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Man learns casino losses not deductible
SCOTTSDALE, Ariz., Dec. 6 (UPI) -- A 1965 Corvette stolen in 1970 is being returned to its Nashville owner in perfect condition after being found in Scottsdale, Ariz., police said.
The Nassau blue convertible with a white top was worth about $2,200 when it was stolen from Chance Mayfield 39 years ago. Today it's worth an estimated $65,000, The (Nashville) Tennessean reported Sunday.
Mayfield walked out of a bar in Nashville in November 1970 to find the car gone.
"That ruined my night," Mayfield, 68, told The Tennessean.
The car was traced to Mayfield when a collector who had bought the car tried to register it with the Arizona Department of Motor Vehicles. A routine search of the serial number through the National Insurance Claims Bureau showed the car had been stolen.
Although the car had belonged to a number of collectors, no one apparently had ever checked the car against the insurance database, The Tennessean said.
Now that a court case with the most recent owner has been resolved, Mayfield said he will take a trailer to Arizona next week to bring his treasured Corvette home.
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