Misallocation

1948 Mercury Convertible

Sold at Mecum Auctions on May 16, 2026.

$20,900Confirmed

The price as reported by the house. Hammer price $19,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1948
Make and model
Mercury Mercury Eight
Generation
Eight (1939 to 1951)
Version
Eight (1939 to 1951)
Chassis
899A2303694
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

Inside the middle half of 30 comparable sales.

Middle half of sales$18,000 to $29,000
Median$23,750
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 $18,000 and $29,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1948 Mercury ConvertibleMecum, Jan. 14, 2026MecumJan. 14, 2026$24,000
1948 Mercury ConvertibleMecum, Jan. 8, 2025MecumJan. 8, 2025$21,500
1947 MERCURY EIGHT CONVERTIBLEBarrett-Jackson, Jan. 20, 2026Barrett-JacksonJan. 20, 2026$23,500
1949 Mercury Eight CoupeBring a Trailer, Dec. 22, 2025Bring a TrailerDec. 22, 2025$22,000
1949 Mercury CoupeMecum, Dec. 5, 2025MecumDec. 5, 2025$29,000
1947 Mercury CoupeMecum, July 11, 2025MecumJuly 11, 2025$17,000
1949 Mercury CoupeMecum, Jan. 17, 2025MecumJan. 17, 2025$47,000
1949 Mercury Station WagonMecum, Jan. 17, 2025MecumJan. 17, 2025$110,000