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1966 Shelby Cobra 427 Roadster

  • Chassis Number: CSX3287
The original Cobra, having begun life as a Tojeiro-Bristol, then as an AC Ace, followed by the Ace Bristol and finally a Ford Ace, had been fitted with an 85 horsepower engine. By the time the Cobra had reached the hands of Shelby and properly matured over several years, it was fitted with a V8 engine that offered over 400 horsepower. This meant the original ladder frame with its transverse leaf springs was not intended to handle this much power, and a solution was required. A new platform was designed that was much stiffer and fitted with four-wheel independent coil-spring suspension. The six-inch wire wheels were replaced with wider Halibrand magnesium wheels. These wider wheels did not fit under the standard fenders so the artisans at the AC factory in England constructed substantial fender flares. The front was restyled with a large inlet to provide sufficient cooling to the large Ford powerplant. Upon completion, the Cobra had evolved into a very aggressive vehicle and it had the performance to back-up its looks.

This car is CSX3287 and was billed to Shelby American on July 8, 1966. It was sold two months later to the Ford dealership in White Plains, New York for the sum of $6,145. It had left the factory in the same color scheme it wears today, a red exterior with a black interior.

It was sold on June 16th of 1967 to Bronx resident Jay Kulko. It spent the next 10 years with two owners in George. In 1976 it was bought by Greg Lonberger of Elmhurst, Illinois at which point the odometer read 27,337 miles. In 1978 it was purchased by Mike Forman. in 1986 it was purchased by Cindy Baker of California. She had it painted in the Shelby color of Guardsman Blue. It was sold a short time later to M.D.R. Enterprises of Los Angeles, Ca. It would pass through several more owners throughout the years.

The engine is a 427 CID V-8 with 425 horsepower and a single Holley 4-Barrle carburetor. There are 4-wheel disc brakes and a four-speed manual transmission.

In 2009, it was brought to the Gooding & Company auction held in Scottsdale, Arizona where it was estimated to sell for $750,000 - $850,000. Bidding failed to satisfy the vehicle's reserve and the lot was left unsold.

By Daniel Vaughan | Apr 2009

2009 The Scottsdale Auction : Gooding & Company

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

1966 Shelby Cobra 427 Auction Sales

Recent Sales of the Shelby Cobra 427

(Data based on Model Year 1966 sales)
1966 Shelby 427 Cobra Roadster
Sold for USD$1,430,000
  2023 Mecum : Kissimmee
 
1966 SHELBY 427 COBRA
Chassis#: CSX 3192
Sold for USD$1,050,000
  2022 Gooding & Company : Amelia Island Auction
1966 Shelby Cobra 427 image  
1966 Shelby Cobra 427
Chassis#: CSX3205
Sold for USD$995,000
  2021 Bonhams : Quail Lodge
1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3242
Sold for USD$1,050,000
  2021 Bonhams : Quail Lodge
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra Roadster
Chassis#: CSX3173
Sold for USD$2,420,000
  2019 Mecum : Indianpolis
 
1966 Shelby 427 Cobra
Chassis#: CSX 3359
Sold for USD$1,792,500
  2019 RM Sothebys : Amelia Island
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3284
Sold for USD$882,586
  2019 RM Sothebys : Paris
 
1966 Shelby 427 Cobra
Chassis#: CSX 3102
Sold for USD$995,000
  2018 RM Sothebys : Monterey
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3283
Sold for USD$1,457,500
  2018 Gooding & Co. : Amelia Island
1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra 'Semi-Competition'
Chassis#: CSX 3040
Sold for USD$2,947,500
  2018 RM Sothebys : Scottsdale, Az.
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3293
Sold for USD$1,100,000
  2017 RM Sotheby's : Arizona Auction
1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3259
Sold for USD$1,210,000
  2015 RM Sotheby's : Monterey
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 SHELBY COBRA 427 'SUPER SNAKE'
Chassis#: CSX3015
Sold for USD$5,115,000
  2015 Barrett-Jackson - Scottsdale
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Chassis#: CSX 3102
Sold for USD$990,000
  2015 RM Auctions - Automobiles of Arizona
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 SHELBY 427 COBRA ROADSTER
Chassis#: CSX3172
Sold for USD$1,000,000
  2014 Mecum - Monterey
 
1966 Shelby 427 Cobra
Chassis#: CSX 3359
Sold for USD$1,705,000
  2014 RM Auctions at Monterey
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby 427 Cobra
Sold for USD$962,500
  2014 Auctions America : California
 
1966 Shelby Cobra Roadster
Sold for USD$28,000
  2014 Leake Auction : Dallas Spring
 
1966 Shelby Cobra
Sold for USD$36,000
  2014 Leake Auction : Dallas Spring
 
1966 Shelby 427 Cobra
Chassis#: CSX3166
Sold for USD$1,100,000
  2013 Gooding and Company - Pebble Beach
 

Shelby Cobra 427s That Failed To Sell At Auction

1966 Shelby Cobra 427's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1966 Shelby 427 S/C CobraCSX 30402024 Broad Arrow Auctions : Amelia $3,000,000$3,750,000
1966 Shelby 427 CobraCSX 32372024 RM Sothebys : Arizona $1,100,000$1,300,000
1966 Shelby 427 Cobra Roadstercsx32832024 Mecum : Kissimmee$1,300,000$1,600,000$1,800,000
1966 Shelby 427 CobraCSX 32592023 RM Sothebys : Monterey $1,200,000$1,400,000
1966 Shelby 427 Cobra RoadsterCSX31622020 Mecum Auctions : Kissimmee$1,500,000$1,500,000$1,900,000
1966 Shelby 427 CobraCSX 32372019 RM Sothebys : Monterey $1,100,000$1,250,000
1966 Shelby 427 CobraCSX31072019 Gooding & Company : Scottsdale Arizona $1,100,000$1,400,000
1966 SHELBY COBRA ROADSTER6F08C2597742018 Premier Auction Group$40,000  
1966 SHELBY COBRA CSX3239 ROADSTERCSX32392018 BarrettJackson : Scottsdale   
1966 Shelby 427 CobraCSX 33592017 Bonhams : Quail Lodge $1,600,000$2,000,000
1966 Shelby 427 CobraCSX31652016 Gooding & Company : Pebble Beach $1,200,000$1,600,000
1966 SHELBY 427 COBRA 2014 Mecum Dallas$300,000  
1966 Shelby 427 Cobra 2013 Worldwide The Houston Classic   
1966 AC Shelby Cobra 427 MkIIICSX32592010 Bonhams Quail Lodge $650,000$750,000
1966 Shelby Cobra 427 RoadsterCSX32092010 Mecum Auctions Monterey$850,000  
1966 Shelby Cobra 427 RoadsterCSX33012009 Mecum Original Spring Classic Auction 22nd Year$600,000  
1966 Shelby Cobra 427 2009 The Scottsdale Auction : Gooding & Company $750,000$850,000
1966 Shelby Cobra 427CSX33012008 Sports & Classics of Monterey by RM Auctions$775,000$800,000$900,000
1966 Shelby Cobra 2008 Dana Mecum's Original Spring Classic Auction$80,000  
1966 Ford Cobra 427 2008 RM Auctions Classic Car Auction of Toronto Spring$17,250  
1966 Shelby Cobra 427 2007 Gooding & Company $800,000$900,000
1966 SHELBY COBRA REPLICA 2007 Palm Springs Exotic Car Auctions February 2325, 2007   
1966 Shelby 427 Competition Cobra 2002 Monterey Sports and Classic Car Auction$530,000  

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1966 Shelby Cobra 427

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