Misallocation

1970 Shelby GT350 Convertible

Sold at Mecum Auctions on Jan. 12, 2024.

$165,000Confirmed

The price as reported by the house. Hammer price $150,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1970
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT350
Gearbox
Automatic
Chassis
0F03M481190
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 73 comparable sales.

Middle half of sales$105,000 to $195,000
Median$144,000
Sales behind it73Likely

From 73 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 $195,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1970 Shelby GT350 FastbackBring a Trailer, July 6, 2026Bring a TrailerJuly 6, 2026$90,000
1970 Shelby GT350 FastbackMecum, Jan. 11, 2025MecumJan. 11, 2025$80,000
1970 Ford Shelby GT350 FastbackMecum, Jan. 11, 2025MecumJan. 11, 2025$105,000
1970 Shelby GT350 FastbackMecum, Jan. 11, 2025MecumJan. 11, 2025$97,000
1970 Shelby GT350 ConvertibleMecum, Jan. 10, 2025MecumJan. 10, 2025$107,500
1969 Shelby GT350 FastbackMecum, Sept. 26, 2026MecumSept. 26, 2026$74,000
1969 Shelby Mustang GT350 FastbackBring a Trailer, Jan. 20, 2026Bring a TrailerJan. 20, 2026$83,569
1969 Shelby GT350 FastbackMecum, Jan. 15, 2026MecumJan. 15, 2026$100,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Jan. 12, 2024Sold (this sale)MecumMecum$165,000
Jan. 10, 2025SoldMecumMecum$118,250