Original 427: 1969 Chevrolet Corvette

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This 1969 Corvette opens a world of possibilities to its new owner. It is a solid and unmolested classic that could be driven and enjoyed following some mechanical attention. Alternatively, it could be an excellent restoration candidate and a hot option for someone considering a hands-on approach. Adding to its appeal is a mechanical combination promising neck-snapping performance. The seller listed the ‘Vette here on eBay in Saint Joseph, Minnesota. Reasonable bidding has pushed the price beyond the reserve to $25,900.

This Corvette rolled off the line resplendent in Riverside Gold, and the seller believes it retains most of its original paint. If the new owner wishes to maintain the car as a genuine survivor, its overall appearance makes that approach viable. Otherwise, applying a fresh coat should be straightforward due to the lack of significant fiberglass issues. The good news continues under the car, with the frame appearing rock-solid. There is surface corrosion, and potential buyers in wetter locations may consider addressing this before it deteriorates. Potentially troublesome items like the headlamps and wiper door function as they should, while the trim, Rally wheels, trim rings, and center caps look fine for a driver-grade vehicle. This Corvette features tinted glass, and there is no evidence of problems.

The original owner ordered this classic with its interior trimmed in Saddle vinyl, which still presents acceptably for a survivor. The most glaring fault is wear in the carpet, and replacing it would lift the interior substantially. The seats need a deep clean, but the remaining upholstered surfaces and plastic have survived well. The paint on the steering column is heavily scratched. However, spending a few dollars and some time addressing that issue would be worth the effort. The dash looks nice, and there are no visible aftermarket additions. Although it isn’t weighed down with luxury appointments, the original owner splashed $172.75 on an AM/FM radio and $84.30 on a tilt/telescopic wheel.

We’ve reached the point with this Corvette where things become slightly complicated. The seller indicates that this classic retains its original mechanical components apart from one cylinder head. It rolled off the line with a 427ci V8, a four-speed manual transmission, power steering, and power brakes. This is the L36 version of the big-block, which sent 390hp to the road to produce a ¼-mile ET of 13.8 seconds and a top speed of 150mph. Those are respectable numbers in today’s performance world, but they marked this car as one deserving of respect in 1969. The seller states that while this ‘Vette runs and drives, it shouldn’t be considered roadworthy. It seems a couple of lobes are beginning to wipe from the camshaft. Once they start, they tend to deteriorate rapidly. There is also a water leak somewhere around the top end, although they don’t believe this indicates a cracked engine block or cylinder head. It would be wise to factor the cost of a rebuild into the budget because while it may not prove necessary, it is best to prepare for the worst.

Considering this Corvette’s physical condition and specifications, I am surprised that it has only received eleven bids. It may be that potential buyers are unwilling to show their hand until late in the auction process, meaning bidding could accelerate as the end draws near. It is also possible that a few are worried about the question mark hanging over the engine. If the problems prove irreparable, replacing the big-block could add significantly to the build cost. Do you think that is the case, or are interested people biding their time?

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Comments

  1. alphasudMember

    Rebuilding a 427 is not cheap and the potential of having a bad engine block is even more troublesome. There is a lot you can do to fix a block but be willing to spend more. Also color combination might be another factor in the current bid frequency. If I were to have gold it would have to be War Bonnet with a black leather interior.

    Like 3
  2. Ike Onick

    Jan 10 2023 posting. You guys need a quality control manager

    Like 2
  3. TorinoSCJ69

    Pre-roller cam, hydraulic flat tappet Cam lobes and lifters wipe when owners use new/current synthetic or conventional without the zinc /ZDDP to cushion the cam-lifter pressure.

    Happens more than you would think; these older pre-roller tappet engines need 1,400 ppm ZDDP minimum.

    It is the additives: I run 2,000 ppm.
    Brutal lesson to learn.

    Blackstone Labs offers kits to diagnose ypur oil for $30.

    GLWTS.

    Like 2
    • Terrry

      You would rebuild it with a roller cam and lifters, a rebuild is what this motor needs.If the block is damaged putting in a new crate motor would be the safest way to go. I’d keep the old block just for the record if it’s numbers matching.

      Like 2
  4. Terrry

    That gold color floats my boat on this car. I wouldn’t buy it as an investment, I’d get it up to snuff mechanically and drive it!

    Like 3
  5. Maggy

    Hmmm.1 cylinder head was replaced.thinks there is a top engine water leak? Thinks there are worn cam lobes? Thinks the block isn’t cracked.That’s a lot of thinking without any answers especially for a car of this calibre. The l36 427 is a great street strip engine.I still have the original one in my 68 ss z24 z03 and she runs strong.

    Like 2
  6. Maggy

    All I run is Valvoline zr1 in the old flat tapper car I have. Yup ZDDP is definitely needed in these cars. If I ever had it Rebuilt I’d go roller cam for sure.

    Like 3
    • Maggy

      Oops…I meant VR1.

      Like 2
      • TorinoSCJ69

        Maggy, i will look into the VR1.

        Been using the Driven HR1 on my FE bb Ford.

        I just had my engine rebuilt with flat tappet hydraulic and paid extra for cam break in, dyno: that would NOT have been necessary or the need thereafter for ZDDP if I had invested in roller tappets and cam. Nice idle even with more aggessive profile in roller set up I hear.

        In the 60’s and 70’s, oil had the zinc to cushion. Does not take long to wipe and destroy the cam lobes.

        Love that 427 here, baby!

        Like 1
  7. george mattar

    Seller is correct, hard to find any Corvette with A.I.R. present. Appears very solid underneath. Riverside Gold my favorite 69 color. Car also has tilt/tele, he didn’t mentioned. Those columns alone today are $1,200 and up. I have a 73 Corvette and use Brad Penn oil with zinc, and still add ZZDP. Those cams are like tin foil.

    Like 0

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