers: Top Summer Sales 80 Resource Directory 82 Vette-o-bilia: The one-cent brochure John L. Stein Contributor John L. Stein served as the editor of Corvette Quarterly, the award-winning official journal for Corvette, from 1998 to 2005, and remains the only independent editor to lead GM's halo magazine. Stein has driven every generation of Corvette, from the original 1953 model up through the 2008 Pratt & Miller C6RS, and tested or raced them at Daytona, Laguna Seca, Sebring, and other tracks. His favorite Corvette experience may just be sneaking through the woods at Le Mans in 2000 to watch the factory C5.R racers assault La Sarthe for the first time, their yellow headlights searing the night and their guttural scream quaking the marrow. On p. 28, he profiles a very different Corvette racer, James Garner's old AIR L88 recently sold by Bonhams & Butterfields for $744k. John Gunnell Contributor John Gunnell first wrote about Corvettes with the National Corvette Owners Association in the mid-1970s. He has since written for Track of Corvettes, 'Vettes Only, and 'Vette magazine, and his 80 automotive books include the Standard Catalog of Corvettes 1953–2005 and the Standard Catalog of American Cars 1946–1975. In 1978, Gunnell began work as editor for Old Cars Weekly. He has recently co-authored the Corvette Bible with Mike Yager and edited Jerry Heasley's new book, Corvette Masterpieces. In addition to his regular “Trick Stuff” installment, on p. 18 of this issue he breaks down the long list of Z options available on Corvettes over the years, from the Z06 of 1963 to the upcoming ZR1 of 2009. www.vettemarket.com FALL 2008 Corvette Market 7


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Publisher's Note Buy, Sell, or Hold There is always a buyer for a quality, documented car, while a car with questions in its history may become just about impossible to sell Corvette Market Keith Martin's Volume 2 . Issue 5 . Fall 2008 Publisher Keith Martin Art Director Kirsten Onoday Executive Editor Paul Duchene Managing Editor Stefan Lombard Auction Editor Jim Pickering Auction Analysts B. Mitchell Carlson Linda Clark Tom Glatch Daniel Grunwald John Clucas Norm Mort Contributors Carl Bomstead Marshall Buck Colin Comer John Draneas Peter Frye Mike Mueller Donald Osborne Intern Bloor Redding III Information Technology/ Internet Bryan Wolfe Financial Manager Nikki Nalum Print Media Buyer Wendie Martin Director CM Television Roger Williams ADVERTISING SALES Sales Manager KJ Glennon kj.glennon@vettemarket.com 877.219.2605 x 222 Advertising Executives Ted Alfano ted.fano@vettemarket.com 877.219.2605 x 211 Cody Wilson cody.wilson@vettemarket.com 877.219.2605 x 213 1978 Corvette: Late-model C3s are a best buy I SUBSCRIPTIONS t's times like this that everyone wants a prediction. As the global economy gyrates like a hula dancer, how are Corvette prices going to be affected? Are they going to come tumbling down, meaning you should wait a few months before putting another Corvette in your garage? Are prices going to skyrocket as frustrated inves- tors turn to cars rather than stocks, making it a good time to buy? There is no definitive answer. These will be challenging times for buyers and sellers of collector cars, which means the maxims of collecting will be more important than ever. In the end, there is always a buyer for a quality, documented car, while a car with questions in its history may become just about impossible to sell. The major shift we are seeing in the market is that collectors are migrating toward cars they can use. That means that C1s continue to be viewed as objects of appreciation, like sculpture, rather than automobiles, as they are simply so unpleasant to drive. Hence, their values are stagnant. On the other hand, C2s continue to have it all; enough creature comforts for a long trip, along with brakes and suspension sophisticated enough to offer decent handling. Early C3s (1968–73) are getting expensive, but late C3s, from 1978 to 1982, are still the best buys in a vintage Corvette. They simply offer more fun per collectible dollar than any other model. Of course, if fun is all you want, a C5 can't be beat. They are almost free these days, and offer huge performance. While C6 owners may look down their sloping hoods at them and call them “big-butt” specials, to most of the world, when you're in a C5, you're in a Corvette, and that's all that matters. In the end, the clearer you are about why you want to own a Corvette, the more successful your buying decision is likely to be. If you want a museum piece, buy a 1958 fuelie. If you want a reliable daily driver with no hassles, a C4 or C5 will do. If you want to attract a crowd wherever you show up, only a Split-Window will meet your needs. But no matter which Corvette you buy next, just make sure it is the absolute best example in the price range you can afford. I guarantee you will never regret paying a little more to get a lot more car. ■ 8 Corvette Market FALL 2008 www.vettemarket.com Subscriptions Coordinator Jennifer Davis-Shockley To order new subscriptions 800.289.2819 Current subscriptions 877.219.2605 x 204 service@vettemarket.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 Web www.vettemarket.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 © 2008 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 In Ten Years, Which C4 Corvette Will be the Most Collectible? Rod Egan Principal, The Worldwide Group, Auburn, IN In 1990, Chevrolet produced the end result of one of the most radical projects ever done by the very conservative company—the LT5 ZR-1 32-valve DOHC “King of the Hill” Corvette. The ZR-1 is known for its top speed endurance record, where the car went at speeds over 175 mph, non-stop, for 24 hours. There are no stock American cars that can do this except the ZR-1 to date. What the ZR-1 offers over any other Corvette I have encountered, including the Callaway and Lingenfelter versions, is its near indestructibility, packaged in such an aggressive and responsive driving car. This is exactly as it came off of the as- sembly line from GM. We all know that unaltered cars from the factory tend to be the most desirable down the road, after the masses have been revised, revamped, or demolished. It is precisely these attributes that in my opinion make the ZR-1 so collectible today and will, in my estimation, make it the most collectible of all the C4 Corvettes some ten years from now. Craig Jackson Chairman/CEO, Barrett-Jackson Auction Company, Scottsdale, AZ Hardcore enthusiasts already prize the Callaway C4 Twin Turbo Corvettes, but I believe that in ten years they will be highly revered by general collectors. Callaway Corvettes offer a rare blend of exclusivity, legitimacy, historical significance and reliability that make them very appealing. When Callaway launched the C4 program in 1987, it was the first time in the 'Vette's long history that an outside manufacturer was given an opportunity by GM to create a high-performance RPO. This allowed real car guys to own an exclusive version of America's favorite sports car. It also paved the way for other high-performance adaptations to be created, like the ZR-1. The capabilities of the various versions of the C4 Twin Turbo cars, including the Sledgehammer, were well documented by the media. They combined world-class performance with the serviceability and reliability of a Chevy. The fact that Callaway produced around 500 Twin Turbo Corvettes through 1991 adds to its collectability, and the company did a marvelous job identifying their cars for documentation purposes. Jim Jordan President, County Corvette, Westchester, PA Limited production is the primary consideration when looking at potential values of C4s. Most C4s from 1984–96 are considered today to be of limited value, due in part to high production numbers, limited availability of parts, difficulty of repair, and outdated performance. That said, a few C4s stand out. The 1988–90 Challenge cars are highly collectible. The 1990 R9G models were the rarest, with only 23 built. A non-raced example would be your best bet. Tuner cars produced by Callaway and Lingenfelter were standard setters at the time, but only a few Callaway cars, specifically speedster models, have hope for long-term status. Among 1990–95 ZR-1s, two models stand out: the 1993 40th Anniversary Edition and the 1995 models, of which only 500 were built. ZR-1s can be expensive to fix, so mileage and originality should be carefully considered. And the 1996 Grand Sport; if you can find one, a red-interior convertible will be your best bet. After that, a red-interior coupe, followed by the others, which carry a certain charm to many Corvette enthusiasts. The C4 era ushered in today's supercar-level Corvettes, and any grand Corvette collection will contain at least one rare C4. 10 Corvette Market FALL 2008 www.vettemarket.com


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Kevin King President, Year One Corvettes, Braselton, GA Predicting C4 collectibility is a little tough, simply because there were a number of special models built during the 13-year production run. Limited production and performance packages always make the most desirable models. The ZR-1, the Grand Sport, the Anniversary models, and the Indy Pace Cars will always be collectible, but other specialty models, like the “factory blessed” Callaway cars, also have a strong following. Callaway also benefits from very low production numbers and tremendous performance. The most collectible, though, will probably be those cars that combine special options. Here I'm thinking of 40th Anniversary Ruby Red ZR-1s, with only 220 made, or convertible Grand Sports with only 190 examples, particularly with the red interior, since just over 50 cars with that combination were built. There are a few sleepers, too. The '95 Pace Car is a good example—just over 500 of those cars were built. I think the best bet is going to be the Corvette Challenge race cars. These cars were built in '88 and '89 specifically for use in the SCCA Corvette Challenge Series. The rarity of these cars, along with the competition pedigree, should ensure their long-term collectibility. Kevin Mackay President, Corvette Repair, Inc., Valley Stream, NY The number-one C4 would be one of the 60 Challenge cars from 1989. That would be the top C4, a factory car from the beginning, with special brake rotors and roll bars. The second car would be a Callaway car. Probably the ultimate is the Sledgehammer, but there are a ton of Callaway cars. After that, probably a Corvette Grand Sport convertible with red interior. With low mileage, I've seen them go as as high $90,000. I love the color combo—the red interior knocks me out. My next choice would be a ZR-1, but only 1995. That's the last year, and all the bugs were out of them by then. Another ZR-1 would be the cars made in 1989. They only made 84 of the '89s, and a couple in Europe have been brought back from the dead. They were press cars and supposed to go to the crusher, but they weren't crushed enough and still had tags. My fifth choice would be a Lingenfelter, and my last would be a Pace Car, purple and white from '93. Dana Mecum President, Mecum High Performance Auctions, Marengo, IL This seems almost like a trick ques- tion; the answer depends on whether you're talking about the most collectible Corvette for the broadest audience, or the most collectible Corvette for the most intellectual collector. The most collectible to the broadest audience is a toss-up between the ZR-1 and the '96 Grand Sport. The ZR-1 has a mystique that seemed short-lived. The Grand Sport has a great “club” following. I vote Grand Sport due to its “social” popularity—after all, one of the great things about owning a Corvette is being part of the Corvette community. From the intellectual aspect, the Corvette Challenge cars of 1988–89 and the very limited R9G of '90 win hands down—limited-production, factory-spec race cars. It's hard to beat that combination in the world of a sports car. www.vettemarket.com FALL 2008 Corvette Market 11


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Questions &Answers by Colin Comer back into the cowl on the factory cut lines? Were the core support and/or frame damaged or replaced? It's hard to set an arbitrary 1967 427/435 convertible, no fun on the freeway with 4.11 gears 4-1-1 on that 4.11 I own a fully restored 1967 427/435 convertible (M21 4-speed) with a factory 4.11 rear axle ratio. It is also a factory sidepipe car. I love to drive it, but truth be told, it is really not that enjoyable at freeway speeds. It just revs so high with the 4.11, and the side exhaust doesn't help matters any. Being a numbersmatching car with its original engine, I am also concerned I may blow it up because of the rpm. My dilemma is that I do not want to install an aftermarket 5or 6-speed transmission because I like to show the car at NCRS events. That leaves me with a ring and pinion swap if I want to change things, right? If so, what gear ratio do you recommend? Will the NCRS detect it in judging?—HJ, Raleigh, NC I agree; a 4.11 is a desirable option in a 'Vette, but not one you want to drive on today's highways. What adds value doesn't always add enjoyment, especially with side exhausts. I assume you are running either correct 7.75x15 bias-ply tires or the common 215/75/15 P metric replacements. Either one is about 27.75 inches tall, meaning at 65 mph your engine is at roughly 3,250 rpm, and almost 3,800 rpm at 75 mph. That is screaming, and besides the noise and wear and tear, it also raises coolant temperatures significantly, as the fan will actually be spinning too fast and block air trying to flow through the radiator. My own '67 435 convertible has a 3.55:1 axle ratio, which I find just about perfect. It gives 2,800 rpm at 65 mph. If you are serious about long-distance highway driving, such as a 1,000-mile road rally, I would suggest a 3.08:1 gear. That gives you just over 2,400 rpm at 65 mph, which makes a world of difference. For comparison's sake, most 5-speed conversions now have a 12 Corvette Market FALL 2008 www.vettemarket.com 0.82:1 5th gear. With your original 4.11, that equals 2,700 rpm at 65 mph, or roughly the same as a 3.55 with your 4-speed. As far as the NCRS, just pop in the ring and pinion in your original differential and nobody will be the wiser—except your eardrums and relieved engine. Front end issues I am looking at a 1965 'Vette convertible with a replacement one-piece front end. In your opinion, how much does that affect the car's value? I have been told 5% at most. That seems low to me. Interested in your thoughts on the subject.—BD, Omaha, NE I don't think this is a situation where one can assign a set deduction using a percentage. Obviously, there is a reason the car has a one-piece front clip, and I would dig deeply to find out why and also how much other damage was done. Was it done properly and spliced value here, as I would consider a one-piece front clip a little more serious. Automatically you eliminate most serious collectors from the pool of buyers, as they will want original fiberglass. It is also something that any honest seller should disclose, which will likely give pause to even casual 'Vette buyers, as everybody is becoming more particular and fussy these days. In the end, it may limit your buyers when you go to sell to those who will tolerate such a major modification in exchange for a serious price deduction. My opinion? Move on, spend a little more for a car with an all-original body, and sleep well at night. Most people eventually sell or trade their 'Vettes, and I see no reason to walk knowingly into a car you'll have to make excuses for later. Updating alignment I met you at the CM Seminar in Scottsdale last January and asked if you had any tips to make my C2 handle better, as it is eye-opening at high speeds, even though the suspension is all within spec and aligned to stock 1966 specs by a really good shop. You recommended I modify the wheel alignment specs to compensate for the Michelin radial tires I have in place of the original biasply tires. Forgive me, but I lost the sheet you gave me with your preferred settings. Do you mind sharing them again? Thanks in advance.—TC, Phoenix, AZ Yes, I do recommend modifying suspension alignment for modern tires. I've Please send your questions to questions@vettemarket.com. All submissions subject to editing. Give Yourself and Your 'Vette a Break Raise rear axle gears, bump up the octane in your L88, beware what a one-piece clip can hide, and fix that front end


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tried a multitude of different settings on my cars, with varying degrees of success. Vette Brakes & Products (www.vbandp.com) has a great alignment specs page on its web site for 1963–2004 Corvettes, and it includes recommendations for “Daily Driver,” “Advanced Street,” “Autocross,” and “Track” use. Click on the “Instructions” tab, and then scroll to the second-to-last listing entitled “1963 through 2004 Alignment Specifications.” I think you will be very pleased with the results. Let me know how it turns out. Octane matters I just purchased a 1969 L88 4-speed convertible. I have never owned a vintage Corvette before, but am looking forward to the experience. My question is a simple one: Everybody tells me I need to use racing gas in this baby, or I risk blowing it up. Do they literally mean it will blow up? Can it be adjusted to run on premium pump gas? I have no clue where to source race gas here in Chicago.—BBL, Chicago, IL First, congrats on buying an L88. They are awesome cars, and I think the performance will be an eye opener. Just remember to aim it carefully before you drop the hammer. As far as race gas—yes, if the L88 was rebuilt to factory specs, you must use fuel above 103 octane as per the original L88 instructions. Why? The compression ratio of 12.9:1 makes it basically a racing engine for the street. Lower octane fuel will cause the engine to detonate and do serious damage. It won't literally “blow up” like a bomb, but it could possibly detonate hard enough to destroy pistons, which 1969 L88—don't skimp on octane will likely take valves, connecting rods, and other expensive stuff with them. An internal “blowing up,” if you will. Unfortunately there is no way to tune the engine to use loweroctane fuel. Even with severely retarded ignition timing, you run the risk of detonation and engine damage. Here in Wisconsin, there are any number of places that sell 110 octane leaded race gas in bulk. I buy it in 55-gallon drums and keep one in my garage with a simple drum pump, available at any farm or fleet supply store. You might even be able to get one from the people who sell you the fuel. Last time I checked, it was under $7 a gallon for the good stuff. Alternatively, find the nearest drag strip and carry some fuel out in five-gallon jugs. ■ www.vettemarket.com FALL 2008 Corvette Market 13


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Event Guide Arizona 01.16.08 Corvette Market Insider's Seminar, Scottsdale Following the success of last year's inaugural event, CM will host the second annual Scottsdale Insider's Seminar from 9 am to 11 am in the Russo and Steele Auction tent. Publisher Martin will moderate, joined on stage by Corvette market experts to give their insight into two separate modules. Module 1 will deal with building the best $500,000 Corvette collection, while Module 2 will serve as an overview of the Corvette market today and tomorrow. $25 for subscribers, $100 for non-subscribers. www .vettemarket.com/2009seminar. California 01.23.09–01.31.09 Corvette & Hot Rod Pirate Banditos of the Mexican Riviera, San Diego This event invites all Corvette enthusiasts to a special nine-day cruise from San Diego to Mexico, with scheduled stops in Manzanillo, Acapluco, Zihuatanejo, and Ixtapa. Enjoy eight gourmet dinners and endless entertainment in the largest casino at sea, with amenities like a fitness center, swimming pools, and Jacuzzis at nearly every turn. Just $838 per person. www .corvetteracers.com. Send your Corvette event listing to cmcalendar@vettemarket.com. Florida 11.15.08–11.16.08 Corvette Garden Party Doo Wop Weekend, Winter Haven Join the Bay Area Corvette Club at Cypress Gardens for a weekend packed full of entertainment. A Corvette parade kicks things off on Saturday, followed by a Welcome Dinner with beer and dancing, plus a raffle. A Corvette show will take place on Sunday, with entertainment provided by the music groups the Drifters and the Coasters. Preregistered entrants only. www.baccvette.us. 11.22.08 Ultimate Corvette Party, Tampa Tampa Bay Vettes and Ferman Chevrolet will host this big shindig, limited to 400 Corvettes. Corvette racer Andy Pilgrim will be on hand to sign autographs, and guests can compete in the fourth annual UCP Valve Cover Races. The event will include a 50/50 raffle, live radio broadcast, and plenty of vendors, food, and door prizes to go around. www.ultimatecorvetteparty.com. 11.29.08–11.30.08 Corvettes on the Gulf, Bonita Springs NCCC-judged concours hosted by Estero Bay Chevrolet. $60. www.ncccsouth.com. 01.11.09 3rd Annual Car & Truck Show, Sunrise The Renegade Corvette Club hosts this fun event at the Ed Morse Sawgrass Auto Mall. The first 100 entrants will get a dash plaque and T-shirt, and Top 30 awards will be given out to Corvettes. Expect a live DJ, door prizes, a 50/50 raffle, food, beverages, and more. Pre-register before January 1 for $20, $25 at the door. www.renegadecorvetteclub.com. Corvette Insider's Seminar 14 Corvette Market FALL 2008 www.vettemarket.com


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1963 Chevrolet Corvette Grand Sport #002 at Bridgehampton, 1966 RM Auctions—Automobiles of Arizona Where: Arizona Biltmore, Phoenix, AZ When: January 16, 2009 More: www.rmauctions.com Featured Lot: 1963 Corvette Grand Sport, #002 The Corvette Grand Sport was envisioned by Zora Arkus-Duntov as GM's endurance racing answer not only to the Shelby Cobra, but to the Ferrari 250 GTO, Ford GT40, and others. Despite a planned production of 120, just five were built before General Motors management pulled the plug on all its competition activities in early 1964. The cars escaped the head office order to be destroyed and eventually found their way into the hands of private racers. Other than its similarity to the new Sting Ray body style of 1963, there was nothing underneath a Grand Sport's skin that bore any resemblance to its assembly-line cousins. Combined with a lightweight tube frame and thin fiberglass body, the Grand Sports tipped the scales at less than 2,000 lb—1,100 lb less than production Corvettes. Powering that lean body was a 377-ci race-prepped aluminum V8 that put out over 550 horsepower. Like its four sister cars, Corvette Grand Sport #002 began its life as a coupe, but it was soon converted into a roadster, making it the lightest and fastest Grand Sport of all. In early 1966, #002 spent a brief time in Roger Penske's stable before being sold to veteran racer George Wintersteen. At the 1966 U.S. Road Racing Championship, Wintersteen and #002 delivered impressive results at Bridgehampton, Watkins Glen, and Mosport. In Dave Friedman's book Corvette Grand Sport, Penske recalls, “When you really stood on the gas, the front end would come off the ground like a dragster.” And A.J. Foyt once described an on-track Grand Sport encounter this way: “It went by me like I was stopped.” When Corvette Grand Sport #002, with its original, unrestored race body, crosses the auction block on January 16, it will mark the first time the car has been offered for sale at auction. CM estimates that a sale price of $7m–$10m would be market correct. www.vettemarket.com FALL 2008 Corvette Market 15


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Event Guide Send your Corvette event listing to cmcalendar@vettemarket.com. 01.17.09 Reflections in Glass XXVI, Boca Raton This Corvette show, sponsored by Bachrodt Chevrolet, is one of the largest judged shows in Florida, with 63 judged classes and awards for 1st and 2nd place in each class. Don't miss all this good stuff, plus door prizes, a silent auction, lots of vendors, food, beverages, and more. www.americascorvetteclub.com. 01.21.08–01.24.08 NCRS Florida Winter Regional, Kissimmee www.ncrs.org 03.01.09 23rd Annual Spring Meet, Miami The Sunshine Corvette Club will put on this popular annual event, with top three awards for each generation in judged classes covering original cars, modified cars, and everything in between. All entrants will get a T-shirt and goody bag, and there will be a 50/50 raffle, breakfast and lunch, a DJ, and lots of door prizes. $25 before February 21, $35 otherwise. www.sunshinecorvetteclub .com. Illinois 11.22.08–11.23.08 27th Annual Fall Chevy Vettefest, Rosemont This is the world's largest indoor, allChevrolet show and swap meet. The annual show includes a Triple Crown Gallery for more than 50 of America's best original and restored Corvettes, a charity auction, celebrity appearances, featured artist Stefanie Aziere-Sattler, and a chance to meet some of the best automotive writers in the country, like CM's own Colin Comer. Adults are $14, kids under 12 are free. www.chevyvettefest.net. Ohio 02.08.09 NCRS Winter Corvette Swap Meet, Cincinnati Join the Queen City NCRS chapter at Joseph's Columbia Chevrolet for all things Corvette and Chevy. Expect plenty of vendors with the things you need, plus food and refreshments, all just $3 at the door. www .ncrs.org/qc 29—DAN KRUSE CLASSICS Clearwater, FL 28-29—ICA Houston, TX 29—KRUSE Daytona Beach, FL DECEMBER 1—BONHAMS London, UK 17—GOODING & COMPANY Scottsdale, AZ Auction Calendar NOVEMBER 1—ICA Louisville, KY 1—SILVER Seattle, WA 1—WORLDWIDE Hilton Head, SC 7-9—KRUSE Auburn, IN 8-9—ICA Gilbert, AZ 15—SILVER Spokane, WA 16—ARTCURIAL Paris, FRA 16—BONHAMS & GOODMAN Sydney, AUS 19—BONHAMS Harrogate, UK 21-23—LEAKE Dallas, TX 21-23—MCCORMICK Palm Springs, CA 24—SHANNONS Melbourne, AUS 26—H&H Buxton, UK Silver Auctions 5-6—AUCTIONS AMERICA Raleigh, NC 5-7—MECUM Kansas City, MO 8-9—BARONS Surrey, UK 12-13—SANTIAGO Oklahoma City, OK 19-20—KRUSE Las Vegas, NV JANUARY 2-4—KRUSE Fort Lauderdale, FL 9-11—TOM MACK Charlotte, NC 11-18—BARRETT-JACKSON Scottsdale, AZ 14-18—RUSSO AND STEELE Scottsdale, AZ 16—RM Phoenix, AZ 16-19—SILVER Fort McDowell, AZ 22-25—KRUSE Phoenix, AZ 22-24—MECUM Kissimmee, FL FEBRUARY 2—PETERSEN Salem, OR 2—SHANNONS Sydney, AUS 6-8—RM Fort Lauderdale, FL 7—BONHAMS Paris, FRA 9-10—BARONS Surrey, UK 15—SHANNONS Brisbane, AUS 20-21—LEAKE Oklahoma City, OK 20-22—MCCORMICK Palm Springs, CA 26-MAR 1—G. POTTER KING Atlantic City, NJ 27-28—KRUSE Tucson, AZ 16 Corvette Market FALL 2008 www.vettemarket.com


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Bloomington Gold Tour Arizona to Illinois Striking Corvette Gold Being behind the wheel for over 5,000 miles and surrounded by other Corvette owners is a first-rate experience by Bob House Climbing out of Durango B loomington Gold Tours make a lot of sense, if you think about it. After all, everybody has to drive to St. Charles for the June show, so why not keep going? Last summer I tested my particular Corvette's dura- bility (and my wife's faith) when we took our 306,000mile 1984 model on a 5,300-mile road trip from our home in Midland, Michigan, down to Flagstaff, Arizona, for the Bloomington Gold Summer Tour. Our 1984 was the oldest Corvette on the tour and also had the most miles (no surprises there). When we left home we had 306,824.2 miles on the odometer—so much for first-year quality control problems. There were three Corvettes from Arizona, two from Pennsylvania, and one each from California, Florida, Texas, and Illinois. There were two 2008s, two 2007s (one Indy 500 Pace Car model), and one each from 2005, 2002, 2001, 2000, and 1993. The 2002 was modified and equipped with a supercharger. This was the California car, of course. The tour owners are Dwayne and Cindy Bublitz of Flagstaff, and they were well organized. The schedule for each day listed meal times (most were provided), departure times, exact turn-by-turn directions, time for pit stops, and arrival times at destinations. And we were expected where we ended up each day, with traffic cones blocking parking spaces for our cars at each place. The second-largest man-made lake in the country Our first day took us a relaxed 139 miles from Flagstaff to the scenic Lake Powell National Recreation Area near Page, AZ. Lake Powell is the second largest man-made lake in the U.S. and known for its sandstone cliffs and blue water. In all, it's 186 miles long, with 96 canyons and almost 2,000 miles of coastline. The second day, we traveled 222 miles from Lake Powell to Cortez, CO, which is considered the gateway to the amazing Mesa Verde National Park. On the way to 18 Corvette Market FALL 2008 www.vettemarket.com


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Cortez, we stopped at Four Corners, the only place in the U.S. where four states meet. I resisted the urge to park my Corvette with a wheel in each state. We also stopped at Kayenta, AZ, notable for the highest gas price on the trip: $4.30 a gallon. I wonder if I'll think back fondly on that price one day. Next day we headed to Durango, CO, after a stop at Mesa Verde, which is truly a place to visit. This is where the Native American cliff-dwellers took up residence about a thousand years ago, in intricate homes hollowed out of the overhanging sandstone cliffs. In Durango, we stayed at the elegant and rustic 1898 General Palmer Hotel, named for the founder of the Denver & Rio Grande Railroad. The local Durango and Silverton Narrow Gauge was part of the D&RG and was built through the San Juan Mountains in 1881–82 when the area was being opened up for mining. Riding on the Durango & Silverton Railroad Next day we had took a ride on the Durango & Silverton Railroad behind a narrow- gauge 1920s Baldwin steam engine from Durango to Silverton. We had great seats on the right-hand side for the best views. After two nights in Durango, we drove 120 miles to Telluride via Silverton and Ouray. US-550 from Silverton to Ouray is known as the “Million-Dollar Highway,” so named because it cost that much per mile to build in the 1950s. I first heard of it in 1960 after a friend drove it in his '57 Corvette. It has been on my to-do list ever since. Think roller coaster ups and downs and multiple hairpin turns—a Corvette driver's dream. Fortunately, I remembered Details Dwayne & Cindy Bublitz Bloomington Gold Tours 928.527.VETT (8388) www.BloomingtonGoldTours.com that “D” is overdrive in my old automatic transmission and a downshift to “3” meant I could use engine braking and spare my brake pads. We spent our final night in the Hotel Telluride, another multi-star lodging. Total miles driven: 5,322.4. Total gallons of gaso- line purchased: 235.64. Actual average miles per gallon: 22.6 (the mileage gauge in the instrument panel is not and never has been accurate). I added a half-quart of oil every 750 miles (not unreasonable for an engine so long in the tooth). My coolant temperature stayed at 200 to 210 degrees, and the oil temperature at 250 to 260, except on the “Million-Dollar Highway,” where I observed 267. I must admit those C5s and C6s looked mighty fine. Is it time to put my 1984 to sleep? Not yet; I'm thinking it still has a big finish left in it. My expectations for the Bloomington Gold Tour were high, but they were exceeded. Being behind the wheel for over 5,000 miles and surrounded by other Corvette owners was a firstrate experience. Three tours are planned for 2009—two in June and one in August. The first begins in St. Charles at the Bloomington Gold Corvette Show and runs June 27–July 3, with stops at Road America Racetrack and Door County, Wisconsin, and ends at Mackinac Island, Michigan. The other two are in Arizona on June 4–6 and August 2–8 and focus on the Grand Canyon. ■ Next stop, Lake Powell www.vettemarket.com FALL 2008 Corvette Market 19


