Misallocation

1956 Chevrolet Corvette Convertible

Sold at Mecum Auctions on March 21, 2026.

$137,500Confirmed

The price as reported by the house. Hammer price $125,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1956
Make and model
Chevrolet Corvette
Generation
Corvette C1
Version
Corvette C1 V8
Gearbox
Manual
Chassis
E56S003608
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 332 comparable sales, 39% over its top.

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
1956 Chevrolet CorvetteBring a Trailer, Nov. 3, 2026Bring a TrailerNov. 3, 2026$58,500
Single-Family-Owned 1956 Chevrolet CorvetteBring a Trailer, Aug. 20, 2026Bring a TrailerAug. 20, 2026$52,617
1956 Chevrolet Corvette ConvertibleMecum, Aug. 15, 2026MecumAug. 15, 2026$85,000
54-Years-Family-Owned 1956 Chevrolet Corvette 3-SpeedBring a Trailer, July 28, 2026Bring a TrailerJuly 28, 2026$95,000
1956 Chevrolet Corvette 4-SpeedBring a Trailer, July 5, 2026Bring a TrailerJuly 5, 2026$70,000
1956 CHEVROLET CORVETTE CONVERTIBLEBarrett-Jackson, June 26, 2026Barrett-JacksonJune 26, 2026$80,000
1956 Chevrolet Corvette ConvertibleMecum, March 20, 2026MecumMarch 20, 2026$52,000
1956 Chevrolet Corvette ConvertibleMecum, Oct. 31, 2025MecumOct. 31, 2025$42,500

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Nov. 15, 2025Did not sellMecumMecum$110,000 high bid
Jan. 23, 2026SoldBarrett-JacksonBarrett-Jackson$91,300
March 21, 2026Sold (this sale)MecumMecum$137,500