Misallocation

1935 Pierce-Arrow Model 1245 Seven-Passenger Sedan

Sold at RM Sotheby's on Oct. 5, 2023, offered with no reserve.

$38,500Confirmed

The price as reported by the house. Hammer price $34,375, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1935
Make and model
Pierce-Arrow Eights and Twelves
Generation
Eights and Twelves (1929 to 1938)
Chassis
3540023
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

Inside the middle half of 14 comparable sales.

Middle half of sales$34,000 to $103,000
Median$67,500
Sales behind it14Likely

From 14 sales of the Pierce-Arrow Eights and Twelves (1929 to 1938) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $34,000 and $103,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1934 Pierce-Arrow 1240A Enclosed Drive LimousineMecum, Oct. 3, 2025MecumOct. 3, 2025$37,000
1934 Pierce-Arrow 840A Club SedanMecum, Sept. 20, 2025MecumSept. 20, 2025$22,000
1934 Pierce-Arrow 1240A Silver Arrow CoupeBring a Trailer, June 17, 2025Bring a TrailerJune 17, 2025$65,000
1934 Pierce-Arrow Model 1248A Twelve Brunn Metropolitan Town CarBroad Arrow, March 8, 2025Broad ArrowMarch 8, 2025$90,000
1933 Pierce-Arrow 836 Eight CoupeRM Sotheby's, Jan. 23, 2026RM Sotheby'sJan. 23, 2026$105,000
1933 PIERCE-ARROW 836 CLUB SEDANBarrett-Jackson, Jan. 23, 2025Barrett-JacksonJan. 23, 2025$145,000
1932 PIERCE-ARROW MODEL 54 5-PASSENGER PHAETONBarrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$97,000
1938 Pierce-Arrow Model 1801 Eight Convertible CoupeBroad Arrow, Feb. 15, 2025Broad ArrowFeb. 15, 2025$250,000