Misallocation

1968 Ford Mustang GT

Sold at Mecum Auctions on Aug. 13, 2026.

$31,900Confirmed

The price as reported by the house. Hammer price $29,000, 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
Mustang GT
Gearbox
Automatic
Chassis
8R01J136615
Condition
Good (3)Likely

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

Against comparable sales

Below the middle half of 101 comparable sales, 22% under its bottom.

Middle half of sales$35,253 to $78,555
Median$51,000
Sales behind it101Likely

From 101 sales of the Ford Mustang GT (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $35,253 and $78,555.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Beige Mist 1968 Ford Mustang GT Coupe S-Code 390Bring a Trailer, May 10, 2026Bring a TrailerMay 10, 2026$38,000
1968 Ford Mustang GT FastbackMecum, Nov. 1, 2025MecumNov. 1, 2025$90,000
1968 Ford Mustang GT CoupeMecum, Oct. 31, 2025MecumOct. 31, 2025$69,000
1968 Ford Mustang GT Fastback S-CodeBring a Trailer, Sept. 1, 2025Bring a TrailerSept. 1, 2025$67,000
1968 Ford Mustang GT FastbackMecum, July 25, 2025MecumJuly 25, 2025$68,000
1968 Ford Mustang GT ConvertibleMecum, April 4, 2025MecumApril 4, 2025$33,000
1968 Ford Mustang GT ProjectBring a Trailer, March 12, 2025Bring a TrailerMarch 12, 2025$3,350
1968 Ford Mustang GT Coupe 302Bring a Trailer, Jan. 28, 2025Bring a TrailerJan. 28, 2025$23,500