Misallocation

1956 Lincoln Premiere Convertible

Sold at Mecum Auctions on May 18, 2023.

$72,600Confirmed

The price as reported by the house. Hammer price $66,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1956
Make and model
Lincoln Premiere
Generation
Premiere (1956 to 1960)
Version
Premiere (1956 to 1960)
Chassis
56WA37545L
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 12 comparable sales, 163% over its top.

Middle half of sales$13,125 to $25,107
Median$16,250
Sales behind it12Likely

From 12 sales of the Lincoln Premiere (1956 to 1960) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $13,125 and $25,107.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1956 Lincoln Premiere ConvertibleBring a Trailer, Sept. 6, 2026Bring a TrailerSept. 6, 2026$8,200
1956 Lincoln Premiere ConvertibleRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$31,429
1956 Lincoln Premiere HardtopMecum, Oct. 3, 2025MecumOct. 3, 2025$17,000
1956 Lincoln Premiere HardtopMecum, March 20, 2025MecumMarch 20, 2025$23,000
1956 Lincoln Premiere ConvertibleBring a Trailer, Jan. 23, 2025Bring a TrailerJan. 23, 2025$33,000
1957 Lincoln Premiere 4-Door SedanBring a Trailer, July 25, 2026Bring a TrailerJuly 25, 2026$8,057
1957 Lincoln Premiere HardtopMecum, Jan. 7, 2026MecumJan. 7, 2026$13,500
1957 Lincoln Premiere ConvertibleRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$78,571