I have been looking at a 68 GT500 KR convert and would like to get a approximate value of it. The big question is the number under the tag has been restamped. The last 5 numbers have been restamped. The car is was painted yellow back around '81 which is it's original color. The car is also undercoated on the underside and the rockers have had holes drilled in them. It is an automatic car and the interior looks nice. It still has the original smog on the car. It looks like a nice driver car except the numbers have been restamped and it is undercoated. I will attach a few pictures. Thanks for any help you can provide.
Hire an appraiser to go out and take a good look at it.
I did on all our old cars, probably the best couple of Benjamins we spent.
I would suggest a thorough inspection before an estimate could be made.
Having said that there are always people that will throw out a price.
When you say "restamped" does that mean it started as a different VIN?
You need to start with a lot better photos
Are those the rectangular reflectors or the oval ones?
If the car is in Canada, I would be especially careful
Certainly, there are many reputable and knowledge appraisal services. However, it is very hard to be knowledgable on all cars. Will someone who appraises Rolls Royce automobiles, know if a starter delay is missing from a GT500KR? The unfortunate part of an appraisal is, that if you know the right people, you can get one for just about any value. Do not take an appraisal at face value. You have the responsibilty to be the knowledgable person. Just because a car has a high appraisal value, doesn't mean someone will pay that much.
Quote from: Coralsnake on January 27, 2026, 11:55:43 AMCertainly, there are many reputable and knowledge appraisal services. However, it is very hard to be knowledgable on all cars. Will someone who appraises Rolls Royce automobiles, know if a starter delay is missing from a GT500KR? The unfortunate part of an appraisal is, that if you know the right people, you can get one for just about any value. Do not take an appraisal at face value. You have the responsibilty to be the knowledgable person. Just because a car has a high appraisal value, doesn't mean someone will pay that much.
This is so true! Years ago I was selling a 69 Mach 1 and a long distance buyer hired a local appraiser to come look at it (who had actually come and looked at another Mustang previously possible to buy for himself!). The appraisal seemed to go ok till the buyer bailed and shared the appraisal with me. There was so much incorrect info in it! I called the appraiser and had to school him on classic Mustangs and his reply was "you should have shared this with me when I was at your house!" Oh boy!
Altered VIN? good luck
I spoke with Fast Fords and we discussed the stamped VIN on this car. It is my opinion the numbers do in fact match the vehicle in question.
While I can not authenticate the car from the limited information I have, I can say there is nothing in any of the photos I have that indicate the car has been messed with.
I hope someone ends up with a yellow KR convertible. They are very special and unique.
Quote from: Coralsnake on January 27, 2026, 07:50:59 PMI hope someone ends up with a yellow KR convertible. They are very special and unique.
But all the 4 speed A/C ones are spoken for.
Ted and Rae Segerstrom's collection famously includes all five of the special yellow, 4-speed, air-conditioned 1968 GT500KR convertibles produced.
Quote from: 98SVT - was 06GT on January 27, 2026, 08:34:38 PMQuote from: Coralsnake on January 27, 2026, 07:50:59 PMI hope someone ends up with a yellow KR convertible. They are very special and unique.
But all the 4 speed A/C ones are spoken for.
Ted and Rae Segerstrom's collection famously includes all five of the special yellow, 4-speed, air-conditioned 1968 GT500KR convertibles produced.
This particular car is an Automatic
Quote from: Coralsnake on January 27, 2026, 11:51:04 AMIf the car is in Canada, I would be especially careful
With
all due respect I am pretty certain there are more than one Canadian SAAC members (not me) who could correctly evaluate the car. Also, provided all the registration and documentation is solid, it should be no more difficult than any other 68 vehicle to repatriate this car south if that is desired.
My concerns regarding Canada were two fold - they did not have anything to do with finding a qualified person to evaluate the car.
I know several people I would trust.
One, there are certain things known about certain yellow cars. ( I did not have the serial number at the time ) I have researched a lot of them during the special paint project.
Two, Canada cars, like cars in other areas of the US, have a higher propensity to have been very rusty at one time.
For those reasons, some extra due diligence is required in my opinion.
Quote from: 98SVT - was 06GT on January 27, 2026, 08:34:38 PMQuote from: Coralsnake on January 27, 2026, 07:50:59 PMI hope someone ends up with a yellow KR convertible. They are very special and unique.
