Omaha, NE – February 2, 2015 – Proxibid, (www.proxibid.com), the world’s most trusted way to connect buyers and sellers of highly valued items, will provide online bidding for Leake Auction Company’s three-day auction event featuring a collection of 40 Corvettes from renowned aficionado and car collector Tom Falbo of Smithers, WV. For decades, Falbo accumulated some of the rarest and most desirable Corvettes ever created, which will be offered without reserve. The three-day event begins on Friday, February 19th, but bidding is already available via Proxibid.
After meticulous inspection and research, Leake Auction Company has confirmed that an incredibly rare 1967 L89 Corvette Convertible is among the vehicles for auction in Falbo’s Collection. The vehicle features a 427 V8, 435 HP aluminum head L89 engine, and is believed to be just one of sixteen L89s made. The discovery was made by Roy Sinor, the most recently retired NCRS National Judging Chairman. Sinor served in the position for seventeen years and was honored with their Lifetime Achievement Award in 2012. Leake Auction Company contracted Roy to inspect all of the Corvettes from the Tom Falbo Collection.
“As one of the rarest Corvettes ever produced, this was an incredible discovery,” stated Richard Sevenoaks, president of Leake Auction Company. “We have been scrutinizing all of the Corvettes from the Falbo Collection for over a month now, verifying the authenticity of each one. Obviously we were thrilled to discover this L89 coded engine.”
In addition to the 40 Corvettes, 75 other vehicles will also be offered without reserve. Featured vehicles up for bid include:
- 1967 Corvette Convertible L89 – black with red stinger, red leather interior, 427 CID/435 HP/4-Spd
- 1967 Corvette Coupe – white with red stinger, red vinyl interior, 427 CID/435 HP/4-Spd
- 1967 Corvette Coupe – red with black stinger, red leather interior, 427 CID/400 HP/4-Spd
- 1967 Corvette Coupe – black with red stinger, red vinyl interior, 427 CID/400 HP/4-Spd
- 2005 Ford GT – red with a white stripe, black leather interior, 5.4L, 550 HP,V8,6-Spd
- 1970 Pontiac GTO The Judge Convertible – gold metallic, tan interior, 400 CID, 360 HP 4-Spd
“This collection will set the bar for Corvettes as forty will cross the block without reserve, which is why it is essential to bring this auction to the world via online bidding,” said Sevenoaks. “With the high value of the featured vehicles, Proxibid is uniquely equipped to provide a trusted place for our buyers to transact.”
Proxibid offers the industry’s most sophisticated fraud prevention system, which is designed specifically to protect high dollar purchases like the one-of-a-kind vehicles available in this auction. Only Proxibid ensures 99.9+ percent uptime, making it the most reliable online bidding platform available.
For more information and to place a bid, visit the online catalog.
Proxibid provides auction companies and asset owners with access to the most trusted online Marketplace for buying and selling highly valued items. More than $3 billion in inventory passes through Proxibid’s Marketplace annually via live and timed auctions, as well as Buy Now and Make Offer capabilities, across 15 categories that include heavy equipment; industrial machinery; real estate; fine art, antiques and collectibles, and more.
Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in South Sioux City, NE and London. For more information about Proxibid, please visit www.proxibid.com.
About Leake Auction Company
Leake Auction Company was established in 1972 as one of the first car auctions in the country. Forty-three years later the auction company has sold over 35,000 cars and currently holds auctions in Tulsa, Oklahoma City and Dallas. Recently they have been featured on several episodes of two reality TV series – Fast N’ Loud on Discovery and The Car Chasers on CNBC Prime.