Rare Shelby Mustang GT500 in Mint Condition Found

by Christopher Freeburn | March 26, 2014 9:36 am

Rare Shelby Mustang GT500 in Mint Condition Found

When a Pennsylvania man died last year, auctioneers retained to sell his possessions discovered a real treasure sitting in his garage[1] — an 1969 Ford (F[2]) Shelby Mustang GT500.

shelby mustang 1969 300x225 Rare Shelby Mustang GT500 in Mint Condition Found[3]
Source: Yahoo![4]

According to paperwork unearthed by the auction house, the Shelby Mustang GT500 was purchased in May 1969 by the deceased man, who was the classic car’s only owner. In 1973, the Shelby Mustang was put in the garage where it apparently remained un-driven, though well-maintained, for four decades, Yahoo News notes.

The owner of the Shelby Mustang had put just 8,531 miles on the muscle car when it was placed into storage. He was said to have never washed the car or driven it in the rain, fearing the possibility of rust or damage to the paint job.

The Shelby Mustang GT500 is now headed to auction on Apr. 25. It reportedly includes the original steering wheel cover, belts, hoses and paint. It could sell for more than $100,000.

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Endnotes:
  1. a real treasure sitting in his garage: http://autos.yahoo.com/blogs/motoramic/rare-mustang-heads-to-auction-after-decades-spent-gathering-dust--only-8-000-miles-150351958.html
  2. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  3. [Image]: http://investorplace.com/wp-content/uploads/2014/03/shelby-mustang-1969.png
  4. Yahoo!: http://autos.yahoo.com/blogs/motoramic/rare-mustang-heads-to-auction-after-decades-spent-gathering-dust--only-8-000-miles-150351958.html
  5. General Motors Has Award-Winning Day at 2014 Detroit Auto Show: http://investorplace.com/2014/01/general-motors-detroit-auto-show/#.UzLW4dxhOf0
  6. ZR1 Blue Devil Corvette Rescued from Sinkhole: http://investorplace.com/2014/03/zr1-blue-devil-corvette-rescued-sinkhole/#.UzLXLtxhOf0
  7. Chicago Auto Show 2014: 5 Cool Cars Getting Buzz: http://investorplace.com/2014/03/zr1-blue-devil-corvette-rescued-sinkhole/#.UzLXLtxhOf0

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