Misallocation

1927 Lincoln Model L 'Two-Window' Sedan

Sold at RM Sotheby's on Oct. 11, 2019, offered with no reserve.

$37,950Confirmed

The price as reported by the house. Hammer price $33,884, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1927
Make and model
Lincoln Model L
Generation
Model L (1920 to 1930)
Chassis
43904
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

Inside the middle half of 7 comparable sales.

Middle half of sales$33,250 to $55,250
Median$40,000
Sales behind it7Likely

From 7 sales of the Lincoln Model L (1920 to 1930) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $33,250 and $55,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1928 Lincoln Model L Sport PhaetonGooding Christie's, Sept. 20, 2025Gooding Christie'sSept. 20, 2025$130,000
1925 Lincoln Model L Sport Touring by BrunnRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$50,000
1929 Lincoln Model L Sport Touring by LockeBring a Trailer, April 17, 2026Bring a TrailerApril 17, 2026$60,500
1929 Lincoln Model L Sport Touring by LockeRM Sotheby's, Jan. 23, 2026RM Sotheby'sJan. 23, 2026$40,000
1929 Lincoln Model L 'Three-Window' SedanRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$22,098
1925 Lincoln Model L Limousine by BrunnBring a Trailer, April 14, 2025Bring a TrailerApril 14, 2025$37,000
1930 Lincoln Model L Five-Passenger SedanBring a Trailer, Oct. 26, 2026Bring a TrailerOct. 26, 2026$29,500