Misallocation

1968 Ford Mustang GT/CS

Sold at Mecum Auctions on Jan. 11, 2023.

$44,000Confirmed

The price as reported by the house. Hammer price $40,000, 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/CS California Special
Gearbox
Automatic
Chassis
8R01C167501
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Inside the middle half of 13 comparable sales.

Middle half of sales$35,000 to $45,000
Median$41,000
Sales behind it13Likely

From 13 sales of the Ford Mustang GT/CS California Special (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $35,000 and $45,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1968 Ford Mustang Coupe California Special 289Bring a Trailer, Oct. 20, 2026Bring a TrailerOct. 20, 2026$25,755
1968 Ford Mustang Coupe California Special J-Code 302Bring a Trailer, Sept. 22, 2026Bring a TrailerSept. 22, 2026$41,800
1968 FORD MUSTANG CALIFORNIA SPECIALBarrett-Jackson, Sept. 12, 2026Barrett-JacksonSept. 12, 2026$35,000
1968 FORD MUSTANG CALIFORNIA SPECIALBarrett-Jackson, June 26, 2026Barrett-JacksonJune 26, 2026$41,000
1968 Ford Mustang GT/CS CoupeMecum, Jan. 9, 2026MecumJan. 9, 2026$40,000
1968 Ford Mustang GT/CS CoupeMecum, Dec. 6, 2025MecumDec. 6, 2025$36,000
1968 Ford Mustang California Special CoupeMecum, July 26, 2025MecumJuly 26, 2025$51,000
1968 Ford Mustang California Special CoupeMecum, July 26, 2025MecumJuly 26, 2025$49,000