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10 Exclusive Arizona Coverage ■ 140 Corvettes Rated Corvette Market Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends Top Flight Top Price $116k '57 Fuelie Winter 2010 '63 Split-Window F.I. at $122k '78 Pace Car, Big Money at $53k www.corvettemarket.com '89 ZR-1 Prototype, $55k Bargain Disaster at Russo, On-Site Pics


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Corvette Market Keith Martin's Volume 3 . Issue 10 . Winter 2010 24 C1 fuelie 26 Split-Window C2 32 Seriously fast C5 Profiles C1 1957 283/283 Fuel-Injected Convertible—$115,500 “Significant race victories, the magic of one-horsepowerper-cubic-inch, and a new slick-shifting 4-speed added to the mystique of the '57.” 24 by Thomas Glatch C2 1963 327/360 Fuel-Injected Coupe—$121,900 26 by Chip Lamb “Its restoration was an older one, done to the standards of a generation or two ago, but the paint finish had a heavy clearcoat that emphasized weak prepwork.” C3 1978 Indianapolis 500 Pace Car Replica—$52,800 28 by Thomas Glatch “There are plenty of ‘brand new' Pace Cars salted away in storage, but they are rarely seen in the market, as their value has been so low. This sale changes everything.” C4 1989 ZR-1 Pre-Production Coupe—$55,000 30 by John L. Stein C5 1999 Callaway C12 Speedster—$85,250 32 by Michael Pierce “That it carries a real VIN tag beneath the windshield suggests it would be fairly simple to register somewhere, as long as that state's DMV doesn't flag the VIN. “Callaway claims the C12 was designed and built to a standard rather than to a cost, and anyone who has driven one can attest to the level of detail that went into it.” C6 2006 Daytona 500 Z06 Pace Car—$72,600 34 by John L. Stein “GM Design created the undoubtedly expensive paint treatment from DuPont's line of Hot Hues, which includes hallucinogenic shades like ‘Amber Ecstasy' and ‘Hot Poppy.'” On the Cover: 1957 283/283 Fuel-Injected Convertible Photo by Darin Schnabel; courtesy of RM Auctions 4 Corvette Market WINTER 2010 www.corvettemarket.com


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Market Reports 38 Barrett-Jackson, Scottsdale, AZ 114 no-reserve Corvettes make $9.4m in the Arizona desert. by Paul Duchene 50 Mecum, Kissimmee, FL At $190k apiece, two '67 427/435 convertibles lead a $5.7m weekend in central Florida. by Dale Novak 58 Global Roundup 63 Corvettes from six auctions total $1.7m in sales. by CM Market Analysts Features 20 Russo: Arizona storm damage, in pictures 22 Insider's Seminar: 3rd annual event brings together 300 enthusiasts and seven industry leaders 20 Russo and Steele: Picking up the pieces Departments 8 Publisher's Note 10 Insider's View: Which two Corvettes struck your fancy in January? 12 Q&A: High-mileage ZR-1s, replacement engines, new tires 14 Events: Things to do and places to be with your Corvette 18 Auction Calendar 36 Market Overview 44 Short Takes: 2010 Corvette Grand Sport convertible 72 By The Numbers: Top Corvettes sold since November 76 Trick Stuff: Light-up tools, repro leaf springs, radio gadgets 78 In Miniature: Danbury Mint's 1974 coupe in 1:24 scale 78 Speaking Volumes: Corvette Grand Sport 80 Resource Directory 82 Vette-o-bilia: Scrapbooks, banners, manuals, and posters www.corvettemarket.com WINTER 2010 Corvette Market 5


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Publisher's Note By Keith Martin Looking Back, Looking Ahead Corvette Market Keith Martin's Volume 3 . Issue 10 . Winter 2010 Publisher Keith Martin Art Director Kirsten Hegg 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 Chip Lamb Norm Mort Dale Novak Contributors Carl Bomstead Marshall Buck Colin Comer John Draneas Michael Pierce John L. Stein Senior Web Developer Jerret Kinsman Information Technology/ Internet Bryan Wolfe Information Technology Mike Newkirk Financial Manager Nikki Nalum Operations Manager Jennifer Davis-Shockley Print Media Buyer Wendie Martin Director CM Television Roger Williams ADVERTISING SALES Bradley Martin is waiting to meet you at Bloomington Gold. that things are in fact getting better, they're starting to spend again. However, not everything is moving Rare, real cars like the $122k 1963 Split-Window fuelie we profile on page 26 of this issue I will get buyers reaching for their bidding paddles. But cars with questions, including improper restorations or mismatched parts, are actually becoming harder to sell. Having suffered through a mini-crash in values, buyers are being extremely careful with their money, and they simply won't spend it on a “wish and a hope” that a car that looks so good under the lights will look equally good when they have it inspected later... after it's too late. All the talk in Scottsdale this year was about the terrible misfortune suffered by Drew and Josephine Alcazar's Russo and Steele auction, where hurricane-force winds blew down two large tents that covered hundreds of shiny, prepped-for-auction collector cars, including many Corvettes (covered on p. 20). Not only did the tents come down, the massive metal poles holding them up came down as well, crushing anything they fell on. Drew vows he will carry on, and we admire his pluck. On to summer It's time to look forward to Bloomington Gold in June, where I will be emcee of the awards ceremony (and of the Survivor Car Show on Sunday). This year my wife, her son, and my daughter will be joining the Corvette Market gang at Bloomington, so stop by the booth and say hello—we'd like to get a picture of you to put into CM. We'll have our three-year-old son, Bradley, with us as well. If you're a vendor there, be forewarned, he's a tough negotiator. One of the first sentences he learned was, “Will you take half?” And then in August we come to the second annual Corvettes at Concorso, sponsored by Corvette Market and presented as a part of the world-famous Concorso Italiano. Corvettes will have their own corral and hospitality tent, and CM will be presenting trophies in a variety of categories. Take a look at the announcement on page 81; as a CM subscriber, you get a nice discount on your entry fee. There's nothing better than kicking tires on a wonderful golf course in Monterey while being surrounded by very cool cars—and great food and wine as well. ■ 8 Corvette Market WINTER 2010 www.corvettemarket.com guarantee you'll have information overload as you read this issue. The auctions in Arizona, coupled with the Mecum MegaFest in Kissimmee, Florida, mean that literally hundreds of Corvettes are back in play. General consensus is that the market bottomed last year, and as people gain confidence Advertising Executives Tom Mann tom.mann@corvettemarket.com 877.219.2605 x 211 Cody Wilson cody.wilson@corvettemarket.com 877.219.2605 x 213 SUBSCRIPTIONS Subscriptions & Marketing Coordinator Mary Artz Assistant Subscriptions Coordinator Moira Blackflower Subscriptions 877.219.2605 x 1 9 am to 5 pm, M–F service@corvettemarket.com 503.253.2234 fax CORRESPONDENCE Phone 503.261.0555 Fax 503.253.2234 General P.O. Box 4797 Portland, Oregon 97208 FedEx/DHL/UPS 401 NE 19th Street, Suite 100 Portland, Oregon 97232 Web www.corvettemarket.com Corvette Market magazine (ISSN# 1939-6481) is published quarterly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. POSTMASTER: Send address changes to Corvette Market, PO Box 4797, Portland, OR 97208. The information in Corvette Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats, and intellectual concepts in this issue © 2010 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 https://www bcollectorc


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Insider's View The current state of the Corvette market Pick two Corvettes from the recent Arizona and Florida sales that you'd like to have in your garage—one from your auction and one from another, and tell CM readers why 1963 Split-Window 327/300—$110,000 at Barrett-Jackson David Gooding President, Gooding & Company The Corvettes that were sold at the various auctions in Scottsdale this year confirm that the market remains strong for top-quality cars. At the Gooding & Company sale we offered a beautifully restored, award-winning 1957 Cascade Green fuel-injected Corvette that sold for just over $103,000. This car had been in the hands of its original owner for nearly 40 years, which makes for a great story. Another Corvette that caught my eye was sold at Barrett-Jackson for $110,000. It was a 1963 Split-Window 327 4-speed car finished in Ermine White with a red interior. This is my favorite color combination for a Split-Window because the light color allows every line of the incredible design to show through, and the red adds excitement to the sedate exterior color. It looks good from every angle. This was a beautifully restored, numbers-matching car and a great effort was made to 1957 Cascade Green fuel-injected 283/283—$103,400 at Gooding use as many factory-original parts as possible, which will always set the best cars apart from the rest. Mike Fairbairn Vice Chairman, RM Auctions Whenever I'm asked which car from a given sale I'd like to have in my garage, the temptation is strong to pick something really unusual and important—a racing car, even if barely streetable, for example, or something so rare that most people will never see one. Somehow I can't do that with a Corvette; it is, after all, America's sports car. For generations, car guys have idolized the crossed flags, and countless garage debates have swirled around the relative merits of multiple carburetion vs. fuel injection, or whatever was the debate of the day. It is in that spirit that from our sale, I'm going to choose lot 246, our 1957 fuel-injected 283/283—$115,500 at RM 10 Corvette Market WINTER 2010 www.corvettemarket.com 1967 427/400 roadster—$112,200 at Barrett-Jackson Barrett-Jackson Barrett-Jackson


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and performance while retaining the timeless style of the mid-year classics. This is a Corvette that you could drive at freeway speeds all day long while enjoying the incredible sound system and the power of the LS7 engine. It's a piece of art that would pay dividends every time you get behind the wheel. RM Auctions sold a very nice 1957 Corvette, lot 246, for $115,500 that appeals to me also. The car has strong collector appeal with its rare mechanical fuel injection, 4-speed transmission, interesting color combination, and low mileage. And though I did not have the opportunity to spend much time going over the car personally, it appears to have been restored very nicely and was well documented, including the original owner's manual. If well bought, this Corvette should hold its value very well. Dana Mecum President, Mecum High Performance Auctions 1967 custom LS7 convertible—$110,000 at Barrett-Jackson '57 fuel-injected roadster. It was the first fuelie, the first Corvette to exceed the magic one horsepower per cubic inch, and it sold for $115,500, a strong result for a strong car. These early cars had a purity of line that was later lost, and for me, the condition of this car was perfect—pedigree and correctness assured by its NCRS Top Flight status—but aged enough to be drivable without fear of devaluation. With only two cars to choose, I'd make the second one very differ- ent, and it is—Barrett-Jackson's lot 1338.1, which looked like a bargain at $112,200. A '67 roadster with my favorite options—a tri-power 427, the 400-hp version that allows factory a/c and a 4-speed. Add to that a Nassau Blue body with blue and white interior, and you have the ultimate car for the humid summers of the Northeast. Steve Davis President, Barrett-Jackson Auction Company As a passionate collector who likes to enjoy my cars, it's always difficult to narrow down to only a pair of Corvettes. However, there were two that appealed to both the collector and the car enthusiast in me. The first was a custom 1967 Corvette from our auction, lot 1329, which sold for $110,000. This car blends the best of both worlds by wrapping a stunning vintage body around contemporary technology. With a powerful LS7 engine, modern brakes, and tubular frame, the car offers new Corvette dependability For the first time in many years I didn't attend the Arizona auctions—we had nearly 1,000 cars about to cross the block in Kissimmee and I just couldn't get away. So I'm going to take the liberty of talking about two Corvettes from my own auction that I'd like to have in my own garage. The first is a 1967 427/435 convertible. It's an extremely original car; in fact it is the actual car that David Burroughs (Bloomington Gold) created the Survivor program around. It is Marlboro Maroon, and the documentation includes the original tank sticker. This car has an interesting story concerning its paperwork. Burroughs originally purchased it from the second owner. When Burroughs sold it, it went through a string of owners. When I bought it myself a few years ago, suddenly it had a ton of paperwork (window sticker, dealer inspection sheets, Protect-O-Plate, etc. —but all the documents with an owner's name on them had the name of the SECOND owner, the man Burroughs bought it from. So we knew the paper was counterfeit. Fortunately, the original paper still existed, so the car not only survived a chain of ownership, it survived an attempt at, shall we say, creative documentation. Unrestored, it sold for a bargain $189,000, and the owner intends to drive it and enjoy it. The second car was a 1966 427/450 Corvette coupe in red. It's a real 450-hp car with factory documents proving this. This car flew under the radar; it was purchased by a very savvy dealer for $106k. In my opinion, this could easily be a $150k car. ■ 1966 427/450 coupe—$106,000 at Mecum 1967 427/435 convertible—$189,000 at Mecum www.corvettemarket.com WINTER 2010 Corvette Market 11 Mecum Auctions Barrett-Jackson


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Questions &Answers Please send your questions to questions@vettemarket.com. All submissions subject to editing. It's Not the Years, Honey, It's the Mileage Continue to enjoy your ZR-1 as long as you can, and when it finally gets too tired, find a buyer with stars in his eyes and good mechanical aptitude My high-mileage ZR-1 I've had my 1991 ZR-1 for ten years, and the odometer shows 147k miles. It's been a terrific car and always garaged, looks great and has never been damaged. But I know values of these cars are pretty much in the tank and I'm wondering what it's going to cost to rebuild the engine. Do you have any idea how many miles these 4-cam engines are good for? Will it be really expensive to overhaul? Should I just wait for the first sunny days of spring and send it down the road? I know there are a lot of low-mileage examples around—should I just look for one, maybe a 1993–95 model?— R.D., Denver, CO High mileage 1991 ZR-1 A rebuild of your highmileage LT5 engine would be costly, and likely represent a significant portion of your “fully depreciated” 147k-mile ZR-1. It'll be money you will not recoup come sale time. If the engine has been maintained well, and tended to as needed by a knowledgeable LT5 technician, I think you will be pleasantly surprised at how long it will keep going given continued care and feeding befitting a high-mileage unit. If you go to sell the car as-is now, I suspect you won't get much, as buyers like low mileage and will automatically deduct the cost of an engine rebuild. My advice? Continue to enjoy your ZR-1 as long as you can, and when it finally gets too tired to enjoy, find a buyer with stars in his eyes and good mechanical aptitude. At that point, the car owes you nothing and will go on to be fixed up and live on as the new owner's pride and joy—a “win-win” in anybody's book. Gingerbread will not offer a good return I have been a subscriber for a while now and I love the magazine, even though my “collection” is limited to a few Austin-Healeys and Corvettes. I'm hoping to expand into Italians in the future. Anyway, I am hoping you can give me a bit of advice regarding my 1963 Corvette convertible. This car will never be anything but a driver due to previous body damage, incorrect color, etc. The car currently has an incorrect 283-ci motor that burns oil and, surprisingly, my wife doesn't like returning from a drive with her hair reeking of oily exhaust. Do you have any thoughts as to what would be my best bet for a replacement motor? I'm not looking for a “pavement burner” with massive horsepower. Instead I'm trying to figure out which option would provide the best likelihood of 12 Corvette Market WINTER 2010 www.corvettemarket.com recouping the engine investment if and when I sell the car. My sense is that a period-correct, rebuilt 327 is not the best investment for this car. Will a basic crate engine (e.g., GM 350 ci with 250 hp) negatively impact the ability to sell this car? And, finally, if I am going to sell the car in the near future, am I better off leaving the current oil burner in the car? Appreciate any guidance you can provide.—R.M. via email I agree that spending $15k or so under the hood making your car correct with a proper 327 and all the associated 1963 gingerbread will not offer a good return on the investment. Rather, I would suggest a good 350-ci crate motor as you mention, with cast iron heads that will accept original 327 valve covers. I'd dress it up to be period-correct, rather than NCRS or Bloomington Gold correct. If it suits the rest of the car, even some mild period speed parts might be cool—headers, a vintage dual-plane aluminum intake manifold topped with a Holley and vintage air cleaner, and whatever else suits your fancy. Even the most basic crate motor with a decent cam, intake, carb, and exhaust—properly tuned—will be a lot of fun to drive, and easy on the wallet. Not to mention the money you'll save on flowers and dry cleaning bills because it won't make your wife and all of your clothes smell like oily exhaust. Let us know how it turns out. Narrow your choice I have a '66 coupe, a 350-hp, 4-speed, that we use for vintage rallies. It is reasonably stock, but with Bilstein shocks, some minor suspension upgrades, and a well sorted chassis. I like the stock look, and have kept the original knockoff wheels. To that end, I have also been running modern


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radial tires in the 215/70/15 size. Unfortunately, the tires seem to be the weak link. They handle terribly, and the car gets very soft at speed. I don't want to lose the look of the car, but I also don't want to die for it. Does anybody make a modern radial tire in a 15ʺ size that is speed rated above 118 mph, and actually has some performance capabilities? —S.B., Bristol, VA Vintage size tires that work are becoming quite an issue, as you have experienced. I too use these cars for more than just cruising to Burger World on Saturday nights, and have spent a lot of time researching and testing tires. The best tire for high-speed use that I have found by far is the Avon CR6ZZ radial. They are a V-rated tire, so 149 mph can be sustained, and have both DOT and European approval for Which tires for my 1966 coupe? road use. They are available in 15ʺ sizes appropriate for a stock C3 wheel; I think the 225/70/15 might be a good choice for you. At the cost of a little ride quality you will gain a ton of grip and stability. They stick like glue and have a very vintage straight tread design with a rounded sidewall, so they look like period-correct treaded race tires. The negatives? They only come in blackwall, the tread life is rated at 100, and they love to pick up sand and pebbles, so I suggest using mud flaps or 3M clear paint protection film on areas susceptible to road rash. Avons can be a little tricky to source in the U.S, but try Roger Kraus Racing (www. rogerkrausracing.com), and check out the comprehensive size and spec chart for CR6ZZs while you are on their web site to help narrow down your choice (no pun intended). ■ www.corvettemarket.com WINTER 2010 Corvette Market 13


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Insider's View Event Guide Alabama March 27, 2010 Alabama State Wide Corvette Meet, Birmingham Eight Alabama Corvette clubs are responsible for this event, which is designed to meet and greet every Corvette owner in the state of Alabama. The Mid-Alabama Corvette Club plays host at the Barber Motorsports Park, and registration opens at 8 am. $20. www.midalcorvette.com. April 8–11, 2010 30th Corvette Caravan, Dothan Hosted by Circle City Corvettes, this annual event will feature 150-plus Corvettes caravaning from Dothan to Panama City Beach, Florida. There will be a special guest, seminars, a car show, golf tournament, parties, and a Corvette memorabilia auction to benefit the National Corvette Museum. $100. www.circlecitycorvettes.com. May 1, 2010 'Vettes 'n Vibrations Car Show, Pelham This event will be held at the Verizon Amphitheatre in Pelham, with live music, entertainment, and a spectacular assortment of Corvettes from all over the Southeast. Expect all kinds of food and beverages, as well as Elvis. www.midalcorvette.com. Arizona March 20, 2010 NCRS Arizona Chapter Spring Flight Judging, Chandler www.ncrs.org April 7–11, 2010 Bloomington Gold Tours National Park Tour Open to all 1953 to 2010 Corvettes. Explore the beauty of Lake Powell, the Grand Canyon, Bryce and Zion National Parks. The tour includes four nights deluxe lodging, meals, activities, tour cap, route book, group photo, and welcome basket. Limited to a small number. $1,450 single occupancy, $1,695 double. www.bloomingtongoldtours .com. Arkansas April 15–17, 2010 12th Annual Hot Springs Corvette Weekend, Hot Springs The Central Arkansas Corvette Club will host over 300 Corvettes, which will be on display with judging and trophies to be awarded. There will be an early bird party, 14 Corvette Market WINTER 2010 www.corvettemarket.com The current state of the Corvette market Send your Corvette event listing to cmcalendar@vettemarket.com. autocross, poker run, silent auction, door prizes, a cruise through Hot Springs, and more. Proceeds benefit Spina Bifida of Arkansas among other charities. Come join in the fun in Hot Springs National Park. $75. www.centralarkcc.com. California March 26–28, 2010 Legends of Riverside Racing Film Festival and Gala, Riverside This unique film festival will screen notable gearhead flicks such as “High Gear,” “Dorf Goes Auto Racing,” and “Dirty Mary, Crazy Larry,” as well as a collection of Can Am videos, the documentary “Circuit,” about Danny Sullivan's 1985 Can Am season, and more. A tribute to the Greats of Riverside will honor the likes of Phil Hill, Jerry Titus, Masten Gregory, Ken Miles, Richie Ginther, and others, and Carroll Shelby will be honored at the Saturday evening gala dinner. Only 150 tickets are available, at $199 apiece, which gets you into all the events. www.legendsofriverside.com. June 23, 2010 Corvette Supercar Meet, Huntington Beach A five-day supercar extravaganza held in conjunction with the inaugural 2010 BarrettJackson Auction. Includes a full day at Orange County Race Track, a visit to the Petersen Museum, admission to the B-J gala and auction, a live auction for Carroll Shelby's Children's Foundation, a supercar cruise on the Pacific Coast Highway, and much more. Special group parking for all supercars. $745 per car. www.justcruzinevents.com. Connecticut April 18, 2010 NCRS Northeast Chapter Spring Meet www.ncrs.org Florida March 14, 2010 24th Annual Spring Meet Corvette Show, Miami The Sunshine Corvette Club and Kendall Chevrolet once again host this gathering, which will feature judged classes for all Corvette generations for both original and modified cars, with awards for 1st, 2nd, and 3rd. Also a staple of the event are a 50/50 raffle, door prizes, and live music. Preregister by March 1 for $25 or pay $35 at the door. www.sunshinecorvetteclub.com. March 17–20, 2010 58th Annual Mobil 1 12 Hours of Sebring, Sebring The American Le Mans Series makes its eleventh visit to one of America's most sto


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Insider's View Event Guide The current state of the Corvette market Send your Corvette event listing to cmcalendar@vettemarket.com. Michigan June 5, 2010 14th Annual Corvette Encounter, Dearborn An all-Corvette show held at Les Stanford Chevrolet-Cadillac, with judged competition and people's choice awards. Hosted by the Corvette Club of Michigan. $30. www .corvetteclubmi.com. New York Visit the CM booth at Bloomington Gold ried endurance races. Watch as the Corvette C6.Rs race into the darkness and do battle against a diverse field of sports cars and prototypes from Porsche, Jaguar, Panoz, Ferrari, Aston Martin, Ford, Acura, and more. Tickets start at $70. www.americanlemans .com. April 23-24, 2010 Corvette Beach Odyssey, Panama City Beach Proceeds from this all-Corvette car show will benefit the Taunton Children's Home. Hosted by the Emerald Coast Corvette Club and held at Pier Park on Panama City Beach, with music, a silent auction, and 50/50 drawing. $40 advance and $45 after April 4. fvander@ comcast.net. Georgia March 27, 2010 Corvettes in the Mall, Centerville Corvettes Limited of Central Georgia hosts this annual indoor all-Corvette show. Awards include best of show, as well as sponsor and class winner/runner-up trophies for both stock and modified classes. $25.www. corvetteclubcentralga.org. Illinois April 18, 2010 NCCC Concours, Tinley Park Windy City Corvettes and Lakeside Corvettes, both part of the National Council of Corvette Clubs (NCCC), host four concours events at Apple Chevrolet. www .windycitycorvettes.com. June 24–27, 2010 Bloomington Gold, St. Charles Bloomington Gold Corvettes USA is the longest running continuous national Corvette show, and it has set the standards by which other Corvette events are measured. 2010 marks the 38th anniversary, and attractions include GoldSchool, the GoldMarket swapmeet, the GoldField Corvette display on the golf course, and the GoldMine, where you'll find Corvettes for sale by owner. Judged events include Survivor (for original Corvettes), Gold (for Corvettes deemed to be within 95% of the way they left the factory), and Benchmark (awarded to Corvettes that have attained both Survivor and Gold status). Additionally, CM Publisher Martin will emcee the Survivor Collector Car Show, which is open to all makes as long as they are unrestored originals. Registration fees vary by event. www.bloomingtongold.com. 16 Corvette Market WINTER 2010 www.corvettemarket.com Oklahoma May 23–22, 2010 Route 66 Corvette Roundup, Oklahoma City An all-Corvette show hosted by the Central OK Corvette Club. Registration is free, but pre-registration is required. www.centralokcorvetteclub.com. South Carolina April 17, 2010 'Vettes Doing the Charleston, North Charleston This third annual show at Tanger Mall will feature nine classes of people's choice judging, plus six classes of scored judging. $25. www. 4cccc.org. April 24–25, 2010 Watkins Glen Opening Weekend, Watkins Glen The International Motor Racing Research Center and the Registry of Corvette Race Cars will host this annual spring event on opening day weekend of Watkins Glen International. Includes tours of the 6.6-mile Watkins Glen public road circuit (in the historic register), a panel of Corvette racing experts, a reception, Corvette corral, car show, films, and pace laps on the 3.45-mile Watkins Glen International sports car circuit. $60 by April 1, with a 100-car limit. www .racingarchives.org. North Carolina May 29–30, 2010 6th Annual 'Vettes in the Valley, Maggie Valley This all-Corvette show features judged, people's choice, and participant's choice trophies and awards, as well as specialty trophies. Plenty of vendors, a road rally, live entertainment, contests, silent auction, door prizes, and fun with great people and fabulous cars in the Smoky Mountains. $45. www.smokyevents.com.


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Insider's View Event Guide Tennessee March 26–27, 2010 33rd Annual Corvette Expo, Sevierville Planned events for this staple of Tennessee Corvette culture include a swapmeet and judged competition, as well as a ThompsonCarr Collector Car Auction, Grand Run Corvette cruise, and horsepower events. $10. www.corvetteexpo.com. Texas March 20–21, 2010 32nd Annual Corvette/Chevy Expo, Houston At over 125,000 square feet, this is the largest indoor Corvette and Chevrolet event in Texas. The event will feature show cars competing for more than 100 trophies, a classic car sales lot, a swapmeet, and a Miss Hawaiian Tropic bikini contest. Hundreds of vendors will be there, as will the 1969 L88 See-Thru Car. $15 per day or $25 for a twoday pass. www.corvettechevyexpo.com. May 14–16, 2010 Lone Star Corvette Classic, Fort Worth This three-day event at the Texas Motor Speedway is packed with fun for everyone: casino night, a silent auction, vendors, a car corral, gymkhana, and track events. Participants will enjoy the Friday night welcome party and Corvette cruise. More than 600 Corvettes are expected to be on display for the show 'n shine and judged car show activities on Saturday. Proceeds benefit the Speedway Children's Charities and the National Corvette Museum. Registration varies by event. www.lonestarcorvette.com. Virginia April 10, 2010 Corvettes at Waterside, Norfolk The Beachcombers Corvette Club and the 'Vette Barn are working with Relay for Life as the beneficiary of the event, and all net proceeds will go to the American Cancer Society. This is a fun day for Corvette owners to gather, meet, and socialize. $25 until March 26. www.beachcomberscorvetteclub .com. May 8, 2010 2010 Matt Miller Memorial Corvette Show, Winchester The Shenandoah Valley Corvette Club will donate all proceeds of this show to Blue Ridge Hospice. The first 60 Corvettes checked in will be displayed on the walking mall. Additional participants' vehicles will be displayed in parking lots adjoining the mall. Pre-registration is $15, $20 at the door. www.svcorvetteclub.org. ■ 18 Corvette Market WINTER 2010 www.corvettemarket.com APRIL 1-3—BARRETT-JACKSON Palm Beach, FL 3—KRUSE Schaumburg, IL 8-9—TOM MACK Charlotte, NC 9-10—MECUM Kansas City, MO 9-10—LEAKE San Antonio, TX 9-11—COLLECTOR CAR PRODUCTIONS Toronto, CAN Auction Calendar MARCH 6—BONHAMS Oxford, UK 6—SPECIALTY AUTO AUCTIONS Loveland, CO 12—GOODING & CO Amelia Island, FL 13—H&H Warwickshire, UK 13—KRUSE Huntsville, AL 13—RM Amelia Island, FL 15—SHANNONS Melbourne, AUS 19-20—BUD WARD Hot Springs, AR 20-21—ICA Gilbert, AZ 20—SILVER Portland, OR 26-28—RM Fort Lauderdale, FL 26-27—SANTIAGO Amarillo, TX 10—ICA Amarillo, TX 16-17—BRANSON Branson, MO 17—KRUSE Las Vegas, NV 19—BONHAMS Hendon, UK 21—H&H Buxton, UK 22-23—CARLISLE Carlisle, PA 24-25—RM Novi, MI 24—SPECIALTY AUTO AUCTIONS Brighton, CO 30—BONHAMS Monte Carlo, MCO 30—COYS Monte Carlo, MCO 30-May 2—WORLDWIDE GROUP Seabrook, TX MAY 1—BUD WARD Tupelo, MS 1—ICA Dallas, TX 1—RM Monte Carlo, MCO 1—VANDERBRINK Anamosa, IA 3—SHANNONS Sydney, AUS 8—BUD WARD Fort Worth, TX 12—SILVER Spokane, WA 13—AUCTIONS AMERICA Raleigh, NC 14-16—KRUSE Auburn, IN 15-16—SPECIALTY AUTO AUCTIONS Reno, NV 15—VANDERBRINK Sioux Falls, SD 19-23—MECUM Indianapolis, IN 22—ICA Tucson, AZ 22—MIDAMERICA St Paul, MN 22—VANDERBRINK Ludington, MI JUNE 6—BONHAMS Greenwich, CT 7—SHANNONS Melbourne, AUS 11-13—LEAKE Tulsa, OK 12—SPECIALTY AUTO AUCTIONS Sioux Falls, SD 18-19—MECUM St. Paul, MN 19—ICA Birmingham, AL 19—SILVER Coeur d'Alene, ID 25-26—MECUM St. Charles, IL 25-27—BARRETT-JACKSON Costa Mesa, CA 26—VANDERBRINK Grand Rapids, MN The current state of the Corvette market Send your Corvette event listing to cmcalendar@vettemarket.com.


