Evaluation: One of 43 built, of which only three are known to survive. Known ownership history from new and a 5-year restoration completed in 1999. Very good paint, chrome, interior, wood, woodgrained dashboard, gauges, and interior chrome. The engine compartment is freshly detailed and spotless. A rare model exclusive to the Canadian market, produced in small quantities, with a quality restoration that is holding up well.
Bottom Line: Among the Steelewood Collection wood-bodied wagons this Monarch was a standout car and a standout result, reflecting the rarity of the car and the appeal of the little-known “Monarch” brand. The result is nearly double that brought by the otherwise similar ’50 Mercury wagon in this collection and the major premium is attributable solely to the Monarch nameplate.