1963 Shelby Cobra

260 Roadster
$728,250
Sale Price
$750,000 - $950,000
Est. Range
Yes
Reserve
1 October 2021
Sold Date
12
Lot Number
#3+
Visually maintained, largely original
Bonhams
Auction House
Chassis no. CSX2047. Red over black leather. 260/164hp, 4-speed, chrome wire wheels, grille guard, sun visors, wind wings, full weather equipment.

Evaluation: Good recent repaint. Older upholstery in good condition. Decent chrome and a good largely original engine compartment. The catalog records the engine horsepower as 260hp, an unlikely strong 260 V-8 and probably a typo for the correct 164hp. Known history from new and a real car.

Bottom Line: This Cobra sold for $577,000 by RM at Arizona in 2020 but has been recently repainted and updated with a more correct presentation since then. It’s a real early Cobra that’s never been stolen, disassembled or banged up and despite being below the low estimate this is a healthy price for the early (and less valuable) 260/164hp engine and worm-and-sector steering.

by Rick Carey
23 October 2021
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Comments

  • Marc René Yvon says:

    My dream car. Way more than it’s (too) big and loud brother, the 427.
    It would be nicely at home beside my (dream2) Series1 E Type FHC in my dream (3) garage, errr, showroom !

  • Brett Simpson says:

    Always liked the “slab side” cars best. This car would complete my collection and look great next to the 2 Tigers and 66′ Shelby. Congrats to the person that has it now.

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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.