Misallocation

1930 Cord L-29 Convertible Phaeton Sedan

Sold at RM Sotheby's on Oct. 10, 2024, offered with no reserve.

$187,000Confirmed

The price as reported by the house. Hammer price $166,964, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1930
Make and model
Cord L-29
Generation
L-29 (1929 to 1932)
Chassis
2927039
Condition
Excellent (2)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 4 comparable sales.

Middle half of sales$128,750 to $259,500
Median$180,500
Sales behind it4Likely

From 4 sales of the Cord L-29 (1929 to 1932) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $128,750 and $259,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1929 Cord L29 Convertible Phaeton SedanBring a Trailer, Aug. 18, 2026Bring a TrailerAug. 18, 2026$226,000
1931 Cord L29 PhaetonMecum, Jan. 10, 2026MecumJan. 10, 2026$135,000
1929 Cord L29 Cabriolet and 1930 Cord L29 Convertible SedanGooding Christie's, March 7, 2025Gooding Christie'sMarch 7, 2025$360,000
1929 Cord L-29 Convertible Phaeton SedanBroad Arrow, Feb. 15, 2025Broad ArrowFeb. 15, 2025$110,000