NASCARCorvette No. 211

From RM/Sotheby Andrews Auction

This seven hour auction took place on May 2nd, 2015 in Fort Worth, TX and generated just short of $54 million and included 9 Corvettes which are listed below:

1953 Corvette – Sold For $275,000.00

1954 Corvette – Sold For $93,500.00

1957 Corvette Fuelie – Sold For $170,500.00

1961 Corvette Fuelie – Sold For $71,500.00

1962 Corvette Race Car – Sold For $1,650,000.00

1962 Corvette Fuelie – Sold For $220,000.00

1963 Corvette with A/C – Sold For $253,000.00

1965 Corvette Display – Sold For $715,000.00

1966 Corvette Cvt. – Sold For $82,500.00

This just goes to prove that Corvettes offered for sale in the right auction venue will bring serious money! Comments or questions, email: [email protected]

Over $366 Million Dollars…

was raked-in by seven collector car auction companies in January 2015 which is a moderate increase over last January 2014 that hovered around $322 million dollars. These are still big numbers that show that collector cars and Corvettes are desirable and sought after commodities. Highlights

from the January collector car auctions:

- 1969 L88 T-Top… Sold $495,000.00

- 1964 F.I. Tanker… Sold $448,200.00

- 1953 #211 Race Car… No Sale $2,000,000.00

As 2014 was drawing to a close, Hagerty, the classic car valuations and insurance leader reports North American classic car auction sales had reached a $1.3 billion total for the year. Powered by strong third quarter auctions, 2014 sales surpassed the $1.2 billion witnessed in 2013. Hagerty predicts 2015 will see slower growth after five years of consistent double-digit increases with more modest gains – approximately 5% - across the entire classic car market. This shows that the popularity of Corvette collecting in on the rise. Questions or comments? Email: [email protected]

Terry and Fred MichaelisTerry Michaelis and Fred Michaelis working the Scottsdale Auctions