Misallocation

1971 Chevrolet Corvette LT1 Coupe

Sold at Mecum Auctions on April 14, 2023, offered with no reserve.

$41,800Confirmed

The price as reported by the house. Hammer price $38,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1971
Make and model
Chevrolet Corvette
Generation
Corvette C3
Version
Corvette C3 LT-1
Gearbox
Manual
Chassis
194371S102709
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Below the middle half of 57 comparable sales, 5% under its bottom.

Middle half of sales$39,750 to $70,500
Median$50,000
Sales behind it57Likely

From 57 sales of the Chevrolet Corvette C3 LT-1 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $39,750 and $70,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1971 Chevrolet Corvette Coupe LT-1 4-SpeedBring a Trailer, Oct. 6, 2026Bring a TrailerOct. 6, 2026$35,027
1971 Chevrolet Corvette LT1 CoupeMecum, July 24, 2026MecumJuly 24, 2026$46,000
1971 Chevrolet Corvette Convertible LT-1 4-SpeedBring a Trailer, June 18, 2026Bring a TrailerJune 18, 2026$72,750
Original-Owner 1971 Chevrolet Corvette Coupe LT-1 4-SpeedBring a Trailer, June 13, 2026Bring a TrailerJune 13, 2026$59,000
1971 Chevrolet Corvette LT1 CoupeMecum, March 20, 2026MecumMarch 20, 2026$45,000
1971 Chevrolet Corvette LT1 CoupeMecum, March 19, 2026MecumMarch 19, 2026$35,000
25-Years-Owned 1971 Chevrolet Corvette LT-1 Coupe 4-SpeedBring a Trailer, Nov. 1, 2025Bring a TrailerNov. 1, 2025$25,500
1971 Chevrolet Corvette Convertible LT-1 4-SpeedBring a Trailer, Aug. 23, 2025Bring a TrailerAug. 23, 2025$57,750

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
April 14, 2023Sold (this sale)MecumMecum$41,800
March 20, 2025SoldMecumMecum$43,450
March 19, 2026SoldMecumMecum$38,500