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The Very First Shelby Cobra Just Sold For A Staggering Record $13.75 Million
jalopnik.com ^ | Patrick George

Posted on 08/21/2016 8:37:35 AM PDT by BenLurkin

The Monterey Car Week auctions are where the beautiful members of the landed gentry go to blow obscene amounts of money on cars, and at yesterday’s RM Sotheby’s auction, one of them took Cobramania to new heights. This 1962 Shelby 260 Cobra known as the CSX 2000 just commanded $13.75 million at auction.

...

RM Sotheby’s has a ton of detailed information on this legendary car, but it is notable for being the very first Shelby Cobra. It arrived in the U.S. without a motor in February 1962, and Carroll Shelby and his partner Dean Moon then threw in a 260 cubic inch V8 and a Ford four-speed gearbox.

Here’s what Moon had to say at the time:

“We got drunk and drove it around—an impromptu road course we had set up between the oil derricks. When it didn’t break, even after all that rough treatment, well, then we knew we had a good car.”

Classic. After building the CSX 2000 on “a shoestring,” Shelby was able to get capital from Ford itself to build the first group of Cobras.

(Excerpt) Read more at jalopnik.com ...


TOPICS: Travel
KEYWORDS: automakers; cars; classiccars; cobra; millionaires; shelby; shelbycobra
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To: bgill

No fool has that kind of money


21 posted on 08/21/2016 9:32:10 AM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Puppage

Lol


22 posted on 08/21/2016 9:32:55 AM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: HANG THE EXPENSE

excuse me, chick here.


23 posted on 08/21/2016 9:33:17 AM PDT by Mercat
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To: BenLurkin

If anyone ever has an opportunity to drive one of these you will never forget it it’s the most outrageous thing I’ve ever driven


24 posted on 08/21/2016 9:34:06 AM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Mears

It is an investment not just a car.


25 posted on 08/21/2016 9:36:33 AM PDT by bankwalker (Does a fish know that it's wet?)
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To: BenLurkin
Here is the car after the new owner took it for a spin......

Blnk
26 posted on 08/21/2016 9:40:27 AM PDT by minnesota_bound
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To: bgill

A fool and his money.

...

It’s a store of wealth, and sometimes a tax dodge, for the very rich. It’s more fun than buying hideously ugly art work.


27 posted on 08/21/2016 9:40:48 AM PDT by Moonman62 (Make America Great Again!)
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To: Mears
I believe people should spend their own money any way they want to-——but this,to me,is insanity.

The people who buy cars at this lofty price point are investors more than enthusiasts and collectors. Well, most of them... who knows, Jerry Seinfeld might actually go and drive the McQueen Porsche 917.

I know what you mean, though - and lots of people who own Cobra replicas obviously agree.

28 posted on 08/21/2016 9:40:58 AM PDT by Charles Martel (Endeavor to persevere...)
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To: minnesota_bound

Nice try. But that is a fiberglass replica.


29 posted on 08/21/2016 9:45:28 AM PDT by shotgun
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To: sheana

There is nothing like starting a car and it makes your...gonads..shake.


30 posted on 08/21/2016 9:49:46 AM PDT by Safetgiver (Islam makes barbarism look genteel.)
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To: shotgun

Surely, you were trying to see if we were paying attention! Absolutely a replica. But, they are not bad in their own right.

Oldplayer


31 posted on 08/21/2016 10:07:32 AM PDT by oldplayer
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To: bgill

” A fool and his money”

This vehicle will only increase in value. It will more than likely out perform any 401K or IRA. The collector car market is actually a very good place to store wealth. Better than gambling in the stock market.

For instance an early 80’s a Porches 911 could be had a few years ago for around 10 grand. If you bought one and kept it, it is now worth close to 6 figures.


32 posted on 08/21/2016 10:08:02 AM PDT by PJammers (Quis custodiet ipsos custodes?)
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To: bigbob

And, it’s only money.


Precisely. It’s not about the value of the car. It’s about the value of the money. And when you are worth billions, 13 mil is nothing, if you want the item.


33 posted on 08/21/2016 10:08:45 AM PDT by Mr. Douglas (Today is your life. What are you going to do with it?)
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To: BenLurkin

AC Cars is still in business, and makes the AC MkVI in Germany with a Corvette engine. Apparently not avaialble in the USA.

34 posted on 08/21/2016 10:09:40 AM PDT by jjotto ("Ya could look it up!")
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To: Mears

It may also be partially an attempt to buy something of “value” instead of holding dollars. It would be low on my list too.


35 posted on 08/21/2016 10:13:13 AM PDT by zek157
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To: dainbramaged
I would rather have my Miata.

Maybe you should lie down for a while :^)


Nah... I also have a Miata and bet it has a more “Fun per Dollar” rating than that Cobra...:^)

36 posted on 08/21/2016 10:22:55 AM PDT by az_gila
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To: Mercat

Please turn in your car nut card before you leave.


37 posted on 08/21/2016 10:28:22 AM PDT by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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To: BenLurkin

You would think for that sum that the seller would have the seats re-upholstered prior to the sale.


38 posted on 08/21/2016 10:28:47 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: minnesota_bound

Not a problem. As long as you have the undamaged VIN plate, you can rebuild it from scratch and it is still Cobra #0001.

How cool is that?


39 posted on 08/21/2016 10:29:30 AM PDT by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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To: az_gila

And I, also have a Miata - in BRG! My granddaughters love it!


40 posted on 08/21/2016 10:31:24 AM PDT by Ace's Dad (Happiness is command of a battery of ballistic missile interceptors! DTOM)
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