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Sold Gt-350 R

Discussion in '1965-1970 Shelby Mustang GT350 & GT500' started by GTBULLITT, Aug 17, 2007.

  1. GTBULLITT

    GTBULLITT Member

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    Rick Kopec Car sells for $775,000.
     
  2. vernonestes

    vernonestes Well-Known Member

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    The market is leveling out. Fair price for both parties involved.

    Best Regards,
    Vern
     
  3. 65gtfastback

    65gtfastback Well-Known Member

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    That's almost like an insider trading report...


    Can he still be in charge without a r model?
     
  4. The Commissioner

    The Commissioner Well-Known Member

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    I thought he sold it 3-4 years ago for $300k.
     
  5. SFM6S2015

    SFM6S2015 Well-Known Member

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    Sounds like he is learning for Mr. Shelby himself. Sell a car in 1967 for 6 grand. Then sell the same car 40 years later for 5.5 millon.

    Larry
     
  6. computerworks

    computerworks Well-Known Member

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    Larry..are you under the impression that CS actually owned CSX3015 when it was sold recently...or are you just makin' jokes.? :confused:
     
  7. SFM6S2015

    SFM6S2015 Well-Known Member

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    Yes I was under that impression. After reading your post I guess I was mistaken. So I am just making Jokes.

    Larry
     
  8. computerworks

    computerworks Well-Known Member

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    OK... :lol:

    He showed up at B-J to pump the car's history and add to the hype...
    ..it was a private sale by a fellow from AZ who owned it.
     
  9. vernonestes

    vernonestes Well-Known Member

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    Harley Cluxton owned the supersnake.

    I thought the auction description for RM or the GT350R said that Kopec didnt own it any more.

    Vern
     
  10. shlby66

    shlby66 Well-Known Member

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    Rick Kopec had not owned 5R098 for several years now. The owner had
    Rick drive it in Vintage races for him. Not a bad deal...sell for good money
    and still get to drive it!
    shlby66
     
  11. Snakepit

    Snakepit Well-Known Member

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    The other one for sale across the street when for 600. Rumors had it that the #98 may have gone to Leno. But just rumors.

    Market appears soft with nervous buyers and sellers. In general most auction type cars were not getting anything but bargain bids and the personalized cars were really embarrassed as were most clones. IMHO European cars appeared to be doing well but did not go to all four auctions
     
    Last edited: Aug 19, 2007
  12. shlby66

    shlby66 Well-Known Member

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    Snakepit,

    What are you referring to; regarding the #89 ? Is that a number painted
    on the car or is it VIN number ? Just curious as there is no 5R089.

    Prices on competition cars in general reflect their desirability based on the
    history of the vehicle. More documented race history; Notable drivers ( Miles,
    Titus, Johnson, Gerber, etc. ) Races and Championships won, are things
    collectors pay attention to.

    And yes, the market overall is leveling off. The ridiculous prices bid in recent
    times on dubious ( think "recreations" "tribute" or any other euphemism
    for a fake ) is plain stupid money.

    However, I think Cobra and Shelby prices will remain stronger than the rest of the market. That is, for the best examples: originals in mint condition and
    high quality restored and maintained examples. That does not mean good
    quality driver status Shelbys will drop in value anytime soon. The best ones
    always bring the highest prices.
    shlby66
     
  13. Snakepit

    Snakepit Well-Known Member

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    Thanks for picking up on that ... its been changed

    Agreed for those cars it is all about the history for most buyers

    The other one sold was #213

    As for the market, first IMHO it is almost impossible to compare and get a true feel for it unless you watch specific cars with no issues, since no two cars are alike.

    And auctions(one of the easiest ways to follow) are most often filled cars with issues and quick incomplete/incorrect restorations if you want to call them by that name.

    Agree with you on the fakes or copies (what ever one wants to call them) but as always there will be a market for almost any car.

    The best examples will always hold their own the best but the drivers and poorer done cars are starting to suffer from what I've seen but we are only on the leading edge it appears. We will have to wait to see where the road takes us

    Without looking at my notes, some addition bids/sales from this weekend

    1- The first 68 KR sold for $160K

    2- A 69 GT500 driver got one bid from a guy who had been standing at the bar too long for $40 or 45K

    3- 70 Boss 302 Pretty car with a hot rod NASCAR 351 and the original block topped out in the low 30K's

    4- 66 GT350 driver sold for $104K
     
  14. Jerry_Moss

    Jerry_Moss Well-Known Member

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    Hi guys

    Where did he sell his car at? In an auction?? I never thought i´d sell
    that car. It is a legend. But the price is awesome he bought it for what
    80000$??? He might been a broaker when he was younger! :laf:
    Why is he not in this forum??? I sure would like to ask him a few questions
    or even call him up.
    Where can i see detailed picures of the 5R098??? What has his car and area 51 in common??? Never seen any pictures from the inside. :laf: :doh: :laf:


    Bye Jerry
     
  15. sfm5s159

    sfm5s159 Active Member

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    Does anybody have details on the sale prices of the other 1965's at the Auction? I know there were two street cars at RM and at least one '65 at Russo & Steele.

    BTW, how do I start a new thread? It should be simple, but I don't see a link....I'm a newbie:blink:
    MC
     

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