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1968 Chevrolet Corvette C3 Sport Coupe / 194378S419258 Vehicle Information

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C3 photograph

1968 Chevrolet Corvette C31968 Chevrolet Corvette C31968 Chevrolet Corvette C31968 Chevrolet Corvette C31968 Chevrolet Corvette C31968 Chevrolet Corvette C31968 Chevrolet Corvette C31968 Chevrolet Corvette C3
High bid of $420,000 at 2013 RM Auctions - Arizona. (did not sell)
There were just 80 Corvettes with the L88 produced in 1968. The new 427-cubic inch L88 V-8 was an outgrowth of the 'big block' Mark IV engine program first introduced in the form of a 396-cubic inch V-8 in 1965. GM had declared that no car line smaller than its full-size lineup should carry an engine larger than 400 cubic inches, including the Corvette. The 396 V8 was just under that limit, so it replaced the fuel-injected 327 in the Corvette as the top offering. It was dubbed the L78 and offered 425 horsepower. Some 2,157 interested buyers paid the additional $292.70 for the powerplant.

When Carroll Shelby began installing Ford's 427 cubic-inch V8 in the Cobra, Chevrolet engineers responded. Chevrolet's answer was their own 427 V-8 for 1966. It was basically a 396 with a larger 4.25 bore, an 11:1 compression ratio, and an advertised 425 horsepower.

For 1967, Chevrolet introduced the L71, a 427 cubic-inch unit with a trio of progressively linked two-barrel carburetors producing 435 horsepower. Some 3,754 buyers paid $437.10 for the option. Engineers still wanted more and offered the L89, this time with aluminum heads for the L71. Only 16 buyers chose the L89 at an additional cost of $368.65 over the L71.

Next came the RPO L88, which was once again based on the 427, but with a 12.5:1 compression ratio and a single Holley four-barrel carburetor. The engine rode on 103 high-octane fuel. Some sources stated the engine offered 560 horsepower. The cost for the new engine was expensive, selling for $947.94. The engine required mandatory options, and the radio and heater were deleted in order 'to cut down on weight and discourage the car's use on the street,' according to a press release at the time. In total, just 20 buyers purchased the engine.

The L88 returned for 1968 and 80 examples were sold. Zero-to-sixty mph took just 4.2 seconds and barely 8.0 seconds to 100 mph. The L88 returned for a final time in 1969, where 116 buyers opted for this mechanical marvel.

This example was ordered through Paulos Auto Company, a Chevrolet-Oldsmobile dealer in Magna, Utah on November 15, 1967. The first owner was Carl Schettler, of Salt Lake City. It was a college graduation gift from his father. Schettler specified a Rally Red exterior and black interior, along with the L88 engine. Accompanying the car was the M22 'rock crusher' four-speed manual transmission, the J50/56 heavy-duty power four-wheel disc brakes, a G81 4:11 posi-traction rear, the F41 special purpose suspension, an N11 off-road exhaust, and a transistorized ignition. The final cost for this Corvette was $5,589.

Schettler's college friend, Dr. William Hagabush, purchased the car from him in 1971. Schettler got the car back from Hagabush sometime between 1973 and 1974. A year later, it was purchased by Rick Reynolds, of Juneau, Alaska. Ownership later passed through two more Alaskan owners until it passed to Bob Fattore in 1987, who sold the car to Mike Vietro. The current owners acquired the car in 2008.

The car participated in the 1988 Bloomington Special Collection, where it was judged 99.0 points out of 100, as well as the 2010 Bloomington L88 Invasion. NCRS documentation from October 23, 2012 verifies the authenticity of the tank sticker. It is both Bloomington Gold certified and the recipient of an NCRS Top Flight Award from the 1988 Western Regionals in August 1988.

The car is one of just 216 L88 Corvettes produced from 1967 through 1969 and one of the few L88s to retain its original engine. It is finished in red exterior with black interior and was restored to original condition in 1987. It is one of only four built in 1988, painted Rally Red.

In 2013, the car was offered for sale at RM Auction's sale in Scottsdale, Arizona. Bidding reached $420,000 but was not enough to satisfy the vehicle's reserve. It would leave the auction unsold.


By Daniel Vaughan | Feb 2013


2013 RM Auctions - Arizona

Pre-Auction Estimates :
USD $450,000-USD $550,000 
High Bid (Lot was not sold)
USD $420,000

1968 Chevrolet Corvette C3 Auction Sales

Recent Sales

(Data based on Model Year 1968 sales)
1968 CHEVROLET CORVETTE 427/435 CONVERTIBLE
Chassis#: 194678S413001
Sold for USD$126,500
  2021 Barrett-Jackson : Scottsdale
 
1968 CHEVROLET CORVETTE COPO CONVERTIBLE
Chassis#: 194678S419384
Sold for USD$214,500
  2021 Barrett-Jackson : Scottsdale
 
1968 Chevrolet Corvette Coupe
Sold for USD$30,800
  2021 Mecum : Glendale
 
1968 Chevrolet Corvette L79 327/350HP
Chassis#: 194378S425593
Sold for USD$24,640
  2021 Bonhams : The Scottsdale Auction
 
