Misallocation

1968 Chevrolet Corvette L89 Convertible

Sold at Mecum Auctions on May 18, 2024, offered with no reserve.

$84,700Confirmed

The price as reported by the house. Hammer price $77,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1968
Make and model
Chevrolet Corvette
Generation
Corvette C3
Version
Corvette C3 427
Gearbox
Manual
Chassis
194678S413056
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

Inside the middle half of 74 comparable sales.

Middle half of sales$45,125 to $82,000
Median$65,000
Sales behind it74Likely

From 74 sales of the Chevrolet Corvette C3 427 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $45,125 and $82,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1968 Chevrolet Corvette Convertible L89 427/435 4-SpeedBring a Trailer, Oct. 29, 2026Bring a TrailerOct. 29, 2026$83,000
1968 Chevrolet Corvette Convertible 427 4-SpeedBring a Trailer, Oct. 21, 2026Bring a TrailerOct. 21, 2026$30,700
22-Years-Owned 1968 Chevrolet Corvette Convertible L71 427/435 4-SpeedBring a Trailer, Aug. 3, 2026Bring a TrailerAug. 3, 2026$63,250
1968 Chevrolet Corvette Convertible 427 4-SpeedBring a Trailer, July 30, 2026Bring a TrailerJuly 30, 2026$49,250
1968 Chevrolet Corvette L89 ConvertibleMecum, May 16, 2026MecumMay 16, 2026$70,000
1968 Chevrolet Corvette L89 ConvertibleMecum, April 11, 2026MecumApril 11, 2026$80,000
1968 Chevrolet Corvette Convertible L68 427/400 4-SpeedBring a Trailer, March 9, 2026Bring a TrailerMarch 9, 2026$48,250
1968 Chevrolet Corvette Coupe L36 427/390 4-SpeedBring a Trailer, Oct. 16, 2025Bring a TrailerOct. 16, 2025$33,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
May 18, 2024Sold (this sale)MecumMecum$84,700
March 22, 2025Did not sellMecumMecum$90,000 high bid
April 11, 2026SoldMecumMecum$88,000
May 14, 2026Did not sellMecumMecum$75,000 high bid