Misallocation

1957 Mercury Monterey Convertible

Sold at RM Sotheby's on Oct. 8, 2026.

$45,920Confirmed

The price as reported by the house. Hammer price $41,000, before the buyer's premium. Read from the house's results Nov. 10, 2026.

The car

Year
1957
Make and model
Mercury Monterey
Generation
Monterey (1950 to 1960)
Version
Monterey (1950 to 1960)
Chassis
57ME59746M
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 14 comparable sales, 105% over its top.

Middle half of sales$8,213 to $20,000
Median$13,250
Sales behind it14Likely

From 14 sales of the Mercury Monterey (1950 to 1960) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $8,213 and $20,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1957 Mercury MontereyMecum, May 9, 2026MecumMay 9, 2026$11,000
1957 Mercury Monterey Hardtop SedanBring a Trailer, Feb. 11, 2026Bring a TrailerFeb. 11, 2026$6,500
1957 Mercury Monterey ConvertibleMecum, May 11, 2025MecumMay 11, 2025$20,000
1956 Mercury Monterey HardtopMecum, Jan. 7, 2026MecumJan. 7, 2026$9,450
1956 Mercury MontereyMecum, March 18, 2025MecumMarch 18, 2025$29,000
1955 Mercury Monterey Hardtop Coupe 3-SpeedBring a Trailer, July 19, 2026Bring a TrailerJuly 19, 2026$6,789
1955 Mercury Monterey HardtopMecum, Jan. 9, 2026MecumJan. 9, 2026$15,000
1955 Mercury Monterey Hardtop Coupe 3-SpeedBring a Trailer, Nov. 16, 2024Bring a TrailerNov. 16, 2024$7,600