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Scottsdale Storm Mother Nature vs. Tents—The Wind Wins O n January 21, during the annual Arizona auctions, a severe storm hit the Phoenix area. Two 800-foot tents at Russo and Steele were destroyed, and nearly 300 cars beneath them suffered some form of damage, including several Corvettes. You can imagine the lawsuits that will follow. To learn more go to www.corvettemarket.com/AZstorm. See more photos there as well. 20 Corvette Market WINTER 2010 www.corvettemarket.com Courtesy Russo and Steele


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www.corvettemarket.com WINTER 2010 Corvette Market 21


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Corvette Market Insider's Semiar by Paul Duchene Corvettes we have ever offered, and verifying awards is part of our responsibility, too. Ask to see copies of documents,” he said. The panel included the world's foremost Corvette experts: David Burroughs, CEO of Bloomington Gold, the oldest and largest annual Corvette show; Roy Sinor, who has been the president of the NCRS national judges since 1996; Jim Jordan of County Corvette, one of the largest Corvette dealers; Kevin Mackay of Corvette Repair, a leader in NCRS- and Gold-standard restoration; Terry Michaelis of ProTeam Corvette, who has bought and sold 10,000 Corvettes in the past 37 years; Michael Pierce, #30 of over 4,000 NCRS judges nationwide; and Mike Yager, who has been involved with Corvettes since he founded Mid America Motorworks in 1974. Yager delighted everyone by showing up in very good spirits, only four weeks after a quadruple heart bypass. The seminar was divided into two sessions of one hour each. The first discussed when to preserve a car and when to restore it; each panelist gave examples of difficult decisions and what course was decided upon. In addition to the PowerPoint exhibition and discussion of Bloomington Gold and 300 collectors and seven Corvette luminaries at B-J auction site in Scottsdale on Thursday, January 21, for the 3rd Annual Corvette Market Insider's Seminar. Emceed by Publisher Keith Martin, the seminar was D the most successful yet, with lively discussions between the expert panelists, extensive PowerPoint illustrations, and questions from the audience. Barrett-Jackson President Steve Davis welcomed the seated crowd and applauded the approach to Corvette provenance pioneered by Bloomington Gold and the National Corvette Restorers Society. “This year we have the most significant collection of Expert Picks Buy David Burroughs Jim Jordan Kevin Mackay Terry Michaelis Michael Pierce Roy Sinor Mike Yager 1953–75 Corvettes that are at least 75% original 1968–69 L88 1968–69 L88 1968–69 L88 1967–69 L88; 1959–67 tankers Any well-documented smallblock fuelie with solid judging history 1958, '67, '68, '78 cars— tremendous value Sell 1963–66 “average” coupes under 360 hp 1990–95 ZR-1 Basket-cases w/ replacement blocks and no documentation 1966–67 427/435 coupes and convertibles Any Corvette w/ anything that sticks through the hood Any plain Jane C3 or C4 that isn't well documented Any car w/ better equipment than what you already have Hold 1963–72 authentic higher hp convertibles 1967 427/435 1965 327/350 Survivor coupe 1963 327/360 Split-Window fuelie Any Corvette with a “Z” in the RPO Unrestored, original, well-preserved cars 1963 Z06 or documented C4 Challenge race cars Holy Grail 1967 L88 Daytona Race Car 1963 Grand Sport #002 1963 Grand Sport #004 w/ L88 development engine 1963 Grand Sport—not picky 1963 Grand Sport—I'll take any one you'll give me Original 1967 L89 convertible w/ judging history 1963 Grand Sport #002 espite a ferocious winter storm that pounded Arizona and created deep puddles of water all over WestWorld, more than 300 Corvette enthusiasts packed into a 60-foot tent at Barrett-Jackson's NCRS judging standards, both Burroughs and Sinor shared details of the way each organization appraises cars offered for judging, addressing issues of authenticity, what is required for various awards, what can be improved, and what is best left alone. In the spirit of both organizations' “open book” approach to Corvette concours, Corvette Market magazine distributed 36 pages of B-G and NCRS guidelines to each of the seminar attendees. The second half of the seminar was devoted to which cars to buy, hold, or sell in today's market. Each panelist presented his recommendations and reasons and then all seven chose their Corvette “Holy Grail”—the car they'd probably sell all their other cars to get. Several of the panelists offered to sell Mike Yager's house and buy their dream car with that money! Both audience and participants agreed that it was an exceptional experience to have so many Corvette experts and enthusiasts together in one room, all after one thing—how to be smarter Corvette collectors. Publisher Martin promises next year's event will add a number of new experiences. As this year was completely sold out and had standing room only, be sure to make your reservations early; go to www .corvettemarket.com/seminar2011 to reserve your space today. ■ Scottsdale, AZ Corvettes at Barrett-Jackson The third CM seminar was the most successful yet, with lively discussions between expert panelists, an extensive slideshow, and audience questions 22 Corvette Market WINTER 2010 www.corvettemarket.com


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C1 profile 1957 283/283 Fuel-Injected Convertible Harley Earl once remarked, “You can design a car so that every time you get in it, it's a relief—you have a little vacation for a while” by Thomas Glatch Chassis number: E57S106307 come first step in the process, while a major exterior restyling for 1956 provided a much-needed kick on the showroom floor. Although the 1957 Corvette remained virtually identical in appearance to 1956, W the big news came in the form of the enlarged 283-ci small-block V8 engine, destined to become a performance icon. The highest specification benefited from a Rochester mechanical fuel injection unit, a compression increase, and a high-lift mechanical camshaft, good for 283 hp. As a result, the 1957 Corvette famously became just the second American production car to develop one horsepower per cubic inch of displacement (the first was the 1956 Chrysler 331-ci Hemi, which put out 355 hp). Just 1,040 Corvettes were equipped with the fuel-injection option for 1957, and they were capable of acceleration from 0–60 mph in six seconds, en route to top speeds approaching 130 mph. These cars quickly became favorites of sports car racers, who recognized that the fuel-injection system provided a precise, surge-free fuel supply to the engine during competition. A growing list of heavy-duty suspension and braking options was also available, and very soon, the Corvette began dominating SCCA events. Equipped with the impressive 283-ci/283-hp, fuel-injected V8 engine, this 1957 Corvette is a former NCRS Top Flight award-winning example that continues to benefit from its older body-off restoration. While fuel-injected early Corvettes are already quite rare, the car offered here is even more so, being one of 664 Corvettes equipped with the new-for-1957 4-speed manual transmission, as well as one of just 327 examples equipped with a 3:70:1 Positraction rear axle. Other desirable attributes include a turquoise exterior finish with white coves, a tan convertible top, a 6,000-rpm tachometer, a Wonderbar pushbutton-operated AM radio, 24 Corvette Market WINTER 2010 www.corvettemarket.com hile the original Corvettes of 1953–54 were more suited to stylish cruising, a performance boost quickly followed, thanks to Zora Arkus-Duntov, who skillfully guided the Corvette's transformation into a potent sports car. The addition of the powerful, small-block 265-ci V8 engine in 1955 was a wel- full bright wheel covers, body-color steel wheels, and wide whitewall tires. Offered complete with an original owner's manual, this fuelie 1957 Corvette is one of the greatest performance icons ever to come from Detroit. Details Years Produced 1957 Number Produced 1,040 Fuel-Injected (6,339 total) Original List Price $4,115.77 CM Valuation $72,000–$120,000 Tune-up $150 Distributor Cap $19.99 Chassis # VIN plate on the steering column 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 1959 Jaguar XK 150; 1955–57 Ford Thunderbird; 1959 Daimler SP250 CM Investment Grade A Photos: Darin Schnabel/RM Auctions


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CM Analysis This car sold for $115,500, including buyer's premium, at RM's Automobiles of Arizona Auction in Phoenix, Arizona, on January 22, 2010. When you think of the great American designs of the 1950s, cars like the 1955–57 Chevys and Thunderbirds, the Chrysler 300 series cars, and the Corvette come to mind. But as much as fins and chrome defined the era, so too did the rainbow of available colors on these cars. Pastels in two-tones and even three-tones reflected the exuberant mood of the times, just as the psychedelic colors of the late '60s defined that era and the dreary browns, beiges, and navy blues bring to mind the 1970s. 460 color combinations on1957 Chevys Harley Earl established the world's first automotive design studio in 1929—General Motors's Art & Colour Section—and he clearly recognized that color was an important aspect of good design. In fact, GM was the pioneer in the way cars are painted today, having worked with DuPont to create the sprayed nitrocellulose lacquers they introduced in the early 1920s. By the 1950s, the Art & Colour Section had evolved into GM Styling, with responsibility for everything from Frigidaire refrigerators to Electromotive locomotives. “Colour” may have been dropped from the department's name, but their use of color soared to new heights. And when someone complained to Chevrolet president Ed Cole about the 460 different color combinations on the 1957 Chevy sedans, he simply said, “It will take more than styling to sell these cars.” Corvettes that year had just seven colors to choose from, either in monotone or with contrasting “coves.” The magic of one-horsepower-per-cubic-inch for the fuelies and a new slick-shifting 4-speed gearbox—along with racing victories at Sebring and elsewhere—just added to the mystique. Then there is the updated styling that was introduced the year before. Harley Earl once remarked,“You can design a car so that every time you get in it, it's a relief—you have a little vacation for a while.” The '57 Corvette was one of those cars. You can repaint a C1 Corvette any color you like Out of the 6,339 Corvettes built in 1957, fully 75% were painted either Onyx Black, Polo White, or Venetian Red. Personally, I'd rather be in the 25% who chose Aztec Copper, Inca Silver, Arctic Blue, or, my favorite, Cascade Green. But since firstgeneration Corvettes do not have a trim tag, when restoring one of these cars you can really paint it any one of the colors available that year, and it seems the majority of restored '57s are black or red. That's probably done to make them more marketable—black and red are histori- cally the most popular Corvette colors—but I tend to think it's the period panache of this Cascade Green '57 that bumped it almost to high book, which is $120k. At this price, in this condition, I would say that both buyer and seller should be pleased. ■ (Introductory description courtesy of RM Auctions.) Tom Glatch has been contributing stories and photographs to automotive magazines since 1983, and began covering Corvettes in 1989. He lives in Wisconsin. www.corvettemarket.com WINTER 2010 Corvette Market 25


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C2 profile 1963 327/360 Fuel-Injected Coupe Most Corvette aficionados will argue that the Split-Window coupe represents a purity of concept, even if only due to the two smaller back windows by Chip Lamb Chassis number: 30837S117609 Positraction rear axle. The car sports knockoff aluminum wheels, a rare AM/FM radio, and equally rare power windows. No detail, no matter how small, was left untouched in the frame-off restoration of T this expertly finished Split-Window. CM Analysis This car sold for $121,900, including buyer's premium, as part of the in Kissimmee, Florida, on January 30, 2010. Chevrolet's new, second-generation Corvette Sting Ray was immediately lauded in the period automotive press for its handling and overall performance, including its sheer power output. Car Life bestowed its annual “Award for Engineering Excellence” upon the car. Underhood, the press also thought the 327-ci V8 that had debuted in 1962 was even better in the new car. This comes as little surprise, since only the Corvette offered so many different lev- els of performance tuning. At the top were two 360-horsepower engines: the Rochester fuel-injected mill, and the super-rare Z06 developed for the Grand Sport. The 1963 Corvette competed with or even exceeded the amenities offered by the best European sports cars. With contoured bucket seats and available leather upholstery, telescopic steering wheel adjustment, large and visible instrumentation, as well as a heating and ventilation system that was able to cope with the greater extremes of the North American climate, the new Corvette had arrived in the top rank of sports cars. The C2 scored in the performance departments as well, since the new independent 26 Corvette Market WINTER 2010 www.corvettemarket.com no-reserve Hammack Collection at Mecum's High Performance Auction his 1963 Corvette Sting Ray Split-Window coupe is finished in the rare and correct Saddle Tan metallic over a Saddle leather interior. Under the hood, a correct and believed-original 327 cubic-inch, 360-hp, Rochester fuel-injected V8 is mated to a close-ratio Muncie M20 4-speed manual transmission and 3.70:1 Details Years Produced 1963 Number Produced 10,594 coupes Original List Price $4,257 plus $1,000 for options present CM Valuation $74,000–$142,000 Tune-up Distributor Cap $15 Chassis # Beneath passenger side dash along structural support Engine # Pad on passenger side of engine forward of cylinder head Club National Corvette Restorers Society 6291 Day Rd. Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 1965–67 Chevrolet Corvette 396/427; 1968–69 Chevrolet Corvette L89; 1965–66 Shelby GT350 CM Investment Grade A $250 (any problems with the fuel-injection system could cost a multiple of this figure) Photos: Mecum Auctions


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rear suspension complemented the output available from the 327 V8 in providing better adhesion compared to the live-axle cars—not to mention much of the competition. In testing a duplicate of our subject car, a 4-speed fuelie with a 3.70:1 axle, Motor Trend reported 0–60 mph times of 5.8 seconds and a 14.5-second standing quarter mile at 102 mph. They also recorded better than 18 miles per gallon at legal highway speeds and an overall 14.1 miles per gallon, much of which was doubtless pedal-tothe-metal. The Split-Window was a one-year-only car The installation of factory options reflected the market's demand for raw per- formance in sporting cars. Corvette's optional power brakes went into only 15% of production, power steering into just 12%. Only 278 buyers for 1963 specified the hefty $421.80 for air conditioning, and the $80.70 leather upholstery was ordered on only about 400 cars. Even the Kelsey-Hayes knockoff alloy wheels at $322.80 were ordered by only a handful of buyers (and no deliveries were ever confirmed). However, almost 18,000 of the total 21,513 Sting Rays that left St. Louis had the 4-speed Muncie manual gearbox—better than four out of every five. Since the 1964 car lost the twin-pane rear glass, the Split-Window was a one-year- only car. By contrast, a 1964 fuel-injected Corvette with 15 more horsepower, better rearward visibility, and arguably more of the first-year car's bugs worked out has a value of $20,000 to $40,000 less than a Split-Window. Most Corvette aficionados will argue that the Split-Window coupe represents a purity of concept, if only for those two smaller panes of glass and a bit of extra fiberglass that obscured part of the traffic in the driver's rearview mirror. When combined with an original fuel-injected 327, a Muncie 4-speed, and the desirable 3.70:1 rear end, a Split-Window would be hard to beat. Here's where our subject car comes under the microscope. I happened to be on the ground in Kissimmee in January where this car was offered at no reserve as part of the 50-or-so-car Hammack Collection consigned by Mecum well in advance of the auction. Its restoration was evidently a comprehensive older one, done to the standards of a generation or two ago. Body gaps were production-quality or better, but the car's paint finish had an atypical metallic mix and heavy clearcoat that emphasized the need for greater prepwork, and it also showed some shrinkage from age. 50,200 miles was a believable figure Inside the jambs, some light cracking was evident, notably along the rain gut- ters behind the tops of both doors. The glass was original, and the rear panes exhibited some scratches. Chrome and brightwork were restored or replated as needed and exhibited few flaws. Inside, no aging was evident. The supple tan leather, correct carpets and trim were what one would expect from a well-executed restoration. The car's odometer read just 50,200 miles, a believable figure. This car's engine pad had been scraped clean of paint, with both its chassis number and type designation stampings evident. Some thought the stampings “atypical,” while other experts found them “typical” or “real.” The car card made no mention of a numbers-matching claim, and there's a good reason for the absence of the assertion on Mecum's paperwork. Mecum has clamped down hard on claims and beliefs about matching numbers, presenting an iron-clad contract to consignors who must stand behind their claims before and after the sale. A friend brought two Corvettes to Kissimmee—a non-numbers-matching big-block convertible and an all-numbers-matching, NCRS-judged small-block coupe. He related to me the in-depth nature of Mecum's contract with consignors as regards all-numbersmatching cars. Mecum is to be commended for this. Mecum's web site description stated that the car was “believed” to have matching numbers, and there was no mention of this at all on the car card. As we have noted in Corvette Market, with fifty-plus-year-old cars, it is often impossible to have “real paperwork” that authenticates a car. However, a Corvette sleuth in the audience reported to CM that the tell-tale bits that indicated this car was originally a fuelie were intact. The real issue with this car is the paint. For the car to be judged at Bloomington or by NCRS, the heavy metallic base/clear “plastic” type paint would have to be completely stripped off. Metallics are hard to get right unless done in a lacquer-type paint. Certainly this was a lot of money, but not ALL the money. Another $15,000 will get the paint and body issues into compliance for Bloomington and NCRS judging, and at that point, I would call this car well bought. ■ (Introductory description courtesy of Mecum Auctions.) CHIP LAMB has been writing about cars and the people who own them for over ten years. He regularly reports on the market for CM and SCM. www.corvettemarket.com WINTER 2010 Corvette Market 27


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C3 profile 1978 Indianapolis 500 Pace Car Replica Buyers who paid a premium for their Pace Cars and those who held on hoping for big gains owned the equivalent of buried cash in a coffee can. Until now by Thomas Glatch Chassis number: 1Z8748S901019 G erald Chouinard is upset. He wants to buy a new Chevrolet near his Aurora, Ill., home, but he says the dealer won't sell it to him—even though Mr. Chouinard put down a $1,000 deposit last September and never quibbled about the price, which exceeds $13,000. Now Mr. Chouinard has gone to court....” So began the story in the March 27, 1978, issue of the Wall Street Journal titled “Few Want to Drive This Car, but Many Are Eager to Buy It.” There was already an incredible buzz among the Corvette faithful about the upcoming 1978 Special Edition Corvette, better known as the Indianapolis 500 Pace Car Replica, but this article now broke the news to the rest of the world. Already the market was getting crazy about this car, even though production had just begun the week before the story broke, and no one had seen the car in the flesh. Only one Pace Car was allocated to each dealer, so the total production was 6,502, and the speculators traveled all over to put their deposit on as many coveted Pace Cars as they could find or afford. What was missing from all this hoopla was that the 1978 Corvette was a pretty good vehicle. The ten-year-old body was freshened with the inclusion of the large fastback rear window. The all-new interior was much more comfortable with an increase in space. Power was becoming acceptable again, with the L82 option delivering 220 hp. Compared to the other cars of the late 1970s, the Corvette was in a class by itself. Jim Rathmann, 1960 Indy 500, drove the actual Pace Car—an L82 automatic with Gymkhana suspension—during the 1978 race and reported, “I've been told the car is strictly stock, which doesn't surprise me. I doubt if there's a stock Corvette that wouldn't handle well enough or run fast enough to pace the ‘500'.” It's a mystery why it took 25 years for the Corvette to be selected to pace the Indy 500, but that wait may have fueled the Pace Car feeding frenzy. And if you were looking for a '78 Pace Car to buy today, this would be the one. It has the most collectible powertrain with the 350-ci L82 V8 and the 4-speed manual transmission. It is also equipped with the FE7 Gymkhana suspension, like the actual Pace Car. This '78 has just 158 miles on the odometer, which is not that unusual, but it is one of the rare Pace Cars that escaped 28 Corvette Market WINTER 2010 www.corvettemarket.com the speculators, having been owned by the original dealer until a few months before the sale. The original window sticker is still in place on the right door glass. Details Years Produced 1978 Number Produced 6,502 Pace Cars (46,776 total) Original List Price $14,219.21 CM Valuation $20,000–$40,000 Tune-up $150 Distributor Cap $19.99 Chassis # VIN plate on driver's side dash 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 1978 Pontiac Firebird Trans Am; 1978 Chevrolet Z/28; 1978 Ford Mustang King Cobra CM Investment Grade C Photos: Barrett-Jackson


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CM Analysis This car sold for $52,800, including buyer's premium, at the 39th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Arizona, on January 22, 2010. In the 93 runnings of the Indianapolis 500, Corvettes have paced the race ten times—1978, '86, '95, '98, 2002, '04, '05, '06, '07, and '08. The black and silver Pace Car replica is all anybody connects to the 1978 model at this point, but that year also saw a number of changes. The fastback window created more space, but it wasn't a hatchback, so getting anything back there was a trial. The glass heated up the interior too, but at least there was a retracting cover for security. Inside, the gauges were redesigned in a squarer mode and a glovebox was added. Door panels were new, with removable armrests, and the windshield wiper and washer controls moved back to the instrument panel. Chevrolet planned 300 sets of “Corvette” tires Chevrolet was originally going to build 300 limited-edition cars for 1978, to honor the 300 Corvettes built in 1953. The company even considered making 300 sets of Goodyear tires with the word “Corvette” on the side, but cooler heads prevailed. Instead, the company bowed to the demands of the 6,502 Chevrolet dealers and built one car for each. Had GM stuck to the original plan, the story of Corvette's first Pace Car may have been very different. The reality, however, was that supply eventually far outstripped demand. The speculators who got in early and got the cars and then “flipped” them for a quick sale probably turned a decent profit. Those who paid a premium for their Pace Cars (some paid as much as $75k) and those who held on to them hoping for greater gains, soon learned they owned the investment equivalent of burying cash in a coffee can. Until now. Plenty of “brand new” examples stashed It seems most '78 Pace Cars on the mar- ket are high-mile, well-worn examples that sell for very little (but at least these owners got some enjoyment out of them). There are plenty of “brand new” Pace Cars salted away in climate-controlled storage, but they are rarely seen in the market, as their value has been so low. The sale of this Pace Car for $52,800 changes every- thing. While it is much too early to claim that the Pace Car's time has come, I won't be surprised to see a few more of these like-new cars cross auction blocks in the near future, and it will be interesting to see if this sale was an anomaly, or if the market is finally ready for a perfectly preserved Pace Car with the correct options. The bar has been raised, but until we see a few more sales at this level, I'd have to call this car very well sold. ■ (Introductory description courtesy of Barrett- Jackson.) www.corvettemarket.com WINTER 2010 Corvette Market 29


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C4 profile 1989 ZR-1 Pre-Production Coupe If you want to get technical about it, this 1989 ZR-1—a model never officially released for sale—is among the rarest of all Corvettes. Only 84 were built By John L. Stein Chassis number: 1G1YZ21J4K580004 stored vehicle complies with all applicable laws and regulations prior to any sale or use of the vehicle on public roads. T CM Analysis This car sold for $55,000, including buyer's premium, at the 39th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Arizona, on January 19, 2010. Prior to the delayed launch of the 1990 ZR-1, Chevrolet built 84 early-production 1989 models for a spectacular media launch event in France. So if you want to get technical about it, the 1989 Corvette ZR-1—a model never officially released for sale—is among the rarest of all Corvettes. Putting this in perspective, far more original 1953 Polo White roadsters (300), 1963 Z06s (199), and even 1969 L88s (116) were made. In this case, the $55,000 question is, does rarity in and of itself impart value? Whooping cough is also rare, but this doesn't mean you want it. The point here is that rarity without historical significance is worthless. And this begs still another question: What is the historical significance of the 84 stillborn 1989 ZR-1s? Fueled by an explosion of interest in racing and performance cars, and champi- oned by Chevrolet general manager Jim Perkins, the ZR-1 launched in late 1989 to worldwide acclaim for its Lotus-designed 32-valve aluminum LT5 V8. 30 Corvette Market WINTER 2010 www.corvettemarket.com his car is one of 84 1989 ZR-1s built and never released to the public. It was used for media events and auto shows and is sold on a salvage title. As with all Heritage Collection cars, this vehicle will be conveyed to the buyer with a “salvage” title. The buyer is responsible for ensuring that the re- Details Years Produced 1989 Number Produced 84 (pre-production only) Original List Price $58,995 (1990 ZR-1) CM Valuation $40,000–$60,000 Tune-up $500 Distributor Cap n/a Chassis # Lower-left windshield corner Engine # Lower rear side of crankcase Club www.zr1netregistry.com Alternatives 1987–91 Corvette Callaway Twin Turbo; 1988–89 Corvette Challenge racer; 1996 Corvette Grand Sport CM Investment Grade B Photos: Barrett-Jackson


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The car delivered a then-euphoric 375 horsepower and Euro-type engineering cache that promised Corvette would compete—in performance as well as sophistication—with cars like the similarly powered Porsche 928 S4. So anticipated was the ZR-1 by the media that it reportedly garnered more magazine covers than any car in history. Not all that glimmers is gold How wrong they all were, because in a matter of six years both the ZR-1 and Porsche 928 would be in their graves—the expensive ZR1 RPO eventually replaced by an equally powerful pushrod C5 Z06 model, and the V8 Porsche ignored by disinterested cognoscenti in favor of the “real” Porsche, the 911. (Harley-Davidson later repeated the mistake by introducing a high-tech V-Rod with a Porsche-designed liquid-cooled OHC V-twin, which the H-D pushrod-faithful also avoided.) This shows that certain nameplates like Corvette, Porsche, and Harley-Davidson carry tremendous inertia, and they can be very hard to steer anywhere besides straight ahead. All of which brings us to this particular 1989 ZR-1, which sold out of the GM Heritage Collection. The scarce auction copy, perhaps a few minutes' masterwork for some staff attorney, first implies that the car cannot be licensed, and then disclaims that the buyer is responsible for its legality before doing so. But the fact that this car carried a real VIN tag beneath the windshield suggests that it would be fairly simple to register in one state or another, as long as that state's DMV's database doesn't flag the VIN. It that case, a dealer plate would surely get you by for the occasional foray into the public domain. Let's hope the buyer knew the score on this matter, because with only 344 miles showing on the odometer, this 21-year-old relic has a lot of life left, with a few good stories to carry along with it—so long as they can be discovered. Double the ZR-1 market value... and worth it The body already has enough chips, cracks, and scrapes that you'd scarcely notice a few more, picked up at a track day or else charging across the Appalachians. Missing its original ZR-1 badges and sporting mismatched front wheels (fortunately with the correct ones stored inside), rusty iron brake rotors, and filthy wheelwells, this relic had the long-slumbering demeanor of Punxsutawney Phil and seemed unprepared for the spotlight at auction. But all those visible warts likely meant the sellers weren't trying to hide any other flaws. As to the price paid, this ugly duckling pulled roughly twice what an average- condition first-year 1990 ZR-1 will fetch this year. Nevertheless, I like “stories” when they're the good kind, and this car has fascinating chops. To me, the hammered condition makes it all the more appealing, because these battle scars are the proof points of a life well lived. And with most of the other pre-production ZR-1s probably scrapped or exported, this one is actually a rare duck. Time, care, and research will make it well bought indeed. ■ (Introductory description courtesy of Barrett-Jackson.) JOHN L. STEIN served as editor of Corvette Quarterly from 1998 to 2005, the only independent editor to lead GM's flagship magazine. www.corvettemarket.com WINTER 2010 Corvette Market 31


