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	<title>tMichaelis Corvette Perspective &#187; Corvette Historical Facts</title>
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	<description>News and opinions from 38 years of Corvette scholarship</description>
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		<title>57 years ago today&#8230;</title>
		<link>http://tmichaelis.com/archives/184</link>
		<comments>http://tmichaelis.com/archives/184#comments</comments>
		<pubDate>Wed, 30 Jun 2010 14:56:52 +0000</pubDate>
		<dc:creator>Waisner</dc:creator>
				<category><![CDATA[Classic Corvettes]]></category>
		<category><![CDATA[Corvette Historical Facts]]></category>
		<category><![CDATA[Corvette Top Tens]]></category>
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		<description><![CDATA[The Corvette was born! June 30th, 1953 in Flint, Michigan, our national love affair with the Corvette began and continues to grow as we near the car&#8217;s 6th decade. Let&#8217;s all lift our glasses to another 57 years!! Keith at CorvetteBlogger has some neat vintage shots and more information on the Corvette&#8217;s first days.]]></description>
			<content:encoded><![CDATA[<p><em>The Corvette was born! </em></p>
<p>June 30th, 1953 in Flint, Michigan, our national love affair with the Corvette began and continues to grow as we near the car&#8217;s 6th decade.</p>
<p>Let&#8217;s all lift our glasses to another 57 years!!</p>
<p>Keith at <a title="Corvette's turns 57" href="http://www.corvetteblogger.com/2010/06/30/happy-birthday-corvette-iconic-american-sports-car-turns-57-today/" target="_self">CorvetteBlogger</a> has some neat vintage shots and more information on the Corvette&#8217;s first days.</p>
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		<title>The Corvette Still Reigns Supreme&#8230;</title>
		<link>http://tmichaelis.com/archives/113</link>
		<comments>http://tmichaelis.com/archives/113#comments</comments>
		<pubDate>Sun, 18 Oct 2009 18:41:28 +0000</pubDate>
		<dc:creator>Waisner</dc:creator>
				<category><![CDATA[Classic Corvettes]]></category>
		<category><![CDATA[Corvette Buying 101]]></category>
		<category><![CDATA[Corvette Historical Facts]]></category>
		<category><![CDATA[Corvette Market]]></category>

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		<description><![CDATA[The Corvette Still Reigns Supreme&#8230; and a recent survey by Hagerty says just that. The Michigan insurance company asked its clients which American sports car they couldn&#8217;t live without and the Corvette won hands down. The Corvette is synonymous with America&#8217;s car culture and it continues its popularity in dealer showrooms, classic car shows, and [...]]]></description>
			<content:encoded><![CDATA[<p>The Corvette Still Reigns Supreme&#8230; and a recent survey by Hagerty says just that. The Michigan insurance company asked its clients which American sports car they couldn&#8217;t live without and the Corvette won hands down. The Corvette is synonymous with America&#8217;s car culture and it continues its popularity in dealer showrooms, classic car shows, and in garages worldwide. Hagerty&#8217;s survey only confirmed what we already knew, the Corvette is still the one. For those keeping score, number two was the Ford Mustang followed by the Dodge Challenger. Check out the complete list at <a href="http://www.hagerty.com/lifestyle/hobby_article.aspx?id=45330" target="_blank">hagerty.com/corvettenumber1</a>.</p>
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		<title>The ZR-1 (1970-&#8217;72) Street Legal Racer&#8230;</title>
		<link>http://tmichaelis.com/archives/67</link>
		<comments>http://tmichaelis.com/archives/67#comments</comments>
		<pubDate>Fri, 19 Sep 2008 16:01:56 +0000</pubDate>
		<dc:creator>Waisner</dc:creator>
				<category><![CDATA[Classic Corvettes]]></category>
		<category><![CDATA[Corvette Buying 101]]></category>
		<category><![CDATA[Corvette Historical Facts]]></category>
