Corvette collector

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It’s the People that make the hobby…

Wednesday, May 22nd, 2013

Fresh off the trailer and into the collection. 1967 Corvette 327 Coupe, factory air, powerglide, numbers match, 76,577 actual miles. This Corvette was in the care of one owner for the  past 31-years.

As neat as the car is, my experience buying is proof that the Corvette hobby is littered with some really great people.

1967 Corvette 327 Coupe

From the trailer to the world famous Corvette collection

 

15 Reasons To Preserve And Not Restore Your Original Car…

Wednesday, May 8th, 2013

Examples of original cars recently sold at auction:

1. 1963 Corvette 360 hp Coupe – sold at Mecum for $328,600.00

2. 1963 Corvette 340 hp Coupe – sold at Mecum for $291,500.00

3. 1965 Shelby 289 Cobra – sold at Gooding & Co. for $1,320,000.00

4. 1966 Shelby GT 350 Fastback – sold at Barrett-Jackson for $247,500.00

5. 1967 Shelby GT 500 Fastback – sold at Barrett-Jackson for $192,500.00

6. 1967 Corvette 435 hp Convertible – sold at Mecum for $265,000.00

7. 1967 Corvette 435 hp Convertible – NO SALE at Mecum for $185,500.00

8. 1968 Corvette 435 hp Convertible – sold at Mecum for $83,740.00

9. 1969 Corvette L88 Convertible – sold at Gooding & Co. for $825,000.00

10. 1969 Corvette L88 Coupe – sold at Mecum for $595,720.00

11. 1969 Boss 429 Fastback – sold at Mecum for $442,000.00

12. 1969 Boss 429 Fastback – NO SALE at Mecum for $296,800.00

13. 1970 Plymouth Hemi Cuda – sold at Mecum for $339,200.00

14. 1975 Oldsmobile 98 Coupe  - sold at Barrett-Jackson for $47,300.00

15. 1978 Cadillac Eldorado –sold at Mecum for $50,350.00

There are dozens of other examples that I could recite about original, unrestored, unmolested cars.

Original, unrestored, unmolested cars are the pinnacle of preservation and an icon of fresh air after looking at hundreds of boring restored classic cars that are wearing their new basecoat/clear coat finishes and heavily Armor-All’d interiors.

Restoring these original unmolested cars robs the car of its soul, destroys its fingerprints and character and some would say is an act of vandalism.

We are but temporary caretakers of these pieces of automotive history and as we and the market matures we are seeing the whole automotive preservation movement growing out of its infancy and its being recognized by more than just the seasoned collector.

Comments or questions email: terry@proteamcorvette.com

For more information on the preservation movement, click here and read David Burroughs article on Restore it? Or Not!

Ingenuity is the mother of invention…

Wednesday, March 20th, 2013

as seen at Amelia Island 2013. A small leak did not sideline the 1963 RHD Z06 Export Corvette. Every old Mechanic is going to love this one.

1963 Z06 RHD Corvette | A Perfect Cigar Holder

A leak and a good bottle of wine…

Corvette Engine Sealed-up tight

Corvette Engine Needs a plug

A bottle of wine and cork

Did we mention it was a fine bottle? The cork a perfect fit

a trip to O'Reilly's for some ties and glue

Dick Langs 1963 Z06 was perfect for the errand

1963 RHD Z06 was ready for the Amelia Road Tour

1963 RHD Z06 was ready for the Amelia Road Tour

1963 RHD Z06 was ready for the Amelia Road Tour

1963 RHD Z06 was ready for the Amelia Road Tour

tMichaelis School of Ingenuity

 

Amelia Island Road Tour 2013…

Monday, March 11th, 2013

featured 2 Corvettes from the ProTeam World Famous Collection:

1963 Corvette Split Window Coupe “Dick Lang’s Z06/Tanker Race Car, VIN #6553. 1 of the early “batched built” 1963 Z06 Corvettes that went to battle against Shelby’s Cobras.

