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1959 Chevrolet Corvette C1 Convertible / J59S104283 Vehicle Information

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C1 photograph

1959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C11959 Chevrolet Corvette C1
Sold for $275,000 at 2008 Automobiles of Amelia Island, RM Auctions.
High bid of $130,000 at 2011 RM Auctions at Monterey. (did not sell)
During the 1920s, Bill Mitchell was doing advertising work where he was exposed to road racing by the Collier brothers. This early racing influence that would foster throughout the years would be used in perfecting the Chevrolet Corvette. Between Zora Arkus-Duntov and Mitchell, the Corvette would evolve into an icon and racing legend.

There was an AMA (Automobile Manufacturer's Association) racing ban in 1957, which meant GM pulled out of competition at that time. Duntov was able to find a loophole and kept high-performance parts readily available on the Corvette. Improvements were made to the small-block V8 engine resulting in an increase in horsepower. The result was a very versatile machine that could be ordered for street use or for racing.

A few years later, in 1959, Gary Laughlin, Jim Hall, and Carroll Shelby were planning to build a competition car that could challenge the Ferrari 250 Testarossa and 250 SWB Berlinetta. The Corvette chassis and 'fuelie' powerplant were chosen and it was sent to Scaglietti for its bodywork. This infuriated Enzo Ferrari, as Ferrari had used Scaglietti on several occasions for bodywork on his cars. He was not excited about his competition using one of his coachbuilders. The Italian coachbuilder worked two years on the project, creating a total of three lightweight alloy coupe bodies similar to the Ferrari 250 GT 'Tour de France.'

Harley Earl and Ed Cole had approved the project, but it was rejected by GM's upper management. The two-year construction time and rejection by GM had Shelby frustrated, but undaunted, and would later create the legendary Cobra.

Though the Scaglietti Corvette project was unsuccessful, the Corvette's would enjoy much success. They were very dominant in SCCA racing during the 1959 season, with Jim Jeffords winning the SCCA B Production points Championship. The car he drove was known as the People Eater MK III. Encouraged, plans were made for the 1960 season to contest the 24 Hours of LeMans and the FIA Championship.

Among the Corvette construction projects that occurred during the close of the 1950s was this Fuel Injected Competition Convertible. Resting under the hood is the 290 horsepower, 283 cubic-inch fuel-injected V8 engine mated to a four-speed manual gearbox. There is a Positraction rear axle, heavy-duty brakes, and upgraded suspension. Anyone who had $5,227.65 (including freight) was able to purchase this sports car in 1959. All that was needed were a few minor modifications, such as safety considerations, and this car was ready for racing.

Gene Cormany was the first owner of this car. He was the VP of Engineering for Zollner Corporation which specialized in automotive pistons. Cormany used this car in competition in the Midwest during the 1959 and 1960 seasons. He had twelve top-three finishes and outright victories on four of 22 events.

Ownership later passed to Roland Gorman and then to Dale Pearman. While in Pearman's care, the car was treated to a restoration. During the restoration, Pearman met Mike Ernst, an NCRS member and Corvette expert. Ernst had an original engine and fuel injection unit from the first Scaglietti-bodied Corvette. In early 1989, Pearman purchased this engine and fuel-injection system and fitted it in this car.

In 2004, the current owner purchased this car, which was still in the process of being restored. It was sent to a professional restoration shop where the restoration was completed over a three-year period.

In 2007 it was brought to the Newport Concours d'Elegance where it won 'Best Sports Car' and later won the NCRS Heritage Award.

The car has traveled 90,366 miles since leaving the showroom floor many years ago. It is painted in the original black with a red interior. It has a bolt-in roll bar, steel wheels with Goodyear Super Cushion tires, full-width cut-down windscreen, a stock windshield, windshield wipers, and white convertible top.

In 2007 it was brought to the Bonhams Auction, An Important Sale of Collectors' Motorcars and Automobilia, held at the Quail Lodge Resort & Golf Club in Carmel, California. The lot was estimated to sell for $400,000 - 450,000 but failed to sell at auction.

