Misallocation

1954 Cadillac Eldorado Convertible

Sold at Mecum Auctions on May 16, 2024.

$126,500Confirmed

The price as reported by the house. Hammer price $115,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1954
Make and model
Cadillac Eldorado
Generation
Eldorado 1954 to 1958
Version
Eldorado 1954 to 1958 (base)
Gearbox
Automatic
Chassis
546226288
Condition
Excellent (2)Likely

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

This car's full record

Against comparable sales

Above the middle half of 16 comparable sales, 85% over its top.

Middle half of sales$25,738 to $62,250
Median$37,125
Sales behind it16Likely

From 16 sales of the Cadillac Eldorado 1954 to 1958 (base) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $25,738 and $62,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1954 Cadillac Eldorado ConvertibleMecum, May 15, 2026MecumMay 15, 2026$93,000
1954 Cadillac Eldorado ConvertibleMecum, May 17, 2025MecumMay 17, 2025$69,000
1954 Cadillac Eldorado ConvertibleMecum, March 20, 2025MecumMarch 20, 2025$60,000
34-Years-Family-Owned 1955 Cadillac EldoradoBring a Trailer, Sept. 7, 2026Bring a TrailerSept. 7, 2026$37,250
1956 Cadillac Eldorado Seville HardtopMecum, Jan. 13, 2026MecumJan. 13, 2026$37,000
1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 31, 2024Bring a TrailerDec. 31, 2024$30,100
1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 24, 2024Bring a TrailerDec. 24, 2024$24,950
50-Years-Family-Owned 1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 10, 2024Bring a TrailerDec. 10, 2024$19,940

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
May 16, 2024Sold (this sale)MecumMecum$126,500
Oct. 8, 2026SoldRM Sotheby'sRM Sotheby's$134,400