Misallocation

1968 Chevrolet Corvette L89 Convertible

Sold at Mecum Auctions on May 16, 2026.

$77,000Confirmed

The price as reported by the house. Hammer price $70,000, 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
194678S400534
Condition
Excellent (2)Likely

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

Against comparable sales

Inside the middle half of 73 comparable sales.

Middle half of sales$45,000 to $82,500
Median$65,000
Sales behind it73Likely

From 73 sales of the Chevrolet Corvette C3 427 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $45,000 and $82,500.

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, 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
1968 Chevrolet Corvette Convertible L89 427/435 4-SpeedBring a Trailer, Sept. 28, 2025Bring a TrailerSept. 28, 2025$80,500