6S165 - RM - Monterey 2021

[silverton_ford]

Link: https://rmsothebys.com/en/auctions/MO21/Monterey/lots/r0127-1966-Shelby-GT350-Carry-Over/1129334?utm_source=facebook&utm_medium=social&utm_campaign=MO21&fbclid=IwAR3JXTbWeSnSJ-YETBxGwKR2S8RtB2yKuaLDTJ2qHpT8H82S6oN-r6oGzS0#



MONTEREY | LOT 228
1966 Shelby GT350 'Carry Over'
$325,000 - $375,000 USD
United States | Monterey, California
13 August 2021
Chassis No.
Documents
SFM 6S165
US Title
VIEW HISTORY FILE
Offered from the Lindisfarne Collection; acquired in February 2001
One of just 252 "carry over" Shelby GT350 Mustangs produced
Finished in its correct Wimbledon White over black interior
Powered by its original, numbers-matching 289 cu. in. HiPo V-8 engine
Original aluminum Borg Warner T-10 four-speed transmission, rear end, and third member
Delivered new to Sexton Ford of Moline, Illinois and used as a Shelby demonstrator until March 1967; fitted with unique features
Documented by the SAAC registry
Capitalizing on his considerable success racing, Carroll Shelby began manufacturing Shelby GTs based on the Ford Mustang, which were officially sanctioned and sold through select Ford dealerships. The first Shelby Mustang, the GT350, debuted in 1965 powered by a modified version of Ford's 289 high-performance small-block V-8 engine.

To ensure that Shelby American would not run out of Mustang fastbacks to convert, Ford's San Jose plant delivered 252 1965 K-code Mustangs to Shelby before shutting down to retool for the 1966 model year. Known as a "carry over" GT350, this small run of chassis are a much sought-after blend of the 1965's handling and the 1966 model's looks, with many unique and distinctive features throughout.

The Shelby GT350 offered here is the 165th produced, and was initially invoiced to Sexton Ford of Moline, Illinois on 30 November 1965. It was originally clad in Wimbledon White, without a racing stripe, and over a black interior. As documented by the SAAC's 1966 Shelby Registry, the car then moved from Sexton to Marshall Motor Company of Mayfield Heights, Ohio—who outfitted it with alloy wheels, side mirrors, radio antenna, and rotunda clock. Afterwards, Ken Miller of Shelby American sequestered this still-new "carry over" as a company demonstrator. Miller returned it in March 1967, then indicating just under 2,180 miles. The dealer invoice was thusly paid by Marshall in March 1967 for $2,700—a reduced price which reflected the car's used state. It was then sold thereafter to its first private owner, Robert Russell Smith of Aurora, Ohio.

This attractive GT350 remained in Ohio, seeing regular use among a sequence of enthusiast collectors from March 1967 until its acquisition by the Lindisfarne Collection in February 2001.The SAAC registry notes that the car indicated just shy of 41,065 miles at that time. Over the ensuing two decades of residence, this rarified Shelby has enjoyed careful exercise, and now displays 43,340 actual miles at time of cataloguing—a testament which is verified by the title documentation submitted by the consignor.

The GT350 retains much of its original equipment, including its aluminum Borg Warner T-10 four-speed manual transmission, rear axle, third member, and numbers-matching 289 HiPo V-8 engine. Other notable extant features of this "carry over" include its fold down back seat, rotunda clock, Bullitt-style side mirrors, and all fiberglass hood. Though the car presently wears a set of 15-inch Cragar alloy wheels, a complete set of the correct 14-inch ten-spoke wheels wrapped in Goodyear "small letter" polyglas tires are included.

This well documented and authentic GT350 presents an opportunity for an astute collector to acquire one of the best and rarely available "carry over" examples of the Shelby Mustang breed.

[tomhawk]

My second Shelby. Purchased it around 85-86. did a quick resto job. But the paint still looks good. I had to dig for the right side SFM # had been buried under a welded patch. Still a little bent up. Not mentioned is the factory e brake warning light. It flashes when the e brake is set. Had 39,000 miles when I owned back in the 80s. The car had Mustang style steel wheels when I purchased it. The seller gave me a credit for those wheels. I was young when the car was mine and thought alloy wheels meant 10 spokes so an original set was found and then purchased the Goodyears from a local dealer, they are not repops. Didnt realize alloy wheels were supposed to be the Crag. Also I remember the floor pan had extra holes for maybe a taller driver they looked factory, I plugged them up. If the new owner needs any more info may be able to help.

