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Deals and Appeals => Up For Auction => Topic started by: silverton_ford on May 12, 2023, 02:30:53 PM

Title: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: silverton_ford on May 12, 2023, 02:30:53 PM
Here is a list of the Shelby products made in 1962-1970 that go up for auction at Mecum Indianapolis, May 12-20, 2023

Link to auction main page: https://www.mecum.com/auctions/indianapolis-2023/lots/?wp_posts_lot_feature_sort_asc%5BrefinementList%5D%5Btaxonomies.auction_tax.name%5D%5B0%5D=Indy%202023%7C1683849600%7C1684540800&wp_posts_lot_feature_sort_asc%5Bconfigure%5D%5Bfilters%5D= (https://www.mecum.com/auctions/indianapolis-2023/lots/?wp_posts_lot_feature_sort_asc%5BrefinementList%5D%5Btaxonomies.auction_tax.name%5D%5B0%5D=Indy%202023%7C1683849600%7C1684540800&wp_posts_lot_feature_sort_asc%5Bconfigure%5D%5Bfilters%5D=)

Lot #         Car                      VIN                         Link                                                                                                                                  Results (w/buyer fees) 

Saturday May 13, 2023
K137.1 - 1968 GT500 - conv   02771 -           https://www.mecum.com/lots/1087662/1968-shelby-gt500-convertible/ (https://www.mecum.com/lots/1087662/1968-shelby-gt500-convertible/)                   
K285    - 1968 GT350 - conv   02261 -           https://www.mecum.com/lots/1086773/1968-shelby-gt350-convertible/ (https://www.mecum.com/lots/1086773/1968-shelby-gt350-convertible/)

Thursday - May 18, 2023
T157    - 1969 GT500             9F02R480447    https://www.mecum.com/lots/561795/1969-ford-shelby-gt500/ (https://www.mecum.com/lots/561795/1969-ford-shelby-gt500/)                                                   $143,000 - SOLD
T246    - 1969 GT350             9F02M480344    https://www.mecum.com/lots/553749/1969-shelby-gt350-fastback/ (https://www.mecum.com/lots/553749/1969-shelby-gt350-fastback/)                                            $82,000 - Bid Goes On

Friday - May 19, 2023
F100    - 1966 GT350H           6S596             https://www.mecum.com/lots/553967/1966-shelby-gt350h-race-car/ (https://www.mecum.com/lots/553967/1966-shelby-gt350h-race-car/)                                              $95,000 - Bid Goes On
F136    - 1967 GT500             02782             https://www.mecum.com/lots/554016/1967-shelby-gt500-fastback/ (https://www.mecum.com/lots/554016/1967-shelby-gt500-fastback/)                                              $291,500 - SOLD
F157    - 1966 Group II Sedan #16/16          https://www.mecum.com/lots/554045/1966-ford-mustang-scca-a-sedan-group-2-race-car/ (https://www.mecum.com/lots/554045/1966-ford-mustang-scca-a-sedan-group-2-race-car/)             $165,000 - SOLD
F165.1 - 1966 GT350             6S1405           https://www.mecum.com/lots/554056/1966-shelby-gt350-fastback/ (https://www.mecum.com/lots/554056/1966-shelby-gt350-fastback/)                                              $308,000 - SOLD
F186    - 1966 GT350H           6S1387           https://www.mecum.com/lots/554028/1966-shelby-gt350h-fastback/ (https://www.mecum.com/lots/554028/1966-shelby-gt350h-fastback/)                                            $140,000 - Bid Goes On
F223    - 1966 GT350H           6S1563           https://www.mecum.com/lots/561641/1966-shelby-gt350h-fastback/ (https://www.mecum.com/lots/561641/1966-shelby-gt350h-fastback/)                                            $170,000 - Bid Goes On
F224.1 - 1965 GT350             5S443              https://www.mecum.com/lots/561643/1965-shelby-gt350-fastback/ (https://www.mecum.com/lots/561643/1965-shelby-gt350-fastback/)                                              $340,000 - Bid Goes On
F225    - 1966 GT350             6S1123            https://www.mecum.com/lots/561644/1966-shelby-gt350-fastback/ (https://www.mecum.com/lots/561644/1966-shelby-gt350-fastback/)                                              $176,000 - SOLD
F226    - 1969 GT350            9F02M482192   https://www.mecum.com/lots/561645/1969-shelby-gt350-fastback/ (https://www.mecum.com/lots/561645/1969-shelby-gt350-fastback/)                                                $88,000 - SOLD


