Misallocation

1956 Lincoln Premiere Convertible

Sold at RM Sotheby's on Oct. 9, 2025, offered with no reserve.

$35,200Confirmed

The price as reported by the house. Hammer price $31,429, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1956
Make and model
Lincoln Premiere
Generation
Premiere (1956 to 1960)
Version
Premiere (1956 to 1960)
Chassis
56LA7338L
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 11 comparable sales, 43% over its top.

Middle half of sales$12,750 to $22,000
Median$15,500
Sales behind it11Likely

From 11 sales of the Lincoln Premiere (1956 to 1960) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $12,750 and $22,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1956 Lincoln Premiere ConvertibleBring a Trailer, Sept. 6, 2026Bring a TrailerSept. 6, 2026$8,200
1956 Lincoln Premiere HardtopMecum, Oct. 3, 2025MecumOct. 3, 2025$17,000
1956 Lincoln Premiere HardtopMecum, March 20, 2025MecumMarch 20, 2025$23,000
1956 Lincoln Premiere ConvertibleBring a Trailer, Jan. 23, 2025Bring a TrailerJan. 23, 2025$33,000
1957 Lincoln Premiere 4-Door SedanBring a Trailer, July 25, 2026Bring a TrailerJuly 25, 2026$8,057
1957 Lincoln Premiere HardtopMecum, Jan. 7, 2026MecumJan. 7, 2026$13,500
1957 Lincoln Premiere ConvertibleRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$78,571
1957 Lincoln Premiere HardtopMecum, June 6, 2025MecumJune 6, 2025$21,000