1967 Shelby GT500 Barn Find and Appraisal That Buyer Uses To Pay Widow - Price RevealedFeb 27, 2020
so I had a friend who was kind of a car collector and he called me, he says, hey, I think I found a Shelby. I just got a call from the gentleman in Iowa who wanted someone to verify a Shelby authenticator that he had found in a bar. at the Shelby's Oh Park level, as we don't know when the tires looked original, as does the paint. Shelby, which I think is the same here, we need to probably have someone a little crazy away and value it and then go. I would be interested in the car for my personal collection and I know the fairest way to do the deal is to have Jeff for someone like Jeff calm and abrasive tough I know he is going to pay or how much the cars are worth today and here to appraise the car stands Jeff standing vich one of the most respected Shelby restores and now that we have the car on the air Jeff restores Shelby's and Mustangs at his business RNA Motorsp orts and Lee's Summit Missouri but I want to show you his home garage amazing place hey here it is a guy with a passion for Shelby's and Mustangs, 69 Mach 1, Super Cobra jet drag pack, 4 speed car, are you kidding us, we have a car that glows inside 66 coupe 66 Shelby Hertz that was mine is a white and gold car he's not black jeff even when an old bar department had his panels this is crazy you think he watches a lot of reruns on tv so you're going to call we went to the door is bolted shut so they have to get a gun from all screws here and unscrewing the door just to open the door we couldn't wait that long to take a look inside it looks like there are animal tracks in here yes it's been sitting a long time aftermarket a/c unit didn't know what to do with the gauges that were hanging under the dash that mount like this under the center of the dash so they hung them on the column and that hurt the shifter the seats will be cleaned and they say they all look original weeds from Factory Comfort Here it is on a rocky road in the middle of nowhere in Iowa in a
barnon those days ready to drop with ten or twelve other vehicles you're doing.
I'm going to grab these keys. One of those vehicles was this 1965 Falcon Sprint convertible. 1971 Roadrunner is a car the
widow's husband drove when they got married in 1976 he didn't drive this trophy much and he parked it in 1980 it's a Mercury Montego in front of the Falcons here somewhere yes sir that's delinquent let's take a walk one look at the front of that mercury looks like the stripes are still intact on that 71 Roadrunner that's a friendly cat right there and wait im getting all dusty here is the end front of that mercury and shine the flashlight here yeah me I can see the dub you know but that's it let's get back to safety here and get back to Shelby.
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1967 shelby gt500 barn find and appraisal that buyer uses to pay widow price revealed...
It could be an early 1990s Chrysler Imperial. Maybe what were they opening the door for? Yeah, we're trying to do a lot of walking things from the outside. that he pushed and bob's son had already moved that old wooden ladder and then the placement of this old engine and transmission attached was more theft prevention okay and he dragged it along in the process surprises a section of premium farmland Iowa her husband I bought the car in 1973, stored it here circa 1980, yes sir, it's hard to beat a Shelby in a
barn, especially a dusty '67 with those awesome red Mercury Cougar taillights, and then that money is eclipsed by far for this cat, this defiant cat.
That we started calling Shelby Shelby challenged us a bit when we paired up the driver side rear tire and all glass demons are awesome. I tell you, Shelby the cat was starting to impress me. when we air out that right rear tire, man, I don't hang my calves and scare us, you know, go up there posing for pictures and something like this is my Shelby, it's not yours, okay, so the brakes froze, the tires didn't they will roll outside. e and in the light we can finally see the car, but what the typical enthusiast sees and what a Shelby restorer sees are two different things, which is why Bob called Jeff, that was smart.
I have written hundreds of articles on Shelby, but I would never write. a big check for a car like this on my own yurga knows every nut and bolt on these cars has had them all in his hands has done paint and bodywork for 40 years excited so once they write that check there is a massive sobering effect on me happened more than once I wrote a six figure check for three cars I knew very little about I was so excited but boy right on that check he let me know everything Suddenly I came to earth astronaut so get your expert advice before Write the check and use a restorer on a shed
findand I'll tell you right now this car hides a big surprise and without Yurevich probably none of us would have been anything. faster me.
I mean, I can't really speak for Bob, but as we show him the car, he might be able to guess what it is. Tow the wheel of the car to the workshop. Spray wash it and put it on a lift, but while the car is out here in the light. Jeff can start with this assessment ok jeff take away the rear valance has been worked and painted it has a little bit of damage showing it is the taillight panel and behind the bumper as best we can say that The bumpers have a chrome replacement tag. Which tells us the bumpers have been re-chromed or replaced, has a pretty good scratch on the fourth here that has been touched up, so it's had a bit of a paint job done on it.
