1965 Shelby GT350R sells for $990,000 at RM auction
The ultra-rare 1965 Shelby GT350R is perhaps the most coveted and valuable of all Shelby Mustangs with just 34 built. They rarely come up for sale, and when they do they can command near-seven figure prices. The car you see pictured here is one such example, selling yesterday at the RM auction in Monterey, CA for an incredible $990,000. The auction estimated the GT350R’s price tag to be between $900,000 and $1,300,000, meaning someone got a fairly good deal on a historic Mustang.
The Shelby GT350R that was sold, chassis number SFM5R106, is one of the most original examples in existence with less than 4,900 miles and the original engine and transmission. Originally owned by Richard Jordan, the car was raced in Midwestern SCCA national events until the early 1970s. After its racing career the car was placed into storage until 1986 when it was purchased and restored. Since that time the car has been perfectly maintained and is very original down to its plexiglass and magnesium wheels. The original Shelby American paperwork including invoices, titles, racing photos and more remains with the car.
You can see photos of the 1965 Shelby GT350R at the RM auction in the gallery below.
Photos © 2012 MustangsDaily.com
- Custom 2011 Mustang auctioned off to benefit the Tony Hawk Foundation
- 1994 Ford Mustang SVT Cobra Indy Pace Car with 24 miles going up for auction
- One-off 'School Bus Yellow' Mustang Boss 302 auctioned off for $300,000
- Mint 1968 Shelby GT500 Convertible sells for $330,000 at Barrett-Jackson in Palm Beach
- 2004 Mustang GT-R Concept going up for auction
- SR-71 Mustang sells for $375,000 at EAA AirVenture auction
- Parnelli Jones' 1969 Boss 302 Trans-Am Mustang going up for auction
- Lowest mileage Ford Mustang Boss 429 in existence going up for auction
- Roush to Auction Final Production P-51A Mustang for Charity
- 2004 Mustang GT-R Concept auctioned off for $110,000