Money for Mustangs

Mecum Brings Buyers

Larry Jewett - February 02, 2014 12:00 AM


The top selling Mustang was KK 1696


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 Early generation Mustangs set some good marks for future 2014 auctions with the results of the Kissimmee Mecum activity. It seems Shelby Mustangs are going to hold their place in the six-figure range throughout the year, which is the 50th anniversary of the Mustang.

1) 1969 Ford Mustang Boss 429 Fastback, KK #1696, 429/375 HP, Four-Speed (Lot S141) – Sold for $240,000

This 1969 Boss 429 is Kar Kraft number 1696, one of very few still in existence that remains unrestored but for a single repaint in the original Candyapple Red. A popular and high-profile feature of the famed Floyd Garrett Muscle Car Museum in Sevierville, Tennessee for approximately 10 years, it still retains its original matching numbers 429/375 HP engine, BorgWarner four-speed close ratio manual transmission and 3.91 rear end with Traction-Lok differential. Documentation for this car includes an Elite Marti Report.

2) 1967 Ford Mustang Resto Mod, 468/550 HP, Five-Speed (Lot F265) – Sold for $185,000

A 1,400 man-hour rotisserie restomod buildup transformed this 1967 Ford Mustang. The car is a consistent head turner, thanks to its Eleanor body features and PPG Red Fire base coat/clear coat, Silver Super Snake stripes and polished alloy wheels. Jack Roush Racing supplied the car’s Shelby aluminum FE 468 engine. Autographs by Jack Roush and the late great Carroll Shelby are special touches on this crowd-pleasing modded Mustang.

3) 1966 Shelby GT350H Fastback, 289 CI, Automatic (Lot S194) – Sold for $160,000

This 1966 Shelby GT350H was delivered new to Archway Motors, Inc. of Baltimore, who then prepared it for delivery to Hertz Baltimore in April 1966. It was purchased by its original owner, Edward T. Johnson of Milan, New Mexico. Johnson had a Paxton supercharger installed but, according to the car’s entry in the Shelby Registry, he “removed it and sold it to purchase a ring for his wife for their anniversary”. Among a number of other owners was Jeff Conley, Vice President of Shelby of New England.

4) 1966 Shelby GT350 Fastback, 289/306 HP, Four-Speed (Lot S175) – Sold for $137,700

The Shelby GT350 was a dialed-back version of what Shelby and Ford actually had in mind: a race-ready Mustang prepared to dominate B-Production competition and win the SCCA National Championship. Changes were made to the 1966 model to soften the day-to-day driving experience, but the first 252 1966 cars were actually carried over 1965 models. This 1966 GT350, serial number SFM6S316, was restored by its third owner Mark Hereford and completed to full “R” racing specification. This R-spec GT350 is ready – and just right – for action on both the track and the open road, just as Carroll Shelby intended.

5) 1967 Shelby GT500 Fastback, 428 CI, Four-Speed (Lot S188) – Sold for $137,500

While 1967 Mustangs were limited to a 390/320 hp engine, Shelby took his usual liberties in the horsepower department and dropped in a modified Police Interceptor 428 CI V-8. Only 172 Shelby GT500s were finished in this beautifully restored example’s Candyapple Red, approximately 75 of which were four-speed equipped. Restored to factory specifications with no modifications, it is listed in the Shelby Registry with notes from four previous owners and is further documented with copies of the production order, warranty and policy form and a Deluxe Marti Report.

6) 1969 Shelby GT500 Fastback, 428 CI, 4-Speed (Lot S156.1) – Sold for $135,000

The 1969 Shelby GT500 was truly distinctive, even for Shelby. This award winning 1969 GT500 was built on May 28, 1969. Splashed in glorious Grabber Yellow with a Black Deluxe Décor interior, this rare Shelby also offers tinted glass, a fold-down Sport Deck rear seat and the original Philco AM radio. The car has been restored to Shelby Gold Award status and in 2006 was awarded the Mustang Club of America’s Award of Excellence.

7) 1968 Shelby GT350 Convertible, 302 CI, Four-Speed (Lot F141) – Sold for $102,500

There have been five owners of this beautiful convertible, but each has provided the tender loving care necessary to make the car a stellar example in the world of Shelby Mustangs. This 1968 Shelby GT350 features a power top and is included in the Shelby Registry. It retains the original invoice and order form and has been further documented by a previous owner with a Marti Report.

8) 1970 Ford Mustang Boss 302 Fastback, 302/290 HP, Four-Speed (Lot F228) – Sold for $97.000

Ford found it necessary to develop a high-winding small block Mustang to go toe to toe with the Chevrolet Camaro Z28 in the popular Trans Am racing series and on the street. The answer was the Boss 302. Ford sold 1,700 Boss 302 Mustangs that first year, and the cars proved so successful that in 1970 Ford sold over 6,300 examples. The car retains both the correct smog control system and rev limiter (required in the Boss 302 to prevent over-revving – an apparently common tendency of drivers of the period), and also features the popular but rare Shaker hood scoop. Documentation includes the invoice and warranty card, a copy of the window sticker and a Marti Report.

9) 2011 Ford Shelby GT350 45th Anniversary, 5.0/525 HP, Six-Speed, Polished Supercharger (Lot F119) – Sold for $90,000

 This modern Mustang serves as a good representation of why the brand remains popular after almost 50 years. The limited edition run was placed at 159 cars and fewer than half were equipped with the 525 horsepower engine. This is 1 of 30 with the polished supercharger. Registered as CSM 161, it shows only 2,000 miles on the odometer, surrounded by the custom red, white and blue interior.

10) 1970 Ford Mustang Mach 1 Fastback, 428/335 HP, 4-Speed (Lot T160) – Sold for $80,000

 The time to buy this car was right as the ’70 just returned from a concours restoration. Few were made in 1970 with the four-speed transmission, but this numbers-matching example also offered the 428 engine. It is the original interior and exterior combination, has front and rear spoilers and the popular fold down rear seat. Enthusiasts love the Magnum 500 wheels that are sure to draw attention everywhere the car is taken.

11) 1968 Ford Mustang Fastback, 390 CI, Five-Speed (Lot T278) – Sold for $80,000

The idea of transforming this 1968 Ford Mustang Fastback came early on in the car’s life, when the owner followed Carroll Shelby’s example to produce this Shelby GT500 replica. It carries practically every detail that made the real Shelby such an outstanding marriage of high style and sheer big block performance. Powered by Ford’s 390 CI big block engine mated to a Tremec five-speed manual transmission and offering power steering and disc brakes, this well-executed Shelby GT500 replica is brilliantly detailed.