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4 L88 Invasion at Bloomington Gold Keith Martin's 131 Corvettes Rated Corvette Market '63 Sting Ray The Insider's Guide to Collecting, Investing, Values, and Trends $66kBargain or Boondoggle? Two '69 L88s, One Sells, One Doesn't op Corvette Sales of the Spring ou Should Run Fr '59 Fuelie Race Car Makes Str wo '69 L88s, One Sells, One Doesn't 175 Top Corvette Sales of the Spring Why You Should Run From a $6k Callaway '59 Fuelie Race Car Makes Strong $275k Summer 2008 www.vettemarket.com


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Corvette Market Keith Martin's Volume 1 . Issue 4 . Summer 2008 20 Minor racer, major price 22 '63 Sting Ray—Modify at your own risk 28 Seven years, just 162 miles Profiles C1 1959 283/290 FI Racer—$275,000 20 by Thomas Glatch C2 1963 327/340 Convertible—$66,000 22 by Carl Bomstead C3 1969 L88 Coupe & Convertible— 24 by Thomas Glatch $310,000 & $435,750 “Rated at a measly 430 hp, the L88 pumped out an all-too-real 560 hp at redline, and it was as potent and race-ready as anything coming out of Detroit.” “Few Corvettes have survived without being changed in some way, and the market has shown repeatedly that nearly every change from stock diminishes value.” “This car, even with its limited racing history, shows that a documented Corvette race car is so rarely seen in the marketplace that it will command top dollar.” C4 1987 Callaway Twin Turbo Coupe—$5,724 26 by Michael Pierce C5 2001 Corvette Z06 Hardtop—$29,400 28 by Daniel Grunwald C6 Mini Profiles 30 by Geoff Archer “Our subject car seems to be the unfortunate result of a very hard life. Sure, the turbos were claimed to be rebuilt, but that doesn't explain the erratic idle.” “The loss amortized over a seven-year period equals $2,600 a year, and that is of course before insurance, storage, transportation to the auction, and seller's fees.” “Is it supposed to be a good thing that a kick-ass drag racer used to own this Corvette? Maybe I could interest you in Steve Fossett's compass?” On the Cover: 1963 Chevrolet Corvette convertible. Photo: RM Auctions 6 Corvette Market SUMMER 2008 www.vettemarket.com


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18 L88s invade Corvette Market Contributors Carl Bomstead Automobilia Specialist and Auction Analyst Carl Bomstead bought his first car Market Reports 34 Mecum, St. Charles, IL 131 Corvettes bring $8.7m at Bloomington Gold by Thomas Glatch and Dan Grunwald 48 Global Roundup 81 Corvettes total $5.1m by CM Market Analysts Features 18 L88 Invasion: The thundering herd together again Departments 8 Publisher's Note 10 You Write: The earliest roadsters 12 Industry Roundtable: Where to put $100k? 14 Events: Where to be with your Corvette 15 Auction Calendar 32 Market Overview 72 Vette-o-bilia: A hand in the cookie jar 74 Trick Stuff: A fish tank for sting rays and sharks 76 By The Numbers: Top Spring Sales 80 Resource Directory 82 In Miniature: '59 Sting Ray loses by a nose Daniel Grunwald Auction Analyst Daniel Grunwald's father was a Buick dealer in the mid 1950s, and the seeds of the old car disease were planted. At age 16, Grunwald bought his first car, a Morris Minor, blew it up, and traded it for a succession of GM products that he hot-rodded. In 1972, he traded in his 1967 SS 396 Chevelle for his first classic Corvette, a 1963 Split-Window coupe. His current collection consists of a '72 El Camino, '49 Chevrolet 3100 pickup, '67 Corvette 427/435 coupe, '66 Nova project car, 1939 BMW R12, and 1972 and 1999 Triumph motorcycles. Grunwald has been an auction analyst for SCM since 2001, and he recently spent a June weekend wandering the rows at Mecum's auction at Bloomington Gold. His report begins on p. 48, and his take on a 2001 Z06 is on p. 28. www.vettemarket.com SUMMER 2008 Corvette Market 7 when he was 14 and reckons 100 or more have passed thought his garage since then. These included classics, sports cars, hot rods, and a C1 and C2 Corvette. The 1954 was recently traded, a decision he immediately regretted. In addition to writing for Corvette Market and Sports Car Market magazines, Bomstead has judged at the Pebble Beach Concours d'Elegance for the past 13 years. He has also been Head Judge for two CCCA Annual Meetings and at other national concours d'elegance. He has an extensive collection of automobilia, and he currently owns five collector cars, which he drives regularly on events such as the Copperstate 1000 and CCCA CARavans. You'll find his regular “Vette-o-bilia” column on p. 72, and on p. 22 he profiles our cover car, a $66,000 C2 convertible. Thomas Glatch Contributing Editor Thomas Glatch has been contributing stories and photographs to automotive publications since 1983. He was seven when he saw his first '63 Split-Window, and that started it all. He began contributing to Corvette Fever magazine in 1989 and met his wife, Kelly, photographing a 1958 Corvette. Their work has appeared in Corvette Fever, Corvette Enthusiast, Vette, Corvette & Chevy Trader, Corvette Magazine, and Sports Car Market. Glatch still drags out his huge Sinar 4x5 view camera occasionally, but he now typically shoots digital. His photographs appeared in the Bloomington Gold 2005 and 2006 calendars, and The Corvette Bible, by KP Books. He recently attended the L88 Invasion at Bloomington Gold, and he shares the experience on p. 28. You'll also find his profiles of a 1959 fuel-injected racer and a pair of L88s on pages 20 and 24, respectively.


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Publisher's Note The Bright Line Buying a vintage Corvette without having an expert authenticate it is like looking for a gas leak with a match Corvette Market Keith Martin's Volume 1 . Issue 4 . Summer 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 Internet Director Adam Wentz Information Technology Bryan Wolfe Print Media Buyer Wendie Martin Director CM Television Roger Williams ADVERTISING SALES Advertising Executives John Scharff john.scharff@vettemarket.com 314.802.8139 KJ Glennon Corvette: collectible and commodity I 've just returned from my second Bloomington Gold. This year, thanks to an invitation from David Burroughs, I had the good fortune to be the emcee of the awards program for the Corvettes that went through the certification process. Receiving the coveted Benchmark status brought very large smiles to the faces of the owners. While at Bloomington, I reflected on the past twelve months. As we have examined Corvettes that have come up for sale, the two organizations whose names are ubiquitous are Bloomington Gold and the National Corvette Restorers Society (NCRS). Without question, they stand at the epicenter of the world of collectible Corvettes. Corvettes are unusual in that they are both collectibles and commodities at the same time. Each year, new Corvettes are churned out like there is no tomorrow, and during their first 20 years of life, most suffer the same value depreciation—and ravages of daily use—as your basic Chevy Impala. Your new best friends Part of being a daily driver means that Corvettes face the necessity of repairs and, in many cases, modifications and updgrades. Changes from stock really don't affect value very much when a car is five or ten years old. But when a Corvette gets to be 20, 30, or 40 years old, originality and correctness have ever-increasing importance. C1s, C2s, and C3s have all made the change from “just a car” to collectible. C4s are on the cusp, clearly no longer modern, but not old-fashioned enough to attract collectors. Yet. So if you're looking for (or thinking of restoring) a C1, C2, or C3, correctness and original- ity should be your watchwords. And Bloomington Gold and NCRS should be your new best friends. Buying a vintage Corvette without having these experts authenticate it is like looking for a gas leak with a match. The members of these two organizations have literally thousands of hours of experience under their belts, and their primary task is to help you make an informed buying or restoring decision. Take advantage of their expertise; we guarantee you won't regret it. Overall, the Corvette market is vibrant, and Details www.bloomingtongold.com www.ncrs.org 8 Corvette Market SUMMER 2008 www.vettemarket.com great cars, which meet the standards of the custodians of the marque at Bloomington and NCRS, continue to bring strong dollars. Your goal in Corvette collecting should be to get what you pay for—real cars for real money. These organizations are here to help you.■ 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 kj.glennon@vettemarket.com 877.219.2605 x 222 Cody Wilson cody.wilson@vettemarket.com 877.219.2605 x 213 SUBSCRIPTIONS 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 Fax 503.253.2234 General P.O. Box 4797 Portland, Oregon 97208 FedEx/DHL/UPS 401 NE 19th Street, Suite 100 Portland, Oregon 97232


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You Write Please send your letters to youwrite@vettemarket.com. All submissions subject to editing. A car that is being assembled at the same time as 1956 models are being produced can hardly be regarded as a “1956 prototype” when it has the previous year's body. The article itself states later that the car's frame is a 1955. The earliest 'Vettes I'm writing with regards to Thomas Glatch's C1 profile in the Spring 2008 issue (“Elfi Duntov's 1955 Roadster,” p. 34). His article preserves some old fables. This is a known car, to a degree. It appeared on the cover of the Corvette Restorer in Winter 1976. The RM catalog called this car a 1955, as did your profile, while the introductory catalog text states it has a “1956 Assembled” title. This presents some confusion. A car that is being assembled at the same time as 1956 models are being produced can hardly be regarded as a “1956 prototype” when it has the previous year's body. The article itself states later that the car's frame is a 1955. At least two similar cars exist from the same time frame. The most famous would be EX122, whose beginnings can be traced back to 1953 Corvette #002, not the Motorama show car, as many people believe. Its first owner was Russell Sanders, GM Chief Chassis Design Engineer. The car already had a new frame, body, engine, and driveline when he bought it, and in a 1980s interview, he indicated that the change from the 1953 VIN to EX 122 was to provide additional notice to future purchasers that this was not a production vehicle. The second, but earlier, example is EX87, purchased by its current owners in 1968 in Los Gatos, California. The car has an EX87 VIN, a California personalized plate reading “EX87,” a California pink slip bearing that VIN, and, in the pink slip block under “First Registered,” the entry is “00/00/56.” This car carries a 1954 frame that has been modified to accept a V8 (and at one time, was also fitted with a manual transmission) and apparently left GM's control with a March/April 210-hp V8. The short block expired some time ago but the “upper” engine components fit with this frame. What is not known is when the car left GM. It also appears to have a late 1955 body. Mr. Glatch calls the profile car well documented, but while ownership is known, nothing is known about how GM testing used the car or when the changes described by Zora Arkus-Duntov occurred. ZAD and Elfi had the car from 1956 to '62, but who knows when the fuel injection, 4-speed, etc. appeared. It cannot be assumed that all was in place when first signed over to ZAD. The article then states that EX87 was the Arizona Proving Grounds high-speed vehicle driven by ZAD. This was not the case. It was also not the high speed vehicle at Daytona. That car was a modified 1955 frame topped with the prototype 1956 body (no fender scoops) and engine number 6901, though it was initially equipped with many of the mechanical components from engine number 5951, the powerplant from the APG high speed vehicle.—Loren Lundberg, Glendale, AZ Thomas Glatch responds: Thanks for your letter, Mr. Lundberg. You are correct; the history of these early Corvettes can be sketchy and confusing. The first part of the story is from the RM auction catalog, and there were some inaccuracies, including calling the car a 1956 prototype. The following part, the auction analysis which I wrote, states quite clearly that this was not a 1956 prototype and not EX87. Duntov's letter to a previous owner also stated that this was not the Arizona Proving Grounds car. Nowhere did I allude that our profile car was EX122, either. It certainly is not. I did in fact state that the history of this car at General Motors is 10 Corvette Market SUMMER 2008 www.vettemarket.com RM Auctions


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mostly unknown. What cannot be denied is that this was Duntov's personal car. Duntov himself verified that, and that is what this story was about. Now for EX87. Thanks to the efforts of the previous owner, Steve Tate, EX87 is very well documented, very accurately restored, and even sports the original V8 that Smokey Yunick built for this car. EX87 was originally a 1954 Corvette, heavily modified, and is most certainly the Arizona Proving Grounds car. Around January 1956, the original '54 body was mounted on a '55 chassis, s/n VE55S001399, and the original chassis used to salvage a race car. With the special aerodynamic body panels removed, the car was loaned to Smokey Yunick for some personal speed attempts on Daytona Beach. It was then painted Harvest Gold and given to NASCAR to promote their short-lived sports car series. It spent the next few decades in North Carolina until purchased by Steve Tate in December 2002. The original GM Engineering log book was still with the car, and signs of the original modifications were evident. Drawn to the fold People are brought into the “Corvette fold” in a variety of ways. In the summer of 1962, I had just graduated from high school and found myself with plenty of free time. My older brother and his friend had just spent all their money on cars; my brother's was a bright yellow 1955 Thunderbird and his friend had a new 1961 270-hp Corvette. Car payments left neither of them with any money for downtown parking fees while they worked, so I drove them to work each morning and picked them up each evening. Thus, I had daytime access to two very cool cars. I was expected to replace any gas used. Gas was cheap back then by comparison, but the Corvette used in about an hour all I could afford each day. More of my time was spent washing them, cleaning them, or just sitting in them, watching the girls go by. Coming out of the army in 1968, I considered buying a new Corvette, but my brother convinced me to finish college first. During college, I wasn't quite ready to give up the Corvette goal for later. I was newly married and one day I spotted a 1958 FI Corvette and made the deal on it. Returning home to retrieve my trade-in, I told my new wife the wonderful deal I had made. She did not see it that way. After a few rounds of Yes I am!–No you're not! she said she would pack her bags if I bought the Corvette. I relented. I wonder what that '58 fuelie would be worth today. Eventually I got my Corvette. Others followed, and some years later I traded a '69 big-block convertible and an '87 convertible for a Split-Window fuelie, all with my wife's approval. But on the drive home in the '63, my wife teared up. She loved that '87. A promise to replace it with a 1996 Collector Edition convertible fixed things, and today we have three Corvettes. The moral of the story might be to study hard, work hard, work smart, listen to your wife once in a while, and with a little luck, you might just wind up with a few spine-tingling Corvettes in your garage.— Ewing Miller, Clinton, IA ■ www.vettemarket.com SUMMER 2008 Corvette Market 11


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Insider's View The current state of the Corvette market What's the best investment and most usable Corvette for $100,000? Todd Fitzerman President, Corvettes of Dallas, TX We respect the question, but typically, “usable” and “investment” do not appear in the same sentence when referring to a $100,000 Corvette. Collectible cars in this price range are usually fully restored or original “survivors.” Driving the car hurts the investment value and such cars are typically limited to being trailered to various shows. With the recent rise in value of mid-year and straight-axle cars, I'd recommend something like a '75 convertible or possibly an '81 or '82 Corvette. These cars are affordable daily drivers. With regular maintenance, they will most likely outpace higher value cars on a percentage basis. Nineteen seventy-five was the last year for a convertible in the C3 category, yet it is very usable in that it has power steering, power brakes, power windows, and air conditioning—a big plus in the South. It's much more usable than a $100,000 big-block '67 coupe with no a/c. I don't want to take away from the invest- ment quality and pride of ownership of any $100,000 Corvette. However, over the past couple years, I have noticed that later C3s are more difficult to find. This could be a determining factor in an increase of value. When coupled with fun and usability, you might have a winning combination. Edward Foss Collector of original Corvettes under 10,000 miles and special limited editions The best usable investment-grade Corvette would be a low-mileage, original 1969 427/390 convertible with correct paperwork and lots of options. These would include power steering, power brakes, power windows, and for usability, let's add an automatic transmission. Now that's a great driver as well as a great investment. Odds are that you are not going to be able to get into a 1969 427/435 low-mileage car for $100,000. But with the 427/390 car, you still get the legendary 427 engine that makes it so collectible, and the low-mileage, original car gives you an investment-grade Corvette. The C3 Corvettes from 1968 throughout the '70s give collectors as well as one-time buyers the opportunity to make an investment in an up-and-coming Corvette market. The 1969 Corvette I described above hap- pened to be part of my personal collection, which I sold at the 2008 Mecum Bloomington Gold Auction. With 5,142 original miles and all of the correct paperwork, it sold with commission for $99,750. Low-mileage Corvettes and the big-block engine are a proven combination for a secure investment. Jerry Heasley Automotive writer and photographer No six-figure 'Vette is a sleeper, at least one would not think so. But many of the better “tuner” Corvettes of the late 1990s and early 2000s fit our formula of $100,000, usability, and investment status. Two years ago, a 427 twin-turbo Lingenfelter widebody, circa 1999, sold at Barrett-Jackson for around $80,000. This muscle Corvette cost more than $150,000 new. With 0–60 mph in 2.97 seconds, quarter-mile ETs in the mid 9-seconds, and production at just seven units, this 'Vette has potential. There are a variety of these tuner Corvettes on the market from more manufacturers than Lingenfelter. I inserted many of these tuner Corvettes of this era into my new book, Corvette Masterpieces (see review, CM Winter 2008, p. 92). I was there to photograph the cars brand new—from Lingenfelter, Callaway, Mallett, Specter Werkes, John Caravaggio, Doug Rippie, Andy Pilgrim, Hennessey, even the Corvette Skunkwerkes team, among others. The enthusiast's job is to seek out these $100,000 Corvette specials and watch history repeat itself like the specials of the muscle car era, from Yenko, Dana, Berger, and Baldwin-Motion. 12 Corvette Market SUMMER 2008 www.vettemarket.com


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Kevin Mackay President, Corvette Repair, Inc. Valley Stream, NY If you have $100,000 to spend, here are some cars to consider. My first choice would be the 1968–69 427/435 or an L89 option car. Note that that L89 is the same as the 427/435, but with aluminum heads. It's my first choice, but it's not a practical street car, as it can run very hot. My second choice, which is a practical street car, would be the 1965–67 327/350 with a/c and all the other optional bells and whistles. When buying any of these cars, color is very important. Black is the rarest and red is second best, although blues are very attractive. The least desirable colors are greens, whites, and yellows. Avoid 3-speed cars. Even though they are rare (252 total made in 1969, the final year of production), they are not desirable. Killing two birds with one stone, the 1970–72 LT1 is a great investment and a great street car. As a small-block, it runs cool and drives easily—truly the best of both worlds. Whatever your final decision, don't forget that factory documentation and matching numbers are vital. Dana Mecum President, Mecum High Performance Auctions I think you can have usable and collect- ible. I suppose the first answer is to buy a $200,000 car for $100,000—a good older restoration or a car that's been kept up. Nineteen sixty-seven is the vintage wine for Corvettes; it's what everybody comes back to as the leader in values. The 427/435 isn't really a usable car, with solid lifters and airport gas required, but I have a 427/390 that runs fine on pump gas. The most magic in American collectible cars is in the big-block, and I have the stinger hood. You may not get the original motor, but you can buy a good 390-hp car with paperwork for $85,000–$120,000. And buy one with side exhausts. Every time I raced a 435 and I had side exhausts and the other guy didn't, I beat him in my mind because I sounded like I was going faster. For usability, buy radial tires and your Corvette will drive like a modern car. The solid-axle '61–'62s have timeless styling, but drive one for five to six hours and they're going to hurt you. And a fat man can't get behind the wheel. C2s have six or seven inches more space where it counts. Roy Sinor NCRS National Judging Chairman, 1996 to present; owner, Sinor Prestige Automobiles, Inc. I believe the best usable Corvette that could be considered an investment is still the C2. I realize that takes into account a variety of options, so I'll be more specific. I think the best usable investment for $100,000, or in many cases less, is the 1965 fuel-injected small-block Corvette. These cars have lagged behind the almighty 427, not only in desirability, but also in value, and they always will. Yet they are drivable, they don't overheat, they have good throttle response and torque range, they are blisteringly fast, they handle well, and are arguably one of the rarest, due to the low production number of 771. They are easily the true high point for the small-block 327 in the mid-year era. For years, these cars carried the stigma that they are hard to keep tuned. That's not true. If you own a 1965 fuel-injected Corvette with a sound 327 engine—with the proper camshaft—and if your injector has been rebuilt and properly calibrated by an expert, that vehicle will give you years of troublefree performance with limited maintenance. You need to understand a little about how the fuel injection works, but these cars are undervalued in today's market, with no place to go but up. www.vettemarket.com SUMMER 2008 Corvette Market 13


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Event Guide Arizona 09.20.08 Historic Prescott All-Corvette Car Show, Prescott The 'Vette-only event will be held at Prescott's downtown historic Courthouse Square. The show will have awards for all six generations of Corvettes, as well as people's choice. About 250 Corvettes are expected, so early registration is encouraged. $25. www.prescottvettesette.org. 09.23.08–09.28.08 National Park Corvette Tour, Flagstaff This unique opportunity with Bloomington Gold Tours will depart Flagstaff for five days of cruising to four of America's most beautiful national parks. Experience sunset and sunrise from your cabin at the rarelyseen North Rim of the Grand Canyon, and then feast your eyes on the stunning red rocks of Utah's Zion, Bryce, and Capitol Reef National Parks. Strictly limited to 15 Corvettes, and prices start at $2,745. www .bloomingtongoldtours.com. Arkansas 09.29.08–10.09.08 Eureka Springs Corvette Weekend & Tail of the Dragon, Eureka Springs Experience the thrill of a Corvette convoy traveling the Hermann Wine Trail, Ozark Mountains, the Pig Trail, Trail of Tears, and challenging the Tail of the Dragon. Stops in places like Branson, Waterloo, Chattanooga, and Deal's Gap allow for plenty of relaxation. www.lostcorvettes.org. California 09.27.08 9th Annual Cruisin' for a Cure, Costa Mesa Corvette Super Sports of Orange County will host this event, billed as the world's largest one-day charity car show. Expect to see 3,000 participants, 200 manufacturers and vendors, and 15,000 spectators, all to benefit UCLA's Jonsson Comprehensive Cancer Center. Tons of prizes are up for grabs, including a ZZ4 engine and a '33 hot rod. $12 for adults, kids under 12 are free. www.corvettesupersports.com. 10.16.08–10.18.08 American Le Mans Series, Laguna Seca The sports car season wraps up at one of America's premier racing venues. Watch as the mighty C6.R Corvettes race into the night against the likes of Aston Martin, Porsche, Audi, Ferrari, and more. The roar of the big V8s will stand up the hairs on your neck. Tickets are $20–$55. www. americanlemans.com. 14 Corvette Market SUMMER 2008 www.vettemarket.com Connecticut 10.05.08 3rd Annual Vettes in the Village, Mystic A popular Corvette show in Olde Mistick Village, with dash plaques for the first 200 cars, plus door prizes and raffles. $10. www.corvetteclubri.com. Florida 09.20.08 Dimmit Corvette Show, Clearwater This annual show put on by the Bay Area Corvette Club will have tons great stuff, including door prizes, goodie bags and polo shirts for the first 100 pre-registrants, a delicious breakfast, 50-50 drawing, and much more. $25. www.baccvette.com. 09.27.08 Life is a Vette at the Beach, Pensacola This show brings together Corvette enthusiasts and owners from the Florida Panhandle and many neighboring states. $20. www.miraclestripcorvetteclub.org. 11.01.08 11th Annual Corvette Show, Silver Springs Nature Park This Corvette-only event is consistently one of the best attended shows in Florida. Last year featured over 400 Corvettes, and this year should be even bigger. www.ocalacorvettes.com. Illinois 09.19.08–09.21.08 Mid America Motorworks Corvette Funfest, Effingham Call it the ultimate customer appreciation party, Funfest is held at MAM's 150-acre corporate campus and is free to one and all. It is one of the largest Corvette gatherings in the world, and over 15,000 Corvettes and more than 45,000 Corvette enthusiasts participated in 2007. This year celebrates 20 years of the Corvette Challenge Series, and attendees will meet the drivers and see the cars that made up this exciting period of Corvette racing history. Also honored will be all the 8s—all '58s, '68s, '78s, '88s, '98s, and '08s. Also expect great live music, $50,000 in gift certificate giveaways, an old fashioned BBQ, and much more. www.mamotorworks.com. 11.22.08–11.23.08 27th Annual Nickey Chicago 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 Stephanie AziereSattler, 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. Send your Corvette event listing to cmcalendar@vettemarket.com.


