A complete ‘set’ of Chevrolet Corvettes, languishing for years in a warehouse in New York, will be given a new lease on life, each to be restored and then auctioned.
The collection comprises a Corvette from each year since the model’s debut in 1953 right through to 1989 - 36 cars in total.
But Corvette fans have been seething for years about the neglected collection, which was known to have been sitting idle for decades under a thick layer of dust.
Now, The New York Times reports a buyer by the name of Peter Heller has acquired the collection for an undisclosed amount.
Mr Heller, along with his two sons Adam and Mike, and cousin Scott Heller, intend to restore the 36 classics to their former glory.
The story surrounding the collection is as interesting as the collection itself; read on…
In 1989, pay-TV channel VH1 (see video, bottom of page) made headlines by offering the collection as a prize for a viewer who registered their details via a ‘900’ phone number (‘0055’ in Australia, at the time).
The calls cost US$2 each, and VH1 reportedly recorded more than one million entries.
A carpenter from Long Island named Dennis Amodeo was the lucky winner, but upon flying to California to accept the prize, he was presented with a US$250,000 offer from artist Peter Max to buy the collection for use in an art project.
But like many well-meaning purchasers of classic cars, occasionally time gets the better of them and the collection sat unprotected and unloved in a garage in New York.
Max was forced to move the collection four times since 1989, and along the way he enlisted the help of Scott Heller. Scott Heller assisted again when the collection was moved for the final time under Max’s ownership in 2010.
Scott Heller proposed to Max that he restore and sell the vehicles, splitting the profits with the artist.
Max refused, but later offered Scott Heller the chance to buy the collection outright. A deal was done for Peter Heller to purchase the collection earlier this year, and the Hellers took possession in July - which reportedly included 2.5kg of keys.
Following restoration, the vehicles are expected to be auctioned individually sometime in 2015.
NOTE: Images via The New York Times