SAAC Forum

Is there a 1965 "Salvage/Burned/Stolen" thread?  IIRC, the drivers door ended up on a 66 GT350, 6S1570.

Cory

There is a good chance the carb is sold.  Notice it was posted 2 months ago.  It is more likely the seller has not removed the listing.  That is a good price.

Cory

Quote from: capecodmustang.com on February 04, 2024, 01:09:50 PM
The seller just informed me they want to get paid in cash..

Good luck with that...

Kinda complicates things....

The other issue with the auction site now is that they are required to withhold 20% Federal Taxes of the final sale over a certain threshold.  This will beat the threshold.  At the end of the year, all sellers will get a 1099-K form with total sales.  It will be then up to the seller, when filing their federal tax return, to reduce the capital gain with expenses (storage, heat, repairs, etc), commissions and original purchase price.  If the seller is clever, there should be no net profit and zero taxes will be paid.  They should then get a full refund of the 20%.  But that means the Feds get to hold you money for nearly a year.  So a cash deal might alleviate some of these issues.

Cory

Quote from: 557 on February 03, 2024, 09:45:13 PM
Blue inner fender?

Interesting that's what caught your eye.  Yes, blue engine compartment.  But that doesn't concern me much.  It is this massive butchered hole in the shock towers that caught my attention.  Ugh

Cory

Cleaned up.  For the record when the link expires.

Cory

For the record, when the link no longer works.

Cory

Looks like a missing in action car.

https://www.ebay.com/itm/335240264191?hash=item4e0de079ff:g:0q4AAOSwBABlsZDp&amdata=enc%3AAQAIAAABIHgP%2FE%2BipnIIZ2SPpHW1J1UWBxGZ7r1kaEVZMng%2BI38YP6OyojQwFsm3EzKaX8DaOEvQuHrblc4Tq9cVpYrx816ZTY%2BLyX%2FRHLyJwdYZ20ORYLhMYYS8oUq%2BEow9A4BezqK4VYxM0ULQBkN5S23G1ngEaZXfp9mi5mLJYGhALlYMSYHw72IdQk7Q3DIaW9y2E2CSXtCqCVAOfP%2FDnHn%2F4j0mh8%2Fv%2FQ3iSyIydXv8F9lriYWgoOwzT3gUOkbfS%2FfO4iHuETggadEndaR7GmpvU8zKxQfwOL7YjxqSO9F%2Bx07kr7ZbusA1MIugMpmd023ezmzRLM26hhjM29yf%2F1o%2B1Kvrpq28R2IASo76DRDvSmK7uVYVlJVa9dVmElneFlFdKw%3D%3D%7Ctkp%3ABk9SR5ielOCtYw

Cory

Description:

Sat in a garage in Chicago area since 1976 and hasn't been driven since 1974.

The original Ford VIN number was verified as 7R02Q213641 (stamped in the driver side fender apron) and as such was built at the San Jose plant. Shelby VIN numbers are stamped on the passenger side inner
fender. The Shelby number which the car's paperwork is registered with (this is normal) is 67400F5A03116. I drilled out one rivet on the fender plate to verify the Shelby ID (per instruction from Marcus Angel).  The odometer mileage on the dash reads as 30,427 and is believed to be original since the car was originally titled in the
owner's name in 1976 and window sticker in the dash shows registration sticker of 1974. Its my understanding from the current family that the car was stored and not driven since this approximate time frame. This Shelby was originally sold thru Jack Loftus Ford in Hinsdale IL and was a later production Shelby having been released from Ford production in late June of 1967.

The engine itself is partially disassembled. The intake has been removed and the original parts were found in the trunk along with replacement lifters, push-rods, rocker arms and gaskets that appear to be intended for re-assembly. Radiator looks like it has been re-cored. Engine rolls over freely when turning the crankshaft with a 1/2" ratchet and socket on the front crank bolt. Alternator and power steering pump are laying on the front frame rails and still connected to the hoses and wiring. Many of the original parts are still with the car. The original rocker arms and push-rods were wrapped in newspaper dated 1977. There is an aftermarket coil and bracket and the under-hood wiring to the original coil has been modified to accommodate it. Some of the original under hood components are missing such as the washer bag and pump, original ignition coil and bracket, original battery and hold-down, back half of the exhaust, original shifter, shift boot and bezel, antenna(?) and original rear shocks. These are what I know are missing, If you don't see it in the pictures it is not included in the sale.

The car still carries its original Dark Moss green paint although it does have graffiti scratched into the top of the drivers side fender and door. The engine compartment has been spray painted blue and holes are cut in the shock towers (not sure why...see pics). The fiberglass hood is with the car but cracked and the hood hinges are missing. The hood has been fitted with locks on the firewall side (probably due to or because the hood hinges were removed). The right rear 1/4 panel has been repaired with a replacement panel...it appears to be a very professional repair...no bondo mess...spot welded...see pics for details. The paint is not original from the ledge on the right rear 1/4 panel and down beginning at the right rear door striker and back to the spoiler and rear bezel. Other areas have been touched up on the rear...see pics. It appears at one time the right rear shock came loose at the top and poked through the trunk...also has air shocks installed and a hole drilled for the air fitting in the trunk. The jack lift points on the sub-frame rails have been dented.