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Kentucky 08.30.08–09.02.08 NCM Anniversary, Bowling Green Join the celebration of the 14th anniversary of the National Corvette Museum. This year's schedule includes road tour excursions, video presentations, a poker run, seminars, Corvette raffle, Celebrity Choice car show, auctions, the annual open Membership meeting and more. The event will also include the Lifetime/VIP dinner with entertainment, a 10-year/15-year member recognition, Ambassador Breakfast, and the Corvette Hall of Fame induction ceremony and banquet, which will honor Allan and Don Barker, Reeves Callaway, and Maurice Olley. www.corvettemuseum.com. 09.11.08–09.13.08 Z06 Fest, Bowling Green This exciting event brings together enthusiasts for three days of performance festivities, including drag racing, autocross, tech sessions, seminars, road tour excursions, dyno pulls, a car show, an event banquet, a poker run, and auctions. If you've been looking for a great way to showcase your Z06, this is your event. www.corvettemuseum.com. 10.11.08–10.13.08 Classic Corvette Extravaganza, Bowling Green Co-hosted by the C3 Vette Registry and the Sting Ray Registry, the event begins with a road trip to Glendale for a historic tour that takes you on some great driving roads and offers a chance to see Kentucky's finest antiques. Participants will also enjoy, seminars, a Corvette Assembly Plant and Museum tour, a people's choice car show, and a banquet and benefit auction. www.corvettemuseum.com. Louisiana 09.27.08 ExtraVETTEganza All-Corvette Show, Slidell This is the 17th year the Greater New Orleans Corvette Club has held the event, which will include judged classes for C1 to C6, plus people's choice and “best of” awards for paint, interior, engine, wheels, custom, original, and show. $40. www.gnocc.com. Maryland 10.03.08–10.04.08 Free State Corvette Ocean City Weekend, Ocean City Over 700 Corvettes are expected for this weekend packed with great stuff, including a few different judged shows and rallies, a Boardwalk Corvette Parade, an awards ceremony, and much more. Among the goodies Auction Calendar AUGUST 1-2—KRUSE Denver, CO 2—KRUSE Verona, NY 2—RM Rochester, MI 7-10—SILVER Reno, NV 9—BONHAMS Sussex, UK 9—COYS Nürburg, DEU 14-16—RUSSO AND STEELE Monterey, CA 15—BONHAMS & BUTTERFIELDS Carmel, CA 15—KRUSE Seaside, CA 15-16—RM Monterey, CA 16-17—GOODING & COMPANY Pebble Beach, CA 22-23—CARLISLE Carlisle, PA 24—ICA Deadwood, SD 28-September 2—KRUSE Auburn, IN 30-31—SILVER Sun Valley, ID 30—WORLDWIDE Auburn, IN SEPTEMBER 1—BONHAMS London, UK 1—SHANNONS Melbourne, AUS 3—PETERSEN Salem, OR 5-6—MECUM Canal Winchester, OH 5-6—TOM MACK Charlotte, NC 8-9—BARONS Surrey, UK 12-13—COX Branson, MO 13—BONHAMS Beaulieu, UK 14—BONHAMS & GOODMAN Melbourne, AUS 19—BONHAMS Chichester, UK 19-20—MIDAMERICA Blaine, MN 19-20—SANTIAGO Tulsa, OK 20—ICA Sioux Falls, SD 20—LEAKE Houston, TX 26-27—BONHAMS & BUTTERFIELDS Owls Head, ME 27—SILVER Portland, OR OCTOBER 3-4—CARLISLE Carlisle, PA 3-5—MECUM St. Charles, IL 4—BONHAMS & BUTTERFIELDS Brookline, MA www.vettemarket.com SUMMER 2008 Corvette Market 15 29—RM London, UK 31—BONHAMS London, UK 4—KRUSE Morehead, KY 4—POTTS Hampton, GA 8-11—KRUSE Hershey, PA 10-11—DAN KRUSE CLASSICS Biloxi, MS 10—RM Hershey, PA 16-18—BARRETT-JACKSON Las Vegas, NV 17-18—SILVER Las Vegas, NV 18—KRUSE Dover, DE 19—BONHAMS Stafford, UK 19—SHANNONS Melbourne, AUS 20-21—BARONS Surrey, UK 22—H&H Sparkford, UK 24-25—DAN KRUSE CLASSICS Fredericksburg, TX 24-26—RM Toronto, CAN 25—BONHAMS & BUTTERFIELDS Los Angeles, CA


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Event Guide Send your Corvette event listing to cmcalendar@vettemarket.com. Oregon 09.11.08–09.13.08 NCRS Regional Meeting, Bend www.ncrs.org. Pennsylvania 08.24.08–08.26.08 Corvettes at Carlisle being distributed are dash plaques, patches, event pins, and goodie bags. $20 to $75. www.freestatecorvette.com. Massachusetts 09.20.08 Corvettes on Cape Cod Day, Sandwich Join other Corvette enthusiasts for a day of cruising beautiful Cape Cod, with a stop at the Heritage Museums and Gardens in Sandwich. The day includes food, music, and judged classes. www.capecodcorvetteclub.com New Jersey 09.07.08 Spirits of '53 Corvette Show, Princeton Hosted by the Spirits of '53 Club, this will be a judged show, with trophies awarded in Street, Stock, Modified, and Full Custom classes. Special awards will be given for paint, engine compartments, and best in show. $20. www.mysite.verizon.net/ vzeorr9w. New York 09.05.08–09.07.08 Adirondack 'Vette Fest, Lake George Join the fun at this 17th Annual all-Corvette weekend. Friday will feature a reception and show-n-shine along Lake George's Million Dollar Beach. Saturday, enjoy the Adirondacks on a road tour or participate in the annual autocross. Saturday evening, there will be a Vettefest banquet, followed by live music and dancing. www.adirondackcorvettes.com. 10.05.08 Corvette Cruise In, Broadalbin, NY 16 Corvette Market SUMMER 2008 www.vettemarket.com The first 75 registered Corvettes will receive dash plaques and goodie bags at this fifth annual show at Eagle Mills. $10. www.clubs .hemmings.com/viperfection North Carolina 09.21.08 1st Annual Corvette Show, Wilmington This first-time event will be hosted by Cape Fear Corvettes and sponsored by Jeff Gordon Chevrolet. www.capefearcorvettes.com. Ohio 08.23.08 Cruisin' for the Kids, Wooster The Mid-Ohio Corvette Club invites you to bring your Corvette out to the Wayne County Fairgrounds for the 10th annual Corvette show to benefit the Boys' Village Campus Recreation Fund. Enjoy free registration and a continental breakfast, then join in the cruise to the Boys' Village Campus, where you'll enjoy a chicken BBQ lunch, with music, prizes, and radio control car races. www.midohiocorvetteclub.com. 09.01.08 High-Speed Time Trials, Warren Corvette Cleveland and the East Ohio Region of NCCC present a day of high-speed timed driving at Nelson Ledges. www.corvettecleveland.org. 10.19.08 Fall Colors All-Corvette Road Tour, Springboro Last year, nearly 200 Corvettes took part. Expect nothing less from this 11th annual tour, which will take Corvette enthusiasts on an afternoon amble of some of Ohio's most beautiful fall foliage. www.restoration-station.com Corvettes at Carlisle, Carlisle This huge Corvette extravaganza provides enthusiasts from all generations with a weekend of entertainment, education, and of course the ability to drive in the famous parade. GM representatives will be onsite all weekend to answer questions, and special events include the Chip's Choice Display, an autocross, NCRS gallery, anniversary celebrations for 1958 and 1978 cars, an NCCC judged show field, and more. $12 for adults, kids under 12 are free. www.carlisleevents.com. Tennessee 1017.08–10.18.08 Corvette Expo, Sevierville This longstanding event is now in its 31st year and recently moved into its new location in the Sevierville Events Center. The show will feature NCRS Southeast Chapter judging, the Thompson-Carr Collector Car Auction, a cruise night, a swap meet, and much more. www.corveettexpo.com. Texas 08.16.08 Corvette Summer Sizzlin Show, Houston The San Jacinto Corvette Club, the oldest in Texas, will host this event, which will include a judged Corvette show, silent auction, a DJ playing hits from the '60s, and good food. $5 per person. www.sanjacintocorvetteclub.org Washington 09.12.08–09.14.08 Seattle in September, Seattle This will be the fifth biennial event held by the Corvette Marque Club of Seattle. Get ready for a three-hour dinner cruise with excellent live music, show-n-shine, BBQ with the famous Valve Cover Races, raffles and awards, and two great driving events. $95 per person. www.corvettemarqueclub.com. Wisconsin 09.07.08 8th Annual Corvettes for Charity, Hales Corners The Wisconsin Corvette Club will put on this all-Corvette show, with judged classes, dash plaques, music, and refreshments. $10. www.wisconsincorvetteclub.com. ■


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L88 Invasion by Thomas Glatch L egends have a way of becoming exaggerated over time, and the line between truth and legend is often blurred. Not so with the L88 Corvette. Talk with the owners of L88s, or those brave souls who raced them, and you'll hear story after story of men who wanted nothing but the fastest car possible. The L88 is one of those rare automobiles that has lived up to its largerthan-life reputation. The L88 had been out of produc- tion for three years when a group of Corvette enthusiasts gathered on the grass of the McLean County Fairgrounds in Bloomington, Illinois, which was the beginning of what we know today as the “Bloomington Gold” event. By that time, the L88 legend had already been established, racing successfully at the places Zora Duntov had intended it to—Le Mans, Daytona, Road Atlanta, Pomona. L88s had also raced at countless regional events, gymkhanas, and even ice race in Alaska. Plenty of L88s never saw a race track and were instead driven on the street by owners who wanted to beat everything they encountered. By 1988, Bloomington Gold had become the world's brilliantly-produced video, under the direction of Burroughs, that interpolated the social and political events of the L88 era (1967–69), including the Vietnam War and the landing on the moon, with the ground-pounding nature of the cars themselves. Those who were fortunate enough to see it won't soon forget. Some of the stars of the L88 Invasion included the 1967 L88 coupe that Dick Guldstrand, Don Yenko, and Bob Bondurant raced in the 24 Hours of Le Mans that year. If any car put the L88 on the map, this is it. The red, white, and blue Corvette led the GT class for the first 11½ hours before the stock connecting rods failed. Out of the 20 1967 L88s built, eleven Invasion forces assemble in St. Charles largest and most successful Corvette show, with the McLean County Fairgrounds bursting at the seams with Corvettes and Corvette enthusiasts. Also in 1988, Bloomington Gold celebrated the L88 Corvette with an event that is still talked about today, “Earthquake 88.” It was more than just a collection of these legendary cars: at 2 pm on that Sunday, 52 of the assembled L88s fired up for one massive earthshaking rumble. Ten years later, another L88 celebration gathered in 100-degree weather at the Interstate Center in Bloomington, which was then the new home of Bloomington Gold. Continuing the theme of celebrating the L88 legend on the “eights,” this year's Bloomington Gold featured the “L88 Invasion.”William Locke, who has been director of the Bloomington Gold Special Collection for the past 20 years, worked with Bloomington Gold CEO David Burroughs and gathered 55 of the finest L88 Corvettes in the world for Special Collection XXIV. The Special Collection was so large this year that it necessitated a move from the show's location at the Pheasant Run Resort in St. Charles, Illinois, to a spot across the street at the DuPage County Expo Center. A highlight of the opening night festivities was a 18 Corvette Market SUMMER 2008 www.vettemarket.com were on hand, including the oldest known 1967 L88. It was purchased in the fall of 1966 by John Wiggins of Springfield, Virginia, who wanted the “fastest production car” possible. Another interesting '67 was the L88 display engine owned by Ron Ludwig of Sterling Heights, Michigan. It's an actual production L88 engine on a portable stand, and yes, it runs. Many interesting 1968 L88s were also displayed, including the Yenko-prepared Sunray DX race car that won the GT class at the Sebring Grand Prix of Endurance that year. Jeff Reade, of Culver City, California, brought his '68 L88 coupe, an original car showing just 5,900 miles on the odometer. Only 80 L88s were built in 1968, and 14 of those cars were included in Special Collection XXIV. More L88s were built in 1969 than the other two years combined, and 30 of those 116 Corvettes were displayed. What does an L88 look like under that curvaceous fiberglass? Master restorer Kevin Mackay, of Valley Stream, New York, displayed his 1969 L88 coupe with the body panels removed. Perhaps for the first time ever, all three of the 1969 L88 Corvettes that were exported to Canada were on display. Unlike their U.S. counterparts, GM Canada kept full records on these cars; no other L88s can be verified from GM records. The English/French Warranty Booklets on these cars are also unique. Today, GM is facing huge hurdles as it seeks to remain competitive in the market- place. The L88 reunion was a reminder of simpler times, when simply building the fastest, meanest car in the marketplace was enough to make your mark with the public. Three more L88s didn't make the Special Collection—they were consigned to Saturday's Mecum auction. A Rally Red 1969 L88 convertible that had earned Bloomington Gold Survivor status sold for $435,750, while a former L88 race car from the Fred and Terry Michaelis Personal Reserve Collection sold for $223,200. The third L88, a Le Mans Blue 1969 Survivor coupe, reached $310,000 without selling (see the “C3 Profile,” p. 24). On Saturday afternoon, the assembled L88 multitude—all 58 of them—paraded through the show. The L88 Invasion was the largest collection of L88s ever, and one Corvette fans will be talking about for a long time. ■ Bloomington Gold, St. Charles, IL Never Too L88 to Party The oldest known L88 was here. It was bought by John Wiggins of Springfield, VA, who wanted the “fastest production car” possible


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Participants in the L88 Invasion Vehicle 1967 L88 Coupe 1967 L88 Coupe 1967 L88 Coupe 1967 L88 Coupe 1967 L88 Coupe 1967 L88 Convertible 1967 L88 Convertible 1967 L88 Convertible 1967 L88 Coupe 1967 L88 Convertible 1967 L88 Coupe 1967 L88 Display Engine 1968 L88 Convertible 1968 L88 Coupe 1968 L88 Convertible 1968 L88 Convertible 1968 L88 Coupe 1968 L88 Coupe 1968 L88 Coupe 1968 L88 Convertible 1968 L88 Coupe 1968 L88 Convertible 1968 L88 Convertible 1968 L88 Convertible 1968 L88 Coupe 1968 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe 1969 L88 Coupe 1969 L88 Convertible 1969 L88 Coupe Serial Number Owner 194377S110055 Phillip Castaldo, Smithtown, NY 194377S112085 Glen Speilberg, Merrick, NY 194377S113787 Harry Yeaggy, Cincinnati,OH 194377S115791 Alvin & Ronnie Steinman, Waterford, CT 194377S117055 Roger Judski, Maitland, FL 194677S117527 Doug & Marianne Dewar, Rolling Hills Estates, CA 194677S118414 Buddy & Nova Herin, Corpus Christi, TX 194377S118426 Mitch Migden, Stamford, CT 194377S120407 Dave Walters, Miami, FL 194677S121550 William F McDonagh, Jr., San Francisco, CA 194377S122014 Irwin Kroiz, Ambler, PA — Ron Ludwig, Sterling Heights, MI 194678S410807 Karl Hallstrom, Elmira, OR 194378S411031 Lou Grobner, Highland Park, IL 194678S411493 Irwin Kroiz, Ambler, PA 194678S414674 John Thompson, Atherton, CA 194378S415030 Alvin & Ronnie Steinman, Waterford, CT 194378S415034 Terry Michaelis, Napoleon, OH & David Stahl, Bedford, PA 194378S417431 Bill Kay, Lisle, IL 194678S418866 Christopher Piscitello, Dallas, TX 194378S419258 Michael Vietro, Anaheim, CA 194678S419379 Glen Speilberg, Merrick, NY 194678S419728 Dick Bridges, Rock Hill, SC 194678S420227 Dave Walters, Miami, FL 194378S420801 Gary & Carol Licko, Miami, FL 194378S425195 Jeff Reade, Culver City, CA 194679S706501 Gregory V. Ornazian, Rochester, MI 194379S706612 William Vyn, Santa Barbara, CA 194679S706723 C. David Nelson III, Franklin Park, IL 194379S707409 Tom T. Marcucci, Wixom, MI 194379S707456 George Pappas, Vancouver, BC Canada 194379S710154 George Pappas, Vancouver, BC Canada 194379S710164 Dr. Vance Shappley, Germantown, TN 194679S710170 Rick Manetta, Whitestone, NY 194379S717685 Frank Stech, Jr., Pitman, NJ 194379S718830 Alvin & Ronnie Steinman, Waterford, CT 194679S719392 Richard & Rene Scott, Malibu, CA 194679S720068 Joe DeMesy, Dallas, TX 194379S720354 Kevin J. Mackay, Valley Stream, NY 20,000 miles 16,500 miles 22,450 miles 3,990 miles 5,900 miles 20,300 miles 20,000 miles, Survivor© GM Canada export Survivor© 20,000 miles 13,677 miles 18,000 miles Original owner Tony DeLorenzo “The See-Thru Corvette” 194379S720677 Rick Manetta, Whitestone, NY & Guido DiRe, Oyster Bay, NY 26,021 miles 194379S720951 Larry P. Georgeton, Roslyn Heights, NY 194379S721010 John Schmidt, Lincoln, NE 194379S721121 Ken Farley, Somonauk, IL 14,539 miles 26,947 miles 194679S721263 Evan Metropoulos, Beverly Hills, CA 194379S721608 Paul Dehnert, Austin, TX 194379S722128 Joe DeMesy, Dallas, TX 194379S722199 Bill Bracken, Liberty, TX 194679S722206 Vince Zankich, Carson, CA 194379S722210 Joe DeMesy, Dallas, TX 194379S723055 Frank Stech, Jr., Pitman, NJ 194379S723087 Steve Bramati, Deer Park, IL 194679S727107 Patrick M. Prikkel, Dayton, OH 194379S727979 Steve Rohelier, Canton, MI 194379S728007 Dennis D. Higginbotham, New Smyrna Beach, FL 194679S736083 Mike Welsh, Birmingham, MI 194379S736223 Rick Manetta, Whitestone, NY & Guido DiRe, Oyster Bay, NY www.vettemarket.com SUMMER 2008 Corvette Market 19 GM Canada export 19,000 miles 19,000 miles, Survivor© 28,100 miles 8,600 miles 17,000 miles, Survivor© GM Canada export 22,500 miles, Survivor© 33,500 miles IMSA GTO racer, 16,000 miles 2,013 miles 14,000 miles 20,246 miles Sunray DX Racer 215 mph at LeMans, SCCA A Production Racer Notes Earliest known L88 Sunray DX Racer LeMans Racer 11,800 miles 21,737 miles SCCA A Production Racer 4,994 miles 1970 Daytona 24 Hours


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C1 profile 1959 283/290 FI Race Car Even with limited racing history, this car shows that a documented Corvette race car is so rarely seen in the marketplace that it will command top dollar by Thomas Glatch Chassis number: J59S104283 C orvettes dominated SCCA racing in 1959, and Jim Jeffords took the SCCA B Production points championship with his 1959 Corvette, dubbed the Purple People Eater Mk III. Plans were laid to contest the 24 Hours of Le Mans and the FIA championship the following year. Against this frenetic backdrop, the 1959 Corvette offered here was built. The powerplant is the 290-hp, fuel-injected 283 V8. A 4-speed manual transmission, Positraction rear axle, as well as heavy-duty brakes and an upgraded suspension kept the Corvette in line. For a grand total of $5,227.65, including freight, anyone could purchase an excellent sports car, make a few modifications, race, and win. The original owner of this car was Gene Cormany, an enthusiastic sports car racer and VP of Engineering for Zollner Corporation, a major supplier of automotive pistons. Cormany made a practice of buying a new Corvette every year or two, and his industry connections enhanced his chances of getting exactly what he wanted. Cormany raced this Corvette throughout the Midwest in 1959 and 1960, winning four of 22 events and scoring twelve top-three finishes. Cormany eventually sold the victorious Corvette to Roland Gorman. Dale Pearman then acquired it in the 1980s and began a restoration. In the process, he met Mike Ernst, an early NCRS member and Corvette expert, who in 1988 had purchased the original engine and fuel injection unit from the first Scaglietti-bodied Corvette. In January 1989, Pearman acquired this engine and fuel injection unit to use during the restoration. The current owner of the Corvette acquired it from Pearman in 2004 with its restora- tion still in progress and sent it to Ron's Auto Restoration in Fitchburg, Massachusetts, a shop recognized for its expertise with Corvette restorations and particularly the early 20 Corvette Market SUMMER 2008 www.vettemarket.com Details Year Produced 1959 Number Produced 9,670 Original List Price $5,047.90 CM Valuation $69,000–$121,000 (non-competition) Tune-up $150 Distributor Cap $19.99 Chassis # Driver's side door post Engine # Stamped on machined pad rear of distributor Club National Corvette Restorers Society 6291 Day Rd. Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1959 Jaguar XK 150 S, 1959 Austin-Healey 100/6, 1956–57 Porsche 550A CM Investment Grade A Photos: RM Auctions


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straight-axle cars. There the restoration was carried out over a three-year period, with the outstanding results seen here. In keeping with its winning ways, this Corvette has won “Best Sports Car” at the 2007 Newport (Rhode Island) Concours d'Elegance, and it earned the coveted NCRS Heritage Award shortly thereafter. NCRS Performance Verification has also been achieved, with confirmed speeds in excess of 100 mph. With only four owners from new, this 1959 Corvette comes with comprehensive original paperwork, including window sticker, owner's manual, Owner's Protection Plan folder, battery, clock tags, and original key. The prior owners have executed mileage statements supporting the 90,366 miles currently showing on its odometer as the actual mileage from new. CM Analysis This car sold for $275,000 at the RM's sale on March 8, 2008. Many of the highest-profile Corvette sales have been documented, authentically restored race cars. Only a handful of Corvettes out of the over one million produced have competed at places like Le Mans or Daytona, or have won SCCA National Championships. The top Corvette race car sales have all fit this profile. This car, sold at $275,000, places it seventh in our database list of Corvette racers. But unlike the other Corvettes in this group, this car was neither raced at a legendary event nor driven by someone like Jerry Thompson or John Greenwood. Instead, it had a minor career in SCCA regional events by someone unknown in Corvette lore. This Corvette is fully documented and accurately restored, so there is no question about its past—but it's a minor league past. Auction sales of first-generation Corvettes have re- mained very strong, especially those originally equipped with the fuel-injected engines, and those with the RPO 684 “Big Brake” racing brake and suspension package even more so. Proof of that is a 1958 “Big Brake Fuelie” sold at Barrett-Jackson last winter for $198,000. The ultimate in Corvette performance The RPO 579D/684 cars have commanded the high- est prices of Corvettes of this era for decades, for the same reason the Z06 cars of 1963 and the L88s of the late-'60s bring top dollar: they represent the ultimate in Corvette performance in that era. A test of a 1959 RPO 579D/684 Corvette in the March 1959 issue of Sports Car Illustrated revealed a potent machine. None other than Zora Arkus-Duntov himself delivered the car to GM's Milford, Michigan, test track for the magazine. SCI saw 0–60 mph in 6.6 seconds, and the quarter-mile in 14.9 seconds at 98 mph. They remarked, “Acceleration, while breaking no SCI records, is tops for pushrod equipment, and at the top end, quite similar to the 3.0 liter Ferrari 250 GT tested last year.” Cornering was also improved, though still requiring great skill. “With so much power so freely available, rapid cornering necessarily becomes a maneuver requiring careful control of all elements involved,” SCI wrote. The magazine concluded, “It's not a low price car, and Automobiles of Amelia Island, Florida, it's none too cheap to operate, but it goes well, it stops well, and with reservations, it corners well, too. For all around performance per dollar, the Corvette is hard to beat.” But these options do not necessarily make a true Corvette racer. In fact, most RPO 684 cars were never raced (at least on a race track). So this car, even with its limited racing history, shows that a documented Corvette race car is so rarely seen in the marketplace that it will command top dollar. This was a fair deal for buyer and seller both, and this car will do nothing but appreciate. ■ (Introductory description courtesy of RM Auctions.) Build your own Corvette “Ready Racer” Building a ready-to-race Corvette in 1959 was as easy as checking the right options on the order form. The key options were the 290-hp fuelinjected engine (Regular Production Order 579D) and the heavy-duty brake/suspension package (RPO 684). The fuel-injected engine required the 4-speed manual transmission (RPO 685). RPO 684 required the Positraction rear axle (RPO 675) and included 15”x5½” steel wheels (RPO 276), “dog dish” chrome hubcaps, larger finned brake drums and metallic brake shoes, and 6.70”x15” blackwall tires. Purpose-built race cars stopped right there, but many RPO 579D/684 Corvettes were ordered with high-performance street use in mind, so radios, heaters, and other comfort options were also added to those cars. RPO Description 867 675 684 685 Cost Production Base Corvette Convertible 579D 283-ci 290-hp Fuel-Injected Engine Positraction Rear Axle Heavy Duty Brakes & Suspension 4-speed Manual Transmission 686 Metallic Brakes 1408 6.70x15 Blackwall Tires Total $3,875.00 9,670 $484.20 745 $48.45 4,170 $425.05 142 $188.30 4,175 $26.90 333 n/c n/a $5,047.90 www.vettemarket.com SUMMER 2008 Corvette Market 21


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C2 profile 1963 327/340 Convertible This car sold at the low end of expectations. The altered brakes were a red flag that alerted buyers to other potential issues by Carl Bomstead Chassis number: 30867S119003 A fter a decade of production of the classic “solid-axle” Corvette, Chevrolet pulled out all the stops to present a brand new Corvette for 1963. Although the various engine and transmission choices were carried over, every aspect was otherwise redesigned, and a beautiful new fiberglass body was offered for the first time in either coupe or convertible form. Its Sting Ray show car-inspired looks were certainly fresh and exciting, embraced by a new, much stiffer chassis with independent rear suspension—by now a virtual prerequisite for any automobile with sporting pretensions. As with many of the cars in the Astor Collection, the Corvette offered here is reportedly a local California car. Benefiting from professional restoration work, it remains in excellent condition throughout and beautifully finished in attractive Silver Blue. The quality of the entire exterior, including paint and brightwork, is exceptional, without any immediately noticeable flaws. The interior is simply outstanding and nearly as-new in appearance. The dark blue upholstery, carpeting, and dash are commensurate with the car's overall condition and show few signs of age. Such professional attention is also visible under the hood and on the undercarriage, both of which seem period-correct, clean, and tidy, with relatively few signs of road use. Powered by the desirable 340-hp, 327-ci V8, the Astor Collection's 1963 Corvette is a fine example, indeed replete with all the driving pleasures, gorgeous style, and visceral excitement offered by America's sports car. CM Analysis This 1963 Corvette convertible sold for $66,000 at the RM Art Astor sale in Anaheim, California, on June 28, 2008. The estimate range was $60,000–$80,000. So was this car a bargain? Well, yes and no. But before we get to value, a little background. 22 Corvette Market SUMMER 2008 www.vettemarket.com Details Year Produced 1963 Number Produced 21,513: 10,594 coupes, 10,919 convertibles Original List Price $4,359 CM Valuation $47,000–$83,000 Tune-up $350 Distributor Cap $25 Chassis # Plate attached to instrument panel support brace under glovebox Engine # Passenger side engine block on pad forward of head Club National Corvette Restorers Society 6291 Day Rd. Cincinnati, OH, 45252-1334 More www.ncrs.org Alternatives 1967–67Jaguar XKE, 1963–65 Porsche 356C, 1963–67 Austin-Healey 3000 CM Investment Grade B Photos: RM Auctions


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The redesigned 1963 Corvette was a smash, doubling sales from the record-setting previous year and causing a lead time of up to two months on deliveries. Most orders were placed at full retail; dealers did not have to listen to offers, because demand out-stripped supply. Demand for both the convertible and the new coupe was so strong that a second shift was needed at the St. Louis facility. Production totaled 21,513, with sales almost evenly split between the coupe and convertible. Styling exercises for the all-new Corvette began in 1956 with various projects, and the car would eventually be based on Bill Mitchell's 1959 Sting Ray racer. The C2's humpback fenders and name were lifted from that car. Mitchell considered the Sting Ray his car, and he worked on the body while Zora Arkus-Duntov refined the chassis. Second to none The X-brace frame was gone, and in its place a ladder-type chassis was designed with five cross members. This improved the lateral stress rigidity that was required due to the stress the new independent suspension put on the frame. The wheelbase was shortened by four inches, which improved handling. Car & Driver enthusiastically stated that the Corvette was “now second to no other production sports car in road holding and is still the most powerful.” Mitchell's styling was equally stunning. The quad headlights were now hidden, a first since the 1942 DeSoto. Dummy vents in the hood were non-functional due to the accountants' pencil, and they were often criticized, as was the difficulty in accessing the luggage storage. But the new Corvette looked fast even when parked, and depending on the options, it was capable of world-class performance. In fact, a Z06-equipped coupe won the Los Angeles Times Invitational Race at Riverside on October 13, 1962, besting Carroll Shelby's new Ford-powered Cobra. The convertible example offered as lot 333 from the Art Astor Collection was equipped with a 4-speed and the L76 327-ci, 340-hp engine, which was a $107.60 option. However, the auction catalog was noticeably silent about whether this was the original engine to the car. The original four-wheel drum brakes had been converted to discs, and either aftermarket or 1964 knockoffs had been installed. This Corvette convertible sold at the low end of expectations. The modifications, both seen and unseen, were one reason. But the primary reason was that as iconic as the 1963 Split-Window coupe is, the 1963 convertible is far down the food chain of C2s. Collectors look for the higherhorsepower, disc-braked 1965–67s. Which, in the end, can make 1963s and 1964s good values today. There was big money in the room for the right cars; a '63 injected coupe, with a number of body issues but otherwise correct, sold at this auction for $110,000, With over 10,000 convertibles built in 1963, there will always be plenty of them for sale. Few Corvettes have survived the past 45 years without being changed in one way or another, and the market has shown over and over again that nearly every change from stock diminishes value. For those who are inclined to “improve” their 'Vettes, take note of the potential cost of your handiwork. Given the overall very nice condition of the car, but also considering the modifications from stock, I'd have to call this priced just right. ■ (Introductory description courtesy of RM Auctions.) www.vettemarket.com SUMMER 2008 Corvette Market 23


