Misallocation

1968 Mercedes-Benz 280SE Cabriolet

Sold at Mecum Auctions on Nov. 10, 2023, offered with no reserve.

$82,500Confirmed

The price as reported by the house. Hammer price $75,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1968
Make and model
Mercedes-Benz S-Class W111 to W126 and coupes
Generation
W111 and W112 coupes, cabriolets and fintails
Version
280 SE Cabriolet
Gearbox
Automatic
Chassis
11102412001167
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

Below the middle half of 15 comparable sales, 24% under its bottom.

Middle half of sales$92,750 to $135,000
Median$100,000
Sales behind it15Likely

From 15 sales of the Mercedes-Benz S-Class W111 to W126 and coupes 280 SE Cabriolet (W111 and W112 coupes, cabriolets and fintails) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $92,750 and $135,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1969 Mercedes-Benz 280SE ConvertibleMecum, April 11, 2026MecumApril 11, 2026$100,000
1968 Mercedes-Benz 280SE Cabriolet 4-SpeedBring a Trailer, Nov. 19, 2025Bring a TrailerNov. 19, 2025$127,500
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, Nov. 8, 2025Bring a TrailerNov. 8, 2025$88,000
1968 Mercedes-Benz 280SE CabrioletBring a Trailer, May 7, 2025Bring a TrailerMay 7, 2025$90,000
1969 Mercedes-Benz 280SE CabrioletBring a Trailer, March 6, 2025Bring a TrailerMarch 6, 2025$78,500
1969 Mercedes-Benz 280SE ConvertibleMecum, Jan. 18, 2025MecumJan. 18, 2025$97,500
1970 Mercedes-Benz 280SE CabrioletBring a Trailer, Oct. 29, 2026Bring a TrailerOct. 29, 2026$95,500
1969 Mercedes-Benz 280 SE CabrioletBroad Arrow, Oct. 2, 2026Broad ArrowOct. 2, 2026$160,000