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C5 profile 1999 Callaway C12 Speedster The Callaway C12 program was actually conceived to be a series of road and track vehicles with entrée to the GT2 class at Le Mans by Michael Pierce Chassis number: 1G1YY32G6X5126571 nies, Callaway and IVM, the C12 was intended as a bespoke, high-performance car that offered its occupants a civilized interior and relaxed ride. With aerodynamic bodywork fabricated from fiberglass, carbon fiber and Kevlar, R a massaged aluminum V8 engine, heavily revised suspension, enormous disc brakes, and a thoughtfully upgraded interior, the Callaway C12 is a custom-built American supercar. It is so different from its Corvette base that cars sent to Europe are titled as Callaways. Very few of these cars were built and most were custom made to specifications of the clients. One of only two such Speedsters built, this Callaway C12 was constructed to the special order of Bruce Callner, a longtime Callaway client. As delivered, the car was one of two C12s delivered with an automatic transmission and the only automatic Speedster ever built. Not content with the standard automatic set-up, Callaway purpose-built the transmission to cope with the tremendous power of the V8, and the electronic controls were modified. This Speedster was also ordered with dual coil suspension, blue and cream leather seats, metallic Lambo Blue paint, the Le Mans brake package, and interior carbon fiber trim, which contributed to a price in excess of $225,000. CM Analysis This car sold for $85,250, including buyer's premium, at Gooding & Company's Scottsdale Auction on January 23, 2010. Think major autobahn cruiser The Callaway C12 program was initially conceived to be a series of production vehicles with entrée to the GT2 class at Le Mans. The program was a success, with the cars it entered taking the class pole position at Le Mans in 2001—a move that 32 Corvette Market WINTER 2010 www.corvettemarket.com eeves Callaway has built a reputation for producing some of the most sophisticated and advanced Corvette-based sports cars. Introduced in 1998, Callaway's C12 continued this legacy. Designed, developed and constructed by two top German engineering and development compa- bested entrants from both longtime Le Mans competitors Porsche and Ferrari. Production versions, like this car, were built along- side the race versions, with features including a 5.7-liter LS1 engine putting out 440 hp at 6,300 rpm, 14-inch Details Years Produced 1997–2001 Number Produced 20 (2 Speedsters) Original List Price $228,000 CM Valuation $75,000–$80,000 Tune-up $500 Distributor Cap $25 Chassis # Driver's side dash at windshield Engine # On engine pad surface, passenger's side, front of block Club National Corvette Restorers Society 6291 Day Rd. Cincinnati, OH 45252-1334 More www.ncrs.org Alternatives 2010 Corvette Z06; 1987–90 Callaway Twin Turbo; 1990–95 Corvette ZR-1s CM Investment Grade C Photos by Pawel Litwinski, courtesy Gooding & Company


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four-wheel disc brakes with ABS, Callaway-tuned suspension, a carbon fiber/Kevlar/fiberglass body designed by Paul Deutschman (of Sledgehammer and Aero-Body fame), and a unique paint and interior scheme. It was specially engineered to use 19-inch 25-series P-Zero Pirellis, and was built between Callaway in Connecticut and Callaway Competition in Leingarten, Germany, where it gained full manufacturing status… think major autobahn cruiser. The C12 series was produced from 1997 to 2001, with a total production of 20 cars. Lot 146 at Gooding was #16, one of only two C12 Speedsters built, and it was the only one with an automatic transmission. It carried a list price of $228,000 in 1999. But is it jinxed? In an almost-Hitchcockian twist, this car has been followed by a tale of ill fortune. First owner Callner died a month after he bought the car, and the second owner, a Mr. Kilkenny, died the same year he purchased it for a reported $137,500. Corvette Mike Vietro bought the car next and drove the Petersen Automotive Museum Rally from Los Angeles to Quail Lodge in Carmel. When he got there, he received a call that his father had just died. Otis Chandler purchased the car through Vietro in 2002 for $115,000, and it remained in his collection until he died in 2006. John O'Quinn, one of the world's great automobile collectors, owned the car next, adding it to his amazing stable of 1,000 cars, where it stayed throughout the last six years of his life. He died in an automobile accident in Houston in 2009. But now there is a new chapter. Gooding consigned the car to the auction in Arizona, where the successful bidder paid $85,250 all in to own it. He has already contacted Callaway to register himself as the proud new owner. This C12 has averaged only about 1,000 miles a year since new, so it should be ready for many more years of enjoyment. Huge money for huge performance Callaway Cars Inc. has produced close to 1,000 specially modified, styled, and tuned cars, most of which sit on original Corvette platforms. Callaway claims the C12 package was designed and built to a standard rather than to a cost, and anyone who has spent any time behind the wheel of one can attest to the level of detail that went into it. With a top speed of around 188 mph and a 0–60 mph time of around 4.7 seconds, it's a true supercar, and with both unique styling and extremely limited numbers—especially when it comes to the roadster—it's as exclusive and upmarket as you can get in a C5. Many other Callaway Corvettes have either held their values or been on a slight uptick in selling price—but they are bought, not sold, with potential owners generally seeking them out. The few B2K Speedsters (1987–91) built have held at over $100,000 for many years, and the C16 third-series cars are now trading for close to $300,000. So although this C12 roadster might be considered sold at a current market value, as a one-off supercar offering both superb performance and exclusivity, I'd still call it well bought. It is surely fully depreciated, yet has covered few miles, and it will offer the new owner all of the excitement the original owner had, yet at barely more than one-third the original cost. ■ www.corvettemarket.com WINTER 2010 Corvette Market 33


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C6 profile by John L. Stein A Selection of C6s that sold recently on eBay 2006 Daytona 500 Z06 Pace Car The price was nearly 50% above the value of an ordinary used Z06, and more even than a 2006 Z06 cost new, so I'm not quite sure what to say Chassis number: 1G1YY2Y865100048 was used by Chevrolet solely for display purposes at the 2006 Daytona 500. This car has not been used for any on-track activities. Like nearly every one of the Heritage Collection cars, it will be sold on a salvage T title, and the buyer is responsible for ensuring that the vehicle complies with all applicable laws and regulations prior to any sale or use of the vehicle on public roads. CM Analysis This car sold for $72,600, including buyer's premium, at the 39th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Arizona, on January 19, 2010. Don't get me started on this, but the day you see me driving any Corvette with pace car decals to Sunday brunch wearing a pair of Dockers and an NCRS shirt will probably be, well, never, thank you. Quite simply, I find the entire marketing shtick of selling pace car replicas—Indy, Daytona, or Gopher Hollow Raceway—as quite possibly the apogee of bad taste and wanton pandering to wannabes. The Corvette Z06 is a brilliant motorcar devised by a Warren, Michigan, brain trust that makes any Mensa member look like the class dunce. And you are never going to improve it—or your standing in any group of real car guys—with $59.95 worth of vinyl stickers and some furtive story that it's one of 1,200 made. If this analysis ended here I'd opine that the value of any Pace Car edition is exactly the same as a comparable non-pace car model, minus the cost of removing the decals. But that is not quite the case here, as the ex-Daytona 500 “Official Pace Z06” selling for the righteous side of $70k at Barrett-Jackson was presented as the second of three actual pace cars from that year. Outfitted as noted above with most of the extras necessary to lead the field on its parade and pace laps (and during caution periods) at Daytona, this particular example 34 Corvette Market WINTER 2010 www.corvettemarket.com his 2006 Daytona 500 Corvette Z06 Pace Car is one of three identical Z06 Pace Cars that were built to support the 2006 Daytona 500 race, and which carry a unique paint scheme designed by the GM Design Staff for the Daytona 500 that year. This Pace Car has been in the GM Heritage Collection since the event and is not a replica at all, but the real thing. Unfortunately for it, however, the car wasn't used on the track, but for display purposes only. Pace Car fame is fleeting The appearance at Daytona changes my opinion only minutely, because this car didn't have any meanDetails Years Produced 2006 Number Produced 3 Original List Price $65,800 (2006 Z06) CM Valuation $48,500–$54,000 Tune-up $500 Distributor Cap n/a Chassis # Lower-left windshield corner Engine # Pod forward of cylinder head on right side Club www.pacecarregistry.com Alternatives 2007 Corvette Pace Car convertible; 2007 Corvette Ron Fellows Z06; 1995 Corvette Pace Car convertible CM Investment Grade B Photos: Barrett-Jackson


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ingful role to play at the event, didn't pace the field, and didn't contribute to history. (Ironically, its own engineering is both more powerful and more sophisticated than the tube-framed, carbureted “throwbacks” the other Corvette Pace Car led around the tri-oval.) At its heart, this Corvette is just a standard-issue Z06 with a handful of bolt-on extras installed, including a racing harness that's less convenient than the stock three-point inertia belt, a booming Corsa exhaust that will make you wish you were still at brunch, strobe connectors (the actual rooftop strobes removed), and a fire extinguisher that, okay, we probably should all carry, just in case. What this premium-priced Corvette lacks in active duty it makes up for in flamboy- ant paintwork, which CM Executive Editor Paul Duchene fittingly jested “will make you glad you're inside.” GM Design created the undoubtedly expensive treatment from DuPont's line of Hot Hues colors, which includes such hallucinogenic shades as “Amber Ecstasy” and “Hot Poppy.” Salvage title probably not an issue Of slightly less concern is this Corvette's salvage title, which under normal circum- stances could detract from the value and make the vehicle more difficult to insure. As a known Pace Car from GM's Heritage Collection, however, the situation is understandable and probably will have no affect on value or usability over the long term. In terms of value, if this Daytona Pace Car had been priced in keeping with any other four-year-old Z06, I'd recommend the new owner peel off the decals (if possible), ditch the racing harness, and enjoy the heck out of a great low-mileage used car, smug in the knowledge that it had once enjoyed a brief but fairly meaningless courtship with fame. However, seeing as how the price paid was nearly 50% above the value of an ordinary used Z06—and actually almost $7,000 more than a 2006 Z06 cost new—I'm not quite sure what to say. From an end user/driver/private enthusiast's point of view, either I've completely missed the point, or someone else has. But there is a caveat here. If this car is going to a mu- seum that specializes either in Corvettes or in Daytona 500 artifacts, it could be considered fairly bought, as it now has a commercial purpose. If it went to a collector who has a Pace Car collection and needs this car to fill out a royal flush, the price also makes sense; when you need something very specific, you have to be prepared to pay. And as with all cars sold at no reserve, there is some solace in knowing that if you “paid too much,” it was only by one bid. ■ (Introductory description courtesy of Barrett- Jackson.) www.corvettemarket.com WINTER 2010 Corvette Market 35


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Market Report Overview Winter Corvette Sales Reflect a Recovering Market Most sales saw gradual growth in values, as well as more high-end Corvettes with good histories and documentation By Jim Pickering of gradual growth in collectible Corvette values, and the solid prices achieved for many consignments at locations around the U.S. suggest that the market is rebounding— at least for now. Arizona in January is one of the most popular destina- I tions of the year for car guys, with several well-known auctions in the area typically bringing some of the most expensive and highest-profile cars seen annually. But the biggest news in Arizona this year revolved around weather rather than prices, as a massive storm descended upon Scottsdale during the peak of the sales, bringing high winds and heavy rain that hammered the auction sites for the better part of two days. Russo and Steele was hit hardest, with two of its 800-foot auction tents blowing down onto the cars underneath, causing hundreds of thousands of dollars in damage and closing the auction site to the public for two days. As we go to press, Russo and Steele has not yet released any official sales figures, and coverage of the auction is not included in this issue. Barrett-Jackson survived the storm without dam- t's no secret the past two years have seen some of the toughest collector car market conditions in recent memory, but sales taking place during the closing months of 2009 and the beginning of 2010 saw a trend Top Ten Sales This Issue 1. 1967 Corvette 427/435 convertible, $190,800—Lot S160, p. 54 2. 1967 Corvette 427/435 convertible, $190,800—Lot S135, p. 54 3. 1960 Corvette 283/290 convertible, $181,500—Lot 1263, p. 40 4. 1965 Corvette 327/365 convertible, $170,500—Lot 1259, p. 42 5. 1955 Corvette 265/195 roadster, $167,200—Lot 1332, p. 40 6. 1967 Corvette 427/435 convertible, $161,700—Lot 1267, p. 45 7. 1967 Corvette 427/435 convertible, $148,400—Lot S114, p. 54 8. 1969 Corvette Custom convertible, $143,000—Lot 1269.1, p. 46 9. 1967 Corvette 427/400 convertible, $137,500—Lot 1351, p. 45 10. 1963 Corvette 327/360 coupe, $121,900—Lot S134, p. 54 Best Buys 1. 1996 Corvette LT4 coupe, $6,588—Lot 745, p. 68 2. 1969 Corvette 350/300 convertible, $42,400—Lot S221.1, p.56 age, and it was again the king of the hill when it came to Arizona Corvette totals—but it's also the most well known of the group, thanks to live Speed Channel broadcasts of the auction and over 1,000 consignments. Of the 1,193 cars available this year, 114 Corvettes were offered, all at no reserve, selling for a final total of $9.4m—down from 2009's $9.8m achieved for 127 cars, but with a higher average price of $82k vs. last year's $77k. Mid-years were again a big draw here, with big-block cars continuing to spearhead values, but a new trend was the addition of late-model “instant collectible” Special and Limited Edition C6s, which brought hefty prices across the block. Executive Editor Paul Duchene noted fewer late C3s and C4s than have been seen here in the past, but in general, he found prices holding strong, as evidenced by a 1958 custom convertible that was the highest selling Corvette at $220k, a 1978 Indy Pace Car that made $52,800 (see the profile, p. 28), and a 1960 Duntov Award-winning 283/290 fuelie convertible that made $181,500. Mecum's annual Kissimmee High Performance Auction took place January 28–31 at Osceola Heritage 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 3. 1965 Corvette 327/375 convertible, $83,600—Lot 1015, p. 44 4. 1968 Corvette 327/300 convertible, $36,570—Lot S46, p. 62 5. 1963 Corvette 327/300 coupe, $47,500—Lot 23A, p. 60 Park in Kissimmee, Florida, and Auction Analyst Dale Novak was there to note 703 of 985 lots selling for a grand total of $26.5m. Of the 147 Corvettes on offer, 119 sold, adding up to an 81% sell-through rate and a combined total of $5.7m. Compared to 2009, where 86 of 153 cars brought $4.9m, this was a huge jump in totals, and Novak found prices to be strong across the board, with a pair of '67 427/435 convertibles tied for high sale honors at $190,800 each. While the market may still be in the midst of re- adjusting itself, it seems that a certain degree of collector confidence has returned, and although the values of 2006 and 2007 remain a dream for many, there is still big money out there for the right cars in the right condition. ■ 36 Corvette Market WINTER 2010 www.corvettemarket.com Mecum Auctions


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Market Report Barrett-Jackson Scottsdale, AZ 39th Annual Scottsdale Collector Car Auction Corvette prices held steady, although lower-priced late C3s and C4s were much fewer in numbers Company Barrett-Jackson Date January 18–24, 2010 Location Scottsdale, Arizona Auctioneers Assiter & Associates— Tom“Spanky”Assiter, lead auctioneer Overall cars sold/offered 1,193/1,193 (100%) Sales total $67,107,325 Corvettes sold/offered 114/114 (100%) Corvette sales total $9,368,540 Corvette high sale 1958 Corvette 350 convertible, sold at $220,000 Not as many C4s crossed the block this year as in the past Report by Paul Duchene, photos by Jim Pickering Market opinions in italics A mid January's “storm of the century” in Arizona, Barrett-Jackson held steady, increasing its sales total from 2009's $60m to $67m. This year, B-J sold 114 Corvettes for a total of $9.4m, down from $9.8m in 2009, although that total came from 127 cars. Barrett-Jackson also hosted the third Corvette Market Insider's Seminar, complete with a seven-strong panel of experts, PowerPoint program, and 300 avid CM subscribers, glad to get out of the rain into a warm, 60-foot tent. At the auction, Corvette prices held strong, especially as 2010 only turned up a few GM Heritage cars, which sold so well last year. Only two Corvettes topped $200,000— the best-selling 1958 with a 350-ci engine at $220k, and a Limited Edition 2008, which was bid right to $200k. However, in total, 24 Corvettes sold for more than $100,000 each. What was interesting this year was how the cars at the lower end of the market—wheezy 1970s C3s and 1980s C4s—were much fewer in numbers. In their place was a very strong showing of C2s, which, as expected, drew some of the top prices. Big-block cars remain expensive, with the 427/435 tri-powers in demand, as always. The second strong group was a surprising number of C5s and C6s, particularly “instant collectible” Special Editions and Pace Cars. Speaking of, a never-sold 1978 Pace Car with only 158 miles on it made $52,800, which is likely to lead to a deluge of garage queens at auction in the near future, held by owners waiting for the big score (see the profile, p. 28). 38 Corvette Market WINTER 2010 www.vettemarket.com Barrett-Jackson Corvette Sales Total $3m $6m $9m $12m $15m 0 2010 2009 2008 2007 2006 2005 2004 2003 Buyer's premium 10%, included in sold prices, waived on charity lots Still, there are 6,501 other '78s out there to choose from, so I doubt this is a trend. The well-bought category must include the 1989 ZR-1 prototype that sold for $55k with only 344 miles on the odometer. One of 84 examples that was used for development and never sold to the public, it represented a sound investment for its lucky buyer. See the profile, p. 30. As usual, the very best cars were grouped together in the tent west of the big auction tent, often with chatty and informed sellers nearby to answer any questions that come up. Spotlessly clean, often with multiple NCRS, Duntov, and Bloomingtion Gold awards, these C1s and C2s drew serious buyers and big prices. One of the most appealing was a 1960 Honduras Maroon, two-top, 4-speed fuelie. A Duntov Award winner, it had been in the same family for 20 years and had been on the show circuit for seven. Now for sale only to pay for serious eye surgery, it went for way over high book at $181,500, but could still be considered well bought at that. One trend that appears to be emerging is well-served by attending long-term owners. While the very best fresh restorations bring top dollar, buyers are much more leery of restored cars that lack documents or history. In that case, a well-represented original car, or one that's been repainted during long-term ownership, is more likely to find a buyer at the level the owner is hoping for. When it comes to bringing top dollar, it's still all about provenance. ■


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Market Report C1 #956.2-1954 CHEVROLET CORVETTE roadster. S/N E543003416. Polo White/tan canvas/red vinyl. 235-ci 150-hp straight 6, 3x1-bbl, auto. California car with complete paper from day one. Older restoration holding up well. Good paint and plating, driver's seat is getting baggy and carpet is stained. Nontypical exhaust. Cond: 2. SOLD AT $74,800. Reportedly not sold at $55k at Bonhams Quail Barrett-Jackson Scottsdale, AZ Lodge in 2009. This was about as good as these get, but compared to a '55 T-Bird, they are very bare-bones indeed, and 3,640 of them begged to get owners in 1954-55. The biggest handicap is that the sentimental owners are heading for assisted living and younger generations are less than impressed. The '53s have the cachet of being much rarer, and prices have held up better. I suspect this was all the money. Well sold. TOP 10 #5 #1332-1955 CHEVROLET CORVETTE roadster. S/N VE55S001102. Yellow/green canvas/ tan vinyl. Odo: 45,737 miles. 265-ci 195-hp V8, 4-bbl, 3-sp. Frame-off restoration of claimed numbers-matching original California car. Good panel fit, nice top, well-done interior. Unmarked chrome, untypically tidy under the hood. One of only about 80 3-speed cars. Cond: 1-. SOLD AT $167,200. Yellow— officially Harvest Gold—has been the hot color for these cars for the past three or four years, since nobody believes a black car hasn't been repainted. This car benefited from a well-done fresh restoration and from having the 3-speed manual transmission. It blew through high CM Price Guide by $45k, and was a decent deal at that. #950.1-1956 CHEVROLET CORVETTE convertible. S/N E56S002842. Black & silver/black vinyl/red vinyl. Odo: 58,245 miles. 265-ci 225-hp V8, 2x4-bbl, auto. Decent paint, chrome has some scratches. Hood fit 40 Corvette Market WINTER 2010 www.vettemarket.com whitewall tires, new brakes, all rubber parts replaced. Frame powder-coated, new glass, suspension, and exhaust fitted. Cond: 2. SOLD AT $88,000. Fundamentally a new car in a very attractive color combination and with usefully more power. It caught somebody's eye and sold near high estimate for a correct car. '58s aren't common anyway—this is one of 9,168—and with the chrome tail pieces and washboard hood, they have one-year styling flourishes. Price was commensurate with the quality of the work, and I say well bought. TOP 10 #3 #1263-1960 CHEVROLET CORVETTE convertible. S/N 00867S107757. Honduras Maroon & white/white canvas & maroon hard top/black vinyl. Odo: 1,264 miles. 283-ci 290-hp fuelinjected V8, 4-sp. Numbers matching. One of 759 high-performance fuelies in 1960. Fitted with power windows, Wonderbar radio, Posi, and two tops. In the same family for 20 years, with seven years on the show circuit. Skilfully restored eight years ago, with engine blue not typical, trunk not much better, chrome window frames scraped. New interior, power top has pinched a hole in material on left side. Said to run and drive like new. Cond: 3. SOLD AT $110,000. This car had an attractive color combination, and it presented well initially, but the details were disappointing—it felt like it was assembled in a hurry. Desperately needed a 4-speed to round out the package and make the dual carbs worth having. Still, two people wanted it badly enough that one paid $25,000 over high CM Price Guide. Very well sold. #1037-1958 CHEVROLET CORVETTE convertible. S/N J58S101798. Tuxedo Black & silver/black vinyl/red vinyl. Odo: 42,853 miles. 327-ci 300-hp V8, 2x4-bbl, 4-sp. Upgraded, fresh restoration of a California car. 283-ci engine replaced with a 327, 4-speed rebuilt. Excellent paint and chrome, new Al Knoch interior, rebuilt Wonderbar radio. Wide printed to 8,500 rpm and powder-coated frame. Seven NCRS Top Flight Awards and a Duntov award in 2009. Beautifully presented. Cond: 1. SOLD AT $181,500. A superior car in all respects, reluctantly offered by friendly and informed long-term owner who is facing eye surgery. Smacked through the high estimate by $50k, and still well bought. A benchmark car. #721-1961 CHEVROLET CORVETTE convertible. S/N 10867S109023. Red & white/ white vinyl/red vinyl. Odo: 58,500 miles. 327ci 270-hp V8, 2x4-bbl, 4-sp. Paint newer but just average, panel fit inconsistent. Underhood not typical, with painted valve covers, carburetor, intake, latch assemblies, etc. Overspray on windshield wipers, no power steering or power brakes. Wonderbar radio, pitting to door chrome, old tires show some cracking. Mileage claimed original, but no mention of matching numbers. Cond: 3-. SOLD AT $73,700. Appeared to have been on static display somewhere after a quick cosmetic job. Either that or it had just been spiffed up to sell. More stories than a children's nanny. Mid-market money and very well sold indeed. #1339-1961 CHEVROLET CORVETTE convertible. S/N 10867S104471. Sateen Silver/black vinyl/black vinyl. Odo: 3,510 miles. 283-ci 315-hp fuel-injected V8, 4-sp.


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Market Report Barrett-Jackson Scottsdale, AZ Multiple NCRS and Duntov awards (he signed the fuelie doghouse). County Corvette restoration of exhaustively documented car, with original sales receipt, Protect-O-Plate, all documents, and a three-ring binder of restoration photos and all records, including all owners' phone numbers. Excellent paint, great panel gaps, typical headlight cowl fit, nice chrome. Cond: 1. SOLD AT $117,700. Mid-market money for a car that seemed much better than that. Hard to see how you could lose on this—it should go like blazes and give the owner some happy days. Well bought. #989-1962 CHEVROLET CORVETTE convertible. S/N 20867S109404. Roman Red/ white vinyl/red vinyl. 327-ci 340-hp V8, 4-bbl, 4-sp. Claimed matching-numbers car. 500 miles since restoration in 2003. New white soft top, hard top included. Paint cracking around hood, checking elsewhere, trunk fit off slightly. belted tires. Cond: 2. SOLD AT $110,000. This seemed to be correct in the details, but it felt like a fresh restoration that will take some fettling before being usable, unless it's heading for a collection. There's really no substitute for a well-maintained original driver, and the further you get away from that, the more subtle details you have to contend with. Very well sold at significantly over market for a 300-hp car. #422-1964 CHEVROLET CORVETTE coupe. S/N 40837S108254. Riverside Red/ black vinyl. Odo: 75,318 miles. 327-ci 300-hp V8, 4-bbl, auto. Extremely red paint, shiny door jambs, some body seams visible, cracking around headlights. Fitted with power steering, power brakes, power windows, and a/c. 300 miles on restoration. Underhood restoration not completely to factory specs, with chrome original car with a decent freshening. Too bad the owner wasn't there to fill in the back story a bit, as his catalog notes were encouraging but begged more questions. A Washington state car, so no issues with salted roads. A lot of fun in the right climate—dark blue/dark blue has its limitations. Almost at my high estimate and rightly so. #1259.1-1964 CHEVROLET CORVETTE convertible. S/N 40867S103363. Satin Silver/ white vinyl/red vinyl. Odo: 42,265 miles. 327ci 375-hp fuel-injected V8, 4-sp. Extremely nice restoration of desirable claimed matchingnumbers L84 roadster. Frame-off restoration done in 2007 and 2008. Excellent paint, good panel and headlight fit, correct underhood with Wavy chrome around grille, other chrome OK. Interior weathered, Wonderbar AM radio fitted. Dual point ignition, original generator, correct engine shields, new brakes. Cond: 3. SOLD AT $74,800. With so few miles since the redo, you couldn't blame use for some of the issues here. It looked as though it might have been a hasty job, and time had just taken its toll. Mid-market money, so I'd say no harm done if you're just going to drive it. If so, a fair deal. C2 #1003-1963 CHEVROLET CORVETTE coupe. S/N 30837S100084. Ermine White/ red vinyl. Odo: 189 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Fresh restoration with very shiny paint and rechromed bumpers. Driver's door fit off, passenger's side better. Reproduction glass, front suspension appears extensively shimmed. No power steering or power brakes, ignition shields fitted. New Al Knoch interior, alternator fitted. Original bumpers, Redline tires. Numbers claimed to match. Cond: 3. SOLD AT $41,800. This felt like a restoration done without researching how the car should look—maybe done to keep rather than to sell. A usable low-power package with a/c and Powerglide, and strictly a driver. How did it look before the paint? Well sold, and perhaps well bought by somebody looking for a stylish daily driver. #746-1964 CHEVROLET CORVETTE coupe. S/N 40837S113527. Daytona Blue/blue vinyl. Odo: 56,237 miles. 327-ci 365-hp V8, 4-bbl, 4-sp. Claimed matching-numbers car with older repaint in original color. Original dark blue interior, fenders radiused for wider tires, good door fit and headlight fit. Originalstyle Winters intake on solid-lifter engine. AM/FM radio, nice interior and dash. Cond: 3. SOLD AT $53,900. Appeared to be a solid elusive dimple in gutter. Fitted with knockoffs, belted tires, and new interior. NCRS Top Flight, Bloomington Gold, and Triple Crown in 2008. Cond: 1. SOLD AT $110,000. Fresh restoration of a sound original, and bid past high CM Price Guide by $10k. Even at that, it was a good deal for buyer and seller alike. Once again, a knowledgeable owner on site is a tremendous advantage. TOP 10 #4 #1259-1965 CHEVROLET CORVETTE convertible. S/N 194675S112529. Rally Red/white vinyl/red & white vinyl. Odo: 27 miles. 327-ci 365-hp V8, 4-bbl, 4-sp. Frame-off restoration of claimed numbers-matching car with rare solid-lifter engine and a/c combination (one of 133). Restored after 44 years with one NC owner. NCRS Top Flight, Bloomington Gold, and Triple Diamond awards. Excellent paint and plating, good panel fit, nice interior. Cond: 1. SOLD AT $170,500. A superb car, right down to the details. Sold at double high book, but it was hard to fault in any way. Again, one of those instances where the sale was fair to both buyer 42 Corvette Market WINTER 2010 www.vettemarket.com