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C3 profile 1969 L88 Coupe & Convertible Two powerhouse, low-mileage L88s show up at the Bloomington Gold auction. One sells, one doesn't. We tell why by Tom Glatch T he L88 Corvette entered its third year of production in 1969, having established itself as all-conquering in both SCCA and FIA competition. Rated at a measly 430 horsepower, the L88 pumped out an all-too-real 560 hp at its redline, and, with special heavy-duty brakes, F41 suspension, and a bullet-proof Positraction rear end, it was as potent and race-ready as anything from Detroit at the time. Well-known as the dominant performance Corvette, it was still under tight produc- tion reins imposed at its inception, and only 116 were built. Here are two that crossed the block at Bloomington Gold—one that sold, one that didn't—and our thoughts on each. 1969 Chevrolet Corvette L88 Coupe Chassis number: 194379S707409 Few of the powerful and rare L88s were reserved for street use. This is a low- mileage coupe awarded Bloomington Gold Survivor status in 1997. As that honor indicates, this car is almost entirely original, with 20,000 miles on the odometer and still fitted with the original tires. The excellent Le Mans Blue finish is factory-original, as is the black standard-trim interior. As listed on the original tank sticker, the car is equipped with K66 transistorized ignition, G81 Positraction rear axle (in this case, with 4.56 gears), and an M22 “Rock Crusher” close-ratio transmission. In addition, it features F41 “special purpose” suspension, J50 power brakes, and J56 special brake system, all of which were required options for the L88, save for power brakes. The only extra on the tank sheet is an order for Soft Ray tinted glass. 24 Corvette Market SUMMER 2008 www.vettemarket.com Details Years Produced 1967–69 Number Produced 216 (20 in 1967, 80 in 1968, 116 in 1969) Original List Price $6,500 approx. CM Valuation $250,000–$850,000 Tune-up $150 Distributor Cap $19.99 Chassis # Top of instrument panel at base of windshield Engine # Pad on front of block below right cylinder head Club National Corvette Restorers Society 6291 Day Rd. Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1965–67 Shelby Cobra 427, 1968 Shelby GT500 KR, 1969–70 Ford Mustang Boss 429 CM Investment Grade A Photos: Mecum Auctions


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Not only does this awe-inspiring Corvette enjoy an excellent and fully documented owner history back to its original delivery, it has also won more than Survivor honors. In 1998, it earned Bloomington Gold Certification and was awarded membership in the Special Collection; it also recently rounded out the trophy shelf with a 2008 NCRS award. 1969 Chevrolet Corvette L88 Convertible Chassis number: 194679S736083 Sold new in California, this stunning Monza Red 1969 L88 convertible has achieved certification as a Bloomington Gold Survivor. It is well optioned for an L88, most of which were devoid of extras in anticipation of a life in competition. Along with the original convertible top, it is equipped with the optional color- matching auxiliary hard top and features a tilt/telescopic steering wheel, Speedminder speedometer, and yes, its original F70x15 Redline tires on chrome-ringed Rally wheels. According to its owner, this magnificent powerhouse—formerly in the Ray Norvell Collection—is a candidate for Bloomington Gold Benchmark judging. It has recently been freshened with an extensive and correct detailing by Houston's world renowned Nabers Brothers Restorations and was featured at the 2008 Bloomington Gold “L88 Invasion.” CM Analysis The red 1969 Corvette L88 convertible sold for $435,750 at the Mecum High Performance Auction at Bloomington Gold in St. Charles, Illinois, on June 28, 2008. Shortly afterward, the blue 1969 Chevrolet Corvette L88 coupe was bid to $310,000 but did not sell. Why? Mecum's Bloomington Gold sale is possibly the only place where two L88s of this caliber would go under the gavel. The Monza Red L88 convertible was spectacular. To achieve both Bloomington Gold Survivor (more than 50% original) and Bloomington Gold Certification (better than 95% typical factory production) is impressive. The car was worth every penny of its $436k price. I've known the second car—the Le Mans Blue '69 coupe—since 1990, when Steve Hendrickson of Wayzata, Minnesota, owned it. At that time it was factory original, right down to the spark plugs. The original owner was George Montgomery, owner of Donnybrook Raceway (later Brainerd International), who ordered the L88 as the track's pace car. The third owner, Denny Kannenberg, claimed to have buried the speedo at over 160 mph on the I-494 bypass around Minneapolis. No one doubted him. Missed the opportunity of a lifetime It was the gatefold poster in the November 1990 issue of Corvette Fever magazine, and deservedly so. And it's still as impressive as it was back then. This car also earned Bloomington Gold and Survivor Certification and has a fully documented history But why didn't the second L88 sell? Could it be, given the current perceived instability of our economy, that there was only room for one like-new L88 in this auction? Maybe, but buyers seemed to have no problem paying up for a truly spectacular Corvette. No, I suspect the “Buy Me” red paint and alluring rag top of the first L88 simply overshadowed the other car, and nothing more. The blue car was bid to $310,000, and that's not enough for an L88 of this magnitude. But someone missed an opportunity to buy a like-new 1969 L88—or maybe a once-in-a-lifetime chance to own two. ■ www.vettemarket.com SUMMER 2008 Corvette Market 25


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C4 profile 1987 Callaway Twin Turbo Coupe Through a series of negotiations with McLellan and others at GM, Callaway was awarded an opportunity that probably won't come about again By Michael Pierce, NCRS Senior Judge Chassis number: 1G1YY2181H5107979 T his 1987 Callaway Twin Turbo Corvette coupe was an original RPO B2K dealerordered car, number 100 of 188 built in the first of five years of RPO B2K production. It was delivered new in New York to its original owner. While on assignment for CM at the Arizona auctions in January 2008, Senior Analyst B. Mitchell Carlson watched the sale of this car. On p. 86 of the “Market Report Roundup” in the Spring issue of CM, he described it this way: “Maroon metallic over gray leather. 71,451 miles. 350-ci 345-hp twin-turbocharged V8, 4+3 manual. Buffed-out older repaint with lots of scratches at driver's door. Exterior emblems rough, cloudy, and faded; right side Callaway emblem missing. Engine bay generally dingy and with dings in aftercoolers. Claimed to have recently rebuilt turbos. Aftermarket dash and steering wheel rim covers soiled. Heavily worn leather to seats on both sides. Condition #4.” CM Analysis This car sold for $5,724 at the ICA sale in Gilbert, Arizona, on January 12, 2008. While that isn't much for a C4 coupe, and it's beans for a Callaway car, I reckon this one was very well sold and unfortunately bought. When car guys get together, performance—or more specifically, horsepower, torque, and time-distance discussions—almost always come up. I know this is true with Corvettes, and the Callaways hold some of the most impressive records for horsepower, speed, and acceleration. In October 1988, it was the twin-turbocharged Callaway Sledgehammer that earned the record for the fastest street legal car in the world—254.76 mph, recorded at Ohio's Transportation Research Center. It's a record barely eclipsed only recently. But how and why did the Callaway Corvettes come about? 26 Corvette Market SUMMER 2008 www.vettemarket.com Club Details Years Produced 1987–91 Number Produced 520 Original List Price $48,000 (base C4 plus B2K option) in 1987; $65,500 in 1991 CM Valuation $25,000–$60,000 Tune-up $3,000 at a race shop Distributor Cap $22 Chassis # Driver's side dash at windshield Engine # Pad forward of cylinder head on right side National Corvette Restorer's Society 6291 Day Rd., Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1980–85 Porsche 930 Turbo, 1985–92 Vector W8, 1990 Corvette ZR-1 CM Investment Grade B Photos: B. Mitchell Carlson


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GM's outsourced supercar When Zora Duntov retired as the Chief Engineer for Corvette in 1975, Dave McLellan was promoted to his position. McLellan was tasked with putting Corvette back on the map after years of diminishing performance, styling, fit, and finish. He and his staff knew that unless Chevrolet could give performance car customers what they expected and paid for, the brand was in serious trouble. The result was the C4 of 1984. In 1985, McLellan contracted with Specialized Vehicles, Incorporated, in Troy, Michigan, to work on two engine platforms for Corvette. One was a twin-turbocharged 350 V8, the other a 90-degree turbocharged V6. Working prototypes of both configurations were designed and built. The V6 would provide extra space underhood for the turbos, plumbing, and heat exchangers, plus get better mileage, but the driveline and rear suspension of the stock Corvette would not accommodate the V6. Perhaps more importantly, marketing figured the buying public would not accommodate the V6. The V8 design produced well over 400 hp and 500 ft-lb of torque, compared to the stock Corvette, which now put out 230 hp and 330 ft-lb. Don Runkle, head of Chevrolet market planning, suggested to McLellan they share what had been learned at SVI and the Arizona Proving Grounds with Reeves Callaway, whose Callaway Cars aftermarket performance shop had been successful with several marques, especially the Alfa Romeo GTV-6 and various BMWs. GM had the technology and capital, but it would have taken years to get their turbocharged super Corvettes through the EPA. Callaway already had experience doing just that, and through a series of negotiations with McLellan and others at GM, he was awarded an extremely unusual opportunity. Callaway was given significant financial and engineering assistance, plus war- ranty coverage (12 months/12,000 miles) directly through GM dealers to provide the Corvette with Regular Production Option B2K as an outside contractor. This was the only time in GM's history such a thing had been done, and it will probably never happen again. Concurrently, GM had established a design and engineering contract with Lotus in England to develop the next-generation LT5/ZR-1 powerplant, a 32-valve, DOHC, fuel-injected V8. Though ZR-1 production was still years away, it would ultimately signal the demise of the Callaway RPO option through GM, but the B2K stopgap proved to be a popular and potent fix. The 'Vette guys stepped up The base price of a 1987 Corvette was $28,000; the B2K RPO was another $19,995. It was a huge price, but in 1987, 188 people stepped up for one. They came in both convertible (65) and coupe (123) body styles. The majority were ordered directly through annointed Chevrolet dealerships. Callaway also offered the public an opportunity to send their stock Corvettes directly to him for conversion. Those cars got the same upgrade treatment as original, dealer-ordered models. B2K cars were completed on the Corvette line in Bowling Green, Kentucky, and drop- shipped to his shop in Old Lyme, Connecticut. The original engines were removed and a race-prepared, twin-turbo 350 was stuffed into the car in its place. Power and torque specs were at least 345 hp/465 ft-lb during the first year of production, and the cars had a top speed of almost 180 mph. Every car was road tested by Reeves Callaway to make sure it was ready for the customer. From 1987 through 1991, Callaway built 520 of his Corvettes. Throughout production, the B2K package changed slightly. Automatic transmissions were not available for the B2K package until 1988, when a re-worked TH400 truck transmission with a Laycock electronic overdrive became avail- www.vettemarket.com SUMMER 2008 Corvette Market 27 able at the huge cost of $6,500. It was offered for two years. Dymag magnesium alloy wheels became standard equipment, as did heavy-duty suspensions, power-steering coolers, and bigger brakes. In 1990, the Aerobody ground effects package could be ordered. This collection of fiberglass panels was similar to those used on the Sledgehammer and created serious downforce at very high speeds. The panels were never part of the B2K package but an “add-on” available directly from Callaway. They cost thousands of dollars over the option price, and that was before customers had them painted and installed. By the end of production, the B2K option cost had risen to $33,000. When good cars go bad Our subject car seems to be the unfortunate result of a very hard life. Sure, the turbos were claimed to have just been rebuilt, but that doesn't explain the erratic idle. The turbos don't even spool until about 2,500 rpm. The B2K package added about 3,000 additional parts to a stock C4, so that leaves 2,998 other possibilities. The injectors? The timing? Callaway Corvettes are reliable machines, but they do not suffer deferred maintenance gladly. These are finely tuned, silky smooth supercars, each piece relying on the others to make things happen. There is no piecemeal when you fix one of these things, and there is no cheap way to do it. The proprietary parts are available only from Callaway Cars, and many are no longer stocked. Just replacing the turbos, intercoolers, and mufflers will cost about $10,000, and the sheer volume underhood taken up by all that engine means no repair is easy. A good B2K car with low miles and maintenance his- tory will fetch between $25,000 and $45,000, though I have seen them sell for more. If I had to guess, I'd say our buyer thought he'd found a steal of a deal. After all, this wasn't just a Corvette, it was a Callaway Corvette. You don't see these things every day. Having owned and driven plenty of good Callaway cars, and based solely on what we know about the car's overall condition, I have a feeling this car is about to disappear into the deep recesses of a hobbyist's garage, and it will be a long time, if ever, before it sees the light of day again. ■


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C5 profile 2001 Z06 Hardtop Looked at another way (sound of knife twisting), the seller paid $112 per mile to drive this car during his ownership By Daniel Grunwald Chassis number: 1G1YY12S015127926 T he Z06 designator began with the 1963 Corvette, where the option consisted of “Special Performance Equipment.” This included the L84 327-ci, 360-hp, fuelinjected engine, a bigger front anti-roll bar, vacuum brake booster, dual master cylinder, bigger brakes, and, initially, a 36.5-gallon fuel tank. The package added $1,818.45 to the $4,252 base price of the car. Most of the 199 Z06s built were used hard and eaten up by the rigors of racing, and today they hold a special place in Corvette history. Fast forward to 2001, and the C5 had been around for five years. GM execs were ready to give the aging, 346-ci, 350-hp model something exciting, as Ford's V8 Mustangs were churning out 320 hp and the Corvette's closest domestic rival, the Viper, was delivering 450 hp. By stuffing the 385-hp LS6 into the C5, GM resurrected the Z06 badge and deliv- ered Corvette owners the first significant performance boost since ZR-1 production ended in 1995. The Z06 was available as a hardtop only and featured a number of model-specific touches, including a special 6-speed transmission with more aggressive gearing and a temperature sending unit. The wheels were one inch wider both front and rear and the Goodyear Eagle F1 Supercar tires (which were not run-flats, as on other Corvettes) saved 23 lb overall. An additional 17 lb of weight savings came from the titanium exhaust, the first such use in a mass-produced car. Front and rear glass were thinner and lighter, and the suspension was upgraded to be stiffer, with new camber angles. Though lighter and faster than a standard LS1 Corvette, the new Z06 still retained all the creature comforts owners had come to expect. Although 385 hp (which increased to 405 hp for the 2002 model) wasn't unheard 28 Corvette Market SUMMER 2008 www.vettemarket.com Details Years Produced 2001–2004 Number Produced 28,388 Original List Price $47,500 CM Valuation $26,000–$33,000 Tune-up $500 Distributor Cap N/A (8 coils at $75 ea.) Chassis # Driver's side dash at windshield Engine # Pad forward of cylinder head on right side Club Corvette Club of America PO Box 9879 Bowling Green, KY 42102-9789 More www.corvetteclubofamerica.com Alternatives 1996–2003 Ferrari 550, 1993–95 Porsche 928 GTS, 1996–2006 Jaguar XKR CM Investment Grade C Photos: Mecum Auctions


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of in performance car circles, it was the overall packaging of the new LS6 that made it all work seamlessly. In August 2000, Motor Trend published a glowing report of the Z06, and Automobile magazine named it “Automobile of the Year.” The Torch Red over black and red leather 2001 Z06 featured here was presented in “as-delivered” condition, and the odometer confirmed this, showing just 162 original miles. CM Analysis This car sold in St. Charles, Illinois, at the Mecum High Performance Auction at Bloomington Gold for $29,400 on June 28, 2008. For just about every “special” Corvette built in the last 30-plus years (Indy Pace Cars, Anniversary cars, Collector Edition cars, ZR-1s, Grand Sports, etc.), there seems to be a group of collectors who are willing and able to buy them and hold them pristine and undriven in order to speculate on their future worth. The disposable income to do so, plus the stratospheric prices on some of the super restored or original Corvettes from the 1950s and '60s—and now even the '70s—are the chief driving forces behind such speculation. What seems to be forgotten is that far fewer people in the '50s, '60s and '70s had the throw-away money or the desire to put a fast or rare Corvette away for speculation. They raced them instead, and few survived as a result. In 1963, you would have had to have been Nostradamus to know how history would view the Z06. And then you would have had to sit on it for 40 years, and what a waste of car that would have been. Of course today, the climate of the auto industry being what it is, the idea of investing in new cars makes Enron and Bear Stearns look like a walk in the park. Let's do the math The Z06 Corvette retailed new in 2001 for $47,500, and that's without any other options or dealer markup. GM built a total of 5,773 that first year. When it crossed the block earlier this summer, our subject car was, for all intents and purposes, brand new in the box, but as the result shows, it was far from being worth its original sticker. Selling for $29,400, the $18,100 loss amortized over a seven-year period equals almost $2,600 per year, and that is of course before insurance, storage, transportation to the auction, and seller's commission and fees. Looked at another way (sound of knife twisting), the seller paid $112 for each of the 162 miles he drove this car during his ownership. So much for investment. Having said that, while the buyer didn't steal it, he did come away with a heck of a deal. The CM Price Guide pegs a 2001 Z06 at $26k–$33k for a good condition #2 car. C5 prices are still falling, so that range will be even lower next year. But this was a spotless car in #1 condition. So should the new owner continue to store it? Heck no. The seller's loss should be the buyer's gain here. If those 162 miles were racked up on the original drive home from the dealership and the car was put up, there will likely be some minor reconditioning in order. Even if it sat with gas in the tank and lines, the new owner is looking at maybe a thousand bucks to drain and flush all that, plus all the other fluids. Maybe it needs new tires because the originals flat-spotted, so add maybe another grand or so. $33k all in for an NOS Z06 ain't half bad. And if it is driven lightly and cared for properly, it will still be a low-mileage, desirable Corvette in ten years. If it is driven a lot and racks up a bunch of miles, it will be an average Corvette in ten years. Either way, this Z06 is just a really clean used car, and it will not reach the bottom of the depreciation curve for a long time to come. It will be much more user friendly and enjoyable if it sees regular use. And isn't that what Corvette ownership is all about? ■ www.vettemarket.com SUMMER 2008 Corvette Market 29


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C6 A Selection of C6s that sold recently on eBay mini profiles 2005 Chevrolet Corvette coupe EBay #300238341900. S/N 1G1YY22U655127183. White/black leather. Odo: 33,876 miles. 45 Photos. Huntsville, AL. AL salvage title. “Minor damage to the front right... appears to need the following: Front bumper, headlight, right fender; Repair door; Airbags.” Suspension repaired by seller. “Runs and Drives. Engine and Trans are perfect.” 16 bids, sf 469, bf 155. Cond: 4. CM Analysis SOLD AT $16,102. We have adages to protect us from so many of life's perils: “If it ain't broke don't fix it.” “Friends don't let friends drive drunk.” “Looking at cleavage is like staring into the sun.” Etc., etc. Why don't we have one for salvage titled cars? If the damage is really so trivial, the seller would have fixed it already... especially in a state notorious for title washing. How 'bout this warning: “Looking at salvage is like staring into the sun?” “If it is broke, don't fix it?” “Friends don't let friends buy this?” Well sold, as usual. 2005 Chevrolet Corvette coupe EBay #200233324074. S/N 1G1YY24U655100806. Orange & black/black glass/black & orange leather. Odo: 32,086 miles. 18 Photos. Las Vegas, NV. Thorough repaint to Sunset Orange (original color not mentioned) including engine heads and center console. Lambo doors, replica Z06 wheels, lowered 2 inches. LS2 rebuilt and stroked 4k miles ago to 408 ci, making, “465 rwhp and 440 rwtq...tuned by Dyno Dan of DynoJet... the car get about 15 mpg in the City and 26 mpg highway,” with automatic transmission. 4 bids, sf 175, bf 54. Cond: 2. CM Analysis SOLD AT $27,705. Perfect for an Oregon State Beaver or Princeton Tiger fanatic, but these the seller... in fact, they seem to have hamstrung the winning bid by about $5k. 2005 Chevrolet Corvette coupe EBay #310027766466. S/N 1G1YY24U755100846. Red/gray leather. Odo: 19 miles. 23 Photos. Woodbridge, VA. Highly-rated pawn shop seller claims, “the car you are looking at is the First C6 sold! If you are looking for a very special car you have found it, as there have only been 6 of the cars built during the entire Corvette run from 1953 until now, one for each generation! The First and Last cars of each Corvette generation have become highly prized by collectors and have brought record prices at recent auctions.” Car is pristine, driven barely two miles since delivery only to keep things lubed. 15 bids, sf 3065, bf 18. Cond: 1. CM Analysis SOLD AT $50,100. No proof of purported provenance offered, and lower VINs appear in this very magazine. Hard to believe that story was worth anything, but still someone saw fit to pay 2008 money for an as-new 2005. Without bulletproof paperwork, that's no way to make money. I would say well sold, but in this case it feels more like a good save, as the seller was able to recoup most of the purchase price after three idle years. 2005 Chevrolet Corvette coupe EBay #220253313886. S/N 1G1YY24U255129638. Blue/black leather. Odo: 11,522 miles. 16 Photos (date stamped 6 months before the auction). Enterprise, AL. Step right up folks, get your eleven word description right here: “THIS CORVETTE WAS PREVIOUSLY OWNED BY DRAG RACING LEGEND WARREN JOHNSON!!!” 6-speed. 1 Buy-It-Now bid, sf 619, bf 341. Cond: 2. CM Analysis SOLD AT $32,500. And it is supposed to be a good thing that a kick-ass drag racer used to 2008 Chevrolet Corvette Z06 coupe EBay #300232568395. S/N 1G1YY26E285102546. Black/black & red leather. Odo: 5,960 miles. 15 Photos. Los Angeles, CA. “Brutally Fast. This is probably the sickest Z06 alive... There has been NO PAINT OR BODY ACTION OF ANY KIND.... HAS OVER $13,000 IN PROFESSIONALLY INSTALLED PERFORMANCE UPGRADES: Quality Motorsports 600HP cam, RPM Motorsports Head Work, Ported Throttle Body, Ported Intake and Tune, American Racing Headers, Cross Pipe with High Flow Cats, Borla Black-Cat Exhaust, Killer Bee Vette-Air Cold Air Induction, Callaway Short Shifter, Pfadt Coilovers adjustable for ride quality and height, F/R Pfadt Sway Bars adjustable with bushing kit, Katech Belt Tensioner, Stock Wheels Powder Coated Black, Blackout Treatment on all lenses. 660-670 HP/560 Torque. 570HP to rear wheels with dyno chart to prove. Stock is 505HP/425HP to rear wheels. This car is NASCAR fast and WILL MAKE ANY FERRARI CRY FOR ITS MAMA.” 12 bids, sf 273, bf 2. Cond: 2+. CM Analysis SOLD AT $65,101. It's always a good idea to let someone else take that first whack of depreciathe high eighties. A good find at a market-correct price. tion. MSRP is not mentioned, but it is clear the seller had to have been into this beast for at least 30 Corvette Market SUMMER 2008 www.vettemarket.com own this Corvette? What? Could I interest you in Steve Fossett's compass? How about a llama previously “herded” by Michael Jackson? It is not surprising that celebrity ownership gave no bump to market price here... on the contrary, it is amazing that it didn't make a dent. colors and mods are not for everyone. Accordingly, there was no ROI on these “upgrades” for Condition inferred from seller's 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


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Market Report Overview Spring and Early Summer Corvette Sales Hit $14m Big-block C3s saw some high prices and in some cases outperformed the traditionally more expensive mid-years by Jim Pickering T he spring and summer months are a busy time in the Corvette world, with numerous auctions both here in the U.S. and abroad offering many choices for those in the market for everything from a first- generation 6-cylinder roadster to the newest 505-hp Z06 monster. CM watched as Corvettes crossed the block at nearly every auction from February through June, with many bringing noteworthy prices, despite some instability within the collector car market. In June, analysts Dan Grunwald and Thomas Glatch made their way to Pheasant Run Lodge in St. Charles, Illinois, for Mecum's annual High Performance Auction at Bloomington Gold, where 131 cars found new owners for a final total of just over $8.7m. Numerous rare and high-quality examples were present at this year's event, including a 1971 ZR2 convertible that made high sale at $550,000, a 1969 L88 convertible that brought $435,750, and a 1967 427/400 a/c convertible, which sold at $336,000. These cars were all in excellent condition and had very good documentation, which undoubtedly helped them achieve such high prices. In the past, the high sellers in Bloomington have been C2s, including 2007's sale of the Roby Price '67 427/435 convertible at $467,250 and 2006's sale of Bunkie Knudsen's pink big-block '64 prototype at $367,500. The results this year show an interesting shift, as high-priced big-block mid-years have certainly led to the increase in the values of big-block chrome-bumper Sharks, and several of the C3s on offer this year simply had the right options and condition to outpace the available examples of their older siblings. However, as Grunwald 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 noted at Bloomington, the market for average-condition cars across the board has shown itself to be a bit flat. Cars in good overall condition, regardless of generation, continued to bring decent prices nearly everywhere, but the growth trends seen at the end of '07 seem to have slowed, causing prices to level on cars without high-dollar restorations, lacking in originality, or missing comprehensive documentation. A driver-quality '63 Top Ten Sales This Issue 1. 1971 Corvette ZR2 convertible, $550,000—Lot# S107, p.42 2. 1967 Corvette 427/400 convertible, $336,000—Lot# S73, p.40 3. 1959 Corvette 283/290 convertible, $275,000—Lot# 260, p.52 4. 1967 Corvette 427/435 convertible, $178,750—Lot# SP91, p.58 5. 1967 Corvette 427/390 convertible, $160,628—Lot# SP125, p.60 6. 1967 Corvette 427/400 convertible, $155,100—Lot# SP48, p.60 7. 1957 Corvette 283/283 convertible, $154,000—Lot# SP56, p.50 8. 1967 Corvette 427/400 convertible, $137,000—Lot# T31.1, p.60 9. 1958 Corvette 283/290 convertible, $135,300—Lot# S654, p.50 10. 1961 Corvette 283/270 convertible, $129,800—Lot# 678.1, p.52 Best Buys 1. 1962 Corvette 327/360 convertible, $67,000—Lot# F72, p.36 2. 1957 Corvette 283/270 convertible, $88,000—Lot# 683, p.50 3. 1968 Corvette 427/435 convertible, $55,080—Lot# 587, p.60 4. 1992 Corvette Lingenfelter ZR-1 coupe, $24,675—Lot# F80, p.44 5. 1994 Corvette coupe, $9,400—Lot# F2, p.44 convertible with some light needs found new ownership at McCormick's Palm Springs event for just $29,663, while an exceptional example with the same 300-hp 327, better overall condition, and an interesting history, brought $71,925 at Bloomington Gold. Buyers in the market for a later model car had a good collection to choose from, and as has been the case throughout the past few years, C4s still offered a lot of bang for the buck. As expected, ZR-1s headlined the group, with a six-car package comprised of one from each year of production selling for a combined $231,000 at Bloomington. One of the more interesting of the ZR-1s offered there was a Lingenfelter-tuned 1992 in excellent overall condition and finished in rare-for-a-ZR-1 Bright Aqua Metallic paint. With 475 hp on tap, it was a decent buy at $24,675. As we've seen in the past, excellent restorations or exceptional originality and docu- mentation are key in bringing top dollar in this market, and recent sales have shown a gap in price between cars that have a known history, original components, and excellent, high-level restorations versus those that show years of use and enjoyment. Despite turbulence in the economy, buyers are still willing to pay up for the best, but are getting increasingly picky about anything less. ■ 32 Corvette Market SUMMER 2008 www.vettemarket.com


