Wow...interesting to see what the "THE PETROZZINI ESTATE COLLECTION" is fetching.
This 1968 GT500 was estimated between $20K-$25K and sold for $55K all in.
https://www.mecum.com/lots/CH1019-389034/1968-shelby-gt500-fastback/
This 1968 GT500KR was estimated between $60K and $70K...sold for $137,500 all in.
https://www.mecum.com/lots/CH1019-389043/1968-shelby-gt500kr-fastback/
Quote from: Shelby_r_b on October 24, 2019, 04:27:16 PM
This 1968 GT500KR was estimated between $60K and $70K...sold for $137,500 all in.
https://www.mecum.com/lots/CH1019-389043/1968-shelby-gt500kr-fastback/
That is a pretty nice car really.
Anyone recognize the chin spoiler and know it's origins?
That's a pretty hot G.T. 500.
Quote from: 2112 on October 24, 2019, 05:09:02 PM
Quote from: Shelby_r_b on October 24, 2019, 04:27:16 PM
This 1968 GT500KR was estimated between $60K and $70K...sold for $137,500 all in.
https://www.mecum.com/lots/CH1019-389043/1968-shelby-gt500kr-fastback/
That is a pretty nice car really.
Anyone recognize the chin spoiler and know it's origins?
Looks to be part of the lower valance as one piece.
Its not original
I looked at the car today, shiny on the outside, but the body integrity was not strong in my opinion.
Black 4spd AC very rare
A fake? Or what % orig?
Car was original, but had been poorly repaired in the past.
That was my assessment.
I hope it gets done up like it deserves. Each car has its own personality, so to speak. Almost as if alive and begging to be brought out from the chrysalis.
I am not tearing into the car online.
It was not one anyone I was with had interest in purchasing.
All is not appears on the TV
Just being polite.The Black KR brought more than I thought it should ? IMHO. It appeared to be a Day 2 car . Odometer read 2200 miles , aftermarket exhaust, incorrect distributor, carb, rims , solenoid, MSD ignition etc. as I recall. Blue KR convertible was a nice car and very rare. I haven't been around the Shelbys , as much as others on the forum. They both brought more than I had expected. Good for the seller.
As somebody who was also at the sale to inspect the cars in detail I will second Pete's statement that "all is not as it appears on the TV."
Agreed. I was much surprised by the selling price of both.
I realize that the blue KR is rare, but I have to believe that the new owner is already under water, IMO.
Maybe somebody really wanted a black 4-speed A/C KR, warts and all. ::)
Labor of love. Wasn't bought for a flip or a profit. The gentleman who bought might have lusted for one over his lifetime and this was the grand opportunity to get what he wanted and could afford to keep over the long haul. I understand him completely if this is the case. For me, wouldn't matter if I was under water with big red. Till death do us part.
Wait, I thought prices were falling?? ::) ::)
Quote from: Shelby_r_b on October 24, 2019, 11:10:27 PM
I realize that the blue KR is rare, but I have to believe that the new owner is already under water, IMO.
Not really. Its an exclusive market if you want 4spd/ac vert. 57 total, IIRC 6 Acapulco blue. I believe I know where all 6 are (I've been involved in 4. Its a simple case of math. This was the last one that was not restored to a high level. Because of that I think he is about break even on the price
Quote from: TLea on October 25, 2019, 07:11:07 AM
Quote from: Shelby_r_b on October 24, 2019, 11:10:27 PM
I realize that the blue KR is rare, but I have to believe that the new owner is already under water, IMO.
Not really. Its an exclusive market if you want 4spd/ac vert. 57 total, IIRC 6 Acapulco blue. I believe I know where all 6 are (I've been involved in 4. Its a simple case of math. This was the last one that was not restored to a high level. Because of that I think he is about break even on the price
Wow. Interesting. I appreciate the backdrop, and I had no idea. 👍🏻
It all depends on a buyer looking for a car equipped with a certain color and 4-speed A/C 428 cj KR Shelby in a convertible knowing that this very desirable combo may never come for sale again. Years ago I inspected a blue 68 Shelby KR 4-speed convertible that the FORD family bought and that's what they were looking for and it had to be FORD BLUE !!
Maybe he had his first "romantic" experience in one like it ;D
Or,maybe figured NOW is the time.....
Can't say how many bad gambles I have made......
Survived so far...win a few....lose a few
A well advertised auction will bring in serious buyers.