Equipment
Chrome wire wheels, blackwall tires. Rack and pinion steering. Passed around through several owners in the 60s and 70s, then given a lick and a promise restoration in the 70s to the standards of the time. Replacement engine block. Attractive, but not impressively preserved, it is a restoration candidate.
Market commentary
Sold by RM at Monterey in 2008 for $605,000 in parlous condition with peeling paint and a host of other ills, its been updated cosmetically, but not comprehensively and is about as close as any 289 Cobra can be to just a car status today. The bid is right for its condition, history and replacement engine. The seller was wearing blinders not to see the opportunity to take it on the chin and move on. Its not going to get any better.