1960 CERV 1 Sells for $800,000 at RM Sotheby’s Monterey Auction

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When RM Sotheby’s listed the 1960 CERV 1 (Chevrolet Engineering Research Vehicle) for their Monterey auction, we were expecting to see the car fetch at least $1,000,000 and perhaps it would live up to the $2,000,000 estimate provided the by the auction house. After all, this was Zora Arkus-Duntov’s first mid-engine car and it played an important role in researching various components that eventually found their way onto the Corvette platform. There was also plenty
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