Saturday - May 20, 2023
S109    - 1968 GT350 conv     03094            https://www.mecum.com/lots/554404/1968-shelby-gt350-convertible/ (https://www.mecum.com/lots/554404/1968-shelby-gt350-convertible/)                                         $85,800 - SOLD
S110    - 289 Cobra               CSX2517         https://www.mecum.com/lots/562016/1965-shelby-289-cobra-roadster/ (https://www.mecum.com/lots/562016/1965-shelby-289-cobra-roadster/)                                      $700,000 - Bid Goes ON
S110.1 - 1965 GT350             5S459            https://www.mecum.com/lots/554465/1965-shelby-gt350-fastback/ (https://www.mecum.com/lots/554465/1965-shelby-gt350-fastback/)                                            $325,000 - Bid Goes On
S115    - 1967 GT350             02311            https://www.mecum.com/lots/554484/1967-shelby-gt350-fastback/ (https://www.mecum.com/lots/554484/1967-shelby-gt350-fastback/)                                            $632,500 - SOLD
S126    - 1969 GT350            9F02M480094  https://www.mecum.com/lots/561973/1969-shelby-gt350-fastback/ (https://www.mecum.com/lots/561973/1969-shelby-gt350-fastback/)                                             $93,500 - SOLD
S130    - 1965 GT350             5S342            https://www.mecum.com/lots/554433/1965-shelby-gt350-fastback/ (https://www.mecum.com/lots/554433/1965-shelby-gt350-fastback/)                                           $319,000 - SOLD
S131    - 1968 GT500 - conv    01043             https://www.mecum.com/lots/554438/1968-shelby-gt500-convertible/ (https://www.mecum.com/lots/554438/1968-shelby-gt500-convertible/)                                      $121,000 - SOLD
S132    - 1969 GT500 - conv    9F03R481519   https://www.mecum.com/lots/554441/1969-shelby-gt500-convertible/ (https://www.mecum.com/lots/554441/1969-shelby-gt500-convertible/)                                     $132,000 - SOLD
S133    - 1969 GT500              9F02R482221   https://www.mecum.com/lots/554439/1969-shelby-gt500-fastback/ (https://www.mecum.com/lots/554439/1969-shelby-gt500-fastback/)                                           $99,000 - SOLD
S134    - 1969 GT500              9F02R480517   https://www.mecum.com/lots/554440/1969-shelby-gt500-fastback/ (https://www.mecum.com/lots/554440/1969-shelby-gt500-fastback/)                                           $104,500 - SOLD
S135    - 1969 GT350 - conv    9F03M481212   https://www.mecum.com/lots/554442/1969-shelby-gt350-convertible/ (https://www.mecum.com/lots/554442/1969-shelby-gt350-convertible/)                                     $106,700 - SOLD
S141    - 1967 GT500              00373              https://www.mecum.com/lots/554557/1967-shelby-gt500-fastback/ (https://www.mecum.com/lots/554557/1967-shelby-gt500-fastback/)                                         $165,000 - SOLD
S169    - 1968 GT350 - conv    8T03J192409   https://www.mecum.com/lots/554506/1968-shelby-gt350-convertible/ (https://www.mecum.com/lots/554506/1968-shelby-gt350-convertible/)                                      $184,250 - SOLD
S175    - 1968 GT500KR -conv 8T03R206060  https://www.mecum.com/lots/554512/1968-shelby-gt500kr-convertible/ (https://www.mecum.com/lots/554512/1968-shelby-gt500kr-convertible/)                                   $148,500 - SOLD
S213    - 1967 GT500              00498              https://www.mecum.com/lots/1086346/1967-shelby-gt500-fastback/ (https://www.mecum.com/lots/1086346/1967-shelby-gt500-fastback/)                                        $200,000 - Bid Goes On
S222    - 1968 GT500 - conv    8T03S178858   https://www.mecum.com/lots/1086347/1968-shelby-gt500-convertible/ (https://www.mecum.com/lots/1086347/1968-shelby-gt500-convertible/)                                   $170,000 - Bid Goes On
S250.1 - 1969 GT500 - conv    9F03R480281   https://www.mecum.com/lots/554383/1969-shelby-gt500-convertible/ (https://www.mecum.com/lots/554383/1969-shelby-gt500-convertible/)                                     $165,000 - SOLD
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: 6S1568 on May 12, 2023, 04:34:18 PM
Thanks again for taking the time to put this together, we appreciate it! Denny
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: SFM6S on May 12, 2023, 07:17:41 PM
Thank you for doing this again!
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: FL SAAC on May 12, 2023, 07:45:37 PM
Great job
Much appreciated
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Chad on May 12, 2023, 08:32:42 PM
Thank you for putting this together!!
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: FL SAAC on May 20, 2023, 05:52:58 PM
Fox bodies killing that r.o.i.
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Shelby_r_b on May 20, 2023, 10:48:49 PM
I’m incredibly surprised at how soft 65 GT350 prices were. Crazy.
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: JD on May 21, 2023, 12:09:09 PM
Thank you for doing this again!