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Market Report Mecum Auctions St. Charles, IL High Performance at Bloomington Gold A 1971 LS6-equipped ZR2 convertible was the high sale of the weekend at $550,000, while a 1969 L88 convertible brought $435,750 Company Mecum Auctions Date June 27–28, 2008 Location St. Charles, Illinois Auctioneers Mark Delzell, Mike Hagerman, & Jim Landis Corvettes sold / offered 131/292 Corvette sales rate 45% Corvette sales total $8,745,619 Corvette high sale 1971 Corvette ZR2 convertible, sold at $550,000 Every Corvette gets the red carpet treatment in St. Charles Introduction by Dan Grunwald; report and photos by Dan Grunwald and Thomas Glatch Market opinions in italics T he annual Bloomington Gold Corvette extravaganza at Pheasant Run Lodge in St. Charles is a four-day affair with many special events and classes in all areas of Corvettism. If you attend, you can learn some of the finer points of restoration and judging, as well as how to analyze your next possible Corvette purchase. You'll also discover how to make critical decisions about the restoration or preservation of the Corvette you already own. There is a well-attended swap meet with parts vendors selling anything and everything you may need or want for your Corvette, and the major vendors of reproduction parts offer free catalogs and bargains for attendees. Mecum's annual auction started on Friday with sunshine and record crowds. Drivers of the lots on their way to the auction block found it difficult to get through the masses of people gathered around the auction tent, and bidders' seating inside was at a premium both days. The first day of any car auction usually starts a bit slowly, but this sale started off with spirited bidding, which didn't seem to stop until the last car crossed the block. This is best explained in part by the quality and rarity of the Corvettes on offer. Although there were no GM one-off show Mecum Sales Totals $12m $10m $8m cars as in past years, there were plenty of highlevel cars available. There was a collection of 42 Corvettes from the private storage spaces at ProTeam belonging to Fred and Terry Michaelis, and there was no shortage of Survivors with unbelievably low original miles. The European market has long held that a bit of patina is a valuable asset, but the Corvette market is still 34 Corvette Market SUMMER 2008 www.vettemarket.com $6m $4m $2m 2008 2007 2006 2005 2004 2003 2002 Buyer's premium $300 on the first $5,499, $500.00 from $5,500 to $9,999, 5% thereafter, included in sold prices somewhat new to that concept, and many of the original cars offered didn't sell due in part to high reserves and the cars' saturation at this event. Many beautifully restored Corvettes were also avail- able, including the '55, '56, and '57 serial number one Corvettes offered by George Swartz and Al Wiseman. All three were in factory-new condition, and even though the trio was bid to a combined $2,700,000 ($850k, $900k, and $950k, respectively), they went unsold. A rare 1971 LS6-equipped ZR2 convertible was the high sale of the weekend at $550,000, while a 1969 L88 convertible totaled $435,750 (see the “C3 Profile,” p. 24). There were also some rather pedestrian highlights, such as a 1979 coupe with 875 original miles that pulled in $27,300 and an '81 with 2,998 miles that traded hands at $26,500. Both seemed like hefty prices, but they were each basically as-new, and it was rare with these models to save them for future profit. This year's final total was up from $8.2m last year to $8.7m, with a respectable 45% sold. There seemed to be a general consensus coming into this event that the market for the mid-range cars was a bit flat. This is not to say the cars were cheap or getting cheaper; they just weren't seeing the stratospheric price increases we've seen over the past seven or eight years. That was not necessarily a bad thing here, as newer collectors were able to get into decent, interesting Corvettes at reasonable prices. ■


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Market Report C1 #F66-1955 CHEVROLET CORVETTE roadster. S/N VE55S001576. Gypsy Red/light beige. Odo: 25,313 miles. 265-ci 195-hp V8, 4-bbl, auto. Very good paint and interior, decent engine compartment with non-original small-block engine. Period aftermarket hard restored car that was ready to be shown, and the price paid was fair for a fuelie of this caliber. top with mild scratches on Plexiglas, original side curtains and bags. A good looking '55 that can be driven and shown. Cond: 2. SOLD AT $75,525. Despite their shortcomings, there is a certain mystique to these early Corvettes. This was not a Top Flight restoration, but it won't end up as a “trailer queen,” either. Well bought. #S59-1955 CHEVROLET CORVETTE roadster. S/N E55S001594. Polo White/tan cloth/red vinyl. Odo: 25,540 miles. 265-ci V8, 4bbl, auto. Two owners since new. Very original, with older repaint showing cracks, chips, and some color mismatch. Original-miles car with surround. Body as good as original, interior clean and well-fitted. Optioned with power windows. Cond: 1. SOLD AT $80,000. This car wore a brand-new high-quality restoration, and there was little to fault anywhere. Well bought at this price despite being fitted with a Powerglide slush box. #F122-1959 CHEVROLET CORVETTE convertible. S/N J59S101579. Panama Yellow & white/white cloth/black leather. Odo: 79,902 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Very good respray to a better-than-factory standard. Good chrome with some pits and wear, new seats and original spare tire. Snaps added to dash for tonneau cover. Cond: 3-. SOLD AT $84,000. This was one of the most original '55s around. 1955 was the only year a V8 was available in this body style, and the popularity of the new 265-ci V8 meant that only seven were built with the old 235-ci straight 6. Bought fairly as an original car, but I don't imagine the new owner will drive it much. #F126-1957 CHEVROLET CORVETTE convertible. S/N E57S103691. Venetian Red & white/white cloth/red leather. Odo: 57,466 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Paint and chrome in excellent condition; restored interior shows little use. Engine compartment clean and done to GM specs. A good car for both show and go. Cond: 2. SOLD AT $79,800. It's hard to resist a red '57 Corvette, especially a fuel-injected one. This was a well- 36 Corvette Market SUMMER 2008 www.vettemarket.com nice trim and glass. Restored interior shows no issues. Good engine compartment done to original specs. Nice overall. Cond: 2. SOLD AT $57,750. The classic '50s look, although Chevrolet did not offer Panama Yellow in 1959 (it was a 1958 color). Clearly the new owner didn't care, since it sold at a fair price here. Best Buy #F72-1962 CHEVROLET CORVETTE convertible. S/N 20867S113296. Tuxedo Black/black cloth/red vinyl. Odo: 2,620 miles. 327-ci 360-hp fuel-injected V8, 4-sp. 2,620 engine compartment fitted with factory a/c. Not show quality, but great looking nonetheless. Cond: 2. SOLD AT $71,925. From the Fred and Terry Michaelis Personal Reserve Collection, this '63 was delivered in primer and is one of 278 built that year with a/c. It's thought to be a COPO or VIP car. Price was very high for a base-engine, decent-condition '63, so the interesting history (or maybe the red paint and knockoffs) may have influenced the bidding. #F112-1963 CHEVROLET CORVETTE coupe. S/N 30837S111934. Riverside Red/ black leather. Odo: 42,404 miles. 327-ci 300hp V8, 4-bbl, 4-sp. Supposedly a frame-off restoration ten years ago, but it didn't show here. Paint and chrome only fair with pits evident throughout. Original interior quite good with only minor wear; engine and undercarriage clean. An average car. Cond: 3. NOT SOLD AT $49,875. This red Split-Window looked #S53-1958 CHEVROLET CORVETTE convertible. S/N J58S107212. Signet Red & white/black vinyl/red vinyl. Odo: 2,196 miles. 283-ci 250-hp fuel-injected V8, auto. Great new paint and chrome, including windshield Mecum Auctions St. Charles, IL miles since full restoration. Paint, chrome, interior, and engine all excellent. Some scratches on hard top's Plexiglas rear window. A nearperfect restoration. Cond: 2+. SOLD AT $67,000. Last seen at Mecum's Spring Classic in Indianapolis in May '08, where it sold at $78,750. A black and red '62 fuelie is a striking Corvette. This was not genuine enough for Bloomington Gold, but it was a very desirable show/drive car nonetheless, and it was a bit of a bargain at this price. Well bought. C2 #F92-1963 CHEVROLET CORVETTE convertible. S/N 30867S118439. Riverside Red/saddle leather. Odo: 97,185 miles. 327ci 300-hp V8, 4-bbl, 4-sp. Factory hardtop. Body-on restoration with excellent (though over-restored) paint. Good chrome, knockoff wheels fitted. Interior looks original and has expected wear associated with miles. Average


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Market Report Mecum Auctions St. Charles, IL off; driver's side armrest cracked. Paint missing on console, some yellowing to original white vinyl seats and door panels. Engine looks very original, other than plug wires and radiator hoses. Factory knockoff wheels and bias-ply tires. Solid frame. Windshield chipped. Cond: 3-. SOLD AT $91,875. Looks to be a definite Survivor contender, which makes the condition grade pretty much irrelevant. Well bought and sold with that in mind. good from a distance, but it was not much more than a driver when viewed up close. A thorough cleaning and detailing would have gone a long way here, and once that's completed, this car could be a very nice driver and show contender. Bidders must have thought so too, since it sold at a fair price. #F94-1963 CHEVROLET CORVETTE coupe. S/N N/A. Sebring Silver/black leather. Odo: 46,040 miles. 327-ci 300-hp V8, 4-bbl, auto. Fitted with ps, pb, and pw. Claimed matching-numbers and correct mileage, stored inside over the last 19 years. Original looking paint in excellent condition, with some bonding strip locations visible. Chrome and interior with slight wear. Engine compartment only fair, but could #F23-1966 CHEVROLET CORVETTE convertible. S/N 194676S113022. Sunfire Yellow/black vinyl/black leather. Odo: 14,875 miles. 327-ci 300-hp V8, 4-bbl, 5-sp. Nice newer paint with stick-on vinyl paint protectors on front end. Globby windshield weatherstripping, new top with a tiny hole on #F102-1966 CHEVROLET CORVETTE convertible. S/N 194676S104807. Rally Red/ white cloth/red leather. Odo: 38,519 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Excellent paint without notable issues, smooth body, good chrome. Very nice interior and engine. Fitted with Goldlines, knockoffs, and side exhaust. Looks stunning from any distance. Cond: 2. SOLD AT $86,100. A great looking Corvette powered by the turbine-smooth 390-hp 427. What's not to like? Even the sale price was about right, and it was much less than the equivalent 425-hp version. Well bought and sold. #F34-1967 CHEVROLET CORVETTE right-hand side. Well detailed non-original engine, leaking master cylinder. Keisler 5-speed manual transmission and new leather seats. Cond: 2+. SOLD AT $45,938. A well restored and tight car with only minor details to be looked after. Sure to turn heads everywhere. The replacement engine helped make this car quite affordable for the new owner, and as a 5-speed-equipped driver, it's hard to beat. #F120-1966 CHEVROLET CORVETTE be detailed. Fitted with period aftermarket rear seat. Cond: 2. SOLD AT $45,413. Originally owned by a Chevrolet dealer, this Split has had only four owners and had been carefully stored over the years. Base-engine 300-hp cars are often ignored, but this was a strong original car with good history and documentation. The buyer got a deal at this price. #F95-1965 CHEVROLET CORVETTE coupe. S/N 194375S108160. Rally Red/white vinyl. Odo: 53,813 miles. 327-ci 375-hp fuelinjected V8, 4-sp. Original paint with lots of chips and touch-ups visible, age and wear to original chrome. Teak wheel with finish worn coupe. S/N 194376S107499. Milano Maroon/ saddle leather. Odo: 93,672 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Restored in 2002, earned NCRS Second Flight in 2005 with 91.9 points. Matching numbers, mileage claimed to be original. Fitted with F41 suspension, teak coupe. S/N 194377S104929. Marina Blue/blue vinyl. Odo: 74,782 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Recently restored with excellent paint and chrome. Well-restored interior shows no wear. Excellent engine compartment done in the original style. Options include a/c, factory alloy wheels, and sidepipes. Full documentation. Cond: 1-. SOLD AT $65,100. A nicely restored car with plenty of factory options. The 350-hp small-block is great fun to drive, and this car had the look of the '67 without the price of a big-block. Well bought. #F74-1967 CHEVROLET CORVETTE convertible. S/N 194677S112218. Red & white/ white vinyl/white vinyl. Odo: 88,533 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Shiny new wheel, tilt/telescopic steering, side exhaust, ps, and pw. Excellent paint, chrome, interior, and engine. Not perfect, but close. Cond: 1-. SOLD AT $76,650. The 390-hp '66 big-blocks often get shunned in favor of their 425-hp brethren, but for everyday driving, the milder engine is far better. This nicely redone example will turn heads wherever it goes, and it'll be a joy to drive doing so. The price was about average for '66 390-hp cars, but this was an above-average car. A great buy. 38 Corvette Market SUMMER 2008 www.vettemarket.com


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Market Report TOP 10 #2 #S73-1967 CORVETTE Mecum Auctions St. Charles, IL paint and chrome, door gaps a bit wide; at top. Engine detailed to factory specs. Fitted pb, ps, pw, and a/c. Cond: 1. SOLD AT $106,050. This car had great eyeball, great colors, a beautiful restoration, and was air conditioned. There was enough here for the new owner to break through the six-figure barrier to get it, and considering this car's options and condition, the price paid was not out of line. CHEVROLET convertible. S/N 194677S114190. Tuxedo Black & red/black vinyl hard & soft tops/black vinyl. Odo: 72,210 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Bloomington Gold Award in 2004, NCRS Top Flight in 2003. Fitted with sidepipes, a/c, and ps. Claimed to be matching-numbers and black leather. Odo: 61,965 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Recent respray very good, with no waves or orange peel. Excellent chrome; nice trim and glass. Interior slightly worn but still good. Engine and chassis clean and well-presented. Not show quality, but a great looking Corvette built to enjoy. Cond: 2. SOLD AT $54,075. Even in Bloomington Gold condition, these base-engine coupes are not worth a lot. This one had a replacement 1965 350-hp engine, side exhaust, a/c, and a recent restoration, and considering its nice condition and non-matching numbers, the price paid was fair. C3 #X19-1969 CHEVROLET CORVETTE identified as a COPO car. 240 miles since restoration by Nabers Brothers. Fitted with four NOS Kelsey-Hayes bolt-on finned aluminum wheels and transistorized ignition. All documentation included. Cond: 1. SOLD AT $336,000. Showroom new in all respects, and one of the top three earners in this year's sale for good reason. Well bought and sold. #S127-1967 CHEVROLET CORVETTE convertible. S/N 196477S121651. Lynndale Blue/teal vinyl. Odo: 52,449 miles. 427-ci 435hp V8, 3x2-bbl, 4-sp. Good paint with some stone chips; nice interior and top. Lots of stone chips to windshield. Factory-detailed engine, clean chassis. Paperwork from birth, said to be an original-miles car. Claimed never to have history. Fitted with transistorized ignition, F41 suspension, ps, pb, and tinted glass. Numbers matching. One of 102 fitted with a heavy-duty clutch. Cond: 1-. SOLD AT $93,450. From the Fred and Terry Michaelis Personal Reserve Collection. This had some rare options and was really nice inside and out, and it sold quite well at the price paid. been hit. Fitted with transistorized ignition, F41 suspension, side exhaust, and tinted AM/ FM radio. Cond: 2+. SOLD AT $120,750. Lynndale Blue is my favorite color on a '67, and this was a rather nice car that sold at just under what the CM Price Guide would suggest. Well bought. #F98-1967 CHEVROLET CORVETTE coupe. S/N 194377S122218. Tuxedo Black/ 40 Corvette Market SUMMER 2008 www.vettemarket.com #F33-1969 CHEVROLET CORVETTE convertible. S/N 194679S733439. Monaco Orange/white vinyl/tan vinyl. 350-ci 350-hp V8, 4-bbl, auto. Numerous paint flaws to older paint, top showing age with worn edge trim and one hole. Good chrome and exterior trim, nice glass. New seats, other interior areas show age. Optioned with tilt/telescopic column, pw, pb, and a/c. Engine has emissions pump intact. Some serious rust visible in windshield surround. Cond: 3. SOLD AT $22,050. A driver- original engine compartment, new tires, exhaust, and brakes. Clean throughout. Cond: 2. SOLD AT $21,525. These 350-hp small-block Corvettes delivered good performance without the cost and hassles of the high-strung LT1 option. This one looked great inside and out, and it sold at a good price for both concerned. #F18-1970 CHEVROLET CORVETTE coupe. S/N 194370S410640. Daytona Yellow/black vinyl. Odo: 60,947 miles. 454-ci 390-hp V8, 4-bbl, auto. Frame-off restoration coupe. S/N 194379S731205. Tuxedo Black/ black vinyl. Odo: 12,609 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Repaint rubbed through right side of hood and checking at rear of passenger door. Mileage claimed correct. Tank sticker, build sheet, Protect-O-Plate, and three-owner Fitted with a/c, pb, tilt/telescopic column, ps, and AM/FM radio. Nice overall. Cond: 2-. SOLD AT $24,700. From the Bob McDorman Collection, and proudly proclaimed to be the fifth 1969 Corvette built. So what? In the end, this is nothing more than a nicely optioned base-engine '69 in decent condition. Worth what it sold for and no more. #F46-1970 CHEVROLET CORVETTE convertible. S/N 194670S407351. Bridgehampton Blue/black vinyl. Odo: 80,550 miles. 350-ci 350-hp V8, 4-bbl, auto. Excellent paint might be a respray. Very good chrome with no issues, nice interior with normal wear on parking brake handle and console. Clean level 'Vette with flash, but in serious need of windshield surround repair. This shouldn't be taken lightly, as it's complicated and expensive—especially on a convertible. Well sold. #F48-1969 CHEVROLET CORVETTE coupe. S/N 194379S700005. Daytona Yellow/ black leather. Odo: 7,730 miles. 350-ci 300-hp V8, 4-bbl, auto. Body and paint show no issues, good interior with clean leather and some wear on console. Average original engine compartment with numbers-matching engine.


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Market Report Mecum Auctions St. Charles, IL hood from support brace and radiator core support. Various chips and nicks in paint, some wear on console and seats. Tank sticker with special paint code (black). A three-owner car. Cond: 2. SOLD AT $60,900. Started and ran smoothly and solidly. Sold very well, even with an LT-1. The demand on the LT-1 small-block cars is fast outstripping the supply, and we're seeing prices slowly climb. Well bought and sold considering the options and condition. with excellent paint and chrome. Very good interior with slight wear to seats and carpet. Clean engine compartment. Not Bloomington Gold Certification-quality, but very well done. Cond: 2. SOLD AT $28,088. This was quite a Corvette—a frame-off restoration, a 390-hp 454, a/c, and many more options. At $28k, I'd call it a steal. #F60-1971 CHEVROLET CORVETTE coupe. S/N 1943711S117691. Mulsanne Blue/ black leather. Odo: 18,425 miles. 350-ci 270hp V8, 4-bbl, auto. Optioned with a/c. Respray dates from 1982 and is still in very good condition, although it has been touched up in two TOP 10 #1 #S107-1971 CHEVROLET CORVETTE ZR2 convertible. S/N 194671S117850. Ontario Orange/ black vinyl. Odo: 21,020 miles. 454-ci 425hp V8, 4-bbl, 4-sp. Good paint, chrome, and interior. Wiper door sits high, front cowl vent panel not screwed down tightly. Hood fit wide on left, hood release doesn't work. Looks to be body-off restored. Part of the 1999 Bloomington Gold Special Collection, the 2003 Bloomington Gold Hall of Fame, and the 2000 National Corvette Museum exhibit. Original factory Corvette Order Copy comes with car. Cond: 2+. SOLD AT $550,000. With engine compartment clean. Fitted with ps, pb, and a/c. A well-maintained, mostly original Corvette. Cond: 2. SOLD AT $18,113. The '73 Corvettes have a unique look, with the “soft” nose and traditional Kamm tail. This one looked great, and the 454 engine undoubtedly gave it excellent cruising power. A well-bought car that is beginning to appreciate and can be enjoyed while it does. #S16-1973 CHEVROLET CORVETTE convertible. S/N 1Z67J3S402586. Elkhart Green/white vinyl/tan leather. Odo: 67,751 miles. 350-ci 190-hp V8, 4-bbl, auto. Decent new paint, some pitting on chrome rear bumpers. Aftermarket radio, very light interior wear. Very clean under the hood. Cond: 2. SOLD AT $21,000. Last seen at this event in '07, where it sold at $28,875 (CM# 45601). It was fitted with the anemic 190-horsepower engine and an automatic, but it still has the chrome in back. Sold slightly above the Corvette Market Price Guide, but well below the price paid last year. places. Interior looks original with minor wear. Recently detailed engine compartment shows well. A good looking, mostly original Corvette. Cond: 2. SOLD AT $19,950. This low-mile Shark sold for a fair price. Even though it had a/c, the base engine will never make it terribly valuable. Still, it will make a great cruiser for many years to come. #S15-1971 CHEVROLET CORVETTE LT-1 COPO coupe. S/N 194371S114576. Black/black leather. Odo: 48,541 miles. 350ci 330-hp V8, 4-bbl, 4-sp. Thick, shiny black paint with normal light corner cracking in usual spots, rivet bumps showing in front of only twelve built and only two of them convertibles, the ZR2 cars are rare and highly sought by collectors. The ZR2 came from the factory with the LS6 V8, the M22 “Rock Crusher” 4-speed, transistor ignition, special radiator, and many special suspension parts. This was claimed to have the last build date of any known ZR2, which makes it the last car GM ever built with the LS6 big-block. Fast and rare, even though it will never be driven to its potential again. Although expensive, worth the money spent. #F24-1973 CHEVROLET CORVETTE coupe. S/N 123723S409525. Elkhart Green/ dark saddle leather. Odo: 70,403 miles. 454-ci 275-hp V8, 4-bbl, auto. Panel gaps and body typically varied, 70% original paint in good condition throughout. Chrome unmarked and showing well. Interior has only minor wear, #F118-1973 CHEVROLET CORVETTE convertible. S/N 1267J35429293. Mille Miglia Red/black vinyl/black leather. Odo: 57,399 miles. 350-ci 190-hp V8, 4-bbl, 4-sp. Engine and transmission claimed to be original. Very good respray, with small pits and spider cracks on nose. Earlier Rally wheels fitted. Nice original interior with only minor wear on console. Clean engine compartment, factory alarm system still installed and apparently still functional. Cond: 2. SOLD AT $18,375. We've seen more interest in early-'70s Corvettes, and the '73 offers a unique one-year look combining both the plastic nose and earlier chrome rear bumpers. This one looked very nice and should make a nice driver that shows well. Well bought at this price. #Y5-1977 CHEVROLET CORVETTE coupe. S/N 1Z37L7S426024. Maroon/buckskin 42 Corvette Market SUMMER 2008 www.vettemarket.com


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hp Corvette. A premium was paid for the low original mileage on this car, which is from one of the least desirable eras in Corvette production. At least it wasn't dark brown. Well sold. #F20-1980 CHEVROLET CORVETTE leather. Odo: 59,308 miles. 350-ci 180-hp V8, 4-bbl, auto. Chrome pitting on door handles, left side handle sags. Decent if somewhat thick repaint. Interior panels and steering wheel dirty, driver's seat shows wear with a couple of holes. Chrome luggage rack fitted, engine well cleaned. Cond: 2. SOLD AT $11,550. In most places, a 31-year-old, 59k-mile car would stand out, but here it was just another Corvette. Cleaning the inside might have helped, but as it was, someone bought it fairly. #F32-1978 CHEVROLET CORVETTE coupe. S/N 1Z87L8543060. Corvette Yellow/ dark brown leather. Odo: 55,439 miles. 350-ci 185-hp V8, 4-bbl, auto. Excellent paint was probably resprayed at one point. Good chrome and trim with some wear and pits. Very good original-looking interior shows minor wear to seats and carpet, updated radio installed. Bird painted above crossed flag emblem on driver's side. Engine compartment an unknown, as the car was locked. Looks good all around. Cond: 2. SOLD AT $10,700. The Tweety Bird painted on the side made me think it had been a pampered car owned by a Corvette gal. $10,700 to make the wife or girlfriend happy? Why not? Vintage aftermarket Turbine wheels fitted. In very good condition overall. Cond: 2. SOLD AT $5,300. Corvette Yellow paint with a dark brown interior is an unusual and attractive combo for a '78 Corvette. Get rid of the ugly aftermarket wheels and it would be even more attractive. Even though this car was an example from the low point in Corvette performance, it would have made a good driver at this price. #F134-1978 CHEVROLET CORVETTE coupe. S/N 1Z57L85429899. White/light beige leather. Odo: 35,455 miles. 350-ci 185-hp V8, 4-bbl, auto. Very good original paint with only minor wear and stress cracking visible. Nice alloy wheels and chrome, good trim and glass. Interior shows slight wear throughout. Engine and underhood area clean and detailed as-new. Looks to be very original. Cond: 2. SOLD AT $11,025. Who says you can't afford a nice Corvette? This was a great '78 that looked largely original and showed really well (although it needed better tires). Cars like this #F35-1979 CHEVROLET CORVETTE coupe. S/N 1Z8789S44O914. Red/white leather. Odo: 875 miles. 350-ci 195-hp V8, 4-bbl, auto. Typical factory fit and finish on a low-mile original car. Windshield delamination starting. Fitted with leather seats, a/c, and pw. Couple of light scratches to front paint, other fit and finish as-new from GM. Original window sticker lists price at $13,030. Cond: 1-. SOLD AT $27,300. An almost as-new 195- specs. Light paint chips on some interior trim, clean seats and carpet. The 72nd car to come from the Bowling Green plant after production moved from St. Louis in 1981. Cond: 2. SOLD AT $26,500. This low-miles original must be rare because this vintage of Corvette wasn't often saved. I have always wondered why the factory quit doing two-tone color schemes as on the great '50s cars—perhaps color combos like this were the reason. Expensive, but find another low-mileage example in this condition. #F44-1982 CHEVROLET CORVETTE Collector Edition coupe. S/N 1G1AY0781C5111536. Silver Beige/multitone silver & beige leather. Odo: 13,781 miles. 350-ci 200-hp fuel-injected V8, auto. Odometer claimed correct and car looks the www.vettemarket.com SUMMER 2008 Corvette Market 43 are inexpensive now and will never appreciate much, so why not enjoy it? A good buy. #F26-1979 CHEVROLET CORVETTE coupe. S/N 128789S429261. Yellow/saddle leather. Odo: 40,178 miles. 350-ci 195-hp V8, 4-bbl, auto. Very good body and custom paint with pinstripes, clean interior, with little wear. Nose a slightly different shade than body, as is typical in this generation of Corvette. Tweety 1980 Corvette brochure for good reason—it's a great looking car. If you are going to own a late third-generation Corvette, this two-owner car would have been something to consider. A great car at a fair price considering its condition, options, and documentation. #F63-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8762B5100072. Beige & dark bronze/camel leather. Odo: 2,998 miles. 350-ci 190-hp V8, 4-bbl, auto. Front and rear flex bumpers starting to change color as is typical in this generation of 'Vette. Light delamination starting on windshield at corners. Right headlight door sits high, other panel gaps to factory coupe. S/N 1Z8781AS424428. Yellow/doeskin leather. Odo: 27,000 miles. 350-ci 190hp V8, 4-bbl, auto. Very good original paint and trim, excellent original interior. Engine compartment dirty but could be detailed. Fitted with ps, pw, pb, pl, and a/c. Mileage claimed to be correct, with original tires and all paperwork and documentation from new. A well-maintained Corvette. Cond: 2. SOLD AT $16,000. A yellow car was on the cover of the


