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Vicari Biloxi 2012 – Auction Results

1969 Chevrolet Corvette M Code
1969 Chevrolet Corvette sold for $152,000

The 16th annual Vicari Biloxi Auction was held October 12-13, 2012, at the Mississippi Coast Coliseum and Convention Center in Biloxi, Mississippi, resulting in total sales of $3.4 million.

More than 300 vehicles crossed the block during the 2012 Vicari Biloxi Auction, with the top result going to the numbers-matching 1969 Chevrolet Corvette that hammered sold for $152,000. The Corvette featured a prototype M coded engine block built by General Motors. There are 12 total known M coded Corvettes, and this vehicle is one of only two known produced in 1969. This M39 coded Corvette has a 350 HP small block engine, power windows, power brakes, A/C and a tilt telescope steering wheel.

“We strive to create an entertaining and customer-focused environment for collector car enthusiasts, and this year’s record-breaking Biloxi Auction delivered just that,” said President Pete Vicari. “It featured the most cars we’ve ever offered in Biloxi, and sales increased over last year’s event by more than $1 million. Plus, we had the pleasure of hosting Mississippi Governor Phil Bryant, who owns a classic car himself! We are excited to continue consigning high-quality vehicles that enthusiasts desire.”

Vicari Biloxi 2012 – Top Ten Auction Results (does not include 8% buyer’s premium)

1. 1969 Chevrolet Corvette with M Code Engine (Lot S901) – $152,000
2. 1964 Chevrolet Corvette Resto Mod (Lot S490) – $124,000
3. 1970 Mustang Mach 1 Super Cobra Jet (Lot S373) – $84,000
4. 1961 Chevrolet Corvette Coupe (Lot S371) – $84,000
5. 1953 Buick Skylark Convertible (Lot S902) – $82,500
6. 2012 Jaguar XJL Supercharged Four Door (Lot S339) – $80,000
7. 1959 Chevrolet Corvette (Lot F80) – $66,000
8. 1968 Ford Mustang Fastback (Lot S350) – $65,000
9. 1934 Ford Two Door Sedan (Lot S361) – $64,000
10. 1970 Plymouth Roadrunner (Lot S903) – $60,000

The next Vicari Auction will feature more than 200 classic and muscle cars during the 3rd annual New Orleans Classic Auto Festival December 1, 2012, at Mardi Gras World in New Orleans, Louisiana.

For more information, visit www.vicariauction.com or phone 504.875.3563.

[Source: Vicari Auction Company]