68 KR 500 Convertible

[Steve Z]

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

[QuickSilverShelby]

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

[Steve Z]

    Checked the register , not much to go on. Car was shipped to Chicago dealer on 1/9/68. No owner history?

[Mongo]

#03813 was part of the Petrozzini collection.

[FL SAAC]

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

[Coralsnake]

If the estimate is too high, the auction will be accused of not meeting expectations.

Thats not good for business

[Bill Collins]

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]

Oh reality rears itself ugly head

[427heaven]

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]

It won't sell for that once the "juices"(I.e. booze) start flowing IMHO

[Peachpit67]

Just hammered for 190k not including fees

[BGlover67]

Should have started a poll on what it would sell for.  Great strategy about listing a low estimate.

[Peachpit67]

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]

...ah, it just sold for $209K all in!!!

https://www.mecum.com/lots/CH1019-389040/1968-shelby-gt500kr-convertible/

Wow!

[ITHERTZ]

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.