conceptcarz.com

Image credit: © conceptcarz.com (Reproduction Or reuse prohibited).

1967 Shelby Cobra 427 Roadster

  • Chassis Number: CSX 3294
The Cobra enjoyed a very long production lifespan through its multiple fiddles' it played; it began life as a Tojiero-Bristol, than an A.C. Ace, followed by the Ace Bristol and finally the Ace Ford. Just as it was ending its production life, Carroll Shelby breathed new life with the iconic Cobra. The 260 cubic-inch pushrod V8 engine produced 260 horsepower. It was mated to a four-speed manual Ford transmission which drove the 2,000 pound Cobra. Only minor modifications to the A.C. body and chassis were required. Stronger wire wheels were fitted and the leaf-spring independent suspension was little changed. The bigger 289 Ford V8 was substituted for the 260 and in 1963 the Bishop cam steering gear was replaced by rack-and-pinion.

In the capable hands of Ken Miles, Lew Spencer, and Bob Holbert, the Cobra's were able to outpace the more exotic marques.

More power was needed to battle the big-block Corvettes and other high-potent racers of the day, so Shelby turned to Ford with their 427 cid V8. It would be placed in the belly of the Cobra, but several significant modifications were needed before the vehicle could be safely operated. The original ladder frame, with its transverse leaf springs, had been designed for an 85-hosrepower engine. The 400 horsepower 427 was more than the setup could handle. Using Ford's computers, a much stiffer chassis with four-wheel independent coil-spring suspension was devised. The updates continued, with the removal of the six-inch wire wheels for much wider Halibrand magnesium wheels. Since the larger wheels would not fit under the standard fenders, the craftsmen at the A.C. factory in England gave the Cobra fender flares. In the front, a large front inlet was shaped to provide air to cool the engine. The result of these aesthetic changes was an aggressive appearance on a small, potent vehicle.

This 427 Cobra is CSX 3294 and houses a 427 cubic-inch V8 engine that is reported to produce an estimated 520 horsepower. It was damaged in the 1960s in a road accident and put away for many years. The disassembled car was later acquired by David Yanoff who began an extensive rebuilt. It was ultimately treated to a complete nut-and-bolt restoration by expert Geoff howard of Cobra Automotive of Wallingford, Connecticut.

During the restoration it was given the correct alloy S/C brake calipers, 36-gallon fuel tank, differential oil pump, transmission oil pump, factory roll bar and side pumps.

It is correct in every detail, has an outside fuel filler, a proper 427 'side-oiler' engine built to LeMans specifications, correct Halibrand wheels, 'quick jack' fittings in both front and rear, and a riveted hood scoop.

This car has been apart of the Michael Hammer Collection and was shown just once in 2007 where it was a class winner at the Beverly Hills Classics for Charity Show. Since the restoration in 2000, it has traveled a mere 300 miles.

In 2007 this 427 Cobra was brought to the Gooding & Company auction held in Pebble Beach, CA where it was estimated to sell for $750,000 - $850,000. Sadly, a buyer willing to satisfy the vehicles reserve was not found and the car left the auction unsold.

By Daniel Vaughan | Apr 2008

2008 Barrett-Jackson - Scottsdale 2008

Sale Price :
USD $660,000

2007 Gooding & Company

Pre-Auction Estimates :
USD $750,000-USD $850,000 
Lot was not sold

1967 Shelby Cobra 427 Auction Sales

Recent Sales of the Shelby Cobra 427

(Data based on Model Year 1967 sales)
1967 Shelby 427 Cobra
Chassis#: CSX 3299
Sold for USD$1,325,000
  2022 Broad Arrow Auctions : The Passion for the Drive
1967 Shelby Cobra 427 image  
1967 SHELBY COBRA 427 CSX 3356
Chassis#: CSX3356
Sold for USD$1,210,000
  2022 Barrett-Jackson : Scottsdale, Arizona
 
