Heroshot

1977 Lincoln Continental Mark V

Coupe
$26,400
Sale Price
No
Reserve
22 October 2022
Sold Date
443.1
Lot Number
#4+
Unrestored original
Barrett-Jackson
Auction House
Chassis no. 7Y89A851718. Rose Diamond Fire with red pinstripes and Rose vinyl half roof over red vinyl and brown cloth. 460/208hp, narrow whitewalls, sunroof, Cartier clock, factory cassette, power windows, air conditioning.

Evaluation: Bought new by singer Mickey Gilley and he enjoyed it quite a bit, given the 95,853 miles on the odometer. It has been repainted in its original color and has new tires but otherwise is dirty and rough underneath. The sunroof has odd bubbles in the glass. The interior is holding up reasonably well, however, with some light cracking on the woodgrain dash but little else in terms of wear. The celebrity ownership is the big appeal here. Otherwise it’s just a used, scruffy, gas-guzzling old Lincoln.

Bottom Line: If you’ve never heard of Mickey Gilley, don’t worry too much, but he was a rather popular country singer (and Jerry Lee Lewis’s cousin) whose nightclub, Gilley’s Club, in Pasadena was a South Texas institution that inspired the film Urban Cowboy. He reportedly drove this car to and left it parked in front of the club often. A big auction in Houston was probably the best place in the world to sell this car, and the price it brought gives a fair celebrity premium over the wear and tear but isn’t a crazy number. It’s about condition #2+ money.

by Andrew Newton
17 November 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.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.