Misallocation

1968 Shelby Mustang GT500 Convertible 4-Speed

Sold at Bring a Trailer on June 5, 2023.

$204,000Confirmed

The price as reported by the house. Read from the house's results Oct. 25, 2026.

The car

Year
1968
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT500
Gearbox
Manual
Chassis
8T03S17494202405
Title
Clean
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

Inside the middle half of 80 comparable sales.

Middle half of sales$126,875 to $240,000
Median$172,000
Sales behind it80Likely

From 80 sales of the Ford Mustang Shelby GT500 (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $126,875 and $240,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1968 Shelby GT500 FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$270,000
1968 SHELBY GT500Barrett-Jackson, Jan. 24, 2026Barrett-JacksonJan. 24, 2026$300,000
1968 FORD MUSTANG GT500EBarrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$215,000
1968 Shelby GT500 ConvertibleMecum, Jan. 16, 2026MecumJan. 16, 2026$115,000
1968 Shelby GT500 FastbackMecum, Jan. 17, 2025MecumJan. 17, 2025$130,000
1967 Shelby Mustang GT500 Fastback 4-SpeedBring a Trailer, Nov. 9, 2026Bring a TrailerNov. 9, 2026$300,000
1968 Shelby GT500 FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$140,000
1967 Shelby Mustang GT500 Fastback 4-SpeedBring a Trailer, Oct. 21, 2026Bring a TrailerOct. 21, 2026$250,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Jan. 19, 2005SoldBarrett-JacksonBarrett-Jackson$128,520
Jan. 13, 2015SoldBarrett-JacksonBarrett-Jackson$132,000
June 5, 2023Sold (this sale)Bring a TrailerBring a Trailer$204,000
April 30, 2026SoldBring a TrailerBring a Trailer$176,000