		<category><![CDATA[Corvette Top Tens]]></category>
		<category><![CDATA[buying market]]></category>
		<category><![CDATA[classic car community]]></category>
		<category><![CDATA[corvette]]></category>

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		<description><![CDATA[In 1970 Chevrolet Corvette introduced to the racing world a new street legal racing machine. The racer was dubbed the ZR-1. Production was limited to 1970, &#8217;71, and &#8217;72. Altogether for the three years, ZR-1 Corvettes totals 53 cars; 25 were produced in 1970, 8 in 1971, and 20 in 1972. Racers saw the natural [...]]]></description>
			<content:encoded><![CDATA[<p>In 1970 Chevrolet Corvette introduced to the racing world a new street legal racing machine. The racer was dubbed the ZR-1. Production was limited to 1970, &#8217;71, and &#8217;72. Altogether for the three years, ZR-1 Corvettes totals 53 cars; 25 were produced in 1970, 8 in 1971, and 20 in 1972. Racers saw the natural roll bar effect of the coupe as a safety advantage and, as a result, there are few convertibles.</p>
<p><strong>What is a ZR-1 Corvette? </strong>A ZR-1 Corvette is an LT-1 equipped Corvette produced in 1970, &#8217;71, or &#8217;72. ZR-1&#8242;s were specially equipped with all the heavy duty racing equipmentÂ  that had previously been used on the L-88 Corvettes of 1967, &#8217;68, and &#8217;69.Â  The only other Corvettes to receive this special group of heavy duty racing equipment in a package were the ZR-2 in 1971. The ZR-1 included the LT-1 engine, M-22 transmission, heavy duty J56 power brakes, transistorized ignition, special aluminum radiator, and special springs, shocks, and front and rear stabilizer bars.</p>
<p><strong>ZR-1 identification features: </strong>(1) LT-1 engine, suffix CTV-1970, CGY-1971, or CKY-1972, (2) J-56 heavy duty brake package with dual pin front brake calipers (power), (3) F-41 heavy duty suspension package, 7 leaf rear spring, heavy duty shock absorbers, heavy duty 5/8&#8243; front sway bar and heavy duty rear spindle struts, (4) M-22 (rockcrusher) transmission, (5) large aluminum radiator with expansion tank (no other LT-1 equipped car has an expansion tank), (6) steel fan shroud, other than 1972&#8242;s (most), (7) radio delete (no fenders drilled for antenna). The ZR-1 package could not be ordered with any creature comforts, ie: air conditioning, power windows, power steering, radio, alarm system, rear window defroster, or special trim items like P02 wheel covers.</p>
<p>The ZR-1 cars are the rarest small block Corvettes ever produced. The most common ZR-1 (the 1970) has only 5 more than the rarest L-88 (1967 &#8211; 20 units total). The ZR-1 cars are about five times rarer than L-88 cars.</p>
<p>You can see a pair of ZR-1&#8242;s Go to: 1970 &#8211; <a href="http://www.proteamcorvette.com/cars/NSN-CG270.htm" target="_blank">NSN-CG2</a> or <a href="http://www.proteamcorvettes.com//cars/241Z.htm" target="_blank">1972 &#8211; 241Z</a></p>
<p><strong>note: </strong>portions of this article were taken from <a href="http://vette-vues.com/" target="_blank">Vette Vues Magazine</a></p>
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		<title>Terry&#8217;s B-List (The Affordables)</title>
		<link>http://tmichaelis.com/archives/62</link>
		<comments>http://tmichaelis.com/archives/62#comments</comments>
		<pubDate>Fri, 21 Mar 2008 19:29:52 +0000</pubDate>
		<dc:creator>Waisner</dc:creator>
				<category><![CDATA[Classic Corvettes]]></category>
		<category><![CDATA[Corvette Buying 101]]></category>
		<category><![CDATA[Corvette Historical Facts]]></category>
		<category><![CDATA[Corvette Market]]></category>
		<category><![CDATA[Corvette buying]]></category>
		<category><![CDATA[Corvette collector]]></category>
		<category><![CDATA[Corvette HIstory]]></category>
		<category><![CDATA[Corvettes]]></category>

		<guid isPermaLink="false">http://tmichaelis.com/archives/62</guid>
