In 1953 the Eldorado name was introduced to mark Cadillac’s golden anniversary.
It became their flagship car and was limited to an exclusive Sport Convertible Coupe that was nearly double the standard Series 62 Convertible Coupe. Compared to a standard Series 62, the Eldorado featured different bodypanels with a signature dip on the top of the doors.
The Eldorado which translated to “the gilded one” – was a fitting name, as the limited-edition Cadillac cost an astounding $7,750 which was nearly double that of any other Cadillac model.
It was Detroit’s most expensive car, but, it was also one of the finest American automobiles built in the 1950s.