Disclosure: This site may receive compensation when you click on some links and make purchases.

1-of-120: 1955 Chevrolet Corvette

Things weren’t altogether rosy in the garden for the Chevrolet Corvette in 1955. Although it finally received the V8 under the hood it deserved, sales results fell far short of the company’s expectations. However, Chevrolet chose to soldier on, and the Corvette has remained a part of the new car landscape ever since. This 1955 ‘Vette presents superbly following a meticulous restoration. It received a brief moment of public glory once the work ended and remains in as-new condition. The owner feels the time is right for it to find a new home. They have listed it here at Mecum Auctions, where it is set to go under the hammer in Kissimmee, Florida, on Friday, January 13th, 2023. You will probably be unsurprised to learn that the auctioneers consider it one of the stars of the sale. I must say a big thank you to Barn Finders Larry D and Brooks for spotting this stunning beauty.

When Chevrolet released the Corvette in 1953, buyers could order one in any color they liked…as long as it was Polo White. It added an additional three for the following year and expanded the range to five shades in 1955. This ‘Vette is 1-of-120 ordered in Harvest Gold which ranked third among buyers. The owner recently treated it to a meticulous restoration, dropping an eye-watering $150,000 in the process. Its presentation is impossible to fault, which is hardly surprising considering it has accumulated a mere 166 miles since the work ended. The paint shade is complemented by a Dark Green Kennedy soft top. The chrome looks beautiful, and the glass is flawless. The original wheels and hubcaps look perfect, wrapped in wide whitewall tires. I mentioned this car having a brief claim to fame, which occurred shortly after the owner finished the build. Former New York Governor Andrew Cuomo drove this car across the Governor Mario M. Cuomo Bridge during its official opening on August 24th, 2017. The Corvette received coverage in both the electronic and print media, and I found this shot of the journey courtesy of Flickr.

The company’s drivetrain choice was one of the harshest criticisms leveled at the Corvette during its first two years of production. As a genuine sports cars, buyers expected a V8 backed by a manual transmission. Many felt the 235ci Blue Flame six and two-speed Powerglide transmission didn’t cut the mustard. The situation remained unchanged in 1954, with the ‘Vette finally receiving the V8 it deserved in 1955. Buyers could still order their car with the Blue Flame, but only seven made that choice. The V8 in question was the 265ci unit, producing 195hp. Early cars received the Powerglide transmission, with seventy-five ticking the box beside the three-speed manual that appeared later that year. This car features the auto, and it is fascinating to analyze the difference the new motor made. The Corvette six took 18.1 seconds to cover the ¼-mile. Slip behind the wheel of the 265, and the time dropped to 16.6 seconds. It is unsurprising that it also raised the top speed from 102mph to 120mph. It’s easy to see why so few selected the less powerful option. The engine bay presents as impressively as the rest of the vehicle. Although the owner provides no information about how it runs or drives, it would be fair to expect mechanical perfection.

The seller continued focusing on the details when they attacked this classic’s interior. It is trimmed in a combination of Yellow and Dark Green, and it appears perfect. With only 166 miles showing on the odometer, it hasn’t had the opportunity to develop any wear or other issues. Although the company considered them options, every ’55 Corvette received directional signals, windshield washers, a heater, courtesy lights, a parking brake alarm, aluminized exhaust, and a Wonderbar radio. Everything works as it should, and all the new owner needs to do is slip behind the wheel and enjoy all this classic has to offer.

History shows that the fact the Corvette survived beyond 1955 was more a matter of company pride than a sound marketing decision. Chevrolet only sold 700 examples of the ‘Vette during that year, a massive drop compared to 1954. Although it never considered it a direct competitor, Ford’s ability to sell 16,155 Thunderbirds during the same year demonstrated that a market existed for a V8-powered two-seat drop-top. Had the Thunderbird failed, it is almost certain that the Corvette would have followed it into the pages of automotive history. However, that didn’t happen, with the Corvette soldiering on long after the T-Bird became a distant memory. Considering its overall condition, I expect the bidding on this car to quickly sail into six-figure territory, with recent sales results suggesting it will probably pass $165,000. That’s a bit rich for me, but would you be tempted to pursue it further as a long-term investment? If you do, I’d like to wish you good luck.

