A new record was set for a Mustang selling at auction during Mecum’s 26th Original Spring Classic, May 14-19, 2013, at the Indiana State Fairgrounds. Six days and 75 hours of auction action took a total of 2,350 lots cross the block—including Road Art and racing memorabilia from the “Grumpy” Jenkins estate—with total sales for the event reaching $49.2 million. Of the 1,706 vehicles offered, 1,142 went to new homes, achieving a 67 percent sell-through rate for the weeklong event.
Top sale honors went to the legendary, one-of-one Shelby Mustang supercar, the 1967 Shelby GT500 Super Snake, with a record-setting hammer price of $1.3 million. The most powerful Shelby GT500 ever produced can now add “most valuable Mustang” to its long list of accolades.
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