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Collecting Thoughts by John Gunnell D espite what you might suppose, Chevrolet “Z codes” were not named after the Corvette's first chief engineer, Zora ArkusDuntov. Chevrolet expert Doug Marion asked Arkus-Duntov in 1983 if the Z meant anything. “He first smiled,” says Marion, “then he said, ‘Everyone tinks the Z stands for Zora. Dat ees nice. But eet actually meenz nutting.'” Z packages weren't confined to Corvettes. Marion points out that the Z code was first used in 1963 for the Z11—a 427-powered Impala factory drag car. According to Marion, only 50 Z11s were built, although most sources say it was 57. (Marion has factory records to prove his number). “There are probably 50-plus Z code options, and they cover just about every Chevy model built since 1963, including vans,” says Marion. “Some Z code options are the same for every Chevrolet model, but other Z code options are totally different and go model to model,” he points out. “There is a Z10 1969 Camaro Pace Car hard top, built as a special run for Texas or someplace. But there's a Z10 cargo van, too.” Buick also had Z code options, but they were two-character des- ignations for individual extra-cost equipment for station wagons. Z2 designated a divided rear seat, Z4 indicated a power tailgate window, and Z5 was a “tailgate follower board,” whatever that is. As most enthusiasts know, Oldsmobile high-performance packages were coded with a W. Pontiac used only three numbers to designate most of its options and three letters for most tire options. Marion says he believes the letter Z was chosen because it was sim- ply the next in line. With Chevy's larger range of models, it would be normal for Chevrolet Division to have a few more option groups than Oldsmobiles. Thus, the Chevy codes might run to Z, instead of W. The following list shows 67 options offered between 1963 and 2005 that carried option codes (or model-option codes) that started with Z. The reason for the distinction between an option code and a model-option is that the ultra-high-performance late-model Z06 hard top was merchandised much differently than the 1963 Z06 option, which was the first Z code Corvette package. Note: In 1963, the Z06 package was an option added to a car. Starting in 2001, the Z06 was a separate model that came only with the Z06 content. 1963 RPO Z06: Special Performance Equipment package for Split-Window coupe ($1,818.45). Includes special metallic power brakes, heavyduty stabilizers, shock absorbers, and springs, 36½-gallon fuel tank, knockoff-type aluminum wheels, Positraction rear axle, 4-speed transmission, and 360hp fuel-injection engine. (Later, the 36½-gallon fuel tank and knockoff aluminum wheels were rescinded, the price was cut to $1,293.95, and the package could be ordered for convertibles. Installs: 199 1965 RPO Z01: Comfort and Convenience Group. Includes back-up lamps and inside day/night mirror ($16.15). Installs: 15,397 1969 RPO ZL1: Overhead-valve V8 of 427 ci, with bore and stroke of 4.251 x 3.76 inches, compression 20 Corvette Market FALL 2008 www.vettemarket.com A badge to reckon with ratio of 12.50:1, 430 hp (actually over 500) at 5,200 rpm and 450 ft-lb at 4,400 rpm. Aluminum block. Five main bearings. Mechanical valve lifters. Special camshaft. Single Holley 850CFM four-barrel carb on aluminum manifold. ($4,718.25, and not available with radio and air conditioning). Requires options K66 transistor ignition system, F41 special front and rear suspension, J56 special heavy-duty brakes and G81 Positraction rear axle at extra cost. Installs: 2 1970 RPO ZQ3: Base overhead- valve V8 of 350 ci, with bore and stroke of 4.00 x 3.48 inches, compression ratio of 10.25:1, and 300 hp at 4,800 rpm. Five main bearings. Hydraulic valve lifters. Rochester type QuadraJet four-barrel carb, model 4MV. (Included in base prices). Installs: 6,646 RPO ZR1: Beginning in April 1970, the LT1 engine was a ZR1 option, part of Chevrolet's “Special Items” group. The ZR1 Z Codes From Z to Shining Z Zora Arkus-Duntov said, “Everyone tinks the Z stands for Zora. Dat ees nice. But eet actually meenz nutting”


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package included the LT-1 engine, M22 heavy-duty 4-speed manual transmission, J50/J56 dual-pin brakes with heavy-duty front pads and power assist, and F41 suspension consisting of special 89 lb/in ride rate front springs and 121 lb/in ride rate rear springs, matching shock absorbers, and a 0.75-inch front stabilizer bar. ($968.95) Installs: 25 1971 RPO ZR1: The ZR1 package included the LT-1 engine, M22 4-speed manual, J50/J56 brakes and F41 suspension. ($1,010). Installs: 8 RPO ZR2: The ZR2 Special Purpose LS6 engine package was a racing option like the ZR1, plus the RPO LS6 454-ci, 425-hp V8 ($1,747, and not available with automatic transmission). Installs: 12 1972 RPO ZR1: The ZR1 package included the LT-1 engine, M22 4-speed, J50/J56 brakes, transistor ignition, aluminum radiator, F41 suspension, and on some cars a rear stabilizer bar. ($1,010.05). Installs: 20 1973 RPO Z07: Off-road suspen- sion/brake package with L82 or LS4 V8. Special front and rear suspension, heavy-duty brakes. Requires J50 power brake assist, M21 4-speed manual transmission at extra cost. ($369, and not available with air conditioning). Installs: 45 1974 RPO Z07: Off-road suspen- sion and brake package with L82 or LS4 V8. Special front and rear suspension, heavy-duty brakes. Requires M21 4-speed manual transmission at extra cost. ($400). Installs: 47 1975 RPO Z07: Off-road suspension and brake package with L82 V8. FE7 special front and rear suspension, heavy-duty brakes. Requires M21 4-speed manual transmission. ($400). Installs: 144 1977 RPO ZN1: Trailer package ($83). Installs: 289 RPO ZX2: Convenience group ($22). Installs: 40,872 1971 ZR2 engine 1978 RPO ZN1: Trailer package ($89). Installs: 972 RPO ZX2: Convenience group ($84). Installs: 37,222 1979 RPO ZN1: Trailer package ($98). Installs: 1,001 RPO ZQ2: Power windows and power locks ($272). Installs: 28,465 RPO ZX2: Convenience group ($84). Installs: 37,222 1980 RPO ZN1: Trailer package ($105). Installs: 796 1981 RPO ZN1: Trailer package ($110). Installs: 916 1984 RPO Z51: Performance handling package ($600.20). Installs: 25,995 RPO Z6A: Rear window and side mirror defoggers ($160). Installs: 47,680 1985 RPO Z51: Performance han- dling package ($470). Installs: 14,802 RPO Z6A: Rear window and side mirror defoggers ($160). Installs: 37,720 1986 RPO Z51: Performance han- dling package for coupe ($470). Installs: 12,821 RPO Z6A: Rear window and side mirror defoggers for coupe ($165). Installs: 21,837 1987 RPO Z51: Performance han- dling package for coupe ($795). Installs: 1,596 RPO Z52: Sport handling package ($470). Installs: 12,662 RPO Z6A: Rear window and side mirror defoggers for coupe ($165). Installs: 19,043 1988 RPO Z01: 35th Anniversary Special Edition package for coupe, includes AQ9 leather sports seats, AC3 power driver's seat, 24S removable blue-tinted roof panels, C68 electronicallycontrolled air conditioning, D74 illuminated driver side vanity mirror, Z52 and Z6A ($4.795). Installs: 2,050 RPO Z51: Performance han- dling package for coupe ($1,295). Installs: 1,309 RPO Z52: Sport handling package ($970). Installs: 16,017 RPO Z6A: Rear window and side mirror defoggers for coupe ($165). Installs: 14,648 1989 RPO Z51: Performance han- dling package for coupe ($575). Installs: 2,224 Note: The ZR-1 model was due out this year, but delayed. 1990 RPO Z51: Performance han- dling package for coupe ($460). Installs: 5,446 RPO ZR1: Special Performance package for coupe. Under the ZR-1's hood was a Lotus-designed 32-valve, dual- overhead-cam, 350-ci (5.7-liter) V8, built by Mercury Marine in Oklahoma. Although the displacement was identical to the standard Corvette V8, this was an all-new powerplant with different bore and stroke dimensions. Wider at the rear than a standard model to contain huge 315/35ZR17 rear tires, the ZR-1 was easy to spot because of its convex rear end and rectangular taillights. Standard ZR-1 equipment included an FX3 Selective Ride adjustable suspension ($27,016). Installs: 3,049 In 1990, Corvette chief engineer Dave McLellan won the Society of Automotive Engineers Edward N. Cole Award for innovation for his work on the ZR-1. 1991 RPO Z07: Adjustable suspen- sion package for coupe ($2,155). Installs: 733 RPO ZR1: Coupes with the ZR1 Special Performance Package again had different doors and a wider rear to accommodate 11-inch-wide rear wheels. Also, the high-mounted stop lamp went on the roof of the ZR-1, instead of on the rear fascia. All Corvettes, including the ZR-1, were again equipped with ABS II-S antilock braking and driver's side airbag, as well as an anti-theft system. The ZR-1 was again powered by the 32-valve DOHC 5.7-liter V8, matched with a 6-speed transaxle ($31,683). Installs: 2,044 1992 RPO Z07: Adjustable suspen- sion package for coupe ($2,045). Installs: 738 RPO ZR1: Special Performance Package for coupe. The ZR-1 was basically a carryover from the year previous, with new model badges above the rear fender vents ($31,683). Installs: 502 1993 RPO Z07: Adjustable suspen- sion package for coupe ($2,045). Installs: 824 RPO Z25: Corvette marked its 40th Anniversary with an exclusive “Ruby Red” exterior and interior with color-keyed wheel centers, headrest embroidery, and bright emblems on the hood, deck, and side-gills. Optional www.vettemarket.com FALL 2008 Corvette Market 21 Barrett-Jackson


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Collecting Thoughts Z Codes RPO Z51: Performance Handling Package ($350). Installs: 7,817 2002 RPO 1YY37 + Z06: For 2002, 2002 Z06 equipment on all models ($1,455). Installs: 6,749 RPO ZR1: Special Performance Package for coupe. The ZR-1's 5.7-liter LT5 V8 was upgraded with improved air flow and valvetrain refinements to boost its rating from 375 hp to 405 hp. The 1993 Corvette also introduced GM's first Passive Keyless Entry system, whereby simply leaving or approaching the Corvette automatically locked or unlocked the doors. The 1993 Corvette was also the first U.S. car to use recycled body panels. Still with 6-speed transaxle ($31,683). Installs: 448 1994 RPO Z07: Adjustable suspen- sion package for coupe ($2,045). Installs: 887 RPO ZR1: Special Performance Package for coupe. All Corvettes now had dual airbags, new carpeting, door trim panels, seats, steering wheel, a redesigned instrument panel, and a restyled console. Also new was an optional rear-axle ratio, revised spring rates, a convertible backlight with heated glass, and new exterior colors. The ZR-1 received new non-directional wheels for 1994 and again used the LT5 5.7-liter V8 with a 6-speed manual transmission ($31,258). Installs: 448 1995 RPO Z07: Adjustable suspen- sion package for coupe ($2,045). Installs: 753 RPO Z4Z: Indy 500 Pace Car replica for convertibles only. For the third time (also 1978 and 1986), Corvette was the pace car for the Indianapolis 500. The 1995 Dark Purple Metallic over Arctic White Corvette was driven by 1960 Indy 500 winner Jim Rathmann ($2,816 over the price of a standard LT-1-powered Corvette convertible). Installs: 527 RPO ZR1: Special Performance Package for coupe. The big news of 1995 was the final appearance of the ZR-1 ($31,258). Installs: 448 1996 RPO Z15: The Collector Edition Package marked the final year of the C4 Corvette. The 1996 Collector Edition featured Sebring Silver paint, Collector Edition emblems, five-spoke aluminum wheels, and a 5.7-liter LT1 V8 fitted with a 4-speed automatic transmission. The LT4 V8 and 6-speed manual transmission were both optional ($1,250). Installs: 5,412 RPO Z16: Grand Sport Package. Admiral Blue Metallic Paint, white stripe, red “hash” marks on the left front fender and black five-spoke aluminum wheels. Powered by a 330-hp 5.7-liter LT4 V8 featuring a specially-prepared crankshaft, steel camshaft, and water pump gears driven by a roller chain. Available only with 6-speed manual transmission ($2,880 for convertible or $3,250 for coupe). Installs: 1,000 RPO Z51: Performance Handling Package available on coupe and tuned for autocross competition ($350). Installs: 1,869 1997 RPO Z51: Performance Handling Package for autocross 22 Corvette Market FALL 2008 www.vettemarket.com competition ($350). Installs: 1,077 1998 RPO Z4Z: Indy Pace Car replica with purple exterior, black and yellow leather interior, and special trim ($5,039 with automatic transmission or $5,804 with manual transmission). Installs: 1,163 RPO Z51: Performance Handling Package with Bilstein adjustable Ride-Control system. ($350) Installs: 4,249 1999 RPO Z51: Performance Handling Package with Bilstein adjustable Ride-Control system for coupe and convertible, standard with new hard top ($350). Installs: 10,244 2000 RPO Z51: Performance Handling Package for coupe and convertible, standard with hard top ($350). Installs: 7,775 2001 RPO 1YY37 + Z06: The all-new Z06 “model option” was merchandised as a separate model. The hard top included a 5.7-liter 385-hp Chevrolet LS6 V8 and a 6-speed manual transmission with overdrive. The Goodyear tires on the Z06 were an inch wider than standard but 23 lb lighter. The Z06 also featured a windshield and backlight made of thinner glass and a titanium exhaust system to reduce its weight by nearly 40 lb. The Z06 was equipped like the coupe, but with AM/FM cassette and radio optional and no automatic transmission option ($47,500 complete). Production: 5,773 a 20-hp boost made the Z06 the quickest production Corvette ever. This was the result of new hollow-stem valves, a higher-lift camshaft, a low-restriction mass air flow (MAF) sensor and a lowrestriction air cleaner. The Z06specific FE4 high-performance suspension system featured a larger front stabilizer bar, revised shock valving, a stiffer rear leaf spring, and different camber settings. The unique aluminum Z06 wheels were now cast rather than forged. The magnesium wheel option was discontinued. Hydroformed frame rails and a four-wheel independent front suspension with cast-aluminum upper and lower A-arms were other Z06 features. The Z06 (and C5 Corvettes equipped with the Z51 package) now had aluminum front sway bar links and reduced weight. Now standard on Z06s, the Head-Up Display (HUD) system projected the speedometer and many other gauges digitally on the windshield, ahead of the steering wheel. New front pads reduced brake fade. Electron Blue replaced Speedway White as one of five Z06 color choices. As in 2001, an AM/FM cassette/radio was optional in the Z06; no automatic transmission was offered ($50,150 complete). Production: 8,297 RPO Z51: Performance Handling Package ($350). Installs: 6,106 2003 RPO 1YY37 + Z06: The Z06 Corvette continued unchanged and paced the Indy 500 again, though no Pace Car package was produced ($51,155 complete). Production: 8,635 RPO Z51: Performance Handling Package ($395). Installs: 2,592 2004 RPO 1YY37 + Z06: 2004 model Z06 Corvettes featured revised chassis tuning. GM engineers refined the Z06's shock damping to improve handling


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and diminish the impact of yaw and roll. The Z06 was one of a handful of cars to break the eight-minute barrier for lap times over the 14-mile, 170-turn Nürburgring. Once again a Corvette paced the Indy 500 ($52,385 complete). Production: 5,683 RPO 1YY37 YY + Z06 + 1SB: The 2004 Commemorative Edition Z06 had Le Mans Blue finish and included a C5R-style Le Mans stripe scheme, special badges, polished Z06 wheels, and a lightweight carbon fiber hood. For 2004, the regular Z06 was given two performanceenhancing upgrades. A lightweight, race-inspired carbon fiber hood was used on Z06s with the Commemorative Edition option, which weighed 20.5 pounds, 10.6 pounds less than the standard hood. Specifically developed for the Corvette, the Commemorative Edition Z06 hood achieved a higher level of exterior finish quality than previous automotive applications of carbon fiber ($4,335 over regular Z06). Production: 2,025 RPO Z51: Performance Handling Package ($395). Installs: 3,672 2005 The sixth-generation Corvette debuted in 2005, bringing back exposed headlights and a power top for the first time since 1962, plus a host of improvements. The car was five inches shorter and an inch narrower. The engine was punched out to 6 liters, redline went up 500 rpm to 6,500, horsepower went up to 400, and a 6-speed manual transmission was included in the car's base price. Options included OnStar, XM satellite radio, DVD-based navigation, heated seats, and side airbags. All Corvettes had keyless access and start. Once again, a Corvette paced the Indy 500, but there was no Z06. RPO Z51: Performance Handling Package was significantly more expensive, reflecting more content—higher spring rates, cross-drilled brake rotors, engine, transmission, and power steering coolers ($1,495). Installs: 15,345 2006 RPO 1YY87 + Z06: The Z06 returned, based on the coupe body, with aluminum frame, magnesium-supported roof panel, and powered by a small-block 505-hp 7-liter LS7 V8 and 6-speed transmission. It also had an 8-quart dry-sump oiling system, titanium rods, 7,000 rpm redline and 3.7 second 0–60 mph time on run-flat tires. The front facia was wider, with a cold-air intake, and there was much use of carbon fiber in the body. A Z06 paced the Indy 500 ($65,800). Production: 6,272 RPO Z51: Performance Handling Package included specific springs, shocks and sway bars, cross-drilled rotors, Goodyear Eagle F1 tires. Engine, transmission, power steering coolers. Available with 6-speed or automatic ($1,695). Installs: 10,338 2007 RPO 1YY87 +Z06: The Z06 continued relatively unchanged, though the price rose to $70,000. Production: 8,159 RPO 1YY87 Z33: One of two special editions, the Z33 package honored Ron Fellows, the American Le Mans Series racer. It was white with red front fender stripes and each one was signed ($7,500 over regular Z06). Production: 399 RPO 1YY87 Z4Z: The Indy Pace Car convertible was produced in Atomic Orange with a custom interior. It previewed some 2008 details, including wheels ($500 over regular Z06). Production: 500. RPO Z51: Performance Handling Package included specific springs, shocks, and sway bars, cross-drilled rotors, Goodyear Eagle F1 tires. Engine, transmission, power steering coolers. Available with 6-speed or automatic ($1,696). Installs: 10,338 2008 RPO Z51: Performance Handling Package includes specific spring, shocks and sway bars, cross-drilled rotors, Goodyear Eagle F1 tires. Engine, transmission, power steering coolers. Available with 6-speed or automatic ($1,695). Installs: Still in production 2009 RPO ZR1: Evoking the origi- nal high-performance packages of the '70s and the '90s, the all-new C6 ZR1 includes a 638hp supercharged LS9 6.2-liter V8 and 6-speed manual with high-capacity dual-disc clutch. Specific suspension tuning with Magnetic Ride Control provides over 1g of lateral grip, while standard carbon-ceramic drilled brake rotors (15.5 inches in the front, 15 inches in the rear) and larger brake calipers help stop the car from its 200-plus-mph top speed. Body features extensive use of carbon fiber, including fenders, roof panel, rocker moldings, front fascia splitter, and hood, with clear polycarbonate window over engine. Curb weight is approximately 3,350 lb. Only two options are available— chrome wheels, and “luxury” package. Without a doubt the fastest, most powerful Corvette ever produced, with a reported Nürburgring lap time of just 7:26.4 ($103,300). Installs: Still in production ■ 2008 Z06 www.vettemarket.com FALL 2008 Corvette Market 23


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C1 profile 1962 Gulf Oil 327/360 FI Race Car Two cars were ordered with the best factory racing options available and prepared by Don Yenko by Thomas Glatch Chassis number: 20867S103390 G rady Davis's Gulf Oil Racing Team purchased this Corvette in 1962 from Yenko Chevrolet, and the car was campaigned by the “Flying Dentist,” Dr. Dick Thompson, in the 1962 SCCA A-Production Class. The Corvette was sold at the end of the 1962 season to Tony Denman, who successfully raced the car through 1963, finishing second in class at Daytona while battling newer Corvettes, Ferrari GTOs, and Porsches. At the end of the 1963 season, Denman removed most of the high-performance racing parts in order to sell the car as a typical street Corvette. Almost 20 years later, the Corvette was discovered by the Rev. Mike Ernst, who found the Corvette, now painted red, being driven by a college student who was using it as a daily driver. In researching the Corvette, Ernst found the car came with the rare and highly sought-after RPO 687 package, which includes the heavy duty brakes, suspension, and steering. Ernst began restoration of the car in the early 1980s. The disassembly and paint- stripping process revealed the car to be none other than Dick Thompson's 1962 Gulf Oil Corvette. Ernst was able to track down Tony Denman, who had stored most of the high-performance racing parts in his parents' garage before selling them in 1982. With Denman's assistance, Ernst tracked down the buyer of the parts and bought them back, reuniting them with the Corvette in May 1985. Among the list of parts were Stewart Warner gauges, a roll bar, some of the Yenko extra-heavy-duty suspension pieces, aluminum bell housing, separate scatter shield, engine block, cylinder heads, exhaust manifolds, Positraction units, ring and pinions, and various hardware. After these racing parts were reassembled, the Corvette was painted its original Ermine White and blue livery and became the first recipient of the NCRS American Heritage Award. The 1962 Gulf Oil Corvette returned to the track and raced at Laguna Seca and Palm Springs. It was shown at the Corvettes at Carlisle Race Car Reunion and in 2002 underwent a complete restoration by Doug Prince and Jerry Roman. In 2005, the car was inducted into the Bloomington Gold Hall of Fame, was displayed at the Petersen Automotive Museum, and was shown at Corvette's 50th Anniversary Celebration. Last year, the Gulf Oil Corvette underwent another restoration by Kevin 24 Corvette Market FALL 2008 www.vettemarket.com Details Year Produced 1962 Number Produced Base Corvette: 14,531 RPO 582, 360-hp, fuel-injected: 1,918 RPO 687, Heavy Duty Brakes/ Suspension: 246 Note: as few as nine 37-gallon fuel tanks were made by Chevrolet between 1958–62 and were not an official Regular Production Order part Original List Price $4,958.55 CM Valuation Tune-up $150 Distributor Cap $19.99 Chassis # VIN plate on steering column Engine # Pad on front of block below right cylinder head Club National Corvette Restorers Society 6291 Day Road Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1962 Jaguar XKE Factory Lightweight 1965 Shelby Cobra 289 FIA 1966 Porsche 906 CM Investment Grade A $76,000–$134,000 (fuel-injected, non-competition); $1,485,000 (this car, on this day) Photos by Hugh Hamilton © 2008, Courtesy of Gooding & Company


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Mackay of Corvette Repair in New York. The car is comprehensivley documented in a collection of publications that featured articles about its racing career, plus an extensive collection of photos from its racing days. In addition to its NCRS and Bloomington Gold certificates, a bill of sale from Yenko Chevrolet to Grady Davis is also included. CM Analysis This car sold for $1,485,000 at Gooding & Company's auction in Pebble Beach, California, on August 17, 2008. Was it divine intervention that brought Mike Ernst to that Ohio used car lot in 1980, or was it just dumb luck?We'll never know, but considering that Ernst is both a Lutheran minister and one of the world's foremost 1962 Corvette experts, it could be the former. If Rev. Ernst hadn't heard of the rare “Big Brake” Corvette from a friend, one of the most storied racing Corvettes might have been forever lost. Ernst paid just $3,500 for the car, only to discover later that this was no ordinary “Big Brake” Corvette. That he found all of the original racing equipment, including the original engine and a set of Goodyear racing tires that were mounted for the 1962 Sebring race but never used, is all the more miraculous. After displaying the race car at three Bloomington Gold Special Collections and earning numerous other accolades, health issues forced Ernst to sell the Corvette in January 2002 to Vic Preisler. The historic value of this Corvette cannot be overstated. Grady Davis was executive vice-president of Gulf Oil in Pittsburgh and would later be associated with John Wyer's successful Ford GT40 program in the late 1960s, including three victories at Le Mans. But for 1962, “Hi Grade Grady” bought two Corvettes from Don Yenko's dealership, 200 miles down the Pennsylvania Turnpike in Mechanicsburg. The cars were prepared by the Yenko shop They were ordered with the best factory racing options available (and one unavail- able—the ultra-rare 37-gallon fuel tanks went to only a chosen few), and were prepared by the Yenko shop. The Corvettes were also equipped with Motorola two-way 1962 Gulf Oil #2 Corvette History 2/11/62 Daytona Continental 3 Hours 3/11/62 Sebring 12 Hours 4/29/62 Virginia International 5/13/62 Cumberland, MD 6/3/62 Bridgehampton, NY 6/17/62 Elkhart Lake, WI 7/8/62 Lake Garnett, KS 8/5/62 Wisconsin Grand Prix 8/26/62 Connellsville, PA 9/22/62 Watkins Glen, NY 1st in class, 7th overall 2nd in class, 18th overall 1st 1st 1st 1st 1st 1st in class 1st (twice) 1st Daytona radios, possibly the first use of radio communication in a race car. The first race for car #2 was the Continental in February 1962, which resulted in a class victory and 7th overall. The 12 Hours of Sebring in March saw M.J.R. Wylie and Duncan Black finish 2nd in the Production Class and 18th overall, the highest placed Corvette.A month later, with the hard top, windshield, and night lighting removed, the “Flying Dentist” began tearing through SCCA A-Production competition, scoring eight victories on his way to another SCCA National Championship (he was champion in C-Production in 1956 and B-Production in 1957 and 1961). My first encounter with this car came in 1994, in Mike Ernst's barn full of '62 Corvettes, and it's as genuine as any vintage racing Corvette. What happened to the sister 1962 Gulf Oil Corvette? Driven by Don Yenko and Ed Lowther, it finished 3rd in the 12 Hours of Sebring behind the #2 car. Then it seems to have disappeared. One of the two 1961 Grady Davis Corvettes still exist, as do both '63 racers. Possibly, the second '62 was sold as a street car, then lost to history—as the #2 Corvette easily could have been had Mike Ernst not discovered it in 1980. Corvette race cars have commanded top dollar in recent years. Even a 1959 Corvette with only regional racing history (CM Summer 2008, p. 20) brought higher-than-expected results when it sold at $275k. But bidders for the Grady Davis '62 clearly understood the historic provenance and exceptional originality of this car. Gooding & Company anticipated a sale in the $950,000 to $1,250,000 range, which would have made it the highest priced racing Corvette sold at auction. Yet at $1,485,000, it smashed all records. For its history, the Gulf Oil '62 Corvette is worth every penny. ■ (Introductory description courtesy of Gooding & Company.) www.vettemarket.com FALL 2008 Corvette Market 25


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C2 profile 1965 396/425 Convertible Corvette owners are quick to claim “numbers matching” but that was not heard here. And wouldn't a Bloomington Gold certificate add to the value? by Carl Bomstead Chassis number: 194675S118965 W hen the new-for-1963 Sting Ray was introduced, it is unlikely that its creators understood the impact it would make on the automotive world. Long considered a modern classic, the Sting Ray was an unqualified success, outselling the 1962 models by 48%. Meanwhile, a second shift was added at the St. Louis assembly plant to meet the growing demand. While the Sting Ray was continuously improved, the big news for 1965 was the mid-year release of the Mk IV 396 V8 engine, derived from the 427-ci “mystery motor” that was banned from NASCAR. Producing 425 brake horsepower, the 396 option included a mandatory transistorized ignition and 4-speed transmission, while air conditioning was not available. Finally, all Corvettes received four-wheel disc brakes with four-piston calipers and ventilated rotors. This remarkable, unrestored example is one of a mere 2,157 1965 Corvettes equipped with the legendary 396-ci V8. The odometer shows just over 41,000 original miles, and the car is offered complete with both a white hard top and a black soft top. The Corvette also features a set of knockoff finned aluminum wheels, an optional AM/FM radio, power-operated antenna, and a desirable teak-rimmed, three-spoke steering wheel. While not detailed and showing some evidence of road use, the engine, underhood area, and undercarriage are well-maintained, period-correct, and tidy in their presentation. CM Analysis This L78 Corvette sold for $101,750 at RM's Sports & Classics auction in Monterey, California, on August 15, 2008. The Corvette Sting Ray was Bill Mitchell's love child. Its genesis was his privately funded Stingray Special, which was a bootleg backdoor project thanks to the AMA 26 Corvette Market FALL 2008 www.vettemarket.com Details Years Produced 1965 Number Produced 23,562 (8,186 coupes, 15,376 roadsters) Original List Price $4,321 CM Valuation $70,000–$125,000 Tune-up $150 Distributor Cap $25 Chassis # Plate under glovebox Engine # Pad forward of cylinder head on passenger side Club National Corvette Restorers Society, 6291 Day Road Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1962–67 Jaguar XKE SI convertible 1965–67 Austin-Healey 3000 BJ8 1964–67 Pontiac GTO convertible CM Investment Grade B Photos: RM Auctions


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performance ban. It was developed without formal approval from General Motors but with Zora ArkusDuntov's involvement in developing the chassis and drivetrain. The result, the Stingray Special, was driven by Dr. Dick Thompson—the “Flying Dentist”—in SCCA C-Modified competition, and the car won the 1959 and 1960 championships. The race car could not be identified as a Corvette due to a rule buried in the fine print, but many predicted it was the next generation Corvette. When the Sting Ray was introduced in 1963, it was, in nearly every respect, a new Corvette. The styling, particularly the humped fenders, was heavily influenced by Mitchell's Stingray, and the futuristic fastback was the first production Corvette coupe. The quad headlights were retained but were now concealed in pivoting sections that fit flush with the body. The Sting Ray was a smash, and 21,513 of them left dealer showrooms, almost 7,000 more than the record-setting 1962 model year. Based on the Daytona “mystery” engine The 1965 Corvette retained the same basic styling and was easily recognized by the crisp, sharp-edged shape of the 1963, but it had three fully functional vertical fender louvers and a narrow horizontal grille that was blacked out. In mid-March 1965, the big-block Mk IV 396 was introduced as a $292.70 option. It was based on the “mystery” 427 racing engine that showed up for the 1963 Daytona 500. The 396 “Turbo-Jet” was easily recognized by the special hood required for the bigblock. It offered 0–60 mph in 5.7 seconds, 0–100 mph in 13.4 seconds, and could turn the quarter mile with a top speed of 104 mph. Gather a group of Corvette guys and gals at a local watering hole, pose the question as to which is the “best” Corvette, and the resulting discussion will last well past closing time. But the 1965 Sting Ray with the Mk IV 396ci, 425-hp engine will be on most everyone's list because of its crisp styling, four-wheel independent suspension, disc brakes, ground-pounding performance, and the relative rarity of its 1965-only availability, a prelude to the mighty 427 that followed. With that said, why did the example offered here not attract more attention and sell in the anticipated $125,000–$135,000 range? The car was stated to be highly original, and upon inspection there was evidence to support that claim. With a touch over 41,000 miles on the odo, the condition of the interior was com- mensurate with the mileage. That was not the case under the hood, as a clean rag had not made an appearance in some time. The spark plug wires were unusual and the plugs lacked the cadmium heat barrels. Also, the distinct paint demarcation between the orange cylinder heads and the totally unpainted exhaust were atypical of an unrestored car. Sidepipes and knockoffs would have been rare indeed A car that came with factory sidepipes and knockoff wheels would have been rare indeed in 1965, so odds lean heavily in favor of reproduction parts in both cases. The bigger question was documentation of the Mk IV engine. Corvette owners are quick to claim “numbers matching,” but that was not heard here. Also, if you have a rare, highly sought-after Corvette you are claiming is original and unrestored, would not a Bloomington Gold certificate add to the value? Given the end result of the bidding, what seems to have made the most impression on the potential buyers is what was NOT stated. If the numbers do line up, somebody made a hell of a buy. ■ (Introductory description courtesy of RM Auctions.) www.vettemarket.com FALL 2008 Corvette Market 27


