Misallocation

1956 Oldsmobile 98 Convertible

Sold at Mecum Auctions on Jan. 14, 2026, offered with no reserve.

$51,700Confirmed

The price as reported by the house. Hammer price $47,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1956
Make and model
Oldsmobile 98
Generation
98 (1941 to 1996)
Gearbox
Automatic
Chassis
569K7494
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

Above the middle half of 46 comparable sales, 21% over its top.

Middle half of sales$10,250 to $39,000
Median$20,500
Sales behind it46Likely

From 46 sales of the Oldsmobile 98 (1941 to 1996) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $10,250 and $39,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1956 Oldsmobile Starfire 98 ConvertibleBring a Trailer, June 27, 2026Bring a TrailerJune 27, 2026$44,500
1956 Oldsmobile 98 Holiday SedanMecum, Jan. 14, 2026MecumJan. 14, 2026$8,900
1955 Oldsmobile Ninety-Eight Holiday SedanBring a Trailer, Oct. 22, 2026Bring a TrailerOct. 22, 2026$9,000
1957 Oldsmobile 98 Custom ConvertibleMecum, July 25, 2026MecumJuly 25, 2026$55,000
1957 Oldsmobile 98 Starfire ConvertibleMecum, March 19, 2026MecumMarch 19, 2026$50,000
1955 Oldsmobile 98 Holiday HardtopMecum, Jan. 14, 2026MecumJan. 14, 2026$26,000
1955 Oldsmobile 98 Starfire ConvertibleMecum, Oct. 31, 2025MecumOct. 31, 2025$49,000
350-Powered 1957 Oldsmobile Starfire 98 Holiday CoupeBring a Trailer, Sept. 19, 2025Bring a TrailerSept. 19, 2025$19,000