Corvettes at Mecum

Elite Sales at Auction

Larry Jewett - February 01, 2014 12:00 PM


Top Selling Corvette at $530,000


This 1967 Corvette is a policeman's former car


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It came as no surprise that Corvettes performed well in the 2014 Mecum Kissimmee auction late last month. A look at the top 10 overall results brought home five Corvettes bringing more than $240,000 from enthusiastic buyers.

1) 1968 Chevrolet Corvette L88 Coupe, Well Documented, NCRS Duntov Award (Lot S179) – Sold for $530,000

The L88 was solely intended for racing, and was so potent that Chevrolet actually actively discouraged its sale to the general public, even to the extent of understating its actual horsepower rating (close to 560). The original owner of this 1968 L88 coupe raced the car around the Midwest, including his home track, Minnesota Dragway, where he achieved the car’s best time of 11.78 at 120 mph. Certified authentic by NCRS Master Judge Chuck Berge, it is exceptionally well documented with the original window sticker on the driver’s side window, a shipper’s copy of the build sheet, the original Protect-O-Plate, all awards and many original pictures and drag strip time slips from its first year in competition.

2) 1969 Chevrolet Corvette L88 Convertible, 427/430 HP, Two Tops, Tank Sticker (Lot S165.1) – Sold for $510,000

At a hefty additional price tag of $1,032.15, the L88 engine package weighed in at almost a quarter of the base Corvette price in 1969. This L88 convertible is one of very few equipped with a factory heater. Following the purchase by its present owner in 1986 it underwent a painstaking restoration that was completed in 1988. It subsequently was included in the 1988 and 2008 Bloomington Gold Special Collection, the Earthquake 88 and L88 Invasion events.

3) 1963 Chevrolet Corvette Z06 Tanker, Bloomington Gold Hall of Fame Inductee (Lot S150.1) – Sold for $475,000

This 1963 Chevrolet Corvette Z06 is considered by many Corvette authorities to be possibly the finest example of one of the rarest production Corvettes ever built. The owner campaigned the car extensively throughout the Midwest in SCCA competition and it passed through several owners until it was rediscovered in Salt Lake City in 1976. A total frame-off restoration was undertaken following purchase by its present owner in 1979 and completed in 1984 to the highest possible quality. Documented with the original owner's manual, warranty booklet, owner’s packet with contents and previous owner search, the car also comes with all award certificates.

4) 1964 Chevrolet Corvette Big Tank Coupe, 1 of 2 Known to Exist with this Equipment (Lot S181.1) – Sold for $350,000

To date, only two similarly equipped 1964 Corvettes have been documented. Further adding to its exclusivity is the odometer reading of just 19,584 original miles. A fascinating part of the car’s history is the fact that it was stored by a previous owner for 17 years in a custom built and fitted plywood container for preservation. Following its discovery it received a painstaking restoration to return it to its pristine original beauty, the final product testament to its quality.

5) 1967 Chevrolet Corvette Coupe, 427/435 HP, Triple Crown Award (Lot S156) – Sold for $240,000 

Restored by a previous owner to spectacular factory original condition, this car has won Bloomington Gold Certification, the NCRS Duntov Mark of Excellence Award (with a remarkable score of 98.9 of 100 points) and the Chevy Vettefest Triple Crown Award. Earning such highly coveted accolades is a truly extraordinary accomplishment; they are awarded only to Corvettes that meet the most stringent judging standards of any automotive sanctioning bodies anywhere in the world, a fact that puts this big block coupe at the forefront of collector Corvettes. This highly decorated midyear coupe comes with its tank sticker verified through NCRS Historic Document Services, owner’s manual, radio brochure and extra key envelope with key.

6) 1967 Chevrolet Corvette Convertible, 427/435 HP, Four-Speed (Lot S146) – Sold for $202,500

This very well preserved 1967 Chevrolet Corvette convertible has spent almost all of the last 47 years in the exceptional care of just two owners, having passed that entire time just a few miles from Riker Chevrolet in Burlington, New Jersey. The first owner was a local policeman, who ordered the car originally and kept it in his garage. He sold it to its second owner in October of 1971. Fifteen years later in 1986, the car earned NCRS Top Flight Award honors, subsequently remaining with the second owner until its recent purchase by a private collector. Showing a believed correct 40,503 miles, this quality Mid-year Sting Ray is well documented.

7) 1967 Chevrolet Corvette Convertible, Formerly Owned by Astronaut Gus Grissom (Lot S176) – Sold for $160,000

Lt. Colonel Virgil “Gus” Grissom became the second American to travel to outer space, and in March 1965 became the first NASA astronaut to repeat that monumental feat. Grissom took delivery of this L71 427/435 HP Tri-Power convertible from Jim Rathmann Chevrolet in Melbourne, Florida. While no longer in its original color scheme, the Grissom Corvette has received a frame-off restoration and retains its original mechanical configuration. It has participated in several parades at Cape Kennedy where it hosted former astronauts along with the President of the United States.

8) 1969 Chevrolet Corvette Convertible, 427/435 HP, Sold New by Yenko Chevrolet (Lot K121.1) – Sold for $145,000

 Cars shown and sold at Yenko Chevrolet were expected to be performers. This 1969 convertible was one of the fortunate few to pass through the dealership and includes plenty of documentation to back it up. The original bill of sale and Protect-O-Plate are among the documents offered. It has the rare L71 V-8 and a four-speed manual transmission with a 3.70 Positraction. Two tops are included. This car is a “must have” for serious Corvette collectors.

9) 1997 Chevrolet Corvette Callaway C12 , Formerly Owned by Ely Callaway Jr (Lot F258) – Sold for $140,000

Reeves Callaway’s late father Ely earned fame as the inventor of the “Big Bertha” golf club, so it seemed natural that he would be the first person on Earth to own the new-for-1997 Corvette Callaway C12 coupe. Based on the C5 Corvette, the C12 incorporates German engineering which led to race car stability and handling response. The car’s voluptuous carbon fiber and Kevlar body is a sight to behold. Refinished by Reeves Callaway in Enzai Blue Metallic paint with a sumptuous Hermes Orange leather interior, this historically significant Callaway is also one of only two to include color-matching custom luggage.

10) 1996 Chevrolet Corvette Grand Sport Convertible, 6-Speed, Red Interior, 11 Miles (Lot S117) – Sold for $140,000

For the 1996 model year, Chevrolet decided that a very special Corvette was needed to commemorate the end of the highly successful C4 generation and they called it “Grand Sport”. What really made the car so special was the one year only "Grand Sport" LT4 engine with its distinctive red intake manifold, conservatively rated at 330 hp and available only with the six-speed manual transmission. The Grand Sport has been touted as one of the Top Ten Most Valuable Corvettes.