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C3 profile James Garner's 1968 L88 AIR Race Car “We had to be going 130 to 140 nose-to-tail and we passed a cop. He didn't want anything to do with us” by John L. Stein Chassis number: 194678S405175 T hree factory-built Corvette L88s left the St. Louis plant for delivery to James Garner's Los Angeles-based American International Racing (AIR) team in November 1967. These Le Mans Blue convertibles were the first production models featuring the new L88 engine with first-generation closed-chamber alu- minum heads. The cars were actually picked up at Gene Jantzen Chevrolet in St. Louis and then driven to California by Dick Guldstrand, Bob McDonald, and Perry Moore. As soon as the cars arrived, the engines were taken to Travers & Coons (TRACO) to be prepared for racing. At the 24 Hours of Daytona, the two cars out-qualified all other FIA competition in their class. Unfortunately, endurance races are the true test of all things mechanical, and the #44 car driven by Dick Guldstrand and Ed Leslie suffered numerous problems with the rear differential and finished 29th, well downfield. The cars were put up for sale, and the AIR team ran the Sebring 12 Hours with two Lola T70 Mk II coupes instead. In June 1968, a mobile home manufacturer, John Crean, bought all three Corvettes. He subsequently offered the cars for resale via advertisements in Competition Press. Eventually, in 1973, the #44 car was purchased by Jim Herlinger, who entered the SCCA's National series in the A-Production Class. Many years later, when Jim Herlinger decided he might like to get back into racing, he was skeptical about the possibility of finding his old car. But David Reisner eventually located it, and Herlinger's brother Dave undertook the restoration at Herlinger Corvette Repair in Mountain View, California. Since the restoration, Herlinger has run the car at a number of historic and concours events. By the end of the 2007 season, the car had raced eight times and had won its class at one HSRA race at Laguna Seca. 28 Corvette Market FALL 2008 www.vettemarket.com Details Years Produced 1967–69 Number Produced 216 Original List Price $5,267.90 CM Valuation $275,000–$2 million Tune-up $400–$500 Distributor Cap $25 Chassis # Lower left windshield frame Engine # On block in front of right cylinder head Club National Corvette Restorers Society 6291 Day Road Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1965–66 Shelby GT350 R, 1965–67 Shelby Cobra 427, 1971–73 Ferrari Daytona Factory Competition CM Investment Grade A Photos: Bonhams & Butterfields


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The car has also won trophies at the Hillsborough, Palo Alto, and Monterey del Oro Concours. Guldstrand drove it at the 1999 and 2002 Historics at Laguna Seca. CM Analysis This car sold for $744,000 at the Bonhams & Butterfields auction at As the old AM radio stations used to sing, “The hits just keep on coming.” Only Quail Lodge in Carmel Valley, California, on August 15, 2008. instead of Johnny Rivers or Creedence Clearwater Revival, some of the biggest automotive hits these days are the auction sales of cars, bikes, and memorabilia once connected to America's most famous “real” car guys. Steve McQueen's $2.3 million Ferrari Lusso. A Von Dutch helmet for $22,230. Or Carroll Shelby's $5.5 million personal Cobra. Naturally, what financially separates these celebrity-owned items from their more common brethren is mostly the provenance that such ownership brings. With the above-referenced AIR '68 Corvette, provenance strikes again, this time riding the triple coattails of movie star James Garner, Corvette racer extraordinaire Dick Guldstrand, and the legend of the big-block L88 itself. “We got together through the movie ‘Grand Prix,' and to do something special afterwards we bought three L88s and converted them to race cars,” Guldstrand recalls. “We raced them one time and did a lot of publicity with them.” The “famous owner” premium The appeal of owning a genuine FIA race car driven by Guldstrand and owned (in part) by driver/actor Garner is unmistakable, and with the chain of ownership of this car well documented, there was no doubt about its authenticity at auction. The quality and accuracy of the restoration were also said to be superb, and the fact that Dick Guldstrand himself fired up the car and rumbled it onto the stage certainly didn't hurt. (In fact, such perceived validation of authenticity might have added significantly to the price.) The L88 sold for $744,000 including buyer's premium, a heady increase over the $250,000 to $500,000 a buyer might expect to pay for a perfectly restored street L88 of the same year. However, a genuine 1967 L88—the first year the option was offered and the last year of the quintessential Sting Ray body design—can command a much greater $2m to $3m today. But then, only 20 L88s were built for the highly coveted 1967 mid-year body design, compared to 196 for the next-generation “shark” design of 1968–69. “Actually, I think it was worth more,” Guldstrand says of the ex-Garner AIR car. “I think it was a very good deal. There are not that many cars that were run that way, with James Garner, setting track records.” Holding this car back from topping a million dollars is that it is a C3 Corvette and not the C2 mid-year model, and the fact that it only had a one-race FIA career and became a club racer after that. Still, three quarters of a million dollars is not exactly chump change for a Corvette— especially when it's a privateer car and not a factory racer. Why the L88 option matters In 1968, Chevrolet's Regular Production Order (RPO) L88 was the highest evolution of the Corvette available to mortals. Boasting a monstrous 427-ci iron V8 with aluminum heads, a close-ratio racing transmission, and racetrack-calibrated suspension, it was the boldest, brashest, most authoritative mass-produced car you could buy (not including low-production cars like the Cobra, of course). Even 40 years later, among Corvette disciples the name L88 still commands all the respect afforded to a priest's smoking thurible at Saturdayevening mass. And a hell of a lot more www.vettemarket.com FALL 2008 Corvette Market 29 guys will talk about the tire-smoking L88 they saw on the way home. Or on an empty western highway sometime in late 1967. “The only time all three cars ever drove together was on the highway from St. Louis to L.A.,” Guldstrand recalls with a sparkle in his eye. “I can remember that like it was stamped in my brain. We put little tufts on the cars and got up close to each other to see how they would react at speed. We had to be going 130 to 140 nose-to-tail and we passed a cop. He looked up and then looked down again real fast—he didn't want anything to do with us. We were clear out of control.” From 1967 to 1969, GM's St. Louis plant turned out 216 Corvette L88s in both C2 (1967) and C3 (1968–69) configurations. Articles and books about the L88 have fanned the flames ever since, but in the final analysis it's really the deed that determines the legend, and the L88 decidedly backed up the hype that flacks and hacks put to paper about Chevrolet's big-block ground-pounder. As Guldstrand discovered when he took a '67 L88 to Le Mans in 1967, “You sure found out if you were going to be a great driver or a candy ass in one lap.” The uniquely powerful and phallic design of the 1968 Corvette, together with the L88's huge engine, enormous street credibility and genuinely terrorizing performance, had a dramatic effect on enthusiasts back in 1968 that is still vibrant and valid today. So was this car worth the cash? Plastic fantastic flyer though it may be, the Garner AIR L88 is easily aligned with the times in terms of celebrity value, and unlike an otherwise useless Von Dutch helmet with a rubber nipple on the top, the new owner of this car, for the price of a Palm Beach condo, can likely gain entrance to top vintage events anywhere in the U.S. or Europe—and have the time of his life driving in them in a car with genuine star power. Viewed in these terms, it was indeed a bargain. ■ (Introductory description courtesy of Bonhams & Butterfields.)


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C4 profile 1992 Lingenfelter ZR-1 The 475-hp/415 ft-lb ZR-1 cost $65,000… huge money at the time, and in today's dollars, a new Corvette ZR1 with money left over by Michael Pierce Chassis number: 1G1YZ23J5N5800207. T he catalog notes on the 1992 turquoise ZR-1 that sold at Mecum's Bloomington Gold auction in June were brief to the point of terse, but they said everything that needed to be said: “Lingenfelter 475 hp package, 3.92 performance gears, Borla SS exhaust, Wilwood 6-piston brakes, FX3 suspension, dual removable roofs, complete maintenance records, well-maintained California car, 47,900 actual miles, 6-speed manual transmission, all available options, Bright Aqua Metallic with Black interior.” CM Analysis This car sold for $24,675 at the Mecum Bloomington Gold auction in St. Corvette Market magazine likes to classify cars as being “well bought” or Charles, Illinois, on June 28, 2008. “well sold,” and this 1992 ZR-1 Corvette, modified by Lingenfelter Performance Engineering, was certainly well bought for those who want a secondary driver with huge performance and panache. CM auction reporter Dan Grunwald called it “an 30 Corvette Market FALL 2008 www.vettemarket.com absolute steal” and counted it his Best Buy at the St. Charles auction. The original cost of this loaded, Bright Aqua over black leather ZR-1 (27 in this color out of 504 built) was about $65,000. It was built November 25, 1991. The 475-hp/415-ft-lb LPE package cost an extra $16,000… huge money at the time, and in today's dollars, $65,000 equalled a new Corvette ZR1 with money left over. Lingenfelter has been in the motor tuning business for 30 years. Along with Mallett, the company is known for modification packages that turn docile production motors into monster street machines. The company also backs up its work with a three-year warranty. According to its product materials, LPE modifies


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Details Years Produced 1990–95 Number Produced 504 Original List Price $65,000 CM Valuation $25,000–$50,000 Tune-up $3,000 at a race shop Distributor Cap $21.75 Chassis # Driver's side dash at windshield Engine # Pad forward of cylinder head on right side Club National Corvette Restorers Society 6291 Day Road Cincinnati, OH, 45252-1334 More www.ncrs.org Alternatives 1980–85 Porsche 930 Turbo 1985–91 Ferrari Testarossa 1997–2004 Jaguar XKR CM Investment Grade B “GM F-bodies (Camaro, Firebird), B-bodies (Impala SS, Caprice, Roadmaster, Fleetwood), Corvette, CTSV, GTO, Silverado, Suburban, Tahoe, Escalade, Denali, SSR, Hummer H2, and Sierra.” It has also produced engine packages for the Dodge Viper and Plymouth Prowler. The fastest, most expensive car LPE has done is a 2006 Z06 Corvette with 1,109 rear wheel horsepower, priced at $289,000. One of LPE's four-wheel-drive Tahoes with a 350-ci V8 bored out to 396 ci produced 500 hp and turned times equal to or better than 1984–96 Corvettes. Lingenfelter powered the Sledgehammer On p. 26 of the Summer 2008 issue of Corvette Market, I wrote about the Callaway Twin Turbocharged Corvettes, RPO B2K. In 1988, the world-famous Callaway Sledgehammer was designed and produced by Reeves Callaway—but the engine design and engineering were John Lingenfelter's work. The twin-turbo, electronic-fuel-injected 355-ci V8 produced more than 900 horsepower and was driven from Old Lyme, Connecticut, to Ohio in October 1988. After days chasing down an elusive misfire, Callaway had to fly to England. He came back with a bad cold and asked Lingenfelter to make the run on the Transportation Research Center's 7.5-mile oval. Lingenfelter set a world record for a street-legal car at 254.76 mph. That's 1.26 mph faster than a Bugatti Veyron—20 years ago. Lingenfelter's next project was a 355-ci V8 built for the SE Racecraft Firebird Trans Am car, which was aiming to set a Bonneville record. The car produced 1,400 hp and was expected to break the 300-mph mark. Six nitrous bottles were used not for induction, but to cool the intercoolers. The car turned 298 mph. In 2002, a Corvette Z06 LPE twin turbo ran 0–60 mph in 1.97 seconds. Rock solid technology that stays together Project after project has shown that LPE is capable of rock-solid performance combined with stay-together technology. It's one thing to run huge numbers on a dyno, quite another to put them in street cars with pump gas and street tires and still turn in high-performance figures every day. Think about it this way: Since LPE's work is guaranteed to stay together for three years or 36,000 miles—it's built to last. You probably couldn't do it yourself for anywhere near the same cost. So what do you get for your money in the four- to five-week process? Original engines are removed, disassembled and sanitized. From that point, LPE completely balances, blueprints, and reassembles the block, heads, and injection system. Only the finest race-ready parts are used. To assure consistency and extremely close tolerances, several three- and five-axis CNC milling machines prepare the block and heads, followed by hours of hand-porting and -polishing. When completed, the finished engines are dyno tuned, reinstalled in the car, and road-tested before being picked up by or delivered to the owner. NCRS member Tom Christman of Mecum Auctions raised a valid question about this car: For the same money, why not buy a Corvette that's two generations newer, with the same or better performance, traction control, brakes, steering, suspension, and a much easier entry and exit? There are thousands of used Corvettes on the market. Why buy this one? This ZR-1 represents a bridge between older technologies combined with after- market performance like today's C5 and C6 Corvettes. It brings the owner reliability, experienced tuning, and interest among Corvette and auto enthusiasts everywhere the hood is opened. Mallett, Callaway, and LPE are major players. When you drive one of their cars, every mile is a memory. There is a confidence in knowing you've got plenty of pulling power and that you have a wide safety margin to overtake anything. Furthermore, once you get past 1984, most people have a hard time telling one Corvette from another. The open hood and badging on these “tuner” cars slow people down to stop, look, and listen to an owner's stories. It's not always about new stuff or actual value. A Lingenfelter Corvette supplies an intangible quotient that drives an owner to buy something different in a world of same. Which is all a way of saying that financially, this was a very good deal for the buyer. And emotionally, in terms of rarity, personal satisfaction, and getting a seat near the top of the late-model Corvette pecking order, this was a screaming deal.■ www.vettemarket.com FALL 2008 Corvette Market 31 Mecum


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C5 profile 1998 Indianapolis Pace Car Convertibles GM has been known to improve or sometimes cheapen cars as they near the end of a production cycle, but Corvettes have always been above that by B. Mitchell Carlson A fright pig that sold at $23k T he 1997 model year remains the single most radically changed Corvette in history. Even with the transition from the C1 to the C2 in 1963 and the C3 to the C4 in 1984, the same engines were carried over from previous years. But with the introduction of the C5, everything was new—frame, body, engine, and transmissions, which were now transaxles. So the C5 had the greatest possibility to become a major disaster if the build quality was not up to snuff. For the most part, the team at Bowling Green did a good job on quality control. However, the early C5s still have their Achilles heels. To give us some perspective, we'll look at two 1998 Indianapolis Pace Car-edition C5 rag tops—a used and abused fright pig and a low-mile cream puff. 1998 Indianapolis Pace Car Convertible Chassis number: 1G1YY32G3W5 Highly scuffed and polish-scratched paint job on most surfaces. There are also several paint cracks on both fascias from light collision impacts. The door-to-body seals are starting to curl over and get loose. The door glass doesn't seal well to the top weatherstrip, as it contacts the top fabric on the upper rear corner of the window on the passenger's side. While it seems to run out fine, there were tire pressure monitor alarms on all four corners. Moderately cleaned-up engine bay, untouched undercarriage. The right side stock exhaust outlets are bent inboard about five degrees. Some heavy wear to the top is apparent, but it's still waterproof. Body panel gaps are nothing to brag about. No front license plate frame or cover plate. Dealer-applied plastic carpet protectors can't cover the fact that the interior has a great deal of wear for a 51,000-mile car. The 1998 Pace Car has to be the most garish Corvette ever, especially with those hideous yellow alloys. This was also something of a local fright pig, having been at several 32 Corvette Market FALL 2008 www.vettemarket.com Mecum Kansas City auctions, plus a few others. Bought by an out-of-town dealer, who snapped up a couple of newer Corvettes as well. This car was declared sold for $22,838 at the Mecum auction in Kansas City, Missouri, on December 1, 2007. 1998 Indianapolis Pace Car Convertible Chassis number: 1G1YY32G3W5117387 An 18,191-mile car, all-original except for fuel rail covers painted body color, taillight O-ring seals, Interstate battery, and sound deadener pads between the seats and the top compartment. Apart from the IPC package, there are no other options on the car. Like-new paint and decals. There is some light fogging of the front turn signal lenses. The original Goodyear EMT tires are right down to the wear bars. Very clean engine bay, and you can tell it's always been that way. Also, there are no GM Campaign (recall) stickers in the driver's side wheelwell top, or actually anywhere in the engine bay. Clean undercarriage shows minimal use. The yellow leather shows only light soiling and wrinkling, along with the floor mats. Overall, well-preserved. The fact that there's no obvious proof it hasn't been updated with any of the recalls from this era would be the only thing that would make me a bit leery. If it was


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truly going to be a future Bloomington Gold Survivor, the owner shouldn't have put so many miles on it, or should have at least taken off the run-flats and used aftermarket wheels and rubber. The consignor wanted $34,000, which isn't far out of line, but both he and the final bidder couldn't meet in the middle. This car did not sell for $30,000 at Kruse's Fall Auburn Auction in Auburn, Indiana, on August 30, 2008. CM Analysis Both of these cars claimed to be lower-mile- age examples, and as far as the average used car goes, this is true. However, the bulk of Corvettes are not used as daily commuters—especially the “instant collectible” IPC edition. Still, 51,000 miles for a scruffy, poorly kept 1998 is a believable distance. The Kruse car is an original owner's “nice sunny day” driver-cum-investment car, which gets exercised just enough to keep the gaskets in the powertrain pliable. Which leads us to the reliability issue. One hears sto- ries of recalls on the earlier C5s, but from 1998 on, things tend to be pretty equal for all model years. There were two recalls (or campaigns, as GM prefers to call them) that affected the 1998 models, plus an NHTSA recall on an aftermarket lighting assembly. Steering column problems plague all years Right out of the gate, the 1997s had a recall of suf- ficient importance that owners were urged to flatbed their cars to the dealership to have rear suspension hardware changed. However, it only affected the first 1,414 cars built. The inaugural-year cars had two additional NHTSA recalls during their first year, one relating to the seat belt anchors, the other regarding fuel tank assemblies, plus one that required a remapping of the computer to retune it for cleaner emissions. Two additional recalls in later years included the 1997 cars and dealt with the steering column lock, an issue that seems to affect all years of C5. The column lock issue is perhaps the most pervasive C5 gripe. While other problems, such as the fuel tank/fuel pump issue, were resolved by the time the last C5 was built, column lock problems trouble all years of production. By comparison, it's a non-issue for the C6, as that car uses a totally different system. There have been a total of three “campaigns” on the subject—the currently A cream puff that didn't sell active one being NHTSA ID Number 04V060000 EA02031. First issued in February 2004, this is current for all C5s that haven't had the re- placement column lock installed. That is, if you want the replacement installed. The consensus—not readily disputed by GM—is that the fix doesn't really work. In fact, there's a legion of enthusiasts who feel the fix will actually make things worse. The service manager of the dealer I take my 2004 to recommended not to have the work done. “Yours works,” he said. “Don't mess with it.” Neither of these cars shows GM recall stickers This is because as part of the recall, the dealer cleans the CPU and remaps it with a new program. The kicker is that if the computer senses a column lock-up, it will shut off the fuel flow to the motor. Not a bad idea if the column locks on the entrance ramp to the Mixmaster in Fort Worth, but replacement column lock sensors have been known to give false alarms. The claimed “real” fix is to purchase a Column Lock Block from Corvettes of Houston (www.corvettesofhouston.com). Neither of these cars had GM Campaign stickers in the usual locations. While the 18,000-mile cream puff owner may be more inclined to blow off a recall on a non-critical issue (such as the changed mountings for the seat belts to avoid a lockup when the webbing twists) in order to keep the car as close to as-delivered condition as possible, the fact that it was slightly modified nullifies the Bloomington Gold time capsule attempt. As for the 51,000-mile car, it's ragged enough that recalls are the least of its problems. GM has been known to improve or sometimes even cheapen cars as they near the end of a cycle, but Corvettes have always been above that. I own a 2004 Commemorative edition—the last year of C5—and my car has been extremely reliable over the last year and 11,000 miles. As of now, there is only a single recall on it—the column lock issue. Whether you choose a 1998 Indy Pace Car edition or a 2004 Le Mans Commemorative edition, your taste in color coordination (or lack thereof) should be more of a factor than if it's an earlier or later car. As to the relative good deal/bad deal CM assessment, that's pretty easy here, and you've probably already made the decision yourself. The scruffy car, at $22,838, was a brave buy at best. There are simply so many C5 Corvettes out there for sale that it doesn't make any sense to buy a ragged one, unless you get it nearly free; or in this case, for well under $20,000. This car will easily suck up the $5,000 difference between it and a good low-mileage car, and when you're done, you've got Mr. Scruffy wearing lipstick. On the other hand, the cream puff, at a failed bid of $30,000, should probably have sold, and I wonder what the consignor is thinking now as the economy continues to slide south. When times get tough, luxury items like sports cars are among the first things to feel buyers' indifference, so it will be harder today to find a $30,000 buyer than it was a few months ago. My advice here is never to fall too much in love with your car so that you turn down a reasonable offer. You simply don't know when the next one will come along, and once you've decided to sell, it can make you crazy looking at it every night in your garage. ■ GM recall sticker www.vettemarket.com FALL 2008 Corvette Market 33


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C6 A Selection of C6s that sold recently on eBay 2006 Cadillac XLR-V convertible mini profiles EBay #300261800787. S/N 1G6YX36D465602599. Silver/black leather. Odo: 10,813 miles. 29 Photos. Condition inferred from sellers' descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. sf=seller's feedback; bf=buyer's feedback Springfield, MO. “only 10,813 miles!!! Loaded with lots of equipment and options, DVD Navigation System, Keyless Entry / Keyless Start System, Premium Sound System, CD Changer, Power Retractable Hard Top, Supercharged V8, 6 Speed Automatic Transmission, Heated and Cooled Seats, Dual Zone Climate Control, XM Satellite Radio, Factory Floor Mats, 19” Wheels, Onstar System, Homelink Garage Door System and on and on! Outside is in perfect condition as the pictures show, no dents, dings, or damage present” 1 BuyIt-Now bid, sf 1412, bf private. Cond: 2+. CM Analysis SOLD AT $47,999. Cadillac, Shmadillac. Who doesn't know this is a Corvette in a prom dress? This one was a very good value, if you are into that sort of thing. Oh, is that what the V stands for? Value? 2006 Chevrolet Corvette Z06 Hennessey Z600 coupe EBay #250299730632. S/N 1G1YY26E065101621. Black/black & red leather. Odo: 12,649 miles. 18 Photos. Clearwater, FL. $100k-plus spent includes WCC forged wheels, radar w/jammer, Zoom dual clutch, 100-hp N.O.S. system, and custom body mods. “I always have strived to have the fastest car on the road. I sent my Corvette to Hennessey and had the Z600 package installed. I was able to achieve over 700HP and a 0-60 time in under 3 seconds. I love this car but my wife of 13 years is tired of me spending our retirement on cars so I am stuck selling my baby and am left with a Nissan GT-R that both of us can drive.” 10 bids, sf 36, bf 2. Cond: 2+. CM Analysis SOLD AT $57,500. Decisions, decisions... 13-year marriage or three seconds to 60? Hennessey Corvette or Nissan GT-R? Nitrous oxide or pre-nuptial agreement...? Hmmm. Well, the buyer's decision was probably made easier by the fact that the seller just spent $4/mile (not including a similar expenditure on gas) to build one badass 'Vette. Well bought, but more in the sense of well found than well priced. 2007 Chevrolet Corvette Callaway convertible EBay #160284701864. S/N 1G1YY36U175110827. Black/black cloth/black leather. Odo: 3,719 miles. 24 Photos. Irwin, PA. MSRP $85,965. “THIS IS BELIEVED TO BE THE ONLY TRIPLE BLACK, AUTO, CONV., 560[bhp] SUPERCHARGED CALLAWAY THAT WAS PRODUCED. A TRUE COLLECTORS CAR. ALL DOCUMENTATION IS TRANSFERABLE TO THE NEW OWNER. FULL TRANSFERABLE WARRANTY FROM GM AND CALLAWAY CARS... THIS CALLAWAY JUST MADE A TRIP TO DETROIT AND GOT 28.4 MPG AT 80 MPH.” 26 bids, af 125, bf 8. Cond: 1. CM Analysis SOLD AT $58,300. Somehow, when I want something I never have the patience to wait for an Well bought, though this price was technically market-correct. 2008 Chevrolet Corvette convertible EBay#170263981483. S/N 1G1YY36W485121923. Atomic Orange/tan canvas/tan leather. Odo: 158 miles. 9 Photos. Lewisburg, TN. Brand new, never titled, delivery miles only. Most of the description comes as an answer to the only question in the Q&A, “6spd paddle shife automatic w/ 3LT package MSRP $66,255 GM employee price is $55,548.10.” 1 Buy-It-Now bid, sf 0, bf 18. Cond: 1. CM Analysis SOLD AT $52,548. To the victor go the spoils: If you still have cash lying around to buy new (obviously). Now could I interest you in a quad-cab dually pickup? luxury items during a recession, you are likely to be getting good deals like this. Well bought 2009 Chevrolet Corvette ZR1 coupe #170264109977. S/N N/A. Jetstream Blue/Dark Titanium leather. 57 Photos. Atlanta, GA. “M.S.R.P. is $118,155.00. This vehicle is scheduled for production 9-25-2008 and will be ready for delivery to you no later than October 19th 2008. This vehicle is being sold by Jim Ellis Chevrolet, a Chevrolet franchise dealership... Powered by a supercharged LS9 6.2L 638 h.p. engine, with a Tremec TR6060 6 speed manual transmission... Extra options: Spoiler Kit, Full Width; Federal Emissions; Bose audio w/ NAVIGATION; Magnetic Selective Ride Control; ZR1 Chrome Aluminum Wheels.” 31 bis, sf 2813, bf 114. Cond: 1. CM Analysis SOLD AT $159,900. Follow the money: dot coms> dot bombs> real estate boom> mortgage crisis> supercharged Corvettes... OK, probably not. But I'll bet the gross on this overbid more than compensates for a few weeks of big SUV no-sales down at Jim Ellis. Just don't expect the buyer to be able to turn a profit. ■ 34 Corvette Market FALL 2008 www.vettemarket.com example like this. How can you go wrong with a warranty, a slushbox, and a $30k discount?


