Misallocation

1954 Morgan Plus 4 Roadster

Sold at Mecum Auctions on Jan. 15, 2026.

$51,700Confirmed

The price as reported by the house. Hammer price $47,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1954
Make and model
Morgan Plus 4
Generation
Plus 4 (1950 to on)
Gearbox
Manual
Chassis
P3069
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Above the middle half of 30 comparable sales, 58% over its top.

Middle half of sales$17,250 to $29,750
Median$22,175
Sales behind it30Likely

From 30 sales of the Morgan Plus 4 (1950 to on) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $17,250 and $29,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1954 Morgan Plus 4Bring a Trailer, April 22, 2026Bring a TrailerApril 22, 2026$18,530
1954 Morgan Plus 4 ProjectBring a Trailer, Sept. 30, 2025Bring a TrailerSept. 30, 2025$18,000
1953 Morgan Plus 4 ProjectBring a Trailer, April 2, 2025Bring a TrailerApril 2, 2025$5,000
57-Years-Owned 1953 Morgan Plus 4 ProjectBring a Trailer, Nov. 29, 2024Bring a TrailerNov. 29, 2024$6,000
47-Years-Owned 1951 Morgan Plus 4 5-SpeedBring a Trailer, Oct. 27, 2026Bring a TrailerOct. 27, 2026$25,000
1956 Morgan Plus 4 ProjectBring a Trailer, July 25, 2026Bring a TrailerJuly 25, 2026$6,400
Five-Decades-Owned 1957 Morgan Plus 4 Drophead CoupeBring a Trailer, Sept. 2, 2025Bring a TrailerSept. 2, 2025$32,000
1958 Morgan Plus 4Bring a Trailer, April 30, 2025Bring a TrailerApril 30, 2025$34,500

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Jan. 15, 2026Sold (this sale)MecumMecum$51,700
March 20, 2026Did not sellMecumMecum$37,000 high bid