[6s1802]

$325-$375 and no Blue Dots?

[CSX 4133]

$325-$375 and no Blue Dots?

But it does come with side exhaust and backup lights.   

[tomhawk]

Not sure but I think the backups were added by the dealer along with the other options, since it was a demonstrator. Doesnt side exhaust sound better? I didnt like the full system. Should it have an aluminum water pump? Prices have gone up a bit since my ownership. Under 10 k in the 80s.  If only had a crystal ball.

[gt350hr]

   Iron water pump.

[Florida Realtor]

Characteristics of the 252 carryover Shelby GT350s : Fifteen inch wheels; either painted 15×6 steel wheels or the optional Cragar/Shelby 5-spoke wheels – not 14" Magnum 500 wheels or optional 10-spoke wheels as on the later 1966 cars. The lowest known car with 14" wheels is 6S275. Not sure why it comes with "a complete set of the correct 14-inch ten-spoke wheels wrapped in Goodyear "small letter" polyglas tires are included."

[davez]

Characteristics of the 252 carryover Shelby GT350s : Fifteen inch wheels; either painted 15×6 steel wheels or the optional Cragar/Shelby 5-spoke wheels – not 14" Magnum 500 wheels or optional 10-spoke wheels as on the later 1966 cars. The lowest known car with 14" wheels is 6S275. Not sure why it comes with "a complete set of the correct 14-inch ten-spoke wheels wrapped in Goodyear "small letter" polyglas tires are included."

Read reply #1
Previous owner added them

[davez]

Sold for 260 plus fees
286,000 all in

[CSX 4133]

I'm a little surprised it didn't bring more, it will be interesting to see what some of the other offerings gavel for. Is this a sign of the times?

[chris NOS]

I'm a little surprised it didn't bring more, it will be interesting to see what some of the other offerings gavel for. Is this a sign of the times?

that's a lot of money for a 66 carryover, not a long time ago it was 65 range price ! 325 000$ 375 000$!!!!

[SFM6S087]

I watch the carryovers pretty closely and in my opinion a nice driver quality carryover can be worth what this car brought - more or less depending on the individual car. Always keeping in mind that beauty and value are in the eye of the beholder.

The carryovers bringing $325K to #375K are usually concours examples. And as far as I can tell that pricing trend continues. If you know of a concours carryover that sold under that range in the last 2 years please let me know. I may have missed one.

BTW, I'm not trying to push values higher or lower. Just sharing my opinion and what I've learned over several years of tracking these particular cars.

Steve

[Hockeylife]

Sold for 260 plus fees
286,000 all in

Since you're quoting what the buyer paid, $286k, why not include what the owner/seller actually sold the car for - $234k?

[Vernon Estes]

Sold for 260 plus fees
286,000 all in

Since you're quoting what the buyer paid, $286k, why not include what the owner/seller actually sold the car for - $234k?

While theoretically true...not always the case. Auction houses generally give a better commission rate to sellers and often cut into that commission rate in order to consummate the sale when the deals get tight. The buyer, on the other hand, is always stuck with the full boat commish..

FWIW, I'm surprised at the implication that the sale of this car was in some way low....nothing against the car but it is a driver quality car which would need to be completely restored to be anything bordering a concours car which would warrant a price at the level of the auction house's estimate. Like many of the cars which showed up in Monterey in the last few days...the auction houses were expecting the rooms to be "on fire" with bidders anxious to buy cars. They put aggressive estimates on the vast majority of the cars and many of those cars sold for fair or strong money (as this one did, IMO at least) relative to the quality of the cars on offer. The aggressive estimate, however, makes the car appear as though the car went "cheap". This same thing happened on MANY of the highest priced cars on offer in the last week as well. Insane estimates meet with reasonable high bids which left the cars selling at entirely market correct prices that appear "cheap" when compared to expectation.

Just my .02.

Vern

[Chad]

I took a look at this car at the auction.  In my opinion it was a strong price for the car.  A good driver.