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| bogus | GS002 Is Up For Auction | ||
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Grand Imperial Pooh-Bah
 
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HOT OFF THE PRESSES - Fresh from the January 2009 issue of Sports Car Market
Yes. One of the five original 1963 GS' is going up for auction next month in Phoenix. It is at the RM Auction, Automobiles of Arizona at the Biltmore. Click here for Grand Sport details I haven't read the details from the auction catalog... I hope it's accurate, there is much documentation on these cars, if they don't do it right, it will be very concerning. |
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Posted on: 2008/12/12 5:35
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| CentralCoaster | Re: GS002 Is Up For Auction | ||
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Senior Guru
 
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Maybe if we all pitch in we can collectively own it.
It'll be like a timeshare. We'll each take it for two weeks and then drive it to the nearest forum member's house. I call first dibs... need to put some real tires on it and head up to Laguna Seca! |
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Posted on: 2008/12/12 7:00
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1985 Z51, ZF6 |
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| TommyT-Bone | Re: GS002 Is Up For Auction | ||
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Chair-man of the bored
 
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A pool of 52. Each has it for a week and passes it to the next one who lives closest till it goes cross country and full circle. I guess it would have to be on the southern trek in the winter.
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Posted on: 2008/12/12 11:43
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| PeteK | Re: GS002 Is Up For Auction | ||
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I wonder what it going to sell for? 1.2 million?
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Posted on: 2008/12/12 12:48
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"It was really on a pass until it came apart." "Yeah. They always are." |
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| pianoguy | Re: GS002 Is Up For Auction | ||
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I don't want my turn this week unless it has a really good heater.
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Posted on: 2008/12/12 13:00
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1996 LT4 �Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.�- Jack Handey |
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| C2C3C4C6 | Re: GS002 Is Up For Auction | ||
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Guru
 
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I read somewhere that GS 001 sold for $7.5 MILLION!!!!
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Posted on: 2008/12/12 15:22
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| CentralCoaster | Re: GS002 Is Up For Auction | ||
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Senior Guru
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Ok, so at $2mil, we're at about $38,000 each. Send paypal to my email address.
Nuts. Some other very nice rides on that link. Drool. |
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Posted on: 2008/12/12 17:59
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1985 Z51, ZF6 |
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| Jeffvette | Re: GS002 Is Up For Auction | ||
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Elite Guru
 
