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1968 gt500kr

Discussion in '1965-1970 Shelby Mustang GT350 & GT500' started by 91Terminator, Oct 4, 2010.

  1. 91Terminator

    91Terminator Banned

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    Hey guys new to the forum. Figured id ask you guys:

    I have a 1968 Shelby GT500KR for sale - not restored, its a driver not a show queen, needs paint was painted in 1979 with lacker paint is showing its age, seats need to be reupholstered there were done in leather way back when.

    We are asking $140,000.00 they seem to be running anywhere from 160K to 190K.

    Email me if interested tony@fortesonline.com.

    1968 Shelby GT 500KR
    VIN # 8T02R210899-03772
    Total KR production 1053
    Data Tag:
    63B Deluxe Fastback Interior
    D Med Blue Metallic
    5AA Black Comfort Weave
    26U August 1968
    8D30027 Dist (8D) Shelby Cars
    5 3.00:1 E Locker Axle
    5 4 speed manual - only built during the last three months of production

    Delivered to Rivers Ford, Monroe, LA
    • Came to Florida in approximately 1971; purchased car from owner in Safety Harbor, 1976
    • Has been painted twice – 1976 and 1979 over original paint
    • Has never had any rust damage and was always garage kept
    • The left rear back panel was replaced due to a collision at a traffic light in 1979, there was no structural damage
    • Has power steering, power brakes and tilt, kick-over steering column, Factory AM/FM radio
    • The engine was rebuilt in 1984, stock bore, 428 CJ, mild cam change and aluminum factory intake installed, still have original cast iron intake
    • 75,238 miles on the car; Less than 4,000 miles on suspension, steering, rear axle and springs
    • Interior has all leather seats showing normal wear for age of install 1977. Original interior was vinyl
    • All windows, glass, stainless, chrome are in excellent condition
    • Fiberglass and body shell are in excellent condition
    • Paint is showing age (1979)
    • Exhaust is in good shape, not original – different mufflers and pipes for better performance, yet still retains factory exhaust manifolds, no headers
    • Magnum 500 rims, radial tires
    o Standard wheels in 1968 were hub caps; options were 10 spoke aluminum or Magnum 500 chrome steel 15”; most had hub caps.
    • Due to limited use it has never had Freon in A/C yet has new compressor, condenser and valves and all cables and controls work well (felt this was a waste of money to charge up and only driven to local car shows/hang outs with windows down).
     
  2. 91Terminator

    91Terminator Banned

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    Here are a few Picture of the car.
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  3. Coralsnake

    Coralsnake Well-Known Member

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    Re: 1968 GT500 KR

    Huh? Good luck with the sale. I have been watching 1968 Shelby prices for 25 years and very few KRs fastbacks have ever sold above $150,000. Those that did were exceptional cars. So, I am not sure where that came from? I know of several convertibles that have recently sold for under $ 140,000 and convertibles tend to be priced 30-40% higher than fastbacks. Right now most KR fastbacks are selling in the $80-100,000 range.

    Starting high is always a good idea. Just my opinion, but with a lot of missing parts and color change you are probably way high.

    The axle code you gave also seems to be incorrect. The car was probably an original AM radio car. 10 spoke aluminum wheels or Magnum 500s were not "optional"

    If you need more information you can email and I will give you a better idea of the approximate value (just my opinion)


    Coralsnake68@hotmail.com

    www.thecoralsnake.com



    :cigar:
     
  4. KensKR

    KensKR Well-Known Member

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    This KR was bought a few months ago for 104K.
    Kenny
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  5. 91Terminator

    91Terminator Banned

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    Magnum 500 wheels were a ford factory item in their accesserie cataloge from 1965 through 1973, any Shelby could be so equiped , most however were either hubcaps or 10 spokes, in show judgeing you cant count off for any factory available ford items added on at time of dilvery.
     
  6. 91Terminator

    91Terminator Banned

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    Does anybody have any info on how many factory air 4sp KRS.
    Ive only seen info 299 with air but no break down on automatics vs. 4sp.
    At all the shows Ive been to since 1970s , Ive never seen another with air.
     
  7. TLEA

    TLEA Well-Known Member

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    I can't? Really? Although one of the major 3 judging venues will allow for reasonable dealer installed accessories I think the magnums are a stretch. The other 2 I judge for I would definately not allow magnums unless the owner had an invoice showing they were purchased at the time of delivery. Do you have one?
    Also your statement of "most were equipped with either hubcaps or 10 spokes" should be changed to "most were equipped with hubcaps and several (4ish) were equipped with 10 spokes".
     
