Classic Corvettes

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The 2014 Monterey Collector Car Auctions…

Monday, August 25th, 2014

produced a new record of almost $400 million in classic and collector car sales. This new record shattered the last seven years’ record of $312 million in 2013, $260 million in 2012, $197 million in 2011, $172 million in 2010, $116 million in 2009, $140 million in 2008, and $135 million in 2007.

Some examples of Cars sold during the 2014 Monterey auctions:
1) 1962 Ferrari 250 GTO Coupe… sold for $38,115,000.00
2) 1964 Ferrari 275 GTB/C Speciale… sold for $26,400,000.00
3) 1961 Ferrari 250 GT California Spyder… sold for $15,180,000.00
4) 1964 Ferrari 250 LM Coupe… sold for $11,550,000.00
5) 1967 Ferrari 275 GTB/4 Coupe… sold for $10,176,000.00
6) 1965 Ford GT40 Prototype… sold for $6,930,000.00

Yupp! The above figures are millions!!

Corvettes did not do well compared to the many multi-million dollar Ferraris but we did note that an ex-ProTeam 1968 Red/Red L88 produced $847,000.00 and a 1963 Z06 Tanker Coupe failed to sell at $1.1 million. Car collectors have realized that collector cars are the gold standard and are a tangible appreciating asset. Questions or comments, email [email protected]

Monterey-Collector-Car

Bloomington Gold Great Hall Induction…

Tuesday, July 1st, 2014

It was an honor to be among the ten to enter Bloomington Gold’s Great Hall in its final year. It was a humbling and exhilarating weekend. I enjoyed reconnecting with old friends and meeting new people. This hobby is full of some truly remarkable individuals who share the same passion for the Corvette.

Terry Michaelis Great Hall induction speech

Rick Tavel Talks Great Hall and tMichaelis…

Wednesday, March 19th, 2014

Automotive writer chats with Terry about ProTeam and his inclusion into the Bloomington Great Hall Class of 2014 in his Article Terry Michaelis Selected for Bloomington Gold Great Hall

Terry Michaelis inducted into Bloomington Gold Great Hall

Wednesday, March 5th, 2014

The Great Hall featuring the People, the Cars, and the Stories
Napoleon, Ohio — Terry Michaelis, President of ProTeam Corvette, has been inducted into the Bloomington Gold Great Hall class of 2014. An honor reserved for those people and cars that were pioneers and influenced the Corvette hobby and the Corvette phenomenon.

The Bloomington Great Hall was designed as a five-year celebration of the 50 most significant and influential people and organizations and the 50 most influential and historic Corvettes; those pioneers, game changers, educators, and inspirators that have forever influenced the hobby. A selection committee of dedicated enthusiasts spearheaded by David Burroughs has assured preservation for the next generation of the stories and the why these people and cars matter. The induction on the grounds of the University of Illinois on June 27th, 2014 will include insights from the inductees, past and present.

Terry Michaelis is co-owner of ProTeam Corvette and has bought and sold more than 10,000 Corvettes in his storied career. Michaelis began his Corvette love affair over 40 years ago on a local car lot. By the mid-1970’s, Michaelis was dubbed “King” of Corvette aftermarket parts. Michaelis and his brother, Fred, formed ProTeam Classic Corvette in 1987, where they assembled the largest most dynamic collection of classic Corvettes in the world. He has become such a world-renowned expert on Corvettes that his knowledge has been the focus of hundreds of radio interviews and newspaper articles, as well as a long list of industry publications. Terry continues to lobby for the collector Corvette community with the same passion and affection for over the top marketing that he first had when he bought and sold his first Corvette in 1971.

Terry is honored to be included in the Great Hall but wants to make clear this hobby is much bigger than fifty people, “As flattered as I am to accept entry into the Great Hall, I don’t enter alone. I take along the decades of indelible friendships and memories,” he added, “It is those folks who stand in the shadow of our hobby. We fifty represent them and the thousands of other unsung Corvette scholars, craftsmen, and weekend warriors that ensure this hobby’s survival.”

