Buy the last 1965 Shelby Cobra 289 made available to the public
One of the 1960's most iconic cars, this example of the Shelby Cobra is amongst the most valuable money can buy
The legend of the Shelby Cobra will never end, but the original production run did. Mecum Auctions is selling CSX2588, the last ever 289 Cobra to be sold to the public and the second-to-last to be built in Los Angeles, with the very last model kept by Carroll Shelby's family.
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CSX2588 has its original four-speed gearbox, as well as its factory chassis, roadster body and 289ci V8 engine with aluminium intake and Holley 715 CFM ‘LeMans’ carburettor. It was one of 56 to be finished in Rouge Iris, a colour it was repainted in by professionals in 2006.
The first small-block Cobras was CSX2000, which stayed with the Shelbys for decades until being sold in August 2016 for $13.75 million. The last Cobra, CSX2589, looks unlikely to ever leave the Shelbys’ ownership, meaning CSX2588 will likely remain the last of the famous Cobra cars to be sold to the public.
Shelby delivered the car to Vel’s Ford Sales in California in 1965, and its first buyer was A.L. Gassaway of nearby Long Beach. Gassaway bought the car with the ‘Class A’ option package, as well as additional luxuries such as side curtains, a top frame and a new tonneau cover.
It wasn’t until 1993 that it left California, when it was sold in a Las Begas auction. 13 years later it was sold again, and underwent restoration and a new paint job matched the original, and it had one more owner before joining Mecum.
The car has an estimate of $1,200,000 - $1,400,000 (£960,000 - £1,120,000, €1,060,000 - €1,240,000), which has been bolstered by its healthy documentation in the SAAC’s Cobra World Registry, and its competition history having participated in Tom Cotter’s Cobra 1000 Rally in 2010.
This is likely one of the most valuable Cobras that money can buy, so check the size of your wallet in time for the Kissimmee sale on January 3-13 next year.
Classic Cars for Sale
PROVENANCE Paul Wood, Birmingham, Alabama (acquired new via Foreign Car Center in 1964) Pat Colletti, Tucson, Arizona (acquired circa 1973) Current Owner (acquired from the above through Marc Hefte in 1976) RACE HIGHLIGHTS SCCA Regional, Louisiana, 1965, Wood, No. 4 (2nd Overall, 1st in A Production) SCCA National, Alabama, 1966, Wood, No. 72 (6th Overall, 2nd in A Production) SCCA Regional, Comm