Misallocation

1968 Ford Shelby GT350 Convertible

Sold at Mecum Auctions on May 15, 2026.

$154,000Confirmed

The price as reported by the house. Hammer price $140,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

Photo: Mecum Auctions

The car

Year
1968
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Shelby GT350
Gearbox
Automatic
Condition
Excellent (2)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 72 comparable sales.

Middle half of sales$105,000 to $198,750
Median$144,500
Sales behind it72Likely

From 72 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 $198,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1968 Shelby GT350 ConvertibleMecum, Sept. 24, 2026MecumSept. 24, 2026$107,500
1968 Shelby Mustang GT350 HertzBring a Trailer, Aug. 4, 2026Bring a TrailerAug. 4, 2026$147,000
1968 Shelby GT350 ConvertibleMecum, Sept. 26, 2026MecumSept. 26, 2026$115,000
1969 Shelby GT350 FastbackMecum, Sept. 26, 2026MecumSept. 26, 2026$74,000
1968 Shelby Mustang GT350 FastbackBring a Trailer, Sept. 16, 2026Bring a TrailerSept. 16, 2026$143,000
1968 Shelby Mustang GT350 Fastback 4-SpeedBring a Trailer, Sept. 9, 2026Bring a TrailerSept. 9, 2026$175,000
1968 Ford Shelby Mustang GT350 Fastback 4-SpeedBring a Trailer, Aug. 27, 2026Bring a TrailerAug. 27, 2026$144,000
1968 Shelby Mustang GT350 ConvertibleBring a Trailer, Aug. 12, 2026Bring a TrailerAug. 12, 2026$180,000