Worth of "Cobra Demonstrator" ?

[FUNFER2]

Even with the car market in a slum, what is the 1963 Shelby Cobra Demonstrator 289 Roadster CSX2096, worth ?

In the long list of Cobra collectables, where does it stand ?

QUOTE FROM MECUM AUCTION-

HIGHLIGHTS

- The Shelby Demonstrator
- Invoiced from AC to Shelby on Feb. 20, 1963
- Retailed to Jacques Passino of FoMoCo on Sept. 30, 1963
- Retail invoice reversed by Shelby credit memo one month later
- Kept by Shelby as a demo for 15 months
- Finished with Group A accessories
- Chrome knock-off wheels
- Early Flathead Cobra emblems
- Retains early production shifter knob
- Documented in the Shelby Registry
- Copies of AC Invoice to Shelby American and Shelby American Retail Invoices
- Featured on Dennis Gage's My Classic Car as a good example of an early 289 Cobra
- 2nd Place Concours SAAC 10
- 1st Place Concours SAAC 11
- Current owner traded for this car in 1992

"Known to collectors as the Shelby Demonstrator, this 1963 Cobra was invoiced from AC Cars to Shelby on February 20, 1963, retailed to Ford executive Jacques Passino on August 30, then reverse invoiced to Shelby a month later on September 30. It was used by Shelby as a demonstrator for a total of fifteen months, after which it was sold to Frank and Douglas Loundes of Pasadena, CA on April 15, 1964. Factory equipped with the “Class A” accessory group that included chromed 5.5-inch wire wheels with “AC” knock-offs, a dash-mounted rear-view mirror, wind wings, chromed bumperettes and a quick-fill fuel cap, it also incorporated dual four-barrels, Whitewall tires, a luggage rack and optional seat belts"

1963 Shelby Cobra 289 Roadster CSX2096, The Shelby Demonstrator for sale by Mecum Auction

Not one of my favorites but, very interesting Cobra.

[FUNFER2]

Photo's from the Mecum Auction.

[Nedsel]

I would dispute the idea that this car is "known to collectors as the Shelby demonstrator." A number of cars have the same Jacques Passino connection that this car did, and there is no documentation that this car was either the Motor Trend or the Playboy car. So the statement is tenuous at best.