1965 Shelby Cobra 289 Roadster / CSX 2421 Chassis Information

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 289 photograph

1965 Shelby Cobra 2891965 Shelby Cobra 2891965 Shelby Cobra 2891965 Shelby Cobra 2891965 Shelby Cobra 2891965 Shelby Cobra 2891965 Shelby Cobra 2891965 Shelby Cobra 289
Roadster
Chassis #: CSX 2421
Engine # PA 5044
Sold for $990,000 at 2014 RM Auctions - Amelia Island.
Reality television has caused many people to scour through their garages, attics and barns to find rare gems of history. Unfortunately, the majority of these searches produce nothing more than heirlooms priceless to the families themselves and rarely to the world at large. However, one such garage-find in Pennsylvania would yield a true treasure and a very intriguing, drama-filled story as well.

AC Cars would actually get its early beginnings around the turn of the 20th century. By the early 1920s, AC would have the first-ever car to cover 100 miles in an hour. This feat would be achieved at Brooklands in 1922 and would lead to AC's reputation expanding from then on.

Following the end of the Second World War, AC would design and build John Tojeiro's sportscar. This was a small, nimble design powered by a BMW-derived Bristol six-cylinder engine. And, while the car would be a respected competitor, the Bristol engine lacked the power of more modern engine designs.

The AC Ace had potential, but didn't have the heart under the hood to make it all that it could be. That is where Carroll Shelby comes into the picture. AC had a need, as did Shelby. Together, the two would make one unforgettable sports car.

Carroll Shelby was quite familiar with racing, both on the North American and European continent. The Texan had been a part of the Aston Martin team that competed at Le Mans in the late 1950s and was well aware of the small, lightweight sportscar designs being produced throughout the European continent. In the United States, Ford's main competition was the Corvette. Shelby was backed by Ford and they looked to him to build a competitor to GM's sportscar.

Shelby figured a lightweight European design was the best approach and he was quite familiar with AC's Ace design having driven one earlier in his career. He would remember AC simply because of the strength of the car he drove and its overall handling. Therefore, he would approach AC about packing their Ace with a small block Ford V8.

An agreement would be reached and AC would begin fitting the Ford V8 into their small Ace. Now called the Cobra, the tiny roadster was capable of some truly mind-boggling speeds and would actually be allegedly attributed with introducing the speed limit on British highways.

Shelby American would be formed and construction of the Shelby Cobra would begin. Immediately, the Shelby Cobra would be taken to the track and would prove successful straight-away. Initially, the first 75 of the Cobras would be powered by a 260 cubic inch engine. However, that would be replaced by a 289 V8. When prepared for the track, the 289 was capable of 370hp. The Cobra would absolutely destroy events filled with Corvettes, Jaguars, Porsches and other sportscars of the time. However, not all were prepared in race trim. Other examples of the hissing Cobras would be prepared for the street and private ownership.

Chassis CSX 2421 would be shipped to the United States in 1964 and would actually be listed to a Jerry Watson Ford of Fort Wayne, Indiana. Unfortunately, the car would quickly return to Los Angeles and Shelby's own dealership. Soon after it was sold.

The history of this car in the latter-part of the 1960s would be subject to speculation. However, what is known is that the Cobra would find its way to Pennsylvania in the early 1970s. It would be the property of Bill and Kathy Armstrong. The Armstrongs were car aficionados and often took to the road and events together, but in their own collector automobiles.

In the late 1970s, Mr. Armstrong would be called to serve overseas in the military. It would work out that his wife could join him. Therefore, the Cobra would be stored away while they were gone. The intention was the car would remain in storage until their return. The car would go into storage in 1978 and would remain there for decades to come.

The Cobra would remain virtually undiscovered for more than three decades until its current owner happened upon it. Ready for a return to the public eye CSX 2421 demonstrates a great deal of originality sporting matching numbers, original Stewart-Warner gauges, original top and side curtains.

Still bearing its original color, CSX 2421 remains one of the very few 'original' 289 Cobras and provides a very simple and elegant look at the early days of the Cobra legend. legend.

Sources:
'Lot No. 179: 1965 Shelby 289 Cobra', (http://www.rmauctions.com/lots/lot.cfm?lot_id=1065181). RM Auctions. http://www.rmauctions.com/lots/lot.cfm?lot_id=1065181. Retrieved 10 February 2014.