1967 Shelby 427 Cobra Roadster
Sold for USD$1,430,000
  2022 Mecum : Kissimmee
 
1967 Shelby 427 'Semi Competition' Cobra
Chassis#: CSX3045
Sold for USD$2,860,000
  2021 Mecum : Monterey
1967 Shelby Cobra 427 image  1967 Shelby Cobra 427 image  
1967 Shelby 427 S/C Cobra Roadster
Sold for USD$3,300,000
  2021 Mecum : Indy 2021
 
1967 Shelby 427 Cobra Roadster
Sold for USD$1,375,000
  2021 Mecum : Kissimmee
 
1967 Shelby 427 S/C Cobra Roadster
Chassis#: CSX3042
Sold for USD$2,860,000
  2019 Mecum : Indianpolis
 
1967 Shelby 427 Cobra
Chassis#: CSX3278
Sold for USD$1,045,000
  2018 Gooding & Co. : Amelia Island
1967 Shelby Cobra 427 image  1967 Shelby Cobra 427 image  
1967 AC Shelby 427 Cobra
Sold for USD$726,000
  2016 Auctions America : Hilton Head
 
1967 Shelby 427 Cobra CSX3337
Chassis#: CSX3337
Sold for USD$1,375,000
  2016 Worldwide Auctions - The Houston Classic
 
1967 Shelby 427 Cobra Roadster
Chassis#: CSX3356
Sold for USD$950,000
  2015 Mecum : Monterey
 
1967 Shelby 427 Cobra Roadster
Chassis#: CSX3356
Sold for USD$1,000,000
  2015 Mecum : Indianapolis
 
1967 Shelby 427 'Semi-Competition' Cobra
Chassis#: CSX 3045
Sold for USD$2,117,500
  2015 RM Sotheby's : Amelia Island
1967 Shelby Cobra 427 image  1967 Shelby Cobra 427 image  
1967 SHELBY COBRA ROADSTER RE-CREATION
Chassis#: SVCXX15894
Sold for USD$40,700
  2015 Barrett-Jackson - Scottsdale
 
1967 Shelby 427 'Semi-Competition' Cobra
Chassis#: CSX 3045
Sold for USD$2,007,500
  2013 RM Auctions - Arizona
1967 Shelby Cobra 427 image  1967 Shelby Cobra 427 image  
1967 Shelby American Cobra Convertible
Sold for USD$19,000
  2011 Mecum Auctions - St. Charles, IL Auction
 
1967 Shelby 427 Cobra
Chassis#: CSX3275
Sold for USD$715,000
  2010 RM Auctions - Sports & Classics of Monterey
1967 Shelby Cobra 427 image  1967 Shelby Cobra 427 image  
1967 Shelby 427 Cobra
Chassis#: CSX3281
Sold for USD$632,500
  2010 RM Auctions - Automobiles of Arizona
 
1967 Shelby Cobra 427 Roadster CSX3357
Chassis#: CSX3357
Sold for USD$829,250
  2008 Russo & Steele Monterey Auction
 
1967 SHELBY COBRA ROADSTER
Chassis#: CSX3294
Sold for USD$660,000
  2008 Barrett-Jackson - Scottsdale 2008
1967 Shelby Cobra 427 image  1967 Shelby Cobra 427 image  

Shelby Cobra 427s That Failed To Sell At Auction

1967 Shelby Cobra 427's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1967 Shelby 427 S/C Cobra Roadster 2021 Mecum : Glendale   
1967 Shelby 427 S/C Cobra Roadster 2021 Mecum : Kissimmee   
1967 Shelby 427 S/C Cobra RoadsterCSX30422020 Mecum : Indy   
1967 Shelby 427 Cobra RoadsterCSX32812020 Mecum : Indy$1,250,000$1,350,000$1,550,000
1967 Shelby 427 Cobra RoadsterCSX33182019 Mecum : Indianpolis$1,350,000$1,400,000$1,600,000
1967 Shelby 427 CobraCSX 32812019 RM Sothebys : Scottsdale Arizona $1,350,000$1,450,000
1967 Shelby Cobra CSX3302 2016 GAA : July 2016$800,000  
1967 Shelby 427 Cobra RoadsterCSX32952016 Mecum Indianapolis $1,100,000$1,300,000
1967 Shelby 427 CobraCSX 32652010 RM Auctions Sports & Classics of Monterey$540,000$675,000$800,000
1967 Shelby 427 Cobra 2010 Gooding and Company Pebble Beach Auctions $650,000$750,000
1967 Shelby Cobra Roadster 2009 Mecum St. Charles Auction$21,500  
1967 Shelby Cobra 427 2007 Gooding & Company $750,000$850,000

