Yesterday at the Bloomington Gold Barrett-Jackson auction, Dave Burroughs '67 L-88 coupe sold for $615K to Roger Judsky. It has 12 original miles and is one example of 20 built at St. Louis. In the picture below you can still see the window sticker.
While $615K sounds like a lot of money, it seems that Italian exotics can fetch a lot more. Take for instance, one '62 Ferrari 250 GTO, one of 39 built, that a few years ago was auctioned off for slightly less than $3 million. I guess the price of these toys depends on which money bracket you're in!!
The link to where this thread was posted is http://corvetteactioncenter.com/forums/showthread.php?s=&threadid=31677&perpage=15&pagenumber=1
I plan to stay nice and quiet about it and not pop my head in. In case your interested I'll give you some background information on the seller. He is a extremlly wealthy individual from upstate Illinois. At one time, before he started to age, he would buy 2 corvettes of every year. One of them would be trailerd home, and then put into the garage to sit. This wasn't an ordinary garage either. It was stacked about 10 cars high and stretched for what seemed like miles. But he would have 2 vettes of each year. Now that he is getting older he is actually selling a few of them off. This guy doesn't only collect corvettes though. He basically has a candy store when it comes to some of us. About 7 years ago a friend of the family bought a Cheyenne III (aircraft) from the guy. It was the lowest time Cheyenne in the world, and still is to this day. But the plane sat for years before it was bought. The guy was so willing to get rid of it he put about 1/4 million dollars worth of repairs into it just so he could sell it. And on the plane ride home with the new owner buttons (ok, only one) popped out of the panel and flew halfway back in the cabin. Keep in mind this is a 9 pass plane. Now this same plane is in immaculate condition and is debatebly the best Cheyenne III in the world.
It is quite a shame that he buys these cars and other vehicles and then just lets them sit. He doesn't do anything with them.
Just thought some of you might be interested in this.
While $615K sounds like a lot of money, it seems that Italian exotics can fetch a lot more. Take for instance, one '62 Ferrari 250 GTO, one of 39 built, that a few years ago was auctioned off for slightly less than $3 million. I guess the price of these toys depends on which money bracket you're in!!
The link to where this thread was posted is http://corvetteactioncenter.com/forums/showthread.php?s=&threadid=31677&perpage=15&pagenumber=1
I plan to stay nice and quiet about it and not pop my head in. In case your interested I'll give you some background information on the seller. He is a extremlly wealthy individual from upstate Illinois. At one time, before he started to age, he would buy 2 corvettes of every year. One of them would be trailerd home, and then put into the garage to sit. This wasn't an ordinary garage either. It was stacked about 10 cars high and stretched for what seemed like miles. But he would have 2 vettes of each year. Now that he is getting older he is actually selling a few of them off. This guy doesn't only collect corvettes though. He basically has a candy store when it comes to some of us. About 7 years ago a friend of the family bought a Cheyenne III (aircraft) from the guy. It was the lowest time Cheyenne in the world, and still is to this day. But the plane sat for years before it was bought. The guy was so willing to get rid of it he put about 1/4 million dollars worth of repairs into it just so he could sell it. And on the plane ride home with the new owner buttons (ok, only one) popped out of the panel and flew halfway back in the cabin. Keep in mind this is a 9 pass plane. Now this same plane is in immaculate condition and is debatebly the best Cheyenne III in the world.
It is quite a shame that he buys these cars and other vehicles and then just lets them sit. He doesn't do anything with them.
Just thought some of you might be interested in this.
