1938 Lincoln Model K Vehicle Profile

Cabriolet Limousine
Coachwork: Brunn
Henry Martin Leland is inextricably linked as the brilliant engineer who not only founded Cadillac, but was also responsible for many innovations during his tenure. He was 74 years old when he quit General Motors after a quarrel with Billy Durant. Following his departure, Leland set up a company to produce Liberty aircraft engines receiving a $10 million advance contract. As the war ended, Leland was beset with a huge factory, 6,000 employees, and mounting debt. Building an automobile was what he knew best, and that's what he did. Within three hours of announcing his new automobile, Leland had raised $6.5 million in stock. The automobile was named Lincoln, in honor of the first president for whom Leland had voted. After 17 months, just 3,400 had been sold and Leland's board of directors acted quickly to stem the red ink. On February 4th of 1922, Ford Motor Company bought the Lincoln Motor Company for $8 million. Leland departed just four months later.

By 1938, the luxury automobile market was disappearing. Lincoln was one of the last companies building these cars and in 1938 with total sales of only 416 cars, the company offered 19 different body styles, including 13 different custom bodies - more than any other American luxury car builder.

Lincoln had recognized the decline of the luxury car market by introduced its medium-priced Lincoln-Zephyr in 1936. An immediate hit, nearly 20,000 were sold in 1938.

Thanks to Edsel Ford's personal interest in the marque, Lincoln was a rare survivor of the Great Depression. This long wheelbase Model K Seven Passenger chassis carries a 3-window semi-collapsible cabriolet body custom built for Elizabeth Cates of Ohio. Mrs. Cates ordered the Brunn body with an enclosed roof for the chauffeur and extra headroom to accommodate her husband's tall silk hat. It was given numerous special touches dictated by Mrs. Charles H. Cates of Youngstown, Ohio. The list includes the extra-tall town car body to accommodate Mr. Cates' top hat, along with a solid roof over the chauffer's compartment so that Leonard Prather, her chauffer of 30 years, was protected. She requested black medallions on the wheel covers in lieu of the normal blue cloisonne, and key locks in the hood to prevent intrusion into the engine compartment. The car remains in nearly original condition with just 30,000 miles on the odometer.


No auction information available for this vehicle at this time.


Chassis number Auction Sales History

2016 2
2015 2
2014 1
2013 1
2012 1
2011 2
2010 2
2008 1
2006 1
2005 1

YearAvg. SaleHigh Sale# of Sales

Recent Sales

(Data based on Model Year 1938 sales)
1938 Lincoln Model K Limousine
Sold for $60,000
  2016 Mecum : Dallas
Chassis#: K9059
Sold for $123,200
  2016 Scottsdale, The Westin Kierland Resort & Spa
1938 Lincoln Model K LeBaron Coupe Roadster
Chassis#: K 8193
Sold for $99,000
  2015 Dragone Auction - Fall
1938 Lincoln Model K Coupe by LeBaron
Chassis#: K9314
Sold for $231,000
  2015 RM Sotheyb's : The Andrews Collection
1938 Lincoln Model K Convertible Sedan with Partition Coachwork by LeBaron
Chassis#: K9181
Sold for $81,400
  2014 Greenwich Concours D'Elegance Auction
1938 Lincoln Model K Convertible Victoria by Brunn
Chassis#: K-9139
Sold for $176,000
  2013 RM Auctions - Amelia Island
1938 Lincoln K Semi-Collapsible Cabriolet Coachwork by Brunn & Company
Sold for $152,500
  2012 Mecum - Dallas, TX
1938 Lincoln Model K Convertible Victoria by Brunn
Chassis#: K-9139
Sold for $203,500
  2011 RM Auctions - Hershey
Chassis#: K90002
Sold for $214,500
  2011 Worldwide Auctions - The Auburn Auction
1938 Lincoln Model K Convertible Victoria by Brunn
Sold for $200,750
  2010 Auctions America : Auburn Collector Car Auction
Sold for $60,500
  2010 Barrett-Jackson - Scottsdale 2010
1938 Lincoln Model K Convertible Victoria
Chassis#: K9002
Sold for $192,500
  2008 Sports & Classics of Monterey by RM Auctions
1938 Lincoln K Brunn Semi-Collapsible Cabriolet
Chassis#: K9189
Sold for $143,000
  2006 Jerry Capizzi's Cappy Collection
1938 Lincoln Model K V12 Touring Cabriolet
Sold for $64,200
  2005 The Florida Collector Car Auction
1938 Lincoln Model K Willoubhy Limo
Sold for $37,400
  2003 J.C. Daniels Estate - Lincoln Collection

No Sale

1938 Lincoln Model K's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1938 Lincoln Model K Convertible VictoriaK90022011 Gooding and Company Pebble Beach Auctions $300,000$350,000
1938 Lincoln K 2011 Branson Collector Car Auction$260,000  
1938 LINCOLN K BERLINE 2001 Kruse Auction Auburn, IN$17,100  


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Vehicle information, history, and specifications from concept to production.

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