Equipment
351/300hp, 4-speed, Hurst T-Handle shifter, AM radio, power brakes, Magnum 500 wheels.
Condition
This Mustang has received a rotisserie restoration. Paint looks good. There are a few blemishes and scratches throughout. You can also see where trim was masked off and paint was missed. Brightwork looks very good. Trim around the windows has some light scratches. Panel fit is excellent. Engine compartment is very clean but the radiator wasn't repainted. Underneath looks excellent and showing no wear. Interior looks very good. Some wear to the console and the headliner looks to still be original. A very solid and presentable car, although it wasn't restored to exacting standards.
Market commentary
This Mach 1's auction history is a tale of trolling in search of redemption. It was sold at Russo and Steele in Scottsdale in 2015 for $36,300, went to Mecum Chicago last October where it was bid to $37,500, apparently not enough to part it from its owner. The $30,000 bid it got at Kissimmee in January didn't do it, either, as was the case with the $35,000 bid in Houston last month, so it came here without reserve early on Saturday and, wonder of wonders, made a hammer bid nearly $8,000 more than it cost sixteen months ago. Having said that, after all the hauling around and entry fees, and netting out the seller's commission, it was probably below breakeven, but at least the argosy is over and the new owner came away with a good car at a reasonable price.