Misallocation

1951 GMC 100 CUSTOM PICKUP

Sold at Barrett-Jackson on Jan. 24, 2025, offered with no reserve.

$123,200Confirmed

The price as reported by the house. Hammer price $112,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1951
Make and model
GMC 100 and 150 (1947 to 1959)
Generation
New Design 1947 to 1955
Gearbox
Automatic
Chassis
10122C2522
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 35 comparable sales, 213% over its top.

Middle half of sales$17,250 to $35,750
Median$25,000
Sales behind it35Likely

From 35 sales of the GMC 100 and 150 (1947 to 1959) New Design 1947 to 1955 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $17,250 and $35,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
LS1-Powered 1951 GMC 150 PickupBring a Trailer, June 23, 2025Bring a TrailerJune 23, 2025$36,000
1951 GMC 150 Pickup 4-SpeedBring a Trailer, Aug. 18, 2026Bring a TrailerAug. 18, 2026$26,433
1951 GMC 100 5-Window PickupBring a Trailer, July 3, 2026Bring a TrailerJuly 3, 2026$33,750
1951 GMC 100 5-Window Pickup 4-Speed ProjectBring a Trailer, April 7, 2026Bring a TrailerApril 7, 2026$8,601
45-Years-Family-Owned 1951 GMC 100 Deluxe Pickup 3-SpeedBring a Trailer, Jan. 8, 2026Bring a TrailerJan. 8, 2026$35,500
1951 GMC 150 PickupBring a Trailer, June 25, 2025Bring a TrailerJune 25, 2025$37,750
LS3-Powered 1950 GMC 150 5-Window PickupBring a Trailer, Dec. 16, 2024Bring a TrailerDec. 16, 2024$68,500
1950 GMC 100 5-Window Pickup 4-SpeedBring a Trailer, Sept. 27, 2026Bring a TrailerSept. 27, 2026$22,750