Misallocation

1969 Shelby GT500 Convertible

Sold at Mecum Auctions on May 16, 2025.

$236,500Confirmed

The price as reported by the house. Hammer price $215,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

Photo: Mecum Auctions

The car

Year
1969
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT500
Gearbox
Manual
Condition
Excellent (2)Likely

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

Against comparable sales

Inside the middle half of 79 comparable sales.

Middle half of sales$126,250 to $240,000
Median$171,000
Sales behind it79Likely

From 79 sales of the Ford Mustang Shelby GT500 (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $126,250 and $240,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1969 SHELBY GT500Barrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$87,000
1969 Shelby GT500 ConvertibleMecum, Jan. 16, 2026MecumJan. 16, 2026$220,000
1969 Shelby Mustang GT500 Fastback 4-SpeedBring a Trailer, Nov. 4, 2025Bring a TrailerNov. 4, 2025$150,151
1969 Shelby Mustang GT500 Fastback 4-SpeedBring a Trailer, June 25, 2025Bring a TrailerJune 25, 2025$83,000
Ex–Les Claypool 1969 Shelby Mustang GT500 Convertible 4-SpeedBring a Trailer, May 9, 2025Bring a TrailerMay 9, 2025$181,000
1969 SHELBY GT500 CONVERTIBLEBarrett-Jackson, Jan. 24, 2025Barrett-JacksonJan. 24, 2025$157,000
1969 Shelby GT500 FastbackMecum, Jan. 11, 2025MecumJan. 11, 2025$152,500
1969 Ford Shelby GT500 FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$127,500