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Market Report Overview 129 Corvettes Total $5.3m Many cars saw market pricing, while sellers looking for more came home with their 'Vettes by Jim Pickering M arket instability has been the source of much conversation throughout the better part of the last year. Although a number of sales over the past few months struggled to achieve the same totals realized in 2007, others have seen stable results despite current turbulence within the U.S. economy. CM's Auction Analysts were present at sales across the U.S. and around the globe throughout the late summer and early fall months, recording prices as they happened and tracking changes in the market for each generation of Corvette. In August, Auction Analyst Mark Rudnick made his way to Pennsylvania for this year's edition of Corvettes at Carlisle, where 28 of 80 cars sold. The event saw mild weather throughout the weekend, a far better proposition than last year's tornado, but general attendance was down. Although the company's decision to wave initial consignment fees and bidders' registration fees brought more bidders into the room, fewer of those bidders raised their paddles, resulting in a drop in totals from last year's $1m to $708,278. However, the sale percentage rose to 35%, up from 32%, with 16 cars selling at under $20k compared to ten in 2007, showing the market for entry-level and mid-level cars still to be solid despite current woes. Across the market, buyers looking for a solid-axle car had plenty of choices at a number of different price points, including everything from a $44,000 1954 roadster fitted with a later V8 and aftermarket gauges at Silver's Reno sale in early August, to the $1.5m 1962 Gulf Oil racer offered by Gooding & Company in Pebble Beach later that month. On the whole, C1s showed some slowing in appreciation, but good cars with good history still brought relatively solid numbers. C2 prices also gener- 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 ally leveled over the past few months, with many cars crossing the block at different locations around the world failing to sell at what were in many cases close-to-market bids. That said, the downturn in the economy did present some opportunities for bidders to acquire cars at a discount Top Ten Sales This Issue 1. 1962 Corvette 327/360 FI Gulf Oil racer, $1,485,000—Lot# 121, p. 58 2. 1968 Corvette L88 Competition convertible, $744,000—Lot# 355, p. 64 3. 1959 Corvette 283/290 FI convertible, $138,000—Lot# 205, p. 63 4. 1967 Corvette 427/435 convertible, $138,000—Lot# 237, p. 73 5. 2009 Corvette ZR1 coupe, $137,500—Lot# S99.1, p. 73 6. 1958 Corvette 283/290 FI convertible, $121,000—Lot# 54, p. 54 7. 1957 Corvette 283/283 FI convertible, $115,500—Lot# S150, p.52 8. 1963 Corvette 327/360 FI coupe, $110,000—Lot# 47, p. 58 9. 1965 Corvette 396/425 convertible, $101,750—Lot# 253, p. 62 10. 1967 Corvette 427/435 convertible, $94,500—Lot# F193, p. 64 Best Buys 1. 1967 Corvette 427/435 convertible, $94,500—Lot# F193, p. 64 2. 1990 Corvette ZR-1 coupe, $18,900—Lot# S44, p. 72 3. 1972 Corvette 454/270 convertible, $37,800—Lot# 398, p. 68 4. 1962 Corvette 327/360 FI convertible, $69,300—Lot# 261, p. 56 5. 1985 Corvette coupe, $6,825—Lot# F110, p. 71 to market, including a 1967 427/435 convertible that sold at Mecum's St. Charles sale in October at $94,500—or $43,500 under the $138,000 paid for the same car at RM's Monterey event just a few months prior. Shark cars followed the same pattern, with a number of them bringing numbers consistent with what would have been expected last year. Compared to the C2s on offer, more C3s sold, which was likely a function of their generally lower market value and recent stability in pricing. Corvettes at Carlisle sold a 1970 350/350 convertible in August at a correct $29,925, while Silver Reno offered a nicely restored 1972 454/270 convertible at $37,800. Later cars were in most cases still viewed as used cars, but they offered plenty of performance for the money at the prices paid. A 1985 coupe sold at Fall Carlisle in October for just $6,825, while a 1990 ZR-1 was a good buy at Mecum St. Charles for just $18,900—$10k less than a similar example with fewer miles brought at Corvettes at Carlisle in August. Excellent condition and good documentation have in the past been the two main components required to bring top dollar for collectible Corvettes, but buyers are now being much more careful in parting with their money. Sellers in need of moving their cars have generally had to meet buyers halfway, and that has been reflected in both the number of no-sales and the prices realized across the board. ■ 36 Corvette Market FALL 2008 www.vettemarket.com


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Market Report Carlisle Auctions Carlisle, PA Corvettes at Carlisle Lower-end drivers showed they still have a market, while high-end originals and restored cars were a harder sell Company Carlisle Auctions Date August 22–23, 2008 Location Carlisle, Pennsylvania Auctioneers Jim Landis & Ed Lucas Corvettes sold / offered 28/80 Corvette sales rate 35% Corvette sales total $708,278 Corvette high sale 1967 Corvette 427/390 convertible, sold at $86,500 Buyer's premium 5%, included in sold prices No storms in Carlisle this year, but just 28 of 80 'Vettes sold Report and photos by Mark Rudnick Market opinions in italics C orvettes at Carlisle is known as the world's largest all-Corvette show. Whether it's your first or 27th visit, and whether your interest is solid-axle Corvettes, midyears, Sharks, or later models, Carlisle has it all. This year's event was graced with ideal mild weather conditions, as opposed to last year's torrential rain and wind, which leveled a number of tents and caused damage to several cars. But while the weather was comfortable, the dark clouds looming over the American economy were close enough to be felt, as both vendor participation and event attendance were down this year. The traditional long line of Corvettes standing bumper to bumper in traffic along Route 11 was absent, the rows in the fairgrounds were not as crowded as they usually are, and vendors did not do the brisk business to which they are accustomed. All of which meant that those in attendance at the auction were presented with a number of readily available bargains. This was the second year the auction had Carlisle Sales Totals been handled in-house by the Carlisle Events Organization and held in the Carlisle Expo Center, an ideal air-conditioned facility for the event. This year, to induce greater participation on the part of buyers and sellers, the entrance fee for the initial consignment was waived and the registration fee for bidders eliminated. This change resulted in an increase of registered bidders, up from last year's 150 to 190. Regrettably, consignments were down from 82 in 2007 to 80 this year, and while the bidders' gallery was full and auctioneer Jim Landis and announcer Ed Lucas did their best to motivate those holding the paddles, there 38 Corvette Market FALL 2008 www.vettemarket.com $200k $400k $600k $800k $1m $1.2m 2008 2007 was not a lot of competitive bidding. Many in attendance were simply curious to see what prices Corvettes would be bringing in today's marketplace. The auction saw representation from each generation of Corvette. There were eleven C1s, with a sales rate of 18%, 22 C2s, with a sales rate of 23%, 29 C3s, with a sales rate of 45%, eight C4s, with a sales rate of 50%, four C5s, with a sales rate of 75%, and six C6s, with a sales rate of 33%. In total, 35% of all cars sold for a total sales figure of $708,278, as opposed to last year's 32% sold for $1,023,698. Last year's high sale was $147,000 for a 1967 427/435 convertible, while this year's was $86,500 for a 1967 427/390 hp convertible. Last year, five cars sold above $50,000, while ten cars sold under $20,000. This year, only three cars sold above $50,000, while 16 cars sold under $20,000. This decline in sales dollars was no doubt related to current economic uncertainty, the fact that predominantly low-end drivers still have a market, and the willingness of high-end Corvette sellers to wait for a rebound in the market before consigning their cars. Although this year's auction didn't set any records, it did show some stability in the Corvette market. Given the commitment of the Carlisle Events Organization to this sale, I'm sure it will continue to grow, but only when the Corvette market returns to full vitality and buyers and sellers of higher-end investment grade Corvettes return to the auction arena. ■


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Market Report C1 #F50-1954 CHEVROLET CORVETTE Custom roadster. S/N E54S003634. Polo White/beige nylon/red vinyl. Odo: 72,941 miles. 235-ci supercharged straight 6, auto. A very late production 1954 modified with a McCulloch supercharger and converted to single-speed direct drive. The exterior appears to be factory original lacquer and is in stunning and came with a recent Bloomington Gold Award. The high bid of $85,000 does not approach the cost of the restoration or the value of a car in this condition. The money has been spent, so the owner should enjoy ownership of this beauty and await a rebound in the market. good condition, body panel fit factory-typical. Interior presents as an older restoration, with window rubbers, steering wheel, and gauges looking original and aged. Engine area is clean but highly modified. Cond: 3+. SOLD AT $68,250. This 1954 Corvette was the sixth from the last produced. As such, it would be nice to see it presented in factory-original form. As a modified classic Corvette, the seller was fortunate to find a buyer willing to pay this price. #F46-1956 CHEVROLET CORVETTE convertible. S/N E56S001928. Cascade Green & beige/beige cloth/beige vinyl. Odo: 53 miles. 265-ci 240-hp V8, 2x4-bbl, 3-sp. Fitted with RPO 449, increasing horsepower from 225 to around 240 through the addition of a high-lift camshaft. Paint excellent, glass and #F31-1960 CHEVROLET CORVETTE convertible. S/N 00867S109516. Horizon Blue & white/white vinyl/blue vinyl. Odo: 85,286 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Exterior paint looks good, but on close examination, there are chips in front and rear on driver's side. Body panel fit good with all factory typical gaps. Glass and chrome nice, interior appears to be a well maintained older restoration. Engine area Carlisle Auctions Carlisle, PA top in good condition. Well-cared-for older replacement interior, engine area is factory original and in good condition. Engine rebuilt and blueprinted by John Lingenfelter, fuel injection system rebuilt by John DeGregory. Cond: 2-. NOT SOLD AT $87,000. First seen at Corvettes at Carlisle in August '07, where it didn't sell at $92,000 (SCM# 46629). Seen again at Carlisle in October '07, where it didn't sell at $80k (SCM# 47111). Again appeared at Carlisle in April '08, this time a nosale at $65,000 (SCM# 116469). Given these results, this bid appears to be full value in today's marketplace. The seller clearly values the car above the market, and whether or not the market will return to meet his expectations remains to be seen. #F90-1962 CHEVROLET CORVETTE convertible. S/N 20867S103236. Tuxedo Black/black vinyl/black vinyl. Odo: 35,527 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Restored to a concours level, with paint, body panel alignment, glass, and chrome all excellent. Interior is restored to original appearance stock-original and aged. A solid driver. Cond: 2-. NOT SOLD AT $59,000. The dual-quad optional 270-hp engine enhances desirability and market value, but this car was not presented with any awards, and in today's buyer's market, that is quite important. The high bid of $59,000 is not far from today's market value of the car. The seller can continue to enjoy this car while waiting for the return of a robust collector Corvette market... hopefully it will come sooner rather then later. chrome flawless, interior immaculate. Engine compartment looks showroom-new. Has received a fresh body-off restoration completed to concours levels. Cond: 1. NOT SOLD AT $71,000. This 1956 Cascade Green Corvette had recently been well restored. Obviously the required money wasn't present, and letting the car go at this price was undoubtedly out of the question. #F64-1958 CHEVROLET CORVETTE convertible. S/N J58S101733. Panama Yellow & white/white nylon/charcoal vinyl. Odo: 6 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Fitted with auxiliary hard top. Appears to be a fresh body-off concours restoration, with flawless exterior, interior, and engine detail work. Beautiful inside and out. Cond: 1-. NOT SOLD AT $85,000. This freshly restored car was 40 Corvette Market FALL 2008 www.vettemarket.com #F35-1962 CHEVROLET CORVETTE convertible. S/N 20867S103430. Ermine White/white vinyl/red vinyl. Odo: 66,956 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Older repaint presents very nicely, body panel alignment and fit good. Bumper chrome shows some hazing and scratches, glass and soft and is immaculate and without any defects. Engine area appears factory-original and is in excellent condition. Fitted with both tops. Cond: 1-. NOT SOLD AT $75,000. These last year solid-axle Corvettes continue to show appreciation in the marketplace, and as such, they are solid Corvette investments. According to the CM Price Guide, a fuel-injected 1962 Corvette restored to this level is worth around $130k, so the seller was wise to pass on this offer. C2 #F47-1963 CHEVROLET CORVETTE coupe. S/N 30837S107960. Saddle Tan/saddle leather. Odo: 37,608 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Exterior paint excellent, with the exception of minor defects at rear of hood. Body panel alignment and fit excellent, glass and chrome perfect. Interior reflects a high


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Market Report Carlisle Auctions Carlisle, PA level restoration. Engine area is factory correct, but perhaps overly detailed. Cond: 1-. NOT SOLD AT $75,000. Offered at the 2007 Fall Carlisle Collector Car Auction, where the owner passed on a high bid of $87,500. Today's high bid of $75,000 reflects the continued depression in the Corvette marketplace related to the overwhelming uncertainty in the economy. The seller was wise to wait for a higher offer. #F30-1963 CHEVROLET CORVETTE coupe. S/N 30837S110414. Tuxedo Black/ black vinyl. Odo: 42,809 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Looks great from ten feet away. Exterior paint nice, but front fenders show some flaws. Fair chrome has minor pitting, hood louvers look aged. Engine area is clean, but exhaust manifolds incorrectly painted silver. The interior appears original and shows some aging, with aftermarket Hurst shifter or documentation substantiating its originality. Even so, a Corvette restored to this level with side exhaust and knockoffs is worth more then the high bid here. #F52-1966 CHEVROLET CORVETTE coupe. S/N 194376S107584. Nassau Blue/ bright blue vinyl. Odo: 46,711 miles. 427-ci 450-hp V8, 4-bbl, 4-sp. Fitted with side exhaust, reproduction knockoffs, power windows, AM/ FM radio, and transistorized ignition, as well as period-correct bias-ply tires. Exterior paint presents nicely with a few minor imperfections, body panel alignment and fit typical, chrome #F53-1967 CHEVROLET CORVETTE convertible. S/N 194677S120719. Rally Red & black/black vinyl/black vinyl. Odo: 62,401 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Very nice paint over undamaged body, very good body panel alignment and fit. Glass, soft top and chrome are all in good condition, interior looks like a well-maintained restoration. Engine area appears factory correct and shows well. installed. A nice Split-Window driver. Cond: 3. SOLD AT $48,300. Last seen at Mecum's St. Charles sale in June '08, where it failed to sell at $44,000 (CM# 117181). This car carries a California Vintage Replacement VIN Tag, which is a major drawback to someone concerned with investment and resale value. The car can be restored to concours level, but its originality will always be suspect. Given the car's condition and the replacement VIN, the sale price was fair. #F39-1965 CHEVROLET CORVETTE convertible. S/N 194675S103908. Milano Maroon/white vinyl/black vinyl. Odo: 77,625 miles. 327-ci 365-hp V8, 4-bbl, 4-sp. Paint excellent, body panel alignment and fit very good, glass and chrome work excellent. Brand new top fits nicely, freshly restored interior shows well, engine area clean and well-detailed. Regrettably, the engine stamp pad has been painted. Side and glass in very good condition. Interior presents as an older restoration with somewhat worn carpet and aftermarket Hurst shifter. Engine area appears original and needs some freshening. Cond: 3+. NOT SOLD AT $72,500. The L72 was initially rated at 450 hp, as seen here, but that number was dropped on paper to 425 shortly after the engine's Corvette debut. This high bid was considerably below the value of a 1967 427/450 in this condition, so the seller can't be faulted for hanging on to it. #F38-1966 CHEVROLET CORVETTE convertible. S/N 1946S105586. Nassau Blue/ white vinyl/white vinyl. Odo: 37,517 miles. 427-ci 425-hp V8, 4-bbl, 4-sp. Exterior paint excellent, as is body panel alignment and fit. Chrome and glass flawless. Freshly restored white interior, engine area appears factory original and is nicely presented. Factory hubcaps, A very appealing and solid high-level driver. Cond: 2. SOLD AT $90,825. This car had great documentation, including the original Protect-O-Plate and complete owner history. The only variation from originality was the exterior paint, which according to the trim tag should be Silver Pearl. Regardless, this was a turn-key classic that was ready to be proudly driven and enjoyed by the buyer. Bought and sold correctly. #F44-1967 CHEVROLET CORVETTE coupe. S/N 194377S109503. Marina Blue & white/white vinyl. Odo: 9,387 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Optioned with a/c, power windows, power steering, power brakes, cast aluminum wheels, Redline tires, and side exhaust. Exterior paint excellent, stinger stripe typical of factory production. Glass and chrome without flaws, interior recently restored exhaust and knockoffs fitted. Presents as having recently received a first class frame-off restoration. Cond: 1. NOT SOLD AT $69,000. Like many of the Corvettes on offer here, this car did not come with any prestigious awards 42 Corvette Market FALL 2008 www.vettemarket.com Goldline tires, side exhaust. Cond: 2. NOT SOLD AT $74,000. A very desirable Corvette. This car had undergone a first-class restoration, but unfortunately, the white interior did not match the car's trim tag, which takes away from its originality. However, a car of this quality is worth much more than the high bid of $74,000, so the seller was wise not to let it go at this price. While it may be a buyer's market, sellers of quality big-block mid-year Corvettes are not giving them away. to factory production appearance, engine area detailed nicely to factory-original specs. Appears to have had a fresh body-on restoration. Cond: 2. NOT SOLD AT $95,000. While the high bid of $95,000 is a considerable amount of money, it's still below the value of a car in this condition with this color combination and these options. The seller was wise to hold onto the car, at least for now. #F80-1967 CHEVROLET CORVETTE coupe. S/N 194377S100243. Marlboro Maroon/black vinyl. Odo: 43,456 miles. 327ci 350-hp V8, 4-bbl, 4-sp. Optioned with side exhaust, cast aluminum bolt-on wheels, power brakes, and Redline tires. A fresh restoration,


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Market Report Carlisle Auctions Carlisle, PA with exterior, interior and engine area appearing factory original and showing no defects or blemishes. Claimed to be numbers-matching; original tank sticker documents options. Well done throughout. Cond: 2. NOT SOLD AT $41,000. The high bid was well under the money on this car. Over the past five years, 1967 coupes have shown steady appreciation, so the seller was wise to hold rather than take this bid. #F27-1967 CHEVROLET CORVETTE convertible. S/N 194677S117771. Marina Blue/white vinyl/black vinyl. Odo: 52,726 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Exterior paint and soft top in very good condition. Body panel gaps factory-typical, glass good, chrome shows aging and pitting, side exhaust clearly gone into building this custom 'Vette, including the Baldwin Motion-inspired paint scheme. The high bid of $27,000 reflects the difficulty of getting a return on investment when customizing a Corvette... The seller might get a better offer at a custom car show or a well attended cruise night rather than at a Corvette auction surrounded by more original offerings. #F60-1969 CHEVROLET CORVETTE coupe. S/N 194379S726931. Daytona Yellow/ black vinyl. Odo: 3,039 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Optioned with side exhaust, a/c, power steering, power brakes, power windows, tilt-telescopic column, transistorized ignition, front fender louver trim, and F70X15 Redline tires. Excellent lacquer paint, panel alignment and fit good, glass and chrome show well. The interior has been nicely restored to an original appearance using high-quality reproduction bits. Engine area looks factory seats, original door panels and carpet aged. Engine area contains aftermarket parts, engine painted a non-typical shade of orange. Cond: 3-. SOLD AT $29,925. As presented, this car can be enjoyed as a driver and will continue to appreciate in value. It is a Corvette worthy of further restoration, and in its present form, it was bought and sold correctly. #F18-1971 CHEVROLET CORVETTE coupe. S/N 194371S108595. Brands Hatch Green/dark green vinyl. 350-ci 330-hp V8, 4bbl, auto. Fitted with custom front end and incorrect LT-1 hood. Exterior paint in very poor condition, with prominent scratches throughout. Bumpers rusty and scratched, interior worn. Non-original engine sits in rough engine not factory-original. Engine restored, but not to exact factory appearance. Interior shows well throughout. A high level driver. Cond: 3+. NOT SOLD AT $52,000. This was not highly optioned, and it was not presented with prestigious awards or documentation, so the high bid of $52,000 was appropriate in today's Corvette market. Finding a buyer offering more may take some time and a return to better economic conditions. C3 #F45-1969 CHEVROLET CORVETTE Custom convertible. S/N 194679S710712. Red & gray/black vinyl/black vinyl. Odo: 76,340 miles. 383-ci 450-hp fuel-injected V8, 5-sp. Custom red and gray paint in very good condition, body panel fit and alignment typical of factory production. Glass and chrome without defects, interior clean, well maintained, and equipped with a custom stereo system. Engine area clean and neat with many aftermarket parts, including Hooker headers, Holley fuel injection, March belt drive, and MSD ignition. Auxiliary hard top included. Cond: 3+. NOT SOLD AT $27,000. Quite a bit of money had 44 Corvette Market FALL 2008 www.vettemarket.com original and fresh. A concours restoration. Cond: 2+. NOT SOLD AT $94,000. The car received a first-class body-off restoration by County Corvette, and was documented with its original tank sticker and Protect-O-Plate. The car was a Triple Crown Award Winner, having achieved Bloomington Gold, NCRS Top Flight, and Chevy Vettefest Gold. It would be extremely difficult to find another Corvette restored to this level with similar options and documentation. As presented, this car's value probably approaches $120,000, so the seller was smart to keep it at this bid. #F62-1970 CHEVROLET CORVETTE convertible. S/N 194670S407912. Marlboro Maroon/white vinyl/black leather. Odo: 84,443 miles. 350-ci 350-hp V8, 4-bbl, 4-sp. Nice repaint, body panel alignment and fit to factory standards, new soft top has a proper fit. Chrome weak, with front bumper aged and both rear bumper and windshield trim scratched. Interior fitted with non-original bay. A beat Corvette. Cond: 4-. NOT SOLD AT $7,000. In need of a full restoration, but considering the money it would take to make it right, this car would not be a good candidate. A car in this condition would be better placed on the fairgrounds in the “Corvettes For Sale Corral” or in a vendor space than at a Corvette auction. This high bid was all the money. #F49-1972 CHEVROLET CORVETTE convertible. S/N 1Z67K2S509484. Steel Cities Gray/black vinyl/black vinyl. Odo: 66,327 miles. 350-ci 200-hp V8, 4-bbl, 4-sp. Comes with auxiliary hard top and original documentation. Equipped with a/c, power steering, and power brakes. Nice looking fresh repaint on original undamaged body, panel


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Market Report Carlisle Auctions Carlisle, PA alignment and fit factory-typical. Glass and chrome in good condition, mostly original interior looks nice and shows no evident defects. Stock engine is factory original and in need of a refresh. Cond: 3+. NOT SOLD AT $27,000. Highly original, with the original drivetrain never removed. Recent maintenance includes recored radiator, new calipers and new tires. The seller maintained that everything on this car worked, and as such, it was a solid turn-key driver. Even though it was not finished in the most desirable Corvette color, with its options and documentation, it should have brought a higher bid here. #F54-1972 CHEVROLET CORVETTE convertible. S/N 1Z67W2S505545. Mille Miglia Red/black vinyl/black leather. Odo: 40,673 miles. 454-ci 270-hp V8, 4-bbl, 4-sp. Recently received a first class body-on restoration. Paint, panel alignment and fit excellent and exceeding typical fresh. Engine and chassis detailed nicely and look good. Appears to have recently received a first class body-on restoration. Cond: 2. NOT SOLD AT $40,000. This original drivetrain Mille Miglia Red 1972 convertible came with a Chevy Vettefest Silver Spinner Certification and two tank stickers. While the high bid of $40,000 should be considered respectable in this market, the seller must have felt this car in this condition and with this documentation was worth more. #F23-1972 CHEVROLET CORVETTE factory production specs. New soft top fits well, glass in fine condition. Interior has been freshly and correctly restored to factory-original appearance. coupe. S/N 1Z37L2S500091. Sunflower Yellow/tan leather. Odo: 10,004 miles. 350-ci 255-hp V8, 4-bbl, 4-sp. Exterior paint weak, with different colors along passenger's side rear quarter panel and a stripe along rear of car. Front end shows rivets under fiberglass surrounded by small cracks. The interior, while worn, does have new deluxe carpeting. Engine sounds good, engine compartment not factory underside of the hood painted white instead of black. Options include a/c, tilt-telescopic column, power steering, power brakes, and power windows. Cond: 3-. SOLD AT $16,800. Seller claimed to be the second owner since 1979 and the car was said to have a matching-numbers drivetrain and correct date-coded glass. A new starter, power steering pump, a/c compressor, exhaust system, and wiper washer pump and motor have recently been added to the car. Ready to be enjoyed as a driver and worthy of consideration as a candidate for restoration. Bought and sold well, and a fair deal for both buyer and seller. #F8-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z87L8S902488. Black & silver/silver leather. Odo: 46,429 miles. 350-ci 185-hp V8, 4-bbl, auto. Exterior paint fair, body panel fit factory-typical, glass in good condition. Interior has been freshly restored and presents well. Wheels, tires and undercarriage look good, engine area appears worn and neglected with Engine area also looks factory, with original Air Injection Reactor emissions control system in place. Cond: 2. NOT SOLD AT $46,000. Claimed to be a matching-numbers car on a rust-free frame, with the original tank sticker documenting deluxe interior, a/c, power windows, power steering, custom shoulder belts, and white letter F70X15 tires. Over the past five years, 1972 convertibles have enjoyed a steady appreciation, so at this price, the seller was wise to hold the car. #F42-1972 CHEVROLET CORVETTE convertible. S/N 1Z67K2S511421. Mille Miglia Red/white vinyl/red vinyl. Odo: 58,147 miles. 350-ci 200-hp V8, 4-bbl, auto. Optioned with a/c, power windows, power brakes, tilt/ telescopic steering column, white stripe tires, deluxe wheel covers, and auxiliary hard top. Exterior paint without flaws, new soft top fits nicely. Interior has been recently restored and looks factory original. Air Injection Reactor emission control system missing, a/c added. An LT-1 in need of a quality restoration. Cond: 4-. SOLD AT $18,375. According to the seller, this car had a new steering box, fuel pump, water pump, battery, windshield, master cylinder, and calipers. The work appeared to have been done to prep the car for sale, not as part of a genuine restoration. The seller further claimed the frame was rust-free, as was the birdcage, which is very important for a 36-year-old Corvette. As a running, essentially unmolested LT-1, this was a good deal for both buyer and seller. excellent, glass and chrome #F17-1975 CHEVROLET CORVETTE convertible. S/N 1Z67J5S409252. Classic White/white vinyl/tan vinyl. Odo: 56,726 miles. 350-ci 165-hp V8, 4-bbl, auto. Exterior paint fair, some touch-up work evident. Door alignment poor, with larger-than-typical factory gaps. The interior looks like an older replacement; vehicle trim tag is missing. The engine area is not factory-typical, with the engine and exhaust painted in incorrect colors and the some aftermarket parts fitted. Presents as little more than a nice driver. Cond: 3-. NOT SOLD AT $13,000. This car's mileage was fairly high for a 1978 Indy Pace Car. Very few of these cars were used as daily drivers at any time in their lives... Most were stored as collectibles or driven minimally to car shows. There are many on the market in much nicer shape and with less mileage. The high bid of $13,000 was somewhat low given the car's new interior and turn-key status, so the seller was wise to hold on to the car. #F21-1982 CHEVROLET CORVETTE coupe. S/N 1G1AY8783C5102335. Silver Green/green leather. Odo: 51,073 miles. 350ci 200-hp fuel-injected V8, auto. Paint in very good condition, panel fit factory-typical. Glass T-tops are in good shape, other glass nice as well. Good original interior with non-original radio, engine area is stock and very well maintained. Cond: 2. SOLD AT $11,025. A 26- 46 Corvette Market FALL 2008 www.vettemarket.com


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Market Report C4 #F55-1987 CHEVROLET CORVETTE Callaway Twin Turbo coupe. S/N 1G1YY2184H5102520. Dark Red Metallic/ tinted glass/graphite leather. Odo: 19,632 miles. 350-ci 345-hp twin-turbocharged V8, 4-sp. Presents as a nice original high-performance driver. Paint original and in fairly good condition, rear quarter panel on passenger's side has a three-inch scratch, body panel alignment and fit factory-typical. Original interior in nice condition with no defects evident. Engine area is Carlisle Auctions Carlisle, PA year-old turn-key, well cared for, two-owner car. This has a great look and can be driven home from the auction with pride by the new owner. A decent buy at this price, as it needed absolutely nothing to be enjoyed. $28,000. This car was fairly typical of 1990 ZR-1s for sale today. While the high bid of $28,000 does not seem appropriate for a car of this caliber, it is not out of line with what the market is bringing these days. The new owner may have some time to wait to see this car appreciate significantly beyond today's price. C5 #F66-1999 CHEVROLET CORVETTE convertible. S/N 1G1YY32G6X5113108. Sebring Silver Metallic/black canvas/black leather. Odo: 88,000 miles. 5.7-liter 345-hp fuel-injected V8, 6-sp. Exterior paint looks good, body panel alignment and fit factorytypical. The interior is original and in nice clean but not detailed and shows minor aging. Cond: 3. NOT SOLD AT $20,000. One of the 188 original B2K Callaway Corvettes, and in this condition with its original documentation, it should possess a certain degree of historic significance. 1987 Corvette values have been showing a steady appreciation over the past five years, and this bid was just not enough to get the job done here. #F69-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J0L5802377. Dark Red Metallic/saddle leather. Odo: 6,200 miles. 350-ci 375-hp fuel-injected V8, 6-sp. In showroom condition inside and out. Exterior, interior, and engine area all factory-original and in excellent condition. Has seen minimal driving, but has been well maintained. Removable bronze-tint roof panel. Comes with complete ZR-1 Owner's Package. Cond: 2. SOLD AT condition, showing wear commensurate with indicated mileage. Engine area is stock and shows slight aging. One owner, complete service records from new. Cond: 3-. SOLD AT $16,800. A good looking C5 convertible that appears newer in person than its age and mileage would suggest. A fair deal for both buyer and seller at this price. #F83-1999 CHEVROLET CORVETTE 1962 Replica convertible. S/N 1G1YY32G3X5107900. Red/black canvas/red & black leather. 7.0-liter 505-hp fuel-injected V8, auto. Looks like a freshly completed car. The exterior, interior and engine area are immaculate, without flaws or defects in craftsmanship. Cond: 1. NOT SOLD AT $87,000. This Custom Retro-Rod started its life as a somewhat dusty and in need of light detailing. Appears to have been driven minimally and garaged properly. Cond: 1-. SOLD AT $37,800. While the mileage was not available for inspection, this car clearly had been driven minimally, as evidenced by the condition of the original tires. 2003 Corvettes are still in the depreciation phase of their life cycle, but this was a fair deal for both buyer and seller. C6 #F76-2007 CHEVROLET CORVETTE Z06 coupe. S/N 1G1YY26E175121491. Black/black leather. Odo: 6,600 miles. 7.0-liter 618-hp supercharged V8, 6-sp. Fully loaded, with the 2LZ Preferred Equipment Group which features heated seats, memory package, XM radio, universal home remote, auto dimming mirrors, Bose premium 7-speaker stereo system, and DVD navigation. In excellent condition throughout. Exterior and interior curiosity, finding a buyer willing to pay the cost will take some work. #F74-2003 CHEVROLET CORVETTE 50th Anniversary convertible. S/N 1G1YY32G035109548. Anniversary Red/shale canvas/shale leather. Odo: 300 miles. 5.7-liter 350-hp fuel-injected V8, auto. Presents as a new car. Exterior and interior show no defects or flaws. Engine area is factory-original but 1999 C5 convertible. The original body panels were removed and replaced with 1962 body panels by Classic Reflection Coachworks in Lakewood, Washington. The original engine was replaced with the LS7, which should make this one very fast custom. The high bid of $87,000 did not approach the seller's reserve of $135,000. While this car generated much with no defects or flaws, engine area is clean and neat and modified with an aftermarket supercharger. An as-new modified super high performance Corvette. Cond: 2. SOLD AT $57,750. Performance upgrades included a D1SC Procharger, Kooks X-Pipe, and Nitto Invos replacing the original Goodyear Run Flats. These upgrades produced 618 hp and 660 ft-lb of torque at the rear wheels. The buyer bought this car well, as the seller obviously had much more money in it. ■ 48 Corvette Market FALL 2008 www.vettemarket.com


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Market Report C Global Roundup Corvettes across the block Atypical 97 Corvettes From Around the World orvette Market's Analysts were out in force over the last few months, examining Corvettes at auctions from Monterey, California, to Chichester, Sussex, England. Luckily, being hopeless gearheads themselves, their idea of a perfect day is one spent walking around jotting down condition reports on Corvettes. The 134 Corvettes they cover, their condition, and why they sold or didn't sell, make up the heart of this issue of Corvette Market. We hope this information helps make you a better collector. Auctions Covered This Issue: RM Auctions, Anaheim, CA, 6/27 – Carl Bomstead Bonhams, Sussex, U.K, 7/11 – Paul Hardiman Mecum Auctions, Des Moines, IA, 7/26 – B. Mitchell Carlson RM Auctions, Rochester, MI, 8/2 – Dale Novak Silver Auctions, Reno, NV, 8/2 – Paul Duchene Gooding & Company, Pebble Beach, CA, 8/13 – Jérôme Hardy Russo and Steele, Monterey, CA, 8/14 – Raymond Nierlich RM Auctions, Monterey, CA, 8/14 – Carl Bomstead Bonhams & Butterfields, Carmel, CA, 8/14 – Donald Osborne The Worldwide Group, Auburn, IN, 8/30 – B. Mitchell Carlson Cox Auctions, Branson, MO, 9/12 – Chuck Leighton Rinstad Auctions, Bloomington, MN, 9/13 – B. Mitchell Carlson Bonhams, Sussex, U.K, 9/19 – Paul Hardiman VanDerBrink Auctions, Hensel, ND, 9/20 – B. Mitchell Carlson Silver Auctions, Portland, OR, 9/27 – Paul Duchene Carlisle Auctions, Carlisle, PA, 10/3 – Chip Lamb Mecum Auctions, St. Charles, IL, 10/3 – Dan Grunwald Market opinions in italics C1 #169-1954 CHEVROLET CORVETTE roadster. S/N 0747237F54Y6. Polo White/tan cloth/red vinyl. Odo: 38,009 miles. 235-ci 150-hp straight 6, 3x1-bbl, auto. Older restoration with normal Corvette fit issues, including uneven trunk and door gaps. Respray shows numerous blemishes, spring poking through seat. Powerglide transmission considered an now the market for an example in this condition—it'll need to be much better to break the six-figure barrier. RM Auctions, Anaheim, CA, 6/08. #511-1954 CHEVROLET CORVETTE roadster. S/N E54S001449. Off white/red vinyl. Odo: 28,061 miles. 265-ci V8, 2-bbl, auto. Thick paint over wavy body, poor panel alignment even for early 'Vette. 1955 nofilter V8, automatic, pitted chrome. Fender badges from a '55, right one missing the “V.” could be better. Cond: 2+. SOLD AT $68,200. Sold at no reserve, and I wonder if the consignor is regretting that decision. I don't know what might have happened in the lower quarter area, but you have to wonder if that might have hurt this final result. Two guys duked it out for the title, with plenty of “pondering” between bids. For true 1954 Corvette collectors, there's one less real-deal car out there. Well bought for the cost of the parts alone. RM Auctions, Rochester, MI, 8/08. #313-1954 CHEVROLET CORVETTE roadster. S/N 0792086F54YG. Polo White/ black canvas/red vinyl. Odo: 1,669 miles. 235-ci 150-hp straight 6, 3x1-bbl, auto. gauges, atypical steering wheel, atypical hubcaps. Mismatched taillights. Cond: 4. SOLD AT $44,280. Sold post-block after failing to reach its $55,000 reserve. The most puzzling C1 sale I have seen at auction. Suspect panel fit, apparently wrong motor, aftermarket gauges, and incorrect steering wheel. I honestly could not come up with a price I would have paid. Perhaps the buyer had inside information that this was the only '54 to receive a V8 and a 12-volt system? Otherwise this wasn't bought, it was married. Brilliantly sold, I'd say. Silver Auctions, Reno, NV, 8/08. #282-1954 CHEVROLET CORVETTE Custom roadster. S/N E54S004597. Red/tan cloth/tan leather. Odo: 371 miles. 6.0-liter fuelinjected 400-hp LS2 V8, auto. Very nice body gaps, passenger's door out at bottom. Beautiful show quality paint over atypical straight Corvette body, meaning it is very straight. Passenger rear quarter has a noticeable repair in the lower rocker area, detracting from overall high quality restoration. Fitted with new LS2 V8 with all the usual components either polished or chromed. Interior as-new, carpet fit option, but all '54 Corvettes were built with all options included. An average Corvette. Cond: 3. SOLD AT $93,500. Over the past five years these have appreciated quite a bit, but they have stalled lately. The price paid here is 50 Corvette Market FALL 2008 www.vettemarket.com


