All Original, One owner 1969 Shelby GT500 uncovered w/ 8,531 miles

dirtyd88

Much Wow!
Established Member
Joined
Mar 31, 2009
Messages
8,564
Location
Fort Worth, TX
Article:
Rare Shelby Mustang unearthed after 40 years spent gathering dust, only 8,500 miles

Slideshow:
Slideshow: Rare Shelby Mustang unearthed after 40 years spent gathering dust, only 8,500 miles

"It's not uncommon for rare vehicles to surface in a barn or rundown garage, encrusted in decades of dust, itching to be sold for a handsome profit. What is rare, however, is to find a one-owner, 1969 Shelby Mustang GT500 — one of only about 1,000 ever made — resurface in its original condition, fastidiously maintained and never washed for fear of damaging the paint, with only 8,500 miles on the clock.
Larry Brown, a resident of Centre Hall, Pa., passed away on his birthday during the latter part of last year, leaving behind a trove of fascinating items. With no wife or children to inherit his estate, the entire collection — his house, TVs, snow blowers, motorbikes and of course cars — are heading to auction, with the Mustang the star attraction.

Brown purchased the car on May 9, 1969, for $5,245.97. The last recorded warranty work occurred in September that year, when Brown had the door glass adjusted. At that time, the registered mileage was 1,665. By 1973, Brown had stopped driving the car altogether, storing it in his garage with just 8,531 miles on the clock.

According to the auction listing at Ron Gilligan Auctioneers, the GT500, that features a 428 Cobra Jet engine meshed to a 4-speed transmission, still maintains its original paint, tires, belts, hoses, factory steering wheel cover and 1968-dated coded spark plug wires. Vehicles with more miles, in far less original condition, have sold for over $100,000 — offering clues as to how much Brown's GT500 may fetch when it goes under the hammer on April 25.


Internet skeptics, however, have doubted the car's originality, analyzing the pictures for any evident discrepancies. It all started with the barely-worn Goodyear tires, appearing too new for 8,500 miles. This progressed when the keen-eyed pointed out that the tires were 8-digit Goodyear codes, made only during 1970 and '71 — making it impossible for them to be original on a car from 1969. Commenters also questioned the engine's mileage due to the "amount of oil blow by all over (the) front of (the) motor and on (the) valve cover."

This was challenged by Dane Hooper, an individual managing the estate, responding that the residue on the engine "looks like a thin film of undercoating or Cosmoline." This would make sense given Brown's obsession with keeping the car pristine (note the mud flaps to protect the quarter panels and fine wire mesh to keep debris from damaging the radiator). The coating may have been added to prevent corrosion prior to it being stored for 40 years.

After speaking with one of Brown's close friends and mechanic, Hooper clarified that the tires were indeed changed due to the original's inability to stay balanced for more than 500 miles. The front two tires were replaced under warranty with the rears being switched some time later. The production line wheels, however, remain original.

According to Hooper, the car was maintained by Brown even when he wasn't driving it — firing the motor as recently as three years ago. It was known throughout the neighborhood that, when Brown did drive his Shelby from 1969 to 1972, he refused to drive it in the rain or even hose wash it for fear of rust: "If this car has been hose washed," the listing states, "it probably occurred at the detail bay of the selling dealer before delivery."

A car as special as this deserves to be driven. But when the hammer falls next month, those set to benefit from the sale might be thrilled Brown kept it dry."

Whoever buys this car I hope restores it to a healthy clean car and enjoys her as she was meant to be.
 
Last edited:

nxhappy

Well-Known Member
Established Member
Joined
Dec 16, 2006
Messages
10,031
Location
AZ
what a shame no family or friends to inherit it ! Cool nonetheless. I hope someone makes it a beauty !
 

oldmodman

Well-Known Member
Established Member
Joined
Jun 27, 2003
Messages
16,543
Location
West Los Angeles
Amazing find. I hope that some reputable collector gets it and has a perfect, non destructive clean up done on it so it can be shown as a survivor car.

And let this poor guy's lack of forethought be a warning to all of us.
I'm sure you don't want Obama to seize all your possessions if you die.
So take the time to write a will, or even better a living trust. And make sure you pick at least two executors so in case the first one is dead too there will be someone to keep your stuff out of the Govmints greedy hands.

