1966 Shelby GT350

$159,500

Sold

Seller details

  • Auction

    Bonhams

  • Location

    Greenwich, CT; US

  • Event date

    Jun 5, 2016

  • Lot

    95

Vehicle specs

  • Body style

    Fastback

  • Engine Type

    8-cyl

  • Horsepower

    306

  • Induction

    1x4 bbl

  • Generation

    1965-1970 Shelby GT350

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Black steel wheels, Hurst shifter, woodgrain steering wheel, headrests, comes with five Cragar Shelby wheels, some unused NOS body parts and a 4-inch file of receipts and documentation.

Condition

A 1966 'carryover' Mustang built on a '65 platform with '66 visual features. Used by Harr and Natick Ford as a demonstrator, then sold to Fran Grayson who drove it regularly for years until he stored it in 1976. And that's the way it is today. Peeling dull paint, rotten lower right side, peeling chrome. Floor pans are said to be good except for the right rear passenger's footwell.

Market commentary

Hidden away for years until two months before the auction and not running, leaving it up to the new owner to decide just what to do with this barn find. The price suggests it will be most prized as a Preservation display piece, but even at this price a straightforward restoration remains theoretically possible without tempting financial disaster. The new owner acquired no small measure of bragging rights with the car and should feel comfortable with the price paid.

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