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Market Report Mecum Auctions St. Charles, IL a heated garage since new and only driven on sunny days. Very clean engine, original window sticker. Cond: 2+. SOLD AT $18,375. This looked like a well-cared-for 35k-mile car, and it felt pretty honest throughout. Well bought, and the new owner can drive it sparingly and sell it in a few years without losing any money. part. Near-flawless paint and graphics, interior shows only the slightest wear. Clean engine with cruise control and HD cooling. Fitted with Gymkhana suspension, power seat, pl, and power outside mirrors. Was a radio-delete car, aftermarket radio added. A strong candidate for Bloomington Gold Survivor status. Cond: 2. SOLD AT $18,900. The 1982 Collector Editions are about the only late C3 Corvette to show any appreciation in the market. This one was very attractive, and it was about as nice as you'll find one that's had some use. A fair price for both buyer and seller. #F52-1982 CHEVROLET CORVETTE coupe. S/N 1G1AU8786C5101146. Silver & Dark Claret/dark red leather. Odo: 71,343 miles. 350-ci 220-hp fuel-injected V8, auto. Excellent original paint and chrome with only the slightest visible wear. Good original Corvette market, considering the performance it provides for the money. This package was bought up by one buyer at a cost of $38,500 per car, which was a little ahead of the current market, as good cars can be found in the lower $30k range. Well sold. Best Buy #F80-1992 CHEVROLET CORVETTE Lingenfelter ZR-1 coupe. S/N 1G1YZ23J5800207. Bright Aqua Metallic/ black leather. Odo: 47,800 miles. 350-ci 475-hp fuel-injected V8, 6-sp. Nice factory paint, clean interior with normal wear. Engine compartment shows regular maintenance. Fitted with Lingenfelter performance package, 3.92 performance gearing, Borla SS exhaust, interior, and engine all look almost new. Cond: 1-. SOLD AT $9,400. While nothing really special, this '94 coupe was in great shape and had a nice Polo Green/beige color scheme. Another excellent Corvette for the first-time owner, this saw limited interest, and it should have brought about double what was paid here. Very well bought. interior shows some light use and minor dirt. Good engine compartment could be detailed up a few levels. Very good overall condition for the mileage. Cond: 1-. SOLD AT $12,863. The last year for the C2, and obviously a wellmaintained car. These are nice drivers and make fine first Corvettes. This was the right price for a very nice original car, so the buyer should be pleased. C4 #S33-1991 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J5M5801856. Red/red leather. Odo: 6,885 miles. 350-ci 375hp fuel-injected V8, 6-sp. Sold as a package with lots S32, S34, S35, S36, and S37, all of which are ZR-1s from each production year between 1990 and 1995. Factory-new inside and out with 6,885 miles on the odometer. Cond: 1. SOLD AT $231,000. ZR-1s are still trying to get some respect in the market, unlike when they first came out. When bought fairly, the ZR-1 is one of the few bargains in the 44 Corvette Market SUMMER 2008 www.vettemarket.com Wilwood 6-piston disc brakes, FX3 suspension, and dual removable roof panels. Very good California car. Cond: 2. SOLD AT $24,675. ZR-1 Corvettes are a performance bargain, and this one, with modifications by Chevy wizard John Lingenfelter, was an absolute steal. The factory Bright Aqua Metallic paint is rare (especially for ZR-1s), the brakes have been upgraded, and it has 475 hp. What more could you want for less than $25k? #F107-1993 CHEVROLET CORVETTE 40th Anniversary coupe. S/N 1G1YY23P1P51O9377. Ruby Red Metallic/ maroon leather. Odo: 34,917 miles. 350-ci 300-hp fuel-injected V8, 6-sp. Good paint and panel gaps, interior shows usual driver's side seat bolster wear. 40th Anniversary package, Bose stereo. Claimed to have been stored in S36. Light wear on driver's seat bolster, several small paint chips in front. Cond: 2+. SOLD AT $231,000. Another almost-new ZR-1. It was bought new and put away looking for a profit, and it'll need to remain in this condition for that to be a possibility in the future. #S111.1-1995 CHEVROLET CORVETTE Guldstrand Nassau roadster. S/N 1G1YY32P9S5105416. Guards Red/beige cloth/beige leather. Odo: 13,000 miles. 350ci 420-hp fuel-injected V8, auto. Gulstrand custom Nassau Roadster SN 001. Chips and nicks in paint, seats show dirt and wear. Clean engine with light corrosion on alternator. #S37-1995 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ22J8S5800215. Yellow/black leather. Odo: 8,960 miles. Another part of the six-car ZR-1 package sold together with S32, S33, S34, S35, and Best Buy #F2-1994 CHEVROLET CORVETTE coupe. S/N 1G1YY22P9R5107821. Polo Green Metallic/beige leather. Odo: 64,987 miles. 350ci 300-hp fuel-injected V8, auto. In excellent original condition despite the mileage, with only the slightest wear showing. Paint, wheels, trim,


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Market Report Mecum Auctions St. Charles, IL Vortec Supercharger, three owners from new. Corvette Fever magazine and SEMA car. The first of nine built. Cond: 2. SOLD AT $37,275. Three owners in 13,000 miles suggests light use, and the condition confirmed the mileage. Should there be a rule that prohibits painting a Corvette Porsche Guards Red? Another example made $57,200 at RM's sale of the Al Wiseman Collection in December '07 (CM# 47756; CM cover car, Spring 2008), and although this one had more miles, it should still be considered a decent buy at this price. C5 #F8-1999 CHEVROLET CORVETTE convertible. S/N 1G1YY32G6X5118843. Torch Red/black cloth/black leather. Odo: 81,890 miles. 5.7-liter 345-hp fuel-injected 162 miles. 5.7-liter 385-hp fuel-injected LS6 V8, 6-sp. Mileage claimed correct from new, and it looks the part. Essentially a new 2001 Z06 looking for a new owner. Cond: 1. SOLD AT $29,400. Still new in the wrapper. Used Z06s from the first year of production are selling in the mid- to low-$20k range, so this was not a huge premium to pay for one that's still showroom-fresh. No real upside in the immediate future, so the new owner might as well enjoy it. (See “C5 Profile,” p. 28.) #S31-2001 CHEVROLET CORVETTE Z06 coupe. S/N 1G1YY12S615135254. Quicksilver/black leather. Odo: 1,905 miles. 5.7-liter 385-hp fuel-injected LS6 V8, 6-sp. Under 2,000 miles on odometer. As-new with C6 #F47-2005 CHEVROLET CORVETTE coupe. S/N 1G1YY24V555100005. Red/black leather. Odo: 12,742 miles. 6.0-liter 400-hp fuel-injected V8, 6-sp. Several tiny chips in paint with typical factory flaws noted, passenger wiper arm needs adjustment. Unique rear hatch surround panels fitted, which are special to this early-production car. Cond: 1. SOLD AT $31,500. A basically new low-number 2005 with some unique early custom items. A market price for an as-new first-year C6, and not a bad buy considering the extra pieces. #F106-2006 CHEVROLET CORVETTE memory package and side moldings. Cond: 1. SOLD AT $27,563. Two thousand miles in seven years? The owner either didn't like this car or loved it too much, and if he bought it new, he lost serious money on it as well. Nonetheless, he found the upper end of the fair market value here. #F124-2003 CHEVROLET CORVETTE Custom Z06 convertible. LS1 V8, auto. Excellent condition despite the miles. Paint, interior, engine all only slightly worn. Nice top, recent tires. Obviously enjoyed yet well cared for. Cond: 1-. SOLD AT $18,375. Here was a chance to own a modern C5 Corvette convertible at an affordable price. The miles were a bit high, but the car was clearly pampered, so the new owner won't likely have any mechanical issues to deal with in the near future. Well bought. #S23-2001 CHEVROLET CORVETTE Z06 coupe. S/N 1G1YY12S015127926. Bright Red/black & red leather. RHD. Odo: badging, wheels, and drivetrain fitted. Cond: 1-. SOLD AT $32,025. Chevrolet never built a Z06 convertible, and this owner spent over $20,000 creating one using factory parts. It was very well done and looked pretty convincing. The novelty of the car must have attracted some buyers, and the car sold at what must have been a fraction of what it cost to build. Sold at market value for an '03 convertible without the Z06 options. 46 Corvette Market SUMMER 2008 www.vettemarket.com S/N 1G1YY12S635110549. Black/black cloth/ black leather. Odo: 29,700 miles. 5.7-liter 405hp fuel-injected V8, 6-sp. Excellent overall condition, with mirror-like paint, nice glass and top, and aftermarket domed hood. Z06 climate control, and upgraded red brake calipers. Original wheels included. Looks very well cared for. Cond: 1-. SOLD AT $35,175. This was a great looking Corvette with only light use, and it would have made an excellent driver at a huge savings over new. Cars like this are still sliding down the new car depreciation slope, but this was still a market-correct price. ■ coupe. S/N 1G1YY26U165116734. Velocity Yellow/black leather. 6.0-liter 400-hp fuel-injected V8, 6-sp. A clean two-year-old C6 with only the slightest wear showing. Fitted with Z51 package, head-up display, custom wheels,


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Market Report Global Roundup Corvettes across the block 81 Corvettes Total $5.1m in Sales Big-blocks are still king of the hill, but it took great condition and documentation to bring big prices Reports and photos by Carl Bomstead, B. Mitchell Carlson, Paul Duchene, Chip Lamb, Chuck Leighton, Norm Mort, Dale Novak, Rob Sass, and Phil Skinner Market opinions in italics I f there's a collector car auction anywhere, chances are there will be a few, or maybe many, Corvettes crossing the block. As America's most popular sports car, there will always be those who need to have one, and those who need to buy one. The spring and summer months saw a large number of Corvettes sell at venues from Palm Springs, California, to Palm Beach, Florida, with many stops in between. As always, Corvette Market's analysts were in the field to cover the cars as they crossed the auction block. C1s were again solid, with a handful of 1954 roadsters at different locations bringing market prices for their conditions. The most expensive of these was a strong #2 car that brought $95,700 at RM's Fort Lauderdale auction, while other driver-level examples sold at prices in the $70k–$80k range in Florida. If you need to have a C1, we continue to maintain that the 1954s offer the most fun for the buck, being functionally equivalent to the rarer and much more expensive '53. The market for driver-level cars has cooled slightly, and this was especially evident with C2s across the board. Big-block cars were still king of the hill, but it took excellent condition and documentation to bring big prices. A nicely restored, Bloomington Gold-certified 1967 427/435 convertible brought $178,750 at RM's Fort Lauderdale sale, while only $29,663 was needed to buy a driver-quality '63 convertible, with a fair number of modifications, at McCormick's Palm Springs event. The same trends seen with C2s held true with C3s as well, as early big-block cars in excel- lent condition continued to bring the highest prices, while small-block drivers remained relatively level. Just under $20k would have bought any number of chrome-bumper, base-engine, smallblock coupes, while a '69 427/435 convertible with a claimed 37k original miles sold at $107,800 at Barrett-Jackson's West Palm Beach auction. Several ZR-1s were available, selling at prices from $20k for a used example to nearly $50k for a car “in the wrapper.” Numerous other C4s and C5s also sold, and for the most part they brought prices in line with current used-car price guides. Not yet appreciating, these cars make great drivers for the money. Z06s were the best bang for the buck, with Carlisle's Spring auction offering both a 2001 and 2002 in excellent overall condition. Both changed hands, bringing $21,525 and $26,250, respectively. Despite a turbulent market, high-quality examples from every generation are still seeing re- spectable numbers across the auction block, but it is clear that the buying frenzy of the past 24 months has leveled off, and that buyers are being more thoughtful about how they part with their money. If you're thinking of selling your Corvette, we advise taking extra time to get all your documentation in order, and to pay attention to every detail. Sellers are going to pick your car apart; don't give them reasons to be disappointed. ■ C1 #684-1954 CHEVROLET CORVETTE roadster. S/N E54S002316. Polo White/tan canvas/red vinyl. Odo: 76,930 miles. 235-ci 155-hp straight 6, 3x1-bbl, auto. Driver's door out at bottom, hood fit off. Chrome and brightwork scratched and dented in various areas. Driver-quality paint shows flaws, lacks luster, and is heavily touched up. Excellent newly-fitted seats, painted area of dash shows heavy polish marks. Restored steering wheel, but not to show quality. Claims to have original soft top fitted. Cond: 4-. SOLD AT $79,200. The paint and body showed numerous flaws 48 Corvette Market SUMMER 2008 www.vettemarket.com older paint has swirls and touch-ups. Decent interior with carpet wear and fading visible. Engine clean. Cond: 3. SOLD AT $61,600. The sixth “One of four” black '54 Corvettes we've seen in the past four months. These have been selling for close to six figures of late, but this one's condition held back the bidding here. This was a fair price given the issues noted. RM Auctions, Ft. Lauderdale, FL, 2/08. with all the usual suspects, and had the car been original, this would have been more acceptable. But as stated, the car's paint and body had been restored—just not to high stan- #276-1955 CHEVROLET CORVETTE convertible. S/N VE555001646. Orange/tan canvas/white vinyl. Odo: 41,793 miles. 265ci 195-hp V8, 4-bbl, auto. Thirty-year-old Brightwork has minor scratches and is dull in a few places. Overall a strong #2 car. Cond: 2+. SOLD AT $95,700. This car's original owner was a young lady who received it as a graduation present from her father. All I got was a cheap watch. These have been solid investments of late, and there's no reason that trend won't continue. Well bought. RM Auctions, Ft. Lauderdale, FL, 2/08. #NR33-1954 CHEVROLET CORVETTE roadster. S/N E54S002656. Black/tan cloth/ red vinyl. Odo: 61,593 miles. 235-ci 155-hp straight 6, 3x1-bbl, auto. Claimed to be one of four black '54 Corvettes. NCRS First Flight award. Trunk fit off, driver's door gap wide at bottom, body seams not uniform. Decent dards. The owner stated that many mechanical issues had been attended to and that it was in tip-top shape mechanically, so all it really needed was a new paint job and some improvements to the interior. Well sold, but they won't be getting any cheaper. Barrett-Jackson, West Palm Beach, FL, 3/08. #SP89-1954 CHEVROLET CORVETTE roadster. S/N E54S003279. Polo White/beige fabric/red vinyl. Odo: 42,271 miles. 235-ci 155-hp straight 6, 3x1-bbl, auto. NCRS Top Flight at 97.9 a few years back. Normal panel fit issues, trunk off more than most. Engine properly presented, no issues with interior.


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Market Report Global Roundup Corvettes across the block respray still shiny but with plenty of patina and a fair amount of checking. Interior almost completely original and very well preserved. Some rattle can detailing underhood, but not hateful. Brightwork scratched and has some minor dings. Cond: 4+. SOLD AT $83,600. There was a lot to like about this basically unmolested C1 Corvette. Its respray and engine compartment will likely keep it from Survivor Certification, but it was an honest car throughout. Best used and enjoyed as is. Once you start restoration work, it'll be difficult to know where to stop—although it would certainly be short of ripping out the wonderful original interior. A market-correct price. RM Auctions, Amelia Isalnd, FL, 3/08. #171-1956 CHEVROLET CORVETTE convertible. S/N E56S003900. Red/tan fabric/ red vinyl. Odo: 193 miles. 265-ci 225-hp V8, 2x4-bbl, 3-sp. Quality restoration by Walden. NCRS Top Flight award. Excellent panel fit and top installation, engine compartment sparkles, interior as new. Slightly over restored, but certainly nice throughout. Cond: 1-. SOLD AT $90,038. I'd say this was well bought, as the price paid was fair for a quality restoration of a car with the desirable 265/225 engine. It could have done another $7,500 without question. Well Palm Springs, CA, 2/08. #422-1957 CHEVROLET CORVETTE convertible. Aztec Copper & white/white cloth & copper hard top/beige vinyl. Odo: 96,231 miles. 283-ci V8, 2x4-bbl, auto. One of only 452 Corvettes finished in this color for '57. Lots of paint touch-ups and minor nicks visible, some trim missing. Interior OK, aftermarket radio fitted. Needs cosmetic and mechanical attention in places. Cond: 3-. SOLD AT $41,250. Deferred maintenance was an issue here, as this car had been neglected and it showed. It was nothing that couldn't have 50 Corvette Market SUMMER 2008 www.vettemarket.com done. McCormick, An above-average, driver-quality Corvette. Cond: 3. SOLD AT $99,000. A power top, power windows, and fuel injection made this example a notch above a comparable '57. This was a Southern California car purchased by the current owner in 1999, and the previous owner had it for 31 years before that. This was in great shape overall. Well sold, but not by much—and no harm done since they won't be getting cheaper. Barrett-Jackson, West Palm Beach, FL, 3/08. Best Buy #683-1957 CHEVROLET CORVETTE convertible. S/N E57S105395. Red & white/white vinyl/red vinyl. Odo: 52,434 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Claimed to be a matching-numbers car. Paint nice, aside from chip at fuel door and in passenger's door. Trunk tight along right side, passenger's door out at bottom, driver's door tight at bottom. Chrome very good with only minor imperfections, hubcaps excellent. Engine bay restored to factory specs, but shows some use. Top Flight award of unlisted age. Correct T3s still fitted. Cond: 2-. SOLD AT $88,000. Originally purchased as a race car and then restored by a retired NCRS Judge. This car was selected by the National Corvette Museum for the cover of a tour video box. A full photo book of the restoration been fixed with a little time and money, and this could end up being a decent buy if those issues are taken care of without breaking the bank. RM Auctions, Ft. Lauderdale, FL, 2/08. #655-1957 CHEVROLET CORVETTE convertible. S/N E57S102534. Sky blue & white/black vinyl & blue hard top/beige vinyl. Odo: 20,476 miles. 283-ci 250-hp fuel-injected V8, auto. Variable panel fit shows chips in paint from some rubbing body panels. Lightly pitted chrome and trim throughout, older repaint shows sanding marks and touch-ups in areas. Fiberglass cracked at hood edges and around grille. Nice interior gracefully aging, engine bay in driver condition. T3 headlamps noted. documenting all of the pertinent numbers was also included, and with that documentation and a previous Top Flight pedigree, I'd have to consider this very well bought. Barrett-Jackson, West Palm Beach, FL, 3/08. TOP 10 #7 #SP56-1957 CHEVROLET CORVETTE convertible. S/N E57S106287. Inca Silver/red vinyl. Odo: 27 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Only 65 were finished in Inca Silver, although the catalog states 48. High-quality restoration was rewarded with blue ribbon at Meadow Brook. Fit and body much nicer than typical factory production. Unusual radio and heater delete. A striking car finished in an unusual color. Cond: 1-. SOLD AT $154,000. Prices paid for quality examples of straight-axle fuelies continue to escalate, and the money here was strong but not out of line with the current market. RM Auctions, Ft. Lauderdale, FL, 2/08. TOP 10 #9 #S654-1958 CHEVROLET CORVETTE convertible. S/N J58S106412. Black & silver/black cloth/red vinyl. Odo: 26 miles. 283-ci 290-hp fuel-injected V8, 4-sp. Fresh restoration just completed in late 2007. Correct numbers claimed all around, with factory radio, heater, and spinner wheelcovers. Professional workmanship does not hide a bit of the seam line in left rear quarter. Under the hood spotless, body gaps all within factory specs, chrome and glass both appear brand new. Chassis as clean as body. Cond: 1. SOLD AT $135,300. An attractive color combination, along with a top-shelf engine and transmission and a professional restoration, equaled a desirable, high-quality example. Well bought and sold. Russo and Steele, Hollywood, FL, 3/08.


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Market Report Global Roundup Corvettes across the block #S27-1958 CHEVROLET CORVETTE convertible. S/N J58S108854. Red & white/ white vinyl/black vinyl. Odo: 20,537 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Fresh repaint, heavily worked body with no rippling or bonding strip broadcasting, door jambs sanded glossy smooth. Claimed to have both tops, although the hard top is nowhere to be seen. Mostly replacement brightwork. Aftermarket AM/FM/cassette deck made to fit the dash, Hurst shifter in the stock location. Last three digit segments of the odometer line up poorly and have digits obscured. Reproduction interior soft trim in like-new condition. Cond: 3. SOLD AT $68,250. Not a show car by any means, yet still a good car to show to your noncar buddies to impress them with your pretty, shiny 'Vette. Plenty paid. Mecum Auctions, Indianapolis, IN, 5/08. #F472-1959 CHEVROLET CORVETTE Custom convertible. S/N J59S108740. Black & silver/black fabric/red leather. Odo: 140 miles. 283-ci 450-hp fuel-injected V8, 5-sp. Sharp custom with near-flawless paint and body panel alignment. Interior with modern updates to instrumentation and sound, creature comforts all melded seamlessly. Proper block and displacement; modernized running gear includes Currie 9-inch rear with 3.73 Posi. Done better than original. Front bumpers and grille intact and quite nice, rear bumpers removed. Full interior includes carpeting in decent reproduction materials. Dash and steering wheel nicely restored. Cut-down Plexiglass windshield, painted steel wheels. Extensive club racing history in period. Cond: 2+. SOLD AT $275,000. Far better prepared cosmetically than any period race car likely would have been. The engine was purported to be the same fuel-injected unit originally installed in the first Scaglietti Corvette. The car had so much eyeball, it would seem a shame to actually use it for its intended purpose. So what do you do with it? (See “C1 Profile,” p. 20.) RM Auctions, Amelia Isalnd, FL, 3/08. #672.1-1960 CHEVROLET CORVETTE convertible. S/N 00867S107391. Red & white/red hard top/red vinyl. Odo: 72,082 miles. 283-ci 290-hp fuel-injected V8, 4-sp. Trunk out at rear, convertible top cover pinched to body at driver's side, fuel filler door poorly fitted, driver's door pinched near bottom. Hard top has rusty drip rails, driver-quality chrome shows scratches and light pitting, dented trim is coming loose on driver's side. Older driverquality repaint, engine bay neat and clean but 78,189 miles. 283-ci 270-hp V8, 2x4-bbl, 4sp. Owned by a former editor of Motor Trend. Extensive two-year restoration with receipts. Little to fault as paint and bodywork exceed factory specs. AM Wonderbar radio and heater; engine bay sparkles. Nicer than original in many aspects, and offered with both tops. Cond: 1-. SOLD AT $94,600. Auctioneer Rod Egan worked to get the final few thousand dollars here, and he was able to get the job done. This was a quality Corvette that could have easily brought another $5k or so. Well bought. Worldwide Group, Houston, TX, 5/08. TOP 10 #10 #678.1-1961 CHEVROLET CORVETTE convertible. S/N 10867S110573. Blue & white/blue vinyl. Odo: 19 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Trunk high on driver's side, other panel fit within factory specs. Small blemish on license plate frame chrome; other brightwork shows minor scratches but is nice overall. Driver's seat a bit loose, balance of interior as-new or better. to perfection throughout. Cond: 1. SOLD AT $129,250. This was not the car for those who believe NCRS or Bloomington is the only way for a Corvette, but for someone looking for a distinctive car that delivered looks and performance, it would have been the perfect choice. This was ready to go or show, and although the price might have made the seller a few dollars, there was not enough for him to retire on. Well bought and sold. Russo and Steele, Hollywood, FL, 3/08. TOP 10 #3 #260-1959 CHEVROLET CORVETTE convertible. S/N J59S104283. Black/red vinyl. Odo: 90,368 miles. 283-ci 290-hp fuel-injected V8, 4-sp. Paint, gaps, and panel fit far 52 Corvette Market SUMMER 2008 www.vettemarket.com nowhere near show. Grille well fitted. Claims to have matching numbers. Cond: 3-. SOLD AT $123,200. The low production number and matching-numbers engine certainly helped this car achieve a strong price. The seller stated the car had over $60,000 in restoration receipts, but there was no mention of when that restoration occurred. A while ago would be a safe assumption. A good car to drive now and restore again down the road. Very well sold. Barrett-Jackson, West Palm Beach, FL, 3/08. #16-1960 CHEVROLET CORVETTE convertible. S/N 00867S105668. Sateen Silver & white/black vinyl/black vinyl. Odo: Front bumper sits about a quarter inch low on passenger's side. Show quality paint on a better-than-factory body. Very little to fault. Claimed to have matching numbers. Cond: 1-. SOLD AT $129,800. An over-the-top restoration allowed for a better-than-factory finished product. With excellent paint and a brand-new interior, this car just sparkled. You'd be hard pressed to find a better one. There was no mention of documentation, but the car was claimed to be a true 283/270. A market-correct result for the quality and precision of the restoration, but I would have wanted to see some paperwork. Barrett-Jackson, West Palm Beach, FL, 3/08. #582-1961 CHEVROLET CORVETTE convertible. S/N 10867S109767. Red & white/white vinyl/white vinyl. Odo: 57,490 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Nice paint shows a few wet sanding marks with wax buildup around trim and jambs. Engine bay