+20
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Coralsnake on May 21, 2023, 01:13:17 PM
Yes you deserve praise! Thanks

I am pretty sure this car was on the lost muscle car Facebook a while back

https://www.mecum.com/lots/554440/1969-shelby-gt500-fastback/
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Wedgeman on May 21, 2023, 01:52:05 PM
Brian....Excellent job as always!!.... ;D
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: greekz on May 21, 2023, 05:11:24 PM
Yes, great job compiling the results.

I’m incredibly surprised at how soft 65 GT350 prices were. Crazy.

I was surprised as well. 
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: 68krrrr on May 21, 2023, 05:47:53 PM
Yea thanks that makes it easy to follow for sure  ,& damn that Paxton 67 GT350 went to the moon at $632 does that include the 10% buyer fee &  was that expected ?
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: rcgt350 on May 22, 2023, 11:43:47 PM
Are prices overall somewhat down some across the board? Any opinions?
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: J_Speegle on May 23, 2023, 01:01:00 AM
Yes, great job compiling the results.

I’m incredibly surprised at how soft 65 GT350 prices were. Crazy.

I was surprised as well.

No saying it about this specific group of cars but it can often not be about the market but the cars offered in the auction and the stories or history related. IMHO can't judge a market from a couple of cars at an auction. Just a thought
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: propayne on May 23, 2023, 08:35:59 AM
The Black Cherry Hertz XR7-G sold for 55k.

Very worn but nice foundation for a refurbishing.

- Phillip

(https://www.saacforum.com/gallery/134-230523083328.jpeg)
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Coralsnake on May 23, 2023, 08:42:34 AM
Those were done by Ao Smith right?

The broadcast said by ASC which I don't believe is correct
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Shelby_r_b on May 23, 2023, 08:55:56 AM
Yes, great job compiling the results.

I’m incredibly surprised at how soft 65 GT350 prices were. Crazy.

I was surprised as well.

No saying it about this specific group of cars but it can often not be about the market but the cars offered in the auction and the stories or history related. IMHO can't judge a market from a couple of cars at an auction. Just a thought

Agreed.  My observation was not meant to be a reflection of the market as a whole, just the cars at this auction.

Also, I personally know one of the cars that didn't sell, and it was a great car - well known car.  That surprised me but seeing that the other two 65s were super low was also interesting.

I will say this:  I've seen basket case 65 GT350s sell privately for almost the same money in the past year.  Crazy indeed!
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: propayne on May 23, 2023, 09:34:57 AM
Those were done by Ao Smith right?

The broadcast said by ASC which I don't believe is correct

Yes, G conversions were executed at Smith.

G's slated for sunroofs were sent to ASC. As a cost saving they attempted to install the sunroofs at Smith but it didn't work out  :P

The description by Mecum for the G was poorly researched. Very frustrating having misinformation continue to be propagated.

- Phillip

(https://www.saacforum.com/gallery/134-230523092638.jpeg)
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Coralsnake on May 23, 2023, 10:26:45 AM
Thanks

I knew AO Smith was involved
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Rickmustang on May 23, 2023, 11:09:14 AM
Too many’65s in one auction, not 2 bidders on each car, uncertain economic times, and car quality are variables that impacted those auctions IMHO
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: SCJSTU on May 23, 2023, 01:30:30 PM
Too many’65s in one auction, not 2 bidders on each car, uncertain economic times, and car quality are variables that impacted those auctions IMHO

I used to think too many of same car would hurt the numbers until Mecum Kissimmee 2023 when they sold 17 Dodge Daytona/Pymouth Superbirds crossed the block in a couple days for good numbers
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: Shelby_r_b on May 23, 2023, 02:01:50 PM
Too many’65s in one auction, not 2 bidders on each car, uncertain economic times, and car quality are variables that impacted those auctions IMHO

I used to think too many of same car would hurt the numbers until Mecum Kissimmee 2023 when they sold 17 Dodge Daytona/Pymouth Superbirds crossed the block in a couple days for good numbers

Agreed.  The pure number of similar cars doesn't always impact the value from what I've seen.

