Misallocation

1968 Ford Mustang Convertible

Sold at Mecum Auctions on June 10, 2023.

$60,500Confirmed

The price as reported by the house. Hammer price $55,000, 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
8F03C113002
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Above the middle half of 520 comparable sales, 22% over its top.

Middle half of sales$19,000 to $45,000
Median$29,000
Sales behind it520Likely

From 520 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, March 21, 2026MecumMarch 21, 2026$89,000
1968 Ford Mustang FastbackMecum, Jan. 18, 2026MecumJan. 18, 2026$65,000
1968 Ford Mustang FastbackMecum, Jan. 18, 2026MecumJan. 18, 2026$60,000
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

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Jan. 27, 2022SoldBarrett-JacksonBarrett-Jackson$51,700
June 10, 2023Sold (this sale)MecumMecum$60,500
Dec. 5, 2025SoldMecumMecum$58,300