Ray and Mildred Lambrecht must have been loaded. 500 cars @2,500 USD 1968 = $1.2 million 1968 USD. Adjusting for inflation $8.4 million. Who can park 8.4 million bucks?
From what I read, very few of them were inside. Most were left outside to rot into the ground and are probably little more than junk.
And not just the cars. There’s plenty of never used OEM parts that’s worth tons of money. Restorers are willing to pay big bucks for that stuff.
Ray and Mildred are going to have a big payday coming. Several of those cars will go for far more than they were originally worth ($2,500). Some will go for less, I'm sure. But if they only average $5K per car, they will be getting $2.5 million. I suspect that some of those cars will bring in $15K to $20K. That Vette should go for $20K based on the interior condition and the all original parts alone. If the rust is just surface rust, it can be brought back to original showroom condition right down to the plug wires.