Bloomington Gold L88

[John O.]

Just got back from Bloomington and thought this may interest some of you. The Krughoff/Burroughs 1967 L88 with 12 miles on the odo sold for $630,000. Many in attendence thought the price would be higher but bidding seemed to on the low side for this and several of the Top Flight/B.Gold cars. There were many "no sales" as bidding stalled. Bidding on Zora's EX-87 Mule Test Car peaked at $216,000...reserve was north of $300,000. The Mickey Thompson Z06 sold for $142,500 and I missed the bidding on Bunkie Knudsen's styling car. As always, this auction was plagued by the usual phony documented cars and other "scary" stuff.
John Osterholm

[Roger S.]

Re: Bloomington Gold L88

Actually the '67 L-88 coupe with 12 original miles and NOM sold for $615,000 to Roger Judski which most of you know as the owner of the only surviving '69
ZL-1. I happened to be standing next to him during the bidding and watched him as he started bidding at 575K. Wish I had that kind of cash!

[Kevin Whiteley]

I thought....

that both 69 ZL1's were found and are in different private collections. Does the yellow one, which was previously seized by the USG, belong to Roger Judski? While the white one belongs to Kevin Suydam?

[George C.]

Re: I thought....

Hi Kevin, Roger is the owner.>George

[Floyd Dossey]

Re: I thought....

Roger Judski owns the yellow 69 ZL1

[Brian Monticello]

Re: I thought....

He does. Check out the link below:




ZL1 article

[David W.]

Commission

Don't you also have to add 5-10% to the selling price to determine the true bidder's final cost? That's the usual case with most of the bigger auctions. That may explain the difference between the $615K versus $630 prices mentioned. But hey, at these numbers, who's counting.

[Gene M.]

Re: Bloomington Gold L88

Roger,
Are you sure this is a non original motor car with only 12 miles on it? It would not seem possible for anyting not to be original on a car that never saw pavement....

[Roger S.]

Re: Bloomington Gold L88

According to the description posted with the car, it was warehoused after purchase to be raced. The frame was painted white (don't know which part(s) of it and the original motor was removed and whereabouts unknown. Owner never was able to complete the project. Subsequent owner had an original spec L-88 motor built and installed in the car...the stamp pad is not stamped...and history is documented. The car still has original aircleaner in the hood and the original window sticker (at least whats left of it) on the driver window. So it is a real L-88 car with only 12 miles on the car...just not the original L-88 that came with it.

[Roger S.]

Re: Commission

I heard that any car over 400K did not have a commission charge? Selling price was definitely 615K.

[Chas Kingston]

Re: Bloomington Gold L88

AND,

I hear that the seller was quite disappointed. He was expecting One Million Dollars.

Geezer

[John S.]

Re: Bloomington Gold L88

Three year's ago at bloomongton I beleive the owner turned down $750,000.00. 12 miles? That car had more miles going backward's than it did going forward's to keep the 12 mile's on it.

[Duke W.]

Re: Bloomington Gold L88

I helped the original owner disassemble it and bought the TI that I ran on my SWC for several years and sold it to Burroughs in '87.

Duke

[Roger S.]

Re: Bloomington Gold L88

so where did the original engine go?

[Duke W.]

Re: Bloomington Gold L88

Don't know. I left Seattle a year after the car was delivered and lost touch with the original owner over the next few years. The next I heard about the car was the article in Corvette News circa 1977, and it was still in the same state as I had last seen it.

I do know that the original owner's life went to hell- lost his job at Boeing, wife divorced him. I suspect he may have had to sell off some parts just to raise funds to get by, and that may have included the block. It wasn't until a couple of years ago that I realized the car did not have the original block.

Duke