The Interior is largely intact with most of the original parts including the roll bar (minus the shoulder belts). Someone cut holes in the back trunk panel for speaker mounts. A mouse got into the headliner and chewed above the driver's visor and a hole on the passenger side above the seat. The seats are soft and supple and do not appear to have damage other than surface mold and some kind of glue on the plastic that peels off when I scratch it with my fingernail.

The underside appears to have been treated with some kind of undercoating and is preserved better in those areas. Has the original wheels and includes the spare tire and a jack that was in the trunk but no hold-down hardware or tire iron/wrench.

The locks and hinges on the doors and trunk work and I have the keys.

I can feel Hans Pedersen (RIP) smiling down from heaven, seeing is old car on the cover that he purchased in 1970.  I bet he never imagined his car would make the cover of the Shelby American.  Awesome Brain.

Cory

I'd also say the missing period between "G" and "T" is a red flag.  Here are four examples from back in the day, color folder, rate schedule, bag and postcard.  They all have the period between "G" and "T".  They are all the same sequence of characters and punctuation, periods and dashes.  This doesn't prove it's a recent  creation, but doesn't help making it 58+ years old.

Cory

Quote from: Royce Peterson on February 01, 2024, 10:11:09 AM

Quote from: 6s1640 on January 30, 2024, 11:36:30 PM
Last, here is an example of down slope with a 1968 GT-E Cougar.  Both cars appears to be well restored and the same color cardinal red.  The one that sold in 2024 was an XR7 with leather interior and the other in 2011 was standard.  They both sold exactly the same,  $181,500 with fees.  Who got the better buy?  Thirteen years difference.  The 2024 sale in 2011 dollars is $135,708.  The 2024 GT-E Cougar was a better buy and with more options.  (Yes, only one example, but does illustrate the trend.)
Cory

I agree with your conclusion that the recent one was a better deal but for different reasons. The first example (and I know both cars well) was a home run for the seller. The market had peaked, he was able to save the original numbers matching side oiler through a minor miracle and some very good contractors. The buyer had Bob Perkins at his side and was well heeled, and he had competition from an equally well heeled individual. The car was the first restoration by a pretty good amateur.

The latest one was far better both in the car that they started with, the options, and the restorer. The finished product was far better. We know more today than we did in 2012. There were fewer bidders in the room, no one hired Bob, and the results are what they are. It's hard to say if there was a trend involved when so few cars change hands.

Hi Royce,

I made a correction to my GT-E Cougar reply No. 8.  Brian Littlefield had a correction for me that makes the 2024 sale even a better deal.  I agree, one example does not make a trend, but does support the observation.

Take care

Cory

Quote from: Coralsnake on February 01, 2024, 04:38:07 PM
So just to be clear these other signs were sold by him as well?

I guess if he is associated with the sign where the company name is misspelled, I would also call shenanigans

I can't tell if it is the same guy, but I found my earlier thread on the same subject "SAI Lighted Signs."

https://www.saacforum.com/index.php?topic=14310.0

Cory

I expect the sign is a recent creation.  The graphics can be easily placed on the milky white covers and the framing made.  Look at the attached images with another Shelby American Signs.  I have seen the first one half a dozen or so times.  At the time, the seller advertised as "used" and with some wear, trying to imply it might be period from back in the day.  The second sign with clock, maybe 3 times.  The seller has too many of these signs to be from the 60's.   He was careful on his wording.  I think this HERTZ sign is much newer than the seller is saying.  This other examples are not proof, but suggest it could be recently made.

Cory

Yep, Phil is a good guy.  I have had him restore several Mustang rally pac 8K tachs and clocks, 68 Cougar clock, maybe 3 or 4 COBRA tachs.  even a COUGAR tach.  He is our guy.

Cory

Does the "down slope" make it easier for new or younger enthusiast to get in?

It seams at the last two major auctions, the custom modified cars were selling very well.  The selling prices felt more than the bone stock cars. Did I miss read that?

Last, here is an example of down slope with a 1968 GT-E Cougar.  Both cars appears to be well restored and the same color cardinal red.  The one that sold in 2024 was an XR7 with leather interior and the other in 2011 was standard. They both sold exactly the same,  $181,500 with fees.  Correction, the 2024 sale GTE with fees was actually $165K.  The 2011 GTE sale was the $181,500. Who got the better buy?  Thirteen years difference.  The 2024 sale in 2011 dollars is $135,708  $123,370.  The 2024 GT-E Cougar was a better buy and with more options.  (Yes, only one example, but does illustrate the trend.)

Cory

P.S Thanks Brian Silvertonford for the correction.

Quote from: Rcbach302 on January 30, 2024, 11:34:41 AM
Could be a scam at the listed price as a '67 but worth a look ......

https://siouxfalls.craigslist.org/cto/d/sioux-falls-1967-mustang-shelby-fastback/7711634134.html

The link no longer works.  Sometimes it is also good idea to capture a screen print and post with the link.  Now there is not recorded on this thread.

Take care

Cory