With Mecum Auctions Harrisburg event coming, I took a moment to look back on past auctions which I performed several inspections at. This 1967 Shelby GT500 inspection was one of several inspections that I performed at Mecum Harrisburg.
This 1967 Shelby GT500 inspection quickly determined this to be a very good example. The car had just completed a fresh restoration, performed to a high standard and retained its original driveline, and finished in a great color combination. The car retained most all of the bits important to a 1967 GT500. My client was quite interested and I bid on his behalf with a predetermined limit, but was outbid to capture this car for $197,500 at auction hammer. In short, the sale price was expected and I feel that good Shelby’s are likely to continue to show strength in the market in the foreseeable future.
Shelby GT350 and GT500 Inspection and Appraisal
The market of Shelby GT350 and GT500’s has been steady and well established, however covers a broad range. The market value range of 1967 Shelby GT500’s is $100,000 to $250,000, with top examples going beyond. The majority of cars sit in the lower half of the range. The variable of condition, originality, history, colors, and options, all play a significant role in Shelby values. Therefore, a proper inspection on any Shelby is imperative prior to offer, bid, or purchase.
I perform Shelby inspections throughout the United States and Canada, as well as most of the major auction events. Regular Mecum auctions are Kissimmee, Houston, Indianapolis, Monterey, Harrisburg, and Dallas. Additionally, regularly attended events for Barrett-Jackson, RM Sotheby’s, Gooding & Co., Bonhams, GAA, Worldwide, and Carlisle. If you are considering the purchase of a special interest car, contact us to inspect the vehicle for you. I can perform Inspection services in many cases within 24 hours. Contact us today at 772.621.2622 to discuss your needs or use our online Pre Purchase Inspection Request Form.