In 2008 the car was brought to the Automobiles of Amelia presented by RM Auctions where it was estimated to sell for $300,000 - $350,000. The cost of the restoration, the racing history, and its engine support the high estimates. At the auction, those estimates were nearly reached, as a high bid of $275,000 including buyer's premium was enough to secure new ownership. The lot was sold.


By Daniel Vaughan | Apr 2008


2011 RM Auctions at Monterey

Pre-Auction Estimates :
USD $175,000-USD $225,000 
High Bid (Lot was not sold)
USD $130,000

2008 Automobiles of Amelia Island, RM Auctions

Pre-Auction Estimates :
USD $300,000-USD $350,000 
Sale Price :
USD $275,000

2007 Bonhams, An Important Sale of Collectors' Motorcars and Automobilia

Pre-Auction Estimates :
USD $400,000-USD $450,000 
Lot was not sold

1959 Chevrolet Corvette C1 Auction Sales

Recent Sales

(Data based on Model Year 1959 sales)
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: J59S107357
Sold for USD$825,000
  2021 Barrett-Jackson : Scottsdale
 
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: J59S105638
Sold for USD$165,000
  2021 Barrett-Jackson : Scottsdale
 
1959 CHEVROLET CORVETTE 283/230 CONVERTIBLE
Chassis#: J59S109556
Sold for USD$165,000
  2021 Barrett-Jackson : Scottsdale
 
1959 Chevrolet Corvette Convertible
Sold for USD$88,000
  2021 Mecum : Kissimmee
 
1959 Chevrolet Corvette Convertible
Sold for USD$62,700
  2021 Mecum : Kissimmee
 
1959 Chevrolet Corvette Convertible
Sold for USD$82,500
  2021 Mecum : Kissimmee
 
1959 Chevrolet Corvette Restomod
Chassis#: J59S101583
Sold for USD$85,000
  2020 RM Sothebys : Open Roads, Fall
 
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: AZ375822
Sold for USD$187,000
  2020 Barrett-Jackson : Fall Auction
 
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: J59S102234
Sold for USD$55,000
  2020 Barrett-Jackson : Fall Auction
 
1959 CHEVROLET CORVETTE 283/270 CONVERTIBLE
Chassis#: J59S102763
Sold for USD$77,000
  2020 Barrett-Jackson : Fall Auction
 
1959 Chevrolet Corvette Convertible
Sold for USD$60,500
  2020 Mecum : Indy
 
1959 Chevrolet Corvette Convertible
Sold for USD$220,000
  2020 Mecum : Glendale
 
1959 CHEVROLET CORVETTE CUSTOM ROADSTER
Chassis#: DPSMN092328
Sold for USD$154,000
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: J59S102492
Sold for USD$165,000
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: J59S102546
Sold for USD$214,500
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 CHEVROLET CORVETTE CONVERTIBLE
Chassis#: J59S104558
Sold for USD$82,500
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 CHEVROLET CORVETTE FUELIE CONVERTIBLE
Chassis#: J59S104565
Sold for USD$78,100
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 CHEVROLET CORVETTE 283/270 CONVERTIBLE
Chassis#: J59S109083
Sold for USD$51,700
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 CHEVROLET CORVETTE CUSTOM CONVERTIBLE
Chassis#: J59S100676
Sold for USD$220,000
  2020 Barrett-Jackson : Scottsdale, AZ
 
