Auctions and Brokerage
The First Year of the 427
Chevrolet inadvertently hinted at the true potency of its top 427 V-8 engine for 1966 when it was initially announced with 450 rated horsepower and then inexplicably revised downward to an “official” 425 hp rating. Few were fooled considering the L72’s 11.0:1 compression ratio; hot solid-lifter cam; free- flowing, rectangular-port cylinder heads; and a virtually bulletproof cylinder block and forged crank.
The regular production option or RPO L72 427/425 engine was in truth a fire-breathing behemoth that was especially potent in the relatively lightweight Corvette, with high 12-second quarter-mile times and top speeds in excess of 150 mph on the era’s narrow bias-ply tires.
One of the fastest production cars built for 1966, this 427/425 Corvette is powered by Chevrolet’s thundering L72 427 V-8 engine, a true high-performance bargain costing just $312.85 over the vehicle’s base retail price when new. Known history dates to 1971 in Anaheim, California, as evidenced by a pair of Mobil gasoline receipts found in the Corvette by subsequent owner Gary Bowden of Mount Pleasant in Ontario, Canada, who acquired it in 1975.
Mr. Bowden eventually stripped the body and refinished it with a base/clear system. New bumpers were fitted, the original vinyl seat covers were replaced with leather, and the L72 engine was removed for repainting and detailing. Mr. Bowden retained the car until April 3, 2001, when he sold it to Brian S. Nelson, who imported the car to New York. At the August 2002 Corvettes at Carlisle event in Pennsylvania, the Corvette was purchased by Ralph Scott and his wife Alexandra; and while the car was sound and complete, Mr. Scott and his brother Dave commenced a total body-off-frame restoration in October 2002. Following completion in March 2003, the Corvette garnered First Place under National Council of Corvette Clubs judging at Carlisle that same year; and in November 2005, it was featured in Corvette Enthusiast magazine.
As offered, the Corvette is equipped with a 3.70:1 Posi-Traction rear end, F41 heavy-duty suspension, J56 heavy-duty disc brakes, the mandatory K66 transistorized ignition system, side-mounted exhaust pipes, leather upholstery, tinted glass, power windows, and knock-off wheels with goldline tires.
Recently reviewed by Kevin Mackay, NCRS Master Judge, this Corvette, which is thoroughly documented and beautifully presented, is a superb example in all respects. For the true collector we encourage serious consideration.