G'day Converse ,
The 398 stamping shows a build date of 1978 so the engine looks original .
Your mower originally had a blue catcher ,I haven't seen many blue Corvette catchers around these days.
I think your Corvette is worth saving ,getting difficult to find.
Pic of the blue catcher in link.
https://www.outdoorking-forum.com.au/forum/ubbthreads.php/topics/80969/victa-corvette-high-arch-4-stroke.htmlCheers
Max.