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1967 427 Corvette: The power not to molest paid off in the end

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  • 1967 427 Corvette: The power not to molest paid off in the end

    http://www.superchevy.com/features/1707-1967-427-corvette-power-not-to-molest-paid-off-in-end/
    Click image for larger version

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    (More photos at the link above)



    The ongoing trend was overdone restorations. In the world of early-model collector Corvettes it’s only been in the last few years that discovering an unmolested example became the holy grail. Looking back the year 1967 meant wild times in America, and modifying a brand-new Corvette Sting Ray was an irresistible urge, so it’s impossible to imagine there was a soul alive capable of resisting, and yet here it is an unmolested example of a 1967 427 Corvette Sting Ray convertible.

    It wasn’t exactly the warmest of days on November 4, 1966, in Davenport, Iowa, when Bob Olderog decided to buy a new Corvette. The mean temperature was 38 degrees. But nevertheless Bob had his mind set on buying a 427 Corvette convertible, so he and his girlfriend Connie made the trek to Bob Erikson Chevrolet in Milan, Illinois, and ordered the beast from Bob Erikson himself.

    Olderog checked all the right boxes. An RPO C07 auxiliary hardtop for $23.75, RPO A01 tinted glass $15.80, RPO M21 close ratio 4-speed transmission $184.35, RPO U69 AM-FM radio $172,75, RPO N36 telescopic steering wheel $42.15, RPO F41 special suspension $42.15, RPO N11 off-road exhaust $36.90, $42.15 RPO G81 positraction with 4.11 gears, RPO K66 transistor ignition $73.75, and the icing on the cake an RPO L71 435hp Turbojet for $437.10.

    Right from day one, Bob Olderog’s 1967 427 Corvette could have been the rarest of the rare had the Corvette plant in St. Louis been able to follow a simple request to delete accenting the Stinger on his hood, but that was not to be. At Erikson’s dealership it would have been an easy matter of breaking out a quart of DuPont Tuxedo Black acrylic lacquer and spraying over the red, but thankfully that never happened.

    Who knows why the Stinger showed up in Rally Red. Since Bob ordered black vinyl upholstery, the Stinger could have been painted in any one of nine colors from the ’67 color chart. And as soon as he got it back to Iowa there was just one little thing that Bob wanted to do to make the Corvette his, install a set of Cragar SS wheels and wide tires from the Olderog’s family owned tire shop.

    It didn’t take long … only two years before the curse of matrimony; stinky bathrooms, screaming kids, and station wagons, overcame Bob and his ’67 Corvette was history. In 1969, Bob married Connie and sold the bone stock (except for wheels and tires) ’67 Vette to his friend Dan Hummel. Dan made absolutely no changes to the ’67 and then sold it to a fellow named Terry Brotman in 1973 after he’d bought a brand-new ’73 Corvette.

    According to what Mecum Auctions wrote in its Indy 2017 catalog, the 427-powered Vette proved to be too much for Brotman to handle. Soon after buying it, Brotman sold it to Dave Schultz. Unfortunately for Schultz, October 1973 brought on OPEC’s Great Oil Embargo and Schultz choked on the increased price of gasoline. Schultz advertised the ’67 in January 1974 and David Kovolat of San Francisco, bought the black Corvette with only 15,600 miles on it. Dave kept the ’67 until 1987 and then sold it to his younger brother Tom, and the ’67 Vette was moved to Tom’s home in Colorado.

    In 2002, Chris Piscitello bought the ’67 Corvette, now with 23,800 miles on the odometer, and started to share the near totally unmolested car with fellow Corvette enthusiasts at events. All it took to restore to original was to replace the Cragars with Corvette Rally wheels shod with OE type tires and the show was on. And it was show-after-show where the stunningly unmolested ’67 Corvette made appearances.

    From Mecum’s catalog description; “At Bloomington Gold 2003, Chris Piscitello reunited the Corvette with original owners Bob and Connie Olderog for the first time in 30 years. David Kovolat was also on hand to meet the Olderogs and thank Bob personally for originally ordering this marvelous piece of Corvette history. The gathering was also treated to watching the car receive Best Photo Album, Survivor and Gold Awards, culminating in Benchmark Certification—America’s most prestigious Corvette award—making it the only black-on-black 435 HP convertible to win all four. The car achieved yet another milestone in 2009 when it was invited to Bloomington Gold Special Collection XXII.”

    Chris Piscitello owned the black-on-black ’67 427 Corvette convertible for 15 years. The black 427 Vette sold at Mecum’s 2017 Indy auction on Friday, May 19, for $310,000, not a bad profit for Bob Olderog’s initial investment of $4,681.85.
    SunKissed, my 2015 2LT, 7MT, Black over Daytona Sunrise Orange Metallic, Stingray convertible (One of about 40)

    Purchased 5/2/2015,
    >33,000+ miles

    Proud member of the Old Dominion Corvette Club. Check us out http://www.olddominioncorvetteclub.org

  • #2
    So many of us dream of owning a ‘67, 427.
    Excited owners of a 2015 Z06. Lifetime, annual contributors, and 20 year members of NCM. Our 2020 ME C8 Corvette is next.