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Short Takes A brief look at cars of interest that have passed through the CM stable. Market Report Barrett-Jackson Scottsdale, AZ is best. 2010 Chevrolet Corvette Grand Sport convertible and seller—if you want to buy the best, you have to keep your paddle in the air. I doubt if there were any regrets the next day, as nobody complains that they paid too much for a right car. Best Buy #1015-1965 CHEVROLET Price as tested: $68,280 Likes: Aggressive body styling is based on the current Z06 model and features styling unique to the Grand Sport, which is the most opulently appointed and powerful Corvette convertible. LT4 Appearance Package envelops the driver in high quality leather from the dashboard and pillars to the duotone black and gray seats. “Street,” “Track 1,” and “Track 2” suspension modes as well as partial and complete Traction Control and Active Suspension disabling give a variety of handling characteristics at the touch of a button. Head-up display improved and integrated (in Street mode) with the navigation system. Incredible power at higher rpm coupled with exhaust cut-outs to provide plenty of sound and fury when driven in anger. Versatile electronic 6-speed “manumatic” transmission shifts quickly and features intuitive paddle controls on the steering wheel. Roomy interior and a more spacious trunk than one might expect. Dislikes: Even in the most aggressive “Track 2” handling mode and with the Active Handling system partially disabled (Competitive Driving Mode), the new Grand Sport has a heaviness about its handling that takes getting used to. Not unlike prior high-performance Corvettes, the Grand Sport's power band takes some thinking to achieve and comes on more abruptly than you expect. The car's navigation and audio system (tested in this case with XM satellite radio) seems dated and is difficult to use thanks to odd overlapping menus and a 1990s GUI interface not in keeping with the times. Lack of Bluetooth telephony integral with this unit is almost unforgiveable. Fun to drive: Fun to look at: Overall experience: Verdict: More versatile for everyday use than its 6-speed manual counterpart and as aggressive in appearance as the Z06, with a top that goes down, the brand-new, fully loaded Grand Sport represents a serious value in the Grand Touring marketplace. Its looks do not belie its performance capabilities, and for the longterm owner, getting used to its few quirks and flaws isn't an insurmountable challenge.— Chip Lamb 44 Corvette Market WINTER 2010 www.vettemarket.com CORVETTE convertible. S/N 194675S118548. Nassau Blue/black vinyl & blue hard top/black leather. Odo: 46,134 miles. 327-ci 375-hp fuel-injected V8, 4-sp. Oklahoma car with claimed matching numbers, Protect-O-Plate, and complete history and booklets. Fitted with Posi, power steering, power brakes, AM/FM radio, and leather with tilt/telescopic column and teak wheel. The last year of the Rochester tires. Sounds like a road trip is in order—mind you, in dark blue with a black interior, you'd better not wait until summer. Just a driver, but priced near low CM Price Guide, so there might be some money in the future if the new owner can clean up that engine compartment. #1361-1966 CHEVROLET CORVETTE coupe. S/N 194376S126229. Milano Maroon/ black vinyl. Odo: 75,668 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Claimed matching numbers L79 with a/c, Kelsey-Hayes knockoff wheels, teak wheel, and AM/FM radio. Excellent lacquer paint, door gaps a bit wide, good plating. Fitted with power steering but no power brakes. fuelie. Sound 18-month restoration, body fit nice, excellent chrome, headlights well fitted. Not typical under hood and overall a little too pretty. Cond: 1-. SOLD AT $83,600. Restoring a Corvette is walking such a fine line, right down to the right sloppy glue and door jambs that aren't shiny. This car veered into the jewelry department, but at the same time it was a terrific color, had a painstaking restoration and a wonderful package, and featured complete history. In a couple of years it should develop the patina it could have used here. Sold toward low CM Price Guide, and I say rather well bought. #966.2-1966 CHEVROLET CORVETTE coupe. S/N 194376S120321. Laguna Blue/ black vinyl. Odo: 60,680 miles. 427-ci 425-hp V8, 4-bbl, 4-sp. Rebuilt engine, recent repaint, headlight bucket color off slightly. Evidence of front end repairs in both wheelarches, but good panel fit throughout. Rocker trim dinged, original bumpers with some areas of thin chrome. Equipped with AM/FM radio and power windows, but no power brakes or power steering. Looks like a black rattle can exploded in engine compartment. New tires. Cond: 3. SOLD AT $77,000. A freshly rebuilt big-block and a good original color repaint with new NCRS Top Flight award, 2nd in Class at Forest Grove Concours. Comes with three-ring binder of documents. Cond: 1-. SOLD AT $80,640. A handsome car that really sparkled. I'd love to know what what beat it at that Oregon concours. Perhaps the best small-block combo at the time, with a/c opening up a lot of good Southwest roads in high summer. Blew through high CM Price Guideby $8,200, and I still say it was well bought. #731-1966 CHEVROLET CORVETTE convertible. S/N 194676S102909. Ermine White/white vinyl/blue leather. Odo: 58,692 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Fresh restoration of claimed numbers-matching car with photos of the work, full records, and ownership trail. Paint and chrome good, panel fit average, nice interior in an unusual color. Goldline tires. Cond: 1-. SOLD AT $73,700. Mid-market money for a fresh car that doesn't have an identity yet. Sometimes cars that are straight out of the oven don't have any stories to tell, rather like somebody who's gone through plastic surgery. The only question is what did they look like before they went under the knife? The new owner will get to find out when he drives it a bit. I think the jury's out for now.


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#1263.1-1966 CHEVROLET CORVETTE convertible. S/N 194676S109311. Silver Pearl/black vinyl/black leather. Odo: 90,229. 427-ci 425-hp V8, 4-bbl, 4-sp. Recent twoyear, frame-off restoration of claimed matching-numbers car. Window sticker indicates it sold new in Warren, Ohio, for $5,105. Decent panel fit and paint, nice interior. NCRS Top Flight award. Non-typically tidy under the hood, unexplained dings on glovebox door (little feet, perhaps). Goldline tires. Cond: 2-. SOLD AT $99,000. Looked like a sound car and probably restored nicer than the factory built it, but it just did not pop. Price was midmarket money and I'd say it was correct. Who buys a Corvette that doesn't stir their blood? #967.1-1967 CHEVROLET CORVETTE convertible. S/N 194677S109014. Sunflower Yellow/black vinyl/black vinyl. Odo: 30,746 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Onefamily car that spent 28 years in a garage before being subjected to a 4½-year, painstaking frame-off restoration. Numbers claimed to match, fitted with power steering and power brakes. Huge file of documents, every detail attended to. Entire car was dismantled, cleaned, matching two-owner car, documented restoration in 1988-89 to NCRS standards and with three Top Flight awards (local and national) since. AM/FM radio, power windows, Posi, tinted glass. Excellent paint and chrome, good top fit. Tidy and typical all around, and was clearly looked after. Cond: 2+. SOLD AT $57,200. Once again a chatty owner is a real plus. This was not a high-horsepower car, but it had been maintained, enjoyed, and sympathetically restored. A Long Island car that came a long way to find a new home, but the new owner should be happy. Considering the provenance, it was well bought. TOP 10 #9 #1351-1967 CHEVROLET CORVETTE convertible. S/N 194677S103111. Rally Red/black/ black vinyl. Odo: 18,046 miles. 427-ci 400-hp V8, 3x2bbl, 4-sp. Numbers-matching, with correct-dated replacement motor, Tri-Power, a/c, power windows, power brakes, Positraction, factory side exhaust, tilt/telescopic column, speed warning, AM/FM radio, and tinted glass. Tank sticker, three NCRS awards, complete sidepipes and vinyl-covered hard top. Good paint with some body seams visible, excellent chrome and rubber seals. New interior, brakes, exhaust, and belted tires, original tank sticker. Hood stripe not typical of factory production. Cond: 2. SOLD AT $74,800. Last seen at Mecum's Kansas City sale in December '08, where it failed to sell at $75k (CM# 119521). Good solid restoration of what seemed to be a good car—although with no power steering or power brakes and a big-block, you'd want to be in Texas or Montana. That said, the price barely topped low book. Expert restorer Kevin Mackay contends that dark green is the absolute worst color for C2 and C3 Corvettes and sellers take a big hit. Barring anything I missed, this price supports his theory. #439-1967 CHEVROLET CORVETTE coupe. S/N 194377S100345. Marina Blue/ blue vinyl. Odo: 23,274 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Claimed matching-numbers car with factory sidepipes. Tasty repaint of low-miles original. Good panel fit, chrome and all trim replated or replaced. NCRS top sandblasted, and repainted or replated. Tank sticker, NCRS Top Flight award scoring 95.2, with points deducted for too shiny paint and plating. Cond: 2+. SOLD AT $88,000. A charming example of what is becoming an unfashionable approach—reimagining a tool into a piece of jewelry. Hard to fault in everything but its soul, which seemed to have been excised. I'd love to have seen the 30,700-mile always-garaged car they started with. This was toward high CM Price Guide for this year and model, but I'd suspect the original would have done even better. #724-1967 CHEVROLET CORVETTE convertible. S/N 194677S104092. Marlboro Maroon/black vinyl/black vinyl. Odo: 51,250 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Numbers- documents. Just had painstaking $80k three-year frame-off restoration by Corvette Specialties in Oregon. Cond: 1. SOLD AT $137,500. A well-known Northwest car, originally bought by car dealer Ron Tonkin for his late wife. Highly optioned, always maintained, and restored once in 1988 and again just recently. Hard to fault, and even fitted with $500 N.O.S. seatlbelts a week before the sale. Sold slightly under high CM Price Guide, but still well bought. #1573.1-1967 CHEVROLET CORVETTE convertible. S/N 194677S102204. Goodwood Green & white/black vinyl/black vinyl. Odo: 67,704 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Complete and fresh restoration of 67,000mile L68 car with rebuilt non-original motor and rebuilt transmission. No power steering or power brakes, but equipped with factory Flight winner in 1988, original window sticker included in documentation. Front wheelarches feel like they've been cut for wider tires. Sold new in Oxford, PA. Cond: 2. SOLD AT $66,000. A handsome, low-miles car with new paint which sold for mid-market money. A real head-turner, and should be pleasant to drive. No harm done here, and both parties should be pleased. TOP 10 #6 #1267-1967 CHEVROLET CORVETTE convertible. S/N 194677S110322. Marlboro Maroon & black/black vinyl/black vinyl. Odo: 4,487 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Claimed matching-numbers L71 Oregon car, with the same www.vettemarket.com WINTER 2010 Corvette Market 45


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Market Report Barrett-Jackson Scottsdale, AZ owner for 27 years. Ground- up restoration in 2009. Fitted with sidepipes, Posi, AM/FM radio, and Redline tires. Good panel and headlight fit, excellent paint, interior, and chrome—clearly restored with care. Underhood latches and paint not typical, stripe not typical. SEMA display car. Documentation includes tank sticker. Cond: 1. SOLD AT $161,700. Superior restoration of what must have been a very good car to start off with. Close to top money for this model, but it was literally just a couple of details away from being perfect. Well bought and sold. C3 #757-1968 CHEVROLET CORVETTE convertible. S/N 194678S426922. Safari Yellow/black vinyl & yellow hard top/black vinyl. Odo: 60,975 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Fresh restoration of a claimed matching-numbers car. Good body fit, new interior, new Rally wheels and T/A radials. one-off gauge pack, and electronic hood. No wipers, but comes with a/c, power windows, and power rack-and-pinion steering. Cond: 1. SOLD AT $143,000. Despite the price this car brought, I'd venture to think the builder was still upside down in it. It seemed like an automotive Flying Dutchman, forced to travel from show to show to be admired. It's hard to see what other purpose it has. Brilliantly sold, and I hope the next owner knows what to do with it. #368-1969 CHEVROLET CORVETTE coupe. S/N 194379S704408. Riverside Gold/ black vinyl. Odo: 425. 350-ci 350-hp V8, 4-bbl, 4-sp. C&K Classical Creations restoration of what must have been a good car. Fitted with power steering, power brakes, a/c, AM/ FM radio, original jack and spare, T-top storage bags, tilt/telescopic column, and tinted 2+. SOLD AT $50,600. A fundamentally sound car that was very well done and sold for close to high book. The foggy back window was an odd thing not to replace—maybe it was the one used part intended to make the rest seem even nicer. Buyer and seller should both be pleased. #1377-1969 CHEVROLET CORVETTE convertible. S/N 194679S721697. Cortez Silver /black vinyl/black vinyl. 350-ci 350-hp V8, 4-bbl, auto. Frame-on restoration includes good repaint. Fully documented Kansas City car, complete history and Protect-O-Plate. Fitted with a/c, power steering, power brakes, Rosewood steering wheel. Great color, and hard top is a bonus, but paint has some detail issues. Original Oklahoma car. No power steering or power brakes. Cond: 2-. SOLD AT $39,600. A very pretty car, but plainly equipped, except for the hard top. Still, the freshness of the work and the pretty color bumped it over the top. Very near high CM Price Guide, yet still a good deal for both parties here. TOP 10 #8 #1269.1-1969 CORVETTE Custom convertible. S/N 194679S736287. CHEVROLET Black/red leather. 468-ci 500-hp fuel-injected V8, auto. Outrageous custom with extremes in all directions. 22-inch wide rear wheels, 9-inch Ford narrowed rear end, beautiful paint, custom leather interior. Fitted with air-ride suspension, enormous exhaust, Wilwood brakes, 46 Corvette Market WINTER 2010 www.vettemarket.com glass. Paint a bit shiny but not splotchy, top fits well, headlight fit excellent. Driver's door glass scratched but door fit is tight. Nice repop bumpers, hood latches typical of original production. Fitted with Firestone Redline tires. Cond: 2. SOLD AT $33,000. A great local show winner and not overdone—the glass is all that's left to fix. Looked to have been sympathetically restored with some respect for the original; should get a good patina over time and turn into a very handsome usable car, and isn't that where the fun is anyway? Well bought at the low end of the scale. #1372-1969 CHEVROLET CORVETTE coupe. S/N 194379S700155. LeMans Blue/ blue vinyl. Odo: 77,607 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Exhaustive restoration of a claimed matching-numbers car with everything rebuilt and mirrors to display the chassis. Fitted with power steering, power brakes, AM/ FM radio, and all new rubber, wiring, suspension, brakes, and exhaust. Excellent paint with body seams visible, well-done interior. Rear window foggy, new Redline tires fitted. Cond: power windows, AM/FM radio, Posi, and factory hard top. Documentation includes tank sticker. Detailed engine compartment appears typical of factory production. Cond: 1-. SOLD AT $42,900. Useful driver configuration, and the factory hard top is a nice plus. Mid-money for a low-horsepower car, but I suspect that it might have done better if it hadn't been repainted and merely offered for sale as an original car. #669.1-1969 CHEVROLET CORVETTE Custom coupe. S/N 194379S734629. Viper Blue & white/black vinyl. Odo: 7,005 miles. 350-ci 350-hp V8, 4-bbl, auto. Looks like a “Corvette Summer” 1970s custom with big flares, big hood bulge, fender vents, late '60s Pontiac Firebird tailights, spoilers on both


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Market Report Barrett-Jackson Scottsdale, AZ ends, and fixed square headlights. Fitted with a/c, power steering, power brakes, and tilt/ telescopic column. Decent paint and chrome, sidepipes look like they'll burn you on exit. Cond: 3-. SOLD AT $21,450. This is a fate that threatened a lot of cars like this, whose owners were taking shop in high school around 1980. Some of the work was quite well done, but it's all pointless when it comes to value. Very well sold. #754-1969 CHEVROLET CORVETTE convertible. S/N 194679S715499. Riverside Gold/black canvas/black vinyl. Odo: 6,393 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. 1,000 miles since repaint and rebuild of a claimed matching-numbers car. Paint untypically shiny but very even. Good panel fit, decent interior with AM/FM radio. Clock does not work. Pitted trim, bumpers checked, new top. Belted Firestone tires. Cond: 3. SOLD AT $48,400. Last seen at Mecum's Indy sale in May '08, where it sold at $35,175 (CM# 116885). Rather a nice old car which felt like it had been looked after, sympathetically rebuilt, and fluffed and buffed. At least two other people agreed, and it made nearly high CM Price Guide. I'll bet it'll have a lot more miles on it by next fall. #644-1978 CHEVROLET CORVETTE coupe. S/N 1Z8748S424917. Silver/black alligator. Odo: 89 miles. 350-ci 330-hp fuel-injected V8, auto. Texas car with 1995 LT1 powertrain transplant, although rated horsepower suggests some LT4 upgrades. Fitted with rackand-pinion power steering, power brakes, a/c, All appropriate documents come with car, including factory window sticker for $14,500 at Sunderland Chevrolet, Lemoyne, PA. Cond: 1. SOLD AT $52,800. Of all the 6,502 1978 Indy Pace Cars made, this would be the one to have. It has the 4-speed, which is uncommon, as well as the hotter L82 engine. Every sale usually has one or two of these, and this price is bound to shake hundreds of ambitious sellers out of the trees. Beyond well sold—I hope the consignor didn't have a heart attack. See the profile, p. 28. C4 #643-1984 CHEVROLET CORVETTE coupe. S/N 1G1AY0789E5149180. Bright Red/red leather. Odo: 10,659 miles. 350-ci 205-hp fuel-injected V8, auto. Original 1984 Cross-Fire injection car. Always garaged, never seen a wet road, title still in original owner's name. All stickers and dealer paperwork, even sits on its original tires (yikes!). front and rear cameras, and spoiler. Features usual varied T-top fit, typical paint issues include orange peel and metallic splotches. Cond: 3. SOLD AT $13,200. A labor of love to produce a very usable C3 driver. The alligator interior was over the top, but it IS from Texas, after all. Bound to be lots of fun, and with 100 hp more than stock, you're going to surprise some folks. Cheap fun and well bought. 48 Corvette Market WINTER 2010 www.vettemarket.com Paint has polishing swirls, interior unworn, no bangs, chips, or scrapes anywhere. Cond: 2. SOLD AT $20,900. I figured this might cross $10k, and it went twice that far. So what will the new owner do with it? He's not going to rush out and drive it, with a wheezy 205 hp. Maybe the new owner was a collector only lacking this year? Very well sold. inside along with battery cover panel. ZR-1 badges missing. Seats fairly clean with little wear, but clearly a victim of lengthy warehouse neglect. Probably hasn't seen the sun in 20 years. Cond: 4. SOLD AT $55,000. Quite a find, as most of these were used up, destroyed, or went to Europe for the same fate. Sold out of the GM Heritage Collection. Scruffy and dirty, but real history, and unlikely to sell for less in future. Not cheap, but I say well bought. See the profile, p. 30. #1215.2-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J9L5802829. Bright Red/red leather. Odo: 5,074 miles. 350ci 375-hp fuel-injected V8, 6-sp. First year ZR-1 that's spent its whole life snoozing in collections, including that of Keith Busse of Ft Wayne, IN. All papers including window #1066-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z8748S901019. Black & silver/silver leather. Odo: 158 miles. 350-ci 220-hp V8, 4-bbl, 4-sp. Still a new car, in the hands of the original selling dealer until quite recently. All options fitted, Pace Car decals never applied. Some scrapes on nose, presumably from transport. #612-1987 CHEVROLET CORVETTE convertible. S/N 1G1YY3182H5116373. Medium Blue/white vinyl/blue leather. Odo: 39,135 miles. 350-ci 240-hp fuel-injected V8, auto. Decent paint and nice interior show wear commensurate with mileage. Fitted with a/c, power steering, power windows, and power brakes. Includes original window sticker, handbooks, etc. Cond: 3. SOLD AT $9,900. All the C4s seemed to go to Silver this year, and this was one of few at Barrett-Jackson. They're in the doldrums right now—just used cars without any foreseeable upside. This was all the money, probably helped by the low mileage. Might as well use it as a daily driver until something expensive happens or you have difficulty getting in and out. #85-1989 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ21J4K580004. Black/ tan cloth. Odo: 344. 350-ci 375-hp fuel-injected V8, 6-sp. ZR-1 prototype. One of 84 press cars, none of which sold to the public. Paint chipped and scraped, bodywork cracked at tail. Mismatched C6 wheels on front, correct ones


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sticker, minimal wear in every respect. Just enough miles to ensure that everything should still work. Cond: 1-. SOLD AT $38,500. Last seen at Mecum's Indianapolis sale in May '09, where it failed to sell at $27,500 (CM# 120524). Finally a glimmer of hope for the legions of ZR-1 believers, who have watched their babies skidding year by year. Only last summer, Motor Trend and Hot Rod Publisher Robert Petersen's car, which was nicer and had only 1,318 miles on it, was a no-sale at Gooding's Pebble Beach auction at $32,000 (CM# 141208). One swallow doesn't make a summer, but this is a start. C6 #77-2006 CHEVROLET CORVETTE Z06 Daytona Pace Car #2 coupe. S/N 1G1YY25Y865100048. Red, orange, yellow, & blue/black & gray leather. 7.0-L 505-hp fuel-injected V8, 6-sp. As-new, number two of three Daytona 500 Pace cars in 2006. Fitted with racing harness, fire extinguisher, strobe victories in American Le Mans racing. One of 125 and the first of 24 black coupes. Z51 performance package, NPP performance exhaust. Signed by Olivier Beretta, Oliver Gavin and Marcel Fassler—the #4 car drivers at the 2009 Sebring race. As-new. Cond: 1. SOLD AT $66,000. Another instant collectible, preceded by lot 1064, which was one of seven black GT1 convertibles, signed by the same drivers and also sold for $66k. What are they worth? Hard to say, but I bet the new owners will be sitting on them for a long time before there's any upside. I'd be inclined to drive either one and enjoy the conversations. #429-2009 CHEVROLET CORVETTE Limited Edition coupe. S/N 1G1YY25W595112774. White & gray/black & gray leather. 6.2-L 430-hp fuel-injected V8, 6-sp. As new. Super Sport package, head-up display. The fourth of 72 built, and the first of 13 in white. “Jake” and “CSR” logos on B-pillar, headrest, and center armrest, racing pedals from GCA. Interior has titanium embroidery, engine cover has a carbon pattern with red letters. Said to be designed for the Corvette purist. Cond: 1. SOLD AT $83,600. Another instant collectible, cranked out cynically as GM was staring into the abyss. Just drive it—it goes like blazes, and when it changes hands for the third or fourth time 20 years from now, some lucky buyer will turn to his wife and say “You know what this car IS?!”■ connections in rear, and Corsa exhaust. GM Heritage car with disclaimer stating no street use and no warranty. Outrageous paint scheme will make you glad you're inside. Cond: 1. SOLD AT $72,600. The Daytona 500 is a big deal to NASCAR fans and this was basically a new car, though expensive. Certainly a conversation piece and wasn't just a static display. I see sunny days in the buyer's future. Go win some local shows and enjoy it. See the profile, p. 34. Special #1065-2009 CHEVROLET CORVETTE Edition coupe. S/N 1G1YG26W195400003. Black, yellow, & silver/black leather. 6.2-L 430-hp fuel-injected V8, auto. GT1 Special Edition celebrating 70 www.vettemarket.com WINTER 2010 Corvette Market 49


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Market Report Mecum Auctions Kissimmee, FL Kissimmee High Performance Auction The crowds came to admire the great collection consigned by the Hammack brothers, including a very nice 427/435 that made $191k Company Mecum Auctions Date January 28–31, 2010 Location Kissimmee, Florida Auctioneers Mark Delzell, Jimmy Landis, Mike Hagerman, Bob McGlothlen & Matt Moravec Overall cars sold/offered 703/985 (71%) Sales total $26,495,556 Corvettes sold/offered 119/147 (80%) Corvette sales total $5,689,030 Corvette high sale Mecum's Kissimmee results indicated the market is gaining strength Report and photos by Dale Novak Market opinions in italics D uring four fair-weather days from January 28 to 31 at the Mecum auction held at the Osceola Heritage Park in Kissimmee, Florida, I perhaps witnessed the “perfect storm” for a classic car auction (a very different type of storm from the one Russo endured in Scottsdale). Mecum offered a great collection of no-reserve cars, which were combined with a large field of all sorts of machines—muscle cars and mid-1950s cruisers and convertibles, quirky collectibles that can be found at most larger auctions, and of course, plenty of Corvettes, with nearly 150 available in nearly every year and configuration. Unlike the week before in Scottsdale, the weather here was rather comfortable, although it was fairly chilly on Saturday and downright blustery on Sunday. If there was lingering doubt among those attending about how the moody economy might affect the auction, it was rapidly quelled when the first few cars began to cross the block. Buyers came prepared to buy, and sellers came prepared to sell—but if you came expecting a sea of bargains and fire sales, you came to the wrong auction. The crowds came in droves to peruse the extraordinary collection consigned by brothers Glenn and Irv Hammack, consisting of over 50 American cars from the 1950s, '60s, and '70s. Plus, visitors came to view the incredible 1966 Riva Super Aquarama Series II Prototype boat, which sold at $821,500—the high sale of the auction by a wide margin. The top sale on the Corvette front was tied between a pair of 1967 427/435 cars, one of which was the famed Bloomington Gold Survivor Platform convertible. Complete with cracked original exterior paint and rough original engine 50 Corvette Market WINTER 2010 www.vettemarket.com $1m $2m $3m $4m $5m $6m $7m $8m 0 Mecum Kissimmee Corvette Sales Total 2010 2009 2008 2007 2006 2005 2004 2003 Two 1967 427/435 convertibles, each sold at $190,800 Buyer's premium compartment details, it made a statement when it was hammered sold at $190,800, solidifying the argument for leaving original cars alone. The other 427/435 car, from the Hammack Collection, showed only 51,670 miles on the odometer, had full documentation from new, and had previously been owned by Brad Whitford of Aerosmith. In #1- condition, it was both well bought and sold. Other notable sales included a 1963 327/360 fuelie $300 up to $5,499, $500 from $5,500 to $9,999, 6% thereafter, included in sold prices coupe in #2+ condition that made $121,900, a claimed “Brass Hat” 1967 427/435 convertible that brought $148,400, and a 1965 327/250 convertible in black with a/c and a 4-speed that sold for an over-the-top $80,560. This year's event was expanded to four days to accommodate the overwhelming pre-sale interest. Attendance was very strong, with a combined 29,000 bidders and spectators packing the house, and the general sell-through rate rose dramatically to 71% from last year's 58%, with 703 of 985 lots selling for a gross total of $26.5m, vs. $16.5m last year—a 62% increase in dollar volume. Corvette sales reflected the same jump, with 119 of 147 cars selling for $5.7m this year as compared to 86 of 153 selling for $4.9m in 2009. If someone had told me we were in the midst of a great recession, I would have suggested that the bidders and spectators did not receive the memo—and considering the state of the market over the past two years, it was quite refreshing to see. ■


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Market Report C1 #F33.1-1957 CHEVROLET CORVETTE convertible. S/N E57S100131. Aztec Copper & beige/tan vinyl/ivory vinyl. Odo: 96,382 miles. 283-ci V8, 4-bbl, auto. Multiple paint issues, some blending that gives the finish an almost psychedelic look. Body has wavy panels and inconsistent gaps at driver's door and trunk lid. Rough interior features aftermarket gauges in place of factory units. Door panels coming off, worn “canvas” used as carpet. Mecum Auctions Kissimmee, FL sports cars. All things considered, this was a strong result. Well sold. #F182-1959 CHEVROLET CORVETTE convertible. S/N J59S101243. Red & white/ white vinyl/red leather. Odo: 740 miles. 283-ci V8, 4-bbl, auto. Some minor issues noted in average respray, showing microblistering and several cracks. Driver's door slightly wide at top, trunk high at rear, passenger's door out. Chrome and brightwork generally decent, nice interior is mostly new. Stewart-Warner gauges installed. Repaired frame noted. Cond: 3+. #S105-1962 CHEVROLET CORVETTE convertible. S/N 20867S100585. Silver/black vinyl/red vinyl. Odo: 71,510 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Documented three-owner car. Shinier than original paint. Passenger's door wide at quarter panel, driver's door wide at fender. Show-quality chrome and trim, excellent top fit. Non-original engine Engine compartment worn and oxidized. Cond: 5. NOT SOLD AT $40,000. What caught my attention with this car was the copper color, known as Aztec Copper; 452 left the factory as such. I was quickly punished for my inquisitive nature upon closer inspection, as this was definitely in the fright-pig category. There wasn't much good here, with the exception that it was a 1957. A decent bid on what was really just a total project. #F175-1959 CHEVROLET CORVETTE convertible. S/N J59S102085. Red & white/ white vinyl/red vinyl. Odo: 9,434 miles. 283ci V8, 4-bbl, auto. Body damage possible to front end, with some repaired fiberglass found. Smooth shiny paint, trunk high on passenger's side, hood skewed. Very good interior, but seats are a bit baggy. Nice bumpers, trim good but not to show condition. Claimed to SOLD AT $58,300. The seller noted on the car card that this was “built for the wife to drive.” Although that may have been true, he probably knocked out three-quarters of the bidders with that comment, since nobody wants to be the guy who buys the Corvette “built for the wife to drive.” That said, the frame repair noted was perhaps a very serious lurking issue, as it may need to be addressed in the near future in order to prevent the body from cracking. Take it easy over those railroad tracks. Well sold. #F277-1961 CHEVROLET CORVETTE convertible. S/N 10867S102287. Red & white/white vinyl/black vinyl. Odo: 59,094 miles. 283-ci 250-hp V8, 4-bbl, 4-sp. Good paint throughout, but seams are starting to show through at nose. Driver's door slightly high, trunk a tad low at rear, top fit is somewhat loose. Driver-quality chrome and trim show relatively well. Decent interior, dash correct presumed, and engine bay could use a detailing. Excellent interior comes across nearly asnew. Cond: 2+. SOLD AT $100,700. A 1962 fuelie will always be a desirable car for collectors, so the result here was really no surprise. This could be a number one car with very little effort, as all of the hard and expensive stuff was already done. Just a details exercise at this stage. A market-correct result. #S204-1962 CHEVROLET CORVETTE convertible. S/N 20867S111826. Honduras Maroon/black vinyl/black vinyl. Odo: 31,118 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Stated to have original miles and only two owners. Originally white. Inexpensive-looking maroon paint job over original body panels. Passenger's door out, other gaps relatively consistent. Weathered engine bay, interior very well worn have been restored about ten years ago, lots of new bits and pieces fitted. Cond: 3. SOLD AT $63,600. Overall, this was a good looking red '59, but the paint was just too shiny, with lots of clear coat used. The automatic can be a deal killer, but I'm hearing more and more guys tell me that they have a hard time shifting their old 52 Corvette Market WINTER 2010 www.vettemarket.com but not fresh. Non-original shifter noted, kick panels heavily scratched, odd floor mats installed. Clean engine bay in good overall shape. Cond: 3+. SOLD AT $53,000. This car's body was in great condition and the paint was just about right—not too shiny or too dull. It would make an excellent driver as-is, or it could go up a notch with some additional detailing and some minor issues taken care of. Well bought. for stated miles. Aftermarket seat belts, Cragar wheels, and radio installed, factory hubcaps come with car. Claimed to be numbers matching. Cond: 4-. SOLD AT $50,350. The current owner was the one to change the color from white to Honduras Maroon, which occurred in 1980. Cars like this are bought by a guy who thinks he'll just drive it, but eventually it'll wear on him and he'll start sinking money into it. That said, it was numbers matching with very low original miles, and the hard top is worth about $4,000 on its own. Close to market correct with the advantage to the seller.


