Evaluation: From the Frank Tsuru collection. Clean engine. Good older paint and chrome. Faded dash top and severe all faded steering wheel. Aged console and seats. Matching numbers with great equipment and seemingly original interior.
Bottom Line: Ouch. This Mustang sold for $100,800 on Bring a Trailer in 2021 less than half that amount in Mecum, a venue you’d think would be a lot friendlier to American muscle than BaT. This is a clean, documented, well-optioned Mustang and it crossed the block at prime time on Saturday, when most of the money is typically in the room. For whatever reason, nobody was paying attention and it flew under the radar at no reserve despite its time slot. This is a head-scratcher, but also yet another example of a car selling for big money during the boom of 2020-22 and losing value during a cooler 2023.