Misallocation

1940 Packard One-Twenty Convertible Coupe

Sold at RM Sotheby's on Nov. 6, 2024, offered with no reserve.

$35,200Confirmed

The price as reported by the house. Hammer price $32,000, before the buyer's premium. Read from the house's results Oct. 26, 2026.

Photo: RM Sotheby's

The car

Year
1940
Make and model
Packard One-Twenty and One-Ten
Generation
One-Twenty and One-Ten (1935 to 1942)
Version
One-Twenty and One-Ten (1935 to 1942)
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 9 comparable sales.

Middle half of sales$21,000 to $54,000
Median$26,000
Sales behind it9Likely

From 9 sales of the Packard One-Twenty and One-Ten (1935 to 1942) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $21,000 and $54,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1940 PACKARD 120 CONVERTIBLEBarrett-Jackson, Jan. 25, 2025Barrett-JacksonJan. 25, 2025$85,000
1941 Packard One-Twenty Convertible CoupeBring a Trailer, June 15, 2026Bring a TrailerJune 15, 2026$44,500
1939 Packard 120 CoupeMecum, Jan. 7, 2026MecumJan. 7, 2026$21,000
1941 Packard 120 CoupeMecum, Sept. 21, 2025MecumSept. 21, 2025$25,000
1941 Packard 110 Station WagonGooding Christie's, Aug. 16, 2025Gooding Christie'sAug. 16, 2025$20,000
1937 Packard 120 CoupeMecum, Sept. 25, 2026MecumSept. 25, 2026$100,000
1936 Packard 120 SedanMecum, Jan. 12, 2026MecumJan. 12, 2026$8,350
1936 Packard 120 CoupeMecum, Oct. 2, 2025MecumOct. 2, 2025$26,000