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1969 Corvette Rebel racer

Tuesday, 21 Jan 2014 | 2:58 PM ET

CNBC's Robert Frank reports on the sales from the Scottsdale auction. He says the $3.85 million 1967 Corvette L88 Coupe is considered the best model in existence. Frank also reveals how much the 1969 Corvette Rebel Race Car sold for.