1963 Corvette Split Window Coupe Export RH Drive Z06 Fuelie GM Show Car with 22,723 actual miles. Original. Unmolested. Big hit on the show field. Born on: 5/11/63. Delivered new for export to Australia. EXCELLENCE!

Great Weekend | Consummate Hosts | Old Friends | Great Atmosphere | Amelia Island Concours

Dick Lang's 1963 Corvette Z06/Tanker Race CarExport RH Drive Z06 Fuelie GM Show Car

1963 Corvette Split Window Coupe "Dick Lang's Z06/Tanker Race Car", VIN #6553. 1 of the early "batched built" 1963 Z06 Corvettes that went to battle against Shelby's Cobras. http://www.proteam-corvette.com/Corvette-1963-1066D/1066D.html

1963 Corvette Split Window Coupe Dick Lang's Z06/Tanker Race Car

1963 Corvette Split Window Coupe Export RH Drive Z06

1963 Corvette Split Window Coupe Dick Lang's Z06/Tanker Race Car

1963 Corvette Split Window Export RH Drive Z06 Fuelie

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 terry@proteamcorvette.com

1965 Corvette FI Tanker

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

Scottsdale Auction 2013…

Friday, January 18th, 2013

Just an image of two Survivors in Scottsdale. Both will be heading back to Ohio

Corvettes for sale | ProTeam classic Corvette collection

Barrett-Jackson Auction 2013 | tMichaelis picks up a 1969 Corvette off the block

CLassic Corvettes for sale

One more Corvette coming home to the collection

 

The Monterey Collector Car Auctions…

Monday, September 17th, 2012

produced a total of over $260 million in classic and collector car sales per Sportscar Market magazine. This is a new record that shattered last year’s $198 million record and the previous year’s $172 million record. Car collectors have already realized that collector cars are the gold standard and are a tangible appreciating asset. Questions or comments, email terry@proteamcorvette.com

ProTeam To Give Up Title…

Monday, June 25th, 2012

as world’s largest classic Corvette collection as we find it nearly impossible to sustain such a large collection of classic Corvettes of which quantitatively speaking has been as high as 245 Corvettes. ProTeam is currently negotiating with several well-known auction companies to come-up with a strategy to “cash-out” of over 100 premier classic Corvettes.

Visit ProTeam soon if you have never seen our massive collection that bulges out of our mere 60,000 sq. ft. showrooms, as it will not be as impressive as we turn the page into the future. We need your suggestion on who, where, and why the title “world’s largest” should go. Who has over 100 classic Corvettes from the years 1953 to 1982? Are they open to the public? Are the Corvettes owned or consignment? What good things has the collection or its owner done to influence the direction of the Corvette phenomenon and our hobby? Where is the “world’s largest” title going? Iowa? Florida? North Carolina? California? Wisconsin?… or will it stay in Ohio?

Email terry@proteamcorvette.com with your questions, suggestions, and comments.

