Misallocation

1969 Ford Mustang Custom

Sold at Mecum Auctions on Sept. 22, 2026.

$28,600Confirmed

The price as reported by the house. Hammer price $26,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1969
Make and model
Ford Mustang
Generation
Mustang first generation
Gearbox
Automatic
Chassis
9T01T117744
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

Below the middle half of 1927 comparable sales, 4% under its bottom.

Middle half of sales$27,000 to $90,000
Median$48,000
Sales behind it1,927Likely

From 1927 sales of the Ford Mustang first generation in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $27,000 and $90,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1969 Ford Shelby GT500 FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$127,500
1969 Ford Mustang Mach 1 FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$80,000
1969 Ford Mustang Mach 1Cars & Bids, Oct. 15, 2026Cars & BidsOct. 15, 2026$88,000
1969 Shelby GT350 FastbackMecum, Sept. 26, 2026MecumSept. 26, 2026$74,000
1969 Shelby Mustang GT500 FastbackBring a Trailer, Sept. 26, 2026Bring a TrailerSept. 26, 2026$125,000
1969 Ford Mustang Mach 1 FastbackMecum, Sept. 26, 2026MecumSept. 26, 2026$65,000
1969 Ford Mustang Mach 1 FastbackMecum, Sept. 25, 2026MecumSept. 25, 2026$77,000
1969 SHELBY GT350-HBarrett-Jackson, Sept. 11, 2026Barrett-JacksonSept. 11, 2026$88,000