Corvette Mecum Auction Prices at Kissimmee

Where the Cars Are

Walt Thurn Jul 17, 2014 0 Comment(s)
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Mecum Auctions begins its annual season in Kissimmee, Florida, and with 2,740 cars offered for sale this year the event earned the slogan “where the cars are.” Kissimmee is held at the expansive Osceola Heritage Park. The site allows enough room for Mecum to erect large tents to protect and display all of its auction cars. A general admission ticket allows spectators easy access to inspect a wide variety of offerings including Corvettes. This year 318 Corvettes crossed the auction block. Of those, 216 found new owners, or 68 percent. As a comparison, 431 Corvettes were available for sale in 2013 and 265 sold, or 63 percent. Four of the five top selling cars this year were Corvettes. A ’68 L88 coupe was the highest Corvette at $530,000 (lot #S179). Last year a ’68 L88 convertible was the top selling Corvette at $550,000. Offerings were down from last year, but selling prices appear to be steady.

Here is a breakdown on how many Corvettes by generation came across the Mecum block looking for new owners.

1956 Sr Prototype 2/14

The first Corvette to win its class at Sebring was this ’56 SR prototype that finished 9th overall at the 1956 race. Corporate marketing called this Corvette “The Real McCoy.” It did not meet the owner’s reserve

Auction Floor 3/14

A complete ground-up restored Le Mans blue ’69 L88 convertible (lot #S163) was a stunning example of the fabled L88. The restoration cost $242,000 and took 19 months to complete. It received a high bid of $735,000, but did not meet the owner’s reserve. Notice the ’56 Real McCoy Corvette race car in the background.

Mecum Auctions 4/14

Extra nice ’78 Corvette Indy Pace Cars are slowly growing in value. Lot #S121 is a good example of this trend. This particular L82 Pace Car is fitted with a four-speed manual transmission and has 7 original miles on its clock. It’s part of the Rodger Judski collection and it sold for $75,000. 

1953 to 1962
59 Available
24 Sold
W249 $26,500 Low
F253 $115,000 High

1963 to 1967
115 Available
55 Sold
K281 $29,000 Low
S151.1 $475,000 High

1968 to 1982
95 Available
64 Sold
J232 $6,000
S179 $530,000 High

1984 to 1996
73 Available
45 Sold
J106 $4,750
S117 $140,000 High
1997 to 2004
31 Available
20 Sold
J21 $9,500 Low
S117 $140,000 High

2005 to 2013
16 Available
7 Sold
W71 $16,000 Low
K253 $42,000 High

2014
2 Available
1 Sold
S266.1 $72,500

The third generation (C3) sold the highest number of cars and captured the highest selling price of $530,000. The second generation (C2) was close behind with 55 sold with a high price of $475,000. A nice surprise was the strong money a ’96 Grand Sport convertible brought. This 11-original-mile beauty lot #S117 sold for $140,000 from the Roger Judski Collection.

The Mecum Auctions will hold a total of 19 auctions in 2014 (including Kissimmee). This schedule will provide you with ample opportunity to do some shopping or get a price check on a Corvette that you are looking for. All you have to do is register to bid so you can bring the hammer down on your favorite Corvette. If you’re in the market for a Vette be sure to check out Mecum’s website www.mecum.com.

Fourth Generation Corvette 5/14

Fourth- generation Corvettes were known for their excellent handling. They were successfully raced in showroom stock events. Their win record was so dominating they were banned from competition in 1988. Corvette Challenge gave them a place to race in 1988 and 1989. Lot #S123 (No. 98) won the 1988 championship with Stu Hayner. It was bid to $75,000, but did not sell. Lot #124 was another ’88 Challenge car driven by R. K. Smith and Brad Murphy. It was bid to $47,000, but did not sell.

C5 Based Callaway 6/14

Reeves Callaway’s father, Eli, was the developer of the “Big Bertha” golf club. He also was the proud owner of Lot #F258 a ’97 Enzai Blue with Hermes Orange interior C12. This C5 based Callaway was part of the Richard Berry collection and sold for $140,000.

1957 Venetian Red 7/14

This very nice ’57 Venetian Red (lot #F138) with white coves sold for $95,000. It has both tops with radio delete and is powered by a 283/270 engine.

Sebring Silver Z06 8/14

Lot S150.1 is a rare big-tank (36 gallons) Sebring Silver Z06 that has been Bloomington Gold Certified. It’s powered by an L84 327/360 hp fuel-injected small-block and is backed with a four-speed transmission. It sold for $475,000 and was nicely presented.

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