Misallocation

1961 Chevrolet Corvette Convertible

Sold at Mecum Auctions on May 15, 2026.

$53,900Confirmed

The price as reported by the house. Hammer price $49,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1961
Make and model
Chevrolet Corvette
Generation
Corvette C1
Version
Corvette C1 V8
Gearbox
Manual
Chassis
10867S107598
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

Below the middle half of 332 comparable sales, 14% under its bottom.

Middle half of sales$56,000 to $90,000
Median$70,000
Sales behind it332Likely

From 332 sales of the Chevrolet Corvette C1 V8 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $56,000 and $90,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1961 Chevrolet Corvette ConvertibleMecum, Sept. 25, 2026MecumSept. 25, 2026$90,000
1961 Chevrolet Corvette 4-SpeedBring a Trailer, Sept. 1, 2026Bring a TrailerSept. 1, 2026$49,250
1961 Chevrolet Corvette ConvertibleMecum, June 6, 2026MecumJune 6, 2026$57,000
1961 Chevrolet Corvette ConvertibleMecum, June 6, 2026MecumJune 6, 2026$69,000
1961 Chevrolet Corvette 4-SpeedBring a Trailer, May 22, 2026Bring a TrailerMay 22, 2026$54,000
1961 Chevrolet Corvette ConvertibleMecum, May 13, 2026MecumMay 13, 2026$65,000
1961 Chevrolet Corvette ConvertibleMecum, May 9, 2026MecumMay 9, 2026$59,000
1961 CHEVROLET CORVETTE CONVERTIBLEBarrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$48,000