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Market Report Global Roundup Corvettes across the block OK; engine well detailed. Cond: 2. SOLD AT $60,500. This Corvette was a no-sale at RM's Novi sale in September '06, where bidding stopped at $41k (CM# 43462), and it sold for half again as much less than two years and 300 miles later. Let's see... drive 300 miles and make $20k. Maybe he should have driven the car a few more miles! RM Auctions, Ft. Lauderdale, FL, 2/08. #652-1962 CHEVROLET CORVETTE nice but not show, excellent interior replaced at some point and still smells new. Car card claims NOS-dated convertible top. A very nice car that is in almost show condition. Cond: 3. SOLD AT $55,620. 1961 was the last year a Corvette could be ordered with contrasting colors from the factory and the first year for the newly redesigned tail section. The price paid was market correct, so both parties should be satisfied. Cox Auctions, Branson, MO, 4/08. #SP128-1962 CHEVROLET CORVETTE convertible. S/N 20867S107643. Ermine White/red vinyl. Odo: 3,692 miles. 327-ci 300-hp V8, 4-bbl, auto. Interior shows wear and use. Dull paint has chips and scratches and shows one major blemish in rear. Narrow white- convertible. S/N 20867S107654. Red/black vinyl/black vinyl. Odo: 91,099 miles. 327ci 300-hp V8, 4-bbl, 4-sp. Good panel fit, driver's side door pinched at bottom. Very good paint has only very minor prep issues visible throughout. Light waves in chrome at rear bumper, light polishing marks to driverquality brightwork. New top, windshield cracked in driver's corner, driver's seat vinyl very loose. Dash trim bent behind “chicken bar.” Replacement windshield. Claimed to be a for a solid car, so both sides should be happy. McCormick, Palm Springs, CA, 2/08. #413-1962 CHEVROLET CORVETTE convertible. S/N 20867S110244. Red/black cloth/red vinyl. Odo: 15,606 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Repaint from 1980 still good with minor chips, scratches, and touchups throughout. Older chrome shows some pitting and scratches. New black cloth top; good interior has minor fading and wear to carpet. Engine compartment clean and detailed, but showing age. Recently resprayed flat black underside. Cond: 3. SOLD AT $54,450. This car had the same owner for the past 34 years, and although its restoration was 28 years old, it still looked good and had aged better than most of us have over that time. With no apparent problems to speak of, this was a good deal for both buyer and seller. RM Auctions, Toronto, CAN, 4/08. walls were optional. In need of TLC throughout. Cond: 3. SOLD AT $51,700. This car sold for fair money, considering the condition it was in. The new owner can spend a dollar and make a dollar while he takes care of the list of needs, and he'll likely get some good use out of it at the same time. Well bought and sold. RM Auctions, Ft. Lauderdale, FL, 2/08. #SP153-1962 CHEVROLET CORVETTE convertible. S/N 20867S112499. Honduras Maroon/black vinyl. Odo: 52,413 miles. 327ci 300-hp V8, 4-bbl, 4-sp. Unusual color well applied but not all that attractive. Decent panel fit, interior in as-new condition. Fitted with radio, heater, and hard top. Brightwork just numbers-matching example. Cond: 3+. SOLD AT $88,000. This car was listed as having had a body-off restoration that was completed in 2006. If it had, it has been driven enough since that time to deteriorate it to a high-quality driver. There's nothing wrong with that; after all, cars like this are meant to be driven. Both the color and the matching numbers helped this car out, and based on condition, this was a strong result. Very well sold. Barrett-Jackson, West Palm Beach, FL, 3/08. #362-1962 CHEVROLET CORVETTE convertible. S/N 20867S109469. Roman Red/black vinyl/black vinyl. 327-ci 340-hp V8, 4-bbl, 4-sp. The last year for the solid rear axle and exposed headlights. Respray to high standard, bodywork far better than factory, brightwork in good order. Interior in good condition except for some notable carpet wear. Cond: 2. SOLD AT $52,500. The final price paid here was just about in line with the current market. The buyer paid a fair price C2 #58-1963 CHEVROLET CORVETTE coupe. S/N 30837S112959. Ermine White/red vinyl. Odo: 91,324 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. AM/FM radio, aftermarket alloy knockoff wheels. Decent but not great paint, door gaps uneven; nice interior could be original. Engine clean and correct. A good driverquality car. Cond: 3. SOLD AT $79,200. Price paid was about right for a Split-Window in this condition. Original knockoffs from '63 are worth about $5,000, as few cars received them due to fit issues and problems with porous aluminum. As a one-year model, Split-Windows are gaining in popularity, so there should be some upside here. Worldwide Group, Houston, TX, 5/08. #364-1963 CHEVROLET CORVETTE convertible. S/N 30867S110847. Riverside Red/red hard top/black vinyl. Odo: 66,575 54 Corvette Market SUMMER 2008 www.vettemarket.com


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Market Report Global Roundup Corvettes across the block miles. 327-ci 300-hp V8, 4-bbl, auto. Recent respray to acceptable standards, original color was Sebring Silver. Fitted with ps, pb, and Powerglide automatic. Glovebox door damaged, aftermarket radio fitted. Panel fit typical, with the usual fit issues throughout. Cond: 3. SOLD AT $29,663. The price paid was about right considering this car's condition and needs, and the new owner should be able to write a few checks and upgrade the car a bit. A fair transaction for all concerned. McCormick, Palm Springs, CA, 2/08. #SP86-1963 CHEVROLET CORVETTE convertible. S/N 30867S118137. Tuxedo Black/black vinyl/black vinyl. Odo: 33,613 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Knockoff Kelsey-Hayes aluminum wheels a rare dealer installation. Very nice black paint, proving that the right muscle cars still bring good money. New paint and some serious detailing to the undercarriage should make this a #2 car. A good sale for both parties. Cox Auctions, Branson, MO, 4/08. #SP157-1964 CHEVROLET CORVETTE coupe. S/N 40937S109204. Satin Silver/black vinyl. Odo: 48,402 miles. 327-ci 250-hp V8, 4-bbl, auto. Decent silver paint shows well, panel gaps Corvette-standard with both doors showing wide gaps at bottom. Fitted with power steering, power windows, and rare cast award winner. Equipped with pw, pb, and factory a/c. A gorgeous Corvette. Cond: 1-. SOLD AT $110,000. This highly-optioned coupe presented extremely well in gold. Purchased brand new in Florida with only four owners from new, with paperwork and documents to support the claim. Big price for a 300-hp '64, but '64s are the most affordable of the mid-year Corvettes. This example, with its rare options and pristine restoration, deserved to set the bar for other '64s. Well sold, but I can't fault the buyer for wanting to take it home. Barrett-Jackson, West Palm Beach, FL, 3/08. #645-1965 CHEVROLET CORVETTE coupe. S/N 194375S111131. Rally Red/black leather. Odo: 8,267 miles. 396-ci 425-hp V8, 4-bbl, 4-sp. Claimed to have matching numbers. Driver's door tight at bottom, passenger's door in slightly at bottom. Excellent chrome is a notch below show. Light polishing marks in paint all around. Hood paint shows noticeable prep issues and inconsistencies, nose at passenger side headlamp bucket shows poorly executed repair. Tidy engine bay could be better; lighting highlights swirls and other flaws. New interior well done throughout, window rubbers worn. Engine clean and well detailed. Z06 suspension and brakes fitted. Cond: 2. SOLD AT $71,500. Knockoffs add about $5,000 to the value of '63 'Vettes, so this fuelie convertible could have sold for another $5k and still have been considered well bought. RM Auctions, Ft. Lauderdale, FL, 2/08. #564-1963 CHEVROLET CORVETTE coupe. S/N 30807S117684. Eng. # 3117684F0308RF. Red/red vinyl. Odo: 9,837 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Owner claims it to be a numbers-matching fuelie car with less than 10k miles since a complete frame-off rebuild. Older trim-on repaint looks good, with no gel coat cracks or blemishes. Driver's door paint doesn't match the rest of the car, with obvious fiberglass repair around door handle. Excellent interior only let down by scratched center console. A nice injected Split-Window with patina. Cond: 3. SOLD AT $105,840. This was the highest price paid for a car at Branson this year, 56 Corvette Market SUMMER 2008 www.vettemarket.com aluminum knockoffs. Cond: 3. SOLD AT $46,200. This car showed up covered with oil, but an hour or so later it was cleaned up with no mention of the problem. I hope the buyer knew what he was getting, as that oil problem could either have been a minor issue or a big check waiting to be written. RM Auctions, Ft. Lauderdale, FL, 2/08. #385.1-1964 CHEVROLET CORVETTE coupe. S/N 40837S117974. Saddle Tan/saddle leather. Odo: 81,788 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Outstanding panel fit about as good as it will get for a Corvette. Very good chrome shows only minor buffing marks, paint to show quality throughout. Superb interior presents asnew. Rocker trim heavily polished on driver's side, original knockoffs show well. Duntov interior appears mostly new, with teak steering wheel and nice leather. Older restoration, limited documentation. Cond: 3+. SOLD AT $117,700. A sandwich board was strategically placed at the right front of the car and made seeing the repair to the nose difficult. The hood paint showed many issues and was not consistent with the otherwise excellent paint. The L78 is one of the best big-block Bowtie powerplants ever produced, with published horsepower ratings most likely on the light side. This car could easily have some issues addressed to bring it up a notch or even two. A fair deal all around. Barrett-Jackson, West Palm Beach, FL, 3/08. #S702-1965 CHEVROLET CORVETTE convertible. S/N 194675S112716. Tuxedo Black/black fabric/black vinyl. Odo: 74,044 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Well equipped with AM/FM, power windows, power antenna, and knockoff wheels with Goldline tires. Color change inside and out from Glen Green, according to the trim tag. Quartz movement in the clock. Signs of stress crack repairs evident near right headlight opening, several other body bumps seen. Detailing needed all around, including removal of surface rust from seatbelt buckles. Cond: 2. SOLD AT $55,000. Seller claimed the numbers matched, but I'm


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not sure if he meant just the engine or the entire car. However, for the price paid, this was not a bad deal, and both the buyer and seller should be pleased. Russo and Steele, Hollywood, FL, 3/08. #256-1965 CHEVROLET CORVETTE coupe. S/N 194375S118034. Metallic blue/ black vinyl. Odo: 50,908 miles. 350-ci V8, 4bbl, 4-sp. Fender flares, older Cragar wheels. Color-change respray is chipped and scratched with fisheyes and dirt throughout. Cracks in body visible around headlights. Tired chrome is pitted and scratched, glass needs to be replaced and white ball slightly detract from the proper look. A box of spare engine parts behind the seat is questionable. Engine bay clean but undetailed, Edelbrock Performer intake manifold fitted. Cond: 2. SOLD AT $55,650. Parked just inside one of the doors to the Expo center all weekend, this car had plenty of exposure during the preview and was the only attractive 'Vette convertible of any stripe to sell here. Numbers-matching or not, the fit and finish make for an attractive car to show or go. Well bought and sold. Carlisle Auctions, Carlisle, PA, 4/08. #F426-1966 CHEVROLET CORVETTE coupe. S/N 194379S100620. Ermine White/ dark blue vinyl. Odo: 74,442 miles. 327-ci 300hp V8, 4-bbl, auto. Original color scheme with crisp paint showing some swirling, factory a/c, upgraded power brake booster supplies juice to four-wheel disc brakes. Fitted with back-up #S98-1966 CHEVROLET CORVETTE convertible. S/N 194676S113817. Rally Red/ white vinyl/red leather. Odo: 70,591 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Equipped with a/c and knockoff alloy wheels. Heavier rework on the body; door and panel gaps are better than original manufacture. Excellent quality repaint, crack in body near upper left corner of throughout. Interior older and in need of replacement. Car card states it to be an original Glen Green 327 car. A driver Corvette in need of complete restoration. Cond: 4. SOLD AT $29,430. Flared fenders, wrong engine, color change, and poor condition overall. I'm still trying to decide what's good about this one. Maybe it'll be a good start for a resto-mod or race car. Correct price based on condition. Cox Auctions, Branson, MO, 4/08. #F90-1965 CHEVROLET CORVETTE convertible. S/N 194675S104371. Riverside Red/black vinyl/red vinyl. Odo: 67,360 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Red paint and bodywork to a high standard, some light headlamp door issues visible. Light scratches and ripples to bumpers, brightwork similar. Interior well done, walnut steering wheel caps offer the sporting look. Newer short Hurst shifter mount exhaust, good interior shows no real issues. Aluminum knockoffs appear to be reproduction pieces. Cond: 3. SOLD AT $70,000. This was stated to be a factory numbers-matching example, aside from the intake setup, but it sold for all the money considering there was no documentation of the Tri-Power being dealer installed. Worldwide Group, Houston, TX, 5/08. lights, standard mirror, tinted windshield, but non-tint side glass. A decent car all around, with no signs of stress cracks or seam lines. Cond: 2. SOLD AT $61,600. Nice, but far from perfect. Although this car had its share of needs, the money spent was not over the top for an original-looking example. Well bought and sold. Russo and Steele, Hollywood, FL, 3/08. #53-1966 CHEVROLET CORVETTE coupe. S/N 194376S119272. Laguna Blue/ black vinyl. Odo: 60,711 miles. 427-ci 390-hp V8, 3x2-bbl, 4-sp. Tri-Power setup claimed to be dealer-installed. Acceptable panel fit at least to factory specs. Goldline tires and side- right rear bumper, light cracks starting to develop on both door tops. Reproduction top has light wear. Intake manifold has some light fuel staining, air filter element yellowed. Obvious excessive negative camber on both sides of the rear suspension. Reproduction interior components. Cond: 2-. SOLD AT $66,000. This was initially bid to a no-sale at $63,500, despite the fact that it took nearly five minutes of wrangling to get to that point. However, by the end of the day, the deal was put together. This also proved to be the top sale of the weekend, which gives some idea of where the overall market was at this venue. Mecum Auctions, St. Paul, MN, 6/08. #SP106-1966 CHEVROLET CORVETTE coupe. S/N 194376S105394. Silver Pearl/black leather. Odo: 266 miles. 427-ci 390-hp V8, 4bbl, 4-sp. Recent restoration to high standard, with well-applied paint, consistent panel gaps, and correctly-finished door jambs. Fitted with a/c, clock, and radio. Leather interior professionally installed. Engine clean and tidy. Cond: 1-. SOLD AT $104,500. 1966 was the first year for the 427, and all were fitted with the special big-block hood. The price paid here was just about dead-on with current market values for these, and air adds about $3k–$4k to the value. A solid transaction for both parties. RM Auctions, Ft. Lauderdale, FL, 2/08. #364-1966 CHEVROLET CORVETTE convertible. S/N 194676S120096. Silver/black vinyl/black vinyl. Odo: 32,316 miles. 327-ci www.vettemarket.com SUMMER 2008 Corvette Market 57


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Market Report Global Roundup Corvettes across the block 300-hp V8, 4-bbl, 4-sp. Panel fit is good but varied in places. Headlight buckets slightly rounded, right headlight bucket almost pinched by body. Very nice paint has light sanding issues. Left fender has repair work; fiberglass cracked at right rear bumper mount. Pitted grille, very nice other chrome and brightwork show light polishing marks. New top and interior, brake release handle shows wear. A fresh restoration. Cond: 2. SOLD AT $71,500. The seller claimed this to be a numbers-matching car with all original body panels. It was done in a very nice color combination, and the restoration work was fairly new, showing no major issues to hang your hat on. It was not perfect, but it sold at correct money for its condition. A fair deal all around. Barrett-Jackson, West Palm Beach, FL, 3/08. TOP 10 #4 #SP91-1967 CHEVROLET CORVETTE convertible. S/N 194677S120943. Tuxedo Black & red/black vinyl/red vinyl. Odo: 13 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Tank sticker documents options, which include sidepipes, alloy wheels, and AM radio. Bloomington Gold-certified in 2007. Crack in lower body with clock and radio. Engine clean and well detailed. Cond: 2. SOLD AT $80,300. This 427, which was very presentable, should have brought another $30k–$40k without concern, but lack of documentation held it back. This sale price is a good example of the risk in offering an undocumented car at no reserve. RM Auctions, Ft. Lauderdale, FL, 2/08. #SP163-1967 CHEVROLET CORVETTE convertible. S/N 194677S108243. Tuxedo Black & red/black vinyl/red leather. Odo: 58,916 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Attractive color combination with well-applied paint, but red hood stinger not typical with factory production. Excellent brightwork; door popular color combination in its day. This was claimed to be numbers-matching, so there was no harm done here. Just about spot-on for the current market. Barrett-Jackson, West Palm Beach, FL, 3/08. #636-1967 CHEVROLET CORVETTE convertible. S/N 194677S114973. Marlboro Maroon/black vinyl/white vinyl. Odo: 79,205 miles. 327-ci 300-hp V8, 4-bbl, auto. Variable panel fit, convertible top cover pinched at passenger's side. Claims to have been painted only once and is otherwise unrestored. Right headlamp bucket pinched under body; masking issues visible on repaint with some touch-ups jambs correctly rough. Sidepipes and factory a/c, Redline tires on original-style Rallies. Interior well fitted. Engine clean and detailed. Cond: 2. SOLD AT $94,600. I'm surprised this 427 didn't bring another $10k or so, considering how well-equipped it was. Some documentation would have helped here. Still, at this price, it was well bought, and the buyer should still be wearing a smile. RM Auctions, Ft. Lauderdale, FL, 2/08. on passenger side, poor top fit, noticeable swirls in paint. New interior properly installed. A striking car from a distance. Cond: 2+. SOLD AT $178,750. Last seen at Mecum's St. Charles sale in June '07, where it failed to sell at $190,000 (CM #45427)—an over-the-top number for a Corvette in this condition. This was a better price, but it can still be considered better sold than bought. RM Auctions, Ft. Lauderdale, FL, 2/08. #NR11-1967 CHEVROLET CORVETTE coupe. S/N 194377S110651. Silver Pearl & black/black leather. 427-ci 435-hp V8, 3x2bbl, 4-sp. 427 hood paint not to typical factory specs. Decent paint throughout, panel gaps as good as original. Redline tires, sidepipes, leather interior done to a high standard. Fitted 58 Corvette Market SUMMER 2008 www.vettemarket.com #642-1967 CHEVROLET CORVETTE convertible. S/N 194677S122708. Marlboro Maroon/tan vinyl/tan vinyl. Odo: 4,483 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Excellent panel fit to better than factory standards, driver's door a bit high, repaired left fender done to very good standards. Excellent paint shows no issues, good chrome has some light scratching and shows light pitting on grille. Gas cap emblem touched up with a brush. Redlines mounted on correct 1967 wheels; interior nearly as-new. Cond: 2-. SOLD AT $79,200. Last seen at Mecum's Kissimmee sale in January '08, where it didn't sell at $70,000 (CM# 48948). The desirable L79 1967s will fetch good prices for the mid-years, and there was very little to fault here. Maroon over tan came off as a bit tame, but it was a very throughout. Chrome and trim scratched and pitted; weatherstripping dry and cracked. Interior shows plenty of use and wear. A twenty-footer. Cond: 4. SOLD AT $72,600. These types of Corvettes can be hard to peg. This example had tons of documentation from new, including the tank sticker and Protect-O-Plate, and it was a car you could drive while not being worried about the next road rash incident. It stayed on the block for an extended time to reach the final bid, which was rather expensive given the 300-hp engine and the quality of the repaint. All the money. Barrett-Jackson, West Palm Beach, FL, 3/08. #62-1967 CHEVROLET CORVETTE convertible. S/N 194677S104327. Goodwood Green & white/black vinyl/black vinyl. Odo: 717 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp.


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Market Report Global Roundup Corvettes across the block The most popular color in 1967. White stinger is not typical of factory production. Factory a/c and 4-speed. Cataloged as both a 400-hp car and not born with Tri-Power. Goldline tires, power windows, brakes, and steering. Engine nicely detailed. Cond: 2. SOLD AT $85,800. A good driver, but the judges at Bloomington or NCRS would have a field day tearing it apart. Was it maybe an original 390-hp car? Best just to drive and enjoy. Worldwide Group, Houston, TX, 5/08. TOP 10 #6 #SP48-1967 CHEVROLET CORVETTE convertible. S/N 194677S107383. Sunfire Yellow & black/black vinyl/ black vinyl. Odo: 2,501 miles. 427-ci 400-hp V8, 3x2-bbl, auto. Documented with build sheet. Several NCRS awards, much nicer than factory in most places. Respray to high standard, black stinger not typical of factory production. Excellent interior. Equipped with a/c and power windows. Cond: 2. SOLD AT $155,100. These continue to march up the chart, and yesterday's silly money is today's market-correct level. A strong price for an equally strong car. RM Auctions, Ft. Lauderdale, FL, 2/08. #577-1967 CHEVROLET CORVETTE coupe. S/N 194377S114780. Eng. # 380451. Blue & light blue/blue vinyl/blue vinyl. Odo: 45,993 miles. 427-ci 500-hp V8, 4-bbl, 4-sp. Car card states $70k restoration by Corvette specialist. Professional quality paint looks fresh with excellent trim and panel gaps, wax build-up visible in all the hard-to-get places. Detailed undercarriage; engine has lots of shows basic detailing. Blueline tires. Cond: 2+. SOLD AT $160,628. Last seen here in October '07, where it failed to sell at $149,350 (CM# 47585). The slight upgrades from stock didn't seem to bother bidders. This had been beautifully restored, and with a 427, it must have been a rocket to drive. It was somebody's dream, but it was also a hefty purchase at the high end of the market. Well sold. RM Auctions, Toronto, CAN, 4/08. TOP 10 #8 #T31.1-1967 CHEVROLET CORVETTE convertible. S/N 194677S106674. Marina Blue & white/blue hard top & white vinyl soft top/ white leather. Odo: 30 miles. 427-ci V8, 3x2bbl, 4-sp. Factory options include ps, pb, a/c, tilt/telescoping steering column, AM/FM radio, headrests, both tops, and sidepipes. A few seasons have passed on a frame-off restoration, utilizing a non-original one-piece front clip. Fiberglass cracking is starting just behind the TOP 10 #5 #SP125-1967 CHEVROLET CORVETTE convertible. S/N 194677S113184. Black & teal/black vinyl/black vinyl. Odo: 141 miles. 427-ci 390hp V8, 4-bbl, 5-sp. Virtually flawless paint. All new chrome, except lightly scratched windshield trim. Fresh black interior, non-original seats. Beautifully detailed engine and compartment with 5-speed tranny fitted. Painted chassis Best Buy #587-1968 CHEVROLET CORVETTE convertible. S/N 194678S400321. Corvette Bronze/black vinyl/black vinyl. Odo: 600 miles. 427-ci 435-hp V8, 3x2-bbl, auto. Claimed 600 miles since frame-off restoration. Professional quality repaint appears fresh, with excellent trim throughout. Engine bay and undercarriage detailed; beautiful interior is marred C3 by cracked wood on steering wheel. Excellent overall. Cond: 2. SOLD AT $55,080. The 435horsepower engine was the most powerful unit available aside from the L88. This was a nostories big-block car in very good condition. In my opinion, it was worth more than the price paid. Well bought. Cox Auctions, Branson, MO, 4/08. #46-1969 CHEVROLET CORVETTE Custom convertible. S/N 194679S713240. Multicolor custom/multicolor vinyl. Odo: 62,762 miles. 427-ci supercharged V8, 4-sp. Very good panel fit with only minor imperfections, psychedelic paint scheme shows masking issues as well as small runs and sags. Driver-quality brightwork heavily scratched, total custom interior has several flaws in fit and finish. M22 “Rock Crusher” transmission. aftermarket bolt-ons. Excellent interior looks new with aftermarket radio and rear speakers. Originally a big-block car. Cond: 2-. SOLD AT $74,520. This Corvette had sidepipes with no baffles and could be heard throughout the venue every time it was started. All the right accessories to make an awesome driver were present, and it showed a modified car done right can still bring good money. Well bought and sold. Cox Auctions, Branson, MO, 4/08. 60 Corvette Market SUMMER 2008 www.vettemarket.com passenger's door handle. Respectable repaint on a bare body; rear leaf spring retrofitted with a fiberglass monoleaf. Interior is just starting to show some light wear. Cond: 3+. SOLD AT $137,000. A lack of documentation led to a lack of interest here, with many wondering how many of the options fitted had been with the car from when it was assembled new. Someone found it to be worth over the high estimate of $120k, so hopefully for him the documentation comes through in his favor. Mecum Auctions, Indianapolis, IN, 5/08. Multiple show winner. 1000-hp engine built by NHRA record-holder Bo McDaniel with less than 100 miles covered a quarter-mile at a time. Cond: 3. SOLD AT $34,100. It'll take some fancy footwork to handle all that power with a 4-speed manual, so hang on. Surprisingly, the condition of this car was rather good. The custom paint was extremely involved and covered in several coats of clear, and the theme was carried throughout the interior as well. The fellow who bought the car planned on taking it home to Texas to wake up his neighbors at 6 am on Sunday morning. Yahoo. Barrett-Jackson, West Palm Beach, FL, 3/08.


