Corvette Market

...now browsing by tag

 
 

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: [email protected]

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

From ProTeam to primetime…

Wednesday, January 23rd, 2013

These bad boys go on the block in Kissimmee in two days (1/26/13).
- 1971 ZR2 Orange Corvette Convertible, Stk. #NSN-WOW
- 1968 L88 Red/Red Corvette Convertible, Stk #1129C

Classic Corvettes for Sale

'71 ZR2 Orange Corvette Cvt. | '68 L88 Red Corvette Cvt.

Untold Story of the Earliest Corvette Sting Ray

Friday, January 4th, 2013

Were it not for a twist of fate and a controversy within GM, this unique Corvette, if returned to the US, would have most likely met its end in the crusher!

The Expatriate resides in a private collection in London

However, since leaving GM Styling in late September 1962 for London’s Earls Court show stage, it has never returned home. A barn find back in 1982, it has remained in a private collection in London for thirty years.

The coupe arrived at GM Styling ahead of the main pilot line as a body and unnumbered frame assembly only. Identified by Styling data tag as S.O #10271 as early as May 62 on drawings found, marked 63 Corvette Custom (it is believed to be earlier). The complete floor pan, inner wing panels, lower front panel, doorsills and spare wheel tub are all hand formed GRP. Drawings list the Coupe at Interior Engineering in June referenced to Electric seats. Power seats had been tested in the XP720 coupe listed together with #10271. Bodywork finished in primer with numerous test siting/ locating holes for front, side and rear emblems. Experimentally trimmed in Silver leather with silver steering wheel and used for photography in the studio. All interior panels, remain the originals and are all marked with the S.O in black marker. Numerous trims and mouldings are hand formed in brass and chrome plated. Rear window mouldings are unique one piece construction in brass and chrome plated, retained by dozens of tiny brass screws. These one piece mouldings have been identified on GM archive footage and were also used on the prototype 4 passenger coupe. Numerous other interior differences as compared to known pilot line and production models.

It is believed that there was no power plant or transmission installed at this time – a push/pull mule!

The power plant is an incredibly rare,( one of only a few known) hand assembled Flint” Dyne Lab” engine, 59 283 290hp CS with unique 3758584 heads. Dyne lab inspection letters hand stamped to engine. As yet unidentified GM intake manifold. Engine painted red, detailed in red with various hand- made, chromed, GM engineering pieces. Engine bay shows experimentation with fuel injection. The larger radiator frame also suggests F.I but there is no frame cut out for the airway to plenum. The radiator has a small brass tag with SO T1 stamped into it and is copper and not aluminium. Transmission is a showpiece 4 speed M10 finished in ” Mitchell Blue”, unstamped. Bell housing is very first casting early type 3788421 but with no cast date or revision markers! A generator provides the current and not an alternator, as one would expect for 63. For reliability, an alternator is currently fitted along with a 63 fan to assist cooling. A full biopsy on the engine has never been carried out but it does appear incredibly lively!

From GM Styling files, on June 28 62 the Coupe was sent for paint. A brilliant high metal flake Airframe silver (not Sebring as imagined). It was also re-trimmed in full, in black hand stitched leather, including doors, dashboard and headlining. Panels of the original Silver leather are still present today beneath the revised black covering.

Trim Tag reads: Trim: BLK COLOR: PRIME

From July 62 the coupe was relisted on drawings as S.0 #10271 LONDON SHOW COUPE following a request for a show car by GM Canada.

Various additional trim pieces were fitted including chromed door locks, unique chromed plates to inner and outer door shuts. Unique front side emblems. All fittings have S.O number engraved on them, some initialled and dated. Instruments are stamped “ Show Job” initialled and dated 16 July 62.

27th August 1962 Stamped as build date to trim tag. Body 13 and pilot line Vin Tag #23 added.

Sometime in the latter part of September the show transmission was installed, however, the 59 power plant remained and the Coupe left Warren for England in time for the London Motor Show, 2nd week October.

It was delivered in secrecy, under covers to Earls Court Stand 138 sponsored and administered by GM Canada. It was to be shown alongside A Corvair Monza Coupe and a 4 door Impala saloon.

With 2 days to “ Press Day”, some GM execs from GM Canada’s European offices in London, visited Earls Court to see their latest offering up close. They were presented with a stunning Silver Corvette Sting Ray Coupe.

Blind panic ensued when, upon opening the hood, it was discovered that the new car did not have a 360 hp fuel injected power plant, as ordered and publicised! A frantic effort to find a replacement began and a second Silver Coupe (most likely the Turin Show car en route) arrived at the end of press day!