Here's some rust showing here on the bottom of the quarter panel. just from sitting in the barn with that close to the ground the wheels i'm looking at are vintage wheels they are from the period probably fitted if its a car with hub caps they were probably fitted by the dealer at the time lug nuts are center caps on the right are correct the tires are old probably 72 72 from what I can tell so you have a set of tires that wouldn't be unusual with the mileage the rest of what I see in the room the door the stripes appear to be all original. paint on the fender still appears to be the original paint with the original stripe on it the emblems are typically plastic and this is a plastic emblem doesn't look like it has ever been off the car has a misfit fender that makes me feel like there has been some paint work on the front that i can see it looks like it was seen on the fender the rest of these original fenders the nose piece had some work on it its pretty obvious this has been painted on at least this side there is some overspray throughout it has straight head hardware bolts and many of the things that a phillips head bolt should have these headlights have been replaced not typical of what would have come on the car just like the headlights halogens the e the xtra emblem that is in the middle of the grill is from a Shelby 68 it is all it is an emblem on the dashboard this emblem is missing we found it on the keyboard of the key fob these are not original if you look very carefully you can see where the original rivets are underneath they were added pretty typical of the 60's when people would go under the hood and take the air cleaner on the carbs every 67
gt500came with a 428 police interceptor with four dual carburetors the tag has the Z stamped for the outboard headlights this is what the inboard lights look like if this car had an outboard is it the original boot for the power brake booster valve is it still there thats part of the line of assembly the brake booster was never replaced it still has the original foil tag on it so I'm going to assume it hasn't come off the paper tag is still on top ie you know the hood hinges are original from my observation these shocks would be original assembly line shocks that are still on the car and of course we know the a/c mentioned was probably added about the Montgomery Ward Sears something of that nature doesn't seem like any of it is a Ford type item the fact that the radiator is an original radiator this is the correct label for it that's the correct number for it even the radiator cap is still the original auto light radiator cap, this car had not received the later recall they did where the PCV system up to the air filter was later upgraded at dealerships to where it actually fell on the intake manifold Admission Bob, can you talk a little more about transparency with Jeff's
Sure, I mean we talked a bit or in my office, but I thought the fair
widowwould be for Jeff to give a full
appraisalof the car as is and then that's the sale price of the car, that's what I'll pay him. To the widow those details that Jeff talked about may sound trivial but with a collector car see that's what you get paid and if you don't have those parts you have to go out and get it how much do you think a trout cost fan for this car? plus for the fan shroud it's not broken it's not cracked i've seen it anywhere what if this car didn't have its original trunk map how much would it be?
I'll give you four grand cash for this truck five small this dusty old
gt500five fast like this you know what I'd say Hey Hey You pull over wait wait till they got a gas station oh wait those gone I saved some of the Pretty good 40 year old powder before we wash the car there's a 1974 freeway in the weight room I don't know if it's an $80,000 car $60,000 $550,000 bird Jeff drags it with me so we can see everything and then you know they can wash together Documenting everything I think adds some credibility to the car a and we'll see what the person responds.
I have butterflies in my stomach trying to figure out what's going to be worse so I have to pay someone some money for that car yeah some real money and then us. I have to figure out what we're going to do to the car so you know I really like keeping it survivor. I think it's the only original one time, but I'm also the type of person who wants to drive the car. I think it needs a mechanical restoration, so what's the first thing we wanted to do? Does this car still have its original engine? The motor is going to be stock, you can see where it's all welded on, but it has a piece of angle iron welded on the bottom.
Ford didn't stamp serial numbers on all 428 blocks of these cars, so what is Jeff looking for that he found? something because you're calling Bob to look at the screw in freeze plugs for 28 see the big head right there which is a screw in freeze plug it takes a little more than a regular size allen key to get them in and done . Block so you know it's definitely a 427 block when it was installed Who knows well Shelby's record has an ownership history for this specific GT500 that he brought in from Kansas City in the dead of morning. it was documented that way yeah so the owner knew everything he just wasn't allowed to tell us the top end might still be the original 428 which is exactly what jeff thought he would
findi mean 428 head will fit on the 427 and why would anyone trade in those dual quads and that oval Cobra air cleaner but boy is the air cleaner assembly a reproduction?
