Misallocation

1936 Packard 1407 Twelve Sport Phaeton

Sold at RM Sotheby's on Feb. 27, 2026.

$401,000Confirmed

The price as reported by the house. Hammer price $360,000, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1936
Make and model
Packard Twelve
Generation
Twelve (1932 to 1939)
Chassis
921204
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 30 comparable sales, 21% over its top.

Middle half of sales$91,875 to $298,750
Median$155,000
Sales behind it30Likely

From 30 sales of the Packard Twelve (1932 to 1939) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $91,875 and $298,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1936 Packard 1407 Twelve Sport PhaetonRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$162,054
32-Years-Owned 1936 Packard Twelve Series 1408 Seven-Passenger SedanBring a Trailer, June 23, 2025Bring a TrailerJune 23, 2025$34,000
1936 Packard 1407 Twelve Five-Passenger CoupeRM Sotheby's, Jan. 24, 2025RM Sotheby'sJan. 24, 2025$85,000
1937 Packard Twelve Series 1506 Touring SedanBring a Trailer, Sept. 1, 2026Bring a TrailerSept. 1, 2026$72,000
1935 Packard Twelve Series 1208 Seven-Passenger SedanBring a Trailer, July 8, 2026Bring a TrailerJuly 8, 2026$75,000
1937 Packard 1507 Twelve Coupe RoadsterRM Sotheby's, Feb. 27, 2026RM Sotheby'sFeb. 27, 2026$295,000
1937 Packard Twelve V12 EngineBring a Trailer, Sept. 10, 2025Bring a TrailerSept. 10, 2025$13,000
1935 Packard Twelve 1207 LeBaron All-Weather CabrioletBroad Arrow, March 8, 2025Broad ArrowMarch 8, 2025$115,000