MOTV8 Posted February 2, 2012 Share Posted February 2, 2012 1969 L88 Corvette Roadster Sells for $610,000 (Even though it's yeller!) by KEITH CORNETT With so much going on in Kissimmee last weekend with the NCRS Regional and the Mecum collector car auction going on simultaneously, it was hard to be in two places at one time. After putting in a full day at the NCRS Regional, I arrived at the Mecum auction early Friday evening and as I walked into the front entrance, I heard the gavel fall as the auctioneer yelled “SOLD SOLD SOLD – $610,000″. I knew right away I had just missed the sale of this 1969 L88 Corvette Roadster. Lot #F199 was a 1969 L88 Corvette Roadster that has some of the most coveted awards a Corvette can receive. Retaining its original 427/430 HP L88 engine and 4-speed transmission, the Daytona Yellow Corvette received its Bloomington Gold certification in 2005 and NCRS Top Flight award in 2009. It was a member of the Bloomington Gold Special Collection and was inducted into Bloomington Gold’s Corvette Hall of Fame. Other docs include the original Protect-O-Plate. The Corvette has 20,000 actual original miles and comes with a black vinyl auxiliary hard top. During its three year production run from 1967-1969, only 216 L88-equipped Corvettes were built. In 1969, there were 116 examples of the 427/430 hp produced, more than 1967 (20) and 1968′s (80) L88 production combined. So is this the new normal price for L88 Roadsters? It was the second time this month that a C3 L88 convertible broke the $600,000 barrier. Two weeks ago in Scottsdale, Russo and Steele sold a 1968 L88 Convertible for $625,000. Another highly optioned 1969 L88 Corvette Roadster crossed the block on Saturday evening, but failed to sell. Verified by David Borroughs and Tim Thorpe as the real deal, Lot #S189 was a White convertible with 46,000 miles. Bloomington Gold Certified, it also won the prestigious Duntov Award. This Corvette was part of the Rick Davis Collection but failed to sell as the high bid was $400,000 and the reserve was set at $500,000. Link to comment Share on other sites More sharing options...
Desertdawg Posted February 2, 2012 Share Posted February 2, 2012 Damn, just out of my price range... Link to comment Share on other sites More sharing options...
MOTV8 Posted February 2, 2012 Author Share Posted February 2, 2012 Same here, but I've got some stuff listed on eBay so.... Link to comment Share on other sites More sharing options...
Bromley's Corvettes Posted February 2, 2012 Share Posted February 2, 2012 Sweet C-3 Link to comment Share on other sites More sharing options...
Guest badbobs95 Posted February 2, 2012 Share Posted February 2, 2012 Damn, just out of my price range... I came this close-------------------------- to buying both of them! If you believe that, I'm also going to pay off the national debt when I get my next S/S check. Link to comment Share on other sites More sharing options...
GR8WHITE Posted February 3, 2012 Share Posted February 3, 2012 I don't get it....So, someone buys a Corvette back in 1969, stuffs it in a garage or glass bubble for 43 years, and it sells for $610,000? Really. What is so "special" about this car that drives the price so high? So, in 43 years, whoever won the auction at Barrett-Jackson for the very first 427 C6 Corvette Convertible could eventually yeild the same results (or greater)? It must be nice to have all that cash available to buy a "car" that will most likely do the same exact things as it has over the past 43 years.....Sit in someones collector glass bubble. I know it must be a flawless piece of Corvette history, but I bought my ride to actually drive it! (Besides, of all colors...."Daytona" yellow is not my style, let alone the wrap of the gavel at $610,000.) Link to comment Share on other sites More sharing options...
MOTV8 Posted February 3, 2012 Author Share Posted February 3, 2012 ....only 216 L88-equipped Corvettes were built. BIG difference here Glenn. You can get 1969 Corvettes for under $20K all day, ...but an original numbers matching L88? Fuggedaboudit. Link to comment Share on other sites More sharing options...
Desertdawg Posted February 3, 2012 Share Posted February 3, 2012 So, in 43 years, whoever won the auction at Barrett-Jackson for the very first 427 C6 Corvette Convertible could eventually yeild the same results (or greater)? No! Just for the shere fact of numbers... How many C6 427 verts will they build? In 1969, there were ONLY 116, 427/430 hp cars produced, how many do you think are still drivable? Hell, how many of those 116 are still in one piece? What you have here is not only in one piece, it's in pristine condition. If you don't know what it takes to get one of the following awards then look it up, this car has earned them all... Bloomington Gold certification NCRS Top Flight It was a member of the Bloomington Gold Special Collection And was inducted into Bloomington Golds Corvette Hall of Fame. And it wasn't bought and stored in a bubble, it has 20,000 miles. Thats probably equal to 50,000 miles in a C6 Oh and you know how important a set of Lloyds floor mats are to a C5 owner? Well this car has the original Protect-O-Plate, thats like a set of diamond encrusted Lloyds mats... sheesh, kids these days... Link to comment Share on other sites More sharing options...
AdamMeh Posted February 16, 2012 Share Posted February 16, 2012 Maybe some of us should go in on it together... I've got $20 here I'm not using. Link to comment Share on other sites More sharing options...
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