1959 Chevrolet Corvette

VIN: J59S104283

$275,000

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Amelia Island, FL; US

  • Event date

    Mar 8 - Mar 9, 2008

  • Lot

    260

Vehicle specs

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

283 290hp, 4 speed, Positraction, heavy duty brakes, braced roll bar, steel wheels with Goodyear Blue Streaks, radio and heater delete, 4 speed, full width low Plexiglas windshield (stock windshield included), no top. Sharp and clean underhood. Aluminum painted FI plenum. Nice car, raced from new by Gene Cormany, VP of Engineering for Zollner Corp, supplier of pistons (and sponsor of the Zollner Pistons semi pro basketball team, later moved to Detroit as one of the founding teams in the NBA, not that it has anything to do with Vettes or Mr. Cormany.) Later sold to Dale Pearman who bought the FI engine from the Chuck Brahms Scaglietti Corvette from Mike Ernst, which is now in the car. Four owners from new, freshly restored by Corvette specialists, fully documented from new.

Market commentary

Offered by Bonhams at Quail Lodge last August where it was bid to $310,000 but unsold. The seller apparently took the experience to heart and, while looking for more sagely decided to settle for less in real money. The buyer did well and has an attractive dual purpose Corvette for the coming historic racing season for less than what would cost to build it. The Scaglietti Corvette engine is of little if any significance in this car, despite the sellers enthusiasm for its history.

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