US Marshals Auction
01-30-2019, 11:23 AM
#1
US Marshals Auction
Anybody seen these?
https://appletowing.hibid.com/catalo...11-2019/?q=205
https://appletowing.hibid.com/lot/47...tingray/?q=205
https://appletowing.hibid.com/catalo...ing-2-11-2019/
Hope the site came up if not:
Www.appletowing.hibid.com
https://appletowing.hibid.com/catalo...11-2019/?q=205
https://appletowing.hibid.com/lot/47...tingray/?q=205
https://appletowing.hibid.com/catalo...ing-2-11-2019/
Hope the site came up if not:
Www.appletowing.hibid.com
01-30-2019, 12:05 PM
#3
Drifting
it certainly looks the part of an L88, as well as the silver 68 that looks to be either a 427/400 or 435 Tri Power..
The following users liked this post:
appelen (02-07-2019)
01-30-2019, 12:32 PM
#5
Le Mans Master
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01-30-2019, 07:40 PM
#9
Team Owner
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I wonder how the US Marshall's office got these cars. I do know that they seize property for various reasons, and eventually that property is put up for sale.
That is what happened to the yellow 1969 ZL-1 coupe.
That is what happened to the yellow 1969 ZL-1 coupe.
02-04-2019, 11:42 AM
#10
Race Director
02-04-2019, 02:03 PM
#13
Le Mans Master
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Asset forfeitures, most likely for drug related crimes. At the extreme end, RICO seizures. For a more comprehensive understanding of the law, check out the Comprehensive Crime Control Act of 1984,
Last edited by Dan Hampton; 02-04-2019 at 02:09 PM.
02-04-2019, 02:06 PM
#14
Melting Slicks
My experience with cars sold by the US Marshals was that most of them were acquired through seizures involving illegal drug sales or other federal crimes, where the cars were forfeited as part of the guilty plea or judgement.
I never saw one where the Vin was changed or reassigned due to the process of sale. If the Vin was previously altered, in some legal process, then it would be disclosed during the sale.
These were my experiences but I'm sure just like anything in life, there's many others!
I never saw one where the Vin was changed or reassigned due to the process of sale. If the Vin was previously altered, in some legal process, then it would be disclosed during the sale.
These were my experiences but I'm sure just like anything in life, there's many others!
02-04-2019, 06:17 PM
#16
Heel & Toe
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Member SBR knows the history of the 1969 black L88 convertible.How do you know this information about this 1969 L88? How much do you think the car is worth?
I need to know the history of this car and what it is worth so I don't bid too much. The only other similar car is the Tony de Lorenzo 1969 Corvette L88 that was auctioned in Mecum Kissimee 2019 a month ago, but that one had matching engine and is worth around $500,000.
This is the original seizure article showing the wrong picture of a blue L88.
http://www.corvetteblogger.com/2017/...ed-va-scammer/
It took a couple of years for the case to go through the courts. The guy plead guilty and got 6 years. The forfeiture was completed in November 2018
The vins remain on the cars they just won't disclose them to limit the chance of the original owner winning the car at auction. Also the Feds have reserve on the auction for what they think is worth so is hard to get them too cheap. I bid $200,000 yesterday when it was at $50,000 and I guess the cat is out of the bag because there are two more bidders now with higher bids.
SBR Can you give some background on the L88 please? You posted back in 2017 specific information about this car.
Originally Posted by SBR 
The car is a black convertible. It is a documented car, had lots of body work done during restoration plus the original motor was gone.
The car is a black convertible. It is a documented car, had lots of body work done during restoration plus the original motor was gone.I need to know the history of this car and what it is worth so I don't bid too much. The only other similar car is the Tony de Lorenzo 1969 Corvette L88 that was auctioned in Mecum Kissimee 2019 a month ago, but that one had matching engine and is worth around $500,000.
This is the original seizure article showing the wrong picture of a blue L88.
http://www.corvetteblogger.com/2017/...ed-va-scammer/
It took a couple of years for the case to go through the courts. The guy plead guilty and got 6 years. The forfeiture was completed in November 2018
The vins remain on the cars they just won't disclose them to limit the chance of the original owner winning the car at auction. Also the Feds have reserve on the auction for what they think is worth so is hard to get them too cheap. I bid $200,000 yesterday when it was at $50,000 and I guess the cat is out of the bag because there are two more bidders now with higher bids.
SBR Can you give some background on the L88 please? You posted back in 2017 specific information about this car.
02-05-2019, 06:45 AM
#19
Racer
I’ve been to a number of US Marshal auctions over the years. Like any other auction, sometimes you can get a good deal, sometimes you can’t. Main thing for any high dollar item, do a physical inspection first!
02-05-2019, 09:29 AM
#20
Safety Car
Member SBR knows the history of the 1969 black L88 convertible.How do you know this information about this 1969 L88? How much do you think the car is worth?
I need to know the history of this car and what it is worth so I don't bid too much. The only other similar car is the Tony de Lorenzo 1969 Corvette L88 that was auctioned in Mecum Kissimee 2019 a month ago, but that one had matching engine and is worth around $500,000.
This is the original seizure article showing the wrong picture of a blue L88.
http://www.corvetteblogger.com/2017/...ed-va-scammer/
It took a couple of years for the case to go through the courts. The guy plead guilty and got 6 years. The forfeiture was completed in November 2018
The vins remain on the cars they just won't disclose them to limit the chance of the original owner winning the car at auction. Also the Feds have reserve on the auction for what they think is worth so is hard to get them too cheap. I bid $200,000 yesterday when it was at $50,000 and I guess the cat is out of the bag because there are two more bidders now with higher bids.
SBR Can you give some background on the L88 please? You posted back in 2017 specific information about this car.
Originally Posted by SBR The car is a black convertible. It is a documented car, had lots of body work done during restoration plus the original motor was gone.
The car is a black convertible. It is a documented car, had lots of body work done during restoration plus the original motor was gone.I need to know the history of this car and what it is worth so I don't bid too much. The only other similar car is the Tony de Lorenzo 1969 Corvette L88 that was auctioned in Mecum Kissimee 2019 a month ago, but that one had matching engine and is worth around $500,000.
This is the original seizure article showing the wrong picture of a blue L88.
http://www.corvetteblogger.com/2017/...ed-va-scammer/
It took a couple of years for the case to go through the courts. The guy plead guilty and got 6 years. The forfeiture was completed in November 2018
The vins remain on the cars they just won't disclose them to limit the chance of the original owner winning the car at auction. Also the Feds have reserve on the auction for what they think is worth so is hard to get them too cheap. I bid $200,000 yesterday when it was at $50,000 and I guess the cat is out of the bag because there are two more bidders now with higher bids.
SBR Can you give some background on the L88 please? You posted back in 2017 specific information about this car.