  8. Coralsnake

    Coralsnake Well-Known Member

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    I don't think your making any progress trying to convince the newbie. First, the wheels were an "option". An option is installed at the factory. Magnums were not an option.

    When I pointed out the wheels were not correct , they became an "accessory". Sure a dealer could have installed them, that means nothing. They are not correct for the car. Unless you have original paperwork from the dealership, the wheels would be deducted in most major shows. Trust me, I have judged in MCA, Team Shelby and SAAC.

    Next thing you know, he will be telling us the car isn't missing any parts.

    With regards to AC / 4spds. You can estimate half the 1,500+ KRs had 4 speeds and half of those had air. I would put the number at something close to 375.

    The number of factory ten spoke is so small, it is statistically insignificant. So, saying all 1968 Shelbys originally had hubcaps would not be a stretch.


    :ph34r:
     
  9. TLEA

    TLEA Well-Known Member

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    I think you mean wheelcovers ;)
     
  10. Coralsnake

    Coralsnake Well-Known Member

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    Correction made. Thanks.
     
  11. Bob Gaines

    Bob Gaines Well-Known Member

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    You picked the wrong place to make concours rule assumptions with so may concours judges from all three venues posting on this site . 15 inch magnums weren't available until after April 1969 which was when the Boss 302 's came out. It would be a hard case to make that a 15 inch magnum would be considered a viable dealer accessory unless you could show proof that the car was sold after April of 1969 . That would only be with MCA. SAAC and Team Shelby would not allow it unless you had reasonable proof like a dealer paperwork from the day that it was installed before the first owner took delivery on that particular car.
     
  12. 91Terminator

    91Terminator Banned

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    First off wasnt trying to cause anybody to get their feathers ruffled , or prove whos the head guru.
    How many on this site has been working on these cars since they were new and under warranty, our dealership here used to install any item that was in our factory shop tips flyers , accessery pamflets, hi performance cataloges, and anything that the sales department added to the list, and I stated when the customer took dilivery, so why is everybody getting upset.
    Out of curosity how would a judge score a 1969 Shelby if it had magnums, for we had a call back on them , and the cars recieved magnums until the replacement factory wheels were shipped , and you had the option of keeping the magnums if you so choosed?
     
  13. Coralsnake

    Coralsnake Well-Known Member

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    I don't think anyone here has anything to prove. No one is upset either.

    But, when you make statements that are not true, they need to be corrected. I realize that some people don't like being corrected (especially in public).

    However, if the statements aren't corrected, they are perpetuated. Don't take it personally, it's just a discussion. As Bob mentioned, there are a lot of judges that read the larger forums, so making statements like what is allowed at a show are going to be called out. What's okay at your local car show may not be acceptable in the bigger, national shows. You may not be familiar with the bigger car shows, so that's a perfectly acceptable mistake. National shows tend to focus on historical accuracy. So it's not what you have, it's how correct it is that counts. Which is I made my earlier statement, a car with a color change and missing parts is not going to be as desirable to most knowledgeable buyers.

    The other end of the spectrum is a lot of people might not even have the knowledge level you do. So leaving a statement uncorrected is going to make them believe its okay to show up with 1969 wheels on their 1968 Shelby. When correctness counts, it is not okay.

    26 U = July 26th


    :whistle:
     
  14. thefordshow

    thefordshow Well-Known Member

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    Not wanting to hurt any ones feelings, but I would place this car well south of 100K,... would need alot to bring it back around.[JMHO]
     
  15. TLEA

    TLEA Well-Known Member

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    Totally different scenario. There is documentation that magnums were used until the riveted rim issue was resolved. Again where is your documentation? If we allow anything then we have concours cars with CB radios, shag carpeting, red side stripes etc.
     
  16. shelbnut

    shelbnut Active Member

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    According to the Marti Report on my KR there were 125 428CJ with four-speed and air conditioner.
     
  17. 91Terminator

    91Terminator Banned

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    As I said in my oringinal statement ,at the time of delivery.
     
  18. TLEA

    TLEA Well-Known Member

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    91 Terminator, my apologies that we didn't tell you what you wanted to hear. Please try Illagreewithanythingyousay.com
     
  19. Coralsnake

    Coralsnake Well-Known Member

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    Thanks nut. I checked the Marti Reports I have and that same number comes up on the fastback sheets. 125 4spd/KR with AC.

    I was wrong twice in the same thread!

    It really doesn't change my opinion, I agree the car is well south of $100,000


    :doh:
     
  20. rshelby

    rshelby ShelbyForums Admin Staff Member

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    It's a good thing he deleted his last post...you all woudn't be happy to see it. He was pretty fired up . Sometimes the truth hurts. :(
    Randall
     

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