Alan Poster's corvette was stolen 37 years ago and he had no theft insurance at the time. Fortunately, Poster's luck eventually turned around 37 years later. Alan Poster's corvette was returned to him in January of this year and CorvetteAmerica.com donated $15,000 in parts to help restore the car. Pictures of Alan Poster with his restored corvette can be found here.
As a 26-year-old in the late 1960s, Poster indulged himself by buying a brand new blue Corvette for $6,000. Three months later, in January 1969, it was stolen from a parking garage in Manhattan, and since he was unable to afford theft insurance -- Poster lost the car and his $6,000. He never imagined he would see his car again.
In January of 2006, authorities notified Poster that the car had turned up in Long Beach, California. Apparently, an American collector was selling the car to a buyer in Sweden when a routine Customs check flagged the vehicle as stolen. The collector isn't suspected of any wrongdoing, and nobody knows where the car had been or how many hands it had passed through.
With the help of the California Highway Patrol, the Customs Service and the New York Police Department, the car has been returned to Poster.
"This is definitely a miracle," said Poster. "Because in speaking to the police, the odds of them finding me were a million to one."
The restored corvette is worth considerably more today than the $6,000 Poster paid for it in 1969. Poster's press release cites a Florida classic Corvette dealer that values the car at $20,000 to $60,000.