Some collectors will say that when it comes to Early C1 Corvettes (1953-55) the 1954 Corvette is the red-headed step child compared with the 300 1953 Corvettes produced the year earlier or the 700 V8-powered 1955 that came a year after. Truth be told, the 1954 Corvette featured a number of upgrades over its model year predecessor that improved fit and finish during assembly as well as improved drivability and comfort.
Obviously someone didn’t get the message and put this Corvette out to pasture where it sat for a number of untold years. Buried up to its wheel hubs, the polo white Corvette supposedly took 10 hours to unearth.
Restoration of a Corvette in this condition isn’t for everyone. To recoup the money spent would require you to be able to do much of the restoration work yourself. In terms of market value, we see pricing of 1954 Corvettes all over the map. Our 2010 Corvette Pricing Guide scales the 1954 C1 from $38,000 – $105,000 with the average 1954 Corvette selling for around $57,000.