The auction effect on value when the car doesn't sell

An R model '65 Shelby Gt 350 Mustang has been bouncing from auction to auction and has had bids from 1 million, down to $475,000 and isn't selling. The owner must have wasted a lot of money on auction house fees, and isn't through bleeding money in hopes of selling at a profit. It's going up at auction again this August at Russo and Steele, http://www.russoandsteele.com/press_release.html?prid=97

Car #530.... one of only 35 produced (1 of 25 still remaining) was shipped to Lima Peru on 7/29/66 and raced extensively on the South American circuit. It was the South American Champion in it's class and the Peruvian National Champion in the late 60's.

Raced by purchaser Bratzo Vicich, the car was the South American Class Champion during the late 1960s as well as the Peruvian National Champion as late as 1973. A second South American owned the car and ran it actively until 1980. Returning to the United States in 1984 in the care of George Stauffer, the car has had numerous American owners since and was campaigned with the Sportscar Vintage Racing Association with whom it has a permanent medallion as well as other well-known sanctioning bodies. Restored not long ago by Kurt Vogt of Cobra Automotive and in a museum for a number of years

image from http://vintageperformance-autosales.com/gt350r.html who for an unknown reason is trying to sell the car before the auction

Great Shelby memorabilia in the back of this Shelby GT 500 Cobra Mustang

This is not verifiable, but a Shelby GT 350 #6s966 may have been pulled out of a Kansas garage after 30+ years

This story has issues, but notice the photo of the GT 350 doesn't have the H after the GT 350 on the rocker panel decal, and the story claims it is a GT 350 H rent a racer Hertz car with original paint.

the original story http://www2.ljworld.com/news/2011/apr/02/rare-1966-shelby-gt350-fastback-found-garage-lawre but Jalopnik has the story http://jalopnik.com/#!5787316/how-a-66-shelby-gt350-was-hidden-in-trash-for-26-years as March 30th 2011 and writes that it's a Hertz rent a racer GT 350 H, and the Leake Auction website has no story to go with the photo gallery of the GT 350 that does not have an H after the GT 350.

The CNN video news clip never mentions Hertz. http://www.cnn.com/video/#/video/us/2011/04/06/dnt.rare.nustang.found.kctv?hpt=T2

Shelby Forums says that this will be written up in the Spring 2011 issue of the Shelby American http://www.shelbyforums.com/forums/1965-1970-shelby-mustang-gt350-gt500/13464-6s966-found-shed.html

Images from http://www.leakecarauction.com/index.cfm?id=209&auc_code=SA11&year=1966&make=Shelby&model=&keyword=&color=&search=1&lot=474
I learned about this story from Robert L and his link was to the Kansas City Star article: http://www.kansascity.com/2011/04/09/2789114/rare-car-found-hidden-beneath.html

The SAAC forum addresses this story http://saacforum.com/index.php?topic=12348.0 and in the thread they state it was orignally a GT 350 H red and gold, but now has a replacement engine as well as a repaint

If anyone knows more about this, or has read the spring 2011 Shelby American, please drop me an email and add anything you can to this story

Thanks to Chad Lawhorn the story writer from the Lawrence Journal for sending me the link to the original article!

The Shelby GT 350 S, first non white GT 350, it was the Paxton prototype. By the time production would have started the idea changed to an option

found on http://www.paxtonauto.com/article.php?id=3

Click on the image for the full size to read the writing, but basically it's a publicity-press release shot in the event that the GT 350 S were put into production, like the GT 350 H (Hertz rent a racer program)

Magnetic Brain turns up another awesome photo, Shelby American hauler with a load of GT350s, wow

http://magneticbrain.blogspot.com

Hear that screaming? Hear the cry of outrage? Yup, they just looked at this GT500 Shelby Mustang Cobra on a junkyard heap of junk cars. The point is

that this should get us fired up, like when Car Craft once had a photo of a Camaro that was being eaten by the jungle slowly... and the submission was accompanied by the phrase "we lost one, but let it be remembered by saving others" (Adam Rosenbaum, Portland Maine)

from http://www.jalopyjournal.com/forum/showthread.php?t=428585&page=561

it reminded me of

that I posted a couple years ago http://justacarguy.blogspot.com/2008/12/no-one-will-likely-ever-know-what.html

Hertz Sports Car Club membership card

From http://www.shelbyforums.com/forums/shelby-memorabilia-artwork-posters-model-cars-more/6942-hertz-sports-car-club-membership-card.html

A sunday morning variety

via: http://maycontainawesome.tumblr.com/

via: http://wetnightmare.tumblr.com/

via: http://goodoldvalves.tumblr.com/

Tail hopping 1986 Ferrari 308GTB of Tony Worswick./ Usually rallied in Europe on Tarmac events, it was well suited to the Race Retro stage. The unusual part was that as it took the ‘yump’ every time, the rear of the car would catapult high in to the air, leaving the car in a nose down position. Not unusual if the engine were in the front, but the Ferrari is a mid-engine configuration! via: http://www.sportscardigest.com/rally-stage-2010-race-retro-report-photo-gallery/

via: http://goodoldvalves.tumblr.com/

via: http://goodoldvalves.tumblr.com/

1946 Saab via: http://goodoldvalves.tumblr.com/

new york storm 1910 via: http://xenabitesback.tumblr.com/

No one will likely ever know what happened to this 66 Shelby GT350 Mustang...