Terry enters the Great Hall alongside members of the 2014 inductees including (People and Organizations) Cypress Gardens, Bob Gold/Bob Cook Auctions, Al Grenning, Ronnie Kaplan, Irwin Kroiz, Karl Ludvigsen, National Corvette Museum, Vince Piggins, and Larry Shinoda. For more information, email Bill Locke at [email protected] The Corvettes making the grade are the 1955 Duntov Mule, 1963 Mark II Z06; the 1966 427 coupe, the 1967 327 coupe, the 1967 DX L88, the 1968 Owens-Corning Racer, the 1969 Rebel L88 Racer, the Pratt and Miller Le Mans Racer; the fourth-generation Corvette; and the C7 Corvette. To learn more about the Great Hall and Bloomington Gold, visit BloomingGold.com or email [email protected]

ProTeam’s world famous classic Corvette collection, Napoleon, OH. The inventory of 1953 to 2003 Corvettes is open to the public in climate controlled indoor showrooms. Many of these Corvettes have been beautifully restored to like-new condition and carry prestigious honors such as the Bloomington Gold Certification, NCRS Top Flight award, and the Triple Crown designation. ProTeam Corvette is recognized as the nation’s leader in classic Corvette sales, service & restoration selling an estimated 10,000+ Corvettes over the past four decades. Email: [email protected] or on the web: www.proteam-corvette.com

A Historic Birthday Party…

Friday, January 17th, 2014

This past weekend January 9-11, 2014 local long time resident ED WITTWER celebrated his birthday with good friend JIM GESSNER who is one day older. Both men are avid Corvette enthusiasts who invited 38 friends from across America and Canada to join them at Ed’s shop, CORVETTE SERVICE, in Carpinteria, California.

The mission was to ”share” knowledge of some of the rarest Corvette models ever built, namely a 1957 fuel injection model with the very rare AIR BOX and H.D. Brake and suspension option. 43 cars were built in 1957.

Also inspected were four very rare 1963 Corvette Split Window coupes with the rare Z0-6 Options. 63 models were built with the 36 gallon gas tank, fuel injection, HD Suspension and brakes.

Noted expert KEN KAYSER from Michigan gave a one hour review on GM Engineering history on the 1957 era. Ken was a Chevrolet POWERTRAIN engineer from 1968-2008.

Restoration Shop owner and 1963 expert TONY AVEDISIAN from Gaithersburg, Maryland gave the seminar on the rare 1963 Corvette Z0-6 cars.

Two days of history was recorded by LARRY NIMMER PICTURES . We hope this history will be saved for future generations.
Regards, Jim Gessner and Ed Wittwer
www.vettefinderjim.com
www.registryofcorvetteracecars.com

NOTE: It was my pleasure to be part of this as both a friend and avid enthusiast. It is a joy to be part of this hobby and connected to its great people!

 

Corvette “Orphan” Parts/Docs with VINs…

Wednesday, January 15th, 2014

are now available for the following Corvettes:

C2: Original Block: 3855962, VIN 5116722, F0420IF, (C-16-5)Original Block: 3782870, VIN 5109228, F1030HU, (K-28-4)Original Block: 3855962, VIN 5116094, T0413IF, (D-2-5)Original Block: 3855962, VIN 5122944, T0712IF, (F-29-65)Original Block: 3858174, VIN 6100876, F0901HE, (H-31-5)Original Block: 3858174, VIN 6111067, F0105HE, (L-9-5)Original Block: 3858180, VIN 7108541, F1002HP, (D-11-6)Original Block: 3869942, VIN 6113378, T0202IL, (A-18-6)… Original Block: 3869942, VIN 6121809, T0504IL, (B-17-6)… Original Block: 3869942, VIN 6122337, T0511IP, (B-4-6)… Original Block: 3869942, VIN 6105209, T1103IP, (F-22-5)… Original Block: 3869942, VIN 6114227, T0126IP, (I-2-5)… Original Block: 3869942, VIN 6108989, T1129IP, (K-30-5)… Original Block: 3892657, VIN 7109473, V0124HT, (A-23-7)… Original Block: 3892657, VIN 7119252, V0515HE, (E-10-7)… Original Block: 3892657, VIN 7101797, V0729HE, (F-30-6)… Original Block: 3892657, VIN 7107891, V0913HT, (I-2-6)

C3: Original Block: 3963512, VIN 19S709930, T1121LM, (K-9-8)Original Block: 3970010, VIN 19S723070, V0613HY, (F-10-9)

C2: Car Shipper/Invoice 67-00318… Car Shipper/Invoice 67-03476Car Shipper/Invoice 67-04218Car Shipper/Invoice 67-04635Car Shipper/Invoice 67-07077Car Shipper/Invoice 67-15193Car Shipper/Invoice 67-17175Car Shipper/Invoice 67-09375Car Shipper/Invoice 67-09432Car Shipper/Invoice 67-09433Car Shipper/Invoice 67-10300Car Shipper/Invoice 67-10459Car Shipper/Invoice 67-10539Car Shipper/Invoice 67-10905Tank Sticker 67-13484Car Shipper/Invoice 67-15034Car Shipper/Invoice 67-15038Car Shipper/Invoice 67-15209Car Shipper/Invoice 67-15699Car Shipper 67-15830Car Shipper/Invoice 67-15915Car Shipper/Invoice 67-15946Car Shipper/Invoice 67-15949Car Shipper/Invoice 67-17324Car Shipper/Invoice 67-17398Car Shipper/Invoice 67-17400Car Shipper/Invoice 67-17675Car Shipper/Invoice 67-17745Car Shipper/Invoice 67-17840Car Shipper/Invoice 67-17845Car Shipper/Invoice 67-17868Car Shipper/Invoice 67-18150Warranty Book/P.O.P. 67-19445Car Shipper/Invoice 67-19674

