Record Breaking Auctions for Classic Muscle
July 24, 2007 by George Skentzos
Price records for classic muscle continue to topple in the wake of Shannons Sydney Winter Auction on July 23.
A 1969 Ford XW GT HO ‘Phase 1` sedan has sold well above its estimate for $230,000 – an Australian record auction price for a ‘Phase 1’ Falcon. The GT HO Falcon was an exceptionally original, rust-free country NSW car with 45,840 miles on its odometer – just 900 of them covered in the past three years.
Built in September 1969, the car came from the factory fitted with rear seat belts, a deleted black bonnet and an 8-track tape deck and was originally sold by Peter Warren Ford to a Bathurst enthusiast. After he died, the car sat in his garage for over 10 years before successively passing into the hands of owners in Tumut and Cootamundra.
A fastidiously restored left-hand drive Shelby Mustang GT500KR Fastback Coupe also made history when it went to a telephone bidder for $282,000 – a top Australian auction price for a Shelby. Another notable sale was for a a very low mileage 1978 Ford XC Cobra 351 Hardtop that had spent a number of years in storage which sold for $86,000 – also above pre-auction expectations.
Another Muscle Cars to fare well in the auction was a stunning black and gold left hand drive 1967 Ford Mustang Fastback ‘Eleanor’ Replica, which sold on estimate for $75,000.
Not in the same league, but punching well above its weight was a 1973 Holden HQ Monaro LS Coupe fitted with a 202-cid engine with three-speed automatic transmission, which brought $23,500 – a top price for a six-cylinder HQ.
In other sales, a 1962 MGA 1600 MkII Roadster made $24,000, a 1968 VW Beetle ‘Karmann’ Cabriolet sold for $18,000 and a 1973 Triumph TR6 brought $17,000. Meanwhile further up the food chain, a 1964 Mercedes-Benz 230SL Convertible and a left hand drive 1992 Chevrolet Corvette Convertible each made $40,000 and a wide-body 1977 Porsche 911 Carrera 3.0 sold for $42,000.
But worth even more than any these desirable classics was the right to display the NSW white on black enamel numberplate ‘1901’, which sold for a near-record $57,000.
Print it: 
wow impressive figures. and these are not the most desired muscle cars either. try the phase3 and phase4. they put muscle cars past the $1M mark.
i hate to turn this into a ford V holden thing put you really got to appreciate what ford has given us over the years (real cars) even though these cars were before my time and dont handle as good as modern dayers they definatly are something else
Yep HQ for $23,000 not bad but a XA GT coupe same year try $90.000……
Still some bargins out there to be had without putting your house on another morgage which is what every one else is pretty much doing.
Some people think any 60s & 70s Falcon GTs are more than $1,000,000.00 because of a segment on ACA with a XY GT-HO for a million dollars. That car had a history to it and it was a HO.
If theres any one out there that has a standard XY GT and wants to sell it for a million bux, GET FUCKKEEDD!!!