1968 Shelby GT500

KR Fastback
RM Open Roads, April 2021 (Online Only)
Wednesday, 21 April - Thursday, 29 April 2021
Sale Price
$160,000 - $180,000
Est. Range
29 April 2021
Sold Date
Lot Number
Older restoration
RM Sotheby's
Auction House
Chassis no. 8T02R210195-03579. Acapulco Blue over black vinyl. 428/335hp, automatic, power steering, power brakes, 3.5 Traction-Lok, GT group, Sport Deck rear seat, tilt-away steering column, 10-spoke alloy wheels, Goodyear white letter tires, pushbutton radio, inertia reel shoulder harnesses, driving lights, SAAC Registry documented.

Evaluation: Restored to high standards but done a while ago and with some cosmetic restoration issues, age, and minor chips. The wheels are unblemished. Some of the cast trim chrome is weak and the driver’s rocker panel molding is scuffed. The bumpers are good, and so is the upholstery. The engine compartment is excellent and the chassis is very good. SAAC judges will not be blown away, but most casual onlookers will be impressed.

Bottom Line: Sold by RM at Boca Raton in 2005 for $144,450, this car’s condition today looks 16 years old. Not in a bad way – it’s obviously been carefully maintained and little used – but it’s used and aged and would have been a better deal, taking its automatic into account, at $110,000 than at this price.

by Rick Carey
8 May 2021
gt500 kr side
gt500 kr front
gt500 kr interior
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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.