Misallocation

1938 Pierce-Arrow Model 1801 Eight Convertible Coupe

Sold at Broad Arrow Auctions on Feb. 15, 2025.

$280,000Confirmed

The price as reported by the house. Hammer price $250,000, before the buyer's premium. Read from the house's results Nov. 9, 2026.

The car

Year
1938
Make and model
Pierce-Arrow Eights and Twelves
Generation
Eights and Twelves (1929 to 1938)
Miles shown
2,232
Chassis
2230001

Against comparable sales

Above the middle half of 13 comparable sales, 158% over its top.

Middle half of sales$33,000 to $97,000
Median$65,000
Sales behind it13Likely

From 13 sales of the Pierce-Arrow Eights and Twelves (1929 to 1938) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $33,000 and $97,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1934 Pierce-Arrow 1240A Enclosed Drive LimousineMecum, Oct. 3, 2025MecumOct. 3, 2025$37,000
1934 Pierce-Arrow 840A Club SedanMecum, Sept. 20, 2025MecumSept. 20, 2025$22,000
1934 Pierce-Arrow 1240A Silver Arrow CoupeBring a Trailer, June 17, 2025Bring a TrailerJune 17, 2025$65,000
1934 Pierce-Arrow Model 1248A Twelve Brunn Metropolitan Town CarBroad Arrow, March 8, 2025Broad ArrowMarch 8, 2025$90,000
1933 Pierce-Arrow 836 Eight CoupeRM Sotheby's, Jan. 23, 2026RM Sotheby'sJan. 23, 2026$105,000
1933 PIERCE-ARROW 836 CLUB SEDANBarrett-Jackson, Jan. 23, 2025Barrett-JacksonJan. 23, 2025$145,000
1932 PIERCE-ARROW MODEL 54 5-PASSENGER PHAETONBarrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$97,000
65-Years-Family-Owned 1931 Pierce-Arrow Model 42 Convertible CoupeBring a Trailer, Sept. 27, 2025Bring a TrailerSept. 27, 2025$70,000