The $3.2 million Corvette

SR99 said:
There were 20 convertibles produced during the 67-69 run of L88's. Maybe that's what you're recalling. I think I've seen at least a dozen L88's just in 2013 auctions. There was another L88 (a 1969) in this auction, about a dozen cars after the one above. It didn;t meet reserve, and the highest bidder was $430k if I recall.

It would be interesting to know how many were totaled, though I'm not sure they could be licensed or made "street legal" (what ever happened to that term, anyway?) so maybe not that many were wrapped around trees.

Here are the L88 production numbers (thanks to Google): 216 total over the 3 years, 20 in '67, 80 in '68, and 116 in '69).

I think the highest $ L88 before this one was $1.25 million (or around that) for 1967 serial number 1, back at a 2010 Mecum auction. The other L88 that was up for auction yesterday was the last one built in 1969.
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As I also understand it, there were also a good number of 1967 L-88 "fakes-counterfiets", or maybe a better term would be "copies" out there as well.

Some done so well, that one would have to almost be a Terry Michaelis to tell.

Like Fender Stratocasters, it might not have been so hard to find a correct VIN in some junkyard, and go from there.
 
MarkD51 said:
As I also understand it, there were also a good number of 1967 L-88 "fakes-counterfiets", or maybe a better term would be "copies" out there as well.

Some done so well, that one would have to almost be a Terry Michaelis to tell.

Like Fender Stratocasters, it might not have been so hard to find a correct VIN in some junkyard, and go from there.
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Mark, what piece are you thinking could be found at a junkyard to start a project from a Vin?
It may be possible to assemble enough pieces to put together a look alike L-88, but virtually impossible to get one past the judges at the Bloomington Gold meet.
And, most importantly, there would be NO HISTORY. Documention isn't all written or based on part numbers and stamped vin. numbers, there's an entire package that keeps the fakes from fooling the experts, owners history is part of that package. Just the Vin. numbers alone would be almost impossible to re-create on a factory looking broached block surface. The more you know about how the vehicles are judged at Bloomington, the more you'd understand how virtually impossible it would be to do a complete fake.

There are a couple, like so many Cobra kit cars, that are copies put together for fun; never heard of one being entered anywhere as real though. Not meant to fool a panel of judges.
 
Not a lot of L-88 vin tags laying around the boneyards, LOL!

Speaking of awesome Corvettes, there was one at the recent import show this past weekend. A black C6 ZO6 w/ 500 cubes of Katech goodness....BUT also had a blower mounted on the front too, are you freakin' kidding me! The 8.2L makes what, 650-700 and then you go and put a blower on it too, geeez! This thing had a big bumpstick in it too, crazy! I wonder if they give you a free straight jacket with that set-up too?!

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SR99 said:
Looks like another historically significant L88 comes up for auction next month:
Legendary 1969 “Rebel” L88 Corvette Racer For Sale at Barrett-Jackson’s Scottsdale Auction

PS did anyone see that Mecum auctions are no longer going to be broadcast on the Velocity channel?
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I did see the end of the auction where they announced it, even said it was going to some new channel. I just don't understand this, there's a car channel but it goes to some sports network, pretty IMO, just like Speed going away and programming going to another sports channel, dumb!

Hey cable people, GET YOUR HEADS OUT OF YOUR ASS!

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So what does everyone think Ron Pratt is going to pay for that L-88? It would be REAL INTERESTING if another uber rich guy showed up to bid on that car!!

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Now this is refreshing speaking of old BOW-TIES.Almost makes me think that one of my cars in the stable (69 Camaro, L-78, full roller motor,12-1, built 400, Hemi Dana ect. former NY Quarter mile winner) that I rebuilt back in the 90`s to make it more streetable.Maybe I should have left it in it`s former glory value wise.
 
BeachZone said:
Quote for truth!


-Beach
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The people who can afford the 3.2 million dollar car own business which employ people, people who pay taxes to help feed the poor and also pay a lot of taxes to help feed the poor.....QUOTE FOR TRUTH!

Here's my Vette:



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Nice toy for someone with way too much money. :D

It is a nice car though. :)
 
Rob Robinson said:
Mark, what piece are you thinking could be found at a junkyard to start a project from a Vin?
It may be possible to assemble enough pieces to put together a look alike L-88, but virtually impossible to get one past the judges at the Bloomington Gold meet.
And, most importantly, there would be NO HISTORY. Documention isn't all written or based on part numbers and stamped vin. numbers, there's an entire package that keeps the fakes from fooling the experts, owners history is part of that package. Just the Vin. numbers alone would be almost impossible to re-create on a factory looking broached block surface. The more you know about how the vehicles are judged at Bloomington, the more you'd understand how virtually impossible it would be to do a complete fake.

There are a couple, like so many Cobra kit cars, that are copies put together for fun; never heard of one being entered anywhere as real though. Not meant to fool a panel of judges.
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I of course understand that.

I wasn't speaking about such a hypothetical car being at a Bloomington Gold meet.

As for the numbers I mentioned earlier in this thread, I'm sorry that I hadn't specifically referred to the 1967 model year alone.

As for the numbers I quoted, I had once read a total of 16 1967 L-88's, and that only 3 remained in existence today. Whether those numbers are accurate, I am not 100% sure.
 
MarkD51 said:
As for the numbers I quoted, I had once read a total of 16 1967 L-88's, and that only 3 remained in existence today. Whether those numbers are accurate, I am not 100% sure.
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1967...RPO# L88.......20
1968...RPO# L88.......80
1969...RPO# L88.......116

(Source: Corvette Black Book)

Pro-Team Corvettes in Napoleon, Ohio usually has a few
of these years' L88 equipped Corvettes for sale.
(They'll make arrangements for delivery to anywhere in the World.)


Bob
 
I drove down to Pro-Team twice from Detroit, once w/ my late Dad and about 5 yrs ago with my now wife just to look, nice place! Main showroom has a variety of Vettes, when I was there last they had a C1 generation w/ a clear bubbletop, awesome! I like how each barn has different gen Vettes, I only went to look at the mid-year Corvettes, ofcoarse!

I'm thinking that red, white and blue L-88 will sell for 4 million dollars.

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MarkD51 said:
I of course understand that.

I wasn't speaking about such a hypothetical car being at a Bloomington Gold meet.

As for the numbers I mentioned earlier in this thread, I'm sorry that I hadn't specifically referred to the 1967 model year alone.

As for the numbers I quoted, I had once read a total of 16 1967 L-88's, and that only 3 remained in existence today. Whether those numbers are accurate, I am not 100% sure.
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Mark, there were 20 total 67' L-88's built, 16 Coupes, 4 convertibles. Can't answer exactly how many left, but at the "Earthquake 88" (display of invited L-88's to Bloomington) Special Collection, there were at least 9-67's at that show. 3 were restored in race car trim. Most of the L-88 circle have contended there are 13 documented known to exist. The only one I know that has been destroyed is the one purchased by King Hussein of Jordan, it was a coupe. There have to be others that were raced that got parted out after racing and before the rarity of the beast was realized.
 
Wow, wow, wow! Is that a record ever from a muscle car to be sold that high? I mean I usually see the older Ferraris or Jaguars being sold that high but wow, that's a lot of money. Great buy for sure.
 
It will be interesting to see what Ron Pratt pays for the car, now I've gotta try and stomach the charity cars and all the begging that goes into that.

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Figures it has to be red, how cliche! I'll watch anyways,should be interesting!

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