Also, in this same auction (Mecum Indy 2023) we saw a blue 66 GT350 with a repro tag (amongst other things) sell for $308K all in. 

Somethings cannot be explained.   :(
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: J_Speegle on May 23, 2023, 03:29:52 PM

Agreed.  The pure number of similar cars doesn't always impact the value from what I've seen.

Also, in this same auction (Mecum Indy 2023) we saw a blue 66 GT350 with a repro tag (amongst other things) sell for $308K all in. 

Somethings cannot be explained.   :(

Never, over the decades, have I ever attended an auction and not gone away with mixed feelings and results both up and down market.
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: QuickSilverShelby on May 24, 2023, 01:04:58 AM
Agreed.  My observation was not meant to be a reflection of the market as a whole, just the cars at this auction.

Also, I personally know one of the cars that didn't sell, and it was a great car - well known car.  That surprised me but seeing that the other two 65s were super low was also interesting.

I will say this:  I've seen basket case 65 GT350s sell privately for almost the same money in the past year.  Crazy indeed!
Any chance you might be willing to put me in contact with the the owner of the 65 that didn't sell?  I'm looking for a 65.

QSS
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: shelbymann1970 on May 24, 2023, 12:48:54 PM
Agreed.  My observation was not meant to be a reflection of the market as a whole, just the cars at this auction.

Also, I personally know one of the cars that didn't sell, and it was a great car - well known car.  That surprised me but seeing that the other two 65s were super low was also interesting.

I will say this:  I've seen basket case 65 GT350s sell privately for almost the same money in the past year.  Crazy indeed!
Any chance you might be willing to put me in contact with the the owner of the 65 that didn't sell?  I'm looking for a 65.

QSS
Which one? BTS65Shelby had one that didn't meet it's reserve. Nice car. I saw it up close as I know the owner. https://www.mecum.com/lots/561643/1965-shelby-gt350-fastback/
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: QuickSilverShelby on May 24, 2023, 11:29:41 PM
Which one? BTS65Shelby had one that didn't meet it's reserve. Nice car. I saw it up close as I know the owner. https://www.mecum.com/lots/561643/1965-shelby-gt350-fastback/
443 looks like a top notch car and 459 looks great too.  Either cars would suit me well and I'd be ecstatic to own either car.

I'd also be really happy to own a survivor car that had a clean history, some nice documentation, a few bumps and bruises and a current owner who would be willing to pass their pride and joy on to the next caretaker.  That would be me.  I'm the guy who would drive it and share with everyone for the next 30 years. I'd drive it with delight on those glorious summer Sundays to the grocery store and the occasional car show.

Whatever car finds its way to my home is just fine, I'd just like to put a 65 GT 350 next to my 68 GT500. 

QSS
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: shelbymann1970 on May 25, 2023, 07:35:48 AM
Which one? BTS65Shelby had one that didn't meet it's reserve. Nice car. I saw it up close as I know the owner. https://www.mecum.com/lots/561643/1965-shelby-gt350-fastback/
443 looks like a top notch car and 459 looks great too.  Either cars would suit me well and I'd be ecstatic to own either car.

I'd also be really happy to own a survivor car that had a clean history, some nice documentation, a few bumps and bruises and a current owner who would be willing to pass their pride and joy on to the next caretaker.  That would be me.  I'm the guy who would drive it and share with everyone for the next 30 years. I'd drive it with delight on those glorious summer Sundays to the grocery store and the occasional car show.

Whatever car finds its way to my home is just fine, I'd just like to put a 65 GT 350 next to my 68 GT500. 

QSS
There is one way I was shown by BTS65Shelby on car #342 to see if it had the original body(not guaranteed but something that has been looked over on rebodies). I happened to be by the "hustle for the Muscle" collection with him and his mechanic looking over that collection. You should message him about his car and the other that didn't meet it's reserve. Gary
Title: Re: Mecum - Indianapolis 2023 - SHELBY Products 1962-1970
Post by: csx289 on May 26, 2023, 09:48:25 AM
I brought 5S459 to Mecum for my friend from NY. I don't know what happened with 65s (and 66s for that matter) at Mecum but obviously it doesn't represent the market at large. Or, at least it illustrates that three 65s at one auction may homogenize the result starting with what the first car does or does not do on the block? I looked at 443 and it appeared to be a very honest car with a failing older repaint (including the engine compartment) and undecoating. But I loved the originality, Blue Dot spare, etc. It is the kind of car I like to drive. 459 is also a very good car and I believe it has found a new home, just waiting for it to return from Mecum so it can be sold. But just think- 1 tired Hemi Challenger = 3 1965 GT350s! Lol