Misallocation

1931 Lincoln Model K Touring

Sold at Mecum Auctions on Jan. 9, 2022.

$33,000Confirmed

The price as reported by the house. Hammer price $30,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1931
Make and model
Lincoln Model K
Generation
Model K, KA and KB (1931 to 1940)
Chassis
68978
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 14 comparable sales, 81% under its bottom.

Middle half of sales$54,297 to $133,170
Median$92,857
Sales behind it14Likely

From 14 sales of the Lincoln Model K, KA and KB (1931 to 1940) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $54,297 and $133,170.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1931 Lincoln Model K Town SedanRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$62,500
44-Years-Owned 1931 Lincoln Model K SedanBring a Trailer, Sept. 21, 2026Bring a TrailerSept. 21, 2026$100,000
1931 Lincoln Model K Dual-Cowl Sport Phaeton ProjectBring a Trailer, July 28, 2026Bring a TrailerJuly 28, 2026$42,500
1932 Lincoln Model KB 7-Passenger SedanBring a Trailer, Nov. 5, 2026Bring a TrailerNov. 5, 2026$43,500
1932 Lincoln Model KB Convertible Roadster by LeBaronBring a Trailer, April 17, 2026Bring a TrailerApril 17, 2026$161,000
1932 Lincoln Model KB Convertible Roadster by LeBaronRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$127,679
1932 Lincoln Model KA Series 501 Four-Door SedanBring a Trailer, June 24, 2025Bring a TrailerJune 24, 2025$51,000
1932 Lincoln Model KB Dual-Cowl Sport PhaetonRM Sotheby's, Jan. 24, 2025RM Sotheby'sJan. 24, 2025$135,000