What is an L88? What makes an L88 Different?…

Friday, June 8th, 2012

What is an L88 Corvette?ProTeam Corvette L88ProTeam Corvette L88

Why were they built?
Zora Duntov wanted a factory production Corvette capable of winning major racing events. Duntov and Richard Keinath further developed the Mark IV 427 engine and introduced the L88 in 1967.
What did it compare to?
Other than Ford’s Cobra and Shelby variations, there were really no other factory produced cars of this caliber.
Who bought them?
People who wanted to go fast and win!
• Road racers (LeMans, France, Daytona, Sebring, Elkhart Lake, etc.)
• Drag Racers
Why was the 1969 the last year?
• Emission standards
Why is it so collectible, today?
• Rare and limited production
- 20 in 1967
- 80 in 1968
- 116 in 1969
• Horsepower highpoint
• Unique options
• Racing history on famous tracks
• Mystique and lore
What make an L88 Different ?
Engine:
• 560+ horsepower
• 12.5:1 Compression
• Special open plenum intake manifold
• 850 CFM Holley carb
• Aluminum cylinder heads
• Road draft tube to vent crankcase vapors
• Large aluminum radiator (instead of copper to save weight)
• No fan shroud
• Racing fuel (103 octane)
• Transistor Ignition
• Heavy duty reddish/brown ignition wires
• Unique distributor with “brown” cap
• Mechanical vs. vacuum advance
• Heater block off plates on passenger firewall
Chassis:
• Heavy duty transmission
• Heavy duty brakes
• Heavy duty suspension
• Proportioning valve below master cylinder
Interior:
• No radio
• No heater
• Plugs in dash where heater/vent pulls would normally be
• Fuel warning sticker in console (103 octane)
Body:
• Special holes & filter built into the raised hood to draw intake air from base of windshield
• No radio antenna
How much extra did it cost ?
The L88 option – 427 cubic inch/430 horsepower: $947.90
Delete the Heater and Defroster – C48 (Credit): (-) $97.85
Delete the Radio
Power Brakes: $42.15
Special Heavy Duty Brakes option – J56: $342.30
Transistorized Ignition – K66: $73.75
Special Heavy Duty Suspension package – F41: $36.90
Heavy Duty 4 Speed Transmission – M22: $237.00
Posi-Traction axle option – G81: $42.15

Total cost to order the L88 option: $1,623.40
Coupe (Base Price with L88 Option): $6,012.15
Convertible (Base Price with L88 Option): $5,864.15

Stand Back… Take Cover!… comments/questions/additions/subtractions? email: terry@proteamcorvette.com

Z06 Corvette Delivered to ProTeam via Australia

Monday, April 9th, 2012

1963 Corvette Split Window Coupe Z06 Export returns home from Australia

Napoleon, Ohio – - ProTeam Classic Corvette brought home a piece of GM hardware that is both historically important and desirable in any collection and on any continent. The 1963 Split Window Coupe Right Hand Drive Z06 Fuelie was delivered new to GM’s Sydney, Australia division where it sold privately in 1964. The expatriate enters as a jewel in ProTeam’s world class Corvette collection where its incredible journey may only be beginning.

The 1963 Corvette Split Window Coupe Export Right Hand Drive Z06 Fuelie is one of 199 with the Z06 special performance equipment and this one is radio delete. The Daytona Blue paint with Dark Blue interior are both original and in excellent condition. This Corvette drove off the factory line on May 11th, 1963 and delivered new for export to Australia (dealer code 2 in zone 21) per the official NCRS/GM Shipping Data Records.

ProTeam purchased the 1963 Split Window from the second owner. It is a GM Show Car with 22,723 actual miles. A very original unmolested car that would be a big hit on the show field, especially as a Bloomington Gold Survivor candidate. It was displayed in the 1963 Sydney and Melbourne Motor Shows while owned by GM and then purchased from GM in Sydney in 1964 through R.C. Phillips Sports Car World.

“The 50th Anniversary of Corvette’s Greatest Achievement is coming soon as September 17th, 2012 marks 50 years to the day when the Chevrolet Corvette was transformed into the iconic 1963 Corvette Split Window Coupe.” Terry Michaelis, ProTeam Corvette president, commented on acquisition of this special Corvette, “The 1963 Split Window Coupe represents a hallmark of the famed Stingray and its design is endless without peers. Few car collections, personal or commercial, are without one such example.”

ProTeam is seeking information regarding this car’s build and purpose by Chevrolet/GM. They are specifically seeking the April 1980 Melbourne Sunday Press article concerning the Corvette convention and this Z06 Corvette. Contact Terry Michaelis directly at terry@proteamcorvette.com if you have any information on this iconic Corvette.

ProTeam Classic Corvette Collection and Sales based in Napoleon, Ohio, showcases the largest inventory of classic Corvettes in the world. More than $20 million worth of Corvettes are displayed in 60,000 square feet of showrooms and restoration facilities in Napoleon with nearly 150 classic Corvettes on display at any time.  For additional information, contact ProTeam at P.O. Box 606, Napoleon, Ohio 43545, call 1.888.592.5086 or visit www.proteamcorvette.com.