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Auction Coverage Overflow: Worldwide Auctioneers 2018 Scottsdale sale

Published in blog.hemmings.com

1967 Shelby G.T. 350; image by the author.

When covering auctions for our print publications, a simple rule of thumb–that we do our best to adhere to–is to review a few extra vehicular lots. It’s good practice, since one never knows if a lot is going to be withdrawn at the last minute, or–worse–we forgot to snag a photo of the car we just examined, only to discover that error when we return to the office. Which means that by the time our more detailed coverage is readied for print, we end up with a few on the proverbial cutting-room floor. It doesn’t mean they are any less interesting, we simply ran out of space, so we’ll present a few of them here.

Regular readers of our Hemmings Muscle Machines magazine can tell you that continuing coverage from the Scottsdale sales extravaganza back in January has been ongoing. Print cycles and the current magazine structure make some of the coverage “old news,” but only in headlines; the details behind the vehicular lots are no-less-interesting. So let’s take a minute and catch up a bit with a pair offered by Worldwide Auctioneers. based in Auburn, Indiana, their sale was held on the grounds of the old Scottsdale Auto Park on the evening of January 17, where 81 lots were offered to registered bidders, including the car pictured above: a 1967 Shelby G.T. 350. According to the consignor, as stated in the catalog:

Documented in the Shelby American World Registry, this 1967 Shelby G.T.350 carries the “Z” VIN prefix, denoting it was factory-equipped with outboard driving lamps and without side marker lamps lights on the upper-rear air scoops. factory-finished in Brittany Blue and equipped with power disc brakes, power steering, a tinted windshield, and Selectaire air conditioning, this G.T. 350 is one of just eight built that left Shelby American’s facilities with its combination of colors and options, and one of seven considering it was not equipped with a thermactor-type exhaust system.

Worldwide’s catalog went on to outline where it was originally sold, and to who, and then casually mention its undated restoration. The Shelby’s owner(s) were keen on maintaining its presentation since then. Demerits were few and minor, relegated to some exterior trim that could benefit from careful buffing, along with some soft polish swirls on the paint surface. Ultimately, we gave this four-speed G.T. 350 (one of 1,174 collectively built during the year, in addition to the 2,048 G.T. 500s) a condition two rating, which equates to a value of roughly $164,000; just north of Worldwide’s high presale estimate of $150,000. When the gavel fell, it sold to a new owner for $143,000.

 

1969 Shelby G.T. 350 convertible; image by the author.

It’s not that we have a preference for Ford-based performance cars – we appreciate high-powered steed from all parties involved with the market segment – it just so happened that Worldwide had assembled seven muscle cars brimming with Blue Oval mechanical DNA. Suffice it to say, this 1969 Shelby G.T. 350 was one of four from the Texan’s automotive laboratory found on the auction grounds, and we couldn’t pass by without taking a look. It’s place in Shelby American history aside, excerpts from the catalog stated,

This G.T. 350 is one of the rarest Shelby convertibles ever as one of only 194 produced in 1969. it was ordered from the factory in arguably the best color combination of Candy Apple Red with a white deluxe interior and matching white top … it was equipped with a rather long list of factory options to include power steering, power brakes, and power top. It was ordered with the optional automatic FMX Cruise-O-Matic transmission and the “highway-friendly” 3.00 rear axle ratio and the very rare and desirable optional factory air conditioning. The car retains its factory-installed drivetrain including its original, numbers-matching engine … the car has been fitted with a Holley carburetor mounted on an aftermarket Edelbrock intake for added performance, but the original Autolite 470-cfm carburetor and aluminum intake are still with the car and ready for installation.

That engine, incidentally, was Ford’s 351 Windsor that, in stock four-barrel trim, made 290 hp. Touting a presale estimate of $130,000-$150,000, the catalog mentioned that some refurbishment would had been performed, but not a complete restoration. taking that into consideration during our tour of the convertible, we spotted a thick layer of orange peel paint on the spoiler and tail panel, questionable chrome on the front bumper, usage wear on the (admittedly original and therefore understandable) door panels, and a top boot that really needed to be hit with a high-quality cleaner. We gave it a condition #2- rating, considering that at least half the nits we jotted could be corrected with time and effort, which in terms of value puts the G.T. 350 near the $130,000 mark. At the sale, bidding stalled at $110,000, which failed to burst past the seller’s reserve.

Though this Shelby didn’t sell, collectively Worldwide was able to sell 52 lots for a combined total of $6,255,800, which works out to an average of $120,304 per car.