S.O #10271 languished under covers in a basement garage in central London for several months, until it was eventually registered for the road in January 1963. It is believed, but not confirmed that it was registered to GM in London as a company vehicle. It has been herein the UK since.

With only 72,000 original miles it is still used but understandably only occasionally. It has only been shown once at Good wood in 2003, at the “Cartier Style Et Luxe” concours. As part of Corvette’s 50th alongside GM’s Mako Shark and others, it was awarded best in class.

2006. It took park in the Drivers Parade with GM racing at the 24hrs of Le Mans and completed a full parade lap of the Le Mans circuit.

S.O # 10271 is quite unique. The only “63 Styling” buck. It is the earliest, fully documented “ Sting Ray”. It is also the earliest C2 S.O. car and the only 63 Show coupe in existence.

With thanks to: Jerry Palmer, Chuck Jordan, Franz Estereicher and Ken Kaiser ex GM. To Jim Gessner and Noland Adams

For more photos of this unique split window Corvette, click here

Corvettes are Now Wanted…

Monday, December 17th, 2012

by ProTeam during the month of January 2013…

A) 1958-’60 Corvette in any condition

B) 1963 Split Window Coupes, prefer very nice 340/360 hp or factory air

C) 1967 Marina Blue 435 hp convertible with white interior in show condition

D) Barn Cars and Projects

E) Whole Collections

F) Always searching for: Z06’s, L88’s, L89’s, LS6’s, ZR2’s, ZR1’s, LT1’s, COPO’s, fuelies, special 425’s/435’s/RPO’s also Chevrolet Engineering and Styling cars and purpose-built Corvettes for racing (RPO-684/687’s). Save big money by avoiding auction fees, shipping, travel, and lodging expenses. The real deal for over 40 years! Very selective! The rarest of the rare and exclusively exclusive!!

Fill out our form at CorvettesWanted.com or email: [email protected]

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 [email protected]

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 [email protected] 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.

Seventeen Corvettes…

Wednesday, February 22nd, 2012

have just arrived at ProTeam and have traveled through the inspection and check-in process.
1982 Collector Edition Hatchback Coupe, 14,000 actual miles. NCRS Top Flight. Stk #1020D
1980 Coupe, two-owner, 4,000 actual miles. Bloomington Benchmark, NCRS McClellan/Bowtie and Triple Diamond awards (Frost Beige). Stk #1017D
1977 Coupe, two-owner, 4,155 actual miles, 2011 Bloomington Gold (Corvette Tan). Stk #1016D
1969 Coupe L88, Nabers Restoration. Factory side exhaust, documentation, Bloomington Gold/NCRS. (Lemans Blue). Stk #1012D
1968 Two Top Convertible, 390 hp, 4 speed, numbers, 3.70 posi. Fully documented (factory) and (one-owner) super rare (Corvette Bronze). Stk #1003D
1967 Coupe, 435 hp, FSE, headrests, shoulders, speed warning, PS, PB, 4.11. NCRS Top Flight awards. Body-off (Ermine White). Stk #1006D
1967 Coupe, 435 hp, numbers, 3-owner, FSE, PS, PW, M-21, F41, leather, tele, shoulders, tank sticker (Maroon/Tan). Stk #1019D
1967 Convertible, two-top, 435 hp, 51,621 actual miles. Body-off and Bloomington Gold. FSE, PS, PB, tele, headrest, 3.70 posi, M-21, F41, black vinyl hardtop, tank sticker (Maroon/Saddle). Stk #1011D
1966 Coupe, 350 hp, numbers, FSE, 5 Kelsey KO’s, warranty book/P.O.P. (Tuxedo Black… real). Stk #1008D
1966 Convertible, 300 hp, factory air, leather, PS, PB, teak (Red/Red… real). Stk #1014D
1963 Convertible, 360 hp, fuelie, NCRS Top Flight, owner history, sixteen 1st place trophies (Red/Red). Stk #1018D
1960 RPO-687 Fuelie, 1 of 2 with prototype 315 hp. NCRS Duntov award (Roman Red). Stk #1010D
1960 Two Top Convertible Resto-Mod with 383 NASCAR 500+ hp, Jerico 4 speed, Halibrand wheels (White/Red). Stk #1007D
1959 Roman Red Driver quality car with 350 automatic, hardtop, hubcaps. Stk #1013D
1958 Hardtop RPO-684, fuelie, HD brakes, suspension, wide wheels. Professional fully documented 6-year $242,000.00 restoration by one of the U.S.’s best restorers. Multiple BG/NCRS show awards (Silver Blue). Stk #1005D
1958 270 hp, 4 speed, numbers. Complete body-on restoration and ready for judging. Stunning Onyx Black with Red. Stk #1004D
1958 250 hp Fuelie, 4 speed with 2-tops. NCRS Top Flight and over a dozen 1st place trophies/awards (Signet Red). Stk #1015D
1955 Harvest Gold 265 ci, powerglide. From the Chip Miller Collection. NCRS Top Flight, AACA Hershey 1st and Bloomington Gold Special Collection. Full documentation. Stk #1009D
Capture your imagination? Questions? Comments? Email: [email protected]

