Misallocation

1956 Packard Caribbean Convertible

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

$77,000Confirmed

The price as reported by the house. Hammer price $68,750, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1956
Make and model
Packard Caribbean
Generation
Caribbean (1953 to 1956)
Version
Caribbean (1953 to 1956)
Chassis
56991014
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, 21% over its top.

Middle half of sales$30,750 to $57,000
Median$42,500
Sales behind it11Likely

From 11 sales of the Packard Caribbean (1953 to 1956) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $30,750 and $57,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1956 Packard Caribbean HardtopMecum, July 25, 2026MecumJuly 25, 2026$29,500
1955 Packard Caribbean ConvertibleBring a Trailer, Feb. 8, 2026Bring a TrailerFeb. 8, 2026$56,000
1955 Packard Caribbean ConvertibleMecum, March 20, 2025MecumMarch 20, 2025$33,000
1954 Packard CaribbeanRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$54,018
1954 Packard Caribbean ConvertibleBring a Trailer, June 5, 2025Bring a TrailerJune 5, 2025$9,500
1954 PACKARD CARIBBEAN CONVERTIBLEBarrett-Jackson, Jan. 23, 2025Barrett-JacksonJan. 23, 2025$32,000
1953 Packard CaribbeanRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$58,000
1953 Packard CaribbeanRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$42,500