Lot 150

1953 Cadillac Eldorado Convertible

To be auctioned on Saturday, March 11, 2006

Sold for $132,000

  • Chassis no. 536244493

210bhp 331 cu. in. overhead valve V8 engine, Hydra-Matic automatic transmission, independent coil spring front suspension, live rear axle and four-wheel power assisted drum brakes. Wheelbase: 115"

The early fifties were a time of wonder and excitement in America. The war was won, the GIs had returned home and were starting families and building businesses. Seemingly insatiable demand for all products, especially automobiles, created one of the country’s greatest periods of economic expansion.

The race to production after the war left no time for new designs – all efforts were focused on returning prewar designs to production. By 1949, however, new models abounded, supply had caught up to demand and competition returned to the market.

History would record that these factors would combine to stimulate the most exciting era of automotive excess. At the heart of it all was GM’s traveling Motorama, a no-holds-barred display of dazzling technology and stunning styling.

The most exciting news for 1953 was the birth of a legend – the new Eldorado. Based on a 1952 show car, the new convertible featured a unique wraparound windshield, a custom interior, and a daring dip in the beltline. Priced at $7,750, it was the most expensive car GM had ever offered. At nearly double the price of the coupe exclusivity was assured, and only 532 were built.

The new Eldorado was powered by Cadillac’s still-new overhead valve engine. Introduced in 1949, it was light and powerful, and quickly became a favorite in competition. In 1953 output was increased dramatically, from 160bhp to 210bhp, an increase of more than 25 percent. Like the other 1953 Cadillacs, electrical systems were upgraded to 12 volts as a result of the demand from power windows, power tops and other power accessories.

The example offered here is a very correct 1953 Eldorado Convertible that, although displaying an older restoration, remains is in very good overall condition. The Eldorado shows very well with the underbody, engine and bay all fully detailed. The Cadillac is understood to be an excellent running and driving car and is complete with every amenity offered at the time. Far and away, one of the most collectable postwar Cadillacs ever produced, this example lacks nothing in its presentation and will make for an excellent weekend driver.

In the eyes of many of today’s collectors, there is little doubt that the 1953 Eldorado is the most desirable postwar Cadillac ever built. With just 532 produced, it is also among the rarest, and it is this combination of rarity and desirability that has driven the demand for these outstanding automobiles.


Please note that the serial number for this vehicle is 536244493.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alain Squindo

Detroit, Michigan

Alain Squindo joined RM Auctions in 2007, after graduating from Georgetown University in Washington, D.C., with a degree in History. R... read more

Alex Classick


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United Kingdom

Alex Classick joined RM Europe in 2011 as a car specialist, after graduating from Nottingham University with a degree in Business Mana... read more

Alexander Weaver


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California, United States

Alexander Weaver joined RM Auctions in 2011 as a car specialist, after graduating from Furman University in South Carolina. Born into ... read more

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With post-secondary degrees in Economic Science and Mechanical Engineering, Annette Abaci initially worked part-time at Mercedes-Benz ... read more

Augustin Sabatié-Garat


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United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a senior car specialist, after more than a decade in the collector car hobby... read more

Dan Warrener


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Ontario, Canada

Possessing a degree in Economics from Brandon University, Dan Warrener spent the initial stages of his career working around the globe... read more

Don Rose


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United States

Don Rose joined RM Auctions in 2006, after many years of professionally trading sports and classic cars, and after earning a reputatio... read more

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Gord Duff


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Ian Kelleher


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Ian Kelleher began his automotive career immediately following his graduation from Oberlin College, with a B.A. in Politica... read more

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Ontario, Canada

Jack Boxstrom joined RM Auctions in late-1996 to assist with the recently acquired, and subsequently record-breaking, auction in Monte... read more

Max Girardo


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United Kingdom

Max Girardo started his career in the vintage automobile industry in 1998, joining Brooks Auctioneers (now Bonhams) as a car specialis... read more

Mike Fairbairn


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Ontario, Canada

As one of the three founding partners of RM Auctions, Mike Fairbairn has a longstanding interest in the classic car industry. Graduati... read more

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United Kingdom

Peter Wallman joined RM Europe in 2007, following nearly two decades in the international advertising industry, read more

Rob Myers

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Ontario, Canada

As chairman and founder of the RM Group of Companies, Rob Myers’s entire career has been devoted to the classic car industry. Ro... read more

Shelby Myers


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Shelby Myers literally grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to w... read more

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California, United States

Vinnie Mandzak joined RM Auctions’ California office in 2012 as a car specialist, following more than 30 years’ experience... read more