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Market Report Global Roundup Corvettes across the block #685.1-1969 CHEVROLET CORVETTE convertible. S/N 194679S715843. Fathom Green/black vinyl/black leather. Odo: 72,631 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Numbers-matching. Variable panel fit as per factory. Hard top shows bubbling under vinyl and some deteriorated weatherstripping. Very nice paint has minor orange peel in line with factory specs. Nice chrome shows minor wear and light scratches on window trim. Sidepipe paint flaking off. Polyglas tires fitted, partial interior. At this price, lets hope all was correct for the buyer. Well sold. Barrett-Jackson, West Palm Beach, FL, 3/08. #F74-1969 CHEVROLET CORVETTE coupe. S/N 194379S734008. Cortez Silver/ black vinyl & cloth. Odo: 81,491 miles. 350ci 350-hp V8, 4-bbl, 4-sp. Older silver repaint shows light scuffs and scrapes from use. Wiper door to cowl alignment slightly out of whack, driver's door low at top and perhaps a later replacement, other gaps factory or better. Chrome sidepipes look odd. Bumpers older and lightly crazed, brightwork similar. Bottom sell at $55,000 (CM# 45438). The seller was willing to hold out for more, and he either took a gamble in a no-reserve format or simply decided to let it go regardless of the outcome. It was a great car and it would be extremely difficult to replicate for the money paid. Very close to market correct, but still well bought. Barrett-Jackson, West Palm Beach, FL, 3/08. #271-1970 CHEVROLET CORVETTE coupe. S/N 194370S401259. Donnybrooke Green/green vinyl. Odo: 64,348 miles. 350-ci 300-hp V8, 4-bbl, 4-sp. Quality repaint needs buffing, chrome looks original and is worn thin. Pitting on door handles, stainless trim on hood needs polishing. Newer interior shows well but incorrect trim screws were used tank sticker on display. Interior features new leather seats. Cond: 2-. SOLD AT $73,700. Dark green has been out of favor and traditionally been set aside as less desirable. Apparently that's no longer the case, or it simply does not apply to a 427/435 numbers-matching Corvette. It's actually a great period color, which was very popular in its day, and it seems to be finding solid ground of late. Naturally, the 435-hp big-block doesn't hurt, either. I'd chock this one up in the well sold column, but probably not for long. Barrett-Jackson, West Palm Beach, FL, 3/08. #688.1-1969 CHEVROLET CORVETTE convertible. S/N 194679S717004. Cortez Silver/black vinyl & silver hard top/black vinyl. Odo: 37,112 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Claimed to be an unrestored original car with correct miles. Excellent panel fit as per factory, paint cloudy in areas and showing some overspray near wiper door. Chrome and trim very good, door handles heavily scratched. Well-preserved interior shows new- of windshield delaminating in a pattern perhaps indicative of an engine fire. Interior clean, loose knob laying on console. Factory a/c engine bay detailed but now only driver-quality. Cond: 2-. SOLD AT $27,038. Last seen here in October '07 in a lot less well-sorted condition, where it failed to sell at $22k (CM# 47114). Its current owner took it home for the winter and exorcised many of this car's demons. The price paid was fair for condition, and likely this weekend's purchaser did not see it in worse condition six short months ago. I was impressed at how much better this car presented here than it did last fall. Carlisle Auctions, Carlisle, PA, 4/08. #633.1-1970 CHEVROLET CORVETTE coupe. S/N 194370S416751. Monza Red/black vinyl. Odo: 34,222 miles. 454-ci 390-hp V8, 4-bbl, auto. Passenger door nearly pinched at bottom and wide at top front, other gaps outstanding. Light scratches and marks throughout chrome and brightwork, side vents show heavy orange peel to finish, engine bay detailed well beyond factory specs. Wonderful interior throughout. Gauge cluster shows its age, door jambs scratched and chipped. A budget restoration with light patina. Cond: 3+. SOLD AT $19,440. With some new chrome and attention to interior details, this could be a #2 car. It inspired a lot of confidence from bidders, and the new owner can enjoy it as-is or invest more for a nicer finished piece. A market price. Cox Auctions, Branson, MO, 4/08. #631-1970 CHEVROLET CORVETTE convertible. S/N 194670S400799. Red/black vinyl/black vinyl. Odo: 90,125 miles. 350-ci 300-hp V8, 4-bbl, 4-sp. Amateur repaint shiny but has visible masking lines and blue paint showing through chips in door jamb. Great interior, but with chipping paint on door handles, looking seats and saggy wrinkled armrests. Cond: 3-. SOLD AT $107,800. The 427/435 is the big boy on the block for Corvettes. The information on this car claimed it was all original, but there was no mention whether it had ever been painted. The card also stated it had never been restored or modified in any way, but it appeared to have new seats inside its locked 62 Corvette Market SUMMER 2008 www.vettemarket.com shows nearly no wear, but seats could be fitted better. Bloomington Gold Silver Certification in 2006, miles claimed to be original. Cond: 2+. SOLD AT $68,200. Last seen at Mecum's St. Charles sale in June '07, where it failed to dirt in hard to clean areas. Detailed engine with chrome dress-up parts. Presentable overall and restored to a driver standard. Cond: 3-. SOLD AT $29,160. 1970 was the last year high compression engines were available in the Corvette. This example was simply a nice driver that didn't seem to have any major problems. The buyer should be happy with this price. Cox Auctions, Branson, MO, 4/08. #NR08-1971 CHEVROLET CORVETTE coupe. S/N 194371S112916. Mulsanne


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Market Report Global Roundup Corvettes across the block recent maintenance. Fast approaching junkyard condition overall. Cond: 4+. SOLD AT $7,875. This made a lot less sense to me than a few decent drivable C4s that ran later in the sale. A 1975 Corvette is nothing to slow down for, and an example in this condition will assure any buyer at this price of being underwater for quite a while. Well sold. Carlisle Auctions, Carlisle, PA, 4/08. #F95-1976 CHEVROLET CORVETTE Blue/blue vinyl. Odo: 49,794 miles. 350-ci 270-hp V8, 4-bbl, auto. Recent respray shows some body prep issues and blisters in places. Aftermarket trunk rack; trim dented and scratched. Interior shows minor wear. Just a used Corvette. Cond: 3-. SOLD AT $19,250. This was not very expensive, but then again, it wasn't worth a lot in this condition, either. The new owner should drive the wheels off this one and not worry about it. RM Auctions, Ft. Lauderdale, FL, 2/08. #F177-1972 CHEVROLET CORVETTE coupe. S/N 1Z37K2S511562. Mille Miglia Red/black leather. Odo: 24,084 miles. 350-ci 200-hp V8, 4-bbl, auto. Factory optional a/c, ps, pb, leather interior, tilt/telescopic steering column, and dealer-installed luggage rack. Above-average repaint with a few masking miscues in scattered places. Replated bumpers on both ends, some filler paint in side vent trim chipped. Generally well-preserved and cleaned-up interior, although the silver Mylar trim in the dash and the console has some weak spots. Cond: 3. SOLD AT $18,900. This was a pretty healthy price on a chrome-bumper coupe with a small-block and an automatic, and it passed the $17,500 reserve with a couple of bids to spare. Mecum Auctions, Indianapolis, IN, 5/08. #F405-1974 CHEVROLET CORVETTE convertible. S/N 1Z67J4S402304. Corvette Medium Blue/black fabric & blue hard top/black leather. Odo: 64,106 miles. 350-ci 195-hp V8, 4-bbl, 4-sp. Has the appearance of being rode hard and put away wet, with numerous scratches and mismatched paint on the nose. Hard top does not appear to sit level. Fitted with a/c, power windows, seats, and antenna, plus original AM/FM radio. Needed attention all over to be a star, but there were no signs of body stress or panel replacement. Claimed matching-numbers. Cond: 3. SOLD AT $24,200. This was one of the last chances at an open Corvette, and it was a great driver 64 Corvette Market SUMMER 2008 www.vettemarket.com interior, seats and dash good but covered in lots of Armor-All. Dirty engine looks original. A good driver-quality example. Cond: 3-. SOLD AT $17,280. This Corvette was nice overall but rough around the edges. It would be a great driver, so hopefully the new owner is ready to drive and enjoy rather than try to win shows. Market-correct price paid for a decent quality car. Cox Auctions, Branson, MO, 4/08. #F28-1975 CHEVROLET CORVETTE coupe. S/N 1Z37J5S437522. Classic White/tan leather. Odo: 6,315 miles. 350-ci 190-hp V8, 4bbl, auto. Old and possibly original white paint with some retouching and damage around headlamp doors, tacky old brown and tan tape stripes rough. Factory gaps throughout, no evident crash damage. Interior very tatty, driver's seat ripe for replacement, steering column and wheel appear to be from a later car. Engine bay absolutely unrestored with no evidence of uneven gaps. Seats discolored quite significantly from the rest of the interior, although the seat piping still matches most interior vinyl. Replacement center armrest pad. Cond: 3. SOLD AT $17,063. Based on the condition and some engine modifications (although none were permanent), this sold for a lot more than I would've imagined. If anything, it shows that plastic-bumper C3s are coming on strong in the market. Still, sold well. Mecum Auctions, Indianapolis, IN, 5/08. #F150-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z8748S903612. Black & silver/smoked glass/silver leather. Odo: 22,443 miles. 350ci 220-hp V8, 4-bbl, auto. AM/FM/CB radio. Correct factory alloy wheels, light truck offroad-tread tires. Better than factory quality repaint and decal application with almost no body wave underneath. Several door and glass seals starting to crumble away. Not too spectacular underhood, with some paint chipping on the stock cast aluminum valve covers, some with good options. Although it had some issues, this was a strong buy. Russo and Steele, Hollywood, FL, 3/08. #515-1974 CHEVROLET CORVETTE convertible. S/N 1267J4S421382. Maroon/ black vinyl/black vinyl. Odo: 34,592 miles. 350-ci 195-hp V8, 4-bbl, 4-sp. Mediocre repaint with orange peel and wet-sanding marks in a few places. Undercoated fiberglass in wheelwells seems unnecessary. Original coupe. S/N 1Z37L6S419964. Bright Yellow/ tan vinyl. Odo: 48,380 miles. 350-ci V8, 4bbl, auto. Factory options include a/c, ps, pb. Custom interior trim with leather seating, pw, tilt/telescopic steering column, and dealer-installed luggage rack. Aftermarket Nardi wood steering wheel. Excellent repaint would've looked better if it wasn't over lightly wavy bodywork. Typical C3 front clip to door shows


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Market Report Global Roundup Corvettes across the block of the wiring in general disarray, and lots of dust overall. Some yellowing of interior plastics and T-top panel retaining straps in the rear compartment. Cond: 3. SOLD AT $16,275. It isn't too difficult to find examples that are better (or worse) than this one. However, if you really want one with monster mudder tires, this may have been your chance. The seller was wise to cut it loose when it hit this final bid, so this deal wasn't too bad on either end. Mecum Auctions, Indianapolis, IN, 5/08. #48-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8768BSA17825. Red/gray vinyl. Odo: 3,238 miles. 350-ci 190-hp V8, 4-bbl, auto. So-so repaint with overspray showing throughout, even underhood. Panels delaminating, headlights up due to described vacuum issue, paint buffed through and front doesn't match driver's door, which fits poorly. its age. Cond: 3. SOLD AT $9,345. About as inexpensive as you can get for a Corvette convertible. It's nothing more than a used car, but one that was well bought and sold. McCormick, Palm Springs, CA, 2/08. #T26-1986 CHEVROLET CORVETTE convertible. S/N 1G1YY6781G5903774. Red/white vinyl/charcoal leather. Odo: 89,606 miles. 350-ci 235-hp fuel-injected V8, auto. Decent repaint with overspray on top seals and undercarriage. One large paint run on right rear edge of rear quarter panel. Faded emblems front and rear, older replacement soft top. Average used car with underhood clean-up and minimal detail; low-budget replacement exhaust system. reserve came off at $4,500, there still wasn't a whole lot of interest in this car, and it found a new owner who's got to have a pretty sharp smile on his face. Carlisle Auctions, Carlisle, PA, 4/08. #T105.1-1986 CHEVROLET CORVETTE Indy Pace Car Edition convertible. S/N 1G1YY678XG5907077. Pace Car Yellow/ black cloth/black leather. Odo: 69,464 miles. 350-ci 235-hp fuel-injected V8, auto. Good buffed-out original paint and graphics show only a handful of light scuffs and nicks; both C4 emblems starting to fade. Left-hand reverse light is out. Minimal to no engine compartment Seat duct-taped, 50th anniversary badge is wrong. Alternator also claimed to have issues. This car owes nobody a dime. Cond: 3-. SOLD AT $5,292. Where to start? Perhaps the buyer has a nice '81 with a cracked block, or maybe it was totaled and he needs a frame. Perhaps this was a movie prop for a down-at-heel lawyer, like William Hurt in “Body Heat?” That's it... “Body Heat II”: Hurt's character is released from prison and this is all he can afford. Well sold. Silver Auctions, Portland, OR, 4/08. C4 #251-1986 CHEVROLET CORVETTE convertible. S/N 1G1YY6788G5900614. Bright Red/black leather. Odo: 70,185 miles. 350-ci 230-hp fuel-injected V8, auto. The first year for a Corvette convertible since 1975. New top installed, window rubbers rotting, paint scratched from top. Minor paint dings and touchups visible elsewhere. Interior nice but showing Newer replacement tires on the rear. Heavier wear on driver's seat outboard side bolsters. Seems to run out fine. Cond: 3-. SOLD AT $10,500. The convertible was a mid-year introduction, and all were considered to be Indy Pace Car editions, regardless of color or whether they had the graphics package or not. However, without the graphics, it seems odd to call them Pace Cars. This pretty much sold for the going rate. Mecum Auctions, Indianapolis, IN, 5/08. #S202-1986 CHEVROLET CORVETTE coupe. S/N 1G1YY0787G5127194. Red/black glass/gray leather. Odo: 134,501 miles. 350ci 235-hp fuel-injected V8, auto. Possibly original paint holding up well against mileage and use indications, weatherstripping crackly but not coming apart yet. Front bumper shows repainting. Seats amazingly intact, rear carpet and front speaker grilles faded to blue. Steering wheel rough. Engine bay clean and shows clean-up, average used car undercarriage complete with low-budget uneven exhaust system. Heavier interior wear than one would expect from a 69k-mile car. Door panels have some extra screws added to keep them in place. Cond: 3. SOLD AT $11,025. Now this is what you'd expect to see for an Indy Pace Car Edition, rather than the car offered as lot T26. This was one of 732 yellow Pace Car convertibles sold, and the price paid was not out of line. Mecum Auctions, Indianapolis, IN, 5/08. #F99-1987 CHEVROLET CORVETTE coupe. S/N 1G1YY2184H5114098. Red/gray leather. Odo: 42,572 miles. 350-ci 240-hp fuelinjected V8, auto. Likely original red paint shows light stressing at wheelwell openings, mirrors discolored to a lighter shade of red. Gray leather very presentable if a bit dry from maintenance but is completely undetailed. Cond: 3+. SOLD AT $5,040. This was little more than a used car, but it was likely always spared the brunt of the elements when not in use. This was a nice deal for cheap wheels and likely better any day of the week than a comparable early C4 with half the miles. When the 66 Corvette Market SUMMER 2008 www.vettemarket.com age and improper care. Rear carpet unfaded and indicates indoor storage. American Racing mag wheels fitted. Engine bay lightly detailed and shows maintenance and care. Cond: 2. SOLD AT $11,000. OK, so the miles are low, but it's an early C4 automatic without much else going for it. Was this a slight deal or a collection of headaches caused by irregular use just waiting to happen? Carlisle Auctions, Carlisle, PA, 4/08. #S182-1987 CHEVROLET CORVETTE convertible. S/N 1G1YY3184H5108579.


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Corvette Market Keith Martin's 2ND ANNUAL CORVETTEMARKET SEMINAR Scottsdale, AZ • Friday, January 16, 2009 • 9–11 am “It's a no-holds-barred morning, with the guys who really know telling you what's hot and what's not, what to buy and why, and the ways the pros size up a car.” Once again, Keith Martin and Corvette Market magazine will bring you the absolute insider's take on the Corvette market. Last year was completely sold out, with over 200 Corvette enthusiasts attending. Watch this space for more details! For priority notification, email: seminar@vettemarket.com


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Market Report Global Roundup Corvettes across the block Red/black cloth/red leather. Odo: 12,475 miles. 350-ci 240-hp fuel-injected V8, 4+3 manual. Mileage claimed correct. All-original paint and body panels with typical GM light orange peel, no wear or fading on side molding or trim. All bone-stock and clean engine bay. Some light wear on side bolsters, edges of original top, and at carpeting along door sill area. Cond: 2-. SOLD AT $16,275. This car is pretty much a weekend's worth of cleaning and detailing away from being a Bloomington Gold Survivor. As such, I'd call it bought well at this price. Mecum Auctions, St. Paul, MN, 6/08. #S197-1987 CHEVROLET CORVETTE coupe. S/N 1G1YY2185H5111811. Red/tan leather. Odo: 61,697 miles. 350-ci 240-hp fuelinjected V8, auto. Windows tinted, optional tinted Lexan top has plenty of scratches, most of which match up with the roof cross-over bar. Good, mostly original paint has recently been buffed out. Minimal if any engine bay cleanup. Heavily discolored cast aluminum valve covers. Lighter wear on the seating leather and carpeting is congruent with the indicated miles. Heavier wear than expected on the steering wheel rim; highly faded console top pad. Cond: 3. SOLD AT $7,500. A postblock sale, as this was bid to $7,250 when it was presented live. I've seen worse C4s cross the block, but I've also seen better. Still, this was a decent deal for both parties. Mecum Auctions, St. Paul, MN, 6/08. #SP02-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23JXL5801298. Bright Red/red leather. Appears to have been engine bay does show some use. Stored properly and kept in pristine condition with only 717 original miles. Cond: 2+. SOLD AT $48,400. What to do with these cars? If you drive it, it will lose value. If you don't drive it, it might have an issue down the road when you decide that it needs to be exercised for a few miles. If you put yourself in the way-back machine to travel back to your local GM dealer in 1990, this is the car you'd want. I'd peg this in the well sold column... at least for now. BarrettJackson, West Palm Beach, FL, 3/08. #106-1991 CHEVROLET CORVETTE coupe. S/N 1G1YY2382M5117820. Black/ black leather. Odo: 60,471 miles. 350-ci 245-hp fuel-injected V8, auto. Plexiglas top has a fistsized chunk reglued at the driver's side front corner. Average quality repaint, moderate fading of front and rear emblems. Stock alloy rims shod with older unidirectional Falkens, which are nearly down to the wear bars. Heavier interior wear than expected, DIN-mount aftermarket faceplate stereo replaces the stock unit, and power amp is not so neatly tucked behind the Older non-stock welded exhaust has some corrosion. Overall interior wear congruent for a daily driver of this mileage. Cond: 3. SOLD AT $19,950. Last seen at Mecum's Des Moines auction in July '07, where it sold at $23,963 (CM# 46413). At that time I was fairly brutal on it. No, I'm not going to kiss and make up, as what I said still generally applies, since the only thing that really changed was the license plate. A nice 20-footer and cheap for a ZR-1, but for several good reasons. Why else would it get dumped for a loss? Heck, the reserve was only $17k. Mecum Auctions, St. Paul, MN, 6/08. #S139-1993 CHEVROLET CORVETTE 40th Anniversary coupe. S/N 1G1YY23P5P5112282. Ruby Red Metallic/ black glass/Ruby Red leather. Odo: 76,739 miles. 350-ci 300-hp fuel-injected V8, auto. Excellent paint and body throughout, likely original and well-kept during the car's lifetime. Weatherstripping and trim details also crisp. Driver's seat outer bolster tatty from entry wear; dash and console pristine. well maintained, but no documentation is offered. Paint and interior as expected for 18year-old car with some use. Cond: 2. SOLD AT $22,000. 1990 was the first year for the ZR-1 option, which added $27,016, or about as much as the base car. The package included an LT5 engine made by Mercury Marine, as well as unique bodywork made to accommodate bigger tires. The price paid here was just about on the money, but it was a bit much without a stack of receipts and other paperwork. RM Auctions, Ft. Lauderdale, FL, 2/08. #340.1-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J8L5802658. Black/red leather. Odo: 717 miles. 350-ci 375-hp fuel-injected V8, 6-sp. Basically a brand new “wrapper” ZR-1. All panel gaps per factory, paint shows only minor road use on nose, interior wrapped in factory plastic. Clean passenger's seat. Cond: 4. SOLD AT $8,215. Rode hard and put away wet best describes this one. The $7k reserve was easily exceeded, but this can be considered better sold than bought. MidAmerica Auctions, St. Paul, MN, 5.08. #S124-1991 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J7M5801342. Black & gunmetal/black leather. Odo: 64,327 miles. 350-ci 375-hp fuel-injected V8, 6-sp. Hawaii car registered on the Islands until 2004, now wears current Iowa plates. Fresh repaint nice but shows some issues. Several Greenwood ground effects bits installed. Expertly detailed under the hood, although not to show standards. Rear compartment carpet in as-new condition. Engine compartment clean but undetailed. Cond: 2. SOLD AT $14,963. This was another surprisingly well-taken-care-of C4 with likely only highway mileage given it lacked evidence of abuse. The final bid came up a little short, but after some brief arbitration, it was called sold. Examples such as this one in a condition 68 Corvette Market SUMMER 2008 www.vettemarket.com


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Market Report Global Roundup Corvettes across the block like this, automatic transmission or not, should appreciate further. A slight deal for the buyer. Carlisle Auctions, Carlisle, PA, 4/08. #S198-1996 CHEVROLET CORVETTE coupe. S/N 1G1YY22P8T5103393. Black/tan leather. Odo: 101,745 miles. 350-ci 300-hp fuel-injected V8, auto. Basically a “stripper” Corvette with no optional equipment, apart from a power driver's seat. Good newer repaint, fresh tires on buffed-out stock alloy wheels. Black-out trim staring to bleach out from sun exposure, especially at windshield. Topical engine clean-up, rest of engine bay untouched. the thrill of driving it would wear off rather quickly. A decent deal on a low-production example. RM Auctions, Ft. Lauderdale, FL, 2/08. #F120-1998 CHEVROLET CORVETTE coupe. S/N 1G1YY22G7W5122327. Red/ black glass/tan leather. Odo: 134,341 miles. 5.7-liter 345-hp fuel-injected V8, auto. Brilliant original red paint virtually unmarred throughout with very few touch-ups to front bumper and mirrors. Alloy rims lightly marked. Interior as good as some cars with 100,000 appear to be a later model at a glance—which was probably the intent. Mecum Auctions, Indianapolis, IN, 5/08. #F104-2001 CHEVROLET CORVETTE Z06 coupe. S/N 1G1YY12S715126207. Red/black leather. Odo: 31,517 miles. 5.7-liter 385-hp fuel-injected V8, 6-sp. Paint and body excellent, showing care and proper storage. Interior supple and smooth, with only light wear to steering wheel and center console. Light scuffing to graphite gray rims, engine compartment clean but likely not detailed since new. Appears to have been regularly serviced and kept up on GM recalls. Heavily dealer reconditioned interior, which has commensurate wear for the miles covered. Cond: 4+. SOLD AT $8,000. The seller left his window sticker and lot sale tag in the passenger's seat so that all could see that he was asking $10,900 for it on his lot. This was also a postblock sale, having been bid to $8k across the block and declared that it would “take closer to ten grand to get it done.” Reality must have come slamming home, as that last market-correct bid got it done. Mecum Auctions, St. Paul, MN, 6/08. C5 #SP94-1998 CHEVROLET CORVETTE Indy 500 Pace Car convertible. S/N 1G1YY32G8W511367. Purple & yellow/black fabric/black & yellow leather. 5.7-liter 345-hp fuel-injected LS1 V8, 6-sp. One of 1,163 Pace Car replicas produced. RPO Z4Z option cost $5,804 with 6-speed manual transmission. fewer miles, engine bay similar. Very clean, without the usual Armor-All treatment. Cond: 2. SOLD AT $15,750. I'm not sure where the last owner(s) traveled, except perhaps back and forth across the country. He or she must have been about 90 pounds dripping wet and covered in leather treatment as well to keep the interior as tidy as the exterior. I'm surprised at how well the car did given it was the last lot on Friday night, but it sure did well regardless of the mileage and automatic transmission. Well sold. Carlisle Auctions, Carlisle, PA, 4/08. #F57-1998 CHEVROLET CORVETTE coupe. S/N 1G1YY22G8W5120148. Light Carmine Red Metallic/red leather. Odo: 110,563 miles. 5.7-liter 345-hp fuel-injected LS1 V8, auto. Fitted with body side moldings, front license plate frame, dual sports seats, dual climate control, and memory package. Goodyear run-flats almost down to the wear bars. Heavily buffed-out mostly original paint, aside from the nose. Somewhat cleaned up engine bay, untouched undercarriage. Heavily Cond: 2+. SOLD AT $21,525. Surprisingly, despite the extra year and 13,000 miles, this example was cleaner than its younger brother in lot F102. I call this car the deal for those who looked over the differences between the cars, and if there's someone out there who can feel the difference of 20 horsepower between these Corvettes, well, he should have bought the other one. Carlisle Auctions, Carlisle, PA, 4/08. #F102-2002 CHEVROLET CORVETTE Z06 coupe. S/N 1G1YY125625117662. Red/ black leather. Odo: 18,256 miles. 5.7-liter 405hp fuel-injected V8, 6-sp. Light stress damage and markings to front bumper and lower spoiler lip, light swirl marks in original paint and body. Interior near mint, driver's seat seems a bit dry. Bold yellow/black leather interior, lots of cool graphics for the “look at me” crowd. Nearly asnew throughout. Cond: 2. SOLD AT $30,800. It takes a certain mentality to drive around in a ten-year-old car covered in video-game graphics. This was cheap enough, but I would think used car dealer detailing on the interior, with glossy dashboard, console, and door panels. The carpeting and seats show less wear than the miles would suggest; floor mats missing. Cond: 3. SOLD AT $15,750. Used car detailing, used car price. It was pretty much bone stock apart from the wheels, which made it Engine compartment not detailed but showing maintenance throughout. Cond: 2. SOLD AT $26,250. An attractive and powerful car. A $24,000 reserve was not the end of spirited bidding on this, as three individuals duked it out another $1,000 before the gavel fell. This consignor brought this and a 2001 model with a few more miles but in better cosmetic condition that ran two lots later, so the underbidders had another chance at nearly the same car. Carlisle Auctions, Carlisle, PA, 4/08. ■ 70 Corvette Market SUMMER 2008 www.vettemarket.com


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Vette-o-bilia W Online trash and trinkets—some valuable, some not. By Carl Bomstead. Chevy's Pinball Wizard It's got all kinds of trick stuff, including a 454 “Big-Block” shaker and an interactive Matchbox race e thought we were on to something when we found a 1978 Jim Beam Corvette decanter with box and papers for only $37. As these have been selling for as much as $200, we were sure we had a bargain, but then we read the fine print. The contents had been removed. Bummer! We did, however, find a bunch of other cool stuff, none of which had been drained of their sublime inner essence. it was cute as heck. Appleman made his first jar in 1970 and closed up shop in 1987. The car jars had a $100 tab when first issued and have experienced rapid appreciation. This one was signed by the artist and was never used. At this price, I don't think I would be inclined to fill it with chocolate chip cookies and leave it out for the kids. A white Appleman Corvette jar sold on eBay for $2,225 in 2004, so in comparison this was a reasonable buy. EBAY #180254204955— BALLY CORVETTE PINBALL MACHINE. Number of Bids: 12. SOLD AT: $3,672. Date Sold: 6/22/2008. This elaborate pinball machine was manufactured in 1994. It featured all kinds of trick stuff, including a Matchbox car race track that was interactive with the players and a 454 “Big-Block” pinball shaker. It had lots of Corvette displays and artwork. It has been fine-tuned, and the seller stated it played flawlessly. Only problem was that it was in Australia and would cost a bloody fortune to get it to the States. CHEVROLET CORVETTE LICENSE PLATE FRAME. Number of Bids: 15. SOLD AT: $205.01. Harry Mann Chevrolet was in business in the late 1940s and was the largest Corvette dealer in the country from 1953 until in closed in the mid-'80s. It was located on Crenshaw, which was the Los Angeles auto row at the time. It had a very small showroom holding a single car, which was always a Corvette. Seemed like a reasonable price to pay for a period piece for your Corvette, especially if you are in the L.A. area. EBAY # 190230054266— 50TH ANNIVERSARY CAP AND COIN. Number of Bids: 2. SOLD AT: $144.99. Date Sold: 6/22/2008. These were available at the 50th anniversary meet in Nashville for $35 and sold out quickly. The coin was enameled in four colors and was number 130 of 2,003, as was the cap. Seems liked a bunch of money for a rather ugly hat, but another recently sold for $187, so what do we know. EBAY #220248593390— CORVETTE OWNERS 10K PIN. Number of Bids: 1. SOLD AT: $125. These pins date to the late 1950s and early '60s and were obtained by sending in a form that was in the owners manual of your new Corvette. You would also get a subscription to Corvette News. These are prevalent, and the prices range all over the place. We have seen them sell for over $200 and the repops go for less than $10, so make sure what you are buying is real before you send your money across the country. EBAY #150255823447— GLEN APPLEMAN RED CORVETTE COOKIE JAR. Number of Bids: 9. SOLD AT: $1,025. Date Sold: 6/15/2008. Difficult to tell if this cookie jar was a '59 or '60, but regardless, EBAY #140244158889— EBAY #110259554627— EBAY #290238008511— HARRY MANN 72 Corvette Market SUMMER 2008 www.vettemarket.com 50TH ANNIVERSARY CORVETTE MEDIA KIT. Number of Bids: 23. SOLD AT: $660. Date Sold: 6/12/2008. This media kit was created to commemorate the 50th anniversary of the Corvette. It contained a CD featuring Corvette images and the 1953–2003 Corvette Black Book. Proceeds benefited the National Corvette Museum and would suggest that a major portion of the price paid here was considered a donation. 1963 STING RAY ELECTRIC KID'S CAR. Number of Bids: 2. SOLD AT: $1,500. Date Sold: 7/01/2008. This was one of 1,200 1963 fiberglass electric kid's cars sold by Chevrolet/Corvette dealers. All were red, and this one was original, except for the upholstery and a new battery. Same owner from new, and it appeared to be in reasonable condition, with a few nicks and scratches. The seller stated that reverse did not work. A great way to indulge your cute little granddaughter. I would have bought it for mine, but she only wants a Ferrari! ■


