Misallocation

1968 Ford Mustang GT Convertible

Sold at Mecum Auctions on Jan. 13, 2026.

$52,800Confirmed

The price as reported by the house. Hammer price $48,000, 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 GT
Gearbox
Manual
Chassis
8T03S201038
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 101 comparable sales.

Middle half of sales$35,000 to $78,555
Median$51,000
Sales behind it101Likely

From 101 sales of the Ford Mustang GT (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $35,000 and $78,555.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Fuel-Injected 1968 Ford Mustang GT Fastback 302 5-SpeedBring a Trailer, Aug. 16, 2026Bring a TrailerAug. 16, 2026$80,000
20-Years-Family-Owned, 289-Powered 1968 Ford Mustang GT California Special 4-Speed ProjectBring a Trailer, July 17, 2026Bring a TrailerJuly 17, 2026$31,000
1968 Ford Mustang GT Convertible 302 4-SpeedBring a Trailer, June 19, 2026Bring a TrailerJune 19, 2026$47,000
1968 Ford Mustang GT Convertible 302 4-SpeedBring a Trailer, May 18, 2026Bring a TrailerMay 18, 2026$35,000
25-Years-Owned 1968 Ford Mustang GT Fastback S-Code 390 4-SpeedBring a Trailer, March 30, 2026Bring a TrailerMarch 30, 2026$62,500
1968 Ford Mustang GT FastbackCollecting Cars, March 27, 2026Collecting CarsMarch 27, 2026$65,000
Bullitt-Style 1968 Ford Mustang GT Fastback S-Code 390 4-SpeedBring a Trailer, Dec. 11, 2025Bring a TrailerDec. 11, 2025$83,500
351-Powered 1968 Ford Mustang Fastback GT 5-SpeedBring a Trailer, Sept. 11, 2025Bring a TrailerSept. 11, 2025$75,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Jan. 15, 2022SoldMecumMecum$63,800
Jan. 13, 2026Sold (this sale)MecumMecum$52,800