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Old 10-30-2008, 01:50 PM
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Source: Hemmings.com


MUSCLE CARS
Shelby’s race car outruns the field at B-J Las Vegas

This 1969 Boss 429 fetched $214,500 at Barrett-Jackson Las Vegas. The top earner was a 1949 MG TC once raced by Carroll Shelby

Muscle car prices were a major contributing factor to the more than $29 million in sales generated at Barrett-Jackson Las Vegas, October 16-22, but it was a British roadster, once raced by an American automotive legend, that hauled in the highest price paid at the event.

Carroll Shelby’s first road race car, a 1949 MG TC, sold for a whopping $313,500 — easily more than five times what a TC might ordinarily command. Bidding was intense for the MG, according to B-J, reaching six figures within seconds of the opening offer. Shelby piloted the British speedster (Lot #819) to a surprise victory in a road race in Norman, Okla., in 1952, a win that set the stage for his prolific career. Shelby donated 10 percent of the MG’s winning bid to charity.

The next highest price paid at the Sin City edition of Barrett-Jackson went to Funkmaster Flex’s custom 2006 Ford Mustang GT, which hauled in $300,000.
“We’re thrilled with the outcome of our first Las Vegas event on many levels,” said Craig Jackson, chairman/CEO of Barrett-Jackson. “Las Vegas and Mandalay Bay welcomed us with open arms and as a strategic partner and it’s clear that consignors, bidders and visitors were treated to a spectacular experience. Collector cars prevailed in a struggling economy, proving that they can be treated as both a hobby and an investment.”

The top 10 earners at the auction were:

Shelby’s 1949 MG TC – $313,500 (Lot #819);
Funkmaster Flex’s 2006 Ford Mustang GT – $300,000 (Lot #774.4);
2003 Saleen S7 – $260,700 (Lot #805.1);
1954 Rolls-Royce Silver Dawn – $225,500 (Lot #794);
1969 Ford Mustang Boss 429 – $214,500 (Lot #803.1);
1962 Lincoln Continental – $209,000 (Lot #812);
1938 Packard Victoria – $209,000 (Lot #801);
1970 Ford Mustang Boss 429 – $205,700 (Lot #816);
1970 Plymouth HEMI ‘Cuda – $187,000 (Lot #804.2);
1958 Chevrolet Corvette – $187,000 (Lot #788).
For complete results head over to Barrett-Jackson.com.
- By Mike McNessor
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