Misallocation

1959 Cadillac Series 62 Coupe

Sold at Mecum Auctions on Oct. 30, 2025.

$40,700Confirmed

The price as reported by the house. Hammer price $37,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1959
Make and model
Cadillac Series 60, 61, 62 and 75
Generation
Cadillac 1959 to 1960
Gearbox
Automatic
Chassis
59G078438
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 51 comparable sales, 23% under its bottom.

Middle half of sales$45,500 to $108,750
Median$80,500
Sales behind it51Likely

From 51 sales of the Series 60, 61, 62 and 75 Cadillac 1959 to 1960 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $45,500 and $108,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1959 Cadillac Series 62 ConvertibleBring a Trailer, Oct. 31, 2026Bring a TrailerOct. 31, 2026$105,000
1959 Cadillac Fleetwood 75 SedanBring a Trailer, Sept. 30, 2026Bring a TrailerSept. 30, 2026$47,500
1959 Cadillac Series 62 ConvertibleMecum, Sept. 26, 2026MecumSept. 26, 2026$105,000
1959 Cadillac Series 62 ConvertibleBring a Trailer, July 29, 2026Bring a TrailerJuly 29, 2026$111,000
1959 Cadillac Series 62Mecum, July 25, 2026MecumJuly 25, 2026$45,000
1959 Cadillac Series 62 ConvertibleMecum, July 24, 2026MecumJuly 24, 2026$175,000
1959 Cadillac Series 62 ConvertibleBring a Trailer, April 19, 2026Bring a TrailerApril 19, 2026$178,000
28-Years-Owned 1959 Cadillac Fleetwood Sixty SpecialBring a Trailer, April 7, 2026Bring a TrailerApril 7, 2026$50,567