But all the 4 speed A/C ones are spoken for.
Ted and Rae Segerstrom's collection famously includes all five of the special yellow, 4-speed, air-conditioned 1968 GT500KR convertibles produced.
4? nope its 5. I might know a thing or 2 about them ;D
ps: only 1 yellow 4spd AC 350
Tim,
ps: only 1 yellow Auto AC 350 also
Quote from: TLea on January 28, 2026, 11:51:17 AMQuote from: 98SVT - was 06GT on January 27, 2026, 08:34:38 PMQuote from: Coralsnake on January 27, 2026, 07:50:59 PMI hope someone ends up with a yellow KR convertible. They are very special and unique.
But all the 4 speed A/C ones are spoken for.
Ted and Rae Segerstrom's collection famously includes all five of the special yellow, 4-speed, air-conditioned 1968 GT500KR convertibles produced.
4? nope its 5. I might know a thing or 2 about them ;D
ps: only 1 yellow 4spd AC 350
Yes as AI said five
(https://www.thecoralsnake.com/Theking.jpg)
How much is a 1968 GT500 KR yellow 4spd with AC convertible?
Answer: Whatever Ted says its worth
Quote from: Coralsnake on January 28, 2026, 06:04:11 PM(https://www.thecoralsnake.com/Theking.jpg)
How much is a 1968 GT500 KR yellow 4spd with AC convertible?
Answer: Whatever Ted says its worth
Pre or post Tim?
Was the vin restamped or stamped where missing characters might not have been stamped in the first place? Metuchin workers sucked back then. Ask me how I know....
The last 5 digits of the VIN look different. The 3, the two and the 5 look different in size and font style. That is to me but Pete thinks they look fine.
Quote from: Fast Fords on January 28, 2026, 11:15:39 PMThe last 5 digits of the VIN look different. The 3, the two and the 5 look different in size and font style. That is to me but Pete thinks they look fine.
Which one? Tag on dash - the VIN on the aprons? If only one looks funny I'd say it's ok if all look messed with I'd walk away.
Values, wow that's deep
You have sentimental, intrinsic, material, extrinsic e5c
But look at current SOLD values and add or detract for options, colors, etc
Most importantly be happy with your purchase and drive it
They say "life is short"....enjoy
Quote from: 98SVT - was 06GT on January 29, 2026, 12:38:19 AMQuote from: Fast Fords on January 28, 2026, 11:15:39 PMThe last 5 digits of the VIN look different. The 3, the two and the 5 look different in size and font style. That is to me but Pete thinks they look fine.
Which one? Tag on dash - the VIN on the aprons? If only one looks funny I'd say it's ok if all look messed with I'd walk away.
This is why it takes someone who has extensive knowledge of VIN stampings and not just someone who has seen one or two anomalies. Yes there are some assembly line miscues but you need to study a long line of stampings to see patterns or how things were "fixed" when gone wrong. I've seen the stampings on this particular car and align with Pete who didn't exclusively say they were alright he said based on what he saw from a picture they looked ok but couldn't authenticate from a distance. It might even take being stripped to bare metal top and bottom to authenticate
Two stories, nothing to do with the car in the post, just weird VIN stories
I sell Mustangs here in the UK
Guy came to my shop and was desperate to purchase a car that I was working on. I mean he wanted it NOW. I was about a month out and he just could not wait. On the way home he called me to thank me for my time and said he had put a deposit on a GT500 at a dealer "up north" I said thats great, glad he found a car. I said did you check the Shelby registry? Did you do any due dilligence? He said the car had "all the paperwork" I said great, I know who has the Jim Morrison shelby title but that doesn't mean the car exists. A few months later and the guy called me and thanked me for saving him tens of thousands of pounds. The VIN under the shelby Tag was for a 68 coupe.
So thats one. Here is the other (and sadly I have probably a dozen stories.
A good friend of mine got a 69 or 70 Aqua Shelby convertible in for sale. Man I was smitten!!!! stunning, breathtakingly awesome car. Gulfstream aqua from memory, superb shape.I was talking to my dad about buying it, My good friend didn't like the VIN area very much, So he started sanding, Low and behold the VIN was welded in. Turns out the car was a reshell after the car got hit in front of the owners house. The car was sold, A letter stating the car was a reshell was signed by the new owner to protect the reputation of my friend. I wonder if that car is still being touted as a reshell