Notice how the underside is smooth. the dual four holley carbs were stock for the 428 as well, same for that dual point distributor you know, the auto light condenser on it, so all right, got the right distributor, took $2,000 off to get one out of these originals jeff pulled out a valve cover to check one of the heads is a c7 ae so we know it's cast 67 we found a date code that's right here 7d was that two one two one two april nineteen a pronoun swen these removed heads should line up with the production date of the car yes so they are the correct heads for the 428 that came on the car correct they probably just changed this short block the engine was changed but the transmission could still be the original transmission, funny thing because he stamped the serial number on the transmission and right there the little pad that jeff wiped off were those numbers so we had a match all appears to be original in training except the shifters were replaced with a Hurst shifter there should be a ru G like rug gs1 it has the correct big block transmission on it the stock boot for the stock shifter it's still in the flat the driveshaft looks original for the reason i can tell you it's because of the square weights that are there usually that's how it's done back in the day there's some lettering on there and it will say SPE see if I'm not mistaken that's what they call a spec we're on yeah and that's the right rear for the car this tag is going to be actually galvanized so you want to wipe it down carefully to try to keep the galvanization on the tag so that the rear ends arecorrect the rear end has come off and the reason I know is because the gaskets that hang over the factory gaskets didn't stick out over the exhaust tips are original the pipe here note it's not rusty and neither is this side and thats because they are aluminized you can tell how the exhaust is completely rotten but the resonator tubes are perfect because they are aluminized from where they were aluminized the factory has the three humps we call the three humps and one hump two three thats so i had the original exhaust before it rotted away that's what's left of a muffler the exhaust manifolds are gone and someone replaced it with headers what's left of them there's a little bit of surface rust that's down here because it's sitting on the floor.
You know that nothing has been touched or repaired. car and protect it you can see the original red rust primer under the undercoat coming off here so that helped preserve the bottom of the car especially where it was sitting this is pretty typical where water comes back up and it rots in these corners here and a little bit of the outer wheelhouse of the wheel and a little bit of the quarters rotted this is an old school style draw bar someone has made and put in there thes shouldn't be here one of the one of a kind Shelby items it's what they call the spring pad recoil bumpers it keeps the spring from going all the way up this all appears to be original paint these are galvanized rocker panels it does show a little corrosion from it tastes sitting on the floor for so many years, this is the original paint, the original scratch, the original scratch, the original paint, the original scratch, but here, from this area to the scratch, all the di steering is stock except this bracket here and that's a bracket that used to lower the steering damper for the headers that's why the brackets here probably indicate where it had some damage here at one point if you look at the splash guard how it's been all here you can see where the nose piece was fixed on this side it's got a fiberglass patch right there it's starting to come off look at this original inner layer of the fenders oh man it's got the fan on it Clutch which is original has the correct part number on the fan blade is correct so whoever did a motor swap on this thing put everything back on it so what's the appraisal?
What will Bob pay for this Shelby? drive the car have fun would you put 427 heads on it maybe the aftermarket exhausts and give it a little more power where you put it back 428 I took that 428 right you answered my question I think you got the right heads I would go get a pea lock and I try to cut the date as close as possible because they don't have a serial number so it won't have an effect on it at least you can tell it's the right point you know when we get back to the Shelby record and time to put it The right engine, yeah, it's the coolest car I've ever come across, period, I want it in my personal collection.
I've always liked these cars so if I have to spend 40 60 70 grand I'm going to make a fun driver that's a survivor car that's what I think I want to do I think you know with the ion condition and now we know the engine and stuff I think the retail on this car is 70 that's what I think as is as is that's retail wholesale wholesale you would want a 660 if you're hosting outlet 60 retail to 70 i think i could tell him hey i'll give you 65 because we all had the betts today than this was going to come out on your number my number was exactly the same i think its going to be too far and it fits like i was made for that ok making noise in your bedroom room my goal would be to try to make this a drivable survivor car and look at the logo on the standard gas cap that's there e60 15 poly glass GTS I'm not a kind of big car that sits and pulls e the car and never drives it's a great car once in a lifetime deal for sure overall it seems to be very original it has had some typical 60's modifications done to it but overall it appears to be a really original car with some odds and ends up not being done I can get the feeling that we were taking she'll be away from Shelby
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