Misallocation

1987 Chevrolet Corvette Callaway Convertible

Sold at Mecum Auctions on May 19, 2023, offered with no reserve.

$24,200Confirmed

The price as reported by the house. Hammer price $22,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1987
Make and model
Chevrolet Corvette
Generation
Corvette C4
Version
Corvette C4 Callaway Twin Turbo
Gearbox
Manual
VIN
1G1YY3189H5121182
Condition
Excellent (2)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 13 comparable sales, 32% under its bottom.

Middle half of sales$29,000 to $33,000
Median$31,000
Sales behind it13Likely

From 13 sales of the Chevrolet Corvette C4 Callaway Twin Turbo in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $29,000 and $33,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1987 Chevrolet Corvette Callaway Twin Turbo 4-SpeedBring a Trailer, Aug. 7, 2026Bring a TrailerAug. 7, 2026$32,250
1987 Chevrolet Corvette Callaway Twin Turbo Convertible 4-SpeedBring a Trailer, Dec. 23, 2025Bring a TrailerDec. 23, 2025$22,250
1987 Chevrolet Corvette Callaway Twin Turbo 4-SpeedBring a Trailer, Dec. 20, 2024Bring a TrailerDec. 20, 2024$30,500
1987 Chevrolet Corvette Callaway CoupeMecum, Dec. 5, 2024MecumDec. 5, 2024$24,000
1988 Chevrolet Corvette Callaway ConvertibleMecum, May 14, 2026MecumMay 14, 2026$29,000
1988 Chevrolet Corvette Callaway Twin Turbo 4-SpeedBring a Trailer, Aug. 24, 2025Bring a TrailerAug. 24, 2025$31,000
1988 Chevrolet Corvette Callaway Twin Turbo Convertible 4-SpeedBring a Trailer, Jan. 15, 2025Bring a TrailerJan. 15, 2025$31,382
1988 Chevrolet Corvette Callaway Twin Turbo ConvertibleBring a Trailer, June 30, 2026Bring a TrailerJune 30, 2026$52,666

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
May 19, 2023Sold (this sale)MecumMecum$24,200
July 21, 2023SoldBring a TrailerBring a Trailer27,000$33,337