C3 68-72: Car Shipper/Invoice 68-00101Car Shipper/Invoice 68-00367Car Shipper/Invoice 68-02154Car Shipper/Invoice 68-02574Car Shipper/Invoice 68-03030Car Shipper/Invoice 68-03319Car Shipper/Invoice 68-03454Car Shipper/Invoice 68-03464Car Shipper/Invoice 68-03644Car Shipper/Invoice 68-04249Car Shipper/Invoice 68-04567Car Shipper/Invoice 68-04847Car Shipper/Invoice 68-05038Car Shipper/Invoice 68-09360Car Shipper/Invoice 68-10193Car Shipper/Invoice 68-10558Car Shipper/Invoice 68-10867Car Shipper/Invoice 68-10999Car Shipper/Invoice 68-12028Car Shipper/Invoice 68-14875Car Shipper/Invoice 68-15169Car Shipper/Invoice 68-15235Car Shipper/Invoice 68-17328Car Shipper/Invoice 68-18201Car Shipper/Invoice 68-18743Car Shipper/Invoice 68-20561Car Shipper/Invoice 68-22524Car Shipper/Invoice 68-22551Car Shipper/Invoice 68-22620Car Shipper/Invoice 68-22633Car Shipper/Invoice 68-24248Car Shipper/Invoice 68-25885Car Shipper/Invoice 68-26089Car Shipper/Invoice 68-26103Car Shipper/Invoice 68-26168Car Shipper/Invoice 68-26191Car Shipper/Invoice 68-26262Car Shipper/Invoice 68-26383Car Shipper/Invoice 68-27877Window Sticker 69-24442

Email: terry@pr[email protected] if you see your VIN number and would like to mate your car back up with the above item.

NCRS Horsepower War Seminar a Success…

Wednesday, December 4th, 2013

as Nearly 200 people spent an early November Saturday at ProTeam listening to panelists and presenters which included many GM insiders and retired engineers. Their anecdotes and industry knowledge featured candid discussions about the mid-60’s horsepower wars making for a one-of-a-kind experience for even the most casual Corvette enthusiast. The world famous ProTeam Corvette collection welcomed a few more additions for the day including a 1967 unrestored L88 Corvette convertible, the James Garner Team AIR L88 #44 Corvette, the 1969 Greenwood BFG L88 #49 Corvette, the first experimental engineering big block motor that made its way into Grand Sport #3 in time for Sebring, and a 1969 OEM ZL1 motor. The daylong event brought folks from as far away as Delaware, New Jersey, Nevada, Connecticut, Maryland, and Canada and brought together Millennials and Baby Boomers. It truly was an affair to remember. The NCRS Chapters of Michigan, Heart of Ohio, and Indiana delivered on their promise of an event like no other. They have set the bar high for the 2014 Seminar. Click here to read the whole story. Comments? Email [email protected]

 

L88 War Horse Display at ProTeam

Thoughts on Chasing Tall Tales & Barn Finds

Wednesday, October 16th, 2013

Back in the 1970’s, we did not know just how deeply the Corvette was woven into America’s car culture, as its allure had not yet hit its stride. It would be a decade or more before we understood how entrenched the passion for the Corvette was. At that time, we drove them purely for the joy of a hot ride and as an extension of our own personality.

Working on a hunch backed by intuition has been my calling card since those early days. Whether it was an entire collection or a 1958 retractable hardtop, I learned to follow my instinct. There were plenty of wild goose chases but every once in a while a tall-tale became truth hidden under a tarp in an out of the way garage. Long hours, hundreds of miles and years melted away when the jewel was unearthed.

When opportunity knocks, it is important to open the door.

What keeps us motivated to bird dog these barn find cars? It is the thrill of the chase never forgetting the importance of doing your homework. It is what we in the hobby continually wrestle with; frustration versus pay-off.

We understand the real value of “The Find” comes only after the forensics and research validate the hunch. Only then can the conversation about restoration versus preservation take place. Only then can we consider historical importance as opposed to watching these cars run the course in freshly restored brilliance.

… And finally, ask anyone who has chased a storied car and they’ll tell you that these “barn finds’” real worth lie in the people who found them first. These owners’ lives are forever interwoven in the cars’ history and like the cars themselves; they are priceless barn finds as well.

