NASCARCorvette No. 211

Mecum Bloomington Gold Auction 2007: auction highlights

295 Corvettes were offered with 145 selling with a sold percentage of 49%. Total auction sales were $8,255,306.00 and highlights are as follows:
Lot #S53 - 1953 Corvette Convertible: $283,500.00
Lot #S91 - 1953 Corvette Convertible: $296,625.00
Lot #S55 - 1955 Corvette Convertible: $178,500.00
Lot #S32 - 1957 Corvette Convertible: $152,250.00
Lot #S35 - 1960 Corvette Convertible: $102,375.00
Lot #S63 - 1963 Corvette Coupe Z06: $367,500.00
Lot #S67 - 1967 Corvette Convertible Black 435: $467,250.00
Lot #S73 - 1969 Corvette Convertible: $97,125.00
Lot #S93 - 1996 Corvette Convertible Grand Sport: $80,850.00
Terry's Overview: The 1953 Corvettes that sold may sound quite expensive but I predict any restored 1953 Corvette will benchmark at 500 grand within 18 to 24 months at hi-profile events, as several recently sold for almost 500K. The 1963 Z06 that sold for $367,500.00 recently sold for $255,000 in the desert (Jan. '07). That is a 31% leap in just six months... Wow! The 1967 Triple Black 435 convertible that sold for $467,250.00 was a no excuse well-known "Real Deal" and quite frankly I would rather have $500,000.00 in one "Real Deal" than the same money in 4 or 5 wanna-bee's with fake trim tags and fake paperwork. The 1996 Grand Sport convertible that sold for 80 grand plus, had approximately 6,000 miles on it. These cars are hot as only 190 convertibles were produced. I guess this kinda shows us that NOT all high prices achieved at auction are Arizona of Florida driven!!!

A 1965 Bloomington Benchmark®

ProTeam Corvette's original 21,000 actual mile Red 396-425 hp Coupe (stk. #339W) was never tested on the show circuit. Bloomington Gold 2007 was its first trip under the judges clipboard and it came away with the most elusive of prizes: The Bloomington Gold Benchmark® award. Only twelve Benchmark® awards have ever been awarded to 1965 Corvettes out of a total 172 Corvettes that have ever received the Benchmark® status. The Benchmark® can only be awarded after earning a Survivor® award (a car is judged on originality of paint/body, interior, chassis, and engine after completing a 30-mile road course) and then must be Bloomington Gold certified (rigorous scoring standards based on show quality and historic accuracy) by the Bloomington judges. Only then can a car be considered a touchstone for which all other Corvettes should be measured; not a bad couple of afternoons for a rookie. See this 1965 Red Benchmark® Corvette (stk #339W) and the eighteen Corvettes we brought home Bloomington Gold 2007 online at ProTeamCorvette.com

Louis A. Groebner Jr.: 1939 - 2007

It's with great sadness that I write this tribute for Lou Groebner as Lou was a very special person and he was proof that it is not the cars that make our Corvette community so special, it is the people! The cars are what first drew us together as a magnet and now "the people" are primary and the cars are secondary.

We have Special Collections for our cars. We have Hall of Fames for our cars. We need more Hall of Fames for the special people who have done so much for the hobby... for you Uncle Lou!!

Having just returned from the Bloomington Gold show, I reflect back on the Special Collection, not the cars but the people we see each year.

Uncle Lou, you will be missed but you'll be in our hearts and memories as you were very special and so deserving of a spot near the door in the Special Collection of exceptional Corvette people.

Louis Groebner Obituary, Chicago Tribune, June 21st, 2007