Author Topic: Carroll Shelby's personal Cobra 427 sells for whopping price  (Read 292 times)

Old Crock

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Carroll Shelby's personal Cobra 427 sold last Friday at the Mecum Auction, Kissimmee for a whopping $5.94 million (£4.34 million). Here's a video of the sale:

https://www.motorauthority.com/news/1130693_carroll-shelby-s-1965-shelby-427-cobra-fetches-5-94m-at-mecum-auction


SunDude

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Re: Carroll Shelby's personal Cobra 427 sells for whopping price
« Reply #1 on: January 20, 2021, 21:11:30 »
With all the internet buzz surrounding this weekend's sale of Carroll Shelby's personal 427 street Cobra, I thought it might be fun to look at the Top 5 Highest-Priced Cobras ever sold at auction. Hope you enjoy the brief slide show.








Jam2

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Re: Carroll Shelby's personal Cobra 427 sells for whopping price
« Reply #2 on: January 21, 2021, 08:53:31 »
CSX3015  A lesson to anyone thinking that it's easy to make money on these cars, bought for $5million in Jan 07 sold for $4.65million eight years later.  Were the prices inc. buyers premium and presumably the sale incurred commission, so the real loss was probably nearer $1million.
However it's all relative to someones wealth!

SunDude

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Re: Carroll Shelby's personal Cobra 427 sells for whopping price
« Reply #3 on: January 21, 2021, 19:04:11 »
The prices quoted above are hammer prices and don't include the buyer's premiums which tend to add 10% or so.

CSX3015  A lesson to anyone thinking that it's easy to make money on these cars, bought for $5million in Jan 07 sold for $4.65million eight years later.  Were the prices inc. buyers premium and presumably the sale incurred commission, so the real loss was probably nearer $1million.
However it's all relative to someones wealth!