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1968 shelby gt500kr

Discussion in '1965-1970 Shelby Mustang GT350 & GT500' started by rshelby, Aug 19, 2011.

  1. rshelby

    rshelby ShelbyForums Admin Staff Member

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    Seems like a good price for this one...any thouhgts?

    1968 Shelby SHELBY GT500KR

    1968 SHELBY GT500KR

    Item Location:

    Albuquerque, New Mexico, United States

    Ended: Aug 19, 201111:01:26 PDT

    Bid history:

    7 bids

    Winning bid:

    US $85,877.00
     
  2. Texas GT350

    Texas GT350 Well-Known Member

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    I would say well bought.
     
  3. Coralsnake

    Coralsnake Well-Known Member

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    I would say approriately priced, only because it is missing several thousands of dollars of parts under the hood and the color.

    :guitar:
     
  4. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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    Makes me think I got a fantastic deal on mine 8 months ago, maybe prices are moving up?
     
  5. TLEA

    TLEA Well-Known Member

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    I'd say he got all he could for the car. 4 spd/ac cars are not common but color is a detractor
     
  6. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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    There are some of us that seek out and pay extra for Slime Gold :dance:
     
  7. Coralsnake

    Coralsnake Well-Known Member

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    One car is not a pattern, we need more samples, before we can say prices are rising
     
  8. TLEA

    TLEA Well-Known Member

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    Don't shoot the messenger :lmao: For the record I love lime gold but the fact is most don't
     
  9. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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    True, it seemed to me they were going down, several in very good shape going for under $85K or so (like mine, I considered a bargain given the equipment, condition, and documentation), but we will see. The ones I have seen lately that look top-notch and are more rare are up in the mid six figures, but aren't selling, sellers not motivated enough yet, and buyers not interested enough either.

    "Don't shoot the messenger For the record I love lime gold but the fact is most don't "

    Agreed, I tend to like the more subtle colors, light greens and blues, but some don't. However, I have never had anyone tell me they disliked this color at meets and car shows.
     
  10. rshelby

    rshelby ShelbyForums Admin Staff Member

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    Lime gold is one of my favorites but another indication aside from price that lends credibility to it being a less respected color is the fact that many lime gold cars have been repainted other colors.

    Do you guys consider a repainted lime gold (color change) Shelby to be worth less than an original lime gold, all else equal?
     
  11. Coralsnake

    Coralsnake Well-Known Member

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    A car that has not been repainted is usually going to have more value than a repainted car (regardless of color). A color change is going to detract from the value, no matter what the reason.

    The appreciation for color is subjective. In most cases, there are probably and equal number of people that like any given shade. Personally, I don't like red. I wouldn't want a red car. There are a lot more people that do like red. Lime Green is not considered desirable by the majority of buyers. That doesn't make it bad, it's just reality. Who knows that could change in ten years.

    As far as KR fastbacks being in the mid-six figures, I assume you mean around $150,000. I have been following 68 Shelbys for twenty five years and I can count on one hand the number of KR fastbacks that have sold for $150,000 or more. It's wishful thinking. Of course, sellers can ask anything they want.....But, if you see one above $150,000 you can assume the seller is not very motivated.
     
  12. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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    I would agree with all that, including the red opinion, I also would never have a black car or a very dark any color, even though black is usually the rarest of the colors in any classic. I have a '56 T-bird that was repainted Peacock Blue from that awful, and I mean awful, Thunderbird Green or Sage Green, and it is actually worth more in that color inspite of the repaint from original since the original color was so awful and the repaint doesn't effect Baby Bird folks so much, they like quality and certain colors.

    And yes, I meant $150K or so. I watched the Mecum Monterey last weekend, and there were I think two KRs that went above $100K, one about $105K (a fastback) and the other (a vert) above $170K and neither sold, go figure, if you can't find loose checkbooks in Monterey, they are not available! But I see KR fastbacks often above $140K and verts above even $250K for sale, of course they don't sell.
     
  13. 67GT500#2100

    67GT500#2100 Shelby Forums Pit Crew

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    Too me repaints, with modern paint and clear coat makes lime gold look great. Original cars in that color don't quite pop like repainted ones do. I am not saying repaint every car even if it has original paint though.

    Lime Gold repainted car.
    [​IMG]
     
  14. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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  15. zrayr

    zrayr Well-Known Member

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    I will be one of the strangers that comes up to you at a show and tells you "lime green" is the only Ford factory color that can make a beautiful car ugly.

    Z.
     
  16. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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    Thanks for that.... I don't like red either....:D
     
  17. Coralsnake

    Coralsnake Well-Known Member

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    Most of the cars shown today are shown in Concours trailered (MCA), Heritage (Team Shelby) or Division 2 (SAAC)> Those classes have no deductions for base coat / clear coat finishes. If you are competing in the throughbred classes or the paint is excessively glossy/smooth, it may be different.

    I don't know nothing about Corvettes (other than AO Smith built some) but, I would suspect NCRS will have to adapt their rules at some point because of the wacky enviromental laws.

    That 67 looks beautiful! Nice job. I don't mind the Lime Green at all, but was just stating the reality of the market today.
     
  18. A-Snake

    A-Snake Well-Known Member

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    Good painters can achieve the correct 'look' for Corvettes that is accepted by NCRS using base coat/clear coat, including the orange peel. ;)
     
  19. mikeljgt500kr

    mikeljgt500kr Well-Known Member

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    But I can tell tell you as an experienced judge, some know and can tell the difference easily, we may or may not hammer the car, it's a judgement call.
     
  20. A-Snake

    A-Snake Well-Known Member

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    Not sure what you mean by 'hammer'. I know of several mid-year cars that achieved Top Flight with base coat/clear coat.
     

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