		<description><![CDATA[1955 V-8 â€¢ 700 produced (7 Blue Flame Six; 693 with V-8&#8242;s) â€¢ values $125K to $350K 1957 Fuelie â€¢ 1,040 produced (RPO-684 HD racing suspension, 51 produced; RPO-579E air box, 43 produced) â€¢ value $250K up on the RPO-684/579E 1958-&#8217;62 Fuelies â€¢ RPO 684 + RPO 687 HD brakes + suspension; 884 produced in [...]]]></description>
			<content:encoded><![CDATA[<p><strong>1955 V-8</strong> â€¢ 700 produced (7 Blue Flame Six; 693 with V-8&#8242;s) â€¢ values $125K to $350K<br />
<strong>1957 Fuelie</strong> â€¢ 1,040 produced (RPO-684 HD racing suspension, 51 produced; RPO-579E air box, 43 produced) â€¢ value $250K up on the RPO-684/579E<br />
<strong>1958-&#8217;62 Fuelies</strong> â€¢ RPO 684 + RPO 687 HD brakes + suspension; 884 produced in all 5 years/177 per year â€¢ value $150K up (1958 RPO-684 are very special and more expensive)<br />
<strong>1958-&#8217;61 Dual Four</strong> â€¢ 245 hp and 270 hp â€¢ value $100K up<br />
<strong>1963 Fuelie Split Window</strong> â€¢ 1,300 prox. produced â€¢ value $100K up<br />
<strong>1965 Fuelie</strong> â€¢ last year fuelie (771 produced) â€¢ value $100K up<br />
<strong>1965 396-425 hp</strong> â€¢ first/last year for the 396 (only 2,157 produced) â€¢ value $100K up (M-22 adds $150K to $250K)<br />
<strong>1966 427-425 hp</strong> â€¢ 5,258 produced â€¢ #2 in top 40 fastest muscle car listÂ â€¢ value $100K up â€¢ 15 M-22 produced (adds $150K to $250K)<br />
<strong>1967 435 hp</strong> â€¢ 3,754 produced (popular then/popular now) â€¢ colors &amp; documentation is important &amp; rare â€¢ value $150K up<br />
<strong>1963-&#8217;67 Tanker</strong> â€¢ 63 &#8217;63&#8242;s produced, 38 &#8217;64&#8242;s produced, 41 &#8217;65&#8242;s produced, 66 &#8217;66&#8242;s produced, 2Â &#8217;67&#8242;s produced â€¢ values range $125K up â€¢ &#8217;63&#8242;s are hot and just try to find a &#8217;67 (probably $500K to $1 million)<br />
<strong>1967 400 hp/air/convt.</strong> â€¢ colors &amp; documentation is important â€¢ value $150K up<br />
<strong>1968/69 L-89</strong> â€¢ 624 1968&#8242;s/390 1969&#8242;s produced with aluminum head option â€¢ value $150k up<br />
<strong>1968/69 435 hp</strong> â€¢ 2,898 (&#8217;68) 2,722 (&#8217;69) produced â€¢ colors/documentation adds a lot â€¢ values $100K up<br />
<strong>1970 LT-1</strong> â€¢ 1,287 produced â€¢ value $60K up<br />
<strong>1971 LT-1</strong> â€¢ 1,949 produced â€¢ value $60K up<br />
<strong>1972 LT-1</strong> â€¢ 1,741 produced â€¢ value $60K up â€¢ add air and price soars especially convertibles (less than 50)</p>
<p><em>footnotes:</em><br />
A) must be the real deal&#8230; not fakes or frauds<br />
B) Colors (Black) adds a lot&#8230; must be real factory original body/trim tag<br />
C) Original documentation, history, and Bloomington/NCRS show awards adds a lot,br&gt;<br />
D) Original rare options adds a lot (set of Kelsey bolt-on wheels and red stripe tires sold on eBay in &#8217;07 for $33K)<br />
E) Original, unrestored in excellent condition adds a lot.<br />
condition based on #1 or #2<br />
F) Caveat Emptor (Buyer Beware). We are adrift in a sea of sharks disguised as mermaids.<br />
G) When it is time to sell&#8230; be a smart seller. High-profile events like the Barrett-Jackson and Mecum Muscle Car auctions will get you more money for your car than newspaper and trade publication advertisements. Plan ahead if youâ€™re considering selling your baby: seek good lot numbers (pay a premium if you must) and baby-sit your car during the event to answer questions and show pride in your car â€“ it is a reflection of you, and people simply pay more if they like the seller.<br />
A-E) Equals an overall package and desirables.</p>
<p><em>Much of information is based on writer&#8217;s personal knowledge and prices achieved at high profile public auctions.</em></p>
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		<item>
		<title>Terry&#8217;s A-List (When money is no object)&#8230;</title>