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Variable panel fit, as per factory. Paint shows some small cracks over front wheelwells and around grille, masking issues evident at base of windshield. Very good bumpers, other chrome shows minor defects. Nicely redone seats and steering wheel, dash chrome shows some pitting. Cond: 3-. NOT SOLD AT $62,000. For most, the '54 Corvette is for looking at, not for driving. Therefore, the top prices come only for the very best prepared examples. This one could have been sold at the high bid with no regrets. Bonhams & Butterfields, Carmel, CA, 8/08. #32-1954 CHEVROLET CORVETTE roadster. S/N E54S003096. Polo White/tan cloth/red vinyl. Odo: 82,694 miles. 235-ci 150hp straight 6, auto. Expertly restored to far better quality overall than when originally built. Heavily reworked body with original weave hidden. Very good repaint, door gaps and fit at least equal to original, replated chrome slightly wavy. Generally good engine bay cosmetics, chassis finished in flat black. New axle in Reno for a surprising $44,280, showing the same mileage (CM# 117754). V8s were definitely not typical for any year before 1955. Whoever turned down $49,000 had better not leave home unaccompanied. Silver Auctions, Portland, OR, 9/08. #S178-1954 CHEVROLET CORVETTE roadster. S/N E54S001946. Polo White/black cloth/red vinyl. Odo: 2,931 miles. 235-ci 155hp straight 6, 3x1-bbl, auto. Original West Coast car with older high-quality white paint exhibiting light cracks and chips throughout. Nice chrome, dull and dinged brightwork likely original. Dash top and steering column recently painted a very bright red against faded older interior bits. Seat stitching coming apart, carpet going in the same direction. Driver- #S212-1956 CHEVROLET CORVETTE convertible. S/N E56S004000. Sportsman Red & white/white vinyl/white vinyl. Odo: 67,651 miles. 283-ci V8, 4-bbl, 4-sp. Non-original motor. Older repaint very wavy throughout, with light sags and dirt in coves. Fair amount of filler in rear quarters likely indicative of prior accident damage. Interior may be original or part of a long-ago light restoration effort. Carpet appears correct if older, bumpers and rebound straps recently installed. Suspension sits a bit low in the rear. Excellently installed reproduction interior soft trim. Cond: 2+. NOT SOLD AT $95,000. Per the auction catalog, this was restored for someone who was “heavily involved with NCRS judging,” but it was never judged. With some more detailing to do, the amount bid should have been more than enough to send it to a new home. Worldwide Group, Auburn, IN, 8/08. #17-1954 CHEVROLET CORVETTE roadster. S/N E54S001449. White/tan cloth/ red vinyl. Odo: 28,601 miles. 265-ci V8, 2-bbl, auto. Thick white paint over ill-fitting panels. Doors show excessive fit issues, chrome pitted throughout. '55 no-filter V8 installed, gauges atypical, steering wheel atypical. Hubcaps look quality engine compartment tidy but a smell of fuel prevails. Cond: 3. NOT SOLD AT $50,000. While the prices of 1954 Corvettes have been on the rise behind their exorbitant 1953 cousins, this example did not feature its original powerplant and had a plethora of agerelated issues and irregular attempts at partial restoration holding it back. It was fine from a distance, but not overly appealing up close. High bid was still short, but making this one right would take some serious effort, so a lack of interest beyond this number is understandable. Carlisle Auctions, Carlisle, PA, 10/08. #S154-1954 CHEVROLET CORVETTE roadster. S/N E54S0044088. Polo White/ white canvas/red vinyl. Odo: 353 miles. 235ci straight 6, 3x1-bbl, auto. Average repaint over factory-typical inconsistent body. Cockpit chrome shows age, left side trim spear has a poor repair visible. Some wires hanging with- and interior. Panel gaps OK, trunk gap wide even for a Corvette. Body-off restored. Cond: 1-. NOT SOLD AT $75,000. The price bid here may have been a bit on the light side considering this car's options, but the paint color may have put some buyers off. Mecum Auctions, St. Charles, IL, 10/08. to be from a 1957 model. Cond: 4. NOT SOLD AT $49,000. I wonder if you can buy your car a season pass to an auction house? This car was reported sold in August at Silver's Auction out bulbs under dash. Wide whites starting to yellow, hood won't open. Cond: 2. NOT SOLD AT $53,000. This car had an OK look, but it did require a bit of work before it would be show ready. A slightly under-the-money bid for condition. Mecum Auctions, St. Charles, IL, 10/08. #S84-1957 CHEVROLET CORVETTE convertible. S/N E57S102565. Cascade Green & white/beige vinyl/beige vinyl. Odo: 8 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Recently completed frame-off restoration. 4-speed transmission, replaced jetting in fuel metering unit. Highly prepped body expertly repainted throughout. Replated bumpers, www.vettemarket.com FALL 2008 Corvette Market 51 brightwork appear original and rather pitted. Engine bay clean but not original, high-rise Edelbrock intake manifold and aftermarket carburetor add to waning desirability. Cond: 3. NOT SOLD AT $40,000. Rerun after an unsuccessful sale as lot F104 the previous evening, the bidding was all the money for this tired example. A title delay further complicated matters, and the lack of history accompanying the car had anyone who was serious walking away anywhere beyond the number bid. Carlisle Auctions, Carlisle, PA, 10/08. #S22-1956 CHEVROLET CORVETTE convertible. S/N VE56S002547. Venetian Red/black vinyl/tan vinyl. Odo: 660 miles. 265-ci 225-hp V8, 2x4-bbl, 3-sp. New paint is slightly thick in places and seems a bit too bright for a stock color. All new chrome, top,


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Market Report Global Roundup Corvettes across the block mostly reproduction trim and brightwork, all new glass, freshly installed soft top. Engine bay well restored, although not quite concours. Authentically restored undercarriage nearly sterile. Fresh out-of-the-box top-grade reproduction interior upholstery. Finished to a better standard than when originally built. Cond: 2+. NOT SOLD AT $117,500. This was one of the few times I've seen a 4-speed replacing a 3-speed in a '57 where the owner was straightforward about it. Arguably the best restoration at this venue, so one could argue that it really wasn't for sale. Mecum, Des Moines, IA, 7/08. #F460-1957 CHEVROLET CORVETTE convertible. S/N E57S100398. Venetian Red/orange & white vinyl. Odo: 80,584 miles. 283-ci 283-hp fuel-injected V8, 3-sp. Very good paint and interior, better than factoryspec panel fit. Claimed matching numbers, one of 713 283-hp fuelie cars made. Cond: 2. Original 3-speed replaced by 4-speed (with 3speed console plate still installed), Wonderbar radio, older reupholstered seats. Some spares in trunk, which has correct but scruffy old mat. Cond: 3. SOLD AT $44,820. A completely honest old car and my favorite at the auction. Not so nice you'd baby it, and obviously a strong runner with an excellent exhaust note. Once again, a chatty owner helped the sale, and the couple was smart enough to pull their reserve at the last moment. The buyer should just drive it. I would. Well sold and well bought. Silver Auctions, Portland, OR, 9/08. #533-1957 CHEVROLET CORVETTE convertible. S/N E57S104596. Venetian Red & Shoreline Beige/red & white leather. Odo: 20,502 miles. 283-ci 283-hp fuel-injected V8, 4-sp. A claimed matching-numbers fuelie. Nice paint appears older and is holding up very well, paint in door jambs very dry with heavy orange peel. Chrome and stainless trim shows light wear but still very nice, light pitting on front grille surround. Very good interior only flawed by ill-fitting door panels held on by non-typical screws. Engine bay restored to January '08, where it again failed to sell, this time at $55,000 (SCM# 51820). 1957 was the first year Corvettes got the power to match their looks. This car was nice overall, but not quite as good as the other fuelie present here. The paint looked to have been done by a professional but was obviously rushed, and apparently bidders at the sale weren't impressed either. Cox Auctions, Branson, MO, 9/08. #S147-1957 CHEVROLET CORVETTE convertible. S/N E57S100356. White & silver/black vinyl/red vinyl. Odo: 36,476 miles. 283-ci 245-hp V8, 2x4-bbl, 3-sp. Older lacquer paint shows age in places, cracks readily visible. Gas door paint poor, chrome good. Driver's seat dirty. Aside from some fuel leakage from carbs, NOT SOLD AT $82,500. The 283-hp fuelie is arguably the best of the early 'Vettes. This one was not quite concours quality, and it was not quite sold at a below-market bid for its condition. Russo and Steele, Monterey, CA, 8/08. #18-1957 CHEVROLET CORVETTE convertible. S/N E57S100050. Orange & white/black vinyl/black vinyl. Odo: 97,701 miles. 283-ci 220-hp V8, 4-bbl, 4-sp. Original car with older so-so paint. Cheerful seller said the color was Venetian Red and she had owned it since 1984, making a number of visits to Reno's Hot August Nights over the years. look as new down to an original-style Delco battery. A nice all-around car showing light patina. Cond: 3+. NOT SOLD AT $70,000. In my opinion, this was the more attractive of the two fuel-injected '57s present at the sale, and its dog dish hubcaps added to its appeal and gave the car a very original feel. This car should have brought more money, but apparently the Corvette buyers at the sale decided that this wasn't the car to have. I wonder why? Cox Auctions, Branson, MO, 9/08. #541-1957 CHEVROLET CORVETTE convertible. S/N E57S103094. Black & silver/ red vinyl. Odo: 30,029 miles. 283-ci 283-hp fuel-injected V8, 3-sp. Car card claims fresh restoration after museum storage. Mediocre paint shows a few marks on lower quarter panels, top boot has cleared-over tape residue and will need to be completely refinished. Chrome and stainless bits appear older with light scratches, dashboard and interior excellent except for beat-up sill plates. Engine bay barely above driver quality, with evidence of rattle can detail work, dirty fuel injection parts, and fuel stains. A museum car fluffed for auction. Cond: 3+. NOT SOLD AT $70,000. First seen at Kruse Seaside in August '07, where it failed to sell at $83,000 (SCM# 46346). Later seen at Russo and Steele's Scottsdale sale in 52 Corvette Market FALL 2008 www.vettemarket.com engine is clean. Mileage claimed original. Cond: 2. NOT SOLD AT $105,000. Last seen at RM's Meadow Brook sale in July '98, where it sold in this same general condition for $42,000 (CM# 20869). Achieved NCRS Top Flight in 1989 and was given a Duntov Award in 1990. This bid had to be close to getting the job done. Mecum Auctions, St. Charles, IL, 10/08. TOP 10 #7 #S150-1957 CHEVROLET CORVETTE convertible. S/N E57S102565. Cascade Green & beige/tan vinyl/beige vinyl. Odo: 9 miles. 283ci 283-hp fuel-injected V8, 4-sp. All chrome and paint better than original, panel gaps also nicer than typical production. Nice interior, engine compartment detailed to factory specs and showing no use. A complete high quality restoration with no issues. Cond: 1. SOLD AT $115,500. A fuel-injected '57 has to be at the top of anyone's list of “cars to dream about.”


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Corvette Market Keith Martin's 2ND ANNUAL CORVETTE MARKET SEMINAR Scottsdale, AZ • Friday, January 16, 2009 • 9–11 am 9:00–9:50 am Session 1: Overview—The Corvette Market Today and Tomorrow 10:10–11:00 am Session 2: Building the Best $500,000 Corvette Collection Once again, Keith Martin and an acknowledged panel of Corvette market experts will discuss topics essential to understanding today's market. As with last year, this seminar is interactive, with participation from the audience encouraged. Both modules included with registration. Space is limited. Last year sold out completely, so enroll today. Seminar: $25 for CM and SCM subscribers, $100 for non-subscribers. To register, go to www.vettemarket.com/2009seminar. Or phone 503.261.0555 x 204. PRE-REGISTRATION REQUIRED. SPACE IS LIMITED! REGISTRATION DEADLINE DEC 31, 2008 (Reservations are accepted on a first-come, first-served basis. Don't be left out!) Name (1) Name (2) Address City Best Phone Email Fax Signature Payment in Full Required Register online: www.vettemarket.com/2009seminar. Register by phone: 503.261.0555 x 204 Send this form to CM Scottsdale 2008, P.O. Box 4797, Portland, OR 97208; Fax 503.253.2234; Questions? Email jennifer.davis@vettemarket.com I am a subscriber to CM / SCM ($25 each) I am not a subscriber ($100 each) Charge my VISA/MC/AmEx Check enclosed Number of registrations Card # State Zip Expiration Total Amount $


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Market Report Global Roundup Corvettes across the block The Cascade Green and beige cove colors here were frosting on the cake. A decent buy for the money in this condition. Mecum Auctions, St. Charles, IL, 10/08. #S159-1957 CHEVROLET CORVETTE convertible. S/N E57S105395. Venetian Red & white/white vinyl/red vinyl. Odo: 52,759 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Decent paint and chrome including windshield surround, body fit typically inconsistent, several small cracks by gas door and a single trim misfit at front of driver's door. New correct of. I only hope that the consignor did this car for love and not money, as there wasn't much of the latter made here. Worldwide Group, Auburn, IN, 8/08. #547-1958 CHEVROLET CORVETTE convertible. S/N J58S108995. Silver & white/black vinyl. Odo: 54,303 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Consignor states car has covered only 100 miles since a complete restoration, car card states a numbers matching 245-hp dual-quad engine. Beautiful paint and chrome aside from two smaller front grilles getting thin and showing age. Nice top and a reserve of $150,000, then sold post-block for $138,000. I'd call it well bought. Silver Auctions, Reno, NV, 8/08. #345-1959 CHEVROLET CORVETTE convertible. S/N J59S103059. Red & white/ white vinyl. 283-ci V8, 4-bbl, 4-sp. St Louisbuilt car with unknown engine spec. Body good, bumpers lightly pitted, seats grubby, and dash trim shows a few dings. Chassis solid, straight, and well protected, although it's on interior with some pitting on horn button. Minor inside rear view mirror desilvering. Claimed NCRS Top Flight of unknown age. Cond: 2. NOT SOLD AT $70,000. Last seen at Barrett-Jackson's West Palm Beach event in March '08, where it sold at $88,000 (CM# 116101). Researched to the original dealer and first owner prior to restoration, and claimed to have matching numbers. The bid was a bit light here, and having several top-notch '57 'Vettes to choose from certainly didn't help. Mecum Auctions, St. Charles, IL, 10/08. TOP 10 #6 #54-1958 CHEVROLET CORVETTE convertible. S/N J58S106456. Silver Blue & Snowshoe White/light blue cloth/blue vinyl. Odo: 45,102 miles. 283-ci 290-hp fuel-injected V8, 4sp. Fitted with heater and Wonderbar radio. Recently competed frame-off restoration to better-than-factory specs, highly refinished body smoother than stock and showing only very light bonding strip broadcasting along upper front fenders. Show quality chrome and trim, soft top lightly wrinkled and soiled. Engine bay and chassis clean. Expertly installed interior, foggy gauges, needs new window felts. Driver-quality engine bay with rusty pedal linkages and dirty carburetors. Very nice overall but lacking in the detail department. Cond: 2-. SOLD AT $81,000. This was really nice overall, and it brought the money it deserved. The paint was superb and looked to be new. I wonder if the seller just forgot to take the two small grilles to the chrome shop? This was proof that a good restoration is worth a high price to the right person. A patient man with lots of Q-Tips will make this an excellent car. Cox Auctions, Branson, MO, 9/08. TOP 10 #3 #205-1959 CHEVROLET CORVETTE convertible. S/N J59S105665. Turquoise & white/tur- quoise vinyl. Odo: 1,731 miles. 283-ci 290-hp fuel-injected V8, 4-sp. Big Brake car. One of 142 with quick steering, heavier springs, brake air ducting, and sintered shoes. Fitted with off-road exhaust, 3.70 Posi, and new white top. Great chrome and body fit, recent paint looks reproduction interior soft trim. Door pulls starting to yellow slightly, gauge faces scratched. Cond: 1-. SOLD AT $121,000. While this is getting to be pretty dear for a '58 fuelie, it is also basically an instant trophy magnet. Last seen at Cox's Branson sale in April '07, where it sold at $102,502 (SCM# 44984), and significantly improved since then. You could find one cheaper, but you may not find one better (especially if you are keen on blue), so while not bought well, it was nothing to be ashamed 54 Corvette Market FALL 2008 www.vettemarket.com else apparent on convertible top. Engine bay detailed to driver quality, non-Corvette 327 fitted. Cond: 3+. NOT SOLD AT $39,000. Enough good work and newer parts made this initially appealing, but counting the flaws will leave one without enough fingers to keep track of the issues holding this one back. The high bid was just about enough to have taken this longterm project home, but the seller disagreed. Carlisle Auctions, Carlisle, PA, 10/08. like lacquer in that it's not too shiny. Recent NCRS Top Flight on 5/31/08, with a score of 98. Cond: 1-. SOLD AT $138,000. Several observers thought this the best car at the sale. With a great color combo, correct paint, and rare options, it was bid to $115,000 against #410-1960 CHEVROLET CORVETTE convertible. S/N 00867S108712. Roman Red & white/black canvas/black vinyl. Odo: 54,397 miles. 283-ci 230-hp V8, 4-bbl, 4-sp. Stated to have been a recent restoration, but the auction trail shows it was some time back. Good truck tires. Fair underhood. From the Alman Collection in Athens, Greece. Cond: 3+. SOLD AT $48,404. Bought from Classic Cars in Chicago in 2006, had been in Arkansas before that. Not the sharpest, but it is a 4-speed. Mid-estimate price about the right money for a good but not perfect car in the U.K. Bonhams, Chichester, UK, 9/08. #S170-1959 CHEVROLET CORVETTE convertible. S/N J59S104716. Roman Red & white/white vinyl/red vinyl. Odo: 16,822 miles. 327-ci V8, 4-bbl, 4-sp. Older Roman Red paint shows light crazing and chips from use. Bumpers redone, grille fins pitted, brightwork shows pits and light scratching. Seats and carpet look newer than rest of interior, dash paint nicely applied. Overspray from something


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Market Report Global Roundup Corvettes across the block brightwork, decent paint with minor issues. Incorrect seat pattern, door fit off, engine well detailed. Hard top included. Cond: 2-. SOLD AT $82,500. First seen at RM's Toronto sale in April '06, where it failed to sell at $74,000 (SCM# 41356). Seen again at Mecum's Belvidere sale in May '07, where it again failed to sell, this time at $50,000 (SCM# 45257). Most recently seen at Mecum's Kissimmee auction in January '08, where it reached an insufficient $69,000 (SCM# 48960). This was a strong number here, considering the issues and lack of attention to details. RM Auctions, Monterey, CA, 8/08. #423-1960 CHEVROLET CORVETTE convertible. S/N 00867S109347. Red & white/ red hard top/red vinyl. Odo: 45,301 miles. 283ci 245-hp V8, 2x4-bbl, 4-sp. Matching-numbers car equipped with hard top, miles appear correct. Fitted with 3.70 Positraction, 4-speed close ratio box, and new wide whites. Good paint and plating, scruffy original trunk mat, and brightwork in most regards. Non-original engine. Cond: 4+. SOLD AT $42,900. Thought to have been an original 283/270 car, and now running a 327. There wasn't much harm done with the non-original engine, since much of the car had additional needs as well. Overall a fairly weathered driver with not a whole lot to worry about when you take her out for a spin. Still a Corvette, and most likely market correct, selling for just a tad below the low the estimate. With the needs noted, I'd give the edge to the seller. RM Auctions, Rochester, MI, 8/08. #89-1960 CHEVROLET CORVETTE con- vertible. S/N 008675104907. Tuxedo Black & silver/white vinyl/red vinyl. Odo: 29,652 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. “Restored to NCRS Award-Wining Specifications,” but not shown at an NCRS event. Better-than-stock body prep, equally excellent paint application in both colors. Mostly replacement trim and replated bumpers, grille starting to flake in places. All new weatherstripping, door seals starting to Ft. McDowell sale in January '05, where it sold at $38,266 (SCM# 37004) Seen again at the same venue in January '08, where it sold at $60,750 (SCM# 49865). Finally, appeared at McCormick's Palm Springs sale in February '08, where it failed to sell at $62,000 (SCM# 115931). Appeared to be sympathetic restoration of a nice original car that presented very well. Sold at low book, and including the hard top, I'd say well bought. Silver Auctions, Reno, NV, 8/08. #57-1962 CHEVROLET CORVETTE convertible. S/N 20867S113272. Red/black vinyl & red hard top/black vinyl. Odo: 44,973 miles. 327-ci 300-hp V8, 4-bbl, auto. Consignor claims original mileage. Heavily reworked and prepped body with light depressions at seams over front wheelwells. Rear edges of both doors stick out slightly, other door and panel gaps even. Replated bumpers and all new easily replaced trim, windshield and vent window too much flat black paint under hood. Baggy seat covers, passenger dash cove trim damaged. Brake fluid on master cylinder. Offered at no reserve. Cond: 2. SOLD AT $62,640. Raffish and untidy, but handsome. The matching numbers clearly drove bidders here. Sold mid-market, but I'd call it a fair deal all round. Silver Auctions, Reno, NV, 8/08. #218-1961 CHEVROLET CORVETTE convertible. S/N 10867S108019. Black & silver/black vinyl/black vinyl. Odo: 17,718 miles. 327-ci 300-hp V8, 2x4-bbl, 4-sp. Typical wavy Corvette body showing some additional issues. Unusual vertical seam noted on driver's side fender, widely varying body gaps, driver's door pinched at bottom. Numerous chips, cracks and swirls in paint. Driver-level interior shows plenty of use. Loose seat covers, aftermarket radio installed. Driver-grade chrome 56 Corvette Market FALL 2008 www.vettemarket.com lift. Engine bay restored to concours condition, although it is starting to get a bit dusty. Fully restored interior, with all reproduction carpeting and vinyl upholstery. Cond: 2-. NOT SOLD AT $65,000. The consignor posed the question: “How often does a 1960 Chevrolet Corvette convertible come along this handsomely finished, and highlighting a beautiful restoration?” The answer is all the time. Lot 900 at the Kruse Auburn sale two weeks before was at least as good as this. Slightly under the money. Rinstad Auctions, Bloomington, MN, 8/08. #396-1961 CHEVROLET CORVETTE convertible. S/N 10867S101256. White/white hard top/red vinyl. Odo: 18,990 miles. 283-ci 250-hp V8, 4-bbl, auto. Excellent chrome, paint not too shiny, body fit typical but quite good nonetheless. New wide whitewalls, recent replacement interior. Evidence of nose repair at some point, chips around top on inside panel. Engine clean and not overdone. Cond: 2. SOLD AT $50,760. First seen at Silver's framing shows light crazing and pitting. All new body and glass seals, engine bay clean and generally well restored to stock configuration. Reproduction seat upholstery and door panels. Cond: 2-. NOT SOLD AT $55,000. Claimed to be a frame-off restoration, but as I like to say, they could have lifted it up higher. Would make a nice light driver, but would have to be detailed more to be a show car. While the bid was under the market, it wasn't by much, thanks to the Powerslide automatic. Rinstad Auctions, Bloomington, MN, 8/08. Best Buy #261-1962 CHEVROLET CORVETTE convertible. S/N 20867S106224. Red/black vinyl/red vinyl. Odo: 12,845 miles. 327-ci 360hp fuel-injected V8, 4-sp. Panel fit most likely per factory in most regards, with driver's door pinched at upper rear. Good paint over decent prep shows some chips and scratches throughout. Typical wavy body. Mostly driver-quality


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Market Report Global Roundup Corvettes across the block #364-1963 CHEVROLET CORVETTE convertible. S/N 30867S106830. Daytona Blue/white vinyl/black vinyl. Odo: 22,472 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. One owner for 35 years. Over-the-top-paint, correct dimple in underhood cowl rail, evidence chrome aside from nice hard top pieces, windshield trim pitted. Aftermarket period-correct American Racing wheels fitted on newer radials. Interior fairly worn, seat covers loose, steering wheel paint flaking off. Front headlamp cracked. A driver. Cond: 3-. SOLD AT $69,300. Reported to be an original numbers-matching fuelie. Very original and unmolested aside from its wheels, which is an easy fix. Just the way you want to buy one. The fully restored hard top was included, which is worth at least $4,000 on its own. Drive it, enjoy it, and restore it down the road. Just under market based on condition, and most likely hard to replace at this price. Well bought. RM Auctions, Rochester, MI, 8/08. TOP 10 #1 #121-1962 CHEVROLET CORVETTE Gulf Oil racer. S/N 20867S103980. Eng. # 2103980F1206RF. White & blue/black leather. Odo: 21,946 miles. 327-ci 360-hp fuel-injected V8, 4-sp. A true RPO 687 fuelie, delivered to Yenko's dealership for the Gulf Oil racing team. Prepared and successfully raced, first place in the 1962 SCCA A-Production Championship. Dismantled and sold in 1963 as a street car, college student's daily driver in the '80s. Rediscovered and restored with original parts, flaws under finish, panel gaps require adjustment. Replacement chrome bumpers similarly slightly out of alignment, brightwork shows installation marks, wiper arms missing. Original hard top requires mounting point adjustments. Interior immaculate but still short of being complete, as shift boot is missing. Engine bay nicely done with modern power brakes, power steering, cold-air intake, and Griffin Aluminum radiator. Cond: 2-. NOT SOLD AT $49,000. A nice nearly-complete Corvette resto-mod built on an SR-III Motorsports chassis with C5 front and C4 rear suspension. It never fails to amaze me why people will bring an unfinished project clone or resto-mod to an auction and expect to get close to the value of a completed example. Not sold for a very good reason. Carlisle Auctions, Carlisle, PA, 10/08. C2 #S96-1963 CHEVROLET CORVETTE Custom convertible. S/N 30867S108882. Black/black vinyl/black vinyl. Odo: 37,068 miles. 454-ci V8, 4-bbl, 4-sp. Body modified with cut-out wheelwells, fender flares, 1968 side vents, rear ducktail spoiler, and six taillights. Seller claims hood was a 1967 take-off big-block unit. Good quality older repaint starting to show light cracking at wheelwell flares. Older replated bumpers, mostly replacement emblems. Aftermarket side exhaust, retrofitted 4-wheel power disc brakes. Older of left front fender repair. Engine compartment appears correct, windshield trim hit and miss, driver's door feels damaged. High-rpm gauges, power brakes. Originally a 327/340, but no mention of matching numbers. Cond: 2+. SOLD AT $52,920. A very handsome driver that sold mid-money to someone who either knew it had a 340-horse motor or had one in his garage. No harm done, and it will catch a lot of attention. Silver Auctions, Reno, NV, 8/08. #S613-1963 CHEVROLET CORVETTE convertible. S/N 30867S108251. Sebring Silver/black vinyl/red vinyl. Odo: 7,439 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Tenyear-old restoration with a restamped block. Cracks visible in both headlight buckets. Body seams visible, waffling on trunk lid, no dimple on driver's side underhood drip rail suggests bodywork. Panel fit average and door finish not including Motorola two-way radio, StewartWarner gauges, and roll cage. First car to receive the NCRS American Heritage Award, 2005 Bloomington Gold Hall of Fame. Cond: 1-. SOLD AT $1,485,000. Sold above the high estimate of $1.2m. This is truly an important car within American racing history, and with so many original components fitted, it's safe to say there's nothing else quite like it. Well sold at this price, but the new owner should have no complaints. See profile, p. 22. Gooding & Company, Pebble Beach, CA, 8/08. #S166-1962 CHEVROLET CORVETTE Custom convertible. S/N 20867S107433. Tuxedo Black/black vinyl & hard top/red leather. Odo: 354 miles. 5.7-liter 385-hp fuelinjected V8, 6-sp. New black paint shows light 58 Corvette Market FALL 2008 www.vettemarket.com replacement top, quality new leather seating, typical reproduction door panels, dashpad, and carpet. Cond: 3. SOLD AT $33,600. While radically modified, this wasn't quite the Nightmare from Route 66. Some of the assembly quality is all over the map (lazy, cheap person under the hood; well-off perfectionist at the upholstery shop), but it would be hard to get burned on this one. Anyone can tell it's a put-together special. The reserve was wisely lifted when the bidding ended. Mecum, Des Moines, IA, 7/08. typical of factory production. Replated bumpers. NCRS Top Flight. Cond: 2-. NOT SOLD AT $67,500. Between the interior being very bright red vinyl and the cheap-looking top, it seemed that this car was done by someone who hadn't had a lot of experience with original examples. It started and ran well, but with the needs noted, it could have sold without too much regret here. Russo and Steele, Monterey, CA, 8/08. TOP 10 #8 #47-1963 CHEVROLET CORVETTE coupe. S/N 30837S105122. Eng. # 3105122F1207RF. Black/black vinyl. Odo: 2,220 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Originally a fully-equipped fuelie Split-Window all in black, and remaining so


