Misallocation

1953 Oldsmobile 98 Convertible

Sold at Mecum Auctions on April 5, 2025.

$104,500Confirmed

The price as reported by the house. Hammer price $95,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1953
Make and model
Oldsmobile 98
Generation
98 (1941 to 1996)
Gearbox
Automatic
Chassis
539M17348
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 46 comparable sales, 144% over its top.

Middle half of sales$10,250 to $39,000
Median$20,500
Sales behind it46Likely

From 46 sales of the Oldsmobile 98 (1941 to 1996) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $10,250 and $39,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1953 Oldsmobile 98 Holiday HardtopMecum, July 24, 2025MecumJuly 24, 2025$21,000
1953 Oldsmobile 98 Holiday HardtopMecum, May 15, 2025MecumMay 15, 2025$16,818
1952 Oldsmobile 98 2-Door Holiday Hardtop CoupeBring a Trailer, Aug. 18, 2026Bring a TrailerAug. 18, 2026$9,800
1954 Oldsmobile 98 Holiday CoupeMecum, May 8, 2026MecumMay 8, 2026$28,000
1954 OLDSMOBILE 98Barrett-Jackson, April 24, 2025Barrett-JacksonApril 24, 2025$23,000
1954 Oldsmobile Ninety-Eight Holiday CoupeBring a Trailer, March 4, 2025Bring a TrailerMarch 4, 2025$8,000
1955 Oldsmobile Ninety-Eight Holiday SedanBring a Trailer, Oct. 22, 2026Bring a TrailerOct. 22, 2026$9,000
1955 Oldsmobile 98 Holiday HardtopMecum, Jan. 14, 2026MecumJan. 14, 2026$26,000