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Last first gen GT350 up for auction

Started by Mikelj5S230, February 09, 2024, 08:36:41 PM

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DC-DD

The car was inside when my friends went there to buy Corvette parts as the owner was a big Corvette guy.
These pictures are from April 10  2021

TOBKOB

1969 GT350 owned since 1970

6s1640

#17
So did Gino Burelli sell the car to the person in shown in image reply No. 18?  Makes you wonder what else is going on that the car has not even been made to run, let alone a restoration in the last ten years.

Cory

Bigfoot

I really don't think that being the last 66 produced means it is any more valuable or has any more water cooler talk value than any production 66.
RIP KIWI
RIP KIWI

CharlesTurner

Quote from: Bigfoot on February 13, 2024, 03:58:18 PM
I really don't think that being the last 66 produced means it is any more valuable or has any more water cooler talk value than any production 66.

+1, it's splitting hairs with the 4 convertibles built last. 

It's much more interesting/desirable that it's a 4sp sapphire blue car
Charles Turner
SAAC Concours National Head Judge

Mikelj5S230

Yes, firsts and lasts can sometimes be valuable, but it depends a lot on the car.  One collector I know likes to buy the first and last of each Corvette series, and has paid a premium for them.  The car I sold at BJ was the last of a kind, and did pretty well.
Formerly known as CorvetteMike.

shelbymann1970

I'd be curious if 166K met the reserve. Going from 101K to 166K is "interesting". One guy said it was a time capsule. This car doesn't even come close to being a time capsule.
How can one prove that this 66 is the last one built. Were the latter part of 66 production were they built in strict order? Paperwork on the "last car"?
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)
"2nd" owner of 68 GT500 #1626

CharlesTurner

Quote from: shelbymann1970 on February 16, 2024, 11:48:09 AM
I'd be curious if 166K met the reserve. Going from 101K to 166K is "interesting". One guy said it was a time capsule. This car doesn't even come close to being a time capsule.
How can one prove that this 66 is the last one built. Were the latter part of 66 production were they built in strict order? Paperwork on the "last car"?

I was trying to be nice in my response about the car being a time capsule, about spit up my morning tea when I read it, lol!  When I read their next comment about they hadn't seen another Shelby with original traction bars intact, I knew it was a lost cause to reply again.

Howard may know the completed dates for '66 cars, it's not in the registry.  That detail is in the '65 registry and there were 2 more days of production and 7 cars completed after the last '65 s/n, 5S562.  I doubt there was any effort to complete cars in order during the '66 run.
Charles Turner
SAAC Concours National Head Judge

shelbymann1970

Charles I wanted to post the following comment but didn't.  " has anyone watched Graveyard carz? Have you seen before and after pics of cars after they were dipped?"

with that said It's amazing how much metal is gone after getting rid of all the rust. I've seen cars that looked a lot better come out as Swiss cheese after dipping. I suspect this car will be also. The frame under the front floor on one side it appears the hole where the car was mounted to the jig appears to be rusted out on one side so it is no longer a round hole. I remember reading where  a well known restorer judge did a car and it was considered probably the best restored one of it's kind. The key was he started with an excellent car. The worse the car is the bigger challenge getting it to a top dollar SAAC div1 or II car when rust is involved.
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)
"2nd" owner of 68 GT500 #1626

Mikelj5S230

The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.
Formerly known as CorvetteMike.

OldFordGuy

I haven't looked closely at the pictures so this car might not be a perfect example but if you had a car like this and the original frame was unrestorable what do you do? Is it still the same car on a different frame? Does it make it worth a lot less?
1963 Galaxie 427 R code
1965 Mercury Park Lane Super Marauder convertible
Coming soon: OldFordStuff.com

6s1640

Quote from: OldFordGuy on February 17, 2024, 01:40:30 AM
I haven't looked closely at the pictures so this car might not be a perfect example but if you had a car like this and the original frame was unrestorable what do you do? Is it still the same car on a different frame? Does it make it worth a lot less?

If the car is re-bodied, yes "It is worth a lot less."  A re-body is slight better than a clone and a long ways from an original car.  I expect this car is very restorable.  But I wonder why it has not been touched in the last ten years.  Is there something else going on?

Cory

shelbymann1970

Quote from: MikeljGT500HE on February 16, 2024, 04:24:58 PM
The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.
When an auction is a reserve auction I don't think much of the bid price unless a car sells. It would surprise me if BaT let a car like this have a reserve above 166K but if they pushed it as a "survivor" and "last one made" who knows unless the auction ends at 166K sold. 101K to 166K isn't normal unless we are talking about a nice 65 Shelby, Boss 429, etc. Look, I've been asked to bid on reserve cars before....
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)
"2nd" owner of 68 GT500 #1626

shelbymann1970

interesting that a non carryover project with 3 days left is at 170K but a 67 Gt500 in legacy colors , stunning and with a 20K+ extra engine on a stand with HM doing all the engine work is only at 175K with a few hours left ?
Shelby owner since 1984
SAAC member since 1990
1970 GT350 4 speed(owned since 1985).
  MCA gold 2003(not anymore)
1969 Mach1 428SCJ 4 speed R-code (owned since 2013)
"2nd" owner of 68 GT500 #1626

Mikelj5S230

Quote from: shelbymann1970 on February 17, 2024, 05:05:26 AM
Quote from: MikeljGT500HE on February 16, 2024, 04:24:58 PM
The current price of that car is amazing to me, as mentioned it is above 29 of the 40 '66 GT350s sold on BaT and is heading north.  Considering the condition and originality of the car, that boggles my mind.
When an auction is a reserve auction I don't think much of the bid price unless a car sells. It would surprise me if BaT let a car like this have a reserve above 166K but if they pushed it as a "survivor" and "last one made" who knows unless the auction ends at 166K sold. 101K to 166K isn't normal unless we are talking about a nice 65 Shelby, Boss 429, etc. Look, I've been asked to bid on reserve cars before....

Ah, the old Mecum chandelier bids trick..... 8)
Formerly known as CorvetteMike.