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Open Roads, February | Lot 226

1955 Chevrolet Corvette

North American Offering

$100,000 - $125,000 USD

United States | Pontiac, Michigan

19 - 28 February 2021


Chassis No.
Engine No.
Documents
VE55S001106
0093292 F55FG
US Title
  • A beautifully restored first-year V-8 example
  • One of only 700 Corvettes built for 1955; second-lowest production year
  • National Corvette Restorers Society Top Flight award-winner in 2012
  • “Numbers-matching” engine according to marque specialist Kevin Mackay; Letter of Authenticity on file
  • 195 hp, 265 cu. in. V-8; two-speed “Powerglide” automatic transmission
  • Finished in Polo White over a red interior; beige convertible top
  • Accompanied by NCRS documentation, restoration receipts, owner’s manual, side curtains, extra keys, and jack

The Chevrolet Corvette made a splash when it was introduced for 1953, but it soon became clear that the model, initially offered only with an inline-six, would need refinement if it were to establish itself as a true sports car. Salvation came with the arrival of the new small-block V-8; at the insistence of Zora Arkus-Duntov, this motor was offered on the Corvette for the 1955 model year, greatly improving its performance.

It would take a moment for this formula, obvious in retrospect, to catch on; consequently, 1955 was the second-lowest year of Corvette production. Finished in the classic combination of Polo White over a red AM radio-equipped interior, and sporting a beige convertible top, this example is one of only 700 cars produced for the year. Its 195-horsepower, 265-cubic-inch V-8 is paired with a two-speed “Powerglide” automatic transmission (a manual became available only partway through the model year). Subtle “V” badging incorporated into the side “Corvette” script hint at what is under the hood.

Corvette engines were not stamped with correlating chassis numbers until 1960, making originality difficult to determine. For this example, the engine casting is 3703524, which decodes to a 195-horsepower, 265-cubic-inch V-8; the casting date is L-7-4, which decodes to December 7, 1954; and the assembly stamping is 0093292 F55FG, which notes the production sequence, assembled in Flint, Michigan, built for the 1955 model year. The FG suffix decodes to a 195-horsepower 265-cubic inch V-8 mated to an automatic transmission. These numbers would all coincide with the production of this chassis number. According to marque expert and noted Corvette restorer Kevin Mackay in his Letter of Authenticity for this car, he states this car’s engine is “numbers-matching,” a copy of this document is on file.

From 2009-2012, this Corvette was treated to a body-off restoration, with over $65,000 USD spent at model specialists Corvette Repair Inc. of Valley Stream, New York. The car subsequently underwent National Corvette Restorers Society (NCRS) judging and earned an NCRS Top Flight award in 2012—a testament to the high quality of the work performed. Maintained carefully ever since, the Corvette presents in excellent condition today.

A beautifully restored and rare example from a significant model year, this 1955 Chevrolet Corvette is ideal for show and participation in club events. It is accompanied by its side curtain windows in a storage bag, jack, restoration receipts, and NCRS documentation.

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