1969 Corvette ZL1 Market Moment

I was hoping John Maher’s 1969 Corvette ZL1 would set the record for highest Corvette sale at auction. $3 million Ferraris are almost expected at auctions today, yet Corvettes rarely break seven figures, much less $3m. But the 1969 ZL1s are shrouded in mystery — it was known two were built but with Maher’s one-of-a-kind ZL1 automatic convertible the total is clearly three. In the end this Corvette broke the $3m mark but did not set the record, two 1967 L88 Corvettes sold for more in the past, but it is now the highest priced C3 Corvette ever and certainly worth every penny. You can read all about it in the Market Moment I wrote in the May issue of Sports Car Market magazine, which will be published in a few weeks.

John Maher’s 1969 Chevrolet Corvette ZL1 Convertible courtesy of RM Sotheby’s