Unsold

1966 Shelby Cobra 428

VIN: CSX3283

$1,300,000

Unsold

High bid

Seller details

Vehicle specs

  • Chassis/VIN

    CSX3283

  • Body style

    Roadster

  • Transmission type

    Standard

  • Engine Type

    V8

  • Horsepower

    355

  • Induction

    4bbl

  • Interior Color

    Black

  • Exterior Color

    Green

  • Generation

    1962-1967 Shelby Cobra

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

427/433hp, dual quads, 4-speed, silver painted centerlock starburst wheels, Avon tires, wind wings, grille and trunk guards.

Condition

#2 Excellent

Could win a regional car show. Drives like new.

About Hagerty’s condition ratingsClose

The original 428 Ford was replaced by a Holman-Moody 427 for the original owner, now replaced by a new block. Excellent paint, chrome and interior. Clean, fresh engine compartment. Freshly restored and impossible to fault but modified, restored and fiddled with during its lifetime. Originality is not a consideration but its history is well-documented.

Market commentary

“Not the original engine” twice over but the satisfaction of having a real 427 instead of just a “427” badge on the fender and a 428 under the hood more than makes up for the difference. This Holman-Moody 427-powered coil spring Cobra was sold by Gooding at Amelia in 2018 for $1,457,500 and has added only 240 miles to the odometer since then while still being in essentially showroom condition. The lower bid isn’t unexpected in early 2024, but neither is the owner’s decision to hang onto it to wait for a better offer even if it will be elusive in today’s market.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.