Misallocation

1969 FORD MUSTANG MACH 1 428 CJ

Sold at Barrett-Jackson on Jan. 23, 2026, offered with no reserve.

$72,600Confirmed

The price as reported by the house. Hammer price $66,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1969
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Mustang 428 Cobra Jet
Gearbox
Manual
Chassis
9T02R119284
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 34 comparable sales, 16% under its bottom.

Middle half of sales$76,625 to $107,250
Median$95,750
Sales behind it34Likely

From 34 sales of the Ford Mustang 428 Cobra Jet (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $76,625 and $107,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1969 FORD MUSTANG MACH 1 428 CJBarrett-Jackson, Sept. 12, 2026Barrett-JacksonSept. 12, 2026$90,000
1969 FORD MUSTANG MACH 1 428 CJBarrett-Jackson, June 27, 2026Barrett-JacksonJune 27, 2026$210,000
1969 Ford Mustang Mach 1 428 Cobra JetCars & Bids, June 8, 2026Cars & BidsJune 8, 2026$84,000
1969 Ford Mustang Mach 1 428 Cobra JetCars & Bids, May 30, 2026Cars & BidsMay 30, 2026$95,000
1969 Ford Mustang Mach 1 428 Cobra Jet 5-SpeedBring a Trailer, May 27, 2026Bring a TrailerMay 27, 2026$126,000
25-Years-Owned 1969 Ford Mustang Mach 1 428 Cobra Jet 4-SpeedBring a Trailer, May 2, 2026Bring a TrailerMay 2, 2026$75,428
1969 Ford Mustang Mach 1 428 Cobra Jet 4-SpeedBring a Trailer, Feb. 17, 2026Bring a TrailerFeb. 17, 2026$108,000
1969 FORD MUSTANG MACH 1 428 CJBarrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$105,000