Last first gen GT350 up for auction

[OldFordGuy]

I haven't looked closely at the pictures so this car might not be a perfect example but if you had a car like this and the original frame was unrestorable what do you do? Is it still the same car on a different frame? Does it make it worth a lot less?

[6s1640]

I haven't looked closely at the pictures so this car might not be a perfect example but if you had a car like this and the original frame was unrestorable what do you do? Is it still the same car on a different frame? Does it make it worth a lot less?

If the car is re-bodied, yes "It is worth a lot less."  A re-body is slight better than a clone and a long ways from an original car.  I expect this car is very restorable.  But I wonder why it has not been touched in the last ten years.  Is there something else going on?

Cory

[shelbymann1970]

The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.

When an auction is a reserve auction I don't think much of the bid price unless a car sells. It would surprise me if BaT let a car like this have a reserve above 166K but if they pushed it as a "survivor" and "last one made" who knows unless the auction ends at 166K sold. 101K to 166K isn't normal unless we are talking about a nice 65 Shelby, Boss 429, etc. Look, I've been asked to bid on reserve cars before....

[FL SAAC]

3 days left....show me the money  $170k

[shelbymann1970]

interesting that a non carryover project with 3 days left is at 170K but a 67 Gt500 in legacy colors , stunning and with a 20K+ extra engine on a stand with HM doing all the engine work is only at 175K with a few hours left ?

[FL SAAC]

interesting that a non carryover project with 3 days left is at 170K but a 67 Gt500 in legacy colors , stunning and with a 20K+ extra engine on a stand with HM doing all the engine work is only at 175K with a few hours left ?

with all due respect, although all the 65-69  cars are desirable, you just can not compare to the holy grail cars  or Icons ( 65-66) to the other years

The early models will always have a bigger draw and demand than the rest of the family of shelbys

just my three cents

Back to this fantastic story in the making "the last 1966"

[Mikelj5S230]

The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.

When an auction is a reserve auction I don't think much of the bid price unless a car sells. It would surprise me if BaT let a car like this have a reserve above 166K but if they pushed it as a "survivor" and "last one made" who knows unless the auction ends at 166K sold. 101K to 166K isn't normal unless we are talking about a nice 65 Shelby, Boss 429, etc. Look, I've been asked to bid on reserve cars before....

Ah, the old Mecum chandelier bids trick.....

[shelbymann1970]

The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.

When an auction is a reserve auction I don't think much of the bid price unless a car sells. It would surprise me if BaT let a car like this have a reserve above 166K but if they pushed it as a "survivor" and "last one made" who knows unless the auction ends at 166K sold. 101K to 166K isn't normal unless we are talking about a nice 65 Shelby, Boss 429, etc. Look, I've been asked to bid on reserve cars before....

Ah, the old Mecum chandelier bids trick.....

Do you remember when the infamous Reggie Jackson ZL-1 Camaro sold at BJ a few years ago? Stalled at around 200K IIRC. Then steve and Craig started telling the drinkers that the car was way under valued. Then it kept going up to 300K-again IIRC- and stalled there for what seemed like an eternity and I swear-again IIRC- Reggie or someone nodded to the auction guy and the car switched back to 290K(?) and sold. This was a no reserve auction and all captured on TV. I think it was talked about on the supercar Camaro site.

[Mikelj5S230]

Yes, I do remember that. BJ has their own ways of jacking the bids up too.

[Bob Gaines]

The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.

When an auction is a reserve auction I don't think much of the bid price unless a car sells. It would surprise me if BaT let a car like this have a reserve above 166K but if they pushed it as a "survivor" and "last one made" who knows unless the auction ends at 166K sold. 101K to 166K isn't normal unless we are talking about a nice 65 Shelby, Boss 429, etc. Look, I've been asked to bid on reserve cars before....

Ah, the old Mecum chandelier bids trick.....

Do you remember when the infamous Reggie Jackson ZL-1 Camaro sold at BJ a few years ago? Stalled at around 200K IIRC. Then steve and Craig started telling the drinkers that the car was way under valued. Then it kept going up to 300K-again IIRC- and stalled there for what seemed like an eternity and I swear-again IIRC- Reggie or someone nodded to the auction guy and the car switched back to 290K(?) and sold. This was a no reserve auction and all captured on TV. I think it was talked about on the supercar Camaro site.

Reggie was a special customer to them back then and given special treatment IMO. I can remember standing on the stage at BJ with Jim Wicks when one of Reggies cars was going through. Reggie was up there and started bidding up his own car in plain view of everyone. We just looked at each other in disbelief that he would be so blatant. I am not sure who bought the car or if the buyer got clued in so he could get a BJ rebate from the time Reggie started his bids. I would have all been on tape.

[shelbymann1970]

This was the car. Sold for 290(guess I got a good memory, LOL) One of the prior owners in the ownership chain claimed to still have the original body or parts of it. Engine and tags were sold off of it IIRC.  Time flies as it was more than a few years ago. https://www.barrett-jackson.com/Events/Event/Details/1969-CHEVROLET-CAMARO-ZL-1-COPO-COUPE-70622
Here is the story told by the second and "last "owner of the #27 car. See pic

[capecodmustang.com]

Yes, I do remember that. BJ has their own ways of jacking the bids up too.

correct!

[Coralsnake]

Oh the old " I never intended to misrepresent the car" 

How many clone owners say that?

Answer: All of them

In fairness the auction does say "this car has been rebodied"

[shelbymann1970]

Oh the old " I never intended to misrepresent the car" 

How many clone owners say that?

Answer: All of them

The topic spans 15 years now. The guy really didn't as he was a racer and it was a non titled for street race car. Interesting article I have followed since way back then. I'm surprised the engine has not resurfaced. https://www.yenko.net/forum/showthread.php?t=98327&highlight=reggie+jackson

[FL SAAC]

with all the banter about this car, this could be an all time high for an unrestored 66...

Go man Go !