Misallocation

1948 MG TC Boattail Speedster

Sold at Mecum Auctions on Jan. 10, 2026, offered with no reserve.

$58,300Confirmed

The price as reported by the house. Hammer price $53,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1948
Make and model
MG T-series
Generation
TC
Gearbox
Manual
Chassis
TC6287
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 31 comparable sales, 105% over its top.

Middle half of sales$15,150 to $25,875
Median$20,500
Sales behind it31Likely

From 31 sales of the MG T-series TC in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $15,150 and $25,875.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Modified 1948 MG TC 5-SpeedBring a Trailer, Oct. 25, 2026Bring a TrailerOct. 25, 2026$24,500
34-Years-Owned 1948 MG TCBring a Trailer, Sept. 30, 2026Bring a TrailerSept. 30, 2026$10,250
1948 MG TCBring a Trailer, Sept. 8, 2026Bring a TrailerSept. 8, 2026$18,750
1948 MG TC RoadsterMecum, Oct. 4, 2025MecumOct. 4, 2025$19,000
27-Years-Owned 1948 MG TCBring a Trailer, Oct. 2, 2025Bring a TrailerOct. 2, 2025$22,250
1948 MG TC SPECIAL ROADSTER RE-CREATIONBarrett-Jackson, Jan. 23, 2025Barrett-JacksonJan. 23, 2025$40,000
Flathead-Powered 1949 MG TCBring a Trailer, Oct. 24, 2026Bring a TrailerOct. 24, 2026$15,000
31-Years-Owned Supercharged 1949 MG TC EXUBring a Trailer, Oct. 12, 2026Bring a TrailerOct. 12, 2026$20,500