Comments

  1. Harvey Harvey Member

    What were they thinking when they ordered this color combination?

    Like 6
    • Milt

      I think it is absolutely beautiful, but then I am color blind.

      Like 9
    • Jon,in.Chico

      In 1983 I had a customer who ordered an Eldorado with yellow outside color, green vinyl top, and green leather interior and carpet … he had to put down a $5000 deposit in case we had to change the colors … but, the car he was driving was the same color combination so we weren’t so reluctant to order it …

      Like 1
    • Robert

      That color combo, body with green rag top is one big turnoff to me. The interior colors are a big turn off to me too. If the owner put $150 thousand dollars into the restoration, I personally find it hard to believe that someone would pay anything near that price. It’s not a pretty sight.

      Like 4
    • Hound59

      They weren’t…

      Like 0
    • John Traylor

      I hate yellow and with the green top just makes it worse.

      Like 0
  2. Rex Kahrs Rex Kahrs Member

    The seats etc. would look better if they were the dark green color.

    Like 5
  3. Rick Norman

    thats a paint combination only a John Deere fan could love

    Like 16
    • Tbone

      Maybe a Packers fan?

      Like 6
    • Gary

      No, JD green and yellow are complimentary, this abortion of colors is horrendous. Beautiful restoration, as
      $250k should be, but should have painted it any other color. A old boss of mine had a blue one with beige interior and top and it was gorgeous.

      Like 3
  4. Camaro Joe

    The color combination would also appeal to a Green Bay Packers fan.

    Like 4
  5. 370zpp 370zpp Member

    Instead of the dark green Kennedy soft top, a better color choice would have been the lesser-known Nixon crimson red.

    Like 6
  6. SirRaoulDuke

    That’s ugly as sin…I love it.

    Like 0
  7. gaspumpchas

    Sure ruined it for me when the said that Andrew cuomo drove it. Wonder if they ever got the stink out of it after he drove it??

    Taxed to death in New Yawk state.
    GPC

    Like 10
  8. Jack Quantrill

    In 82 years, I’ve only seen one this color. In South Gate, CA, around 1958.

    Like 1
  9. Casey Andersen Member

    I had #643. It was gypsy red with ivory interior. Beautiful car. Wish I had it back.

    Like 2
    • Larry D

      @CaseI Andersen
      I owned #541. It was Polo White with Gypsy Red interior.

      Like 2
  10. Larry D

    It’s a beautiful car with the top down but with it up, it looks like an advertisement for John Deere.

    Like 3
  11. Panther1000

    Beautiful example….but $150,000 to restore what is essentially a fibreglass kit car?

    Gee, the body shop and the mechanic saw this one coming. My one-off 1959 Eldorado Biarritz costs far less than that for a total restoration including rebuilding all the rare options this car does not have – autronic eye, air conditioning, cruise control, power steering, clock, power window motors, auto trunk release, power top rams and motor, power seat (driver) etc…then there’s the acres of chrome in a ’59, the stainless steel trim repairs and buffing….all these little extra add up, but not even close to $150,000.

    No offence to ’53 – ’55 ‘vette owners. I used to own a 1954 Corvette. Paid $13,000 for a restorer with quite a few trim bits missing which I had to source. The frame off restoration total cost was $40,000 (in Australia) where parts are non-existent and need to be flown in from the States.

    The supposed restoration cost can’t be factored in the buying price (even if true), as a car is worth what someone is prepared to pay for it. Plenty of people did their dough pumping too much money into a car and needing to sell without recovering costs. If this car cost $150,000 to restore, I’m setting up a resto shop in the States.

    Like 0
  12. Joel Hill

    Wow, that’s horrible. Bright Chevy orange and a blue top a better option. Possibly Brown with a red top more appealing. Brown and Orange anyone? See I two can coordinate hideous colors for a Corvette. Near stuff!

    Like 0
  13. Phipps

    Incredible color combination. Never, ever seen that together

    Like 0
  14. Poncho

    Nice car…except it is yellow with a green top. Rarity aside, I think the color combo would burn my retinas.

    Like 0

Leave a Reply to Rex Kahrs Cancel reply

RULES: No profanity, politics, or personal attacks.

Become a member to add images to your comments.

*

Get new comment updates via email. Or subscribe without commenting.