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C2 TOP 10 #10 #S134-1963 CORVETTE CHEVROLET coupe. S/N 30837S117609. Saddle/saddle leather. Odo: 50,200 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Equipped with power windows. Light buffing burn on windshield trim, some light scratches noted on bumpers, glass door felts slightly weathered and coming loose. Paint just #F17-1963 CHEVROLET CORVETTE convertible. S/N 30867S117101. Blue/black vinyl/dark blue vinyl. Odo: 54,114 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Decent paint, average trim and brightwork with only light scratches noted. Hood wide on driver's side, driver's door tight to quarter. Carpet somewhat faded, balance of interior looks used but not abused. Knockoffs look authentic, but were result. Both buyer and seller should go home happy. #S106-1965 CHEVROLET CORVETTE convertible. S/N 194675S117503. Red/white vinyl/white vinyl. Odo: 52,890 miles. 396-ci 425-hp V8, 4-bbl, 4-sp. Small cracks showing in paint, passenger's door in from body, other gaps good. Good to excellent chrome and trim, engine compartment clean aside from some fuel staining on intake manifold. Likely the a notch below show, with small nick in rear deck. Excellent gaps all around, interior hard to fault aside from some very minor wear. No mention of whether the numbers match. Cond: 2+. SOLD AT $121,900. A Split-Window fuelie is another “cream of the crop” type Corvette, and this example was excellent in most regards. Other than some minor wear and a bit of aging, it was excellent all around. I'd call this price market correct, if perhaps just a tad on the well sold side. See the profile, p. 26. #S112-1963 CHEVROLET CORVETTE convertible. S/N 30867S106242. Red/white vinyl/black vinyl. Odo: 51,577 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Smooth shiny paint. Passenger's door tight to fender and sits in a bit. Convertible top nice but no longer super fresh, and is separating in rear window area. Trim somewhat weathered in spots, engine bay shows some age and use but is still likely a later addition due to problems with porous castings in '63. Overall, a good driver. Claimed to be numbers matching, comes with hard top. Cond: 3-. SOLD AT $42,400. This came across as a very honest Corvette with nothing to hide. It looked to be well used and enjoyed, and you can't fault a guy for actually driving the car. Condition-wise, a decent driver, but it won't win any shows beyond the local cruise-in. It's hard to find numbers-matching C2s under $40k that aren't beat to death, and this one wasn't. About market correct based on the presentation. #S102-1964 CHEVROLET CORVETTE coupe. S/N 40837S113888. White/black vinyl. Odo: 1,113 miles. 327-ci 365-hp V8, 4-bbl, 4-sp. Passenger's door in at bottom, driver's door out at rear quarter. Engine bay neat and tidy, but with some rust on engine manifolds. Excellent interior in fine condition overall. Rear end has an odd sag from one side to the recipient of an older restoration. Claimed to be numbers matching. Cond: 2-. SOLD AT $84,800. Where have all the white interiors gone on modern cars? 1965 was the first year for the big-block Corvette, and it was the only year that offered both big-blocks and fuel injection. To this day, guys will argue about whether the 396 or 427 was the hotter engine for the C2 series, but we can just let the track decide that. Slightly well bought. #S107-1965 CHEVROLET CORVETTE convertible. S/N 194675S118181. Black/ black vinyl/black vinyl. Odo: 80,486 miles. 327-ci 250-hp V8, 4-bbl, 4-sp. Paint with swirl marks showing, some microscratching visible on chrome and trim. Both doors out at bottom, other gaps typical of C2 production. Engine bay very nice to excellent, with some fuel staining present. Documentation includes Protect-OPlate. Fitted with optional a/c, tinted glass, power windows, 3.36 Posi, AM/FM radio, Comfort and Convenience group, and knockoff alloys. Numbers claimed to match. Cond: 2+. SOLD AT $80,560. Last seen at Mecum's Des Moines auction in July '09, where it sold for $54,590 (CM# 130664). Corvette bodies are naturally wavy, and black is notorious for showing every flaw, but this one looked good. clean. Interior excellent, with only minor wear and aging noted. NCRS Top Flight recipient. Cond: 2-. SOLD AT $95,400. A claimed numbers-matching example with owner history and documents going back to day one. Although it wasn't in the most stellar condition, this was a great car nevertheless, and the price paid was spot-on market correct. Both buyer and seller should walk away happy. other. Deep scratch in rear glass. A nice honest presentation. Numbers claimed to match. Cond: 2-. SOLD AT $53,000. '64s have long been the least desirable of all the mid-year Corvettes due to their drum brakes and plainJane looks (if you can say that about any C2). I find them to just be more affordable, as you get the same styling and even some high-horse models, like the 365 solid-lifter powerplant offered here. Another spot-on market correct www.vettemarket.com WINTER 2010 Corvette Market 53


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Market Report Mecum Auctions Kissimmee, FL The 250-horse engine might not fire that many guys up, but heck, it's a black '65 with a/c and a 4-speed. Mecum's Kissimmee Auction was loaded with active Corvette buyers, but even so, this was big money for a 250-horse smallblock car. Two guys wanted it pretty badly. Well sold. #F164-1965 CHEVROLET CORVETTE coupe. S/N 194375S100110. Blue/blue vinyl. Odo: 90,436 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Nice paint with some small nicks and some lifting in areas. Knockoffs lightly oxidized, chrome and trim shows light pitting. Driver's door a tad high to roofline, hood slightly tight to cowl, headlamp bucket on passenger's side slightly wide. Very tidy and clean interior, with only some sun fading to carpet. Corvette with a great look. This auction produced some good results and this was another example of that. Market correct and both buyer and seller should be pleased. TOP 10 #1 #S160-1967 CHEVROLET CORVETTE convertible. S/N N/A. Marlboro Maroon & black/black vinyl. 427-ci 435-hp V8, 3x2-bbl, 4-sp. The Bloomington Gold Survivor Platform car. Options include sidepipes, hard top, and bolton aluminum wheels. Original paint cracked and checked, chrome untouched, engine compartment shows aging. Documentation includes Protect-O-Plate, tank sticker, and inspection sheet. Cond: 3. SOLD AT $190,800. sold at no reserve. The 1967 435-horse Corvette is the king of the hill for Corvette enthusiasts and collectors, and this one was fully documented from new. Both well bought and sold. TOP 10 #7 #S114-1967 CHEVROLET CORVETTE convertible. S/N 194677S115888. Red & white/white vinyl/red leather. Odo: 29,664 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Excellent gaps all around, Paint work shows well, but hood stripe taper is not typical of factory production and there are some very small areas of microblistering. Wheels have some minor blemishes, window vent trim lightly pitted, other trim decent but not in show condition. Interior excellent, Photo courtesy of Mecum Auctions Powder-coated frame, a/c added with modern serpentine belt system. Claimed to be numbers matching. Cond: 2-. NOT SOLD AT $58,000. The modern serpentine belt system was no big deal here, as the original parts came with the car, and if a new owner was so inclined, he could change it back to original without too much trouble. This was a nice honest presentation of a high-quality driver with a/c, but the seller was holding on for a bit more than this market-correct bid. #S113-1966 CHEVROLET CORVETTE convertible. S/N 194676S109675. Blue/ white vinyl/blue vinyl. Odo: 57,867 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Equipped with telescopic steering column, knockoffs, and Goldline tires. Paint excellent with very few flaws, aside from several small chips. Convertible boot slightly wide, passenger's door out from body. Window vent pitted, some rubber weatherstripping cracked. Steering wheel lightly pitted, carpet slightly faded. Engine bay clean and tidy. Numbers claimed to match. Cond: 2. SOLD AT $85,860. A lovely In 1989, David Burroughs registered a trademark on the term “Survivor,” and this car was his prototype for establishing standards on what would become Bloomington Survivor Certification. To be a Survivor, a Corvette has to be at least 20 years old, must be road course tested, remain over 50% unaltered, and the finishes must be over 50% original and serve as a template for restoration. This car was very special in its originality, and with unaltered cars now the hot ticket in the Corvette world, it's hard to argue with the price paid. TOP 10 #2 #S135-1967 CHEVROLET CORVETTE convertible. S/N 194677S108960. Yellow & black/black vinyl/black leather. Odo: 51,670 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Nice paint, some light scratches and blemishes noted in trim. Light wear noted to seats, balance of interior excellent. Nice engine bay—not over-restored, but no longer super fresh. Numbers matching, former Triple Crown winner. Formerly owned by Brad Whitford of Aerosmith fame. In tip-top shape all around. Cond: 1-. SOLD AT $190,800. One of the many Hammack Collection Corvettes on offer, and like all of the Hammack cars, it was engine bay looks good but is below the conditional range of the balance of the car. Cond: 2-. SOLD AT $148,400. Last seen at Mecum's Rockford, IL, sale in May '05, where it was a no-sale at $150,000 (CM# 38316). Seen before then at Mecum's Bloomington Gold sale in June '04, where it brought $110,000 (CM# 34239). Believed to be a special order “Brass Hat” car, reserved for GM executives, celebrities, or special circumstances. There was no documentation offered to back up the claim, but even so, this was still a great big-block car in iconic colors. Market correct for condition. C3 #F21-1968 CHEVROLET CORVETTE convertible. S/N 194678S400811. Dark green/ white vinyl/black vinyl. Odo: 65,996 miles. 427-ci 390-hp V8, 4-bbl, auto. Paint and prep decent but not to show quality, with small cracks noted throughout. Chrome shows well, gaps about as good as factory during 1968— which is to say a bit varied. Interior good over 54 Corvette Market WINTER 2010 www.vettemarket.com


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Market Report Mecum Auctions Kissimmee, FL all, showing normal wear for the age and miles with some freshening noted. Numbers claimed to match. Cond: 2-. SOLD AT $34,980. This was said to be fresh out of the restoration shop, but the finished product raised a few questions. Don't get me wrong—this was a very nice Corvette in an interesting color combination, but when you say “fresh restoration,” this isn't what comes to mind. That said, it still presented well and was quite nice to see in the original livery. Well bought. #F5-1969 CHEVROLET CORVETTE coupe. S/N 194379S720291. Red & black/ black leather. Odo: 96,903 miles. 427-ci 390hp V8, 4-bbl, 4-sp. Paint and prep average and show some masking issues and touch-ups. Passenger's door tight on top, hood fit tight to driver's side, driver's door cracked. Mirror on passenger's side removed, with holes visibly filled. Wheels in need of a repaint. Interior in tures excellent documentation from new. Cond: 3-. SOLD AT $42,400. Last seen at Mecum's Bloomington Gold sale in June '07, where it failed to sell at $55,000 and was reported to be in much better condition (CM# 45784). At this auction, the presentation was less than stellar, but as a certified Bloomington Gold Survivor, I rated the condition squarely in the number three range. Original cars like this are doing well in the market, and with the documentation and awards, this was well bought. #F252-1969 CHEVROLET CORVETTE convertible. S/N 194679S702738. Black/ black vinyl/black vinyl. Odo: 74,528 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Paint issues noted, although minor, with some touch-ups and cracks here and there. Driver's door high at rear, other gaps OK. Door sills weathered, older taillights should have been replaced. Interior shows some lumpy seams in seats and wear on good condition. Engine bay fairly fresh and well sorted. Claimed to be numbers matching. Cond: 2-. NOT SOLD AT $45,000. Last seen at Mecum's Kissimmee sale in January '08, where it sold for $47,513 and was reported to have more than a few needs (CM# 49065). Had this car not been in Sunflower Yellow, you'd immediately see more paint and body issues. It was bought during better times and then restored, so I'm willing to bet the seller is underwater now that the market has adjusted. He may not see a better bid anytime soon. #F297.1-1971 CHEVROLET CORVETTE LT-1 convertible. S/N 194671S102783. Orange/black vinyl/black vinyl. Odo: 83,512 miles. 350-ci 330-hp V8, 4-bbl, 4-sp. Some microblistering in paint, primer color shows through in areas, seams showing on fenders. Driver's door a tad wide at top, other gaps consistent. Bumpers scratched with some light pitting noted, other trim shows no issues. Interior aged from use, but is decent overall. Engine bay looks to be in nice driver good condition and presents well, with new seats, door panels, and carpet. Non-factory blacked out hood. No mention of matching numbers. Cond: 3-. NOT SOLD AT $25,000. Generally, this would be a nice Corvette to improve upon, as the paint and body were in pretty good shape, so you could take it up a notch without hitting your checkbook all that hard. That said, the high bid was about right considering the work still needed, and the car should have sold. Best Buy #S221.1-1969 CHEVROLET CORVETTE convertible. S/N 194679S727531. Red/black vinyl/red vinyl. Odo: 54,303 miles. 350-ci 300-hp V8, 4-bbl, 4-sp. Spot-painted areas discovered and noted, pop rivets just beginning to show along nose panel. Brightwork shows age, chrome looks good. Interior has fading in areas and could be better detailed. Smog pump still fitted on mostly clean engine. Reported to be a completely unrestored example, and fea center console. Engine bay fairly fresh, with some paint still degassing. Fitted with power steering. Numbers claimed to match. Cond: 2-. SOLD AT $44,520. A well-presented 427/390 convertible in a desirable color combination with a 4-speed will generate a good amount of interest, and the bidders here liked it, resulting in this market-correct price. It could have even done a tad more, so I'd call it slightly well bought. #F255.1-1971 CHEVROLET CORVETTE LT-1 convertible. S/N 194671S106530. Sunflower Yellow/black vinyl/dark brown vinyl. Odo: 38,023 miles. 350-ci 330-hp V8, 4-bbl, 4-sp. Yellow paint with a few prep issues and several touch-ups noted. Door jamb paint poorly applied. Consistent panel gaps, some light stress cracks showing in body. Tidy interior appears newly restored and in very condition. Numbers claimed to match. Cond: 3-. NOT SOLD AT $33,500. This was not quite as nice as lot F255.1, and it was not in the most desirable color either, although when compared to yellow, Ontario Orange would be the preference for some, I suppose. Here we have a good comparison study, as both Corvettes were displayed side-by-side in the tent. LT-1, yes, but not the best out there by any means. A market-correct bid, but the seller wanted more. #F59-1973 CHEVROLET CORVETTE coupe. S/N 1Z37Z3S421684. Orange/dark saddle vinyl. Odo: 41,999 miles. 454-ci 275hp V8, 4-bbl, auto. Good driver condition overall. Average repaint and prep, passenger's door very wide at quarter panel, light damage to nose. Good bumpers. Engine bay complete and original in appearance. Fitted with factory 56 Corvette Market WINTER 2010 www.vettemarket.com


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a/c. Claimed to be numbers matching. Cond: 3-. SOLD AT $22,260. Last seen at this same venue in January '09 by yours truly, where it sold at $19,610 (CM# 119396). This go-round found a better result despite the fact that the condition was basically unchanged. This was a good example of how the market is improving, using back-to-back data from the same auction. Market correct then, market correct now. #T57-1974 CHEVROLET CORVETTE convertible. S/N 1Z67Z4S412513. Red/black vinyl/black vinyl. Odo: 43,092 miles. 454ci 270-hp V8, 4-bbl, 4-sp. Fitted with hard top and 4-speed. Paint and prep rough, with masking issues, light scratches, touch-ups, and orange peel noted. Trim average at best, with moderate pitting in some areas. Poorly painted This was the last year for the C3 Corvette convertible, as it went on hiatus until 1986, and as such, these will find a good amount of interest in the market. The 205-hp L82s are the most sought-after of the bunch, yet it was unclear whether this was the real deal. Based on the condition and overall presentation, the price was about market correct factoring in the hard top—and there may be an upside if the engine question is answered in favor of the bigger small-block. #S314-1978 CHEVROLET CORVETTE Indy Pace Car coupe. S/N 1Z87L8S902643. Black & silver/silver leather. Odo: 48,702 miles. 350-ci 185-hp V8, 4-bbl, auto. Claimed to have original paint, but some touch-ups and respray work noted. Driver's door out, hood high at rear. Door jambs fairly rusty, which time goes on—but only for the best examples. Look for a more sizzling color combination with a 4-speed to start. This was about as dull as it gets for the model, so the seller was wise to take the money and run. C4 #T79-1993 CHEVROLET CORVETTE convertible. S/N 1G1YY33P7P5104559. White/tan cloth/tan leather. 350-ci 300-hp fuel-injected V8, auto. Paint sunbleached and faded, nose appears more freshly done. Heavily oxidized wheels, trim just average. Newer seats in otherwise beat-up interior. Car card states miles unknown, but based on door jambs, gaps good but not particularly consistent, taillights cracked. Interior soiled and faded. Cond: 4+. SOLD AT $24,910. Stated to be a one-owner LS4 Corvette with original mileage. That said, the owner apparently took very poor care of this car, and based on the presentation, one could assume that nothing much was cared for—including the drivetrain, suspension, and brakes. With that in mind, this was very strong money, so let's hope the new owner has no regrets. Very well sold. #S40-1975 CHEVROLET CORVETTE convertible. S/N 1Z67J5S413384. White/ black vinyl/red leather. Odo: 42,474 miles. 350-ci 165-hp V8, 4-bbl, auto. Fitted with factory a/c and L82 badges, although the VIN decodes as a base 350. Paint has microblistering, orange peel, masking issues, and thin spots where primer shows through. Gaps good in most regards, hood on passenger's side sits a bit high. Interior shows normal driving wear, but was clearly taken care of. Windshield has wiper scratches. Cond: 3-. SOLD AT $17,490. is part of the bird cage and could signal additional issues. Mix of old and new interior components. The “Official Pace Car” door graphic has been repainted over the decal. Cond: 4. SOLD AT $14,840. These Pace Car Corvettes really are a dime a dozen, and there are many out there that are much better than this one. This just came across as an ordinary well-used car. The money paid here was close to market, but I'd call it well sold. #F226-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8761B5102735. Tan & brown/brown vinyl. Odo: 85,354 miles. 350-ci 190-hp V8, 4-bbl, auto. Decent two-tone paint, mostly consistent late C3 panel gaps, some areas of body show very light cracks. Black presentation, quite a few can be assumed. Cond: 4-. SOLD AT $7,700. Nothing was very good about this rode-hard-and-put-away-wet Corvette. The unknown miles suggests that the digital instrument system has failed and evaporated the mileage. Whatever the case, this was a #4 Corvette selling for #4 money. #T66-1993 CHEVROLET CORVETTE 40th Anniversary coupe. S/N 1G1YY23P9P5109854. Maroon/dark maroon leather. Odo: 91,905 miles. 350-ci 300-hp fuelinjected V8, 6-sp. Repaint to nose, original paint on balance of body in good condition with only several touch-ups noted. All gaps factory correct, decent trim faded to a chalky flat black. Door panel on driver's side only trim scratched through to aluminum finish. Fairly worn interior shows plenty of driver enjoyment. Fitted with optional glass top and comes with good documentation. A decent driver. Cond: 3-. SOLD AT $12,190. Latermodel C3s are gaining in momentum, and I believe they will continue to have an upside as held on by the closed door. Somewhat weathered interior, but not a beater. Cond: 3. SOLD AT $9,000. This was simply a used Corvette in decent shape. The miles were most likely original, but they were not stated to be so. C4s are the bargain Corvette buys in the market right now, and although I'd like to find one with less mileage, this was a great buy for the new owner at about $5k under the current market. The 6-speed transmission is the only way to fly. Well bought. ■ www.vettemarket.com WINTER 2010 Corvette Market 57


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Market Report T C1 #391-1953 CHEVROLET CORVETTE Replica roadster. S/N 1C9AA1110K1369172. Purple & orange flames/black cloth/gray vinyl. Odo: 8,083 miles. 350-ci 350-hp V8, 3x2-bbl, auto. Built around a 1989 Classic Sports Cars replica, with a 1989 Chevrolet VIN. Triple deuce carbs protrude through the hood, modern power brakes and power steering. Flame paint job actually isn't too bad, peaked headlight bezels almost make it look like a swollen Bugeye Sprite from hell. Good upholstery workmanship inside, accented by a lot of billet aluminum components. Chromed fire extinguisher is the center armrest. Cond: 3. NOT SOLD AT $24,000. One of the most prudent investment Global Roundup Corvettes across the block 63 Corvettes Total $1.7m he closing months of 2009 and the early months of 2010 saw a trend of continued stabilization in the Corvette market, and CM's Auction Analysts were out in force at locations ranging from Florida to Arizona, noting conditions and recording prices as Corvettes were hammered sold. Their firsthand evaluations make up the bulk of this issue, and as there's no printed price guide that can trump having expert boots on the ground, each report should be considered essential in staying up to date on what's really going on in the current market. Auctions Covered This Issue: Mecum Auctions, Kansas City, MO, 12/4/2009—B. Mitchell Carlson Auctions America, Raleigh, NC, 12/4/2009—Chip Lamb ICA Auctions, Gilbert, AZ, 1/16/2010—B. Mitchell Carlson RM Auctions, Phoenix, AZ, 1/21/2010—Carl Bomstead Silver Auctions, Fort McDowell, AZ, 1/22/2010—B. Mitchell Carlson Gooding & Company, Scottsdale, AZ, 1/23/2010—Donald Osborne Market opinions in italics #747-1956 CHEVROLET CORVETTE convertible. S/N E56S001931. Light blue & white/white vinyl/white vinyl. Odo: 426 miles. 265-ci 225-hp V8, 2x4-bbl, 3-sp. Older comprehensive restoration still shows well, albeit with some orange peel in paint. Passenger's door pillar trim requires adjustment to align or heater, and two tops. Restoration about a month old and generally done quite well. Light body ripple, some reinforcement in wheelwells, good quality repaint. Mostly reproduction trim, with good quality bumper replating. Door glass to hard top glass alignment a bit off, fuel injection unit runs rich. No wear on allnew interior soft trim. Show-ready engine bay, valve covers polished. Title delay. Cond: 2. NOT SOLD AT $85,000. Claimed to be one of the 44 RPO 579E “fresh air” fuelies, although cable-driven tachometer mounted on steering column as part of this package was not present. The consignor was hoping to see $120k out of the car, but with withering prices on '57s and no rock solid proof that this was for certain a fresh-air car, the final bid was market correct. Silver Auctions, Fort McDowell, AZ, 1/10. #142-1957 CHEVROLET CORVETTE convertible. S/N E57S104016. Arctic Blue/ beige vinyl. Odo: 38,960 miles. 283-ci 283hp fuel-injected V8, 4-sp. Good panel fit, as per factory. Paint shows some small flaws. Nice chrome and trim, interior shows some soiling on seats, scratches on dash from key tips at the 2010 Corvette Market seminar was “Never buy a Corvette with anything sticking through the hood.” Then again, this really wasn't a Corvette, so there you go. You've got to admit; if you really wanted to build a 19531954 street machine, you're best off to use one of the replicas as a starting point. As it rolled off the block the first time, it was declared that it was “going to take about ten-thousand more to get her sold.” Silver Auctions, Fort McDowell, AZ, 1/10. 58 Corvette Market WINTER 2009 www.corvettemarket.com with windshield. Chrome and brightwork restored, light scuffs on driver door trim not unsightly. Windshield rubber cracked. Interior comprehensively redone, but driver's seat padding has disintegrated, leaving seat looking lumpy. Engine bay once detailed for show but needs a refresh. Cond: 2-. SOLD AT $76,680. Last seen here two years ago as a $92,500 no-sale, when it had about 150 fewer miles under its belt (SCM# 47970). The seats seem to fit better and the car looked more carefully detailed, yet some mechanical maladies and storage issues remained. It was cut loose when the money exceeded the $70,000 mark, and it found a new home at about a market-correct price for its condition. Auctions America, Raleigh, NC, 12/09. #373-1957 CHEVROLET CORVETTE convertible. S/N E57S105186. Polo White & Inca Silver/white vinyl/red vinyl. Odo: 50,327 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Equipped with fresh air intake, no radio fob, clumsy paint touch-up, and splits on door armrest. Past Bloomington Gold, NCRS Duntov Mark of Excellence, and multiple Top Flight prizes. Cond: 3+. SOLD AT $103,400. Hot spec fuelie show car, now considerably mellowed. A no-sale back in September 1998 at Kruse Auburn (SCM# 13305) when it was painted rose and had a 3-speed transmission. 400 miles and four years later, it sold at Barrett-Jackson Scottsdale in January 2003 for $99,360, rated cond. 1- (SCM# 20053). 100 miles and seven years later, it's flat in value. Market priced. Gooding & Company, Scottsdale, AZ, 1/10. #246-1957 CHEVROLET CORVETTE convertible. S/N E57S106307. Turquoise/tan fabric/white vinyl. Odo: 1,674 miles. 283-ci 283-hp fuel-injected V8, 4-sp. One of a small group of '57 fuelies equipped with 4-sp manual and 3.70:1 Posi rear end. Older restoration,


