Misallocation

1968 Shelby GT350 Fastback

Sold at Mecum Auctions on May 13, 2025.

$115,500Confirmed

The price as reported by the house. Hammer price $105,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1968
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT350
Gearbox
Manual
Chassis
8T02J20477502849
Condition
Good (3)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

Below the middle half of 72 comparable sales, 2% under its bottom.

Middle half of sales$106,875 to $198,750
Median$144,500
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 $106,875 and $198,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1968 Shelby GT350 ConvertibleMecum, Sept. 26, 2026MecumSept. 26, 2026$115,000
1968 Shelby GT350 FastbackMecum, Nov. 15, 2025MecumNov. 15, 2025$175,000
1968 Shelby GT350 FastbackMecum, July 26, 2025MecumJuly 26, 2025$150,000
1968 SHELBY GT350 CONVERTIBLEBarrett-Jackson, Jan. 24, 2025Barrett-JacksonJan. 24, 2025$180,000
1968 Shelby GT350 ConvertibleMecum, Sept. 24, 2026MecumSept. 24, 2026$107,500
1968 Shelby Mustang GT350 FastbackBring a Trailer, Sept. 16, 2026Bring a TrailerSept. 16, 2026$143,000
1968 Shelby Mustang GT350 Fastback 4-SpeedBring a Trailer, Sept. 9, 2026Bring a TrailerSept. 9, 2026$175,000
1968 Ford Shelby Mustang GT350 Fastback 4-SpeedBring a Trailer, Aug. 27, 2026Bring a TrailerAug. 27, 2026$144,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Oct. 5, 2024Did not sellMecumMecum$140,000 high bid
Jan. 17, 2025Did not sellMecumMecum$120,000 high bid
April 4, 2025Did not sellMecumMecum$100,000 high bid
May 13, 2025Sold (this sale)MecumMecum$115,500