Author Topic: 68 KR 500 Convertible  (Read 1956 times)

Steve Z

  • Jr. Member
  • **
  • Posts: 91
    • View Profile
68 KR 500 Convertible
« on: October 01, 2019, 07:52:00 PM »
https://www.mecum.com/lots/CH1019-389040/1968-shelby-gt500kr-convertible/
     
  Does anyone know this car coming up for auction? Any past history?  KR 500 #3813
« Last Edit: October 01, 2019, 07:55:44 PM by Steve Z »

QuickSilverShelby

  • SAAC Member
  • Sr. Member
  • *
  • Posts: 354
    • View Profile
Re: 68 KR 500 Convertible
« Reply #1 on: October 01, 2019, 09:08:41 PM »
There must be multiple things wrong with this car for Mecum to have such a low estimate on its selling price.

The tail lights are wrong and what's up with the AC vent on the drivers side but not on the passenger side?

I'll check my registry later and get more info.

QSS

You miss 100% of the shots you don't take.

Steve Z

  • Jr. Member
  • **
  • Posts: 91
    • View Profile
Re: 68 KR 500 Convertible
« Reply #2 on: October 02, 2019, 08:17:36 AM »
    Checked the register , not much to go on. Car was shipped to Chicago dealer on 1/9/68. No owner history?

Mongo

  • SAAC Registrar
  • Jr. Member
  • *
  • Posts: 57
    • View Profile
Re: 68 KR 500 Convertible
« Reply #3 on: October 02, 2019, 08:29:52 AM »
#03813 was part of the Petrozzini collection.

FL SAAC

  • SAAC Member
  • Hero Member
  • *
  • Posts: 8762
  • original posts more than McDonalds over 1 billlion
    • View Profile
Re: 68 KR 500 Convertible
« Reply #4 on: October 02, 2019, 08:56:56 AM »
great strategy, that low price will make many people take interest in this vehicle

think it will start a bidding frenzy once it goes on the block

There must be multiple things wrong with this car for Mecum to have such a low estimate on its selling price.

The tail lights are wrong and what's up with the AC vent on the drivers side but not on the passenger side?

I'll check my registry later and get more info.

QSS
These cars are meant to be driven so enjoy the hell out of all of it. Not just the look of it when its all cleanCS

A person without a sense of humor is like a wagon without springs.It's jolted by every pebble on the road

Florida S.A.A.C Love All-Serve All, Take Time To Be Kind

I have a UNGOLD car

Coralsnake

  • SAAC Member
  • Hero Member
  • *
  • Posts: 3577
  • Original Posts: 10,264
    • View Profile
    • theCoralsnake.com
Re: 68 KR 500 Convertible
« Reply #5 on: October 02, 2019, 09:20:14 AM »
If the estimate is too high, the auction will be accused of not meeting expectations.

Thats not good for business
Shelby researcher, theCoralsnake.com webmaster, Conelec CEO

Bill Collins

  • Jr. Member
  • **
  • Posts: 77
    • View Profile
68 KR 500 Convertible
« Reply #6 on: October 02, 2019, 09:50:52 AM »
I'm just wondering why anyone thinks that a car that was already a tired driver with various shortcomings when put away in less than ideal storage years ago, has no known history, and has only recently been started but is likely not roadworthy, is worth any more than the estimate? I hope they don't try to drive it across the block - brakes may fail!

Big money does not buy cars like this, and the enthusiasts won't pay a lot because then they will have "too much in it". It's dealer bait that will be cosmetically freshened up and then appear on the internet at a big asking price. I'll be surprised if it reaches $100K.

Coralsnake

  • SAAC Member
  • Hero Member
  • *
  • Posts: 3577
  • Original Posts: 10,264
    • View Profile
    • theCoralsnake.com
Re: 68 KR 500 Convertible
« Reply #7 on: October 02, 2019, 10:05:35 AM »
Oh reality rears itself ugly head
Shelby researcher, theCoralsnake.com webmaster, Conelec CEO

427heaven

  • Hero Member
  • *****
  • Posts: 1135
    • View Profile
Re: 68 KR 500 Convertible
« Reply #8 on: October 02, 2019, 10:15:58 AM »
I see it differently, its a barn find, garage find, that needs a little work. Being a very rare car and in garage found condition. Someone with basic automotive skills could fix and enjoy as the months and years roll by. If it was swimming in turd soup that wouldn't slow down my thoughts about the car, I would make it my own and for a price point that you likely will not find another one. ;)

557

  • Hero Member
  • *****
  • Posts: 1410
  • 1967 gt500 since 82 NFS!
    • View Profile
Re: 68 KR 500 Convertible
« Reply #9 on: October 02, 2019, 10:27:12 AM »
It won’t sell for that once the “juices”(I.e. booze) start flowing IMHO :D

Peachpit67

  • Newbie
  • *
  • Posts: 2
    • View Profile
Re: 68 KR 500 Convertible
« Reply #10 on: October 24, 2019, 03:06:18 PM »
Just hammered for 190k not including fees

BGlover67

  • SAAC Member
  • Hero Member
  • *
  • Posts: 1681
  • Formerly "My Shelby Dream"
    • View Profile
Re: 68 KR 500 Convertible
« Reply #11 on: October 24, 2019, 03:12:54 PM »
Should have started a poll on what it would sell for.  Great strategy about listing a low estimate.
Thanks,
Brian Glover
SAAC Carolina's Northern Representative
1965 Ford Mustang GT Convertible
1963 Jaguar E-Type Roadster

Peachpit67

  • Newbie
  • *
  • Posts: 2
    • View Profile
Re: 68 KR 500 Convertible
« Reply #12 on: October 24, 2019, 03:17:40 PM »
There was a black KR fastback 4sp a/c hammered right after it for 125k not including fees.  Lots of interest here in Chicago. 

Shelby_r_b

  • SAAC Member
  • Hero Member
  • *
  • Posts: 1887
    • View Profile
Re: 68 KR 500 Convertible
« Reply #13 on: October 24, 2019, 04:18:56 PM »
Nothing beats a classic!

ITHERTZ

  • Full Member
  • ***
  • Posts: 100
    • View Profile
    • Custom Show Boards
Re: 68 KR 500 Convertible
« Reply #14 on: October 24, 2019, 04:20:20 PM »
A GT500KR factory sprayed in Blue with a 4 speed and AC is going to fetch a good price in ANY condition.  That is a rare car - not many more to choose from if you are a buyer with that list of must have features.