		<link>http://tmichaelis.com/archives/61</link>
		<comments>http://tmichaelis.com/archives/61#comments</comments>
		<pubDate>Fri, 07 Mar 2008 16:57:26 +0000</pubDate>
		<dc:creator>Waisner</dc:creator>
				<category><![CDATA[Classic Corvettes]]></category>
		<category><![CDATA[Corvette Buying 101]]></category>
		<category><![CDATA[Corvette Historical Facts]]></category>
		<category><![CDATA[Corvette Market]]></category>
		<category><![CDATA[Corvette Top Tens]]></category>
		<category><![CDATA[Corvette buying]]></category>
		<category><![CDATA[Corvette collector]]></category>
		<category><![CDATA[Corvette HIstory]]></category>
		<category><![CDATA[Corvettes]]></category>

		<guid isPermaLink="false">http://tmichaelis.com/archives/61</guid>
		<description><![CDATA[1963 GRAND SPORT â€¢ 5 produced â€¢ value $6 million and up (good luck)&#8230; none for sale 1969 ZL1 â€¢ 2 produced â€¢ value $3 million and up (good luck)&#8230; none for sale 1967 L-88 â€¢ 20 produced â€¢ value $1.5 million and up (good luck)&#8230; none for sale 1968/69 L-88 â€¢ 196 produced â€¢ [...]]]></description>
			<content:encoded><![CDATA[<p><strong>1963 GRAND SPORT</strong> â€¢ 5 produced â€¢ value $6 million and up (good luck)&#8230; none for sale<br />
<strong>1969 ZL1</strong> â€¢ 2 produced â€¢ value $3 million and up (good luck)&#8230; none for sale<br />
<strong>1967 L-88</strong> â€¢ 20 produced â€¢ value $1.5 million and up (good luck)&#8230; none for sale<br />
<strong>1968/69 L-88</strong> â€¢ 196 produced â€¢ value $350K to $750K (They are out there)<br />
<strong>1971 ZR2</strong> â€¢ 12 produced â€¢ value $350K to $650K (4 known to exist)<br />
<strong>1967 L-8</strong><span style="font-weight: bold" class="Apple-style-span">9</span> â€¢ 16 produced â€¢ value $450K to $750K (few known to exist)<br />
<strong>1953 BLUE FLAME</strong> â€¢ 300 produced â€¢ value $300K to $500K (VIN 003 sold for $1 million; VIN 005 sold $850K)<br />
<strong>1963 Z06/TANKER</strong> â€¢ 63 produced â€¢ value $275K to $400K (add for race history)<br />
<strong>1970-&#8217;72 ZR1</strong> â€¢ 53 produced â€¢ value $125K to $200K (few exist)<br />
<strong>1971 LS6</strong> â€¢ 188 produced â€¢ value $125K to $200K (not hard to find)</p>
<p><em>footnotes:</em><br />
A) must be the real deal&#8230; not fakes or frauds<br />
B) Colors (Black) adds a lot&#8230; must be factory original body/trim tag<br />
C) Original documentation, history, and Bloomington/NCRS show awards adds a lot<br />
D) Original rare options adds a lot <span style="font-style: italic" class="Apple-style-span">(set of Kelsey bolt-on wheels &amp; red stripe tires sold on eBay in &#8217;06 for $33K)</span><br />
E) Original, unrestored in excellent condition adds a lot.<br />
F) Caveat Emptor <span style="font-style: italic" class="Apple-style-span">(Buyer Beware)</span>. We are adrift in a sea of sharks disguised as mermaids.<br />
G) When it is time to sell&#8230; be a smart seller. High-profile events like the Barrett-Jackson and Mecum Muscle Car auctions will get you more money for your car than newspaper and trade publication advertisements.  Plan ahead if youâ€™re considering selling your baby: seek good lot numbers <span style="font-style: italic" class="Apple-style-span">(pay a premium if you must)</span> and baby-sit your car during the event to answer questions and show pride in your car â€“ it is a reflection of you, and people simply pay more if they like the seller.<br />
A-E Equals an overall package and desirables.<em> </em></p>
<p><em>Much of information is based on writer&#8217;s personal knowledge and prices achieved at high profile public auctions.</em></p>
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		<title>What has been written about the L-88 Corvette&#8230;</title>
		<link>http://tmichaelis.com/archives/55</link>
		<comments>http://tmichaelis.com/archives/55#comments</comments>
		<pubDate>Fri, 19 Oct 2007 20:10:38 +0000</pubDate>
		<dc:creator>Waisner</dc:creator>
