Equipment
427 engine, Shelby registry notes this car was originally a 428, starburst centerlock alloy wheels, Goodyear Sports Car Special tires, grille and trunk guards, wind wings, Talbot outside mirror, formerly in the Otis Chandler collection.
Condition
Excellent paint, consistent panel gaps and straight body. The brightwork is all in excellent condition. The underbody is spotless and has no aging. The interior is appealingly and only slightly stretched. The engine compartment is like new. A beautiful fresh-looking restoration of a big-block Cobra in its attractive original colors, although it was originally a 428 and not a genuine 427 and the restoration is now a dozen years old.
Market commentary
Most “427” Cobras began life as 428s, so the distinction is rather meaningless. It has a substantial auction history, selling for $332,750 at RM Monterey in 2003, then $632,500 at RM Arizona 2010 and $1,100,000 at RM Arizona in 2019. A bid of $1,250,000 at Indy in 2020 was declined but this successful bid is only $50,000 more, small compensation for the eighteen months in between. The auction history is characteristic of 427 Cobra values over the past twelve years and this is a reasonable result in 2022.