Since there was no 1927 Corvette the answer would be NO.
There is no such thing as a 1927 Corvette. LOL, hope you didn't buy one.
A Picture Paradise - 1927 was released on: USA: 12 June 1927
The first corvette was made by Harley Earl in 1927 The first production year was 1953
One can find a picture of a 1984 Corvette on several on-line sites. For example how it works provides a colour picture and information of this model of car.
Paramount Famous Lasky won the Oscar for Best Picture in 1927.
http://corvette-world.com/-c-20.html
The Moving Picture World ended in 1927.
Associated British Picture Corporation was created in 1927.
Fox won the Oscar for Unique and Artistic Picture in 1927.
"Wings" (1927/1928).
The Jazz Singer (1927 Warner Bros)
The first Oscars were only handed out in 1927.