Forgotten Fullsize: 1959 Lincoln Continental Mark IV Coupe – $18,500

by | Oct 2021 | Classifinds, Free For All Friday

If you’re looking for a fun trivia question the next you want to stump your fellow car lovers, ask them what was the first year Lincoln made the Continental Mark IV.  While most will incorrectly yet confidently reply, “1972” after you read this post you’ll know it was actually 1959. This 1959 Lincoln Continental Mark IV Coupe currently listed here on Craigslist in Doylestown, Pennsylvania (Philadelphia) serves as proof first used the “Mark IV” moniker for their 1959 offering in a similar vein as Chrysler did with its early 300 letter cars.

A daily-driver quality car in need of a restoration, the private seller is currently asking $18,500.  Comparing that price against the Hagerty Insurance Online Valuation Tool confirms the private seller has their Mark IV optimistically priced between this guide’s #3 “Good” estimate of $17,900 and its #2 “Excellent” appraisal of $38,900.  Similarly, the  Collector Car Market Review Online Tool proves the seller’s ask falls optimistically between this guide’s #3 “G00d” estimate of $16,950 and its #2 “Very Good” appraisal of $23,600.

The Hagerty Insurance Valuation Tool also provides a great synopsis of the 1958-1960 Lincoln Continentals:

“The 1958 Continental Mark III cars and 1959 Lincoln Continental Mark IV and 1960 Lincoln Continental Mark V cars are largely forgotten, and in fact, were purposely “un-remembered” by Ford Motor Company which introduced a new Lincoln Continental Mark III in 1968 in the genre of the 1956-1957 cars, but at a far more “popularly priced” sales point. These 1958-1960 cars were the largest unit-construction cars ever built, and were constructed alongside the Ford “square bird” Thunderbird four-seaters at a brand new Wixom, Michigan plant.

Unbeknownst to the public, Ford was able to engineer these lower production number cars to share the most expensive mass production underbody pressings in a bid to make them profitable, which succeeded. As noted, by 1959, the Continental Division was no more and was absorbed back into Lincoln, with Continental merely being the upscale model name for the higher-priced Lincolns. But in fact, 1958 cars were exactly that – but merely sold by a special division through Lincoln dealers.

These cars are so forgotten that they now must be so rare as to be highly collectible. When is the last time that you saw one? Mark III, IV and V Continental convertibles are, in fact, Milestone cars. Interestingly enough, these cars weighed in at over 2 ½ tons and were considered massive, heavy, comfortable, ultra-luxury cars when new – but weigh no more than many large SUVs of the current day. Fuel economy, however, is an oxymoron with these cars due to their then all-new, massive, and heavy 430 cubic inch V8 engine initially producing as much as 400 hp, with three two-barrel carburetors (which were a 1958 factory option). By 1960, the car had been detuned to 315 hp with a single two-barrel carburetor in the interest of improving the MPG’s from about 9 to about 12. Even the wealthy were complaining about 9 miles per gallon given the high prices of premium leaded gas at some 30 cents per gallon!”

This video posted on YouTube provides a behind-the-wheel perspective of what it’s like to drive a 1959 Lincoln Continental:

The biggest challenge when setting out to restore a rare Lincoln such as the car featured here is whether all of the trim and accessories remain in place. Luckily, that seems to be the case with this car.  If you are serious about buying this classic Lincoln, you can start the conversation by calling Chris at (215) 518-0293. When you connect, please remember to mention you saw his 1959 Continental Mark IV featured here on GuysWithRides.com. Good luck with the purchase!

Here’s the seller’s description:

1959 Lincoln Continental Mark 4 two-door coupe, super solid car. All original with one older repaint, 430 MEL engine, automatic trans, power brakes, power steering, Air Conditioning, town country radio, foot signal seek radio, power windows, power locks, power antennae, power locks, power back window, and power trunk release. Running driving car. 90,000 miles on it.New tires, brakes ( master cylinder, shoes, cylinders, lines etc ) , new shocks. AC works too. New battery rebuilt, radiator, etc. $ 18,000 OBO. Call Chris two15/518/029three”

Restore or customize: what would you do with this diamond-in-the-rough Lincoln?  Comment below and let us know!

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