Monterery Car Week…

Monday, August 15th, 2011

getting ready to head out to Monterey Car Week. Auctions, Concours, Rallys, Shows, and Great People, and so much more happen throughout the week of August 15th through the 21st. If you’ve not made the trip yet, it’s worth considering. There is something for every car devotee… only Monterey itself outshines the outstanding festivities. Check it out for yourself at Monterery Car Week

Homogenization…

Monday, August 1st, 2011

the act of blending components together thoroughly has given the Corvette hobby some of the nicest fake wanna-bees that I have ever inspected and a loss of confidence in security of value. Legitimate cars with legitimate components and legitimate option combinations are very hard to find and quite desirable. Legitimate cars are the benchmark for value and investment. Do your due diligence prior to buying your next rare Corvette or you may be joining the Gala Homogenization Party…by default!!! It’s big…it’s bad…it’s ugly!!! Comments, email [email protected]

This fostered an interesting email thread:
Terry- I’m one of those people in the background of the hobby (Been to your store many times since 1994, talked to you at the shows, been to seminars you’ve held with Al on restamps, etc).   You have always been a benchmark and a leader in the hobby and have admired you from a far.

Thanks so much for once again taking the lead on discussing the big elephant in the room!  I personally am a NCRS judge (Miami valley Chapter; thanks for your support over the years) and am amazed on the fraud out there.  Business & people have been sniffed out and dealt with and Pro-Team is still standing to prove your integrity.

Thanks for your life long dedication to the hobby that started w/ building a Corvette Graveyard that turned into a collector car dealership.  Thank you for staying focused in the Corvette Hobby while others have shifted to Muscle Cars and exotics.

Keep up the good work and I will continue to refer people you as a trusted/knowledgeable company for their next classic Corvette acquisition.  Hopefully one day we can relax together w/ a drink and a cigar. – M.T.Mills, July 28th, 2011

_______________________
Terry – I’m sure I am not telling you anything you don’t already know or haven’t heard already.

Validity is of great concern to me and I’m sure anyone buying a car like this.  I don’t mind paying for something that is worth the money, but you obviously have to sure you are getting what is advertised. The horror stories definitely scare me. People looking to make something what it really isn’t.

If that car was a fake it is a real shame.  Our hobby is being ruined by the few to the detriment of the many. It hurts you as a business owner and me as the buyer because it makes all of us suspicious.  You are only as trustworthy as your reputation I guess. Thanks for the info. – J.Cruz, July 28th, 2011

_________________
Did you get struck by lightning, sometimes you come up with some interesting stuff. Homogenization has taken over making the hobby less interesting and more cautious. Hope some others read your transcripts, You old Soothsayer you. Still looking for a Gasser car. Thanks – T.O’Brien, July 28th, 2011

Here’s your chance to add to the discussion! I’m listening with both barrels. [email protected]

Support a Great Cause… get a Corvette

Monday, June 27th, 2011

WIN THIS 1965 CORVETTE CONVERTIBLE 396-425 hp, 4 speed, numbers match with rally red paint with black interior and black soft top. Body-on restored with newer paint, interior, top, chrome, brakes, wheels, and tires. Optioned with factory side exhaust, power antenna, transistorized ignition, 3.70 posi, SS brakes, AM/FM radio, K.O. aluminum wheels, and Coker classic gold stripe radials. Most all factory correct type components plus owner’s manual and sales brochure. Another world class car purchased from ProTeam Corvette.

1st PRIZE: 1965 Corvette Convertible · 2nd PRIZE: $500 cash · 3rd PRIZE: $250 cash · Drawing to be held July 10, 2011 (5pm CDT) in Rockport, IN · Winner need not be present to win! · $30.00 each or 4 for $100.00 (U.S. funds ONLY) · debit cards, checks, & money orders Accepted · Only 10,000 numbered tickets available

Make checks payable to and mail: ST. BERNARD CHURCH · 547 ELM ST., Dept. PT · Rockport, IN 47635 · 812-362-7313 Church Office · email: [email protected] · Complete contest rules available: www.stbernardrockport.org · Winner responsible for all taxes and transportation • Indiana festival license # 122902 • Enter this raffle here

 

St. Bernard 23rd Annual Raffle


[google1]