1969 Shelby GT350 Paxton Auction

Beautiful Car..........

 

Very cool car!
Thanks rshelby.
Best Regards,
vern

 

Oh, where to start on this one? Yes its a nice car, but here is evidence a little knowledge can be dangerous.

Let's start with the claim the car is a true one of one. The seller explains the car has a "unique color combination". Acapulco Blue and black?

The seller wants to keep the Marti/Eminger paperwork? He expects someone to buy this car for a very high dollar amount and then pay him $500 for two sheets of paper? Two sheets he paid $60 for?

I'm not sure where the Buisness Week article came from (the seller or the auctioneers). But they seem to be using the 66 Paxton cars as source material to justify the value of the 1969 GT350? The numbers in the article are fantasy at best. Then they mix in a little prototype to juice them some more. The 1969 is not a prototype. So what does the price of a prototype vehicle have to do with anything?

Best case scenario, this car was an engineering car used as test car. The fact the car was sent to Town and Country Ford in North Carolina would not seem to support that theory. Engineering cars were generally sent to Shelby Automotive.

I especially like the way seller says something to the effect of ...because I have never seen one or anyone I have met at a car show hasnt seen one it must be rare. Very amusing. I have been to a lot of car shows. Most people have never even seen a Shelby.

I doubt it very highly that this car is a factory Paxton car. The COBRA air boxes probably would not have been a factory install and the air pickup for the blower is definetly not stock. Over the counter, okay, I might go with that. Funny, the dealer, Town and Country didn't mention it on the invoice. Also funny they don't mention the serial number and have it deleted on the paperwork.

This car is not worth anything close to $625,000. It is probably worth 10 % of that. Oh wait 10% less then $500 you have to pay for the paperwork.

.

 

I was in Byron Center on Tuesday,(about a 2 hour drive) I wish I had know of this Auction, I would have delayed my trip a couple days to go to this auction and see the car in person. I hope everyone does their homework before over paying for this thing.

 

I hope they post the "End Results" of the Auction.
David.

 

I read through all the information on the car and couldn't find where it was listed this was a factory paxton car. It made no mention of the car coming from Shelby with a "blower" as the info keeps referring. And i don't understand the logic of the article calling this car a 675 k car. Maybe i am lost or confused...could someone enlighten me????

 

Auction is complete and final bid was $104505.

 

The only "logic" I can see is they found this article in Business Week. The article is talking about 66 Paxton cars and then goes on the throw out some ridiculous numbers. To top it off, they start talking about prototypes. Prototypes are built before production cars and can carry special significance in some cases. But, since this GT350 is not a prototype and most likely not even a factory engineering car the whole reference is worthless. It's pure fantasy on the part of the owner. There is no documentation at all.

On my website, I have a story about a real documented engineering car. This car could be potentially worth some real money, because it has documentation. The owner did his homework.

I think you could also make the case that some prototypes are actually worth less than the production models, since they never achieved full Shelby status by being assigned a Shelby identification. Prototypes are extremely hard to document. The Shelby Club knows which cars were engineering cars.

http://www.thecoralsnake.com/History12.HTML

Maybe someone can look up 69 # 988 and see what it says?

If they got $104k for an auto trans car they did very well in my opinion.