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Market Report Global Roundup Corvettes across the block after some partial restoration work. Claimed matching numbers. Good quality paint appears factory, rubber original and all dry. Interior clean but not crisp, engine bay tidy. Ex-Nicolas Cage. Cond: 2-. SOLD AT $110,000. Offered in black with the high-horse fuelie motor, this Split-Window had a nice bad-boy feel about it, and it brought a market-correct price given the condition. Gooding & Company, Pebble Beach, CA, 8/08. #S148-1963 CHEVROLET CORVETTE convertible. S/N 30867S108825. White/black vinyl/tan vinyl. Odo: 1,283 miles. 327-ci 350hp V8, 4-bbl, 4-sp. Older restoration showing its age. White paint chipped and touched up around doors. Front bumper plating peeled off on right front corner, right rear beginning to lift. Black top looks newer. Scuffed original steering wheel and anodized shifter surround detract from otherwise nice interior. L79 350hp crate engine with a high-rise intake and and panel fit. Mostly replacement emblems and trim, newer bumper rechroming. Newer replacement shock absorbers, fiberglass monoleaf rear transverse spring, and dual exhaust system. Good workmanship on mostly replacement interior which shows some light wear. Cond: 3+. NOT SOLD AT $36,000. Granted, this was a late 1964, but not so late as to have 1965 front fender treatment and hood. Plus, you'd figure if it was changed to look like a '65, at least it should have been fitted with disc brakes. No, wait a minute, it's one of the 316 rare '65 drum brake credit cars. Yeah, that's right, that's the story to use. But wait, what about that darn pesky '64 VIN? Way too many stories here. Mecum, Des Moines, IA, 7/08. #S66-1964 CHEVROLET CORVETTE coupe. S/N 40837S111895. Fire Mist Blue/ navy vinyl. Odo: 96,129 miles. 327-ci 300hp V8, 4-bbl, auto. Fitted with power brakes, power steering, power windows, tinted glass, and AM/FM radio. Body heavily prepped before expert repaint. Superb panel and door fit, older replated bumpers, good original decent body fit and finish with flared fenders, flashy Coddington mag wheels. Featured in several hot rod magazines. Cond: 2. SOLD AT $69,120. An over-the-top hot rod that must have left its builder more than one tank of air under water—even with this decent sale price. Likely run very hard, and should any problems arise, you get to be your own expert. I kept shaking my head but I couldn't seem to lose this loud ticking sound... Silver Auctions, Reno, NV, 8/08. #F412-1964 CHEVROLET CORVETTE convertible. S/N 40867S111957. Light blue metallic/black vinyl, blue hard top/black vinyl. Odo: 61 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Original paint and body with usual lousy factory gaps, paint rubbed thin in several places. Chrome worn but not worn out, stainless trim shows well. Claimed to have never been wrecked. Hard top included with car. Cond: 2-. Holley carburetor reportedly have just 1,250 miles on them, but details are sloppy, including awkward alternator mount. Cond: 3. NOT SOLD AT $36,000. Last seen at RM's Fort Lauderdale auction in February, '07, where it failed to sell at $38,000 (CM# 44283). The car was overall a used example of a once amateurly-restored mid-year 'Vette that was not improved by the shortcuts taken to get it roadworthy. From missed details to deteriorated cosmetics, the high bid was almost all the money, and the seller might have thought twice about letting it go. Carlisle Auctions, Carlisle, PA, 10/08. #S48-1964 CHEVROLET CORVETTE Custom coupe. S/N 40837S112641. Silver/ black vinyl. Odo: 11,979 miles. 327-ci 365hp V8, 4-bbl, 4-sp. Optional power steering, power brakes, power windows, and AM/FM radio. Non-GM replacement 1965 front end and big-block hood. Silver repaint shows well with lots of prep work underneath it, OK door 60 Corvette Market FALL 2008 www.vettemarket.com emblems and trim. All major driveline components original. Mediocre engine detailing, fully refurbished suspension. Excellent original interior with limited wear. Cracks on optional simulated rosewood wheel, seams separating on seat backs, worn-off vacuum plating on door armrest mounts. Cond: 3. NOT SOLD AT $42,000. In lieu of lot S48, this was the '64 coupe to go after. While being a better car, this final bid should have really initiated a change in ownership. Mecum, Des Moines, IA, 7/08. #515-1964 CHEVROLET CORVETTE coupe. S/N D40847S116264. Black & silver/ black leather. Odo: 14,725 miles. 350-ci 400hp fuel-injected V8, 6-sp. Complex hot rod built to run Americruise in '96 and '97. Stock chassis with tubular upper A-arms, Carrera adjustable shocks, and four-wheel discs. 32-valve 1990s ZR-1 engine, 6-speed Richmond trans, Vintage Air. Excellent (if too-shiny) paint, NOT SOLD AT $47,500. A time-warp 'Vette. Extremely original cars like this are becoming harder to find, and the market is starting to show more interest in them. However, the originality here was not sparkly enough to attract a buyer, and it returned to its seller at a below-market bid. Russo and Steele, Monterey, CA, 8/08. #98-1964 CHEVROLET CORVETTE convertible. S/N 40867S106191. Daytona Blue/white vinyl & blue hard top/silver leather. Odo: 59,051 miles. 327-ci 365-hp V8, 4-bbl, 4-sp. Good repaint over heavier body prep with only light body seam broadcasting along left upper fender line. Panel and door gaps generally even, both front inner wheelwell lips slightly shaved. Both sets of bumpers replated, most of easily replated trim replaced with reproductions. Fresh replacement soft top with only light soiling from limited use, clean and well-restored engine bay. Although claimed to


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One Site — One Price. REAL VALUES IN REAL TIME NOW ONLINE! The world's largest collector car price guide based on over 500,000 sold transactions from . Updated weekly. www.ebaymotors.com/pricetracker For the collector who needs to know what things are selling for, right now. Take a free test drive on a the featured car of the week. 24-hour memberships from just $3.99.


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Market Report Global Roundup Corvettes across the block #S174-1965 CHEVROLET CORVETTE convertible. S/N 194675S121316. Blue/ white vinyl/blue leather. Odo: 81,978 miles. 396-ci 425-hp V8, 4-bbl, 4-sp. Scratched trim on windshield surround, other trim and chrome looks good, including sidepipes. Paint cracked at headlight corners, engine detailed, undercarriage shows driving dirt and grease. have been a frame-off restoration, the interior is all reused original. Cond: 3+. NOT SOLD AT $40,000. The consignors were looking to get about $50k out of this, but before the auction, they weren't certain what to expect. However, it was more than the $35k that one of the auction promoters offered before the event. $45k to $50k is closer to where it should be. Rinstad Auctions, Bloomington, MN, 8/08. #F70-1964 CHEVROLET CORVETTE convertible. S/N 40867S121849. Light blue metallic/tan vinyl/black vinyl. Odo: 37,503 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Older respray with numerous surface preparation issues. Chrome and brightwork appear older and show damage throughout, aftermarket chrome Torq-Thrust-style rims look out of place. Interior intact but tired, odometer digits all off or Bloomington status? Seems a bit odd. With documentation this Corvette could hit the high estimate of $150k, but as it sat, the price paid was about right. See profile, p. 24. RM Auctions, Monterey, CA, 8/08. #221-1965 CHEVROLET CORVETTE convertible. S/N 194675S122825. Milano Maroon/black vinyl/white leather. Odo: 21,422 miles. 327-ci 300-hp V8, 4-bbl, auto. A baselevel Corvette with leather interior, although white was not the best choice. Lower stainless trim dented, other chrome and brightwork OK. Low mileage stated to be original, and there's New leather interior. Cond: 2+. SOLD AT $90,300. This car was stated to be fitted with “mostly factory correct” components and was claimed to have matching numbers. Finished in good colors and done to a better-than-driver standard, it was a decent deal for both buyer and seller at this price. Mecum Auctions, St. Charles, IL, 10/08. no reason to disagree. Redline tires, reproduction knockoff rims, power steering and brakes. Good panel fit and alignment, minor paint issues. A decent Corvette with a few light needs. Cond: 2. SOLD AT $49,500. This was not a lot of Corvette, but it didn't go for a lot of money either. It appeared to be sorted out, so the new owner's next trip should be the open road. RM Auctions, Monterey, CA, 8/08. half a click. Tan convertible top nice and appears relatively new. Non-numbers-matching engine missing many detail parts. Cond: 3-. NOT SOLD AT $27,000. Out of all mid-year cars, 1964 has the least to offer collectors. Although the top went down, the price realized was enough for the tired and largely tastedriven condition of this particular example, and the seller would have been wise to drop his reserve at the high bid. Carlisle Auctions, Carlisle, PA, 10/08. TOP 10 #9 #253-1965 CHEVROLET CORVETTE convertible. S/N 194675S118965. Ermine White/black vinyl. Odo: 41,412 miles. 396-ci 425-hp V8, 4-bbl, 4-sp. Stated to be unrestored with original mileage. Decent panel fit, paint chipped and touched up throughout. Two tops, AM/FM radio, sidepipes, decent chrome and glass. Engine bay as used with no attempt to detail. No documentation on options. Cond: 2. SOLD AT $101,750. An unrestored 396/425 Corvette without any documentation 62 Corvette Market FALL 2008 www.vettemarket.com surface rust on exhaust manifolds. All new chrome. Cond: 2+. SOLD AT $52,500. One of 4,716 fitted with the L79 350-hp small-block in 1965. This car showed few needs, and it would have made an excellent usable driver. Cheap money for an example in this shape. Well bought. Mecum Auctions, St. Charles, IL, 10/08. #F238-1965 CHEVROLET CORVETTE convertible. S/N 194675S122868. Glen Green/white vinyl/white vinyl. Odo: 3,456 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Nice recently redone paint shows some waves at rear above taillights. Recently replaced top, interior still smells new. Factory-detailed engine with #557-1966 CHEVROLET CORVETTE convertible. S/N 194676S127152. Red/black canvas/black leather & vinyl. 500-ci 500-hp V8, 4-bbl, auto. Fair panel fit and paint, but back of driver's door has been bevelled off. Interior clean but a bit worn. Mountney wheel, incorrect seats, hard top in good shape. Stated original 427/425 L72 enlarged to 500-ci by Speed Shop Racing in 2006. Cond: 3. NOT SOLD AT $63,400. Also not sold at Bonhams Paris sale in February '08, where it was bid to $69,900 (SCM# 63050). The pre-sale estimate dropped from $120k to $80k-$100k for this sale, but it couldn't even reach that. Modified cars make people worry. Bonhams, Chichester, UK, 7/08. #295-1966 CHEVROLET CORVETTE coupe. S/N 194376S112462. Sunfire Yellow/ black vinyl. Odo: 88,822 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Driver's door pinched at rear roofline, good paint over decent prep showing polishing marks and overspray on driver's side vent window rubber. Chrome and brightwork nice but no longer show, interior shows care but has been used and is commensurate with the miles shown. Fitted with telescopic wheel, sidepipes, knockoffs, power windows, and


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power brakes. Reported to be a numbers-matching car in correct original colors. Cond: 3+. SOLD AT $55,000. First seen at The Auction's Las Vegas sale in October '00, where it failed to sell at $29,000 (SCM# 10791). Later seen at the same venue in April '01, where it sold at $32,330 (SCM# 23793). Finally, seen at Barrett-Jackson's Scottsdale event in January '02, where it sold at $29,160 (SCM# 26904). Here it sold for $55,000 with less than 1,000 additional miles. The L79 327/350 engine is great for tooling around town, so let's hope the new owner has some fun with it. A decent deal all around. RM Auctions, Rochester, MI, 8/08. #563-1966 CHEVROLET CORVETTE convertible. S/N 194676S123648. Black/ black vinyl/black vinyl. Odo: 37,097 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Black paint nicely done over excellent panel fit, overspray on fenders around cowl vent. Seller states car has traveled less than 50 miles since receiving a complete engine rebuild. Seats, carpet, and With the bid going where it did, one imagines that there's half a chance the numbers matched on this car. If that had actually been advertised by the vendor, it might have done another bid or two and been cut loose. If not, the price was all the money and more. With the current economic slide aside, it's fall, not spring, and this gauges all appear new but some smaller trim pieces are showing rust and pitting. A nice driver quality Corvette, but not ready for any big shows. Cond: 3. NOT SOLD AT $69,000. 1966 was the first year Chevrolet fitted the 427 engine in the Corvette. This car had all the right options, and a suitable buyer just wasn't present. It should have brought more than this high bid, so the seller was wise to hang on to it and wait for another day. Cox Auctions, Branson, MO, 9/08. #S165-1966 CHEVROLET CORVETTE convertible. S/N 194676S107135. Nassau Blue/black vinyl/black vinyl. Odo: 64,046 miles. 396-ci V8, 4-bbl, 4-sp. Originally a 427/390, now fitted with a 396 from an unknown source. Decent paint shows one chip and light cracks at headlight corners, typical Corvette fit and panel gaps. New seat covers, carpet shows some fading. Wiper tracks and stone chips on windshield, some scratching on trim around glass. Fitted with sidepipes and Goldlines with knockoffs. Not detailed underneath. Cond: 2. SOLD AT $53,550. Most numbers matched on this car, but the N.O.M. kept it from reaching the thin air of the original engine 427 roadsters. Sold a bit on the high side for a different-engine car, but the rest of the package made it worth it. Mecum Auctions, St. Charles, IL, 10/08. TOP 10 #4 #237-1967 CHEVROLET CORVETTE convertible. S/N 194677S106817. Ermine White & red/black canvas/red leather. Odo: 39,949 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Stored for 27 years, restored in 2005. Claimed matching numbers and original mileage. Excellent respray; door jambs rough and typical of factory production, stinger hood paint not. Engine bay well done with correct marks and decals. Redline tires, side exhaust. Well presented. Cond: 2. SOLD AT $138,000. To my eye, these Corvettes do not show well in Ermine White. Perhaps others agreed, as the final price paid here was under the money for a 427/435 convertible in this condition. RM Auctions, Monterey, CA, 8/08. #F73-1967 CHEVROLET CORVETTE convertible. S/N 194677S117096. Rally Red/ tan vinyl/red leather. Odo: 9,275 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Older comprehensive restoration exhibits light chips and factoryaccurate gaps under good uniform finish. Chrome a bit wavy, brightwork above par. Tan top appears newer than paintwork, red leather interior gorgeous with the exception of a slight driver's seat bottom fit issue. Wood wheel fitted for a sporting look. Older engine bay restoration could use a fresh detailing to keep it from coming undone. Cond: 2. NOT SOLD AT $73,000. www.vettemarket.com FALL 2008 Corvette Market 63


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Market Report TOP 10 #10 Global Roundup Corvettes across the block money ought to have owned the car. Carlisle Auctions, Carlisle, PA, 10/08. Best Buy #F193-1967 CHEVROLET CORVETTE convertible. S/N 194677S106817. White & red/black vinyl/red vinyl. Odo: 34,953 miles. 427-ci 435hp V8, 3x2-bbl, 4-sp. Nice paint application and chrome replating, new interior with headrests, new top. Engine compartment as-new, I wouldn't even attempt to fix it... I would just drive it and show it as is. You can't see flaws from five feet anyway. The bid was fair here. Mecum Auctions, St. Charles, IL, 10/08. with some fuel dripping from center carburetor. Fitted with telescopic wheel, sidepipes, and Redline tires on Rally wheels. Cond: 2. SOLD AT $94,500. It was hard to fault this recent high-level restoration with no apparent detail overlooked. However, it sold ar RM Monterey two months prior to this for $138k, so this was a huge hit for the consignor. Mecum Auctions, St. Charles, IL, 10/08. #S46-1967 CHEVROLET CORVETTE convertible. S/N 194677S107952. Red & black/black vinyl/white vinyl. Odo: 36,797 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Fitted with power windows. Some scratches and chips in paint, star crack by antenna. Equipped with five original Kelsey-Hayes alloy wheels and original #S184-1967 CHEVROLET CORVETTE convertible. S/N 194677S104422. Marlboro Maroon & black/black vinyl/black vinyl. Odo: 20,314 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Thick paint with one star crack on hood and numerous chips and prep flaws elsewhere. Both doors fit very wide at top of windshield. Clean engine shows some fuel leaks from run out OK, leaks some coolant when parked. Older replacement seat upholstery and carpet, remainder of interior original. Cond: 3+. SOLD AT $29,400. Last seen a month earlier at Mecum's St. Paul auction, then a no-sale at $22,500. In retrospect, the seller was quite prudent to hold out for more, as he did quite well for a short jaunt south with it. Sold well. Mecum, Des Moines, IA, 7/08. TOP 10 #2 #355-1968 CHEVROLET CORVETTE L88 Competition convertible. S/N 194678S405175. Blue & white/black vinyl. Odo: 4,696 miles. 454-ci 430hp V8, 4-bbl, 4-sp. Ex-James Garner Team AIR/ Dick Guldstrand FIA GT. A very well-known car, and driven onto the ramp and introduced by triple carbs. Driver's side outside mirror missing, wiper blades bent. A claimed matchingnumbers example. Cond: 2-. NOT SOLD AT $69,000. Stated to have had an NCRS-quality body-off restoration, but it clearly had a rough time since then. It looked like many of the problems may have been associated with transporting this car. It is hard to confidently bid on a car that looks unloved. Mecum Auctions, St. Charles, IL, 10/08. C3 headrest seats. Some paint chips on shifter trim plate, engine dirty with no restoration done. Cond: 2. NOT SOLD AT $105,000. Even though it wasn't perfect, this was still a nice big-block Corvette with much originality. This bid wasn't far from the mark, but the seller was looking for a number closer to $125k. Mecum Auctions, St. Charles, IL, 10/08. #S83-1967 CHEVROLET CORVETTE convertible. S/N 194677S117707. White & black/black vinyl. Odo: 10,189 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Fitted with teak telescopic wheel, a/c, and tinted glass. Factory shine on paint with numerous light cracks at headlights, driver's door, and base of windshield. Several paint chips also visible. Windshield chipped, chrome and trim nice. New interior shows well. Engine compartment clean aside from surface rust on master cylinder. Cond: 2. NOT SOLD AT $83,000. A pretty car with no glaring flaws, but the paint lets it down a bit, and that won't be an easy fix. 64 Corvette Market FALL 2008 www.vettemarket.com #S92-1968 CHEVROLET CORVETTE convertible. S/N 194678S414699. Corvette Bronze/white vinyl/brown leather. Odo: 9,234 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Options include power brakes, power steering, and AM/FM radio. Recent restoration by Corvette International. Good body prep and repaint, but not quite good enough to bring to Bloomington Gold. Better-than-original bumper plating, mostly reproduction emblems and trim. Original block and heads, aftermarket performance ignition, fan, and radiator. Seems to Guldstrand himself. Provenance from new, replaced engine. Recent vintage race and concours outings. Very well restored to better-than-new race car standards inside and out. Cond: 1. SOLD AT $744,000. A reasonable price for an important piece of Corvette history, even if it wasn't very successful. See profile, p. 26. Bonhams & Butterfields, Carmel, CA, 8/08. #F37-1968 CHEVROLET CORVETTE convertible. S/N 194678S417909. Hugger Orange & white/tan vinyl/tan vinyl. Odo: 15,390 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Bright paint executed to a high standard with wide white rally stripes. Gaps factory or better, chrome nicely done, brightwork a mix of replacement and original and could be better around windshield. Interior tidy and nicely restored, with factory a/c in dash. Engine compartment also well restored, though aftermarket performance parts and some amateurish wiring could have been more cleanly done. Cond: 2. SOLD AT $32,288. While a bit overdone and smacking of fakey-doo hot rodder, this must be enjoyable to drive whether the numbers matched or not—as long as the big-block was not from much later than the car. I call this reasonably well bought for a non-Bloomington


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Market Report Global Roundup Corvettes across the block Gold Corvette enthusiast, or perhaps even as a fun weekend driver for that individual. Carlisle Auctions, Carlisle, PA, 10/08. #8B-1969 CHEVROLET CORVETTE coupe. S/N 194379S73073. Monza Red/tan vinyl. Odo: 89,509 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Fitted with power brakes, AM/FM radio, tilt/telescopic column, and luggage rack. Decent older repaint has some chips along door seams and star cracks above left front wheel. Unevenly shaved front inner wheelwell lips. Door gaps good, light fiberglass damage #S658-1969 CHEVROLET CORVETTE L88 coupe. S/N 194379S710154. Fathom Green & black/tan leather. Odo: 47,732 miles. 427-ci 430-hp V8, 4-bbl, 4-sp. One of 216 L88s made. Unrestored, with checked, scratched, and chipped paint. Driver's door very checked, one on driver's door forward edge appears to have been caused by door hitting hinge. Good older bumper replate job, balance of trim acceptable. Seat bottoms have seams letting go, original seat backs show almost no wear. Cond: 3-. SOLD AT $27,000. While an authentic red big-block car, this was still fairly rough. This was purchased by a dealer, so he thinks there's still money on the table in it. However, it may be a case of equal returns, as he'll likely get back money equal to what is spent on it. VanDerBrink Auctions, Hensel, ND, 9/08. #427-1969 CHEVROLET CORVETTE coupe. S/N 194379S703817. Tuxedo Black/ Gunmetal vinyl. Odo: 35,370 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Decent Tuxedo Black repaint with unusual but correct Gunmetal interior. Fitted with 3.08 Positraction, a/c, power windows, side exhaust, tilt/telescopic column, AM/FM, Redline tires, and reportedly $40,000 headlight stuck in the up position. A level four survivor at Bowling Green in 2008. Cond: 4. NOT SOLD AT $280,000. A wonderful rat... and the car to have for Corvette guys who value originality over restoration. Why “fix” it? Considering all that was factory here, the seller can't be faulted for hanging on to it at this price. Russo and Steele, Monterey, CA, 8/08. #21-1969 CHEVROLET CORVETTE coupe. S/N 194379S738548. Black/Gunmetal vinyl. Odo: 40,125 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Claimed to be the last L71 Corvette built and showing original mileage. Body has light seam broadcasting, paint quality congruent with original, with only moderate scratches and a few nicks. All original chrome and trim slightly wavy. Motor virtually untouched and worn, smog gear still in place. GM crate 502. Old body modifications done to flare out wheel openings not exceptionally noticeable and done well. Rear valance panel missing, but bits are included on the adjacent wooden pallet. Repaint dull, with lots of nicks and scrapes. Both side mirrors missing. Declared while being sold to have inoperable front brakes. Moderate seat wear, but not worn though anywhere. Cond: 4-. SOLD AT $18,750. The next worst thing to a barn-find basket case. Besides, front brakes are overrated anyway... cars didn't have 'em until the mid-1920s. The only way one could come out even on this deal is to find the original motor on the parts pile pallet, and you'll only likely keep up on the expenses and not make any money. Sold exceptionally well. VanDerBrink Auctions, Hensel, ND, 9/08. #F38-1969 CHEVROLET CORVETTE convertible. S/N 194679S733975. Rally Red/ white vinyl/black vinyl & cloth. Odo: 86,363 miles. 350-ci 350-hp V8, 4-bbl, 4-sp. Nice older respray shows few signs of inadequate prep. Body gaps better than new, white convertible top taut and clean with no faults. Bumpers redone and somewhat wavy, brightwork completely original and shows some signs of age. Interior mostly original, with thumbprint-size hole in dash top and modern “Corvette” stereo spent in restoration. Front fenders rubbed by tires. Cond: 2-. NOT SOLD AT $45,000. This car appeared to be a very usable original with a fresh repaint and well-done interior. However, 390-hp models trail 435-hp ground-pounders by $15,000–$20,000, and I'd have taken this bid like a shot, as it was only about $6,000 below high book. Silver Auctions, Reno, NV, 8/08. 66 Corvette Market FALL 2008 www.vettemarket.com Rally wheels, Firestone Wide Oval Redline tires. Original interior almost better than some lower-end replacement stuff, with only light wear to carpet. Cond: 3. SOLD AT $77,000. While seeming a bit scruffy under the hood and under the body, this is the sort of thing that Bloomington Gold judges don't mind seeing. The reserve was lifted when the final bid was taken, yielding a good buy whether it's the last L71 or not. Worldwide Group, Auburn, IN, 8/08. #25B-1969 CHEVROLET CORVETTE coupe. S/N 194379S727326. LeMans Blue/ black vinyl. Odo: 43,232 miles. 502-ci V8, 4-bbl, 4-sp. Claimed to originally have been a 427/435 car, currently fitted with a 20-mile-old in dash. Underhood relatively undetailed with Edelbrock cast finned valve covers and a missing distributor cover. Cond: 3+. NOT SOLD AT $35,000. The Corvette enthusiast was king here... Spending a solid winter of tinkering with the details and very little investment could easily pick this car up most of a condition grade, which would likely mean a four-digit price increase by springtime. A few of these types helped to get the bid up to this level, but it was just not enough to get the deal done. Seller might have thought twice about letting it go home with someone else. Carlisle Auctions, Carlisle, PA, 10/08.


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Market Report Global Roundup Corvettes across the block #13-1970 CHEVROLET CORVETTE convertible. S/N 194670S408851. Maroon metallic/black vinyl/black vinyl. Odo: 70,227 miles. 350-ci 350-hp V8, 4-bbl, 4-sp. Options include a/c, tilt/telescopic steering column, luggage rack, and both tops. Originally yellow, horrid older repaint with lots of orange peel, chipping, scratches, and lifting. Filthy engine bay with a multitude of hack-job repairs and go fast parts. Driver's seat edging coming loose components over non-original engine. Mediocre repaint with some visible issues, new interior with non-matching door panels. 1969 side pipes, Moto-Lita steering wheel, rear luggage rack. Rocker panel trim missing. Cond: 3+. SOLD AT $16,800. This was clearly not stock, but it looked OK at 15 feet. Cheap enough for a '71, and even though it likely won't return more than this price for its new owner, it'll make a great driver. Mecum Auctions, St. Charles, IL, 10/08. on outboard side, carpeting has average wear, majority of interior rather heavily soiled. Hard top firmly affixed all weekend. Cond: 4. SOLD AT $10,600. Lot 13, how apropriate. The consignor bragged that it had been in storage from 1984 until 2004, and it looks the part. Too bad it wasn't stored well. It also doesn't help when you boast about having lots of new driveline parts. Very well sold when the bidding stopped. Poorly bought, unless someone is looking for a winter beater C3. Otherwise a gaping money pit for some unlucky soul. Rinstad Auctions, Bloomington, MN, 8/08. #S58-1970 CHEVROLET CORVETTE convertible. S/N 194670S411535. Blue/white vinyl/blue vinyl. Odo: 38,916 miles. 350-ci 370-hp V8, 4-bbl, 4-sp. Newer thick reapint with color mismatch on headlight doors and rear side panels. Micro-pitting in rear bumper chrome, some interior chrome trim pitting as well. Dash color mismatched, new seats, Best Buy #398-1972 CHEVROLET CORVETTE convertible. S/N 1Z07W28516735. Orange/black canvas/black leather. Odo: 3,502 miles. 454-ci 270-hp V8, 4-bbl, 4-sp. Western Washington car reportedly kept at a beach home. Fitted with a/c, tilt/telescopic column, and trunk rack. Great paint in a good color, typical body fit, good chrome, clean underneath. notable for reduced “net” horsepower claims, even though that's just paperwork. They're mostly remembered as the end of an era, and rubber-nosed '73s are much cheaper. Silver Auctions, Reno, NV, 8/08. #92-1973 CHEVROLET CORVETTE coupe. S/N 1Z37Z3S402033. Red, white, & blue/black vinyl. Odo: 74,916 miles. 396-ci V8, 2x4-bbl, auto. North Dakota drag racer, claimed a champion with consistent 9.80s in the quarter mile. Zero miles on rebuilt engine with Keith Black pistons, tunnel ram, and dual fours. Race quality paint and details, scrape carpet and door panels fitted. Engine shows driving dirt and rusty headers. Windshield washer pump missing parts and disconnected. Scratches on side glass. Cond: 3. NOT SOLD AT $34,000. A '70 LT-1 is a very desirable Corvette today and they almost always bring strong money. Having said that, this one wasn't perfect, and I don't know where it will get a better offer than what was bid here. Mecum Auctions, St. Charles, IL, 10/08. #U52-1971 CHEVROLET CORVETTE coupe. S/N 194371S115337. Red/red vinyl. Odo: 78,119 miles. 327-ci 350-hp V8, 4-bbl, auto. Equipped with a/c and many aftermarket 68 Corvette Market FALL 2008 www.vettemarket.com Little wear to interior, top looks new. Engine details appear correct, underhood paint not typical of factory production. New BFG radial tires. Cond: 1-. SOLD AT $37,800. This looked like a Microsoft-financed restoration; the car left a trail of greenbacks as it pulled onto the block, but to surprisingly lukewarm response. Sure, it was only a 270-hp 454, but everything else was as you'd want it. Sold slightly over low book and very well bought indeed. Silver Auctions, Reno, NV, 8/08. #383-1972 CHEVROLET CORVETTE convertible. S/N 1Z67K2S501314. Targa Blue/ black canvas/blue cloth. Odo: 89,309 miles. 350-ci 200-hp V8, 4-bbl, 4-sp. Good color and excellent panel fit, although right front fender appears repaired. Decent chrome, too much flat black paint underhood, windshield chipped. Acceptable wear to interior. Claimed to be an original L48 with power steering, power windows, tilt/telescopic column, and AM/FM radio. Cond: 2. SOLD AT $31,320. Looked like just a nice driver in a good color and priced accordingly at low book. The '72s were on right front fender—all the effort obviously mechanical. Cond: 4. NOT SOLD AT $8,500. A hairy old race car with history. Some viewers remembered it in Denver in the early 1980s. Despite comments to the contrary, the mileage suggests it had a street life before it went racing, as it would take a long time to rack up 74,000 miles in quarter-mile increments. The bidders apparently had doubts too. Silver Auctions, Reno, NV, 8/08. #S125-1975 CHEVROLET CORVETTE Custom coupe. S/N 1Z37J5S430732. Dark blue metallic/blue vinyl. Odo: 78,715 miles. 350-ci 205-hp V8, 4-bbl, auto. Optional a/c. Heavily nicked and scratched '80s-era mediocre repaint, several body cracks, door sills look rattle-canned. Noticeable color shift between


