Sports & Classics of Monterey

12 - 14 August 2010

FRI

Lot 239

1953 Chevrolet Corvette Series 2934 Convertible

To be auctioned on Friday, August 13, 2010

Sold for $220,000

  • Chassis no. E53F001199
History is important to us, and all lots offered are fully researched. All corresponding information and accessories, from certificates to tool kits, stays with the lots we sell. All of this is held at our library on site, under the Access the Knowledge banner, so please visit us there or contact us before the auction if you require further information.


150 bhp, 235.5 cu. in. “Blue Flame” inline six-cylinder engine, three one-barrel Carter carburetors, Powerglide two-speed automatic transmission, independent front suspension with unequal-length A-arms and coil springs, live rear axle with semi-elliptic leaf springs, and four-wheel hydraulic drum brakes. Wheelbase: 102"

- From the estate of Mr. John M. O'Quinn
- One of just 300 examples from 1953
- The landmark first Corvette design

From the start, the Chevrolet Corvette was truly unique. Based on the EX-122 concept car of 1952, the Corvette remains one of the few GM Motorama designs with their show-car styling virtually unmodified for production. Its early-1953 introduction in the ballroom of New York’s Waldorf=Astoria drew over 300,000 spectators, and it entered production just five months later.

The legendary Harley Earl, Vice-President (Design) of General Motors, was the father of the sensational new Corvette. Other notable GM personalities involved with the Corvette project included Bob McLean, Maurice Olley, Ed Cole and, shortly before production began, Zora Arkus-Duntov.

Although the Corvette was to be built using mostly production-based parts and eventually switch to steel bodywork, it just did not happen. Even the way Corvettes were assembled was different, as the new sports cars were assembled by small groups of technicians. By the time the Corvette was ready for introduction, it was reported that GM had spent over $1.5 million on the project, a relative bargain by today’s standards!

This first-year example is one of an estimated 200 survivors out of total 1953 production of just 300 units. It remained original and unrestored until 2004, before coming out of Mississippi, being restored and joining the collection of the late Mr. John O’Quinn in September 2007, where it has enjoyed proper care and storage ever since. According to a recent inspection, it remains quite good in overall presentation, despite minor cosmetic imperfections. Finished in a Polo White/Sportsman Red color combination, the same as all other 1953 Corvettes, the car also features a black folding top, an AM radio and whitewall tires.

As the classic American sports car is now in its sixth generation, the very rare first-year examples continue to be highly collectible and desirable. This particular 1953 Corvette is certainly in a class all its own.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alain Squindo


Detroit, Michigan

Alain Squindo joined RM Auctions in 2007, after graduating from Georgetown University in Washington, D.C., with a degree in History. R... read more

Alex Classick

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United Kingdom

Alex Classick joined RM Europe in 2011 as a car specialist, after graduating from Nottingham University with a degree in Business Mana... read more

Alexander Weaver

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California, USA

Alexander Weaver joined RM Auctions in 2011 as a car specialist, after graduating from Furman University in South Carolina. Born into ... read more

Annette Abaci

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Germany

With post-secondary degrees in Economic Science and Mechanical Engineering, Annette Abaci initially worked part-time at Mercedes-Benz ... read more

Augustin Sabatié-Garat

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United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a senior car specialist, after more than a decade in the collector car hobby... read more

Dan Warrener

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Ontario, Canada

Possessing a degree in Economics from Brandon University, Dan Warrener spent the initial stages of his career working around the globe... read more

Don Rose

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United States

Don Rose joined RM Auctions in 2006, after many years of professionally trading sports and classic cars, and after earning a reputatio... read more

Donnie Gould

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Florida, USA

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

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Ontario, Canada

Gord joined RM Auctions in 1998, initially responsible for the transportation and logistics of the company’s auction and restora... read more

Ian Kelleher

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New York, United States

Ian Kelleher began his automotive career immediately following his graduation from Oberlin College, with a B.A. in Politica... read more

Jack Boxstrom

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Ontario, Canada

Jack Boxstrom joined RM Auctions in late-1996 to assist with the recently acquired, and subsequently record-breaking, auction in Monte... read more

Max Girardo

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United Kingdom

Max Girardo started his career in the vintage automobile industry in 1998, joining Brooks Auctioneers (now Bonhams) as a car specialis... read more

Mike Fairbairn

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Ontario, Canada

As one of the three founding partners of RM Auctions, Mike Fairbairn has a longstanding interest in the classic car industry. Graduati... read more

Peter Wallman

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United Kingdom

Peter Wallman joined RM Europe in 2007, following nearly two decades in the international advertising industry, read more

Peter Giddings

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+1 925 831 2048
California, United States

A life-long car enthusiast, Peter joined RM’s California office with over half a century of experience in the automotive and rac... read more

Peter Blond

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United Kingdom

Peter Blond joined the RM Europe team in 2013 after being immersed in the collector car industry for more than 60 years. An... read more

Rob Myers

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Ontario, Canada

As chairman and founder of the RM Group of Companies, Rob Myers’s entire career has been devoted to the classic car industry. Ro... read more

Shelby Myers

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California, USA

Shelby Myers literally grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to w... read more

Vinnie Mandzak

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California, USA

Vinnie Mandzak joined RM Auctions’ California office in 2012 as a car specialist, following more than 30 years’ experience... read more

Jeff Whiteside

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Ontario, Canada

Jeff Whiteside joined RM Auctions as Chief Operating Officer and Chief Financial Officer following almost three decades in a diverse r... read more