Misallocation

1965 Shelby GT350 R

Sold at RM Sotheby's on Aug. 18, 2012.

$990,000Confirmed

The price as reported by the house. Hammer price $900,000, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1965
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT350
Chassis
SFM5R106
Condition
Excellent (2)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 73 comparable sales, 362% over its top.

Middle half of sales$105,000 to $195,000
Median$144,000
Sales behind it73Likely

From 73 sales of the Ford Mustang Shelby GT350 (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $105,000 and $195,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1965 Ford Mustang FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$47,000
1965 Shelby Mustang GT350Bring a Trailer, June 26, 2026Bring a TrailerJune 26, 2026$625,000
1965 Ford Shelby GT350 Re-Creation FastbackMecum, May 15, 2026MecumMay 15, 2026$120,000
1965 Ford GT350 FastbackMecum, May 15, 2026MecumMay 15, 2026$1,000,000
1965 Shelby GT350 FastbackMecum, March 21, 2026MecumMarch 21, 2026$360,000
1965 Shelby GT350 FastbackMecum, Jan. 17, 2026MecumJan. 17, 2026$550,000
1965 Shelby GT350 FastbackMecum, Jan. 16, 2026MecumJan. 16, 2026$600,000
1965 Shelby GT350 FastbackMecum, Jan. 15, 2026MecumJan. 15, 2026$140,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
Aug. 18, 2012Sold (this sale)RM Sotheby'sRM Sotheby's$990,000
May 16, 2026SoldMecumMecum$2,750,000