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Market Report Global Roundup Corvettes across the block body and soft front and rear fascias. Suspension sits high, and judging by a plethora of muffler dents, one could almost have painted the car orange and called it the General Lee, as it looks like that extra suspension height was needed for jumping curbs and creeks. Dashboard and door panel vinyl OK, seats very dingy. Cond: 4-. NOT SOLD AT $5,400. This poor C3 was so heavily abused that it needed counseling and a support group. As such, more than enough was bid here, as the only cost-effective thing to do here would be use it until it drops. Mecum, Des Moines, IA, 7/08. #18-1977 CHEVROLET CORVETTE coupe. S/N 1Z37L7S421569. Corvette Orange/brown leather. Odo: 41,495 miles. 350-ci 180-hp V8, 4-bbl, auto. Options include leather interior, power windows, tilt/telescopic column, and luggage rack. Consignor claims original miles and that he's the second owner. Original paint a little thin on some panel edges. Apart from some light driver's side bolster wear, all-original interior shows little wear, commensurate with the miles indicated. Dealer accessory carpeted floor mats of the era are average. Brightwork acceptable for a driver, but details suffer. Rough interior appears original aside from new seatcovers, engine bay has no evident cosmetic restoration despite claimed 900-mile rebuilt engine. Cond: 3-. NOT SOLD AT $9,500. Even if it was not a “malaise era” 'Vette, a car in this condition simply failed to impress most who viewed it for any signs of an upside. As an average 20-footer, it was bid up to local used car lot value, but the enthusiasm stopped well short of its $14k reserve price. No mention was made of any deals after the sale, and I watched its owner drive it back toward the loading area later on. Carlisle Auctions, Carlisle, PA, 10/08. #S195-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z8748S905199. Black & silver/smoked tint panels/silver leather. Odo: 25,807 miles. 350ci 220-hp V8, 4-bbl, 4-sp. Original tires dismounted but included, IPC graphics packaged in original N.O.S. box. AM/FM/8-track in box on passenger's footwell, modern DIN-mount stereo with 12-disc CD mounted in its place. wheels dull, 4-speed uncommon. All goofy stickers in place. Black urethane bumpers still a fair match, interior shows light wear to driver's seat area. Just a used car. Cond: 3-. NOT SOLD AT $8,600. One of 6,502 which appear at auctions everywhere like hordes of Flying Dutchmen. At least this was an L82 and a 4-speed, which made it fractionally more desirable. The money was right, as these cars aren't going anywhere. Silver Auctions, Portland, OR, 9/08. #10B-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z8748S904693. Black & silver/mirrored glass/silver leather. Odo: 15,159 miles. 350-ci 220-hp V8, 4-bbl, 4-sp. Representatives of the estate claim correct mileage. Pretty good original paint with typical mediocre application and thick masking. Hood stripes and L82 trim emblem crazed, light crazing along top forward section of passenger's door, buffing burn along getting a bit rough around the edging. Cleaned up generally unmolested engine bay. Cond: 3. SOLD AT $9,540. While this came off as a bit shabby, it generally speaking is what a Bloomington Gold judge doesn't mind seeing. As our friends there say, you can grow dust and corrosion, but you can't grow new paint and upholstery on a car. It wouldn't also be too much of a stretch to just use it as a summer driver, but this one is just a heavy clean-up job from being a Survivor or possibly even a Benchmark, so I hope that the new owner goes that route with it. Or at least makes a try at it. Rinstad Auctions, Bloomington, MN, 8/08. #F11-1977 CHEVROLET CORVETTE coupe. S/N 1Z37L7S426960. Red/red vinyl & cloth. Odo: 89,487 miles. 350-ci 190-hp V8, 4-bbl, auto. Quality repaint extremely rough in jambs, but most exterior surfaces are above Generally well-preserved original paint buffed out recently, typical rippling of front and rear fascia covers. Engine generally clean, chassis somewhat rusty. Typical light yellowing of silver leather, light carpet and steering wheel rim wear. Cond: 3+. NOT SOLD AT $22,000. You could do far worse for a '78 Pace Car, mostly due to this one having the desirable L82 and 4-speed. If the history had been more iron-clad—with paperwork to prove it—the consignor would have been justified in holding onto it. However, being an as-is, where-is proposition, this price was about right. Mecum, Des Moines, IA, 7/08. #44-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z8749S438440. Black & silver/silver leather. Odo: 48,020 miles. 350-ci 220-hp V8, 4-bbl, 4-sp. Paint fair with some chips and scrapes, right front fender arch. Pace Car lettering not installed or included. Patched dashpad above glove box door. Aftermarket dash plaque states the name of the original owner. Fitted with aftermarket trailer hitch. Cond: 3. SOLD AT $30,000. Welcome not to the Flickertail state, but the Land of Stupid money. While it has the most desirable powertrain combination, the condition just isn't anywhere near $30k great. This should be more like a $20k acceptable driver. Based on both the car's overall condition and how easy it is to unhook the odometer, I'd question the miles indicated. VanDerBrink Auctions, Hensel, ND, 9/08. #936-1979 CHEVROLET CORVETTE coupe. S/N 1Z8789S415972. White/black 70 Corvette Market FALL 2008 www.vettemarket.com


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vinyl. Odo: 23,335 miles. 350-ci 195-hp V8, 4-bbl, auto. Make that 123,335 miles; flat paint, urethane nose typically mismatched, rear bumper chipped. Cheesy pinstripe, right front fender damaged, wheel curbed. Driver's seat worn, stitching torn, rear inside deck scratched. Cond: 4. SOLD AT $10,800. Just a used car, although the white color probably saved the paint from looking worse. There are lots of these to choose from, but they're not fast and not pretty, so why bother? Still, it did pass Nevada smog, so at least it could be licensed. Well sold. Silver Auctions, Reno, NV, 8/08. #587-1979 CHEVROLET CORVETTE coupe. S/N 1Z8789S409477. Yellow/black vinyl. Odo: 69,604 miles. 350-ci 225-hp V8, 4-bbl, auto. Professional paint needs a bit more buffing and some work around T-tops. Nice interior with recent seat upholstery and original shift boot, very nice dash marred by dirty window switches. Clean engine bay with no noticeable flaws. A nice Corvette that was this one was covered in polished and anodized aluminum bits and seemed to have been well cared for. This will be parked in the garage of a rich foreigner soon... It screams out “look at me” and would probably be a lethal stoplight race machine. I dare the new owner to hit the nitrous... should be the ride of his life. Cox Auctions, Branson, MO, 9/08. #109-1980 CHEVROLET CORVETTE coupe. S/N 1Z878AS404204. Black/black vinyl. Odo: 72,353 miles. 350-ci 190-hp V8, 4-bbl, auto. Good older repaint, generic aftermarket mags, driver's seat torn, nose shows several stone chips. Very complete records and matching numbers. Second owner has had it 18 years. Cond: 3-. NOT SOLD AT $15,000. This the other car's top bid and was the better deal. Slightly well bought. Carlisle Auctions, Carlisle, PA, 10/08. C4 #99-1984 CHEVROLET CORVETTE Custom coupe. S/N 1G1AY0781ES5142580. Silver/black leather. Odo: 48,779 miles. 350-ci 205-hp fuel-injected V8, 4+3 manual. Bizarre C5 body kit fitted to a first-year C4. Evidence that the driver's door was red suggests a profound rebuild took place. Paint quite good, marked wear to driver's seat. Wheel- probably restored one piece at a time. Cond: 3. SOLD AT $11,880. This car appeared to have been taken care of over the years and was likely slowly restored by an enthusiast on a budget. All the big stuff had been replaced, so the new owner made a wise purchase decision and will be able to make a 2- car using only a parts catalog. Excellent sale for both parties. Cox Auctions, Branson, MO, 9/08. Twin #621-1979 CHEVROLET CORVETTE Turbo Custom coupe. S/N 1Z87L8S401572. Brown, gold, tan, & maroon/brown, gold, tan, & maroon leather. Odo: 72,554 miles. 350-ci 700-hp twin-turbocharged V8, 5-sp. Custom paint and interior done in the 1970s to a high standard. Late '70s vintage cheater series N.O.S. system and Banks twin turbo setup. More gauges than most aircraft, factory CB, glass tops. This car was modified top to bottom and looks ready for a Cannonball. Claimed 700 horsepower, BF Goodrich Comp T/As are nearly gone in the back. A macho Corvette straight from the disco era. Cond: 3. SOLD AT $17,820. Normally these older modified cars don't do well, but seemed like a solid old car, if unspectacular. My notes thought this a decent buy at around $9k, so I was astonished to see $15k refused. Apparently there are people who don't read car magazines or even watch the television news. I'd have taken the money and tried to keep a straight face. Silver Auctions, Portland, OR, 9/08. #F101-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8765BS419001. Tuxedo Black/red leather & vinyl. Odo: 51,705 miles. 350-ci 190-hp V8, 4-bbl, 4-sp. Possibly original black paint light around the edges, black buffed off some trim, side and rear glass heavily arches oddly proportioned. Cond: 3. SOLD AT $9,180. This looked like David Byrne in the big white suit from the Talking Heads “Stop Making Sense” tour. It was a clumsy-looking conversion but it couldn't have been cheap. It does raise the question of how much of the original C4 body survived the likely crash. Was it a good buy? Who knows... Have you ever seen another? Silver Auctions, Portland, OR, 9/08. Best Buy #F110-1985 CHEVROLET CORVETTE coupe. S/N 1G1YY0789F5119337. Red/gray leather. Odo: 76,689 miles. 350-ci 240-hp fuelinjected V8, auto. High-quality respray with only slight overspray on small trim and slight dirt under finish. Interior cleaner and tighter than most, apart from light front speaker grille fading and normal driver's seat bolster wear. Engine bay complete and correct, but tinted. Original interior shows wear, especially at leather seat centers and door panels. Engine bay detailed to a driver standard, Holley carburetor and air cleaner incorrect. Giant sidepipes not to everyone's taste. Cond: 3+. SOLD AT $10,238. Even with the L81 package, this final St. Louis offering is not a very powerful 'Vette, but it is made more appealing with some power options and the 4-speed transmission. A considerably nicer car than the red car offered earlier in the sale, this one sold at around not overly detailed. Cond: 3+. SOLD AT $6,825. A nice and well-kept C4. Despite the automatic transmission and normal wear and tear, the FE7 handling package and Z51 suspension made this a good driver. In addition, the seller indicated that many new parts had been installed and some maintenance had been performed in the not-too-distant past. Slightly well bought, with plenty of room for enjoyment and improvement down the road. Carlisle Auctions, Carlisle, PA, 10/08. www.vettemarket.com FALL 2008 Corvette Market 71


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Market Report Global Roundup Corvettes across the block #F106-1986 CHEVROLET CORVETTE Indy Pace Car convertible. S/N 1G1YY6780G5904382. Yellow/black cloth/ gray leather. Odo: 25,670 miles. 350-ci 240-hp fuel-injected V8, auto. Original paint shows light buffing scrapes around edges. Pace car decals complete and likely original, trim unmarred. Driver's seat once torn and repaired at seat bottom bolster, interior otherwise nearmint throughout. Cloth top appears good but was down during preview. Engine bay tidy without signs of detailing, hood helper strut absolutely dead. Cond: 2. NOT SOLD AT $15,000. A Corvette hood feels pretty light until you have to lift one by yourself. Maybe my ZR-1's lighter headlamp pods make a bit of difference, but I'm willing to bet it's more than that. Despite this example's flaws, it was a nice piece, and the seller was wise to hold on to it at this top bid. Carlisle Auctions, Carlisle, PA, 10/08. #S120-1987 CHEVROLET CORVETTE coupe. S/N 1G1YY2183H5121530. Polo White/red leather. Odo: 77,819 miles. 350-ci 240-hp fuel-injected V8, 4+3 manual. Good original paint now heavily buffed out but showing very few chips and light scratches. Dull original alloy wheels, older tires. Redyed seats, replacement door armrests, aftermarket center console armrest pad. Aftermarket door sill 350-ci 245-hp fuel-injected V8, auto. Factory options include power leather seats & electronic a/c. Aftermarket pseudo-wood appliqué dashboard and console trim & DIN-mount CD stereo system. Acceptable driver-grade repaint with a few masking miscues and overspray. Yellow replacement spark plug wiring sticks out like a sore thumb in otherwise unkempt engine compartment. Average used car wear, tear, grime, and corrosion to undercarriage. Loose upper door panel plastic trim. Cond: 3. SOLD AT $9,250. This had all the trappings of a summer daily driver that had been stuffed in the back of the garage once winter hit. Lower than average mileage, but average wear, so a market-correct selling price. Mecum, Des Moines, IA, 7/08. #S209-1989 CHEVROLET CORVETTE coupe. S/N 1G1YY2182K5119890. Arctic White/bronze glass/red leather. Odo: 9,190 miles. 350-ci 245-hp fuel-injected V8, auto. Original paint with hand-applied red and black pinstripes exhibiting minor wear. Light trim preservation issues from storage. Driver's seat lightly wrinkled, rest of interior near-perfect. Engine bay never cleaned or detailed but some repairs evident to wiring harness suggest mice damage. Cond: 2. NOT SOLD AT $12,000. Odo: 85,721 miles. 350-ci 250-hp fuel-injected V8, auto. Superb House of Colors paint said to have cost $11k in 2003. Claimed to have $1,700 in new injectors and a recent tune up. New rubbers and emblems, interior shows reasonable wear for the mileage indicated. Cond: 2+. NOT SOLD AT $8,500. This had obviously been loved, used, and apparently decently maintained, but the C4 lament continues. The final bid showed that nobody cared, and it's going to be a while until they do. Silver Auctions, Portland, OR, 9/08. Best Buy #S44-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J5L5800448. Red/red leather. Odo: 39,239 miles. 350-ci 375hp fuel-injected V8, 6-sp. Some scratches and chips in original paint, glass chips on windshield. Clean interior shows no bolster wear but does have one crack in plastic driver's seat adjuster. Engine appears car-wash clean. Cond: 2+. SOLD AT $18,900. A first-year ZR-1 that showed care of ownership. Having 39k miles is better than 1k if it is to be a driver for the new owner. A very good buy that sorely tempted me. Mecum Auctions, St. Charles, IL, 10/08. #F89-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J0L5802377. Medium red metallic/bronze glass/tan leather. protectors, DIN-mount stereo, speakers cut into both doors and cargo bulkhead, GPS protrudes out of dash. Nothing too special under the hood, as it's basically a mildly cleaned-up used car. Cond: 3-. NOT SOLD AT $6,600. Although a bit on the low side, we are talking about $400 tops, so this could have found a new owner if the seller really had to move it out. Mecum, Des Moines, IA, 7/08. #S5-1989 CHEVROLET CORVETTE convertible. Red/black cloth/black leather. Run initially in the all-original hour as lot F91, this preservation-grade example just didn't take off with any of the bidders at this sale on either day. While in nearly as-new condition, the powertrain and light cosmetic issues held its value down. As such, the high bid was not far off the mark. Carlisle Auctions, Carlisle, PA, 10/08. #56-1990 CHEVROLET CORVETTE convertible. S/N 1G1YY3387L5109327. Brandy Wineberry/black canvas/gray leather. 72 Corvette Market FALL 2008 www.vettemarket.com


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Odo: 6,614 miles. 350-ci 375-hp fuel-injected V8, 6-sp. Completely out-of-the-wrapper down to new-looking Goodyear Eagles. Unusual and rare color combo. Later AC Delco battery, oil filter, and missing owner's kit are all that detracts from this two-top autobahn burner that isn't bright red, yellow, or black. Cond: 2+. NOT SOLD AT $21,000. From the company that brought you the instant collectible Cadillac Eldorado convertible came another car that people paid egregious premiums for and immediately put away. Last seen at Corvettes at Carlisle in August '08, where it was reported sold at $28,000 complete with Owner's Package (CM# 118014). This ZR-1 saw some use, but not much. The bid was light and the seller was trying to make a deal below $30,000 with numerous suitors; a deal I would have taken myself if I didn't already own a low-mile ZR-1. Carlisle Auctions, Carlisle, PA, 10/08. #9B-1993 CHEVROLET CORVETTE Anniversary Edition coupe. S/N 1G1YY23P5P5106515. Ruby Red/maroon leather. Odo: 32,050 miles. 350-ci 300-hp fuelinjected V8, 6-sp. Currently titled in the state of New Jersey. In addition to the two-score anniversary package, fitted with Delco Bose AM/FM/CD stereo, electronic climate control, and tinted roof panel. 40th Excellent original paint without nicks or polishing swirls, light wheel rash on most of the rims, original tires almost down to wear bars. Like-new interior, with minimal carpet and seating surface wear. Aftermarket car cover included. Cond: 3. SOLD AT $19,000. All in all, one could say this car was quite a plumb (pun intended). While in nice shape with low miles, the selling price was still quite generous for the car. VanDerBrink Auctions, Hensel, ND, 9/08. #F92-1994 CHEVROLET CORVETTE convertible. S/N 1G1YY33P7P5106134. White/white vinyl & hard top/black leather. Odo: 55,869 miles. 350-ci 300-hp fuel-injected V8, auto. Paint rubbed off right side front bumper, some deep stone chips on windshield, light driver seat bolster wear. Engine clean but clearly driven. Hard top included. Cond: 2. NOT SOLD AT $16,000. A moderately used 'Vette in nice condition. The only down side is only. Lighter than what would be expected interior wear, with moderate wrinkling on seat bottoms and sides and heavier wear on driver's side carpeting—and even that is minimal. Cond: 3+. SOLD AT $16,000. The nice thing about buying a C4 in North Dakota is that you get a car that has only been used for about half of the year, since you'd have to have a death wish to drive one on a snowy day, even with winter tires. A retail-plus sale price, but a surprisingly nice stock jewel among a lot of somewhat disappointing cars. VanDerBrink Auctions, Hensel, ND, 9/08. #S39.1-1996 CHEVROLET CORVETTE coupe. S/N 1G1YY22P8S5114084. Bright Aqua Metallic/gray lether. Odo: 60,926 miles. 350-ci 300-hp fuel-injected V8, auto. Very the auto transmission. A market-correct bid. Mecum Auctions, St. Charles, IL, 10/08. #3B-1995 CHEVROLET CORVETTE coupe. S/N 1G1YY22P4S5104149. Black/tan leather. Odo: 76,566 miles. 350-ci 300-hp fuel-injected V8, 6-sp. Fitted with leather sport seats, dual zone climate control, Delco Bose stereo, and chrome alloy wheels. Front tires past wear bars on the outside inch of tread on each side. Excellent original paint with some minor wear on front fascia. Recently cleaned up engine bay, with soap and water detailing good original paint with only a few nicks on rubber nose. No out-of-the-ordinary rippling of any body components. OE-style tires nearing the end of their service life, minimal engine clean-up. Very light interior wear congruent with odometer reading. Less wear than expected on original dual power leather seats, aftermarket door sill carpet protectors. Cond: 3. NOT SOLD AT $10,000. On all Corvettes, perhaps the best year to get for a driver is the final year of the product cycle. This is especially true of Bowling Green-built cars. Since the car was lightly used and mostly original, one can't blame the consignor for holding out for more... even if it isn't all that much more. Mecum, Des Moines, IA, 7/08. C6 TOP 10 #5 #S99.1-2009 CHEVROLET CORVETTE ZR1 coupe. S/N 1G1YRZ6R195800048. Red/black leather. Odo: 7 miles. 6.2- liter 638-hp supercharged V8, 6-sp. The 48th ZR1 built, still new in wrapper. Excellent paint, trim, and interior. Factory tag says 20 mpg. The “Blue Devil” has arrived. Cond: 1. SOLD AT $137,500. On top of the $102,450 base price, the 3ZR premium equipment group adds $10,000, chrome wheels add $2,000, the gas guzzler tax tacks on $1,700, and the destination fee totals $850... bringing the total sticker to $117,000. This car went to $133k and it was stalled by the reserve until the bidder jumped his own bid to buy it at this price. While this might seem expensive, limited supply and high demand will likely keep prices high in the near future. Mecum Auctions, St. Charles, IL, 10/08. ■ www.vettemarket.com FALL 2008 Corvette Market 73


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Trick Stuff What you need for your Corvette and where to get it. By John Gunnell Gets you through ups and downs Mid America Motorworks has new replacement C4 Corvette win- dow regulators, built to factory specs and backed with a lifetime warranty. They include a heavy-duty motor with an anti-rattle cushion installed, a heavy-duty preset spring, installation hardware, and complete installation instructions. The regulators are direct replacements for any 1987–96 Corvette. They can also be put in any 1984–86 Corvette to end ribbon-style regulator problems and give owners a cool upgrade. The Model 604-604 right-hand Power Window Regulator with motor is $279.99. The price for the left-hand unit is the same. Better yet, you can save $60 by purchasing a pair for $249.99 each. Mid America Motorworks, 800.500.1500, www.mamotorworks.com. Dot's a good idea Invisible to the naked eye, Big red cover for big red car Coverking's goal is to sell a custom car cover that fits your 'Vette perfectly, with the fewest seams possible. By engineering its own fabrics and offering a wide selection of materials, the company offers a product line customized to the buyer's choice. Coverking advertises that even a monsoon-style rainstorm couldn't get through to a car with a Coverking Custom Car Cover, even if it were parked on an island in the Indian Ocean. Around town, you'll find the fit, strength, materials, and options (like GM logos) offered by Coverking among the best in the world. This Stretch Satin Red cover we saw at SEMA, cut for a 2006 Corvette Z06, retails for $310.99. Other models for the same 'Vette range from Triguard Gray ($127.99) to Autobody Armor Gray ($420.99). Get in touch with Coverking, at 800.COVERKING, www.coverking.com. DataDots are like electronic DNA. Each tiny disc (the size of a grain of sand) has a serial number and owner info etched onto it and can only be seen under black light. You can attach DataDots to your Corvette using a clear, water-soluble adhesive. DataDots have been used to track down lost and stolen cars. Because so many dots are sprayed on, it's impossible for thieves to scrape away all the identifying markers. They're so flexible, they've also been used on a variety of vehicles and various personal items. Contact this Australian-based company at info@datadotdna.com, www .datadotdna.com Signs, signs... everywhere there's signs A walk through the swap meet at Bloomington Gold brought back the words of an old song. Everyone in the Corvette hobby seems to be into decorating their garages with cardboard signs, wooden signs, and tin signs. The signs offered by Cornhusker Signs are built like the old-fashioned neon signs of yesteryear, featuring steel construction with a powder-coated finish. The American-made transformers come with a three-year warranty. Signs with part numbers starting with 48 are 48 inches long by 24 inches high by 8 inches deep. Part numbers beginning in 34 are 34 inches long by 24 inches high by 8 inches deep. Most standard neon signs sell for $550. Custom designs are available and cost a bit more. Contact Cornhusker Signs, 402.332.5050, www.cornhuskersign.com. 74 Corvette Market FALL 2008 www.vettemarket.com


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If they build it, the album will come How about buying a brand new Corvette and completely documenting its construction with a “build book”? Think what this kind of documentation would add to the value of a '57 fuelie or a '63 Split-Window. The National Corvette Museum can help you purchase the 20-page photo album show- ing your car's actual assembly. Each album features high-quality photo paper in a padded leather format with stitching and detail and includes 20-plus pages of text and photos that capture your car's build process, a letter of authenticity, letters from the Corvette assembly plant manager and National Corvette Museum's executive director, and a back-page autograph area. Four options are available: (1) Photo album for $400; (2) Photo album package with paid “Buyers' Tour” for $350; (3) Photo album package with paid “R8C Museum Delivery” option for $350 or (4) Complete package with album, paid buyer's tour and paid R8C Museum Delivery option for $300. For information contact the National Corvette Museum, 800.53VETTE, www.corvettemuseum.org. Up your intake Owners of mid-year big-block Corvettes can now get exact reproductions of two '67 Corvette intake manifolds that previously seemed to be made of “unobtainium.” Coffman Corvette, LLC, is responsible for both beautifully cast manifolds, which are slightly different in design. While telling the difference between the two manifolds is like playing what'smissing-in-this-second-cartoon, the experts who know the cars will know that Coffman Corvette nailed the 400-hp and 435-hp design variations perfectly. Both manifolds carry a price of $3,190. Contact: Coffman Corvette, LLC, 419.522.2246, www.coffmancorvette.com. Thinking out of the box Think out of the box by dressing up the utside of your toolboxes with emblems from your favorite Corvette. CarArtWorks offers brushed metal Corvette emblems for the C1 to C6 models, designed to customize and personalize your tool chest. The different style emblems range in size from 15 inches o 18 inches long. They are hand-finished nd coated with clear lacquer to preserve ir luster. You can view CarArtWork's line of vette emblems at www.carartwork.biz or call 54.3029. www.vettemarket.com FALL 2008 Corvette Market 75


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By the Numbers 200 Top Corvette Sales of Summer '08* From July to October, nearly 380 Corvettes crossed the block. Here are 200 that topped the sales charts 1962 Corvette 327/360 Gulf Oil Race Car—$1.4m Generation C1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Rank by Overall Rank Model 1 1962 Corvette 327/360 Gulf Oil Race Car 3 1958 Corvette LS2 Custom Convertible 6 1959 Corvette LS7 Custom Coupe 8 1957 Corvette 283/283 FI Convertible 10 1959 Corvette 283/290 FI Ctoonvertible 13 1962 Corvette 427/535 Custom Convertible 14 1958 Corvette LS2 Custom Convertible 15 1958 Corvette 283/290 FI Convertible 16 1958 Corvette 350/400 Custom Convertible 17 1957 Corvette 283/283 FI Convertible 19 1955 Corvette Roadster 21 1957 Corvette 283/283 FI Convertible 29 1956 Corvette 265/225 Convertible 30 1954 Corvette Roadster 33 1961 Corvette 283/230 Convertible 34 1962 Corvette 350/300 Custom Convertible 35 1954 Corvette Roadster 36 1962 Corvette 327/360 FI Convertible 37 1957 Corvette Convertible 38 1960 Corvette 283/230 Convertible 40 1958 Corvette 283/245 Convertible 41 1958 Corvette 283 Convertible 42 1957 Corvette 283/270 Convertible 46 1957 Corvette 283/270 Convertible 50 1962 Corvette 327/360 FI Convertible 51 1962 Corvette Convertible 52 1962 Corvette 327/360 FI Convertible 54 1954 Corvette Roadster 56 1954 Corvette 354/400 Custom Roadster 76 Corvette Market FALL 2008 www.vettemarket.com Sold Price Location $1,485,000 Gooding, Pebble Beach, CA $187,000 Barrett-Jackson, Las Vegas, NV $156,600 Silver, Reno, NV $145,750 Gooding, Pebble Beach, CA $138,000 Silver, Reno, NV $132,000 Barrett-Jackson, Las Vegas, NV $126,500 Barrett-Jackson, Las Vegas, NV $121,000 Worldwide, Auburn, IN $118,800 Silver, Reno, NV $115,500 Mecum, St. Charles, IL $112,200 Barrett-Jackson, Las Vegas, NV $110,000 Barrett-Jackson, Las Vegas, NV $92,400 Barrett-Jackson, Las Vegas, NV $91,300 Barrett-Jackson, Las Vegas, NV $88,000 Barrett-Jackson, Las Vegas, NV $88,000 Barrett-Jackson, Las Vegas, NV $87,750 Bonhams & Butterfields, Brookline, MA $84,700 Barrett-Jackson, Las Vegas, NV $84,240 Kruse, Hershey, PA $82,500 RM, Monterey, CA $81,000 Cox, Branson, MO $79,920 Silver, Reno, NV $79,200 Barrett-Jackson, Las Vegas, NV $73,500 Mecum, St. Charles, IL $70,400 Barrett-Jackson, Las Vegas, NV $69,660 Silver, Reno, NV $69,300 RM, Rochester, MI $68,250 Carlisle, Carlisle, PA $68,200 RM, Rochester, MI Date 8/17/08 10/18/08 8/10/08 8/17/08 8/10/08 10/18/08 10/18/08 8/30/08 8/10/08 10/5/08 10/18/08 10/18/08 10/18/08 10/18/08 10/18/08 10/18/08 10/4/08 10/18/08 10/11/08 8/16/08 9/13/08 8/10/08 10/18/08 10/5/08 10/18/08 8/10/08 8/2/08 8/23/08 8/2/08 Lot # 121 788 602 109 205 778.1 524.1 54 518 818 818 794.1 786 830 505 512 531 774.1 261 410 547 706 490 S94 482.1 680 261 F50 282 *As recorded in the Corvette Market Digital Plus database. Auction sales only. Photo by Hugh Hamilton © 2008, Courtesy of Gooding & Company


