Misallocation

1998 Chevrolet Corvette Pace Car Edition Convertible

Sold at Mecum Auctions on June 7, 2025, offered with no reserve.

$31,900Confirmed

The price as reported by the house. Hammer price $29,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1998
Make and model
Chevrolet Corvette
Generation
Corvette C5
Gearbox
Manual
VIN
1G1YY32G1W5120269
Condition
Concours (1)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

Above the middle half of 489 comparable sales, 4% over its top.

Middle half of sales$16,500 to $28,000
Median$21,000
Sales behind it489Likely

From 489 sales of the Chevrolet Corvette C5 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $16,500 and $28,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1998 Chevrolet Corvette ConvertibleMecum, Oct. 24, 2026MecumOct. 24, 2026$16,000
Fairway Green Metallic 1998 Chevrolet Corvette Coupe 6-SpeedBring a Trailer, Oct. 21, 2026Bring a TrailerOct. 21, 2026$24,750
1998 Chevrolet Corvette CoupeCars & Bids, Sept. 10, 2026Cars & BidsSept. 10, 2026$17,000
1998 Chevrolet Corvette Coupe Lingenfelter 350 CID LS1 PackageCars & Bids, July 20, 2026Cars & BidsJuly 20, 2026$22,000
1998 Chevrolet Corvette ConvertibleMecum, June 6, 2026MecumJune 6, 2026$19,000
1998 Chevrolet Corvette ConvertibleMecum, June 5, 2026MecumJune 5, 2026$14,000
1998 Chevrolet Corvette ConvertibleCars & Bids, June 3, 2026Cars & BidsJune 3, 2026$10,100
1998 Chevrolet Corvette ConvertibleBring a Trailer, April 26, 2026Bring a TrailerApril 26, 2026$14,800

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
May 9, 2025SoldMecumMecum$22,000
June 7, 2025Sold (this sale)MecumMecum$31,900