New member with "barn find" question

[tommcb99]

Hi All,

I'm a new member to the forum and am hoping one of the members can help me with some info.

My aunt recently died and we're trying to put a value on the assets in her estate. And guess what: one of them the 1965 Shelby AC Cobra that she purchased new back in 1965. It's got the 289 engine and everything is original, with 35,000 original miles on it.

It's been sitting in her garage covered up for about the past 15 years or so, so it's pretty dusty. But it's a genuine Shelby, looks like no body damage, and we're now wondering what it's worth and the best way to sell it.

My cousin is the executor of the estate and contacted someone (not sure who or what organization) and they got pretty excited. They specifically said don't do anything to it, not even wash it, as it's a "barn find" and collectors want it as is. They want to put it up for auction in August.

Of course, if it does go up for auction, we'd want to set a reserve price, so I'd appreciate any advice as to what everyone feels it's worth and what the reserve price should be if it goes up for auction.

Thanks for your help.

Tom