Misallocation

1951 Mercury Convertible

Sold at RM Sotheby's on Oct. 8, 2026, offered with no reserve.

$51,520Confirmed

The price as reported by the house. Hammer price $46,000, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1951
Make and model
Mercury Mercury Eight
Generation
Eight (1939 to 1951)
Version
Eight (1939 to 1951)
Chassis
51ME38174M
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 30 comparable sales, 61% over its top.

Middle half of sales$17,500 to $28,500
Median$22,750
Sales behind it30Likely

From 30 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 $17,500 and $28,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1951 Mercury Eight ConvertibleBring a Trailer, June 23, 2026Bring a TrailerJune 23, 2026$25,277
1951 Mercury ConvertibleMecum, May 16, 2026MecumMay 16, 2026$26,000
1950 Mercury Eight CoupeBring a Trailer, Aug. 4, 2026Bring a TrailerAug. 4, 2026$22,000
1950 Mercury CoupeMecum, June 6, 2026MecumJune 6, 2026$31,000
1950 Mercury Eight CoupeBring a Trailer, April 23, 2026Bring a TrailerApril 23, 2026$12,750
1950 Mercury CoupeMecum, Jan. 18, 2026MecumJan. 18, 2026$27,000
1950 Mercury CoupeMecum, June 6, 2025MecumJune 6, 2025$29,000
24-Years-Family-Owned 1950 Mercury Eight CoupeBring a Trailer, May 11, 2025Bring a TrailerMay 11, 2025$21,000