Misallocation

1969 Shelby GT350 Fastback

Sold at Mecum Auctions on May 15, 2026.

$187,000Confirmed

The price as reported by the house. Hammer price $170,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1969
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT350
Gearbox
Manual
Chassis
9F02M480993
Condition
Excellent (2)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Inside the middle half of 72 comparable sales.

Middle half of sales$105,000 to $198,750
Median$143,500
Sales behind it72Likely

From 72 sales of the Ford Mustang Shelby GT350 (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $105,000 and $198,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
25-Years-Owned, Competition Red 1969 Shelby GT350 Fastback 4-SpeedBring a Trailer, July 15, 2026Bring a TrailerJuly 15, 2026$92,000
1969 Shelby Mustang GT350 Fastback 4-SpeedBring a Trailer, June 8, 2026Bring a TrailerJune 8, 2026$142,000
1969 Shelby Mustang GT350 Fastback 4-SpeedBring a Trailer, April 14, 2026Bring a TrailerApril 14, 2026$102,000
1969 Shelby Mustang GT350 4-SpeedBring a Trailer, Oct. 23, 2025Bring a TrailerOct. 23, 2025$67,500
1969 Shelby GT350 FastbackMecum, July 26, 2025MecumJuly 26, 2025$61,000
1969 Shelby GT350 FastbackMecum, July 10, 2025MecumJuly 10, 2025$71,000
1969 Shelby GT350 FastbackMecum, May 17, 2025MecumMay 17, 2025$80,000
1969 Shelby GT350 FastbackMecum, Sept. 26, 2026MecumSept. 26, 2026$74,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Jan. 14, 2022SoldMecumMecum$170,500
Jan. 12, 2025Did not sellMecumMecum$125,000 high bid
May 15, 2026Sold (this sale)MecumMecum$187,000