    Comment


    • #3
      Originally posted by John View Post
      So many of us dream of owning a ‘67, 427.
      And at $300K, a dream is all it will ever be for me.
      SunKissed, my 2015 2LT, 7MT, Black over Daytona Sunrise Orange Metallic, Stingray convertible (One of about 40)

      Purchased 5/2/2015,
      >33,000+ miles

      Proud member of the Old Dominion Corvette Club. Check us out http://www.olddominioncorvetteclub.org

      Comment


      • #4
        I too will admire from afar.
        Excited owners of a 2015 Z06. Lifetime, annual contributors, and 20 year members of NCM. Our 2020 ME C8 Corvette is next.

        Comment


        • #5
          The rare untouched car like the 435 above is priced as such, but there are more 435's out there than they manufactured, so buyer beware. I owned a marina blue/black leather 67 435 coupe in the early 2000's with the correct tank sticker paper work, but I decided to keep my Ermine white/white-blue 66 coupe L72 425 Hp car. It always ran better and was well optioned by comparison. Don't let the 435 tri-power hype fool you, the 4 barrel 425 Hp car is faster! I enjoy its performance more than the 435's. In either case the tri-power intake is awesome looking!
          Proud owner of
          1966 Ermine White/White Blue Interior L72 Coupe
          2013 Artic White/Diamond Blue Interior LS7 Convertible

          Comment


          • #6
            About 1970, my WIFE dragged me to look at a 1967 427 corvette. It was for sale for $3000. Asked her what the h,,l she wanted it for. Didn’t buy it. Guess she was right, $300,000 darn.

            Comment


            • #7
              One of our club members has a '67 427 tri-power. He's an NCRS judge, so I assume it's authentic. I have no idea how original it is.

              Click image for larger version

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              SunKissed, my 2015 2LT, 7MT, Black over Daytona Sunrise Orange Metallic, Stingray convertible (One of about 40)

              Purchased 5/2/2015,
              >33,000+ miles

              Proud member of the Old Dominion Corvette Club. Check us out http://www.olddominioncorvetteclub.org

              Comment


              • #8
                To see, to hear, and to smell one of those beauties when it is fired up, is always such a treat.

                At the same time, seeing its specs, it is not interesting that what was a rocket ship back then, it not even as fast as an entry C7 (which does 0-60 in 3.8 seconds). Of course, I would still give an arm and a leg to own this beautiful 1967!!!
                Excited owners of a 2015 Z06. Lifetime, annual contributors, and 20 year members of NCM. Our 2020 ME C8 Corvette is next.

                Comment


                • #9
                  Originally posted by John View Post
                  To see, to hear, and to smell one of those beauties when it is fired up, is always such a treat.

                  At the same time, seeing its specs, it is not interesting that what was a rocket ship back then, it not even as fast as an entry C7 (which does 0-60 in 3.8 seconds). Of course, I would still give an arm and a leg to own this beautiful 1967!!!
                  Nothing like the smell of half burned gasoline in the morning.

                  Comment


                  • #10
                    Originally posted by John View Post
                    To see, to hear, and to smell one of those beauties when it is fired up, is always such a treat.

                    At the same time, seeing its specs, it is not interesting that what was a rocket ship back then, it not even as fast as an entry C7 (which does 0-60 in 3.8 seconds). Of course, I would still give an arm and a leg to own this beautiful 1967!!!
                    Tires. The tires of the day just couldn't put all that power to the road. And 435 BHP gross is quite a bit less than 460hp BHP net.
                    SunKissed, my 2015 2LT, 7MT, Black over Daytona Sunrise Orange Metallic, Stingray convertible (One of about 40)

                    Purchased 5/2/2015,
                    >33,000+ miles

                    Proud member of the Old Dominion Corvette Club. Check us out http://www.olddominioncorvetteclub.org

                    Comment


                    • #11
                      Originally posted by jsmatt View Post
                      The rare untouched car like the 435 above is priced as such, but there are more 435's out there than they manufactured, so buyer beware. I owned a marina blue/black leather 67 435 coupe in the early 2000's with the correct tank sticker paper work, but I decided to keep my Ermine white/white-blue 66 coupe L72 425 Hp car. It always ran better and was well optioned by comparison. Don't let the 435 tri-power hype fool you, the 4 barrel 425 Hp car is faster! I enjoy its performance more than the 435's. In either case the tri-power intake is awesome looking!
                      Jim Prather had a 1967 435 coupe that was also Marina Blue with a black stinger. Absolutely true the 425HP version is quicker. Also the linkage would hang up on the 435 tri-power intake manifold to. No question there are a number of fakes out there though one of the more ironic combinations is a 1967 small block that was originally a rare factory black but today is Lynndale Blue instead.
                      Even a certain black 1967 L88 raises questions about it being a legit car regardless of the 'hype' surrounding it.

                      Comment


                      • #12
                        Yeh, I remember those 427 $3,000 stories, not $300,000. But in 1970 that was too much for that car. lol. Besides wasn't it dangerous to have that much power and not have the brakes to stop the car. When I look back at those early days of Corvettes, I always think of how dangerous they were as well as other Muscle cars with inadequate braking systems for that much power.

                        Comment


                        • #13
                          Originally posted by meyerweb View Post

                          Tires. The tires of the day just couldn't put all that power to the road. And 435 BHP gross is quite a bit less than 460hp BHP net.
                          I think, even in 1967, the factory was still fitting 2 ply bias ply 7.75 - 15 tires. And without mods, there wasn't much room for anything much larget without rubbing issues. The C3 had bigger wheel wells and, I think, in 1968, came from the factory with 70 profile bias/belted tires. I had a C2, and a friend had a C3. We used to buy Pirelli Cirturato CN72 radials, for the then outrageous price of $50 a tire.

                          Comment

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