Misallocation

1968 SHELBY GT500KR CONVERTIBLE

Sold at Barrett-Jackson on Oct. 18, 2025, offered with no reserve.

$132,000Confirmed

The price as reported by the house. Hammer price $120,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1968
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT500KR
Gearbox
Automatic
Chassis
8T03R211002
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

Below the middle half of 46 comparable sales, 44% under its bottom.

Middle half of sales$173,125 to $260,750
Median$205,500
Sales behind it46Likely

From 46 sales of the Ford Mustang Shelby GT500KR (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $173,125 and $260,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
53-Years-Owned 1968 Shelby Mustang GT500KR ConvertibleBring a Trailer, Oct. 20, 2026Bring a TrailerOct. 20, 2026$266,000
1968 Shelby Mustang GT500KR ConvertibleBring a Trailer, Oct. 9, 2026Bring a TrailerOct. 9, 2026$200,000
23-Years-Owned 1968 Shelby Mustang GT500KR ConvertibleBring a Trailer, Sept. 17, 2026Bring a TrailerSept. 17, 2026$232,650
1968 Shelby GT500KR FastbackMecum, May 16, 2026MecumMay 16, 2026$185,000
1968 Shelby GT500KR ConvertibleMecum, March 21, 2026MecumMarch 21, 2026$185,000
1968 Shelby GT500KR FastbackMecum, Jan. 16, 2026MecumJan. 16, 2026$175,000
1968 Shelby GT500KR ConvertibleMecum, Jan. 16, 2026MecumJan. 16, 2026$185,000
1968 Shelby GT500KR ConvertibleMecum, Jan. 15, 2026MecumJan. 15, 2026$216,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Oct. 18, 2025Sold (this sale)Barrett-JacksonBarrett-Jackson$132,000
March 21, 2026SoldMecumMecum$203,500