How much is a 1967 Shelby GT worth?
Prices for a 1967 Shelby GT vary widely, but for a solid, well-documented example you can expect figures from the low six-figures up to seven figures for exceptional, provenance-rich examples. Market values depend on model, condition, originality, and documented history.
What determines value
Several factors drive the price of a 1967 Shelby GT, from the specific model and engine to the quality of restoration and the car’s documented history. Collectors place the highest premium on originality, matching numbers, and verifiable provenance, especially if the car has racing history or a notable ownership lineage.
- Model and engine variant: The 1967 Shelby GT line includes the GT350 (often with a 289 HiPo V8) and the GT500 (powered by a larger Ford FE engine such as the 428 Cobra Jet). The GT500 generally carries a higher baseline value, with GT350s often commanding strong prices in their own right, especially if highly original or well-restored.
- Matching numbers and documentation: Cars with their original engine, transmission, and drivetrain, plus factory build sheets, correct data plates, and title history, are priced higher than heavily modified or non-matching examples.
- Condition and originality: Driver-grade cars command less than unrestored or concours-grade examples. The more complete and well-preserved a car is—interior, body panels, chrome, trim—the higher the value potential.
- Provenance and history: Rarity increases value. Raced cars, cars with documented history (owners, races, or notable events), and unique color/option combinations can fetch a premium.
- Options and authenticity: Rare factory options, correct colors, and a clean, verifiable paperwork trail add value. Non-original color changes or non-factory components can detract from value unless expertly justified or iterated as period-correct.
- Market timing and demand: The collector-car market experiences fluctuations; global interest, auction results, and museum-quality specimens can push prices higher during favorable cycles.
- Restoration quality: High-quality restorations that stay faithful to period specs and utilize correct components tend to be rewarded by buyers with a willingness to pay a premium.
In evaluating a 1967 Shelby GT, prospective buyers and sellers should weigh these factors against the car’s current condition, the availability of documentation, and the market’s recent interest in Shelby Mustangs from this era.
Current market snapshot
Below are rough, guide-range ideas based on recent auction results, price guides, and dealership activity. Actual prices vary by car and market conditions, so consult up-to-date sources before buying or selling.
- GT350 (1967): driver-quality examples often fall in the low-to-mid six figures, while highly original or expertly restored concours-grade cars typically command six figures approaching seven figures.
- GT500 (1967): driver-quality cars commonly range in the mid six figures, with well-preserved, matching-numbers examples and show-stoppers frequently reaching into seven figures at major auctions or private sales.
- Exceptional provenance or race history: cars with documented race credentials, rare colors, or famous ownership can push prices toward the upper end of seven figures or higher.
For the most accurate numbers, reference current price guides from Hagerty, as well as recent Mecum, Barrett-Jackson, and RM Sotheby’s auction results. These sources reflect real-world transactions and ongoing market sentiment for 1967 Shelby Mustang variants.
Summary
In short, a 1967 Shelby GT’s value hinges on model (GT350 vs GT500), originality and documentation, restoration quality, and provenance. Expect a broad spectrum—from a solid driver in the low six figures to seven-figure figures for highly original, well-documented, or historically significant cars. Always verify with up-to-date price guides and consult a trusted appraiser or Shelby specialist to gauge current market value and investment potential.