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Trick Stuff What you need for your Corvette and where to get it. By John Gunnell Holding Back the Years Insulate your 'Vette from time, bring along a tool to save your life, and look inside your battery's heart So things go wrong—now what? The 4-in-1 Safety Stick fits in the glovebox of your Corvette, and it's the tool you need in emergencies. It includes: 1) Flashing red LED strobes that alert oncoming motorists of an emergency; 2) a cutter sharp enough to slice through a seat belt; 3) a steel-pointed hammer to shatter a car window, and; 4) a magnet, in case you have a boring old tin car, so it can attach to the door and warn traffic. Of course, you'll have to duct tape it to your Corvette. The 4-in-1 Safety Stick sells for $14.95 and is available at www.safetybright.com. A fish tank for sting rays and sharks The Motor Inn looks like a giant aquarium, but it's actually a sealed, environ- mentally controlled transparent showcase for collector cars and motorcycles. Your Corvette can be insulated from the ravages of time, dust, moisture, or sunshine, and if you want to jazz it up a bit, you can add black-and-white checkered flag flooring. Don't forget a heating system, dehumidifier, and a fresh-air ventilation system. Prices start around $5,000 and can go more than twice that for a “fully-loaded” one. The maker is Preferred Products Design, Inc., of Milford, Connecticut. For details, call 203.877.4399 or visit www.themotorinn.com. Did you say it's a model system…? How about a small version of the Taking the suspense out of batteries The trouble with electricity is you can't actually see it. And who knows what goes on inside a battery? It's alive, then it's dead, but it looks the same. A new product called Battery Bug lets you know when your Corvette needs a new battery before it won't start. Battery Bug monitors the cranking ability of a battery every time a car starts and gives you a heads up when that trusty box of sparks is checking out. It takes just minutes to install directly to the battery and even tells you if your battery tender is doing its job when the car's in storage. The Battery Bug monitor has a list price of $39.95. For additional information, contact www.argusanalyzers.com. same thing? The Cruizes 1:24-scale lighted and motorized diecast diorama looks like a miniature Motor Inn. It's a display case for Corvette models, and any 1:24-scale diecast Corvette model will fit inside. When the car is properly positioned on a raised pad, the battery-operated electric motor under the “road” will spin its wheels at any speed you choose. The diorama includes a working traffic light, street lamp, and spotlights. The standard diorama retails for $119, and a carbon fiber road plate is $29 extra. Visit Stages Die Cast Display Systems at www.stagesdisplays.com for more. 74 Corvette Market SUMMER 2008 www.vettemarket.com


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By the Numbers 175 Top Corvette Sales of Spring '08* More than 1,300 Corvettes crossed the block from March to June. These topped the charts 1971 Corvette ZR2 Convertible at Mecum, St. Charles, top sale at $550k Rank Model 1 1971 Corvette ZR2 Convertible 2 1969 Corvette L88 Convertible 3 1967 Corvette 427/400 Convertible 4 1959 Corvette 283/290 FI Competition Convertible 5 1967 Corvette 427/435 Convertible 6 1963 Corvette 327/360 Z06 Coupe 7 1968 Corvette L88 Coupe 8 1990–95 Corvette ZR-1 Coupes (Lot of 6) 9 1970 Corvette ZR1 Coupe 10 1964 Corvette Z06 Coupe 11 1967 Corvette 427/435 Convertible 12 1958 Corvette LT4 Custom Convertible 13 1967 Corvette 427/435 Coupe 14 1968 Corvette 327/350 Convertible 15 1957 Corvette 283/270 FI Convertible 16 1969 Corvette 427/435 Coupe 17 1967 Corvette 427 Convertible 18 1967 Corvette 427/435 Convertible 19 1954 Corvette Roadster 20 1955 Corvette Roadster 21 1959 Corvette 283/270 FI Convertible 22 1959 Corvette 283/290 FI Convertible 23 1962 Corvette 327/360 Convertible 24 1967 Corvette 427/400 Convertible 25 1962 Corvette 327/360 FI Convertible 76 Corvette Market SUMMER 2008 www.vettemarket.com Sold Price Location $550,000 Mecum, St. Charles, IL $435,750 Mecum, St. Charles, IL $336,000 Mecum, St. Charles, IL $275,000 RM, Amelia Island, FL $246,750 Mecum, St. Charles, IL $233,625 Mecum, Indianapolis, IN $231,000 Mecum, St. Charles, IL $231,000 Mecum, St. Charles, IL $189,000 Mecum, St. Charles, IL $180,600 Mecum, St. Charles, IL $173,250 Mecum, St. Charles, IL $170,500 $168,000 Mecum, Indianapolis, IN $167,200 $165,375 Mecum, St. Charles, IL $165,000 $160,628 $154,000 $155,400 Mecum, St. Charles, IL RM, Dallas, TX $152,250 Mecum, Indianapolis, IN $146,590 Mecum, St. Charles, IL $144,375 Mecum, Indianapolis, IN $141,750 Mecum, Indianapolis, IN $137,000 Mecum, Indianapolis, IN $136,500 Mecum, St. Charles, IL Date Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL RM, Toronto, CAN 6/28/08 6/28/08 6/28/08 3/8/08 6/28/08 4/5/08 6/28/08 6/28/08 6/28/08 6/28/08 6/28/08 3/30/08 4/5/08 3/30/08 6/28/08 3/30/08 4/6/08 6/28/08 4/19/08 5/3/08 6/28/08 4/5/08 4/5/08 5/18/08 6/28/08 Lot # S107 S91 S73 260 X9 B34 S6 S32 S108 S87 X10 688 B35 350.1 S115 646 SP125 S129 251 F4 S71 B41 B36 T31.1 S28 *As recorded in the Corvette Market Digital Platinum database. Auction sales only.


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Rank Model 26 1958 Corvette 283/290 FI Convertible 27 1957 Corvette 283/283 Convertible 28 1961 Corvette 283/315 Convertible 29 1958 Corvette 283/290 FI Convertible 30 1961 Corvette 283/270 Convertible 31 1959 Corvette 383/450 Custom Convertible 32 1966 Corvette 427/390 Coupe 33 1960 Corvette 283/290 FI Convertible 34 1966 Corvette 427/425 Convertible 35 1968 Corvette 427/435 Coupe 36 1967 Corvette 427/435 Convertible 37 1965 Corvette 396/425 Coupe 38 1958 Corvette 283/290 FI Convertible 39 1969 Corvette L89 427/435 Coupe 40 1967 Corvette 427/435 Coupe 41 1967 Corvette 427/435 Convertible 42 1970 Corvette ZR1 Coupe 43 2004 Corvette Indy Pace Car Convertible 44 1964 Corvette 327/300 Coupe 45 1963 Corvette 327/360 FI Coupe 46 1969 Corvette 427/435 Convertible 47 1957 Corvette 283/270 Convertible 48 1967 Corvette 427/400 Convertible 49 1963 Corvette 327/360 FI Coupe 50 1959 Corvette 283/290 FI Convertible 51 1956 Corvette 265/225 Convertible 52 1960 Corvette 283/270 FI Convertible 53 1962 Corvette 327/360 FI Convertible 54 1965 Corvette LS6 Custom Convertible 55 1972 Corvette LT-1 Convertible 56 1969 Corvette 427/390 Convertible 57 1957 Corvette 283/250 Convertible 58 1956 Corvette 265/225 Convertible 59 1958 Corvette 283/270 Convertible 60 1966 Corvette Convertible 61 1962 Corvette 327/360 FI Convertible 62 1962 Corvette 327/360 FI Convertible 63 1966 Corvette 427 Convertible 64 1960 Corvette 283/270 Convertible 65 1963 Corvette 327/360 FI Convertible 66 1954 Corvette Roadster 67 1969 Corvette 427/435 Coupe 68 1965 Corvette 327/375 Coupe 69 1954 Corvette Roadster 70 1963 Corvette 327/360 FI Convertible 71 1954 Corvette Roadster 72 1957 Corvette Convertible 73 1959 Corvette 502/502 Custom Convertible 74 1962 Corvette 327/300 Convertible 75 1963 Corvette 327/340 Convertible Sold Price Location $135,300 $134,750 Date Russo and Steele, Hollywood, FL RM, Dallas, TX $132,500 Mecum, Indianapolis, IN $131,250 Mecum, Indianapolis, IN $129,800 $129,250 $124,950 Mecum, St. Charles, IL $123,200 $123,200 3/30/08 4/19/08 4/5/08 4/5/08 Barrett-Jackson, West Palm Beach, FL Russo and Steele, Hollywood, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL $120,750 Mecum, Indianapolis, IN $120,750 Mecum, St. Charles, IL $117,700 $116,550 Mecum, St. Charles, IL $115,500 Worldwide, Houston, TX $115,500 Mecum, St. Charles, IL $114,480 $112,200 $110,250 Mecum, St. Charles, IL $110,000 $110,000 $107,800 Barrett-Jackson, West Palm Beach, FL Tom Mack, Concord, NC Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL RM, Anaheim, CA Barrett-Jackson, West Palm Beach, FL $106,050 Mecum, Indianapolis, IN $106,050 Mecum, St. Charles, IL $105,840 Cox, Branson, MO $105,000 Mecum, St. Charles, IL $104,860 Mecum, St. Charles, IL $102,900 Mecum, St. Charles, IL $102,300 $101,200 $101,200 $99,750 Mecum, St. Charles, IL $99,000 3/30/08 3/30/08 6/28/08 3/30/08 3/30/08 5/18/08 6/28/08 3/30/08 6/28/08 5/3/08 6/28/08 4/5/08 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL $98,700 Mecum, Indianapolis, IN $98,700 Mecum, Indianapolis, IN $98,050 G. Potter King, Atlantic City, NJ $96,600 Mecum, St. Charles, IL $96,300 Mecum, Indianapolis, IN $95,288 RM, Toronto, CAN $93,500 $94,600 Worldwide, Houston, TX $94,500 Mecum, St. Charles, IL RM, Anaheim, CA $93,450 Mecum, St. Charles, IL $91,875 Mecum, St. Charles, IL RM, Tustin, CA $90,750 $89,250 Mecum, Indianapolis, IN $89,250 Mecum, St. Charles, IL $88,000 $88,000 $88,000 $88,000 3/30/08 6/28/08 3/30/08 6/29/08 3/30/08 5/3/08 6/28/08 4/19/08 6/28/08 6/28/08 6/28/08 3/30/08 3/30/08 3/30/08 6/28/08 3/30/08 4/5/08 4/5/08 3/2/08 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL 6/28/08 5/18/08 4/6/08 5/3/08 6/28/08 6/29/08 6/28/08 6/28/08 6/14/08 5/18/08 6/28/08 3/30/08 3/30/08 3/30/08 3/30/08 Lot # S654 269 B37 B33 678.1 F472 S118 672.1 678 S168 S127 645 S77 35 X11 n/a 670.1 S110.1 385.1 140 688.1 F28 F74 564 S86 F73 S93 632 681.1 388 S120 655 B44 B40 1509 S126 S199 SP121 16 S19 169 X19 F95 248 T144 S68 683 641.1 652 361.1 www.vettemarket.com SUMMER 2008 Corvette Market 77


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By the Numbers Rank Model 76 1966 Corvette 427/425 Coupe 77 1958 Corvette 283/245 Convertible 78 1965 Corvette 396/425 Convertible 79 1966 Corvette Convertible 80 1967 Corvette L71 427/400 Convertible 81 1960 Corvette 427/400 Convertible 82 1959 Corvette Custom Convertible 83 1955 Corvette Roadster 84 1966 Corvette 427/390 Convertible 85 1970 Corvette 350/370 LT1 Coupe 86 1958 Corvette Convertible 87 1955 Corvette Roadster 88 1959 Corvette Convertible 89 1967 Corvette 427 Convertible 90 1955 Corvette Roadster 91 1954 Corvette Roadster 92 1968 Corvette 427/435 Convertible 93 1958 Corvette 283/230 Convertible 94 1965 Corvette 327/375 FI Coupe 95 1958 Corvette 283/250 FI Convertible 96 1957 Corvette 283/283 Convertible 97 1954 Corvette Roadster 98 1967 Corvette 327/350 Convertible 99 1963 Corvette 327/340 Coupe 100 1962 Corvette 327/360 FI Convertible 101 1964 Corvette 327/365 Convertible 102 1962 Corvette 327/340 Convertible 103 1966 Corvette 565/700 Custom Coupe 104 2003 Corvette Avelate Convertible 105 1954 Corvette Roadster 106 1966 Corvette 427/390 Coupe 107 1965 Corvette 327/375 FI Convertible 108 1961 Corvette 283/245 Convertible 109 1955 Corvette Roadster 110 1967 Corvette 427/500 Coupe 111 1969 Corvette 427/435 Convertible 112 2007 Corvette Custom Convertible 113 2003 Corvette 50th Anniversary Convertible 114 1967 Corvette 327/300 Convertible 115 1972 Corvette LT-1 Coupe 116 1962 Corvette Convertible 117 1963 Corvette 327/300 Convertible 118 1966 Corvette 327/300 Convertible 119 1970 Corvette 350/350 Convertible 120 1965 Corvette 396/425 Convertible 121 1965 Corvette 327/300 Convertible 122 2007 Corvette Daytona 500 Pace Car Coupe Replica 123 1966 Corvette 427/390 Coupe 124 1958 Corvette 283/245 Convertible 125 1965 Corvette 327/350 Convertible 78 Corvette Market SUMMER 2008 www.vettemarket.com Sold Price Location $86,625 Mecum, St. Charles, IL $86,100 Mecum, Indianapolis, IN $86,100 Mecum, Indianapolis, IN $86,100 Mecum, St. Charles, IL $85,800 Worldwide, Houston, TX $85,050 Mecum, St. Charles, IL $84,000 Mecum, Indianapolis, IN $84,000 Mecum, St. Charles, IL $84,000 Mecum, St. Charles, IL $84,000 Mecum, St. Charles, IL $83,855 Artcurial, Paris, FRA $83,600 RM, Amelia Island, FL $82,950 Mecum, St. Charles, IL $82,425 Mecum, Indianapolis, IN $82,000 Mecum, St. Charles, IL $81,900 Mecum, St. Charles, IL $80,850 Mecum, St. Charles, IL $80,300 $80,300 $80,000 Mecum, St. Charles, IL $79,800 Mecum, St. Charles, IL $79,200 $79,200 Date Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL $79,200 Worldwide, Houston, TX $78,225 Mecum, St. Charles, IL $78,100 $77,000 $77,000 $77,000 $77,000 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL RM, Tustin, CA $76,650 Mecum, St. Charles, IL $76,125 Mecum, Indianapolis, IN RM, Dallas, TX $75,900 $74,813 Mecum, St. Charles, IL $74,520 Cox, Branson, MO $73,700 $73,700 $73,500 Mecum, St. Charles, IL $72,600 $72,600 $72,360 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Kruse, Huntsville, AL $71,925 Mecum, St. Charles, IL $71,500 $71,500 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL $71,000 Mecum, Indianapolis, IN $70,400 $70,400 $70,000 Worldwide, Houston, TX $69,300 $69,300 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL 6/28/08 5/3/08 5/18/08 6/28/08 5/3/08 6/28/08 5/18/08 6/28/08 6/28/08 6/28/08 4/13/08 3/8/08 6/28/08 5/18/08 6/28/08 6/28/08 6/28/08 3/30/08 3/30/08 6/28/08 6/28/08 3/30/08 3/30/08 5/3/08 6/28/08 3/30/08 3/30/08 3/30/08 3/30/08 6/14/08 6/28/08 5/18/08 4/19/08 6/28/08 4/19/08 3/30/08 3/30/08 6/28/08 3/30/08 3/30/08 3/15/08 6/28/08 3/30/08 3/30/08 5/3/08 3/30/08 3/30/08 5/3/08 3/30/08 3/30/08 Lot # S111 F42 J11 F102 62 S96 S161 S59 S104 X25 27 276 S50 S24 S141 S94 S64 348 348.1 S53 F126 684 642 58 S82 394 389 356 630 215 F120 F250 227 F66 577 685.1 689.3 F69 636 388.1 749 F92 364 355 F2 365 643 53 372.1 47


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Rank Model 126 1962 Corvette 283 FI 127 1958 Corvette Convertible 128 1970 Corvette 454/390 LS5 Coupe 129 1969 Corvette 427/435 Convertible 130 1961 Corvette Convertible 131 1969 Corvette 427/435 L71 Coupe 132 1962 Corvette 327/360 FI Convertible 133 1966 Corvette 427/390 Coupe 134 1968 Corvette 427/435 Convertible 135 1966 Corvette Convertible 136 1963 Corvette 327/340 Convertible 137 1965 Corvette 327/365 Coupe 138 1967 Corvette 327/350 Coupe 139 1959 Corvette 283 Convertible 140 2006 Corvette Z06 Coupe 141 1963 Corvette Coupe 142 1967 Corvette 327/300 Convertible 143 1963 Corvette 427/465 Custom Convertible 144 2004 Corvette Indy 500 Official Pace Car Coupe 145 1960 Corvette 283/230 Convertible 146 1958 Corvette 283/230 Convertible 147 1956 Corvette 350/370 Custom Convertible 148 1964 Corvette 149 1966 Corvette 327/300 Coupe 150 1966 Corvette 427/390 Coupe 151 1967 Corvette 327/350 Convertible 152 1971 Corvette LT1 COPO Coupe 153 1968 Corvette 427/400 Convertible 154 1956 Corvette 350/370 Custom Convertible 155 1964 Corvette 327/300 Coupe 156 1965 Corvette 327/300 Convertible 157 1959 Corvette Convertible 158 1964 Corvette 327/300 Convertible 159 1967 Corvette 327/350 Convertible 160 1969 Corvette 350/350 Convertible 161 1972 Corvette 350/200 Convertible 162 1954 Corvette Roadster 163 1970 Corvette 350/370 LT1 Convertible 164 1965 Corvette Convertible 165 1961 Corvette 283 Convertible 166 1969 Corvette Convertible 167 1961 Corvette Convertible 168 1968 Corvette 427/425 Convertible 169 1968 Corvette Coupe 170 1965 Corvette 327/350 Coupe 171 1967 Corvette 427/400 Coupe 172 1963 Corvette 327/300 Coupe 173 1962 Corvette Convertible 174 1963 Corvette 175 1969 Corvette 427/435 Coupe Sold Price Location $68,900 Date Tom Mack, Concord, NC $68,250 Mecum, Indianapolis, IN $68,200 $67,200 Mecum, Indianapolis, IN $67,100 $67,100 $66,000 $67,000 Mecum, St. Charles, IL $66,675 Mecum, Indianapolis, IN $66,000 Mecum, Indianapolis, IN $66,000 Mecum, St. Paul, MN RM, Anaheim, CA $65,625 Mecum, Indianapolis, IN $65,100 Mecum, St. Charles, IL $65,000 Mecum, St. Charles, IL $64,800 Leake, Tulsa, OK $64,660 G. Potter King, Atlantic City, NJ $64,050 Mecum, St. Charles, IL $63,800 $63,800 $62,700 $62,500 Mecum, Indianapolis, IN $62,475 Mecum, Indianapolis, IN $62,475 Mecum, Indianapolis, IN $61,600 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL RM, Dallas, TX 4/5/08 5/18/08 3/30/08 4/19/08 3/30/08 4/19/08 6/28/08 4/5/08 3/29/08 6/21/08 6/29/08 5/18/08 6/28/08 6/28/08 6/8/08 3/2/08 Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL Russo and Steele, Hollywood, FL $60,500 $61,215 G. Potter King, Atlantic City, NJ $60,900 Mecum, St. Charles, IL $60,900 Mecum, St. Charles, IL RM, Dallas, TX $60,000 Mecum, Indianapolis, IN $59,400 $58,300 $57,750 Mecum, St. Charles, IL $57,750 Mecum, St. Charles, IL $57,750 Mecum, St. Charles, IL $57,750 Mecum, St. Charles, IL $57,225 Mecum, St. Charles, IL $56,700 Mecum, Indianapolis, IN $56,700 Mecum, St. Charles, IL $55,650 Carlisle, Carlisle, PA $55,620 Cox, Branson, MO $55,125 Mecum, Indianapolis, IN $55,120 G. Potter King, Atlantic City, NJ $55,080 Cox, Branson, MO $55,080 $55,000 Leake, Tulsa, OK Russo and Steele, Hollywood, FL $54,600 Mecum, Indianapolis, IN $54,600 Mecum, Indianapolis, IN RM, Toronto, CAN $54,450 $54,075 Mecum, Indianapolis, IN $54,075 Mecum, Indianapolis, IN Barrett-Jackson, West Palm Beach, FL Barrett-Jackson, West Palm Beach, FL 6/28/08 3/30/08 3/30/08 3/30/08 5/3/08 5/3/08 5/18/08 3/30/08 3/2/08 6/28/08 6/28/08 4/19/08 5/18/08 3/30/08 3/30/08 6/28/08 6/28/08 6/28/08 6/28/08 6/28/08 5/3/08 6/28/08 4/26/08 4/19/08 5/18/08 3/2/08 4/19/08 6/8/08 3/30/08 4/19/08 5/3/08 4/6/08 5/18/08 5/18/08 Lot # n/a S27 633.1 D45 401 255 F72 B1 A53 S98 333 S85 F34 S90 521 1790 S24 956 385 942 F49 F6 J22.1 F426 1543 S132 S15 234 T155 64 345 F122 S13 F39 S20 S49 F7 X24 F90 582 S15 1763 587 510 S702 D28 F48 413 S51 S89 www.vettemarket.com SUMMER 2008 Corvette Market 79


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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 SUMMER 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 American Collectors Insurance...................................45 Bald Head Garage...................65 Baymont Inn & Suites................47 Bondurant Enterprises..............51 Carlisle Events ...........................83 Classic Cars Southeast ............71 Corvette America ....................59 Corvette Central.......................49 Corvette Correction.................75 Corvette Expo, Inc....................53 Corvette Repair Inc..................33 Corvette Seminar .....................67 Corvette Specialties ................73 Corvettes Of Dallas ..................59 County Corvette.........................2 Family Classic Cars...................63 Fast Vette Accessories And Apparel..............................81 Flag Caddie ..............................81 GM.................................................4 Griot's Garage, Inc. .................41 Hagerty Insurance ...................39 Jim Meyer Racing Products Inc...............................75 Kruse International ...................37 Long Island Corvette Supply Inc. .................................75 Mecum Auction..........................3 Mid America Motorworks .. 35,84 Midwest Corvettes & Classics.......................................73 Mr. Car Art..................................71 National Corvette Museum....71 National Corvette Restorers Society........................................71 Park Place LTD...........................31 Philadelphia Motorsports........65 Seatbelt Solutions.....................69 Sign Past Inc. .............................69 Silver Auctions ...........................17 St. Louis Car Museum ..............63 The Chevy Store........................61 Thomas C Sunday Inc..............73 Trailex Inc....................................69 Van Steel ....................................75 Vette Collectibles ....................11 Vettes Undercover ...................73 Worldwide Group.......................9 Zip Products ...............................61 Advertise in Corvette Market Contact John Scharff john.scharff@vettemarket.com 314.802.8139 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 SUMMER 2008 Corvette Market 81


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In Miniature How details make models into masterpieces. By Marshall Buck '59 Sting Ray Racer Loses By a Nose Autoart has made a number of concessions for the price point of the model, and the detailing on the Sting Ray is good but really could be better 1959 Corvette Sting Ray Racer Bill Mitchell's 1959 Sting Ray racer has been modeled before in 1:43- and 1:24-scales by other manufacturers, but only Autoart has produced it in 1:18-scale. Autoart has made a number of concessions for the price point of the model, and the detailing on the Sting Ray is good but really could be better. Some of it is just plain underwhelming. The model captures the overall shape fairly well, '59 Sting Ray Details Production Dates: 2000–on Quantity: 10,000 plus (est.) Ratings: Overall Quality: Authenticity: Overall Value: ½ Web: www.autoartmodels.com ½ but—and this is a big one—in profile the entire front end from the windscreens forward is misshapen and slopes in a way that the real car does not. Other areas where they have noticeably missed the mark are the double windscreens, which are a little too tall, and the “kidney bean” openings in the Halibrand wheels are too thin. I'll give them high marks for excellent paint and overall fit and finish. They've beautifully simulated the heat discoloration of the exhausts. The usual working features are all in place: the doors open, along with front and rear body panels that expose the framework suspension detailing, engine, and most other major components. Also available in red, it's a nice model, but it just doesn't stand out in any one area. Add in the body shape issue and all I can say is close, but no cigar. $80. Available from Motorsports Miniatures, 800.249.3763; www.motorsportsminiatures.com. 1969 Corvette ZL1 Only two 1969 ZL1 Corvettes were built, and this black on white 1:24-scale model represents one of them, brought to us by the Danbury Mint, which we might refer to as “Corvettes ‘R' Us.” Once again, DM has shown that they do their homework and strive to produce great models for collectors. There is a wealth of detail, with obvious work- ing parts everywhere, down to an opening gas cap door, sun visors that flip up and down, pop-up headlights, hinged spare tire door with another Redline tire, and more. Yes, the removable T-tops fit just as they should. Engine detail is up to the usual DM level of “it's all there.” Even the underside of the hood has been addressed with a round recess and mesh screen inside to surround the air cleaner when the hood is closed. One of the things you can always count on with models from the Danbury Mint is that they all sit well at a proper ride height. Paint and chrome plating on this one are all flawless. The interior is highly and completely detailed. Is there a blemish anywhere? Yes; the seats are covered in leather, '69 ZL1 Details Production Dates: 2005–on Quantity: 10,000 plus (est.) Ratings: Overall Quality: Authenticity: Overall Value: Web: www.danburymint.com which doesn't look very convincing and is not as well finished as all other areas on the model. It also inhibits the fit and position of the movable seat backs. That said, you should not be discouraged in the least. This is highly recommended and reasonably priced at $120. Available from the Danbury Mint, 800.243.4664; www.danburymint.com. 82 Corvette Market SUMMER 2008 www.vettemarket.com ½ Chip Miller's 1957 Corvette Danbury Mint's 1:24-scale model of the late Chip Miller's personal 1957 Corvette is stunning in its unusual twotone paint scheme of Aztec Copper with cream coves (Miller was the founder of Carlisle Productions, which includes Corvettes at Carlisle). Included is a removable tan convertible '57 Vette Details Production Dates: 2006–on Quantity: 10,000 plus (est.) Ratings: Overall Quality: Authenticity: Overall Value: Web: www.danburymint.com ½ top in the up position, which fits snugly in place. The chassis is fully detailed, with perfectly actuated working suspension, along with the non-stock traction bars that were on this particular car. It is a wonderful model with a long list of working features: steering, opening doors and hood, tonneau cover, gas cap door, antenna, and trunk, which reveals a removable rubber floormat over the superbly simulated wood tire cover and obligatory spare tire and jack. Needless to say, the interior has it all. I'm also happy to see replicas of real license plates on this one. Panel gaps overall are very good, though a little uneven, and the paint on the gas cap door doesn't exactly match the rest. For some reason, DM has cut out lower portions of the inner door panels, which expose part of the hidden hinges. As expected, the engine detail is great. Something you don't often hear from any model maker, and I quote: “The Danbury Mint has donated $25,000 to the Chip Miller Charitable Foundation, dedicated to fighting Amyloidosis (the rare plasma cell disorder that claimed lifelong Corvette enthusiast Miller in 2004).” $120. Available from the Danbury Mint, 800.243.4664; www.danburymint.com.