1965 Shelby Cobra

289 Dragonsnake
Mecum exceeds $200M in Kissimmee
Thursday, 6 January - Sunday, 16 January
Sale Price
14 January 2022
Sold Date
Lot Number
Competition restoration
Mecum Auctions
Auction House
Chassis no. CSX2427. Yellow with white nose band and black leatherette top over black leather. 289/325hp with factory 4-Weber intake "Stage III" package, chrome braced paperclip roll bar, 5-spoke centerlock alloy wheels, AC 2-lobe nuts, Goodyear Super Cushion front tires, 8-7.60-15 M&H slicks at the rear, known ownership history from new.

Evaluation: One of five factory-built Dragonsnake drag racing cars and the only one built to customer order for Don Reimer in Gettysburg, PA. Special order paint to match his T-Bird tow car. Excellent paint, chrome, and lightly creased upholstery. Restored like new with OEM and NOS parts for Steven Juliano. Better than new without being overdone.

Bottom Line: Sold by RM in Arizona in 2001 for $209,000 then re-restored to acknowledged high standards that brought it a series of awards. Offered as part of the Juliano collection at Mecum Indy in 2019 where it was bid to $1.4M but not sold on the block. Today’s result mirrors that one and is still plenty of money for a Cobra that has no practicality at all.

by Rick Carey
21 January 2022
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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.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.