Misallocation

1968 FORD MUSTANG S-CODE

Sold at Barrett-Jackson on Jan. 27, 2022, offered with no reserve.

$59,400Confirmed

The price as reported by the house. Hammer price $54,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1968
Make and model
Ford Mustang
Generation
Mustang first generation
Gearbox
Manual
Chassis
8R01S108497
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 1927 comparable sales.

Middle half of sales$27,000 to $90,000
Median$48,000
Sales behind it1,927Likely

From 1927 sales of the Ford Mustang first generation in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $27,000 and $90,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Fuel-Injected, 5.0L-Powered 1968 Ford Mustang Convertible 5-SpeedBring a Trailer, Oct. 30, 2026Bring a TrailerOct. 30, 2026$36,000
1968 Shelby Mustang GT500KR Fastback 4-SpeedBring a Trailer, Oct. 27, 2026Bring a TrailerOct. 27, 2026$211,000
1968 Shelby GT500 FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$270,000
BluePrint 347-Powered 1968 Ford Mustang 5-Speed Fastback ConversionBring a Trailer, Oct. 16, 2026Bring a TrailerOct. 16, 2026$58,500
ProCharged Dart 363ci-Powered 1968 Ford Mustang Fastback 6-SpeedBring a Trailer, Oct. 7, 2026Bring a TrailerOct. 7, 2026$76,000
1968 Shelby Mustang GT500KR Fastback 4-SpeedBring a Trailer, Sept. 30, 2026Bring a TrailerSept. 30, 2026$182,428
1968 Shelby GT500KR FastbackMecum, Sept. 26, 2026MecumSept. 26, 2026$270,000
1968 Ford Mustang CoupeMecum, Sept. 26, 2026MecumSept. 26, 2026$46,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Sept. 25, 2015SoldBarrett-JacksonBarrett-Jackson$29,150
Jan. 27, 2022Sold (this sale)Barrett-JacksonBarrett-Jackson$59,400
Jan. 14, 2026SoldMecumMecum$40,700
July 23, 2026SoldMecumMecum$46,200