1953 Chevrolet Corvette

VIN: E53F001087

$220,000

Sold

Seller details

Vehicle specs

  • Chassis/VIN

    E53F001087

  • Body style

    Roadster

  • Transmission type

    Automatic

  • Engine Type

    6-cyl.

  • Horsepower

    150

  • Induction

    3x1bbl Carb

  • Interior Color

    Red

  • Exterior Color

    Polo White

  • Generation

    1953-1962 Chevrolet Corvette

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

235/150hp, Powerglide, WonderBar radio, wheel covers, wide whitewalls.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Good paint showing the fiberglass weave in the body panels. Good interior and tight fitting top, clear glass and gauges. The panel fits are erratic. The underbody and chassis are done but show age and storage dust. Engine block and head casting numbers are said to be “correct” if not original.

Market commentary

Starting in 2019 this Corvette began a string of steadily lower unsuccessful hammer bids: $185,000 at RM Arizona, $170,000 at Mecum Phoenix and $110,000 at Leake Scottsdale in January 2020. It then disappeared, at least from the auction record, adding only 30 miles to its odometer since 2019 until today where it was sold for an eye-popping price. But ’53 Corvettes are the root of the Corvette tree and while this car was overlooked four years ago its price is somewhat congruent with current levels, disregarding the “correct” casting numbers that suggest replacement with another Stovebolt Six.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.