Equipment
427, 4-speed, side exhaust, Halibrand wheels, Goodyear Eagle tires, roll bar, woodrim steering wheel, Raydot mirror. Leather upholstery.
Condition
Originally a 428 car, run off the road in the late 1960s with body damage, converted to 427 S/C appearance in 1971. Then restored in the `80s and has competition suspension replicating a factory competition car. It got another full restoration that wrapped up last year. With a replacement 427 Ford and many upgrades It isn't close to as it left Shelby American in 1966, but it is a real deal big-block Cobra restored to showable standards and hardly driven since.
Market commentary
Impressively presented, but emphatically not what it appears to be, this is a beautiful car with so many modifications and updates it is barely recognizable as the Shelby Cobra that left Shelby's in 1966. Its value is discounted from a correct 428 Cobra and even the discount here may not hold up over time. There are many 427-swapped 428 Cobras, but few as thoroughly updated as this. It's a real Cobra that looks and goes like a 427 S/C (Semi-Competition) but at this price comes at about a $1M discount. Still a fair result to the seller, though, and it actually may have brought less if it still had its original Police Interceptor mill peeking out from the hood scoop.