Noland Adams - 53 Corvette at Auction - Russo and Steele - NCRS Discussion Boards

Noland Adams - 53 Corvette at Auction - Russo and Steele

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  • Henry A.
    Very Frequent User
    • May 31, 1990
    • 103

    Noland Adams - 53 Corvette at Auction - Russo and Steele

    Does anyone know if Noland's 53 sold at auction at the Russo and Steele auction today? If so, for how much? If not, what was it bid to and what was the reserve? Just curious.
    Henry Atsma

    54 White/Red
    63 Red/Black SWC
    67 Elkhart Blue/Black BB Roadster
    91 Black/Red ZR1
    96 CE - LT4
    07 Red/Tan
  • Rick G.
    Very Frequent User
    • March 1, 1983
    • 272

    #2
    Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

    Henry,

    I watched it on the internet and it was bid to $390K which did not meet the reserve. The announcer said it would take $500K to buy it. It is a beautiful car and an important piece of history and is owned by a true gentleman. The car has earned Duntov and Bloomington Gold recognition along with many other honors.


    Rick Gower

    Comment

    • George W.
      Very Frequent User
      • July 31, 1998
      • 322

      #3
      Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

      WOW, and it is worth 500K; I wish I had the money...
      Dr. George

      Comment

      • Jim D.
        Extremely Frequent Poster
        • June 30, 1985
        • 2883

        #4
        Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

        Originally posted by Charles Gower (6398)
        Henry,

        I watched it on the internet and it was bid to $390K which did not meet the reserve. The announcer said it would take $500K to buy it. It is a beautiful car and an important piece of history and is owned by a true gentleman. The car has earned Duntov and Bloomington Gold recognition along with many other honors.


        Rick Gower
        Who owns the car?

        Comment

        • Mike E.
          Extremely Frequent Poster
          • February 28, 1975
          • 5136

          #5
          Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

          Who's buried in Grant's tomb?

          Comment

          • John H.
            Beyond Control Poster
            • December 1, 1997
            • 16513

            #6
            Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

            Originally posted by Jim Durham (8797)
            Who owns the car?
            Noland sold the car a couple of years ago - I don't recall the name of the buyer.

            Comment

            • Jim D.
              Extremely Frequent Poster
              • June 30, 1985
              • 2883

              #7
              Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

              I know he sold it in 2006. I was just wondering who the new owner was that is selling it now.

              Comment

              • Robert T.
                Very Frequent User
                • May 31, 1993
                • 346

                #8
                Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                It had a currently registered Arizona license plate on it. "53STMP" I believe.

                Comment

                • Loren L.
                  Extremely Frequent Poster
                  • April 30, 1976
                  • 4104

                  #9
                  Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                  A fellow named Bublitz (sp?) owns 1/2 with another gentleman.

                  Comment

                  • Steve B.
                    Extremely Frequent Poster
                    • March 1, 2002
                    • 1190

                    #10
                    Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                    Originally posted by Charles Gower (6398)
                    Henry,

                    I watched it on the internet and it was bid to $390K which did not meet the reserve. The announcer said it would take $500K to buy it. It is a beautiful car and an important piece of history and is owned by a true gentleman. The car has earned Duntov and Bloomington Gold recognition along with many other honors.


                    Rick Gower
                    Charles,
                    I just received an email from Russo Steele saying that the 53 was sold, I saw the video too and it must have sold after it crossed the block. The sale price was around 450K.

                    Comment

                    • Loren L.
                      Extremely Frequent Poster
                      • April 30, 1976
                      • 4104

                      #11
                      Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                      Russo is reporting the sale at $467,500.........

                      Comment

                      • Rick G.
                        Expired
                        • February 8, 2011
                        • 41

                        #12
                        Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                        i spoke to the owner at length about the car but did not get his name. He was a nice gentleman and Russo Steele gave him very prominent floor space in the staging area. a significant amount of memorabilia was included in the car including some of the USPS momentos given to Mr. Adams when he helped design the Corvette postage stamp.

                        i think asking $500K for the car is a bit much, in my humble opinion. I saw the 5th Corvette ever made sell at RM Auctions for $405,000 (excluding seller's commission). here is a link to the car.



                        it was a very nice example, and arguably equally or even more important than the Noland Adams car (no offense intended to Mr. Adams).

                        On the other hand, the seller had a $500K reserve on the car for a reason -- perhaps he paid a boatload for the car to begin with and had to recoup his investment. i believe he lived in AZ, so bringing the car home was not a major expense. and when you see how much L88's go for at auction ($450K to $650K), perhaps he was right to set a high price and stick to his guns.

                        Comment

                        • John D.
                          Very Frequent User
                          • June 30, 1991
                          • 874

                          #13
                          Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                          Originally posted by Mike Ernst (211)
                          Who's buried in Grant's tomb?
                          mike

                          Nobody's buried there but Grant and the wife are in the mausoleum...drove by there this AM.

                          Comment

                          • Rick G.
                            Expired
                            • February 8, 2011
                            • 41

                            #14
                            Re: Noland Adams - 53 Corvette at Auction - Russo and Steele

                            good move by the seller !

                            Comment

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