March 16-18, 2012
1953 Chevrolet Corvette
The Tony Parella Corvette Collection
Lot No. 540
Auctioned on Saturday, March 17, 2012
Sold for $176,000
All 1953 Corvettes were convertibles with black canvas tops, Polo White with red interiors and built by hand. During the 1953 production year, 300 Corvettes were produced making the initial model the rarest Corvette; 255 are thought to still be in existence. This lot is the 64th Corvette built and properly finished in the original factory colors. The black cloth top is original. Only 157 miles have been driven since a frame-off restoration was completed recently. Listed as options, but fitted to all 1953 Corvettes were the heater and AM radio, as seen on this example. Side curtains come with the car, which is riding on Firestone Deluxe Champion whitewall tires. All Corvette power for 1953 was derived from a 235-cid, 150-hp six-cylinder engine coupled to a Powerglide automatic transmission.
The VIN on this rare and desirable Corvette is E53F001064.