1968 Chevrolet Corvette Convertible
Sold for USD$44,000
  2021 Mecum : Kissimmee
 
1968 Chevrolet Corvette Resto Mod
Sold for USD$148,500
  2021 Mecum : Kissimmee
 
1968 Chevrolet Corvette Convertible
Sold for USD$55,000
  2021 Mecum : Kissimmee
 
1968 Chevrolet Corvette Coupe
Sold for USD$44,000
  2021 Mecum : Kissimmee
 
1968 Chevrolet Corvette Coupe
Sold for USD$26,950
  2020 Mecum : Houston
 
1968 Chevrolet Corvette Coupe
Sold for USD$33,000
  2020 Mecum : Kansas City
 
1968 Chevrolet Corvette Convertible
Sold for USD$38,500
  2020 Mecum : Las Vegas
 
1968 Chevrolet Corvette Convertible
Sold for USD$51,700
  2020 Mecum : Las Vegas
 
1968 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: 194678S410153
Sold for USD$39,600
  2020 Barrett-Jackson : Fall Auction
 
1968 CHEVROLET CORVETTE 427/400 CONVERTIBLE
Chassis#: 194678S402450
Sold for USD$47,300
  2020 Barrett-Jackson : Fall Auction
 
1968 CHEVROLET CORVETTE CONVERTIBLE
Chassis#: 194678S405583
Sold for USD$19,800
  2020 Barrett-Jackson : Fall Auction
 
1968 Chevrolet Corvette Coupe
Sold for USD$40,700
  2020 Mecum : Dallas
 
1968 Chevrolet Corvette Convertible
Sold for USD$30,800
  2020 Mecum : Dallas
 
1968 Chevrolet Corvette Coupe
Sold for USD$71,500
  2020 Mecum : Dallas
 
1968 Chevrolet Corvette Coupe
Sold for USD$44,000
  2020 Mecum : Dallas
 
1968 Chevrolet Corvette Coupe
Sold for USD$35,200
  2020 Mecum : Kissimmee Summer Special
 

Vehicles That Failed To Sell

1968 Chevrolet Corvette C3's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1968 Chevrolet Corvette 427/400 Coupe194378S4111702021 RM Sothebys : Open Roads February   
1968 Chevrolet Corvette194378S4167452020 RM Sothebys : Auburn Fall Auction $30,000$35,000
1968 Chevrolet Corvette L88 Coupe 2020 Mecum : Indy$375,000$550,000$600,000
1968 Chevrolet Corvette 2020 Carlisle Auctions : Winter AutoFest   
1968 Chevrolet Corvette Coupe 2020 Mecum Auctions : Kissimmee$33,000  
1968 Chevrolet Corvette L88 Convertible 2020 Mecum Auctions : Kissimmee$350,000$450,000$550,000
1968 Chevrolet Corvette Convertible 2020 Mecum Auctions : Kissimmee$26,000  
1968 Chevrolet Corvette Coupe 2019 Mecum : Kansas City$15,000  
1968 Chevrolet Corvette Stingray 2019 GAA : November 2019$21,000  
1968 Chevrolet Corvette L-71 2019 Fall Carlisle Auction   
1968 Chevrolet Corvette Baldwin Motion 2019 Mecum : Dallas$75,000  
1968 Chevrolet Corvette Stingray L88 Convertible 2019 RM Auctions : Auburn Fall   
1968 Chevrolet Corvette Stingray 2019 GAA : July 2019$20,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$35,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$40,000$50,000$75,000
1968 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$24,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$70,000$75,000$90,000
1968 Chevrolet Corvette Coupe 2019 Mecum : Indianpolis$70,000$100,000$130,000
1968 Chevrolet Corvette Convertible 2019 Mecum : Houston$30,000  
1968 Chevrolet Corvette Coupe 2019 Mecum : Houston$34,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Phoenix Auction$25,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Phoenix Auction$26,000  
1968 CHEVROLET CORVETTE 2019 Leake OKC 2019$32,500  
1968 CHEVROLET CORVETTE 2019 Leake OKC 2019$27,000  
1968 Chevrolet Corvette 2019 Carlisle Auction : Lakeland Winter Auction   
1968 Chevrolet Corvette Coupe 2019 Russo & Steele : Scottsdale   
1968 Chevrolet Corvette Convertible 2019 Mecum : Kissimmee$65,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Kissimmee$37,000  
1968 Chevrolet Corvette Coupe 2019 Mecum : Kissimmee$28,000  
1968 Chevrolet Corvette Convertible 2019 Mecum : Kissimmee$26,000  

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Vehicle Profiles

Chassis information for the Chevrolet Corvette C3
1969 Sport Coupe
Chassis Num: 194379S733382
Engine Num: T0702LP 19S733382

Chassis information for the Chevrolet Corvette C3
1972 Sport Coupe
Chassis Num: 1Z67W2S507664
Engine Num: T1II2CSS 12S507664

Chassis information for the Chevrolet Corvette C3
1973 Coupe
Chassis Num: 007-404
Chassis information for the Chevrolet Corvette C3
1973 Coupe
Chassis Num: 026-037

Chassis information for the Chevrolet Corvette C3
1973 Coupe
Chassis Num: 1Z37J3S410290
Engine Num: 13S410208 V1207CKZ

1968 Chevrolet Corvette C3

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