Misallocation

1929 Cord L29 Cabriolet and 1930 Cord L29 Convertible Sedan

Sold at Gooding Christie's on March 7, 2025.

$401,000Confirmed

The price as reported by the house. Hammer price $360,000, before the buyer's premium. Read from the house's results Nov. 10, 2026.

The car

Year
1929
Make and model
Cord L-29
Generation
L-29 (1929 to 1932)
Chassis
29276692927103
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

Above the middle half of 3 comparable sales, 99% over its top.

Middle half of sales$122,500 to $180,500
Median$135,000
Sales behind it3Likely

From 3 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 $122,500 and $180,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1929 Cord L29 Convertible Phaeton SedanBring a Trailer, Aug. 18, 2026Bring a TrailerAug. 18, 2026$226,000
1929 Cord L-29 Convertible Phaeton SedanBroad Arrow, Feb. 15, 2025Broad ArrowFeb. 15, 2025$110,000
1931 Cord L29 PhaetonMecum, Jan. 10, 2026MecumJan. 10, 2026$135,000