San Diego RM Auction - Market Report

Corvettes Take Center Stage At The San Diego RM Auction

Robert Genat Nov 11, 2010 0 Comment(s)
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In addition to Konkle's 19 Corvettes, there were nine additional ones brought by various owners; they also sold with no reserve. The most interesting was a red, fuel-injected '60 roadster. This matching-numbers, multiple NCRS award winner commanded a solid $81,000.

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In addition to the prices listed above, the buyers were required to pay a 10 percent buyer's premium. This translates to a total of 6.9 million dollars being exchanged for 109 cars. The top seller was the Monza Red '69 L88, which, with the buyer's premium, went out the door for $401,500.

While prices fell short of the over-inflated sums recorded a few years ago, they were ultimately satisfying for both buyers and sellers in San Diego. This auction confirmed that Corvettes, especially big-block models, are still worthy investments.

Sources

RM Auctions
Fort Lauderdale, FL 33334
519-352-4575
http://www.rmauctions.com

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