Terry Michaelis, [email protected]

A Barn Find Jewel | 1963 Corvette Split Window Coupe

ProTeam Corvettes Go 3 for 3 at Bloomington Benchmark Judging

Monday, July 8th, 2013

ProTeam Corvettes won not one, not two, but three Benchmark awards at the June 2013 Bloomington Gold event held in Champaign, Illinois. This feat is a rare jewel among Corvette hobbyists and unheard of when considering they were judged from one collection in the same weekend.

Bloomingtongold.com defines the BENCHMARK Certification® as the ultimate standard for unrestored vehicles. Fewer than 200 Corvettes over that period have earned the right to the award since 1991 and for good reason.

BENCHMARK could just as easily be called the IRON MAN for the gauntlet the car must pass though in the short 48-hour period. To gain entry into the field, the Corvette must first be deemed at least 51% original, complete a road course, demonstrate its originality and then be called BLOOMINGTON SURVIVOR before moving onto GOLD judging. There the car must be judged (95%) alongside the pampered restored cars and then earn GOLD. This combination wins the elusive BLOOMINGTON GOLD BENCHMARK. A phenomenal success for three very special original unrestored Corvettes.

ProTeam’s world famous collection three Corvettes up to the task were a Red/Black 1963 Fuelie Z06 Split Window Coupe; a Daytona Blue 1963 Export Right Hand Drive Fuelie Z06 Split Window Coupe that was an ex-GM Holden show car that served duty at the Melbourne and Sydney Motor Shows in Australia; and a White/Green 435hp 1967 Convertible from Allen Green Chevrolet of Seattle, Washington.

A combination of low miles and a “massage” back to life by the ProTeam shop and these cars had little trouble on the road and through the operations checks. Note that this is no afternoon in the sun with the hushed tones and static displays of other shows. The BENCHMARK judging creates its own energy. If not by the atmosphere but by the people who live these cars. “These shows need more energy and I gave them my two dollars and two cents worth.” Terry Michaelis, ProTeam president, made this comment before his signature burnout as he approached the awards ceremony to the cheers of the spectators. “Burn baby burn!”

These three BENCHMARK Corvettes as well three barns of L88s, LS6s, muscle, and Sunday drivers are on display in ProTeam’s world famous classic Corvette collection in Napoleon, Ohio. The inventory of 1953 to 2008 Corvettes is open to the public in climate controlled indoor showrooms. Many of these Corvettes have been beautifully restored to like-new condition and carry prestigious honors such as the Bloomington Gold Certification, NCRS Top Flight award, and the Triple Crown designation. ProTeam Corvette is recognized as the nation’s leader in classic Corvette sales, service & restoration selling an estimated 10,000+ Corvettes over the past four decades. Email: [email protected] or on the web: www.proteam-corvette.com

2013 marked Bloomington Gold Corvettes USA’s 40th anniversary.  Bloomington Gold is the longest running continuous national Corvette event and it has set the standards by which other Corvette events are measured. For more information about Bloomington Gold go to BloomingtonGold.com or email [email protected]

 

ProTeam Classic Corvette world famous collection

ProTeam Corvette goes 3 for 3 in Bloomington Benchmark judging

Over $300 Million Dollars…

Monday, February 11th, 2013

was raked in by seven collector car auction companies in January 2013; which is a huge increase over last January 2012 that hovered right at $240 million dollars. 2011 was a re-rebirth of growth in collector car/Corvette values and January 2013 saw many “leap frog” sale prices of extreme and moderately desirable collector Corvette. Highlights from the 7 January collector car auctions:
1957 Cascade Green 270hp, $121,900.00
1958 Charcoal Fuelie, $164,300.00
1962 Corvette Retro-Mod Custom, $408,800.00
1962 Corvette Retro-Mod Custom, $327,500.00
1962 Black Fuelie, $256,520.00
1963 Red Fuelie Split Window Coupe, $328,600.00
1963 Red 340hp Split Window Coupe, $291,500.00
1965 Black Fuelie Coupe (Stk. #1021E), $217,300.00
1966 Red 350hp Air Coupe, $137,800.00
1967 Blue 435hp Convertible, $265,000.00
1967 Maroon 435hp Convertible, $185,500.00
1967 435hp Coupe, $169,600.00
1967 Green 435hp Convertible, $164,300.00
1967 Green 350hp Air Convertible, (Stk. #1024E), $174,900.00
1968 White L88 Convertible, $1,100,000.00
1968 Blue L88 Convertible, $825,000.00
1968 Red L88 Convertible, $583,000.00
These are strong prices that show the popularity of Corvette collecting is again on the rise. Questions or comments? Email [email protected]

1965 Corvette FI Tanker

T.Michaelis spent much of January watching and participating in the classic Corvette market

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