Misallocation

1947 Cadillac Series 62 Convertible Coupe

Sold at Mecum Auctions on May 15, 2026, offered with no reserve.

$55,000Confirmed

The price as reported by the house. Hammer price $50,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1947
Make and model
Cadillac Series 60, 61, 62 and 75
Generation
Cadillac 1942 to 1953
Gearbox
Automatic
Chassis
8454767
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 68 comparable sales.

Middle half of sales$19,188 to $60,920
Median$33,750
Sales behind it68Likely

From 68 sales of the Series 60, 61, 62 and 75 Cadillac 1942 to 1953 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $19,188 and $60,920.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1947 Cadillac Fleetwood SedanMecum, Oct. 29, 2025MecumOct. 29, 2025$10,000
1947 Cadillac Series 62 ConvertibleBring a Trailer, May 26, 2025Bring a TrailerMay 26, 2025$63,000
1947 Cadillac Series 62 Custom SedanMecum, May 14, 2025MecumMay 14, 2025$40,000
1947 Cadillac Series 62 Club CoupeBring a Trailer, Dec. 30, 2024Bring a TrailerDec. 30, 2024$25,250
1948 Cadillac Series 62 ConvertibleMecum, Sept. 26, 2026MecumSept. 26, 2026$75,000
1947 Cadillac Series 62 ConvertibleBring a Trailer, May 19, 2026Bring a TrailerMay 19, 2026$69,000
1947 Cadillac Series 62 Five-Passenger Touring SedanBroad Arrow, March 7, 2026Broad ArrowMarch 7, 2026$50,000
1947 Cadillac Series 62 ConvertibleRM Sotheby's, Feb. 27, 2026RM Sotheby'sFeb. 27, 2026$85,000