Equipment
289/271hp, 4-speed, wire wheels, wind wings, woodrim steering wheel, Stewart Warner gauges, aluminum Cobra valve covers.
Condition
Documented ownership from new, including 47 years with one owner. Factory-optioned with luggage rack that is no longer fitted. Restored in the 1980s and again in the 2010s. Good paint, but the driver''s door is out of alignment and doesn’t close fully when latched. The engine compartment is immaculate and so it the underbody. The driver''s seat has some stretching from use. A decent looking Cobra that just needs a few items addressed.
Market commentary
Sold by Gooding & Company at Pebble Beach in 2015 for $902,000 and color changed since back to its original Vineyard Green. It was a fine Cobra in 2015 and so it is today having added just over 120 miles to the odometer since then. It also is breathtakingly expensive in this transaction and nothing in its history sets it apart from similar 289 Cobras. It would have been fully valued within RM’s pre-sale estimate range and this result is a hammer bid 25% over the high estimate.