1959 Chevrolet Corvette Convertible
Sold for USD$91,300
  2020 Mecum Auctions : Kissimmee
 

Vehicles That Failed To Sell

1959 Chevrolet Corvette C1's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1959 Chevrolet Corvette Convertible 2020 Mecum : Kissimmee Summer Special$38,000  
1959 Chevrolet Corvette Convertible 2020 Mecum : Indy$42,000  
1959 Chevrolet Corvette Convertible 2020 Mecum Auctions : Kissimmee$80,000$130,000$140,000
1959 Chevrolet Corvette Convertible 2020 Mecum Auctions : Kissimmee$71,000$90,000$115,000
1959 Chevrolet Corvette Convertible 2020 Mecum Auctions : Kissimmee$68,000  
1959 Chevrolet Corvette Convertible 2019 Mecum : Chicago$36,000  
1959 Chevrolet Corvette Convertible 2019 Mecum : Chicago$160,000  
1959 Chevrolet Corvette 2019 RM Auctions : Auburn Fall   
1959 Chevrolet Corvette ConvertibleJ59S1065422019 Mecum : Monterey$85,000$90,000$120,000
1959 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$95,000$90,000$110,000
1959 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$45,000  
1959 Chevrolet Corvette Convertible 2019 Mecum : Indianpolis$50,000$70,000$90,000
1959 Chevrolet Corvette Convertible 2019 Mecum : Phoenix Auction$45,000  
1959 Chevrolet Corvette ConvertibleJ59S1055212018 Mecum : Monterey$72,000$95,000$110,000
1959 Chevrolet Corvette ConvertibleJ59S1014782018 Mecum : Monterey$55,000$80,000$100,000
1959 Chevrolet Corvette C1 RoadsterJ 59S1021672018 Coys : Schloss Dyck $79,000$85,000
1959 Chevrolet Corvette 2018 Leake Tulsa$67,000  
1959 Chevrolet Corvette Convertible 2018 Mecum : Indianapolis$100,000  
1959 CHEVROLET CORVETTE RESTOMOD CONVERTIBLEJ59S1079942018 Premier Auction Group$98,000  
1959 Chevrolet Corvette 2018 GAA : Spring Sale$105,000  
1959 CHEVROLET CORVETTE CVTBLE 2018 McCormick's Auction # 64$61,000  
1959 Chevrolet Corvette ConvertibleJ59S1038282018 Mecum : Los Angeles$75,000  
1959 Chevrolet Corvette ConvertibleJ59S1038282018 Mecum : Los Angeles$75,000  
1959 Chevrolet Corvette Convertible 2018 Mecum : Kissimmee   
1959 Chevrolet Corvette Convertible 2018 Mecum : Kissimmee$100,000  
1959 Chevrolet Corvette Convertible 2018 Mecum : Kissimmee$110,000  
1959 CHEVROLET CORVETTE CONVERTIBLE 2017 McCormick's Auction # 63$65,000  
1959 Chevrolet Corvette Convertible 2017 Mecum : Las Vegas$60,000  
1959 Chevrolet Corvette Convertible 2017 Mecum : Las Vegas$80,000  
1959 Chevrolet Corvette Convertible 2017 Mecum : Houston   