Car Craft once had a photo of a Camaro that was being eaten by the jungle slowly... and the submission was accompanied by the phrase "we lost one, but let it be remembered by saving others" (Adam Rosenbaum, Portland Maine) http://justacarguy.blogspot.com/2006/11/we-lost-one-but-let-it-be-remembered.html

This photo is from a xmas card John Lee got one year, over at http://oleragtop.blogspot.com/

Shelby Mustang Production figures, 1965-1970

SHELBY PRODUCTION NUMBERS

Model Year Body Style Description Produced Total
1965 GT350 Street Prototype 1
Street Production Models 521
Drag Cars 4
Competition Prototypes 2
Competition Production Models 34
562

1966 GT350 Prototypes 2
Standard Fastbacks 1,365
Paxton Prototype 1
Hertz Prototypes 2
Production Hertz Fastbacks 999
Drag Cars 4
Convertibles 4
2,378

1967 GT350 Fastbacks 1,175
GT500 Fastbacks 2,048
GT500 Notchback Prototype 1
GT500 Convertible Prototype 1
3,225

1968 GT500 Notchback Prototype 1
GT350 Fastbacks 803
GT350 Fastback Hertz Cars 224
GT350 Convertibles 404
GT500 Fastbacks 1,044
GT500 Fastback Hertz Cars 2
GT500 Convertibles 402
GT500KR Fastbacks 1,053
GT500KR Convertibles 517
GT500KR Convertible Hertz Cars 1
4,451

1969-70 Barrier Test and Prototype Pilot Cars 3
GT350 Fastbacks 935
GT350 Fastback Hertz Cars 152
GT350 Convertibles 194
GT500 Fastbacks 1,534
GT500 Convertibles 335
3,153

Total Units Produced 13,769
NOTE: Of the 3,153 Shelbys produced in the 1969-70 timeframe, 2,361 were considered 1969 Shelby models and 789 were considered 1970 Shelby models. The remaining 3 were prototype and test cars. ALL PRODUCTION FIGURES SUPPLIED BY SAAC

Via: http://www.karmustang.com/shelby_production_numbers.php

Shelby GT 350's. All 3 types were present at Coronado

Full race version, even has stuff I've never seen before. If you look closely, you'll see that the rear window is the race style that bends into the cabin, instead of a linear curve from trunk to roof.
That it's got a license plate and current registration for legal road driving... means don't try to race it the next time you happen to meet up at the light.
Here's a dual quad 289, and a Hertz version. Cool.

I used to think these were rare. Stupid, they are just expensive and I never went to the rich neighborhoods were these occupy garages. Turns out, more GT 350's were made than Coronet R/T's.

GT 350 H advert

http://de.geocities.com/us_musclecars/cars/mustang/65_mustang_ads_us.html for all the original 60's Shelby mustang ads that guy could find,.... go way in the beginning of this blog for the ones he didn't.

the Shelby GT 350H

Via: http://svammelsurium.blogg.se/

http://dbusso.typepad.com/vintagemotors/vintage_cars/ french old car site, not bad, just need a translator to read.... did I fool 'ya? Hell, I don't read, I just look at these for the pictures!


The Hertz Shelby GT350H was specially prepared for Hertz Rent-A-Car as a publicity move for the benefit of Hertz, Shelby American, and Ford.

Peyton Cramer, a brilliant marketing man, was Shelby's General Manager at this time. He was told to try to get some fleet sales. He called upon Hertz and came back with an order for 936 cars.

The catch was that they had to be painted Hertz colors, black with gold, a paint scheme used on cars made by Hertz in the 1920's, when Hertz was an automaker.

Thus was born the GT-350H.

http://www.heritagegtcc.co.uk/index.php?menu_id=26

Now what this writer didn't say, or didn't know, is that in the very last months a GT 350H could also be ordered in other colors, but the stripe remained gold. Red, blue are the rare colors, black the remembered one. If you only wanted to know what every one knows.... you wouldn't be looking or reading my blog, we're here for the cool stuff, the one step further and better stuff... that's what makes a car guy different from a car driver.

http://www.vantagesportscars.com/gallery/gallery.cgi?func=show&file=200466&Category=100012&Page=1 for a good picture of the blue,

http://www.qv500.com/shelbygt350p2.php gives the following more accurate info
"All were supplied with Gold sill stripes that read GT350H, many also being kitted out with matching Le Mans centre stripes.

Around 80% were painted Raven Black, the remaining 20% being split primarily between Wimbledon White and Candyapple Red."