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Equipment
Repro Halibrand wheels (originals included), Radial T/A tires, dual quads, woodrim steering wheel, Smiths gauges, 36-gallon fuel tank, original top and tonneau cove, bumpers, grille and trunk guards
Condition
#3 Good
Runs and drives well. Flaws not noticeable to passersby. Most common condition.
Well-known Jones Brothers Cobra, wearing body from CSX3005 that was fitted in period following an accident. A correct 427 engine was installed following 2005 damage to the original. Long term owned by Bill and Bud Jones, nearly 40 years. Featured in ads for their company, Mr. Formal WearSome swirls in the paint. Spotting on the windshield brightwork. Chipped windshield. The original seats are in good condition, as is the rest of the interior. Sympathetic restoration in 2015 brought this a Cobra back to street specs, losing the added hood scoop, rear fender scoops and side pipes.
Market commentary
Sold by Mecum in Monterey in 2010 for $689,000 and then sold by RM in Arizona three years ago for $990,000. The car's checkered history certainly detracts from its value even though it is a genuine big-block Cobra 427. Cobra prices also haven't done much since its last trip to auction, so the price here is as appropriate as it was three years ago.