Misallocation

1968 Ford Mustang Fastback

Sold at Mecum Auctions on March 21, 2026.

$97,900Confirmed

The price as reported by the house. Hammer price $89,000, 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 (six or V8)
Gearbox
Manual
Chassis
8R01C165414
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

Above the middle half of 519 comparable sales, 98% over its top.

Middle half of sales$19,000 to $45,000
Median$29,000
Sales behind it519Likely

From 519 sales of the Ford Mustang (six or V8) (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $19,000 and $45,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1968 Ford Mustang CoupeMecum, Sept. 26, 2026MecumSept. 26, 2026$46,000
1968 Ford Mustang CoupeMecum, July 23, 2026MecumJuly 23, 2026$42,000
1968 Ford Mustang FastbackMecum, Jan. 18, 2026MecumJan. 18, 2026$60,000
1968 Ford Mustang FastbackMecum, Jan. 18, 2026MecumJan. 18, 2026$65,000
1968 Ford Mustang CoupeMecum, Jan. 14, 2026MecumJan. 14, 2026$37,000
1968 Ford Mustang ConvertibleMecum, Dec. 5, 2025MecumDec. 5, 2025$53,000
1968 Ford Mustang FastbackMecum, Nov. 15, 2025MecumNov. 15, 2025$295,000
1968 Ford Mustang FastbackMecum, Nov. 1, 2025MecumNov. 1, 2025$175,000