Misallocation

1951 Mercury Custom Sedan

Sold at Mecum Auctions on Jan. 15, 2025, offered with no reserve.

$17,600Confirmed

The price as reported by the house. Hammer price $16,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1951
Make and model
Mercury Mercury Eight
Generation
Eight (1939 to 1951)
Gearbox
Manual
Chassis
51LA46461M
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 83 comparable sales, 14% under its bottom.

Middle half of sales$18,250 to $37,500
Median$26,000
Sales behind it83Likely

From 83 sales of the Mercury Eight Eight (1939 to 1951) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $18,250 and $37,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1951 Mercury Eight ConvertibleBring a Trailer, June 23, 2026Bring a TrailerJune 23, 2026$25,277
1951 Mercury Club CoupeMecum, April 10, 2026MecumApril 10, 2026$19,500
1951 Mercury Woody WagonMecum, Jan. 14, 2026MecumJan. 14, 2026$30,000
1951 Mercury Woodie WagonBring a Trailer, Feb. 12, 2025Bring a TrailerFeb. 12, 2025$30,000
1951 Mercury ConvertibleRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$46,000
400-Powered 1951 Mercury Eight Sport Coupe Lead SledBring a Trailer, Oct. 7, 2026Bring a TrailerOct. 7, 2026$41,000
350-Powered 1951 Mercury Eight Sport SedanBring a Trailer, Oct. 2, 2026Bring a TrailerOct. 2, 2026$6,800
One-Family-Owned 1951 Mercury Eight Sport Sedan ProjectBring a Trailer, Aug. 14, 2026Bring a TrailerAug. 14, 2026$11,500