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Market Report Global Roundup Corvettes across the block NCRS Top Flight award winner. Hood fit off a bit, swirls and scratches in paint, brightwork dull in a few places, interior in good order. Engine well presented. Cond: 2. SOLD AT $115,500. Last year this would have brought another $10k or so, but in today's world, the price paid was about right. The choice of color, while period-correct, may have held this back a bit. See the profile, p. 24. RM Auctions, Phoenix, AZ, 1/10. #304-1959 CHEVROLET CORVETTE convertible. S/N J9S108205. Frost Blue & white/white vinyl/turquoise vinyl. Odo: 39,876 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Offered with both tops, Positraction rear end, and Wonderbar radio. NCRS Top Flight and Bloomington Gold in early '90s, has been all of its original interior, but fitted with AM/ FM/cassette deck in the stock radio location and modern coolant temperature gauge under dash. Light to moderate seat wear and discoloration, heavier fading to carpeting. Cond: 3-. SOLD AT $38,160. This is pretty much what you do when you find the body of a '59 perched loosely on a chassis in someone's garage or back alley. Sure, you can spend the next ten years scouring specialty vendors and eBay for date coded parts... maybe you'll even find something. Still, it will never be numbers matching, even if you stamp them on there, so you might as well do something like this. The consignor wisely cut the reserve loose, knowing that it's only worth what someone is willing to pay. Mecum, Kansas City, MO, 12/09. #S74-1960 CHEVROLET CORVETTE convertible. S/N 00867S108135. Red & white/white vinyl/red vinyl. Odo: 60,801 miles. 283-ci V8, 2x4-bbl, 4-sp. Equipped with Wonderbar radio and authentic dual quad induction, but engine code and VIN pad are heavily obscured and unreadable. Average quality repaint, reusing most of the original lightly scuffed trim. Fresh, thick, and haphazardly sprayed undercoating. Older possibly original faded carpeting, older reproduction seats, door winter windshield wipers. Original motor rebuilt to 300-hp specs. Seat upholstery is better quality older reproduction, other interior soft trim original. Cond: 3. SOLD AT $47,500. It's odd today to think of a Split-Window as rotting lot inventory, but this was a latter model year car with the base level motor and a Powerslide automatic, and Corvette buyers had their sights set on restyled '64s without that pesky bar in the rear-view mirror. The consignor cut his reserve loose at $45k, and it was a decent deal for all parties involved. He was hoping for almost $50k, but he let this one go to hopefully grease the wheels for his other two cars at the sale. ICA, Gilbert, AZ, 1/10. #S196-1964 CHEVROLET CORVETTE Custom coupe. S/N 40837S118408. Silver/ black leather. Odo: 1,050 miles. 350-ci 350-hp fuel-injected V8, 4-sp. Originally Daytona Blue with blue vinyl interior. Aftermarket big-block hood, shaved and reinforced wheelwells on all four corners. Decent repaint, with masking lines on the original and lightly dry-rotted vent glass seals. No seals between driver's door and well maintained since. Minor signs of time, but still very presentable. Cond: 2. SOLD AT $121,000. Strong money for a 283/270 that was well past its prime. I'd think the high estimate would be all the money, but obviously two bidders had to have it. Well sold. RM Auctions, Phoenix, AZ, 1/10. #F213-1959 CHEVROLET CORVETTE convertible. S/N J59S100527. Red & white/ black vinyl/red vinyl. Odo: 394 miles. 350-ci 300-hp V8, 4-bbl, 4-sp. Older trim-off repaint, mix of repop and good original brightwork. Recently installed soft top never deployed on site. Battery kill switch mounted on driver's side of cowl, with toggle lever accessible by steering column under dash. Claimed to have panels, and dashpad. Cond: 3. NOT SOLD AT $40,000. This car fell into the range of cars that would have had the last six digits of the VIN stamped on the engine block, ahead of the engine code. This was after the serial number plate moved from the door pillar to being spotwelded to the steering column tube. If we knew for certain that the motor was definitely the original or a swap-out, that would make the call as to whether the consignor was prudent to hold out for his $45k reserve over this bid. Mecum, Kansas City, MO, 12/09. C2 Best Buy #23A-1963 CHEVROLET CORVETTE coupe. S/N 30837S103925. Silver Blue/dark blue vinyl. Odo: 5,341 miles. 327-ci 300-hp V8, 4-bbl, auto. Originally purchased at a discount in 1964 for being old stock. Optional power steering, power brakes, and power windows. Retrofitted with later knockoffs and seat belts. Good quality older repaint, light bonding strip broadcasting in the usual places. Good original brightwork, modern 60 Corvette Market WINTER 2009 www.corvettemarket.com glass, door fit off. GM Performance Ram Jet fuel injection, rear suspension is a 1979-1982 monoleaf unit. Newer interior upholstery shows virtually no wear. Cond: 3-. SOLD AT $35,510. Another case of a '64 getting picked on. At least this one was a pretty decently assembled and streetable driver. Originally ran on Friday as Lot F159, then a no-sale $32k. On Saturday the consignor cut it loose, but only after it was bid to $1,500 more than the day before. Mecum, Kansas City, MO, 12/09. #S146-1964 CHEVROLET CORVETTE Custom coupe. S/N 40837S109151. Yellow & black/black vinyl. 565-ci 1,200-hp V8, 4-bbl, auto. Originally Ermine White with standard black vinyl interior. Now a Pro-Street drag car, with Bickel tube frame, lift-off front clip, and wheelie bars. Donovan all-aluminum big-block claimed to put out over 1,200 hp without the bottle of laughing gas turned on. Rather good


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paint and clean engine bay for a racer boy, interior is almost all business, with the only stock gauge being the clock. Claimed to do the quarter mile in the seven-second range. Cond: 3. SOLD AT $85,860. Here we go again... why is it that '64s always get abused or modified so heavily? Honestly, would you spend $86k on a car built by Time Bomb Racing (“We build ‘em, you nuke ‘em”)—even with a claimed $150k into the build? Mecum, Kansas City, MO, 12/09. #S148-1964 CHEVROLET CORVETTE convertible. S/N 40867S121770. Red/white vinyl/white vinyl. Odo: 49,397 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Originally Ermine White with red vinyl interior. Decent body prep with virtually no body seam broadcasting, lesser quality paint application. Front wheelwells have some light reinforcement, headlights always in the exposed position. Pitted bumper chrome, dingy engine compartment. All stock ignition shielding missing, and trim, older replacement seat upholstery and carpeting. Engine bay rough as a cob, with all ignition shielding missing and non-stock air cleaner fitted. Cond: 4-. SOLD AT $21,000. You could do worse if you want a '64 driver with designs of self-restoring some day. I even found it appealing to some extent—but that's because I'm cheap, I like '64s because they're cheap, and I'm a sucker for punishment. Even with a quickie repaint, it will be a hard car to flip, yet the buyer had it out at the Silver auction a week later, where it didn't sell at $27k. ICA, Gilbert, AZ, 1/10. #32-1965 CHEVROLET CORVETTE coupe. S/N 194375S117985. Glen Green/dark green vinyl. Odo: 13,220 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Equipped with power windows, teak wheel, and tinted glass. Consignor believes indicated miles are actual. Three time NCRS Top-Flight car, awarded from 1982 through 1984. Three-decade-old high-quality repaint, light waviness and bonding strip broadcasting. Minimal dulling of original chrome and trim. Older engine repaint and detailing, but not ready for another NCRS event just receipts from the 40-year second owner. Good prep work and paint, light seam broadcasting, mostly original brightwork. Original door panels and seat upholstery show mild patina, reproduction carpets with mild wear. Nonstock valve covers, aluminum intake manifold, ignition wires, and headers. Cond: 3+. NOT SOLD AT $59,000. The consignor wanted at least $6k more to even consider letting this one go. Mosport Green isn't a really popular color, and this car has a replacement motor, so it might be a bit of work to find the right buyer at that price. However, it's a well sorted out big-block with some rare options—such as the rarest color for a soft top in '66—so it has a lot going for it. It's just that it's going back on the consignor's truck. ICA, Gilbert, AZ, 1/10. #806-1966 CHEVROLET CORVETTE convertible. S/N 194676S105586. Marina Blue/white vinyl/white vinyl. Odo: 57,517 miles. 427-ci 425-hp V8, 4-bbl, 4-sp. Older comprehensive restoration still shows very well, with only light chips and scuffs evident from normal use. Good gaps, but passenger's door to cowl gap is a bit wide. Most chrome still appears as-new, but vent window frames exhibit light pitting and may not have been restored. Glass original except for modern engine claimed to be built to 350-hp specs. Aftermarket radio and shifter. Older reproduction interior soft trim with light to moderate wear. Offered at no reserve. Cond: 4+. SOLD AT $32,330. In another case of a '64 with color issues, it was rather odd that whoever did this car flip-flopped the color combo. Oh, the power of red. Just another ratty '64 driver that someone didn't want to deal with anymore. Market price for condition. Mecum, Kansas City, MO, 12/09. #54A-1964 CHEVROLET CORVETTE coupe. S/N 40837S100568. White/dark blue vinyl. Odo: 62,587 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Fitted with 1965-68 327/ Powerglide replacement engine, bolted to a 4-speed. A factory a/c car, but most components under the hood are modern retrofitted pieces. Ancient repaint now pebbly on all surfaces and peeling in door jambs. Dull original chrome yet. New mufflers clamped to original pipes. Completely original interior with light patina. Cond: 3. NOT SOLD AT $38,000. While not Bloomington Gold Survivor material, this was something of a time machine in its own right. The consignor wanted $45k in his pocket to let the car go, and I can't really blame him on one hand. However, Glen Green is toward the bottom of desirability for most folks, especially as a lightly optioned small-block. Yet a major Corvette dealer had expressed interest in the car, so some of us see redeeming factors in it. ICA, Gilbert, AZ, 1/10. #27A-1966 CHEVROLET CORVETTE convertible. S/N 194676S118941. Mosport Green/tan vinyl & green hard top/dark green vinyl. Odo: 85,230 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Options include power steering, power brakes, teak wheel, tinted glass, 4-way flashers, both tops, and knockoffs. 1969 datecoded replacement motor installed in 1970, per replacement windshield. Interior remains very fresh and tidy without evident fault. Engine bay requires show prep after some use. Cond: 2. NOT SOLD AT $60,000. Perhaps it's been a while since this car saw the NCRS show field, or better still, maybe it was never prepared for that sort of competition. It would not be hard to make this car a proper showpiece, but the details noted may have cost it a bid or two. All in all, the high bid was light of the $75,000 reserve, and the seller was right to wait for springtime. Auctions America, Raleigh, NC, 12/09. #S95-1966 CHEVROLET CORVETTE convertible. S/N 194676S122605. Nassau www.corvettemarket.com WINTER 2010 Corvette Market 61


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Market Report Global Roundup Corvettes across the block #556-1967 CHEVROLET CORVETTE coupe. S/N 194377S102041. Sunfire Yellow/ black vinyl. Odo: 70,586 miles. 327-ci 350hp V8, 4-bbl, 4-sp. Older restoration shows numerous light flaws, including cracks inside doors and some light overspray. Color match not entirely correct, with yellow a bit too strong, but overall finish quality and body alignment are still quite nice. Chrome and brightwork redone, light scratching on rear Blue/white vinyl/Bright Blue vinyl. Odo: 762 miles. 427-ci 425-hp V8, 4-bbl, 4-sp. Equipped with the L72 big-block, 3.55 Posi, sidepipes, and knockoffs. High-quality older restoration holding up quite well. Lightly shaved wheelwell lips, no cracks or bonding strip broadcasting evident, body character lines muted from sanding, door and panel fit good. Reproduction interior starting to show wear, with soiling on driver's side carpeting, crack in steering wheel rim, and faded seat belts. Aftermarket AM/FM/cassette deck. Good older engine detailing, with only some light fuel staining on intake manifold. Cond: 2-. SOLD AT $72,080. Proving there's more to big-block midyears than 1967s, this L72 rag top easily surpassed the $56k reserve. While it might need a fluff, buff, and detail if you want to NCRS it, you could do a lot worse for this money. Although not a smokin' hot deal, it was worth fighting for. Mecum, Kansas City, MO, 12/09. #S67-1967 CHEVROLET CORVETTE convertible. S/N 194677S118550. Rally Red/ white vinyl/white vinyl. Odo: 37,261 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Non-original 1965 block is period correct for an L79. Fitted with the M21 4-speed, sidepipes, headrests, AM/FM radio, Rally wheels, and modern Redline radials. Softer body contours from prep sanding, cleaned-up wheelwells which are lightly shaved. Newer chrome and stainless it stayed with its consignor. Auctions America, Raleigh, NC, 12/09. #527-1967 CHEVROLET CORVETTE convertible. S/N 194677S100929. Riverside Red & black/black vinyl/black vinyl. Odo: 46,424 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Circa 1988 body-off restoration. Light body seam broadcasting under good 22-year-old repaint. Headlight bucket to body fit issues, generally good door and panel fit. No detailing and minimal clean-up under the hood since restoration, with heavier fuel staining on intake bumper. Sloppy refinishing of dash not offset by nice walnut steering wheel. Factory a/c engine compartment mostly correct in appearance, but without claims of matching numbers. Cond: 3+. NOT SOLD AT $54,500. While not heavy on information, the car's documentation provided by the consignor read, “If you buy the best, you buy once.” This really was just a driver-quality Corvette, and whether or not the numbers matched shouldn't have affected the car's ability to sell at this bid. The consignor should have cut it loose. Auctions America, Raleigh, NC, 12/09. #765-1967 CHEVROLET CORVETTE convertible. S/N 194677S118190. Rally Red/ black vinyl/black vinyl. Odo: 35,127 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Concoursquality paint on smooth body with no major issues, apart from some light waviness and swirl marks on hood. Driver's door could shut better compared to passenger's side. Front bumper exhibits one ding in otherwise faultless manifold and peeling decals. Light wear on reproduction upholstery, with moderate carpet wear. Runs out in a generally stock manner. Cond: 3+. NOT SOLD AT $90,000. This restoration isn't exactly unwinding, but when you use a restored car for awhile, you can't expect fresh out-of-the-shop prices when it comes time to sell. Couple this with a continued receding of Tri-Power big-block '67 prices, and even the Monday rerun no-sale bid of $67,500 was not out of line here. At least a 400-hp big-block makes for a car that you can practically drive to some extent in 2010—needing only nonoxygenated high octane instead of racing gas. Silver Auctions, Fort McDowell, AZ, 1/10. C3 Best Buy #S46-1968 CHEVROLET CORVETTE convertible. S/N 194678S421600. Silver/black vinyl/black vinyl. Odo: 45,065 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Options include power steering, power brakes, AM/FM radio, and both tops. One-owner car until 2004, then subjected to a complete restoration. Excellent body prep and bare body repaint, average bumper replate, mostly new trim. All new interior soft trim, expertly fitted and showing minimal to no wear. The motor was rebuilt and bored .030 over as part of the restoration, and well detailed when put back. Cond: 2. SOLD AT $36,570. The best way to have a '68 that trim, although the sidepipe shields are road worn. The original windshield seal cracked. Newer top and interior, showing only light wear. Authentic engine bay detailing, although the air cleaner element is getting ratty. Cond: 3. SOLD AT $56,710. Last sold here in the spring, then at $55k (CM# 120052). Seen again at The Branson Auction in September '09, where it failed to sell at $40k (CM# 142919). The reserve was pulled at $49k, and it seems that the market has spoken. Mecum, Kansas City, MO, 12/09. 62 Corvette Market WINTER 2009 www.corvettemarket.com chrome, rest is appropriately wavy and correct to original standards. Top and interior remain in show-quality condition, walnut wheel looks right. Engine compartment well-detailed and correct apart from modern AC Delco battery. Cond: 2+. NOT SOLD AT $62,000. Judging sheets with the car indicated that it earned a very respectable 98.4 in NCRS judging. Its slight flaws were likely fixable without much trouble, but nobody here was interested close enough to the car's $75,000 reserve price, and


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you actually intend to drive on occasion is to have one which is fully restored—wherein most of the bugs from that first-year C3 have been worked out. This was a little pricey for a base-level motor car, but it was worth it, as it was turn-key ready. There was a lot of interest, and it took a while to get it sold, so I'm not the only one of this opinion. Mecum, Kansas City, MO, 12/09. #S102-1968 CHEVROLET CORVETTE convertible. S/N 194678S419904. Purple Pearl Metallic/black vinyl/black vinyl. Odo: 28,054 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Originally Corvette Bronze. Recent repaint with decent prep and application, good forward door gaps, wide rear gaps. Mostly original and lightly scuffed brightwork. Rear suspension sits quite high. Non-stock induction, HEI this is more of a very weak number two car. A decent deal, all things considered. Silver Auctions, Fort McDowell, AZ, 1/10. #28A-1969 CHEVROLET CORVETTE convertible. S/N 194679S730764. LeMans Blue/black vinyl/black vinyl. Odo: 64,028 miles. 350-ci 300-hp V8, 4-bbl, 4-sp. Options include both tops, a/c, power brakes, and tilt/ telescopic column. Aftermarket chrome sidepipes. Slight body wave under newer repaint, good, mostly original trim, older replated bumpers. Minimal cleanup underhood. Part of original exhaust pipe hangers remain under two-to-one ratio over red. Market pricing for a nicely detailed but hardly virginal LT-1 coupe. Mecum, Kansas City, MO, 12/09. #F158-1974 CHEVROLET CORVETTE coupe. S/N 1Z37Z4S414831. Bright Yellow/ black vinyl. Odo: 77,312 miles. 454-ci 270hp V8, 4-bbl, 4-sp. Fitted with a/c and power brakes. Aftermarket AM/FM/cassette radio and K&N filter. Newer better-than-average repaint, light pitting on door handle flappers, good engine clean-up and light detailing. distributor, ignition wiring, air cleaner, radiator hoses, and alternator. Reproduction seats and carpeting show light wear. Velcro tape on dash top from aftermarket cover. Cond: 3-. SOLD AT $21,200. Once you get past the Barney paint job (even a Minnesota Vikings fan wouldn't have a Corvette in this shade of violet), there was a lot of potential. The thing is, at this selling price, it'll be tough to make it correct, flip it, and make a profit. Well sold. Mecum, Kansas City, MO, 12/09. #38-1968 CHEVROLET CORVETTE convertible. S/N 194678S404922. Black/ red vinyl. Odo: 54,404 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Optional a/c, power steering, luggage rack, and both tops. Factory a/c car, but most underhood hardware is modern. 18-year-old restoration holding together quite well. Engine compartment with non-stock fuel pressure regulator, radiator, electric cooling fans, alternator, and ignition wiring. Light wear on reproduction interior, mostly on carpet. One crack at 9 o'clock on simulated wood steering wheel. Cond: 2-. SOLD AT $29,700. The lengthy car card summarized this C3 as “a solid #2.” 18 years ago perhaps, but now back of car. Older reproduction seats, original carpets and door panels show moderate wear. Aftermarket stereo, seat belts, and Hurst shifter. Cond: 3. NOT SOLD AT $21,500. While 1969 was the only year that a C3 had sidepipes, this wasn't one of them. Not quite a Corvette Summer escapee, but the sort of Corvette that the smooth operator probably had in high school. At this money, the high bidder should've been able to buy it and live his high school days vicariously. ICA, Gilbert, AZ, 1/10. #F178-1971 CHEVROLET CORVETTE LT-1 coupe. S/N 194371S114752. War Bonnet Yellow/black vinyl. Odo: 99,182 miles. 350-ci 330-hp V8, 4-bbl, 4-sp. Factory optional LT-1 motor, power steering, tilt/telescopic steering column, and AM/FM radio. Claimed to be all original; however, paint is newer and tires have post-1983 DOT date codes on them. Original interior claim could be plausible, as there Older replacement interior vinyl with light wear, heavier wear on original carpeting. Runs out well, if slightly more throaty than stock. Cond: 3. SOLD AT $20,140. Rubber bumper big-blocks (say that five times really fast) seem to be among the few C3s that are still increasing in value. This one needed some detailing work to become a show car, but it was a rather nice driver. As such, it sold strongly, just as its peers from 1973 and 1974 have been doing lately. Mecum, Kansas City, MO, 12/09. #F47-1974 CHEVROLET CORVETTE coupe. S/N 1Z37Z4S425616. Red/tan vinyl. Odo: 51,950 miles. 454-ci 270-hp V8, 4-bbl, 4-sp. Optional power steering, power brakes, power windows, and deluxe leather interior. Also fitted with a/c, although compressor drive belt is missing. Older economy repaint, with chipping along some panel edges. Original brightwork shows moderate scuffing. are seam separations on driver's side bottom and moderate fraying and wear to carpeting. Authentically detailed motor, inclusive of smog pump and all plumbing. Fresh brake lines and exhaust system. Cond: 2-. SOLD AT $31,800. Some folks make a big stink about a '71 being painted War Bonnet Yellow. However, it was the most popular color that year—by almost a Repainted valve covers and cleaned-up motor, heavily surface rusted chassis components and exhaust system. Interior is something of a patchwork affair, with some older worn redyed tan pieces. Cond: 4+. SOLD AT $11,395. 1974 was the last year for a Mark IV motor in a Corvette, but that doesn't automatically make it worth mega bucks, as by then, the Corvette 454 was almost the same as it was in truck applications. Plenty paid for a ratty rubber bumper big-block. Mec #352-1974 CHEVROLET CORVETTE coupe. S/N 1Z37J4S434895. Brown metallic/ www.corvettemarket.com WINTER 2010 Corvette Market 63


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Market Report Global Roundup Corvettes across the block tan vinyl. Odo: 54,468 miles. 350-ci 195-hp V8, 4-bbl, auto. Factory optional a/c, power brakes, tilt/telescopic column, luggage rack, power windows and California emissions. Most documentation since new, including mortal remains of tank sticker. Good quality topical repaint, freshly rebuilt brakes. Top of the engine repainted, rest of engine compartment cleaned up but not detailed. New cowl induction to air cleaner seal still has mold release on it. Redyed console and door panels, good original seats and dash. Undercoated when new. Cond: 3+. NOT SOLD AT $12,500. Baselevel motor, slushbox transmission, California smog gear, and brown metallic. The only thing helping here was that it was basically a oneowner car with documentation. The consignor likely saw his best payday go running right past at this retail-plus level. Silver Auctions, Fort McDowell, AZ, 1/10. #729-1974 CHEVROLET CORVETTE convertible. S/N 1Z67J4S419894. Black/ black vinyl/black cloth & vinyl. Odo: 77,561 miles. 350-ci 195-hp V8, 4-bbl, auto. Betterthan-average repaint extends into doorjambs, few surface flaws include light preparation issues and some rippling. New convertible top correct down to warning tag. Seats possibly fresher than original, although dashboard and metallic/black cloth & vinyl. Odo: 97,864 miles. 350-ci 180-hp V8, 4-bbl, auto. Older driver-grade refinishing heavily buffed and color sanded, with multiple chips, scratches, and a splotchy appearance up close. Mismatched door jambs from prior repaint, tape marks abound. Hood and doors open and shut poorly. Weatherstripping original and ough around door openings. Interior possibly original with nicer seats, dash cracked, console worn. Engine compartment hastily prepared with a spraycan or two. Cond: 4+. SOLD AT $8,640. This fright-pig Corvette even came with a funky odor. Showing two different and incorrect finishes inside and out, it looked decent from where the bidders were seated, but up close it was rather nightmarish. Relative to other nicer 1975s seen lately, this was quite well sold. Auctions America, Raleigh, NC, 12/09. #560-1975 CHEVROLET CORVETTE convertible. S/N 1Z67J5S417845. Bright Yellow/black cloth & yellow hard top/black leather. Odo: 72,826 miles. 350-ci 165-hp V8, 4-bbl, auto. Equipped with optional hard top, interior décor group, tilt/telescopic column, AM/FM radio, power windows, and a/c. Good older repaint, although nose is slightly darker. Claimed to have a near-new cloth 205-hp V8, 4-bbl, 4-sp. Equipped with optional L82 with 4-speed, cruise control, and AM/FM/ CB radio. Seller claims indicated miles are actual. Original paint better than average, but it won't be confused with an over-the-top restoration. Motor had a quickie cleanup, undercarriage is daily-driver grade. Minimal seat wear, but has some light yellowing discoloration to prove that they're 32-year-old originals. Tires aren't original. Cond: 3. SOLD AT $23,850. Anyone who thinks that a '78 Pace Car edition is a rare car (as the car card alluded to) needs only to pick up any vintage car publication that has a ten-page-or-larger “For Sale” section, and you'll be all but guaranteed to find one for sale—and likely with similar low mileage. The L82/4-speed combination does make it both rarer (202 built) and more desirable, but it's not worth crawling across the Himalayas on your hands and knees to find one. Market price. Mecum, Kansas City, MO, 12/09. 25th Anniversary Replica coupe. S/N 1Z8748S404067. Two-tone #370-1978 CHEVROLET CORVETTE silver/tinted panels/oyster leather. Odo: 2,774 miles. 350ci 220-hp V8, 4-bbl, 4-sp. Left St. Louis in silver only, painted later to replicate a 25th Anniversary edition. Mileage claimed original. Equipped with the L82 motor, 4-speed, tilt/ telescopic column, tinted roof panels, sport mirrors, and power windows. Good door and panel gaps, engine compartment original and cleaned up well. Light wear to original upholstery, heavy wear to dealer accessory floor console original, with console cracked around handbrake opening. Engine bay tidy, with careful detailing and some correct tags indicating preparation for show. Cond: 2-. SOLD AT $15,390. This was one of just 5,424 convertibles for 1974, and someone thought it was special enough in triple black to restore it well beyond what most people would have done. A small-block automatic 1974 is not on many folks wish lists, especially with more freshening to do, so it's not a great surprise that the $17,000 reserve came off where it did. A fair transaction for buyer and seller. Auctions America, Raleigh, NC, 12/09. #754-1975 CHEVROLET CORVETTE coupe. S/N 1X37J55427251. Medium blue 64 Corvette Market WINTER 2009 www.corvettemarket.com soft top. Good original interior, with heaviest wear being carpeting and original floor mats. Driver's side door panels starting to split along armrest. Aftermarket console T-pad has slightly less wear than seats. Typical used car undercarriage. Cond: 3. NOT SOLD AT $15,500. One of 2,407 of the final-year convertible that came with an optional hard top. It wasn't worth holding out for more with the needs noted, so the seller should have taken the money. Silver Auctions, Fort McDowell, AZ, 1/10. #F169-1978 CHEVROLET CORVETTE Indy Pace Car Edition coupe. S/N 1Z8748S903286. Silver & black/painted panels/silver leather. Odo: 6,699 miles. 350-ci mats. Undercarriage dirtier than expected. Cond: 3+. SOLD AT $14,580. Silver Anniversary was the hands-down most popular paint scheme for a '78 Corvette—almost three times more prolific than the cookie-cutter Pace Cars—so I'm not sure why this dude decided to turn his far rarer all-silver car into an Anniversary car. Sure, an Anniversary edition with the L82/4-speed combo is harder to find, but they surface occasionally also. In addition to the powertrain, the low mileage carried the


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Keith Martin's Guide to Car Collecting, Second Edition, will be your one-stop resource for collecting. ALL COPIES SIGNED BY THE AUTHOR! The updated edition includes over 300 pages of insider information about the collector car market, with tips and insights you simply won't get anywhere else. It includes everything, from the top 1,000 prices of collectible cars, to collector car legal advice, to picking out your best first Ferrari or Porsche. It's a must read. If you order from SCM, your book will be shipped by priority mail WITHIN 24 HOURS of the receipt of your order. Keith Martin's Guide to Car Collecting, Second Edition, signed by the author: $30, including priority shipping anywhere in the U.S. ($40 outside the U.S.). A limited number of signed and numbered copies, from an edition of 250, are available. Includes instant digital download of the complete book. $45, including shipping anywhere in the U.S. ($55 outside the U.S.). sportscarmarket.com/kmoc2