Vehicles With Comparable Market Values

Similar sales to the $1,055,097 range.
1998 RUF BTR
Chassis#:W09TD0364WPR06013
Sold for $1,050,000
2024 Broad Arrow Auctions : Amelia
2021 Ford GT Carbon Series
Sold for $1,055,500
2023 Worldwide Auctioneers : The Auburn Auction
1937 LAGONDA LG45 RAPIDE
Chassis#:12245/G10S
Sold for $1,055,500
2023 Gooding & Company : Pebble Beach
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1936 Hispano-Suiza J12 d'Ieteren Frères Cabriolet
Chassis#:13033
Sold for $1,050,000
2023 Broad Arrow : Monterey Jet Center
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1957 Mercedes-Benz 300 SL Roadster
Chassis#:189.010.7500563
Sold for $1,050,000
2023 RM Sothebys : Monterey
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
2021 Ford GT
Chassis#:2FAGP9DW4MH200013
Sold for $1,050,000
2023 Broad Arrow Group : Amelia Island
2020 Ford GT Carbon Series
Chassis#:2FAGP9DW8LH100186
Sold for $1,050,000
2023 RM Sothebys : Amelia Island
1931 Duesenberg Model J Convertible Sedan by LeBaron
Sold for $1,050,000
2023 RM Sothebys : Arizona
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1961 Mercedes-Benz 300SL Roadster
Sold for $1,045,000
2023 Mecum : Kissimmee
1938 Mercedes-Benz 540 K Drophead Coupe by Lancefield
Chassis#:169317
Sold for $1,050,000
2022 RM Sothebys : Monterey
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1965 Shelby 289 Cobra
Chassis#:CSX 2547
Sold for $1,050,000
2022 RM Sothebys : Monterey
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1984 Lamborghini Countach LP5000 S by Bertone
Chassis#:ZA9C00500ELA12729
Sold for $1,061,000
2022 RM Sothebys : Monterey
1930 Duesenberg Model J Convertible Berline by LeBaron
Chassis#:2380
Sold for $1,061,000
2022 RM Sothebys : Monterey
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
2020 Ford GT MkII
Chassis#:FPMMMK11012
Sold for $1,045,000
2022 Mecum : Monterey
1991 Porsche 911 Carrera 4 Lightweight
Chassis#:964018
Sold for $1,050,000
2022 RM Sothebys : Amelia Island
1967 Shelby Cobra 427 vehicle thumbnail image  
1966 SHELBY 427 COBRA
Chassis#:CSX 3192
Sold for $1,050,000
2022 Gooding & Company : Amelia Island Auction
1967 Shelby Cobra 427 vehicle thumbnail image  
1966 Shelby 427 Cobra
Chassis#:CSX 3242
Sold for $1,050,000
2021 Bonhams : Quail Lodge
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1932 Packard Twin Six Individual Custom Convertible Sedan by Dietrich
Chassis#:900245
Sold for $1,050,000
2021 RM Sothebys : Monterey
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1954 Dodge Firearrow II by Ghia
Chassis#:9999709
Sold for $1,050,000
2021 RM Sothebys : Monterey
1967 Shelby Cobra 427 vehicle thumbnail image  1967 Shelby Cobra 427 vehicle thumbnail image  
1963 Jaguar E-Type Lightweight Continuation
Chassis#:S 851001
Sold for $1,050,000
2021 RM Sothebys : Monterey

1967 Shelby Cobra 427

Additional valuation insight and sales data
History
Specifications
Image gallery
Other Shelby Cobra 427 model years

1967 Shelby Cobra 427 Vehicle Profiles