1st Generation 1964 1/2 - 1973 - Questions & general discussions that apply to a specific year > 1967 Shelby

Mecum Auction

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kkupec02:
I see two GT 500's sold at Mecum Indianapolis this weekend. #706 fresh restoration sold for $275k and #775 unrestored sold for $104.5. Looks like the buyer of #775 got a deal.

J_Speegle:
Maybe yes- Maybe no. Don't know anyone that shared the details of the cheaper one that lacked a restoration and a fair number of original parts. Given the look and limited pictures of it no telling what condition it was really in or if it even ran.  Might not have had any floors or may have had other damage but if you add a $100K restoration and another $10-15K of parts then it might not be a deal for many. Unlike many here allot of people don't want to do any more work that to turn a key over to start a car and could never live with the common comments about a car in this condition if taken to your local car show.

Just an opinion but at a major auction few great buys get by the dealers, buyers or speculators. Most of the time IMHO its the reverse, Someone spends more money than a car is worth or misses allot of expensive to fix details or even a possible fake.

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