				<category><![CDATA[Classic Corvettes]]></category>
		<category><![CDATA[Corvette Historical Facts]]></category>

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		<description><![CDATA[Racing improves the breed&#8230; The Mark IV&#8217;s development was a direct result of Chevrolet&#8217;s search for more performance than the W-series could find within unusual canted-deck, flat bottom cylinder head design. The secret of the Mark IV was its heads that angled the valves in two planes to create a semi-hemispherical combustion chamber with gently-curved [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Racing improves the breed&#8230;</strong></p>
<p>The Mark IV&#8217;s development was a direct result of Chevrolet&#8217;s search for more performance than the W-series could find within unusual canted-deck, flat bottom cylinder head design. The secret of the Mark IV was its heads that angled the valves in two planes to create a semi-hemispherical combustion chamber with gently-curved runners and efficient valve location. The ultimate development of the Mark IV big block was the L88 Corvette. Each engine was individually built, assembled, blueprinted and tested off-line in the Tonawanda engine factory.</p>
<p>The word on the L88 hardly got out in 1967 and only 20 were built. Awareness grew in 1968, when 80 were delivered, followed by 116 in 1969, the last year in production. The L88&#8242;s reputation far exceeded its exposure and these 216 Corvettes have become the most sought and valuable of all Corvettes. Many were raced, gathering laurels in North America and in Europe. Others were raced less formally on side streets and service roads.</p>
<p>Only 80 L88 Corvettes were built in 1968; the same number of 1968 Corvettes came with the M22 close ratio, heavy duty &#8216;Rock Crusher&#8217; transmission. Only 81 Corvettes with the J56 special performance brakes were built. PRO Export Preparation is so rare and unusual it doesn&#8217;t appear on published options lists for 1968 Corvettes.</p>
<p>Modern Corvettes boast blazing performance in their Z06 packages but their performance pales in contrast with this brutal, exhilarating 1968 and 1969 L88.</p>
<p>Buyers who lived in the right place, got along well with their Chevy dealer and knew the right codes and terminology could tailor their Corvette exactly to their liking and with just a little edge over even owners of comparably-powered Corvettes. One example of a tiny but significant advantage was &#8216;Export&#8217; cars which avoided some of the power-robbing and weight-adding emission control equipment. No car could better benefit from incremental improvements of export preparation than the L88 Corvette.</p>
<p>Built off-line in a corner of Chevrolet&#8217;s Tonawanda, NY engine factory, the L88&#8242;s attributes were legendary. It was Corvette&#8217;s answer to the Cobras and Ferraris, a full-bore racing engine that appeared on paper to be sufficiently unattractive than all but the well-informed, serious racers would overlook it. The L88 option appeared on Corvette&#8217;s option list as a 430hp version of the 427 cubic inch engine. In rating the L88, Chevy quit the dyno run well below the rpm where it had maximum torque, much less maximum horsepower. In actual fact every L88 cranked out 550 or so horsepower.</p>
<p>Every part was individually weighed, blueprinted, fitted. You didn&#8217;t get air conditioning with the L88 engine. You could get your L88 without emissions control equipment by specifying PRO if the ordering dealer and any watchful order processor upstream let it through.</p>
<p>Racing improves breed, but the old time sensations are bigger, better and more exciting.</p>
<p>**<strong>SOURCE:</strong> <em><a href="http://www.bonhams.com/us/" target="_blank">Bonhams &amp; Butterfields</a> Auction Catalog, Quail Lodge Resort &#038; Golf Club, Friday, August 17th, 2007</em></p>
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