Misallocation

1968 FORD MUSTANG CUSTOM CONVERTIBLE

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

$51,700Confirmed

The price as reported by the house. Hammer price $47,000, 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
8F03C113002
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

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