Misallocation

1971 Mercedes-Benz 280SE Convertible

Sold at Mecum Auctions on Jan. 18, 2025, offered with no reserve.

$264,000Confirmed

The price as reported by the house. Hammer price $240,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1971
Make and model
Mercedes-Benz S-Class W111 to W126 and coupes
Generation
W111 and W112 coupes, cabriolets and fintails
Version
280 SE Cabriolet
Gearbox
Automatic
Chassis
11102712002553
Condition
Good (3)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 14 comparable sales, 89% over its top.

Middle half of sales$91,375 to $126,875
Median$100,000
Sales behind it14Likely

From 14 sales of the Mercedes-Benz S-Class W111 to W126 and coupes 280 SE Cabriolet (W111 and W112 coupes, cabriolets and fintails) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $91,375 and $126,875.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1970 Mercedes-Benz 280SE CabrioletBring a Trailer, Oct. 29, 2026Bring a TrailerOct. 29, 2026$95,500
1970 Mercedes-Benz 280SE CabrioletBring a Trailer, June 27, 2025Bring a TrailerJune 27, 2025$90,000
1970 Mercedes-Benz 280SE CabrioletBring a Trailer, May 14, 2025Bring a TrailerMay 14, 2025$104,500
1969 Mercedes-Benz 280SE ConvertibleMecum, April 11, 2026MecumApril 11, 2026$100,000
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, Nov. 8, 2025Bring a TrailerNov. 8, 2025$88,000
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, March 6, 2025Bring a TrailerMarch 6, 2025$78,500
1969 Mercedes-Benz 280SE ConvertibleMecum, Jan. 18, 2025MecumJan. 18, 2025$97,500
1969 Mercedes-Benz 280 SE CabrioletBroad Arrow, Oct. 2, 2026Broad ArrowOct. 2, 2026$160,000