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Market Report Global Roundup Corvettes across the block day here, with the car selling about as well as one could expect. Silver Auctions, Fort McDowell, AZ, 1/10. #F140-1979 CHEVROLET CORVETTE coupe. S/N 1Z8749S426019. Silver & black/ Oyster leather. Odo: 60,872 miles. 350-ci 205-hp V8, 4-bbl, auto. L82 motor, tilt wheel, power windows, power door locks, and a/c. Superficial repaint looks decent on the outside but is sloppy on door jambs and shows some overspray in places. Typical stock door gaps. Engine with red ignition wires, polished #F56-1982 CHEVROLET CORVETTE Collector Edition coupe. #73-1982 CHEVROLET CORVETTE S/N 1G1AY0787C5119091. Silver & charcoal/ silver leather. Odo: 77,014 miles. 350-ci 200hp fuel-injected V8, auto. Repaint is at least as good as original, yet with some light masking lines on door seals. Black paint in taillight coves mostly flaked off, window tint film applied to hatch and door glass. Paint flaking off coupe. S/N 1G1AY8788C5109751. Red/tinted panels/black leather. Odo: 43,959 miles. 350-ci 205-hp fuel-injected V8, auto. Factory options include rear window defroster, mirrored roof panels, power seats, power antenna, and electric sport mirrors. Recent repaint, with heavier original paint wear in door jambs wearing through to fiberglass in places. Front fascia is a slightly different hue than rest of car. GM- aluminum valve covers, and small chrome air cleaner. Seats show quite a bit of wear, modern DIN-mount stereo system displaces stock radio. Newer chambered exhaust. Cond: 3-. NOT SOLD AT $8,900. Just another repainted Corvette with no collector value; nothing more, nothing less. At least they didn't try to pass this off as a replica 25th Anniversary Edition—yeah that's it, a rare 26th Anniversary Edition, one of one... Mecum, Kansas City, MO, 12/09. #573-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8767B5106188. Beige/ tinted panels/tan leather. Odo: 98,240 miles. 350-ci 190-hp V8, 4-bbl, auto. Optional cruise control, mirrored roof panels, and power driver's seat. All glass security etched with car's VIN—including T-tops. Mostly original paint could use a buff-out, nose likely re- base of the dashboard at windshield, odometer reset knob broken off. Moderate wear on seats, carpet, and door panels. Original yet unkempt undercarriage. Cond: 3. SOLD AT $13,250. One of two '82 Collector Edition cars at the sale, this one being the better of the two—if barely. The reserve was dropped at $11k, so it was chased for a little while. This is getting to be the average price for an average example. Mecum, Kansas City, MO, 12/09. #S31-1982 CHEVROLET CORVETTE Collector Edition coupe. S/N 1G1AY0781C5106594. Silver & charcoal/ tinted panels/silver leather. Odo: 74,717 miles. 350-ci 200-hp fuel-injected V8, auto. Good quality repaint, with some light polishing swirls on hood. Decent stock door and panel gaps. All stock engine compartment, with all emissions hardware in place and topically cleaned off. Seats and door panels with heavier wear spec panel and door gaps, aftermarket window tint film all around, chromed exhaust outlets. Moderate seat wear, heavier wear on steering wheel rim and door panels. Cond: 3. SOLD AT $11,070. While in good colors, this one was starting to get a little rough around the edges. Top money paid, as nicer cars are pretty easy to find for not a whole lot more money. The consignor was obviously well aware of this, and he cut the reserve loose when the bidding stopped. Silver Auctions, Fort McDowell, AZ, 1/10. C4 #753-1984 CHEVROLET CORVETTE coupe. S/N 1G1AY0788E5150756. Bright Red/tinted & painted panel/red leather. Odo: 49,988 miles. 350-ci 205-hp fuel-injected V8, auto. Factory options include leather sport seats, AM/FM/cassette stereo, and dual roof panels. Dealer accessory mud guards. Claimed to be an original actual-mile unrestored car. sprayed. Paint chipped in several places close to roof panels, light body crack on right side where panel and door glass meet. Cleaned up, mostly original engine compartment. Some of the blackout rear glass trim is flaking off. Reupholstered seats, balance of interior original and in good shape. Cond: 3-. SOLD AT $8,100. It's easy to grasp that this was claimed to have been a life-long Arizona car—it was the perfect color for being parked in the desert, the seats had been replaced, and it has some sun fade. The price paid was the right money for this car. Silver Auctions, Fort McDowell, AZ, 1/10. 66 Corvette Market WINTER 2009 www.corvettemarket.com and weakening seams, plastic power seat control on base of driver's seat is loose and has heavier fading. VIN tag on windshield frame rusty. Factory-optional electronic AM/FM/ cassette deck. Cond: 3-. SOLD AT $15,900. Further proof that 1982 Collector Editions are doing quite well in the marketplace, as this is the same kind of money a 1978 Pace Car edition would bring. And this car's good quality paint job was all that was keeping it from being just a tired old driver. Mecum, Kansas City, MO, 12/09. Stock alloys, fresh performance radials. Motor Trend Car of the Year sticker in rear window. Heavily buffed out paint after some light touch-up, door glass seals only have some light chalkiness. Dealer-grade engine compartment clean-up. Cond: 3+. SOLD AT $6,588. Upholding the annual tradition, the casino had a drawing among their patrons for a collector car—this year a Corvette—and also upholding that tradition, the winner elected to take the cash instead of this car. Sometimes I wonder why they even bother. While it's a little difficult


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to say with a straight face, this was actually a pretty decent '84 Corvette, and at least it was bought well. Silver Auctions, Fort McDowell, AZ, 1/10. #45-1987 CHEVROLET CORVETTE convertible. S/N 1G1YY3184H5101602. Dark Red Metallic/white vinyl/black leather. Odo: 33,084 miles. 350-ci 240-hp fuel-injected V8, auto. Factory optional Z52 handling package, dual power sport seats, climate control, performance axle, engine oil cooler, radiator boost fan, California emission requirement, and Delco Bose stereo. C6-style wheels, stock #574-1990 CHEVROLET CORVETTE coupe. S/N 1G1YY2384L5111966. Black/red leather. Odo: 75,410 miles. 350-ci 250-hp fuelinjected V8, auto. Options include tinted roof panel, performance axle, power leather sport seats, and climate control. Also fitted with aftermarket cat-back exhaust and window tint film on hatch glass. Better than stock repaint with wheels also available. Excellent original paint, with minimal nose chipping. Original soft top only shows light weathering. Non-stock TPI rail covers, rest of motor stock and dusty. Driver's seat has more wrinkling than expected. Cond: 3+. SOLD AT $16,470. In a sea of C4s, this was one of the best ones out here, and considering the final bid, there were several other people out here who shared that opinion. Silver Auctions, Fort McDowell, AZ, 1/10. #F126-1988 CHEVROLET CORVETTE 35th Anniversary Edition coupe. S/N 1G1YY2189J5117116. Polo White/tinted panel/white leather. Odo: 59,765 miles. 350-ci 245-hp fuel-injected V8, auto. Good original paint with light scuffing. Loose and rattling door panels, especially on passenger's side, some fraying weatherstripping. Reproduction seat upholstery like new, while steering wheel several discernible masking lines. Slight buckling of driver's door panel at top, more soiling than wear on seats. Topical engine bay cleanup, untouched undercarriage. Cond: 3-. SOLD AT $6,600. The first of a group of half a dozen C4s, and one of the better buys of the bunch. None were really spectacular, as they were all decent drivers without significant modification. Silver Auctions, Fort McDowell, AZ, 1/10. #575-1991 CHEVROLET CORVETTE coupe. S/N 1G1YY2387M5102793. Black/ black leather. Odo: 71,110 miles. 350-ci 250hp fuel-injected V8, auto. Options include climate control, rear defroster, Delco-Bose AM/ FM/cassette stereo, and leather sport seats. Aftermarket window tint film starting to peel on edges. Roof hatch appears to have been options include Selective Ride Control, removable glass roof, climate control, and Delco Bose AM/FM stereo. Aftermarket high-rise cowl-induction-style hood, stainless steel exhaust system. Repaint not too bad, primer visible in wheelwells. Motor has rebuilt heads, performance cam, and updated fuel injection. Reupholstered seats in non-stock two-tone. Aftermarket door sill guards and console top armrest. Cond: 3. SOLD AT $7,452. A poster child of the type of C4 to generally avoid. There's no upside here, and the seller cut it loose for all the money in the world. Well sold, as you can buy a much better car for the same price. Silver Auctions, Fort McDowell, AZ, 1/10. #53A-1992 CHEVROLET CORVETTE coupe. S/N 1G1YY23P7N5707047. White/tan leather. Odo: 78,056 miles. 350-ci 300-hp fuelinjected V8, auto. Factory options include dual power leather seats, Selective Ride & Handling, and electronic climate control. Good topical repaint, with non-stock pinstripes added. Also modified with C5-era Z06 chrome alloys, dark window tint, modern sound system, carpeted leather has far heavier wear and is not the same shade of white. Aftermarket door sill carpet protectors, loose screws hold gauge panel in place. Topical engine bay cleanup. Cond: 3. SOLD AT $8,500. One would think that if this really was a 59,765-mile car, the consignor would've been bragging that up. If those were the actual miles, well enough bought. If not, well, it should be a decent driver for the market price paid. Mecum, Kansas City, MO, 12/09. repainted, other original paint heavily buffed out. Tops of door panels warped, other interior wear typical for the miles indicated. Cond: 4+. NOT SOLD AT $6,300. Compared to the other black C4 from this offering, this one came up short, even with less work done to it. Or is that because less was done to it? Also, this was not the most popular color for the locals, as it would be a rolling sauna in Phoenix for most of the year when the original (and spendy) R12 a/c quits blowing cold. Silver Auctions, Fort McDowell, AZ, 1/10. #283-1992 CHEVROLET CORVETTE Custom coupe. S/N 1G1YY23P3N5104100. Red/red & black leather . Odo: 85,032 miles. 350-ci 300-hp fuel-injected V8, 6-sp. Factory dashpad, clear plastic sill protectors, and stainless steel exhaust. Replacement seat upholstery installed quite well, considering how complex these seats are. Original carpet shows soiling on driver's side. Cond: 3. SOLD AT $9,250. It's amazing what limited selection can make people do. As one of only two C4s out here, this brought retail-plus pricing. A week later out at Silver there were nearly a dozen to chose from, but none sold for as much as this one did here. ICA, Gilbert, AZ, 1/10. #576-1994 CHEVROLET CORVETTE coupe. S/N 1G1YY22P6R5118211. Arctic White/red leather. Odo: 115,965 miles. 350-ci 300-hp fuel-injected V8, auto. Optional power sport seats, climate control, and rear window defroster. Fitted with aftermarket body-color taillight louvers and in-dash stereo system. Light tearing of door glass seals, near new reproduction carpeting and seat upholstery. Dealer-prep-grade engine bay detailing. Washed off undercarriage, with newer stock exhaust and Bilstein shocks. Cond: 3. SOLD AT $7,236. www.corvettemarket.com WINTER 2010 Corvette Market 67


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Market Report Global Roundup Corvettes across the block no doubt as to the originality of the seat upholstery. Cond: 3-. SOLD AT $7,128. Pretty much market priced for a realistic-mile late C4. While original, there's not much investment value here, even if it gets locked in a climate controlled garage for several decades. Might as well drive it to enjoy it. Silver Auctions, Fort McDowell, AZ, 1/10. #62-1995 CHEVROLET CORVETTE With over 100k on the roundy-meter, this wasn't as good of a buy as most of the other C4s here, but it was still a decent buy compared to the ones found sitting on most used car lots. Silver Auctions, Fort McDowell, AZ, 1/10. #577-1994 CHEVROLET CORVETTE coupe. S/N 1G1YY22P8R5104178. Bright Aqua/blue tinted/tan leather. Odo: 74,223 miles. 350-ci 300-hp fuel-injected V8, auto. Factory options include power sport seats, climate control, rear window defroster, Bose AM/FM/cassette stereo, blue tinted roof panel, and chrome alloys. Aftermarket tinted taillight lenses and enhanced rear valance lettering. coupe. S/N 1G1YY22P9S5101005. White/ white panel/black leather. Odo: 33,260 miles. 350-ci 300-hp fuel-injected V8, auto. Options include dual power leather sport seats, Bose AM/FM/cassette sound system, and electronic climate control. New tires, stock rims have minimal curb rash. Window tint film on hatch glass, Goodguys sticker on bottom center. Some Best Buy #745-1996 CHEVROLET CORVETTE coupe. S/N 1G1YY225XT5117830. Polo Green/tinted panel/black leather. Odo: 55,970 miles. 350-ci 330-hp fuel-injected V8, 6-sp. Optional LT4 with prerequisite 6-speed, power leather sport seats, tinted roof panel, rear window defroster, and Delco-Bose AM/ FM/Cassette/CD stereo. All original paint, clearcoat peeling behind rear wheelwells, below body character line and around taillights. Heavier polishing swirls and scuffing Well-cared-for original paint recently buffed out, good underhood and underbody clean-up. Seats have too little wear and too many fitment wrinkles to be original, door panels faded. Cond: 3. SOLD AT $6,912. Being a definite period color (remember all of those Ford Explorers and Chevy Suburbans in variations of green metallic?), it looks the part of a lategeneration C4. If you are sick and tired of “me too” red, white, and black Corvettes, this was a good buy. Silver Auctions, Fort McDowell, AZ, 1/10. #578-1994 CHEVROLET CORVETTE coupe. S/N 1G1YY22P1R5116107. Arctic White/tinted/black leather . Odo: 72,348 miles. 350-ci 300-hp fuel-injected V8, auto. Equipped with Delco-Bose cassette stereo, climate control, rear window defroster, tinted roof panel, rear window shade, and power leather sport seats. Congruent overall, with mostly original paint and interior. Typical cracking of door glass seals, light gouge in top edge of driver's door. Light underhood and underbody cleanup, heavier wrinkling and moderate wear leave panels resprayed, most paint original and in good shape. Heavier seat wear and wrinkling, especially on driver's side. Aftermarket engine call-out decal on console. Cond: 3. SOLD AT $7,668. The reserve was let go at the end of bidding for a market-priced sale. With at least four white C4s out here, you really needed the run list—with VINs noted on it—to keep track of things. Well bought and sold. Silver Auctions, Fort McDowell, AZ, 1/10. #366-1995 CHEVROLET CORVETTE convertible. S/N 1G1YY32P0S5107510. Admiral Blue/black cloth/black leather. Odo: 99,676 miles. 350-ci 300-hp fuel-injected V8, auto. Factory options include climate control and Delco-Bose AM/FM/cassette stereo. Stock alloys, fresh Michelin Pilots. Good quality repaint with some masking lines on door seals, door window seals starting to split. Original on rear valance, yet is still presentable at ten feet. Typical crumbling of door glass seals. Well maintained engine compartment only needs topical cleaning. Cond: 3-. SOLD AT $6,588. Bid to a nobody-is-in-the-tent $4,300 as lot 579 on Sunday. In my opinion, this was well bought, if not the steal of the sale, as it had lower miles and the one-year-only high horsepower LT4. If this had been red, it would've been an $8k car out here. Scoop up LT4s now while they're cheap and in decent condition. Remember, they laughed at the “fools” who were buying 435-hp cars for $1,500 during the first OPEC oil embargo. Silver Auctions, Fort McDowell, AZ, 1/10. C5 #F142-1999 CHEVROLET CORVETTE coupe. S/N 1G1YY22G4X5102246. Black/ tinted panel/black leather. Odo: 66,580 miles. 5.7-L 345-hp fuel-injected V8, auto. Factory options include tinted roof panel, body side moldings, Head-Up display, and AM/FM/ CD stereo. Modified with chrome Z06-style wheels, Billy Boat exhaust system, and window tint film. Excellent original paint with only a few light nose chips, nicely cleaned-up engine compartment. Base level seats with top has some moderate weathering, backlight staring to separate. Heavier seat wear and wrinkling, heavier carpet wear. Good engine bay clean-up, but is not detailed. Cond: 3-. SOLD AT $9,180. Another unit in the parade of C4s at this venue, selling for around market pricing. At least it was in one of the rarer colors for a C4. Silver Auctions, Fort McDowell, AZ, 1/10. 68 Corvette Market WINTER 2009 www.corvettemarket.com expected wear for miles indicated. Freshly shampooed carpeting has far less wear than the seats. Cond: 3. SOLD AT $15,635. There were more C5s at this sale than you could shake a stick at—all but three being black. Of the black ones, this was pretty much in the best condition, although it was one of the furthest away from stock. The reserve was off at $14,500, and


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Market Report Global Roundup Corvettes across the block it got one more bid and sold at this realistic price. Mecum, Kansas City, MO, 12/09. #146-1999 CHEVROLET CORVETTE CALLAWAY C12 convertible. S/N 1G1YY32G6X5126571. Metallic blue/blue & beige leather. Odo: 17,702 km. 5.7-L 440hp fuel-injected V8, auto. Somewhat variable panel fit, as per build. Very good paint shows a few minor flaws, including chips on door edges. All four wheels show curb rash. Clean interior has moderate wear on seats and door panels. Cond: 3+. SOLD AT $85,250. The hot Callaway-developed and built Corvette— the only one built with an automatic. Used more than many, and formerly owned by Otis Chandler. The MSRP on the car was $225k, and all things considered, it's held a remarkable percentage of value. Used Callaway cars, provided they've not been totally abused, can be great performance values. Don't save it, drive it. See the profile, p. 32. Gooding & Company, Scottsdale, AZ, 1/10. #580-2001 CHEVROLET CORVETTE convertible. S/N 1G1YY32G615100947. White/black cloth/black leather. Odo: 68,697 miles. 5.7-L 350-hp fuel-injected V8, auto. Factory options include 1SC Preferred Equipment Group, Memory Package, performance rear axle, sport seats, floor mats, singledisc CD stereo, and chrome alloy wheels. Mismatched emblems on wheels, tinted door glass, alarm system decals on each side. Well cared for, mostly original paint, light weathering of original top. Moderate to heavier wear on original interior—especially seats and floor mats. Cond: 3-. SOLD AT $19,116. Not a bad auto. Options include selective ride control, 1SC Preferred Equipment Group, Memory Package, performance axle, sport seats, floor mats, AM/FM/cassette stereo with CDchanger, and chrome alloys. Well cared for, mostly original paint, odd finish to cowl trim panel—almost like it was painted while still having silicone protectant on it. Noticeable wear on top directly above top bows. Heavily detailed underhood, worn steering wheel rim, wrinkled leather on seat bottoms. Cond: 3. SOLD AT $19,440. Just like lot 580, you could do better if you wanted to shop around, but you could certainly do worse too. Well sold. Silver Auctions, Fort McDowell, AZ, 1/10. #582-2004 CHEVROLET CORVETTE coupe. S/N 1G1YY22G345110074. Torch Red/black leather. Odo: 25,669 miles. 5.7-L 350-hp fuel-injected V8, auto. Equipped with 1SC Preferred Equipment Group, Memory Package, sport seats, floor mats, single-disc CD stereo, rear parcel cover, and chrome alloys. Aftermarket window tint, all glass except windshield. Like-new all-original paint, with only a few light stone chips on nose and hood. Undercarriage still sports most inspection tags Very well cared for original paint, with minimal nicks and only the slightest hint of any factory orange peel. Cleanly detailed engine compartment and washed off undercarriage. No worse than expected interior wear for a 57,441-mile car—with the heaviest wear on the leading edge of the seat bottoms. Cond: 3. SOLD AT $19,440. Of the four C5s here (all from one dealer) this was probably the best bang for the buck (that is, if you're impartial to coupes vs. soft tops). Especially if all black is your thing. A decent C5, sold at wholesale price. Silver Auctions, Fort McDowell, AZ, 1/10. C6 #S95.1 -2008 CHEVROLET CORVETTE Karl Kustom Split-Window coupe. S/N 1G1YY26W985129977. Black/Ebony & Sienna leather. Odo: 4,321 miles. 6.2-L 436-hp fuel-injected V8, 6-sp. Options include 3LT equipment group, Magnetic Selective Ride Control, and dual-mode exhaust. Converted as a new car by Karl Kustom Corvettes of Ankeny, IA. Dealer promotional car, with 4,321 miles since new. Minimal wear apart from heavier and markings. Light clean-up needed under the hood, interior wear commensurate with indicated miles. Cond: 3+. SOLD AT $23,490. This price was a bit higher than average in today's market, but not by much. Still, a better buy than lot 583, since if you're going C5 shopping—especially now that it's a buyer's market—you might as well get the lowest-mile example you can find. Silver Auctions, Fort McDowell, AZ, 1/10. car at all, but not the good deal that most of the C4s were. Actually came in as close to correct for retail pricing, but in today's soft C5 used car market, you can shop for a better deal. Silver Auctions, Fort McDowell, AZ, 1/10. #581-2002 CHEVROLET CORVETTE convertible. S/N 1G1YY32G725101400. Magnetic Red/tan cloth/oak leather. Odo: 70,190 miles. 5.7-L 350-hp fuel-injected V8, 70 Corvette Market WINTER 2009 www.corvettemarket.com #583-2004 CHEVROLET CORVETTE 2-dr coupe. S/N 1G1YY22G645132876. Black/painted panel/black leather. Odo: 57,441 miles. Factory options include 1SB Preferred Equipment Group, Memory Package, bodyside moldings, performance rear axle, sport seats, floor mats, AM/FM/single disc CD stereo along with the 12-disc CD-changer out back, and chrome alloy wheels shod with new Michelins. driver's seat wrinkling and soiling to undercarriage. Sold on the MSO. Cond: 2. SOLD AT $132,500. This is the 1963 Split-Window coupe flavor package from Karl Kustom. I actually think this came off better than the convertible package (see lot S91.1), as the roofline integrated better—it almost looked like a chopped '63 coupe. The reserve was surpassed at $120k, going one more bid past that. To have one built for you would cost more, and this was turn-key ready in a popular color, so I'd call it a good deal. Mecum, Kansas City, MO, 12/09. #S84.1-2009 CHEVROLET CORVETTE Z06 CSR Edition coupe. S/N 1G1YZ25E395114608. Black & gray/ black leather. Odo: 4 miles. 7.0-L 505-hp fuel-injected V8, 6-sp. Ordered new by Bob McDorman Chevrolet of Canal Winchester, OH. The car is in the exact condition that it was when it was offloaded from the transport at the dealership, with only four miles. It has not been


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dealer prepped, and has the wheel caps, floor mats, owner's manuals, and squirrel decapitator lower front air dam sitting in back—along with the door graphics package. Sold on the MSO. Cond: 1. SOLD AT $73,140. One of ten black CSRs, with the other ten in Blade Silver. If this was a die-cast model, it would be NIB (New In Box). Went one bid past the $68,500 reserve (which is pretty close to wholesale— sticker price being $77,600). Chances are, if you went to your local Chevy dealer and had ‘em look for one, they'd come up empty. This was a better deal than even if said dealer had it and you got 0% financing. But folks who pickle brand new cars almost always get the short end of the stick eventually. Mecum, Kansas City, MO, 12/09. #S91.1-2009 CHEVROLET CORVETTE Karl Kustom convertible. S/N 1G1YY36W895108996. Crystal Red & tan/ tan cloth/tan & black leather. Odo: 92 miles. 6.2-L 436-hp fuel-injected V8, auto. GMinstalled options include chrome wheels, 6-speed paddle-shift automatic, 3LT equipment group, Magnetic Selective Ride Control, dual-mode exhaust, and Crystal Red Tintcoat paint. Converted as a new car by Karl Kustom Corvettes of Ankeny, IA. Dealer demo car, with 92 miles since new. Minimal wear and soiling, sold on the MSO. Cond: 1. SOLD AT $132,500. Like any retro-look conversion, beauty is in the eye of the beholder—although the most important sets of eyes be holding the checkbook. I've seen enough conversions in my day, and I dare say that these don't come off too bad at all. They may also be among the best quality conversions out there, if not just by actually being able to put on a wonderful paint job (something that Bowling Green still has a few issues with). Was a no-sale across the bock at $125k, but less than a half-hour later, it was announced as a post-block sale. Mecum, Kansas City, MO, 12/09. ■ Vintage Advertising Prints 13" x 19"; Just $15.95 Available online at www.sportscarmarket.com www.corvettemarket.com WINTER 2010 Corvette Market 71


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By the Numbers Top Corvette Sales at Auction November 2009 to February 2010* Rank Model 1958 Corvette Custom Convertible—$220,000 at Barrett-Jackson, Scottsdale, AZ Sold Price Location 1 1958 Corvette Custom Convertible 2 2008 Corvette Coupe Limited Edition 3 1966 Corvette LS3 Custom Convertible 4 1957 Corvette 283/283 FI Convertible 5 1967 Corvette 427/435 Convertible 6 1967 Corvette 427/435 Convertible 7 1960 Corvette 283/290 FI Convertible 8 1965 Corvette 327/365 Convertible 9 1955 Corvette Roadster 10 1967 Corvette 427/435 Convertible 11 1967 Corvette 427/435 Convertible 12 1967 Corvette 427/435 Convertible 13 1969 Corvette 468 Custom Convertible 14 1967 Corvette 427/400 Convertible 15 1966 Corvette 427/450 Convertible 72 Corvette Market WINTER 2010 www.corvettemarket.com $220,000 Barrett-Jackson, Scottsdale, AZ $200,000 Barrett-Jackson, Scottsdale, AZ $198,000 Barrett-Jackson, Scottsdale, AZ $194,700 Barrett-Jackson, Scottsdale, AZ $190,800 Mecum, Kissimmee, FL $190,800 Mecum, Kissimmee, FL $181,500 Barrett-Jackson, Scottsdale, AZ $170,500 Barrett-Jackson, Scottsdale, AZ $167,200 Barrett-Jackson, Scottsdale, AZ $161,700 Barrett-Jackson, Scottsdale, AZ $161,700 Barrett-Jackson, Scottsdale, AZ $148,400 Mecum, Kissimmee, FL $143,000 Barrett-Jackson, Scottsdale, AZ $137,500 Barrett-Jackson, Scottsdale, AZ $137,500 Barrett-Jackson, Scottsdale, AZ Date 1/24/10 1/24/10 1/24/10 1/24/10 1/31/10 1/31/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/31/10 1/24/10 1/24/10 1/24/10 Lot # 1278.1 1318 1248.1 1257.2 S135 S160 1263 1259 1332 1267 1271 S114 1269.1 1351 1245.1 *Auction sales recorded from November 15 to February 15 in the Corvette Market Digital Plus database (www.corvettemarket.com). Barrett-Jackson


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Rank Model 16 1957 Corvette 283 FI Convertible 17 2009 Corvette Karl Kustoms Convertible 18 2008 Corvette Karl Kustoms Split-Window Coupe 19 1966 Corvette 427/425 Convertible 20 1961 Corvette 283/245 Convertible 21 1967 Corvette 427/435 Coupe 22 1963 Corvette 327/360 FI Coupe 23 1961 Corvette 283/315 FI Convertible 24 1959 Corvette 283/270 Convertible 25 1961 Corvette 283/315 FI Convertible 26 2009 Corvette ZR1 Coupe 27 1957 Corvette 283/283 FI Convertible 28 1967 Corvette 427/400 Convertible 29 1967 Corvette 427/400 Coupe 30 1956 Corvette 265/225 Convertible 31 1963 Corvette 327/300 Coupe 32 1964 Corvette 327/375 FI Convertible 33 1967 Corvette 427/435 Convertible 34 1967 Corvette 427/500 Custom Convertible 35 1966 Corvette 427/450 Coupe 36 1965 Corvette LS6 Custom Convertible 37 1967 Corvette 427/435 Coupe 38 1957 Corvette 283/283 FI Convertible 39 1967 Corvette 427/435 Convertible 40 1966 Corvette 427/450 Convertible 41 1962 Corvette 327/360 FI Convertible 42 1961 Corvette 327 Convertible 43 1966 Corvette 327/350 Convertible 44 1966 Corvette 427/425 Convertible 45 1957 Corvette LS2 Custom Convertible 46 1956 Corvette LS6 Custom Convertible 47 1965 Corvette 327/375 Convertible 48 1967 Corvette 427/390 Convertible 49 1963 Corvette Convertible 50 1967 Corvette 427/390 Convertible 51 1967 Corvette 327/350 Convertible 52 1963 Corvette 327/250 Coupe 53 1954 Corvette Roadster 54 1967 Corvette 427/435 Convertible 55 1962 Corvette 327/340 Convertible 56 1966 Corvette 427/390 Convertible 57 1967 Corvette 427/400 Convertible 58 1959 Corvette 283/290 FI Convertible 59 1962 Corvette 327/340 Convertible Sold Price Location $136,740 McCormick, Palm Springs, CA $132,500 Mecum, Kansas City, MO $132,500 Mecum, Kansas City, MO $132,000 Barrett-Jackson, Scottsdale, AZ $126,500 Barrett-Jackson, Scottsdale, AZ $123,200 Barrett-Jackson, Scottsdale, AZ $121,900 Mecum, Kissimmee, FL $121,000 Barrett-Jackson, Scottsdale, AZ $121,000 RM, Phoenix, AZ $117,700 Barrett-Jackson, Scottsdale, AZ $115,500 Barrett-Jackson, Scottsdale, AZ $115,500 RM, Phoenix, AZ $112,200 Barrett-Jackson, Scottsdale, AZ $111,300 Mecum, Kissimmee, FL $110,000 Barrett-Jackson, Scottsdale, AZ $110,000 Barrett-Jackson, Scottsdale, AZ $110,000 Barrett-Jackson, Scottsdale, AZ $110,000 Barrett-Jackson, Scottsdale, AZ $110,000 Barrett-Jackson, Scottsdale, AZ $106,000 Mecum, Kissimmee, FL $104,500 Barrett-Jackson, Scottsdale, AZ $104,410 Mecum, Kissimmee, FL $103,400 Gooding, Scottsdale, AZ $101,230 Mecum, Kissimmee, FL $101,200 Barrett-Jackson, Scottsdale, AZ $100,700 Mecum, Kissimmee, FL $99,000 Barrett-Jackson, Scottsdale, AZ $99,000 Barrett-Jackson, Scottsdale, AZ $99,000 Barrett-Jackson, Scottsdale, AZ $99,000 Barrett-Jackson, Scottsdale, AZ $99,000 Barrett-Jackson, Scottsdale, AZ $96,460 Mecum, Kissimmee, FL $95,700 Barrett-Jackson, Scottsdale, AZ $95,400 Mecum, Kissimmee, FL $94,600 Barrett-Jackson, Scottsdale, AZ $93,810 Mecum, Kissimmee, FL $93,500 Barrett-Jackson, Scottsdale, AZ $93,500 Barrett-Jackson, Scottsdale, AZ $93,280 Mecum, Kissimmee, FL $92,400 Barrett-Jackson, Scottsdale, AZ $90,200 Barrett-Jackson, Scottsdale, AZ $90,200 Barrett-Jackson, Scottsdale, AZ $90,100 Mecum, Kissimmee, FL $90,100 Mecum, Kissimmee, FL Date Lot # 11/22/09 209 12/5/09 12/5/09 1/24/10 1/24/10 1/24/10 1/31/10 1/24/10 1/21/10 1/24/10 1/24/10 1/21/10 1/24/10 1/31/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/31/10 1/24/10 1/31/10 1/23/10 1/31/10 1/24/10 1/31/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/31/10 1/24/10 1/31/10 1/24/10 1/31/10 1/24/10 1/24/10 1/31/10 1/24/10 1/24/10 1/24/10 1/31/10 1/31/10 S91.1 S95.1 1260.2 1041.1 1314 S134 1005 304 1339 1260.3 246 1338.1 S142 950.1 1003 1259.1 1298 1329 S175 1253.2 S274 142 S29 1326 S105 1561.1 973.1 1263.1 1343 1325 F123 1326.1 S112 730.1 F250.1 1338 1234 T196 1360 1296 1305 F147 S194 www.corvettemarket.com WINTER 2010 Corvette Market 73


