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Barrett-Jackson 2012: 1968 Shelby GT500 Convertible sells for $220,000

By - January 20, 2012 – 9:00 pmNo Comment | 3,335 views

1968 Shelby GT500 Convertible

This 1968 Shelby GT500 Convertible, lot #1016.2 and the third Mustang being offered tonight from the Ron Pratte Collection, is one of the most valuable Mustangs to be auctioned off at Barrett-Jackson today. Just 153 Shelby GT500 Convertibles were built in 1968 with the 4-speed manual, and this particular example has undergone an extensive restoration. With its Candy Apple Red paint and plethora of factory options, this classic Shelby commanded a final selling price of $220,000.

Summary: Super rare one of only 153 428cid with 4-speed Shelby GT500 convertibles built in 1968. Complete rotisserie restoration. Fully documented by Marti Report. From the Ron Pratte Collection.

Details: This Shelby GT500 4-speed convertible is just one of 153 built in 1968 and is the recipient of a complete rotisserie restoration. It was refinished in its correct Candy Apple Red with white power softtop and features a host of documented factory options. Glass backlite, visibility group, décor group, tilt away steering column, cooling package, HD battery, power steering, power brakes, AM radio, wheel lip moldings and most important of all it is a documented 4-speed car. Shelby 10-spoke wheels riding on correct Goodyear Speedway 350 4 ply tires. Full Marti Report, original selling dealer paperwork and even the original Shelby Automotive order form goes with the car. 428cid 4-speed Shelby GT500 convertible. From the Ron Pratte Collection.

Gavel Price: $200,000

Final Selling Price: $220,000

Photos ©2012 MustangsDaily.com

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