Misallocation

1969 Mercedes-Benz 280SE Convertible

Sold at Mecum Auctions on Jan. 18, 2025.

$107,250Confirmed

The price as reported by the house. Hammer price $97,500, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1969
Make and model
Mercedes-Benz S-Class W111 to W126 and coupes
Generation
W111 and W112 coupes, cabriolets and fintails
Version
280 SE Cabriolet
Gearbox
Automatic
Chassis
11102512003057
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 14 comparable sales.

Middle half of sales$91,375 to $138,750
Median$102,250
Sales behind it14Likely

From 14 sales of the Mercedes-Benz S-Class W111 to W126 and coupes 280 SE Cabriolet (W111 and W112 coupes, cabriolets and fintails) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $91,375 and $138,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1969 Mercedes-Benz 280SE ConvertibleMecum, April 11, 2026MecumApril 11, 2026$100,000
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, Nov. 8, 2025Bring a TrailerNov. 8, 2025$88,000
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, March 6, 2025Bring a TrailerMarch 6, 2025$78,500
1970 Mercedes-Benz 280SE CabrioletBring a Trailer, Oct. 29, 2026Bring a TrailerOct. 29, 2026$95,500
1969 Mercedes-Benz 280 SE CabrioletBroad Arrow, Oct. 2, 2026Broad ArrowOct. 2, 2026$160,000
1969 Mercedes-Benz 280 SE CabrioletBroad Arrow, Aug. 14, 2026Broad ArrowAug. 14, 2026$142,500
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, Oct. 31, 2025Bring a TrailerOct. 31, 2025$125,000
Original-Owner 1969 Mercedes-Benz 280SE CabrioletBring a Trailer, July 14, 2025Bring a TrailerJuly 14, 2025$100,000