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By the Numbers Rank Model 60 1961 Corvette 283/315 FI Convertible 61 1958 Corvette 327 Convertible 62 1967 Corvette 327/350 Convertible 63 1962 Corvette 350 Custom Convertible 64 1967 Corvette 427/390 Convertible 65 1969 Corvette 427/400 Convertible 66 1968 Corvette 427/435 Convertible 67 1967 Corvette 427/390 Convertible 68 2009 Corvette Coupe Z06 Special Edition 69 1960 Corvette 350 Custom Convertible 70 1966 Corvette 327/360 FI Convertible 71 1964 Corvette 565/1000 Coupe 72 1961 Corvette 283/245 Convertible 73 1999 Corvette Callaway C12 Speedster 74 1965 Corvette 396/425 Convertible 75 1965 Corvette 396/425 Convertible 76 1965 Corvette 327/375 FI Convertible 77 2009 Corvette Coupe Limited Edition 78 1966 Corvette 427/390 Convertible 79 2010 Corvette ZR1 Coupe 80 1995 Corvette ZR-1 Coupe 81 1965 Corvette 327/365 Coupe 82 1966 Corvette 327/350 Coupe 83 1958 Corvette 283 FI Convertible 84 1965 Corvette 327/250 Convertible 85 1962 Corvette 350 Custom Convertible 86 1966 Corvette LS1 Custom Coupe 87 1966 Corvette 427/390 Convertible 88 1960 Corvette 283 Convertible 89 1957 Corvette 283/245 Convertible 90 1966 Corvette 427/425 Coupe 91 1963 Corvette 327/300 Coupe 92 1962 Corvette 327/340 Convertible 93 1967 Corvette 427/400 Convertible 94 1966 Corvette 427/425 Convertible 95 1954 Corvette Roadster 96 1961 Corvette 283 Convertible 97 1966 Corvette 427/390 Convertible 98 2009 Corvette CSR Coupe 99 1966 Corvette 427/425 Convertible 100 2006 Corvette Z06 Daytona Pace Car #2 101 1965 Corvette 396/425 Convertible 102 1966 Corvette 427/425 Convertible 74 Corvette Market WINTER 2010 www.corvettemarket.com Sold Price Location $88,560 Leake, Dallas, TX $88,000 Barrett-Jackson, Scottsdale, AZ $88,000 Barrett-Jackson, Scottsdale, AZ $88,000 Barrett-Jackson, Scottsdale, AZ $88,000 Barrett-Jackson, Scottsdale, AZ $88,000 Barrett-Jackson, Scottsdale, AZ $88,000 Barrett-Jackson, Scottsdale, AZ $87,980 Mecum, Kissimmee, FL $86,900 Barrett-Jackson, Scottsdale, AZ $86,400 Leake, Dallas, TX $85,860 Mecum, Kissimmee, FL $85,860 Mecum, Kansas City, MO $85,800 Barrett-Jackson, Scottsdale, AZ $85,250 Gooding, Scottsdale, AZ $84,800 Mecum, Kissimmee, FL $84,700 Barrett-Jackson, Scottsdale, AZ $83,600 Barrett-Jackson, Scottsdale, AZ $83,600 Barrett-Jackson, Scottsdale, AZ $82,680 Mecum, Kissimmee, FL $82,500 Barrett-Jackson, Scottsdale, AZ $82,500 Barrett-Jackson, Scottsdale, AZ $82,150 Mecum, Kissimmee, FL $80,640 Barrett-Jackson, Scottsdale, AZ $80,560 Mecum, Kissimmee, FL $80,560 Mecum, Kissimmee, FL $80,300 Barrett-Jackson, Scottsdale, AZ $80,300 Barrett-Jackson, Scottsdale, AZ $78,100 Barrett-Jackson, Scottsdale, AZ $77,000 Barrett-Jackson, Scottsdale, AZ $77,000 Barrett-Jackson, Scottsdale, AZ $77,000 Barrett-Jackson, Scottsdale, AZ $75,900 Barrett-Jackson, Scottsdale, AZ $74,800 Barrett-Jackson, Scottsdale, AZ $74,800 Barrett-Jackson, Scottsdale, AZ $74,800 Barrett-Jackson, Scottsdale, AZ $74,800 Barrett-Jackson, Scottsdale, AZ $73,700 Barrett-Jackson, Scottsdale, AZ $73,700 Barrett-Jackson, Scottsdale, AZ $73,140 Mecum, Kansas City, MO $72,610 McCormick, Palm Springs, CA $72,600 Barrett-Jackson, Scottsdale, AZ $72,080 Mecum, Kissimmee, FL $72,080 Mecum, Kansas City, MO Date Lot # 11/22/09 481 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/31/10 1/24/10 1037 967.1 992 1000 939.1 1268.1 S71 1353.1 11/22/09 2458 1/31/10 12/5/09 1/24/10 1/23/10 1/31/10 1/24/10 1/24/10 1/24/10 1/31/10 1/24/10 1/24/10 1/31/10 1/24/10 1/31/10 1/31/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 12/5/09 S113 S146 961 146 S106 975 1015 429 S82 1320 1320.1 S101 1361 S192 S107 1570 1242.1 986 1228 942.2 966.2 726 989 1573.1 1040 956.2 721 731 S84.1 11/22/09 179 1/24/10 1/31/10 12/5/09 77 S156 S95


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1966 Corvette 327/360 FI Convertible—$85,860 at Mecum, Kissimmee, FL Rank Model 103 1962 Corvette 327/340 Convertible 104 1961 Corvette 283/270 Convertible 105 1960 Corvette 283/230 Convertible 106 1957 Corvette 283/245 Convertible 107 1967 Corvette 427/400 Convertible 108 1956 Corvette 265/210 Convertible 109 1966 Corvette 327/350 Convertible 110 1967 Corvette 327/300 Coupe 111 1969 Corvette 427/516 ZL1 Coupe Replica 112 2009 Corvette Coupe Special Edition 113 2009 Corvette Coupe Special Edition 114 2007 Corvette Lingenfelter Coupe 115 1962 Corvette 327/340 Convertible 116 1965 Corvette 350 Custom Coupe 117 1966 Corvette 427/390 Convertible 118 1959 Corvette 283 Convertible 119 1958 Corvette 283/245 Convertible 120 1965 Corvette 327/350 Convertible 121 1969 Corvette 427/400 Coupe 122 1998 Corvette Greenwood G5R Prototype Coupe 123 2009 Corvette Coupe Special Edition 124 1965 Corvette 327/350 Coupe 125 1963 Corvette 327/300 Convertible 126 1966 Corvette 327/350 Convertible 127 1959 Corvette 283 Convertible 128 1965 Corvette 327/300 Coupe 129 1965 Corvette 327/300 Convertible 130 1960 Corvette 350 Convertible 1999 Corvette Callaway C12 Speedster—$85,250 at Gooding, Scottsdale, AZ Sold Price Location $70,490 Mecum, Kissimmee, FL $69,960 Mecum, Kissimmee, FL $68,900 Mecum, Kissimmee, FL $67,840 Mecum, Kissimmee, FL $67,840 Mecum, Kissimmee, FL $66,780 Mecum, Kissimmee, FL $66,780 Mecum, Kissimmee, FL $66,000 Barrett-Jackson, Scottsdale, AZ $66,000 Barrett-Jackson, Scottsdale, AZ $66,000 Barrett-Jackson, Scottsdale, AZ $66,000 Barrett-Jackson, Scottsdale, AZ $66,000 Barrett-Jackson, Scottsdale, AZ $64,900 Barrett-Jackson, Scottsdale, AZ $63,800 Barrett-Jackson, Scottsdale, AZ $63,800 Barrett-Jackson, Scottsdale, AZ $63,600 Mecum, Kissimmee, FL $62,010 Mecum, Kissimmee, FL $62,010 Mecum, Kissimmee, FL $61,480 Mecum, Kissimmee, FL $61,480 Mecum, Kissimmee, FL $60,500 Barrett-Jackson, Scottsdale, AZ $59,360 Mecum, Kissimmee, FL $58,300 Barrett-Jackson, Scottsdale, AZ $58,300 Barrett-Jackson, Scottsdale, AZ $58,300 Mecum, Kissimmee, FL $58,300 Mecum, Kissimmee, FL $57,240 McCormick, Palm Springs, CA $57,240 McCormick, Palm Springs, CA Date 1/31/10 1/31/10 1/31/10 1/31/10 1/31/10 1/31/10 1/31/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/24/10 1/31/10 1/31/10 1/31/10 1/31/10 1/31/10 1/24/10 1/31/10 1/24/10 1/24/10 1/31/10 1/31/10 Lot # S179 F296 T136 S2 F170 S20 F231 439 993 1064 1065 435 932 725.1 735 F175 S196 S163 S180 U16 1353 S136 713 1576 F182 F230 11/22/09 64 11/22/09 163 www.corvettemarket.com WINTER 2010 Corvette Market 75


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Trick Stuff What you need for your Corvette and where to get it. By John Gunnell Lights, Sights, and Pet Sounds AM radio converters, wrenches with flashing lights, ports for any pod, and the best way to solve sagging springs in solid axles Suddenly, I can see the light… San Diego-based Bossco International is producing lighted tools for Corvette restorers. They in- clude the new and patented Hi:Beam lighted wrench set, which has LEDs built into the open crescent so you can see your way to reach bolts in dark, tight places. The new wrenches are made of chrome-plated, dropforged, hardened steel. Each LED has three settings: high-beam, low-beam, or blink. The blinking lights can be seen from a quarter-mile away, so wrenches can serve as emergency warning lights. A set of Hi:Beam wrenches sells for $99.99 and includes seven double-ended wrenches—standard measurement (3/8 to 3/4 inches) at one end and metric (10 to 20 mm) at the other. The wrenches come in a recharging stand and the LEDs can shine for five hours before needing a recharge. www.bosscointernational.com or call 866.933.2595. How to make your radio rock Now Corvette owners can enjoy modern sound quality from old radios, thanks to an invention called RediRad. This gadget works like a hands-free link for your cell phone and connects to your car's AM band. It's a real alternative to buying a new or converted radio. With RediRad you can enjoy music from a CD player, iPod, Sirius or XM satellite radio, cassette player, or simple portable FM radio without removing or modifying your car's factory-style AM or AM/FM radio. The RediRad can connect to the radio in virtually any pre-1985 Corvette. Brew City Engineering will let you try RediRad risk-free for two months and they provide a twelvemonth parts and labor warranty. The 12-volt models sell for $129, while 6-volt models are $20 more. www .brewcityengineering.com or call 877.BCE.0203. Put a spring in your step Original-style leaf springs for straight-axle Corvettes were “unobtanium.” Now, Eaton Detroit has brought them back. The new springs are made out of grooved spring steel with a lip. Manufacturer Mike Eaton says restorers are better off using new springs than trying to have old ones bent back into shape. Eaton introduced correct reproduction Corvette springs at the SEMA show in November 2009. They list for $479 per pair. www.eatonsprings.com or call 313.963.3839. i-caramba! The Apple Universal Dock is a “home base” for charging, syncing an more. Interchangeable inserts called Dock Adapters also allow it to wor with iPhones and iPods. The dock sells for $49 and comes with five adapters that fit the iPod Nano (4th and 5th generations); iPod Touch (2nd generation); iPod Classic (80 gb and 120 gb/160 gb); iPod with video (30 gb); and iPhone 3G and 3GS. www.store.apple.com/us or call 800. MY.APPLE. Be cool with hot laps Corvette Market took some hot laps with Bob Bondurant during the SEMA show last fall, and the experience kept us warm all winter. The Bondurant School of High Performance Driving offers courses for all skill levels. The school boasts six different courses that range in price from $1,375 for Introduction to Racing to $5,850 for advanced courses in road racing and formula car racing. The school also offers driving courses that teach how to handle a highperformance vehicle at its limits. Advanced teen-age driving courses are also available. www.bondurant.com or call 800.842.RACE. 76 Corvette Market WINTER 2010 www.corvettemarket.com Bright idea Though it may look like a “War of the Worlds” creature, Stanley Tool Work's new SquidBrite helps you see what you're doing when tinkering with your favorite Corvette. The rechargeable LED flexible tripod work light can be wrapped around objects so it shines exactly where you want it. With its pivoting light and flexible rubber grip stand, it can sit securely on uneven surfaces, and SquidBrite's magnetic backing holds it tight to metal surfaces. The “head” light can be removed from the base for use in tight spots. A total of 20 ultrabright LEDs provide maximum brightness. The rechargeable battery lasts up to six hours, and an AC charging adapter is included. $44.95. www .stanleytools.com or call 800.262.2161.


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In Miniature 1974 Corvette Coupe The year 1974 was the end of the line for the Corvette's 454-ci big-block V8, thanks to the EPA, the DOT, OPEC, insurance companies, lawyers, and every other group or person who had a hand in its demise. But one way to get something out of that dark time is to collect some wonderful models. Of course, 1974 was also the first year that both front and rear bumpers were clad in body-colored, energy-absorbing urethane, and it was the only year of the split rear bumper, which this model faithfully re-creates. The Danbury Mint employs some real enthusiasts, who also happen to be talented, and this really is the “golden age” for collectors of Corvette miniatures. Some wonderful models have been made, and along comes another great 1:24-scale piece in the form of the 1974 Corvette coupe. This is a new, serial numbered, limited-edition production run. It's stunning in Mille Miglia Red, with black interior simulating the optional leather upholstery. Again, DM has nailed the shape and stance. Finishing off the overall look are perfectly replicated Rally wheels shod with white letter Firestone steel-belted radials. This model is well equipped, with the custom interior package that includes the aforementioned leather seats and optional power windows. Both doors have woodgrain accents and carpeted lower panels. Both driver and passenger have rubber floor mats with molded Corvette script. In the past, DM used real leather on the seats of some of their Corvette models and the effect was pretty bad. I'm happy to report that no cows were sacrificed for this model, and the seats are beautiful miniatures, with great attention paid to simulating the look of leather, including various seams, piping, and creases. These complete a most accurately detailed interior. Lift up the hood—which stays in place via a smooth-functioning telescoping prop rod—and you'll enjoy an engine bay accurate enough to bring tears to the eyes of a restoration expert. You want chassis detail? It's all there, down to brake cables and power steering hoses. All the emblems and scripts are little gems and placed where each belongs. There's even a tiny exterior key button for the alarm, on the side of the left front body panel, just forward of the perfectly applied chrome Stingray script. As we've come to expect from DM, miniature labels are '74 Vette Details Production Dates: 2009–current Quantity: Numbered, limited edition of 5,000 CM Five-Star Rating: Overall Quality: Authenticity: Overall Value: Web: www.danburymint.com everywhere, from door jambs to hoses, and there is the usual long list of working features inside and out, which all work very well. Add to that a staggering amount of detail, and you get much more than your money's worth. It's almost a sensory overload—so sit down in a good chair before you start looking this one over. My only qualm is calling this a limited edition. I'm sure the models will sell out, as DM's Corvette limited editions always do, but 5,000 is not limited. However, if you own a '74 coupe or you collect Corvette models, one of these wonderfully made pieces is a must-have. Priced at $149. Available from the Danbury Mint, 800.243.4664. By Marshall Buck Speaking Volumes By Mark Wigginton Corvette Grand Sport By David Friedman & Lowell C. Paddock, Motorbooks, 160 pages, $119.97, Amazon.com The early 1960s sports car racing scene in America boiled down to two things: Cobras and Corvettes. It was a battle between Ford and Chevrolet, between horsepower and handling and more horsepower. And it led to the creation and ultimate perfection of the single-purpose Cobra killer—the Grand Sport Corvette. It was an odd time in racing, as the automobile manu- facturers were banned from competition in 1957, leaving the cars in the hands of privateers, supported by creative, rule-bending insiders within those car companies. At that time, the first Corvettes were dominating amateur racing. By the time of the introduction of the C2 Sting Ray coupes and convertibles, Shelby's Cobra was a real threat, and the always-subversive Zora Arkus-Duntov had plans to build the lightweight, tube-framed, racing Grand Sport. But those pesky corporados found out about Zora's plans to build 150 Grand Sports, and killed the program after only five cars were produced. It's a great yarn, and David Friedman and Lowell C. Paddock gathered stories and images from the time, complete with a foreword by Grand Sport campaigner Roger Penske, into a largely photographic history of the cars and the races. It wasn't an easy time for the Grand Sports. The teething problems were slowly worked out, but the evolution often included untidy add-on oil coolers, louvers and flares. Raced by some of the biggest names in period motorsport (Penske, Jim Hall, Augie Pabst, George Wintersteen, A.J. Foyt, Dick Guldstrand), the cars' lack of open corporate support kept them from greater success. Corvette Grand Sport covers this short period and five cars in detail, with an amazing number of photos. It is an essential part of any Corvette fan's library. Provenance: Friedman is an automotive writer with a deep catalog of books about the period, and he brings that knowledge and reporting skill to the text. But the text is a fraction of the book, and the large selection of photos puts the meat on the bones of the book, with enough detailed images, from garage to track, to keep your nose in the book for hours. Fit and Finish: The reproduction is nice throughout, with sharp, crisp black-and-white images getting plenty of attention. But overall design and typography are best summed up as utilitarian, which is a bit of a disappointment. Drivability: When history comes alive, it can be powerful. If you have an opportunity to get to a historic race this year somewhere in the U.S., you might be lucky enough to see one of the original Grand Sports. A few hours with Corvette Grand Sport before you go will give you a greater sense of the importance of the car and the era. It is a terrific look back at a car with great promise that never quite made it. 78 Corvette Market WINTER 2010 www.corvettemarket.com


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Resource Directory Auction Companies 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 annual Labor Day Auction is 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) 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) Corvette Parts & Restoration County Corvette 610.696.7888, Sales, service, parts and restoration. When it must be right. www.countycorvette.com. (PA) Mid America Motorworks 800.500.1500, America's leader in 1953-2008 Corvette parts and accessories. Request a free catalog at www.mamotorworks.com. (IL) 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 Put your company in the CM Resource Directory. Call 877.219.2605 x211, or email advert@vettemarket.com transport tracking. Complete service for vintage races, auctions, relocations. www.intercitylines .com. (MA) Insurance Hagerty Collector Car Insur- ance. 800.922.4050. Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost significantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty.com. (MI) Corvettes for Sale Corvette Central Parts and 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. (MI) County Corvette. 610.696.7888, The most modern and best equipped Corvette-only facility in the nation. www.countycorvette.com. (PA) The Chevy Store At The Chevy Store, you will find only the highest grade, investment quality Corvette and specialty Chevrolet automobiles. We take pride in providing our clients with the finest selection anywhere. Offering investment quality corvettes and Chevrolets for over 30 years! 503.256.5384 (p) 503.256.4767(f) www.thechevystore.com. (OR) Museums National Corvette Museum 800-53-VETTE, The National Corvette Museum in Bowling Green, KY was established as a 501(c)3 not-for-profit foundation with a mission of celebrating the invention of the Corvette and preserving its past, present and future. www.corvettemuseum.com. (KY) ■ Ad Index Barrett-Jackson ...........................17 Baymont Inn ...............................79 Bloomington Gold ...............19, 51 Bob Bondurant School of H.P.D. .........................55 Bowling Green Convention & Visitors Bureau ......................84 Branson Collector Car Auction ................................43 Bruce Shaw ................................65 Chubb Personal Insurance ...........9 Continental Western Group .......47 Corvette America .......................13 Corvette Central .........................15 Corvette Repair Inc. ...................41 Corvette Specialties ...................71 Corvettes at Concorso ................81 County Corvette ...........................2 Grundy Insurance .......................77 Heacock Classic ........................39 Jim Meyer Racing Products Inc. ...............................69 Long Island Corvette Supply Inc ..................................69 Mecum Auction............................3 Mickey's Car Barn .....................35 Mid America Motorworks .........65 Midwest Corvettes and Classics .............................6, 7 National Corvette Museum .......65 Nickey's ....................................6, 7 Pro Team Corvette .....................59 Reliable Carriers ........................37 Silver Collector Car Auctions .........................23, 83 St Bernard Church .....................49 The Chevy Store ........................31 Thomas C Sunday Inc ...............69 Van Steel .....................................71 Zip Products ...............................29 “The best Corvette magazine out there!” —Terry Michaelis, President, Pro Team Corvette Subscribe Today! Subscribe online at www.corvettemarket.com/special Call 877.219.2605 x 204 and ask for the “L88” special offer. 80 Corvette Market WINTER 2010 www.corvettemarket.com


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Presented by Keith Martin's Corvette Market Magazine Celebrate America's sports car as a part of Concorso Italiano during the Monterey Historic Weekend. One day only, Friday, August 13, 2010, Laguna Seca Golf Rance, Monterey, CA The only Corvette-only corral of the entire weekend. Fantastic setting. Great people. Amazing cars. Enter your car into the Corvette-only corral, with a Corvette-only hospitality tent. Space available for local and national clubs to display their materials. “People's Choice”, “Farthest Driven” and “Most Original” Awards Special commemorative t-shirt to all entrants. Enjoy all the activities at Concorso Italiano, including an F40 reunion, vendor booths, great food and more. Regular $125, save $25 when you register though Corvette Market. Go to www.corvettesatconcorso.com, click on “Register Here”, and enter promo code: corvette2010. For more information about Concorso Italiano, go to www.concorso.com.


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Vette-o-bilia Online trash and trinkets—some valuable, some not. By Carl Bomstead Decanting a 'Vette Collection How to collect models with liquid assets; '78 Pace Car scrapbook a find (if you have one), '59 Corvette bicycle might keep kids away from your car booze alone is worth at least $20. Franklin Mint and the Danbury Mint have created an endless number of quality diecast Corvette models that sell for a fraction of their issue price. The packaging is important, so make sure they are complete with books and papers. Some are a little more upscale, and we recently noted a crystal '57 that sold for $255. And how about this W '57 in pewter? EBAY# 120522807831— 1957 1:12-SCALE FRANKLIN MINT PEWTER CORVETTE. Number of Bids: Buy-It-Now. SOLD AT: $450. Date Sold: 1/25/2010. This was number 819 of 1,000 1957 Corvettes issued by the Franklin Mint in 1997. They were made of solid pewter, except for the leather seats and rubber tires, weighed about 30 pounds, and were almost two feet long. This example included all its papers, but the box was missing. One with the box recently sold at auction for $700, so make sure you keep all the packaging. saving them all in this scrapbook. At a touch over two-bits a page, it seems like a bargain if a '78 Corvette is parked in your garage. The seller also offered several other Corvette-filled scrapbooks, including one with 200 pages of stuff regarding just red '63s. Some people have too much time on their hands.... Number of Bids: Buy-It-Now. SOLD AT: $160. Date Sold: 1/25/2010. This 3′ x 9′ canvas banner was issued to B.F. Goodrich dealers in the early '90s to promote their T/A tires. It featured the L88 Corvette, and this one had never been displayed. The seller offered several similar banners, but this was the only one that featured a Corvette. Just the ticket to cover one end of your garage, especially if you have the real thing parked in there. EBAY #250567819125— 1997 $10 SILVER COIN FEATURING A 1975 CORVETTE. Number of Bids: 7. SOLD AT: $36.35. Date Sold: 1/28/2010. This coin was issued by the Mystic Lake Casino in Minnesota in 1997 and contained a Troy ounce of fine silver. It had a meltdown value of about $10.42, so you are not buying these to turn a profit. They were part of a collector series issued by the casino, and one featuring a '65 Corvette sold for only $15. Does this mean that a '75 Corvette is twice as desirable as a '65? I don't want to get in the middle of that one. EBAY #290395159008— 1959 SCHWINN 26″ CORVETTE 3-SPEED BICYCLE. Number of Bids: 25. SOLD AT: $280. Date Sold: 1/31/2010. This Schwinn Corvette bike was dated 1959 on its Sturmey-Archer hub and the paint was in worn but original condition. It looked like it would need to be restored if you wanted to display it, but would be just fine for your kid to ride—a great way to keep him away from your full-sized car. EBAY #190369783088— 1978 CORVETTE SCRAPBOOK. Number of Bids: 4. SOLD AT: $76. Date Sold: 2/7/2010. The seller had gone to the trouble of amassing 266 pages worth of information and photographs of 1978 Corvettes, EBAY #360229913574— EBAY #330398497667— 1969 C3 CORVETTE B.F. GOODRICH BANNER. 82 Corvette Market WINTER 2010 www.corvettemarket.com 1957 CORVETTE OWNERS MANUAL. Number of Bids: 16. SOLD AT: $177.49. Date Sold: 2/03/2010. This rather tattered 1957 Corvette Operations Manual was 8½ʺ x 5ʺ and included 88 pages of information regarding the operation of the Corvette. Reproductions are available from a number of sources for $10 or so, and an original in very nice condition was offered on eBay with a Buy-It-Now price of $1,000. This price seems like a bunch considering the condition, but they are hard to find. EBAY #150410257634— 1960 CORVETTE SHOWROOM POSTER. Number of Bids: 12. SOLD AT: $316. Date Sold: 2/07/2010. This 18ʺ x 32ʺ poster was from Reeder Chevrolet in Knoxville, Kentucky, and mounted on quarter-inch fiberboard. It was a rather plain Jane poster, but then again, it wasn't expensive for an authentic piece of Corvette memorabilia. ant to start an extensive Corvette collection for a modest amount of money? Clear some shelf space and settle down in front of your computer. At any one time eBay has plenty of Corvette decanters and 1:24-scale diecast models for sale. Want a '78 in red, yellow, or white? No problem. Same with '68 and '70. How about a Jim Beam bronze '55 or a full 1978 bottle in the box for $50? Heck, the