Comparables

Similar sales to the $91,152 range.
1969 CHEVROLET CAMARO CUSTOM COUPE
Chassis#:124379N690975
Sold for $91,300
2021 Barrett-Jackson : Scottsdale
1967 FORD BRONCO CUSTOM SUV
Chassis#:AZ378563
Sold for $91,300
2021 Barrett-Jackson : Scottsdale
1963 CHEVROLET IMPALA SS 409 CONVERTIBLE
Chassis#:31867L169595
Sold for $91,300
2021 Barrett-Jackson : Scottsdale
1986 Porsche 911 Turbo Coupe
Chassis#:WP0JB0932GS050134
Sold for $90,664
2021 RM Sothebys : Open Roads - March
1967 CHEVROLET CORVETTE
Sold for $91,000
2021 Carlisle Auctions : Lakeland Winter Auction
1957 Jaguar XK140 Roadster
Sold for $90,750
2021 Mecum : Kissimmee
1971 Dodge Challenger Resto Mod
Sold for $91,300
2021 Mecum : Kissimmee
1965 Superformance Shelby Cobra Replica
Sold for $91,300
2021 Mecum : Kissimmee
1947 Ford Mercury
Chassis#:C18BF14303
Sold for $91,602
2020 Webbs : Collectors' Cars, Motorcycles & Automobilia
1987 Ferrari 328 GTS
Sold for $91,300
2020 Mecum : Indy Fall Special
1969 Dodge Hemi Super Bee Coupe
Sold for $91,300
2020 Mecum : Indy Fall Special
1997 TOYOTA SUPRA ANNIVERSARY EDITION
Chassis#:JT2DE82A8V0038857
Sold for $91,300
2020 Barrett-Jackson : Fall Auction
1959 Ford Fairlane 500 Galaxie Skyliner
Sold for $90,750
2020 Mecum : Dallas
1994 LANCIA DELTA HF INTEGRALE EVO 2 'GIALLO GINESTRA'
Chassis#:ZLA831AB000585245
Sold for $90,694
2020 Bonhams : The Bonmont Sale
1982 FERRARI 400I CABRIOLET BY PAVESI
Chassis#:ZFFEB07B000044673
Sold for $91,954
2020 Bonhams : The Bonmont Sale
2015 MERCEDES-BENZ G55 AMG 4X4
Chassis#:WDCYC7AF6BX189280
Sold for $90,694
2020 Bonhams : The Bonmont Sale
1963 Chevrolet Corvette Sting Ray 'Split-Window' Coupe
Chassis#:30837S100219
Sold for $91,850
2020 RM Sothebys : Auburn Fall Auction
1937 Cord 812 Supercharged Phaeton
Chassis#:825
Sold for $90,750
2020 RM Sothebys : Auburn Fall Auction
1954 Jaguar XK 120 Roadster
Chassis#:S 674921
Sold for $91,300
2020 RM Sothebys : Auburn Fall Auction
1974 Jaguar E-Type Series 3 V-12 Roadster
Chassis#:UE 1S 23367
Sold for $91,758
2020 RM Sothebys : Open Roads, The European Summer Auction

Vehicle Profiles

Chassis information for the Chevrolet Corvette C1
1954 Roadster
Engine Num: 0273609F54YG

Chassis information for the Chevrolet Corvette C1
1954 Roadster
Chassis Num: E54S001010
Engine Num: 3835911-0057980F54YG

Chassis information for the Chevrolet Corvette C1
1954 Roadster
Chassis Num: E54S004221
Engine Num: 0769197F54YG

Chassis information for the Chevrolet Corvette C1
1956 Convertible
Chassis Num: E56S002548
Engine Num: 04355082F56GR
Chassis information for the Chevrolet Corvette C1
1956 Convertible
Chassis Num: E56S003291
Engine Num: 0525707F56GV

Chassis information for the Chevrolet Corvette C1
1957 Roadster
Chassis Num: 1240
Chassis information for the Chevrolet Corvette C1
1957 Roadster
Chassis Num: 6338

Chassis information for the Chevrolet Corvette C1
1957 Roadster
Chassis Num: E57S 105176
Engine Num: F612EL
Chassis information for the Chevrolet Corvette C1
1957 Roadster
Chassis Num: E57S 105626
Engine Num: F424 EG VC

Chassis information for the Chevrolet Corvette C1
1960 Convertible
Chassis Num: 00867S 100662
Engine Num: FO802CU

Chassis information for the Chevrolet Corvette C1
1960 Convertible
Chassis Num: 00867S 103675
Engine Num: T0919D
Chassis information for the Chevrolet Corvette C1
1960 Convertible
Chassis Num: 00867S101160
Engine Num: 3756519

Chassis information for the Chevrolet Corvette C1
1960 Convertible
Chassis Num: 00867S108726
Engine Num: 3756519

Chassis information for the Chevrolet Corvette C1
1961 Convertible
Chassis Num: 10867S105619
Engine Num: 1105619

1959 Chevrolet Corvette C1

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Other Chevrolet Corvette C1 model years


Vehicle information, history, And specifications from concept to production.
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