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To celebrate the departure of the third-generation Corvette, Chevrolet decided to offer a final commemorative “Collectors Edition” model. However, recalling their experience with the 1978 Pace Car Replicas it was decided that the 1982 Collector Edition Corvettes would be built only “as needed” to satisfy customer orders and that they would get unique vehicle identification plates to help deter someone from turning a standard car into a Collectors Edition knock-off.
While not exactly a "collector's edition" Corvette in its own right, it nonetheless has become a uniquely identifiable and collectible Corvette from the fourth-generation era. 1988 marked the 35th anniversary for Corvette, and so it was decided that Chevrolet should commemorate the milestone by introducing an anniversary-edition model. This anniversary car was the first of its kind in a decade, given that Chevrolet opted not to manufacture a Corvette in 1983.
Chevrolet knows their clientele, and with the 1996 Corvette Collector's Edition LT4, the automaker put together a special package that would entice hard-core 'Vette fans with a unique tribute to the outgoing C4 model. The $1250 option brought unique Sebring Silver Metallic paint, 5-spoke wheels, and, of course, special badges and embroidery. It also received the upgraded LT4 powerplant available in the Grand Sport, and with 330 horsepower on tap.
Priced at an additional $3250  for the coupe or an additional $2880 for the convertible, the Grand Sport package included exclusive Admiral Blue paint and featured a single white stripe that ran the length of the body as well as two red accent stripes (also known as “Sebring Stripes”) on the driver side front fender.  This unique paint scheme was deliberately developed by GM to pay homage to the classic Corvette Grand Sport Racer of the 1960’s.
2013 427 Collector Edition Convertible
The 2013 Corvette 427 Convertible served double-duty as a commemorative edition model.  While it marked the departure of the sixth-generation Corvette. The real selling-point was the powerplant at the heart of the car - a 427-cubic-inch (7.0L) LS7 engine, the same engine used in the C6 Corvette Z06.  Rated at 505 horsepower (377kW) and 470lb.-ft of torque (637 Nm), this 427 was the most powerful engine GM had ever installed in a production Corvette convertible to date.