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Generation 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 C2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 2 1967 Corvette L88 Competition Convertible 4 1966 Corvette 427/390 Convertible 5 1967 Corvette 427/435 Convertible 9 1967 Corvette 427/435 Roadster 11 1967 Corvette 427/435 Convertible 18 1967 Corvette 427/400 Convertible 20 1967 Corvette 427/400 Convertible 22 1966 Corvette 427/425 Coupe 23 1963 Corvette 327/360 FI Coupe 24 1965 Corvette 396/425 Convertible 25 1967 Corvette 427 Race Car 26 1967 Corvette 427/435 Convertible 31 1966 Corvette 500/560 Lingenfelter Convertible 32 1965 Corvette 396/425 Convertible 39 1965 Corvette 327/375 FI Coupe 45 1966 Corvette 427/425 Coupe 48 1967 Corvette L88 Convertible Replica 53 1964 Corvette Coupe 55 1967 Corvette 327/300 Convertible 58 1965 Corvette 327/365 Convertible 57 1966 Corvette 327/350 Coupe 59 1964 Corvette 327/375 Coupe 63 1966 Corvette 327/350 Coupe 67 1967 Corvette 327/350 Convertible 71 1966 Corvette 427 Convertible 72 1966 Corvette 327/350 Convertible 75 1966 Corvette Coupe 78 1966 Corvette 427/400 Custom Convertible 76 1967 Corvette 327/350 Convertible 80 1966 Corvette 327/350 Coupe 82 1963 Corvette 327/300 Coupe 83 1964 Corvette 327/340 Custom Convertible 84 1966 Corvette 427/390 Convertible 85 1963 Corvette 327/340 Convertible 88 1965 Corvette 327/350 Convertible 92 1966 Corvette Convertible 94 1967 Corvette Coupe $744,000 Bonhams & Butterfields, Carmel Valley, CA 8/15/08 $170,500 Barrett-Jackson, Las Vegas, NV $165,000 Barrett-Jackson, Las Vegas, NV $138,600 Russo and Steele, Monterey, CA $138,000 RM, Monterey, CA $112,350 Mecum, St. Charles, IL $110,250 Mecum, St. Charles, IL $110,000 Barrett-Jackson, Las Vegas, NV $110,000 Gooding, Pebble Beach, CA $101,750 RM, Monterey, CA $99,000 Russo and Steele, Monterey, CA $94,500 Mecum, St. Charles, IL $90,509 Coys, Nürburgring, DEU $90,300 Mecum, St. Charles, IL $82,500 Barrett-Jackson, Las Vegas, NV $75,350 Russo and Steele, Monterey, CA $71,500 RM, Rochester, MI $69,120 Silver, Reno, NV $68,250 Mecum, St. Charles, IL $68,200 Barrett-Jackson, Las Vegas, NV $68,200 Barrett-Jackson, Las Vegas, NV $68,040 Silver, Reno, NV $62,700 Barrett-Jackson, Las Vegas, NV $60,500 Barrett-Jackson, Las Vegas, NV $57,500 Russo and Steele, Monterey, CA $57,200 Barrett-Jackson, Las Vegas, NV $55,080 Silver, Reno, NV $55,000 Barrett-Jackson, Las Vegas, NV $55,000 Barrett-Jackson, Las Vegas, NV $55,000 RM, Rochester, MI $54,000 Silver, Reno, NV $53,900 Barrett-Jackson, Las Vegas, NV $53,550 Mecum, St. Charles, IL $52,920 Silver, Reno, NV $52,500 Mecum, St. Charles, IL $50,000 Silver, Sun Valley, ID $49,875 Carlisle, Carlisle, PA 355 10/18/08 10/18/08 8/16/08 8/16/08 10/5/08 10/5/08 10/18/08 8/17/08 8/16/08 8/16/08 10/5/08 8/9/08 10/5/08 10/18/08 8/16/08 8/2/08 8/10/08 10/5/08 10/18/08 10/18/08 8/10/08 10/18/08 10/18/08 8/16/08 10/18/08 8/10/08 10/18/08 10/18/08 8/2/08 8/10/08 10/18/08 10/5/08 8/10/08 10/5/08 8/31/08 8/23/08 795.1 807.1 S627 237 S167 S144 786.1 47 253 S639 F193 138 S174 485 F464 258 515 F225 478 472 496 181 822 F474 526.1 718 511.1 187 295 736 471 S165 364 F238 75 F33 www.vettemarket.com FALL 2008 Corvette Market 77 Rank by Overall Rank Model 61 1960 Corvette 283/230 Convertible 62 1958 Corvette 283/245 Custom Convertible 64 1957 Corvette 283 Convertible 65 1960 Corvette Convertible 66 1959 Corvette Convertible 69 1960 Corvette 283/230 Convertible 73 1962 Corvette 327/300 Convertible 79 1954 Corvette Roadster 77 1958 Corvette 350 Convertible 81 1959 Corvette Convertible 86 1962 Corvette Convertible 89 1954 Corvette 350 Custom Roadster 90 1954 Corvette Roadster 91 1961 Corvette Convertible 93 1958 Corvette 283/290 Convertible 96 1959 Corvette 283 Convertible 101 1958 Corvette 350 Convertible 106 1957 Corvette 283 Convertible 108 1954 Corvette Roadster 111 1961 Corvette 327/270 Convertible 112 1961 Corvette 350/350 Convertible 113 1958 Corvette Convertible Sold Price Location $66,000 Barrett-Jackson, Las Vegas, NV $63,800 Barrett-Jackson, Las Vegas, NV $62,640 Silver, Reno, NV $62,640 Silver, Reno, NV $61,560 Kruse, Hershey, PA $59,400 Silver, Reno, NV $57,200 Russo and Steele, Monterey, CA $55,000 Barrett-Jackson, Las Vegas, NV $55,000 Barrett-Jackson, Las Vegas, NV $54,540 Silver, Sun Valley, ID $52,920 Kruse, Hershey, PA $51,700 Barrett-Jackson, Las Vegas, NV $51,450 Mecum, St. Charles, IL $50,760 Silver, Reno, NV $49,875 Carlisle, Carlisle, PA $48,404 Bonhams, Sussex, UK $46,200 Mecum, St. Charles, IL $44,820 Silver, Portland, OR $44,280 Silver, Reno, NV $42,900 RM, Rochester, MI $42,525 Mecum, St. Charles, IL $41,475 Mecum, St. Charles, IL Date 10/18/08 10/18/08 8/10/08 8/10/08 10/11/08 8/10/08 8/16/08 10/18/08 10/18/08 8/31/08 10/11/08 10/18/08 10/5/08 8/10/08 8/23/08 9/19/08 10/5/08 9/27/08 8/10/08 8/2/08 10/5/08 10/5/08 Lot # 464.1 468 492 423 409 747 F422 785 518.1 213 450 203 S10 396 F81 345 S234 18 511 218 F216 U26.1


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By the Numbers Generation 38 39 40 41 42 43 44 45 46 47 48 C3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 43 1969 Corvette 427/435 L71 Coupe 47 1968 Corvette 427/435 Convertible 60 1972 Corvette LT1 Coupe 97 1969 Corvette L88 Coupe Replica 100 1969 Corvette 350/350 Convertible 102 1968 Corvette Convertible 115 1969 Corvette “Stone Woods & Cooke” Gasser 117 1972 Corvette Convertible 121 1969 Corvette 350/300 Convertible 122 1972 Corvette 454/270 Custom Coupe 124 1968 Corvette 327/350 Convertible 125 1968 Corvette 327/350 Convertible 128 1973 Corvette 454/275 Convertible 131 1969 Corvette Convertible 132 1972 Corvette Convertible 134 1970 Corvette 350/350 Convertible 136 1973 Corvette 454/275 Coupe 137 1968 Corvette 350/300 Convertible 138 1968 Corvette Convertible 140 1969 Corvette Coupe 141 1978 Corvette Convertible 144 1971 Corvette 350/270 Convertible 146 1972 Corvette Coupe 148 1978 Corvette Coupe 149 1981 Corvette Coupe 150 1970 Corvette 350 Convertible 151 1978 Corvette Pace Car Coupe 152 1968 Corvette 350/300 Coupe 154 1972 Corvette LT-1 Coupe 155 1978 Corvette Custom Coupe 156 1978 Corvette 157 1968 Corvette 327/300 Coupe 160 1971 Corvette 350/270 Coupe 158 1975 Corvette Convertible 161 1974 Corvette 350 Convertible 162 1970 Corvette 350/300 163 1974 Corvette Convertible 164 1973 Corvette 350 Coupe 165 1979 Corvette Coupe 166 1982 Corvette Coupe 167 1972 Corvette 350 168 1975 Corvette Convertible 169 1970 Corvette 350 Coupe 170 1981 Corvette Coupe 172 1973 Corvette 173 1975 Corvette Coupe 171 1978 Corvette 175 1979 Corvette Coupe 176 1969 Corvette 502 Custom Coupe 78 Corvette Market FALL 2008 www.vettemarket.com $77,000 Worldwide, Auburn, IN $72,600 Barrett-Jackson, Las Vegas, NV $67,100 Barrett-Jackson, Las Vegas, NV $48,400 Barrett-Jackson, Las Vegas, NV $46,750 Barrett-Jackson, Las Vegas, NV $45,900 Silver, Reno, NV $38,325 Mecum, St. Charles, IL $37,800 Silver, Reno, NV $36,300 Barrett-Jackson, Las Vegas, NV $36,300 Barrett-Jackson, Las Vegas, NV $34,100 Barrett-Jackson, Las Vegas, NV $34,020 Silver, Reno, NV $32,450 Barrett-Jackson, Las Vegas, NV $31,320 Silver, Reno, NV $31,320 Silver, Reno, NV $29,925 Carlisle, Carlisle, PA $29,700 Barrett-Jackson, Las Vegas, NV $29,700 Silver, Reno, NV $29,400 Mecum, Des Moines, IA $28,350 Silver, Reno, NV $28,080 Silver, Sun Valley, ID $27,000 Silver, Reno, NV $25,380 Silver, Reno, NV $24,840 Cox, Branson, MO $24,300 Silver, Reno, NV $20,520 Silver, Reno, NV $19,950 Carlisle, Carlisle, PA $19,250 Barrett-Jackson, Las Vegas, NV $18,375 Carlisle, Carlisle, PA $17,820 Cox, Branson, MO $17,530 Brightwells, Herefordshire, UK $16,800 Carlisle, Carlisle, PA $16,800 Mecum, St. Charles, IL $16,800 Carlisle, Carlisle, PA $16,200 Cox, Branson, MO $16,013 Carlisle, Carlisle, PA $15,225 Mecum, Des Moines, IA $14,963 Mecum, St. Charles, IL $14,580 Kruse, Hershey, PA $14,438 Carlisle, Carlisle, PA $13,650 Carlisle, Carlisle, PA $13,388 Mecum, St. Charles, IL $13,125 Mecum, St. Charles, IL $12,338 Mecum, St. Charles, IL $12,075 Mecum, St. Charles, IL $12,075 Mecum, St. Charles, IL $12,075 Carlisle, Carlisle, PA $11,880 Cox, Branson, MO $11,660 MidAmerica, St. Paul, MN 8/30/08 10/18/08 10/18/08 10/18/08 10/18/08 8/10/08 10/5/08 8/10/08 10/18/08 10/18/08 10/18/08 8/10/08 10/18/08 8/10/08 8/10/08 8/23/08 10/18/08 8/10/08 7/26/08 8/10/08 8/31/08 8/10/08 8/10/08 9/13/08 8/10/08 8/10/08 8/23/08 10/18/08 8/23/08 9/13/08 7/2/08 8/23/08 10/5/08 8/23/08 9/13/08 8/23/08 7/26/08 10/5/08 10/11/08 8/23/08 8/23/08 10/5/08 10/5/08 10/5/08 10/5/08 10/5/08 8/23/08 9/13/08 9/20/08 21 503 519.1 528.1 449 372 S129 398 158 164.1 168.1 446 428 390 383 F62 421 200 S92 730 223 425 370 289 934 158 F91 139 F23 621 20 F57 U52 631 S34 F126 740 F43 F19 F32 F12 F53 S245 F65 F75 587 Rank by Overall Rank Model 95 1965 Corvette 327/300 Convertible 98 1963 Corvette 327/340 Coupe 99 1964 Corvette 327/365 Convertible 103 1965 Corvette Convertible 105 1964 Corvette 327/300 Coupe 107 1964 Corvette Convertible 109 1964 Corvette 327/300 Coupe 123 1967 Corvette 427 Coupe 126 1963 Corvette 127 1964 Corvette 327/300 Coupe 129 1966 Corvette Grand Sport Coupe Replica Sold Price Location $49,500 RM, Monterey, CA $48,300 Carlisle, Carlisle, PA $48,300 Mecum, St. Charles, IL $45,360 Cox, Branson, MO $44,820 Cox, Branson, MO $44,280 Silver, Reno, NV $44,100 Mecum, St. Charles, IL $35,000 Mecum, St. Charles, IL $33,600 Mecum, Des Moines, IA $33,600 Carlisle, Carlisle, PA $31,500 Carlisle, Carlisle, PA Date 8/16/08 8/23/08 10/5/08 9/13/08 9/13/08 8/10/08 10/5/08 10/5/08 7/26/08 8/23/08 8/23/08 Lot # 221 F30 S183 258 546 867 F147 F87 S96 F78 F9


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Generation 50 51 52 53 54 55 56 57 58 59 60 61 C4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 C5 1 2 3 4 5 6 7 8 9 10 11 C6 1 2 3 4 5 6 7 8 7 2009 Corvette ZR1 Coupe 12 2009 Corvette ZR1 Coupe 44 2005 Corvette Indy Pace Convertible 68 2008 Corvette Z06 Coupe 70 2007 Corvette Z06 Coupe 74 2005 Corvette Daytona Pace Coupe 110 2005 Corvette Daytona Pace Coupe 114 2006 Corvette Convertible $151,250 RM, Monterey, CA $137,500 Mecum, St. Charles, IL $77,000 Barrett-Jackson, Las Vegas, NV $59,850 Mecum, St. Charles, IL $57,750 Carlisle, Carlisle, PA $56,100 Barrett-Jackson, Las Vegas, NV $44,000 Barrett-Jackson, Las Vegas, NV $39,375 Carlisle, Carlisle, PA 8/16/08 10/5/08 10/18/08 10/5/08 8/23/08 10/18/08 10/18/08 8/23/08 262 S99.1 833.2 S226 F76 832.2 514 F99 www.vettemarket.com FALL 2008 Corvette Market 79 28 1999 Corvette CRC 1962 Tribute Convertible 27 2003 Corvette Avelate 1953 Tribute Convertible 49 1999 Corvette 1953 Commemorative Convertible 87 2000 Corvette Avelate Custom Convertible 118 2003 Corvette Convertible 119 1999 Corvette Le Mans Pace Coupe 120 2000 Corvette Coupe 133 2004 Corvette Convertible 135 2003 Corvette Convertible 142 1999 Corvette Le Mans Pace Coupe 159 1999 Corvette Convertible $93,500 Barrett-Jackson, Las Vegas, NV $93,500 Barrett-Jackson, Las Vegas, NV $70,400 Barrett-Jackson, Las Vegas, NV $52,800 Barrett-Jackson, Las Vegas, NV $37,800 Carlisle, Carlisle, PA $37,400 Barrett-Jackson, Las Vegas, NV $37,260 Cox, Branson, MO $30,240 Silver, Sun Valley, ID $29,925 Carlisle, Carlisle, PA $27,500 Barrett-Jackson, Las Vegas, NV $16,800 Carlisle, Carlisle, PA 10/18/08 10/18/08 10/18/08 10/18/08 8/23/08 10/18/08 9/13/08 8/31/08 8/23/08 10/18/08 8/23/08 533.1 518 479 520 F74 833 614 100 F89 514.1 F66 104 1995 Corvette Indy Pace Convertible 116 1993 Corvette Convertible 130 1994 Corvette ZR-1 Coupe 139 1993 Corvette Convertible 143 1990 Corvette ZR-1 Coupe 145 1989 Corvette Callaway Twin-Turbo Coupe 147 1984 Corvette Coupe 153 1990 Corvette ZR-1 Coupe 174 1992 Corvette Coupe 178 1994 Corvette Convertible 183 1995 Corvette Coupe 185 1994 Corvette 2-Door Coupe 187 1995 Corvette Coupe 186 1996 Corvette 188 1992 Corvette Coupe 189 1990 Corvette Convertible 190 1989 Corvette Convertible 191 1992 Corvette Coupe 192 1984 Corvette Coupe 194 1988 Corvette Coupe 196 1991 Corvette Coupe 200 1988 Corvette Convertible 201 1988 Corvette Convertible 202 1986 Corvette 203 1984 Corvette Coupe 204 1986 Corvette Coupe $45,100 Barrett-Jackson, Las Vegas, NV $37,950 Barrett-Jackson, Las Vegas, NV $31,500 Carlisle, Carlisle, PA $29,400 Mecum, St. Charles, IL $27,500 Barrett-Jackson, Las Vegas, NV $26,950 Barrett-Jackson, Las Vegas, NV $25,380 Silver, Reno, NV $18,900 Mecum, St. Charles, IL $11,880 Silver, Reno, NV $11,340 Silver, Reno, NV $10,800 Silver, Reno, NV $10,400 Mecum, St. Charles, IL $9,720 Cox, Branson, MO $9,720 Silver, Reno, NV $9,700 Mecum, St. Charles, IL $9,400 Mecum, St. Charles, IL $9,250 Mecum, Des Moines, IA $9,188 Carlisle, Carlisle, PA $9,180 Silver, Portland, OR $9,000 Mecum, St. Charles, IL $8,500 Mecum, Des Moines, IA $7,000 Mecum, St. Charles, IL $7,000 Mecum, St. Charles, IL $6,615 Carlisle, Carlisle, PA $6,480 Silver, Sun Valley, ID $4,725 Carlisle, Carlisle, PA 10/18/08 10/18/08 8/23/08 10/5/08 10/18/08 10/18/08 8/10/08 10/5/08 8/10/08 8/10/08 8/10/08 10/5/08 9/13/08 8/10/08 10/5/08 10/5/08 7/26/08 8/23/08 9/27/08 10/5/08 7/26/08 10/5/08 10/5/08 8/23/08 8/31/08 8/23/08 514.2 721 F61 S119 420.1 146 1091 S44 1056 903 943 F33 278 1009 U89 F55 S5 F14 99 S222 S179 F30 U96 F87 31 F28 Rank by Overall Rank Model 177 1981 Corvette Coupe 179 1977 Corvette Custom Coupe 180 1982 Corvette Coupe 181 1979 Corvette Coupe 182 1979 Corvette Coupe 184 1973 Corvette Convertible 193 1978 Corvette Coupe 195 1980 Corvette Coupe 197 1979 Corvette Coupe 198 1978 Corvette Coupe 199 1977 Corvette Coupe 205 1981 Corvette Coupe Sold Price Location $11,550 Carlisle, Carlisle, PA $11,288 Mecum, St. Charles, IL $11,025 Carlisle, Carlisle, PA $10,865 MidAmerica, St. Paul, MN $10,800 Silver, Reno, NV $10,600 MidAmerica, St. Paul, MN $9,000 Mecum, Des Moines, IA $8,505 Carlisle, Carlisle, PA $8,250 Barrett-Jackson, Las Vegas, NV $8,100 Mecum, St. Charles, IL $7,738 MidAmerica, St. Paul, MN $4,095 Carlisle, Carlisle, PA Date 8/23/08 10/5/08 8/23/08 9/20/08 8/10/08 9/20/08 7/26/08 8/23/08 10/18/08 10/5/08 9/20/08 8/23/08 Lot # F88 S3 936 S47 F25 106 F74 F15


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Resource Directory Auction Companies GoFastAuction.com Go- FastAuction is an Internet oasis for classic, vintage and antique car aficionados from around the world. Our auto auction and classified listings are the definitive source for locating classic cars and related parts or accessories. www.gofastauction.com Kruse International. 800.968.4444, 5540 CR llA Auburn, IN 46706. Largest Collector Car Auction Company, holding over 35 auctions per year. Home of the 480-acre Auction Park in Auburn, IN, where the 37th Annual Labor Day Auction will be held with over 5,000 cars and 150,000 people. www.kruse.com. (IN) Mecum Collector Car Auctioneers. 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) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www.classic-carauction.com. (CA) 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 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. (TX) Automobilia Custom Diecast Inc Ever thought about having your car in diecast ? Have you tried to find a diecast version of your car at shows and hobby shops ? The #1 home for custom diecast replicas. www.customdiecastreplicas.com Vette Collectibles Licensed Corvette diecast, apparel and nov80 Corvette Market FALL 2008 www.vettemarket.com Put your company in the CM Resource Directory. Call 877.219.2605 x211, or email advert@vettemarket.com elties. We are a one-stop shop for collectors and Corvette enthusiasts alike. www.vettecollectibles.com Corvette Parts & Restoration Corvette Repair, Inc. 516.568.1959, The most recognized Corvette restoration shop in America. The leader in NCRS, Triple Crown and Bloomington Gold Achievements. www .corvetterepair.com Corvette Central 800.345.4122, Parts and accessories for everything from the Blue Flame Six to the new C6. www.corvettecentral.com County Corvette 610.696.7888, Sales, service, parts and restoration. When it must be right. www.countycorvette.com Mid America Motorworks 800.500.1500, America's leader in 1953-2008 Corvette parts and accessories. Request a free catalog at www.mamotorworks.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) Motor Auto Express, Inc.. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Exotic Car Transport. 800.766.8797. 20 years serving manufacturers, dealers, collectors, and owners of fine automobiles. www.exoticcartransport.com. (FL) FedEx Custom Critical Passport Auto Transport. 800.325.4267, fax 314.878.7295. Fully enclosed transport from the industry originator. Specializing in events, including Pebble Beach, the Colorado Grand, and BarrettJackson. Liftgates for safe loading and winches for inoperable vehicles. Inquire about ultra-expedited, three-day, coast-to-coast service. www.passporttransport.com. (MO) 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) Motor Sport Personal Acci- dent Coverage. 441.297.9439. Email,mcooke@evolution.bm. Limits up to $1,000,000 including accident medicaland helicopter evacuation. Comp Capital Ltd. can obtain coverage atcompetive rates including drivers over the age of 65. Either 12 monthpolicy covering a whole season and or for specific events. Pleasecontact Mark Cooke and or Kevin Way. Corvettes for Sale Cardiff Classics 760.632.5555, Located on Pacific Coast Highway 101 in beautiful Encinitas. www .cardiff-classics.com Cn' V Corvettes 1-800-875- 8390,We mechanically service and recondition our Corvettes like no other Corvette dealer does. From underside to the top we go to extremes to make you proud of the Corvette you purchase from Cn'V. www.cnv-corvettes.com Corvette Central Parts and Accessories for all corvettes. Corvette Central has been a leading manufacturer 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 Corvette Mike. 800.327.VETT, Whether you are looking for a vintage 1953 Corvette—or the latest Corvette model—Corvette Mike is your one-stop shop for anything Corvette. West Coast and New England showrooms. Leader of the Pack since 1982. www .corvettemike.com County Corvette. 610.696.7888, The most modern and best equipped Corvette-only facility in the nation. www.countycorvette.com Family Classics 949.496.3000, Our showroom houses some of the world's most prized classic cars, hot rods, muscle cars and modern exotics. If we don't have what you want, check back - or tell us what you want. We're equipped to find numbers matching 100-point restorations, low-mileage survivors or just beautiful, reliable drivers. www.familyclassiccars.com Park Place 425.562.1000, The West Coast's largest luxury, sports and special interest automobile dealership. “No one has what we have. Period.” www.parkplaceltd .com (WA) eBay MotorsWhatever it is…you can get it on eBay. www.motors.ebay.com ProTeam Classic Cor- vette Collection and Sales. 419.592.5086; fax 419.592.4242. The world's largest classic Corvette collection. 1410 N. Scott Street, Napoleon, Ohio, 43545. Toll Free 1-888-592-5086. Email: proteam@proteamcorvette.com. www.proteam-corvette.com Motororcar Porfolio located in the Marriott Hotel in downtown Canton Ohio, we offer you unique classic automobiles at excellent prices. All of our vehicles have been evaluated by master mechanics specializing in the field. Over fifty years of combined experience allows us to select only the finest vehicles. This assures appreciation in value, and protects your investment. www.motorcarportfolio.com 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 Garage & Tools Baldhead Cabinet Company. 877.966.2253, Offering a fine selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www.griotsgarage.com. (WA)


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Metal Line Cabinets Your va- cation photos get put in an album. Your china has its own closet. Seriously, even your toothpaste gets stored inside of a fine hardwood or metal and glass cabinet. So why does the really important stuff (like your tools, toys, etc.) have to reside on an open shelf or inside a homecenter white particle board box? It's time to show your stuff it matters. It's time for Metal Line Cabinets. www.metallinecabinets.com. Investment / Real Estate Sonoran Lifestyle Real Estate Every Sonoran home is a unique blend of architecture, location and individual passions. Let us help you – Market it. Find it. Build it. www.sonoranlifestyle.com Parts & Accessories Royal Purple. Royal Purple® manufactures a wide range of high performance, synthetic lubricants for every use from top fuel dragsters to the family car, motorcycles, trucks, RVs and boats. Its industry experts are consistently developing products that outperform leading mineral- and synthetic-based lubricants in performance and protection. www.royalpurple.com Museums MY Garage Museum 800.500.1500, Housed on the campus of Mid America Motorworks, in Effingham, IL the MY Garage Museum contains numerous oneof- a kind Corvettes such as the CERV 1 research vehicle and the 1964 Bill Mitchell World's Fair styling study car. www .mamotorworks.com/mygarage 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.corvettemuseum.com St. Louis Car Museum. 800.957.5707; 314.993.7104. Providing the most discerning enthusiasts with the world's finest automobiles for nearly a generation. We buy cars and offer competitive consignment services, as well as climate controlled storage. Call for details. www.stlouiscarmuseum .com. (MO). ■ Ad Index Allusions Photography..........65 American Collectors Insurance ...............................41 Baymont Inn & Suites............47 Bob Bondurant School of H.P.D......................83 Championship Auto Shows............................57 Classic Cars Southeast .........59 Collector Car Price Tracker..........................61 Corvette America.................13 Corvette Correction.............65 Corvette Repair Inc..............39 Corvette Specialties .............67 Corvettes Of Dallas...............55 County Corvette.....................2 Eastern Corvettes..................81 Flag Caddie ..........................81 GM............................................4 Griot's Garage, Inc...............45 Hagerty Insurance ...............37 Insider's Seminar....................53 Jim Meyer Racing Products Inc...........................67 Kruse International................43 Long Island Corvette Supply Inc. .............................65 Mid America Motorworks.....84 Midwest Corvettes & Classics...............................63 Mr. Car Art..............................57 National Corvette Museum .................................65 National Corvette Restorers Society...................59 Park Place LTD.......................35 Philadelphia Motorsports .....55 RM Auctions.............................3 Russo and Steele.....................9 Seatbelt Solutions..................59 Sign Past Inc. .........................57 Silver Auctions .......................17 Sports Car Market.................69 The Chevy Store....................49 Thomas C Sunday Inc...........65 Trailex Inc. ..............................59 Van Steel................................67 Zip Products...........................49 Advertise in Corvette Market Contact Ted Fano ted.fano@vettemarket.com 877.219.2605 x 211 KJ Glennon kj.glennon@vettemarket.com 877.219.2605 x 222 Cody Wilson cody.wilson@vettemarket.com 877.219.2605 x 213 www.vettemarket.com FALL 2008 Corvette Market 81


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Vette-o-bilia Online trash and trinkets—some valuable, some not. By Carl Bomstead. Bangs for the Buck on the 'Bay '55 Jim Beam decanter, '63 showroom poster, '57 pin, Yenko photos, a kiddie car, and a one-cent brochure—really I n the last issue I mentioned that a set of Harry Mann license frames sold for $201.01. For years the Harry Mann Chevrolet dealership was the largest Corvette dealer in the country, and the small showroom, located on Crenshaw Boulevard, along the Los Angeles auto row, always had a Corvette on display. The frames did not mention Corvette, but I still thought they were a decent buy and an interesting piece of Corvette memorabilia. Three months later, I noticed another set that was complete with the original wrapper. These, however, had Corvette at the bottom of the frame and, understandably, the price of poker went up. After ten bids they sold for $700, which was a bunch, but how often do you see them? Here are a few more pieces of Corvette stuff that were a little more reasonable: EBAY #160278307591— 1955 JIM BEAM DECANTER. Number of Bids: 28. SOLD AT: $130. Date Sold: 9/5/2008. This decanter was stated to be in as-new condition, with all seals and stickers intact. The box, however, was for the 1953 series, with a 1955 sticker over the date. Contents were intact, and we're almost positive no one sampled the nicely aged 50-plus-year-old Jim Beam within. condition and to have been presented to the seller by a Chevrolet dealer in 1964. The Sting Ray Split-Window coupe was photographed at the Los Angeles airport with the air traffic control tower in the background. I'd think if you had the car, this would be a must-have, but the activity was light with only three bids. EBAY #170256953221— 2005 CORVETTE C6 SALES BROCHURE. Number of Bids: 1. SOLD AT: $.01. Date Sold: 9/6/2008. Someone actually bought a 2005 Corvette sales brochure for only a penny? Yes, but the shipping cost him a couple of bucks. Even so, anything in this day and age for one cent is unheard of. The brochure was in good condition but shows the folly of running around auto shows collecting this stuff and expecting to turn a profit. races and a two-page collage of Corvette and Camaro racing photos. The catalog was in good condition and would be the perfect go-with for your performance-enhanced 1971 Corvette. of the leftover overpriced '54 Corvette brochures I have for sale? EBAY # 270273807746— HALLMARK KIDDIE CAR CLASSICS 1958 CUSTOM CORVETTE. Number of Bids: 12. SOLD AT: $97. Date Sold: 9/14/2008. This little caricature of a 1958 Corvette was offered in a limited edition of “only” 29,500 pieces. This one was new in-the-box and complete with all the packaging and paperwork. Cute sitting on the shelf with all your other Corvette models, but don't expect any upside with that many floating around. EBAY #270275470213—1967 EBAY #150290350033— EBAY #300254900946— EBAY #130254918379— ORIGINAL 1963 CORVETTE SHOWROOM POSTER. Number of Bids: 3. SOLD AT: $382.77. Date Sold: 9/20/2008. This framed poster measured 24″ x 21″. Stated to be in excellent 1971 YENKO STINGER PARTS CATALOG ETC. Number of Bids: 8. SOLD AT: $204.50. Date Sold: 9/7/2008. This 40-page catalog included all the high-performance parts that Yenko offered for Chevrolets, including Corvettes. There were five photos of Don Yenko at the CORVETTE OWNERS PIN. Number of Bids: 15. SOLD AT: $332. Date Sold: 9/9/2006. I have mentioned these pins in the past, but I've never seen one sell at this price. They were presented to owners of 1957 Corvettes and frequently appear on eBay. The going rate seems to be $200 or so, with the fakey-doos selling for as little as $10. I've no idea what the buyer was thinking here, as a couple show up each month for a lot less than he paid. Maybe he's interested in some N.O.S. CHEVROLET, CORVETTE, CAMARO PAINT CHIP DEALER DISPLAY. Number of Bids: 15. NOT SOLD AT: $810.01. Date Not Sold: 9/19/2008. This paint chip display board was in as-new condition and did not appear to have ever been hung. It showed the 15 solid colors and seven two-tone combinations available in 1967. One of these sold at the January Barrett-Jackson automobilia sale for a touch less than what was bid here, so I don't know where the seller will get a higher bid. He should have taken the money and not looked back. ■ 82 Corvette Market FALL 2008 www.vettemarket.com