RM/Sotheby's Arizona 2023 - Corvette almost as expensive as Miura and 275 GTB
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Created on January 27, 2023
, Reading time 4min
Text:
Bruno von Rotz
Photos:
Patrick Ernzen - Courtesy RM/Sotheby's
16Robin Adams - Courtesy RM/Sotheby's
15- Courtesy RM/Sotheby's
13Motorcar Studios - Courtesy RM/Sotheby's
11William Walker - Courtesy RM/Sotheby's
9Darin Schnabel - Courtesy RM/Sotheby's
5Drew Shipley - Courtesy RM/Sotheby's
5Erik Fuller - Courtesy RM/Sotheby's
4Jasen Delgado - Courtesy RM/Sotheby's
3Nathan Leach-Proffer - Courtesy RM/Sotheby's
2Greg Keysar - Courtesy RM/Sotheby's
2Kevin McCauley - Courtesy RM/Sotheby's
2Logan Jacobs - Courtesy RM/Sotheby's
2Karissa Hosek - Courtesy RM/Sotheby's
2Jakob Rosen - Courtesy RM/Sotheby's
2Dynamic Photowerks LLC - Courtesy RM/Sotheby's
1Rafael Martin - Courtesy RM/Sotheby's
1Daniel Bronshteyn - Courtesy RM/Sotheby's
1Jeremy Cliff - Courtesy RM/Sotheby's
1Brenden Raspberry - Courtesy RM/Sotheby's
1Jeremy Sandler - Courtesy RM/Sotheby's
1Stephen Rossini - Courtesy RM/Sotheby's
1Alex Stewart - Courtesy RM/Sotheby's
1Rasy Ran - Courtesy RM/Sotheby's
1Lucas Scarfone - Courtesy RM/Sotheby's
1Courtney Frisk - Courtesy RM/Sotheby's
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Summary
A Corvette C3 for over USD 3 million? Yes, a 1969 ZL-1 convertible actually fetched this price, beating only a Lamborghini Miura and a Ferrari 275 GTB/4 as well as a LaFerrari, which found a new owner for even more money. 91 percent of the 88 cars offered at the RM/Sotheby's Arizona auction were sold. However, there were also a few surprises on the downside ... This auction review analyzes the results and shows all the vehicles in pictures.
This article contains the following chapters
- 36 vehicle brands
- Almost all very expensive cars sold
- The most expensive Corvette C3 of all time?
- Exotic cars rather below expectations
- A quarter of the cars less than 20 years old
Estimated reading time: 4min
Preview (beginning of the article)
As part of the Arizona Concours d'Elégance, RM/Sotheby's hosted the first major auction of the year on January 26, 2023. 88 cars and some automobilia went under the hammer at the Frank Lloyd-Wright-designed Arizona Bitmore Resort & Spa in Phoenix. The vehicles were driven up to the auction, so prospective buyers were able to see for themselves that the object of their desire was in working order. On average, the 88 vehicles were around 44 years old and valued at a total of USD 55.4 million. 91 percent of the cars, 56 percent of which were offered without a minimum price, were sold and achieved an average price (including surcharge/commission) of around USD 586,000.
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Current Market Prices (Selection)
Coupe, 385 PS, 3929 cm3
Coupe, 370 PS, 3929 cm3
Coupe, 340 PS, 3929 cm3
Coupe, 350 PS, 3929 cm3
null, 301 PS, 5359 cm3
null, 301 PS, 5359 cm3
Coupe, 350 PS, 3929 cm3
Coupe, 530 PS, 5707 cm3
Convertible, 530 PS, 5707 cm3
Coupe, 577 PS, 5992 cm3
Coupe, 670 PS, 6496 cm3
Coupe, 320 PS, 3929 cm3