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When the original GS's comes up for sale, it is not going to be cheap.
The market is soft for cars, but I suspect this one will be above 5M for sure and possibly hit 8M. |
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Posted on: 2008/12/12 18:18
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| Schrade | Re: GS002 Is Up For Auction | ||
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Elite Guru
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Quote:
I say $875k. That's conservative, going by what the ZL1 went for in '91 http://www.autofacts.ca/classics/FAPC/ZL1Corvette.htm , and what the rustbucket went for on ebay last month. |
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Posted on: 2008/12/12 22:02
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| Jeffvette | Re: GS002 Is Up For Auction | ||
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Elite Guru
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Quote:
You need to look and see what a original GS is. 875 won't even get you in the door. Hell it won't even get you in the parking lot across the street. |
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Posted on: 2008/12/13 1:10
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| Schrade | Re: GS002 Is Up For Auction | ||
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Elite Guru
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Quote:
Maybe; maybe not. ZL1 is rarer. Last ZL1 sold for $3ck in '91. That should put the GS @ < $3ck. Add a couple of bucks for 15 years ago, I say $875k+. I know a little of the GS. Do you? Like, how many maybe? |
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Posted on: 2008/12/13 2:12
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| bogus | Re: GS002 Is Up For Auction | ||
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Grand Imperial Pooh-Bah
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Quote:
The market is NEVER soft for cars of this nature. Comparing 1991 to now is not quite fair, either. The crash occured not long after that when the speculators were kicked out of the equation. I do expect this to hit the $5m + range. I would be shocked if it didn't even come close. |
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Posted on: 2008/12/13 3:03
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| Jeffvette | Re: GS002 Is Up For Auction | ||
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Elite Guru
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Quote:
I don't think you know enough to understand what it is and what it stands for. This picture was taken at the 2003 Amelia Island Concours. This is the only time the original 5 have been together. The ZL1 is important milestone, but it pales in comparison to any of the original GS cars. BTW, Chassis #2 is the silver blue roadster on the far left. Attach file:  5originalgs.jpg (0.00 KB) |
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Posted on: 2008/12/13 4:12
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| bogus | Re: GS002 Is Up For Auction | ||
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Grand Imperial Pooh-Bah
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Blade - I have a very good book on the GS. If you would like it, I can LOAN it to you.
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Posted on: 2008/12/13 5:49
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| Schrade | Re: GS002 Is Up For Auction | ||
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Elite Guru
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Thanks. I know a little... I got pseudo/wannabe GS rims on mine uh huh. AND, I stayed at a Holiday Inn Express last night yyyUP!!! |
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Posted on: 2008/12/13 6:23
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| bogus | Re: GS002 Is Up For Auction | ||
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Grand Imperial Pooh-Bah
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Well... Let's do GS 101, then.
Back in 1962, Zora wanted to take the new C2 racing. But the reality was that the street car was not the best starting point. So they went about building a totally unique chassis for the cause. The car used a tube frame with custom suspension components and a very unique all aluminum 377 ci small block. The problem? GM found out. They built SIX (yes) and five were actually sold to sneak them out of the build shop. The last one was torched. The GM bosses didn't want to violate the AMA ban on autoracing. However, the reality was a bit more frightening. GM was on the verge of being called a monopoly. They were agraid that more sales of cars would have broken the 50% threshold and GM would have been broken up. At that point, Chevy would have been spun off as an independant company. But GM did not want to lose the Chevy banner. This was so scary, it is what kept many good GM cars from being made... However, the 5 GS's were never up to snuff. Zora wanted to make 100 of them for homogolation as production cars, but they didn't and the GS was classified as a prototype. It could not compete in the same class as the Cobra, which was it's #1 competitor. The GS was also a lot lighter... about 1000 lbs less than the street C2, with thinner body panels and less weight in the frame. The 5 existing GS's were sold to privateers and competed until the mid 60s (66/67 time frame). After that, they vanished until the mid-80s when they became historically significant. They are legendary, not so much because of a great racing history, but because of how they were created, how unique they are and how rare. Each one has Zora's literal fingerprints all over it. So yes, expect one of these to go for a mint. Jeff - I was aiming at the Amelia Island Concourse that year, when the rains came... I didn't know of alternative plans for the show, so I kept going south... damnit. |
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Posted on: 2008/12/13 19:20
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| BeachBum | Re: GS002 Is Up For Auction | ||
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Master Guru
 
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I've got my $ 38k, in fact I'll do a double share, meaning I get it two weekends a year
 There are a lot of cars at that auction that are pretty neat..... I'd love to have the one in the below link for my get around town grocery store. Do not know why, but I like it..... http://www.rmauctions.com/FeatureCars ... ode=AZ09&CarID=r227&fc=0# |
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Posted on: 2008/12/13 19:40
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| CentralCoaster | Re: GS002 Is Up For Auction | ||
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Senior Guru
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A bad market hurts the value on these cars worse than it would on a used Chevy Citation. I'd venture to say the people buying these million dollar cars are wiser with their money than most of us, and keeping it in their wallet. |
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Posted on: 2008/12/15 21:57
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| Jeffvette | Re: GS002 Is Up For Auction | ||
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Elite Guru
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Quote:
Car was unsold at 5,000,000.00 |
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Posted on: 2009/1/19 23:50
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| crash | Re: GS002 Is Up For Auction | ||
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Guru
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ANDY WHATS THE TITLE AND AUTHOR OF THIS BOOK THANKS RICH |
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Posted on: 2009/1/20 1:47
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| bogus | Re: GS002 Is Up For Auction | ||
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Grand Imperial Pooh-Bah
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Quote:
I have been trying to find the sale price on that thing all weekend long. |
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Posted on: 2009/1/20 2:04
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| Schrade | Re: GS002 Is Up For Auction | ||
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Elite Guru
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OHMIGOODNESS! GASP!!! Mine's for sale too - $26k. Unsold |
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Posted on: 2009/1/20 2:22
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LT5, Marc Haibeck ECM module, AUTOMATIC!!!
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