This is even important if you are married and even if you have children. Without proper planning a huge portion of your estate will be eaten up by taxes and attorneys. And don't forget to put in the "if you make trouble you don't get anything at all" clause in your estate. Courts have recognized this clause and it has been found to be legal. It is the best way to head off a greedy relative that will sue the estate to get a bigger share.
 

cj428mach

Well-Known Member
Established Member
Joined
Sep 21, 2012
Messages
7,609
Location
Kansas
Too bad he didn't choose a 69 Mach 428, Boss 302 or Boss 429 instead. The Boss 9's went for 5k+ back then and didn't look like poop like the Shelby's did.
 

99cobrablack

Non-premium'
Established Member
Joined
Jan 9, 2003
Messages
12,787
Location
In the meat patch
Too bad he didn't choose a 69 Mach 428, Boss 302 or Boss 429 instead. The Boss 9's went for 5k+ back then and didn't look like poop like the Shelby's did.

Probably the dumbest thing I've read on here in a while.. I'm glad to see it preserved, and not a 4 door 6 cyl fairlane sitting there instead.
 

snakedoctor

Well-Known Member
Established Member
Joined
Nov 9, 2004
Messages
2,224
Location
Where my shadow falls
It's sad that he didn't have any family that could've gotten the stuff. It makes me glad that I have a wife and kids. You can have all the toys in the world but having kids puts a bigger smile on my face.
 

cj428mach

Well-Known Member
Established Member
Joined
Sep 21, 2012
Messages
7,609
Location
Kansas
Probably the dumbest thing I've read on here in a while.. I'm glad to see it preserved, and not a 4 door 6 cyl fairlane sitting there instead.

What part? The part that he could of had the Boss 9 which would be worth 3 times as much now? or the fact that I comment on the styling of the 69 Shelby's that were so ugly that they couldn't sell them all and had to revin them for 1970 to try to get rid of them.
 
Last edited:

Mr.Bolt-on

Jimmy Rustler
Established Member
Joined
Dec 13, 2010
Messages
2,878
Location
Literally middle of nowhere
What part? The part that he could of had the Boss 9 which would be worth 3 times as much now? or the fact that I comment on the styling of the 69 Shelby's that were so ugly that they couldn't sell them all and had to revin them for 1970 to try to get rid of them.

The 1969-70 GT500 isn't ugly. It just doesn't look as good as a regular 1969 fastback mustang...not many cars do.
 
Last edited:

Ponyracer1

New Member
Established Member
Joined
Feb 2, 2010
Messages
816
Location
Marysville Ca
Wow, didn't wash it cause he was scared of hose water rusting it? Amazing find, think the owner had a little OCD before OCD was cool to have lol.
 

Lemmiwinks

Active Member
Established Member
Joined
Mar 24, 2012
Messages
981
Location
Sweden
The 1969-70 GT500 isn't ugly. It just doesn't look as good as a regular 1969 fastback mustang...not many cars do.

This ^^

'69 Mach 1 (and boss 429) are the best looking cars ever made, end of story.
And this spring I will have my own! :banana: (not a boss but an M code Mach 1)
 

Sapperstang

New Member
Established Member
Joined
May 9, 2004
Messages
5,615
Location
NA
Why is the car absolutely filthy if it was supposedly maintained so well? I'm assuming the man hasn't been gone all that long. It is also filled with garbage and the garage is very messy too. Maybe he had an illness or something and wasn't able to keep the car clean for awhile.
 

SweetSVT99

Super Moderator
Super Moderator
Joined
Dec 31, 1969
Messages
3,585
Location
Quad Cities
This would make sense given Brown's obsession with keeping the car pristine

That car, and surrounding garage, does not show evidence of an individual who is obsessed with keeping ANYTHING clean.
 

CobraBob

Authorized Vendor
Established Member
Premium Member
Single Barrel Sirs
Joined
Nov 17, 2002
Messages
105,591
Location
Cheshire, CT
That is really quite a find. As many have said, what a shame that his inheritance will end up in the government coffers. SOMEONE, even a close friend, could have benefited. But the government? NO!
 

Users who are viewing this thread



Top