The Mecum Auction folks came to Houston last weekend for an auto auction at Reliant Center.
The big news at the event was the car pictured above – a showroom perfect 1967 Corvette with less than 3000 actual miles. Known as the McNamara Corvette, the car sold last Saturday for $750,000.
Even more interesting, is the story behind the car. Here are the details from the Mecum website:
In the fall of 1966, 30-year-old Don McNamara of Colorado Springs, Colorado, celebrated his retirement from the United States Marine Corps with a trip to Las Vegas. It was the one and only time he would visit Sin City, and it proved fortuitous when Lady Luck intervened and a slot machine Don was playing paid out the massive sum of $5,000. By the time he returned to his parents’ home where he lived, he knew what he would do with his winnings. He asked his father, a car salesman, to take the money and buy a new Corvette.
At first glance, Don’s dream car appeared to be just out of reach; the features he specified pushed the price tag more than $500 past the $5,000 mark, but his father’s persistence paid off when he found a dealership in Lamar, Colorado, about 125 miles away, that agreed to sell a 427 coupe for under $5,000. Built on May 10, 1967, and delivered to McNamara on May 20 by Ray Motor Co. in Lamar, the Corvette coupe was exactly as Don had ordered, with the L36 427/390 HP engine, M20 4-speed manual transmission and 3.36 Positraction rear end; tinted glass, telescopic steering wheel, AM/FM radio, side exhaust and bolt-on aluminum wheels. Don’s innate patriotism influenced his choice of colors: Ermine White paint, Red Stinger stripe and Red interior – a matchup he completed by replacing the factory Black wall rubber with a set of double White-and-Blue stripe tires.
Don drove his new Corvette only sparingly for the first several months, until it inexplicably disappeared. When asked of its whereabouts, he would always answer that he no longer owned it. And yet, rumors that it was parked in his heated single-car garage persisted for years afterward, even after Don McNamara passed away in July of 2011. Only then was the truth revealed: the Corvette had been there the entire time, a full 45 years, discovered by the neighboring couple McNamara had befriended in his later years and to whom he had willed his entire estate.
Recorded interviews with the couple uncovered the story not only of the Corvette but of its enigmatic owner as well. Don McNamara was a unique man, one who loved his country and surrounded himself with its symbols of freedom and individuality while maintaining an intensely private life. He never married or had a family, never had a checking account or a credit card and always presented himself as barely getting by. He had decided to put the Corvette under wraps when after the first year the time came to pay license and insurance renewal fees, and began driving it only late at night, away from prying eyes and ever faithful to the pursuit of happiness. When the Corvette’s odometer approached the 3,000-mile mark in the mid-Eighties, he retired it from the road for the rest of his life.
When the Corvette was removed from the garage in 2012, the late McNamara’s next-door neighbor of 22 years saw it for the very first time. It had been discovered wrapped in a car cover, over which was draped a shipping blanket decorated with large Stars and Stripes and Marine Corps flags. It was in a virtually flawless state of preservation, entirely original except for a few personal touches under the hood comprising polished Edelbrock aluminum valve covers and four Corvette emblems mounted on the air cleaner.