New Hamburg, ON, Canada, December 18, 2022 — A bright red 1963 Chevrolet Corvette coupe with the rare and highly desirable split rear window roared off for $129,800 in an online-only Automobiles, Advertising & Toys auction held December 3rd by Miller & Miller Auctions, Ltd. The runner-up lot was a 1940s double-sided porcelain Chrysler Plymouth Fargo dealer sign that made $29,500.
Prices quoted are in Canadian dollars and include an 18 percent buyer’s premium.
All 241 lots in the sale were from the lifetime collection of the late Gary Archer, a collector who aggressively sought out gas pumps, petroliana advertising, automobilia, soda signs and old toys. “The family reflected on what Gary paid for certain pieces. It was like winning the lottery,” said Ethan Miller of Miller & Miller Auctions, Ltd. “Overall the auction was seen as a great success.”
Mr. Miller said that as the market for petroliana (gas station collectibles) matures, buyers are becoming increasingly more sophisticated. “The results in this auction showed that rarity and condition are trending as the most important predictors of price,” Miller observed. “While the top 20 percent crushed our highest expectations, the more common material was flatlined at best.”
Auto buffs are familiar with the ’63 ‘split-window’ as one of the most rare and coveted Corvettes out there. Mr. Archer imported his from the U.S. in 1983 and stored it away as an investment in a dry, heated garage. Prior to that, the car received a cosmetic restoration that included a color change to red and many interior upgrades. The car more than doubled its $60,000 high estimate.
To learn more about Miller & Miller Auctions, Ltd. and the firm’s upcoming sales, please visit www.millerandmillerauctions.com.