'1963 Shelby Cobra 289 News, Pictures, Specfications and Information', (http://www.conceptcarz.com/vehicle/z835/Shelby-Cobra-289.aspx). Conceptcarz.com: From Concept to Production. http://www.conceptcarz.com/vehicle/z835/Shelby-Cobra-289.aspx. Retrieved 10 February 2014.

'A Brief History of AC Cars', (http://www.acownersclub.co.uk/ac_history.asp). AC Owners Club. http://www.acownersclub.co.uk/ac_history.asp. Retrieved 10 February 2014.

By Jeremy McMullen

2014 RM Auctions - Amelia Island

Pre-Auction Estimates :
$900,000-$1,200,000 
Sale Price :
$990,000

2019 1
2018 2
2016 4
2015 3
2014 3
2013 7
2012 7
2011 3
2010 8
2009 4

YearAvg. SaleHigh Sale# of Sales
2019$912,500$912,5001
2018$552,500$995,0002
2016$896,125$957,0004
2015$740,600$1,300,0003
2014$661,500$990,0003
2013$578,357$1,320,0007
2012$460,814$792,0007
2011$344,158$909,2753
2010$147,513$550,0008
2009$251,625$467,5004

Recent Sales

(Data based on Model Year 1965 sales)
1965 Shelby 289 Cobra
Chassis#: CSX2448
Sold for $912,500
  2019 Gooding & Company : Scottsdale Arizona
 
1965 Shelby 289 Cobra CSX 8036
Chassis#: CSX 8036
Sold for $110,000
  2018 RM Sothebys : Auburn Spring
 
1965 Shelby 289 Cobra
Chassis#: CSX 2442
Sold for $995,000
  2018 RM Sothebys : Scottsdale, Az.
 
1965 Shelby 289 Cobra Roadster
Chassis#: CSX2549
Sold for $950,000
  2016 Mecum : Monterey
 
1965 SHELBY COBRA 289
Chassis#: CSX2524
Sold for $880,000
  2016 Bonhams : Quail Lodge
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby 289 Cobra CSX2495
Chassis#: CSX2495
Sold for $957,000
  2016 Worldwide Auctions - The Houston Classic
 
1965 SHELBY 289 COBRA ROADSTER CSX2495
Chassis#: CSX2495
Sold for $797,500
  2016 Barrett-Jackson : Scottsdale, AZ
 
1965 Shelby 289 Cobra 'Dragonsnake' CSX2472
Chassis#: CSX2472
Sold for $1,300,000
  2015 The Auburn Auction
 
1965 Shelby Cobra CSX4185 Challenge Series
Chassis#: CSX4185
Sold for $63,800
  2015 Russo & Steele : Monterey
 
1965 Shelby 289 Cobra
Chassis#: CSX2315
Sold for $858,000
  2015 Gooding & Company : Pebble Beach Concours
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby Cobra CSX
Sold for $147,500
  2014 Leake Auction : Dallas
 
1965 Shelby 289 Cobra
Chassis#: CSX 2567
Sold for $847,000
  2014 Gooding & Company : Pebble Beach Concours
 
1965 Shelby 289 Cobra
Chassis#: CSX 2421
Sold for $990,000
  2014 RM Auctions - Amelia Island
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby Cobra
Sold for $140,000
  2013 Mecum : Schaumburg
 
1965 Shelby USRRC FIA Cobra Roadster CSX7049
Sold for $320,000
  2013 Mecum - Dan Mecum's 26th Spring Classic
 
1965 Shelby USRRC FIA Cobra Roadster
Sold for $320,000
  2013 Mecum : Indianapolis
 
1965 Shelby Cobra
Sold for $95,000
  2013 Mecum : Indianapolis
 
1965 Shelby 289 Cobra
Chassis#: CSX 2332
Sold for $1,001,000
  2013 RM - The Don Davis Collection
 
1965 Shelby 289 Cobra
Chassis#: CSX2538
Sold for $852,500
  2013 Gooding and Company - The Amelia Island Auction
1965 Shelby Cobra 289 image  1965 Shelby Cobra 289 image  
1965 Shelby 289 Cobra
Chassis#: CSX2509
Sold for $1,320,000
  2013 Gooding and Company - The Scottsdale Auction
 

Vehicles That Failed To Sell

1965 Shelby Cobra 289's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1965 Shelby 289 Cobra CSX2588 2019 Mecum : Kissimmee$1,050,000$1,200,000$1,400,000
1965 Shelby 289 Cobra RoadsterCSX25882018 Mecum : Monterey$1,100,000$1,100,000$1,300,000
1965 Shelby 289 Cobra Roadster 2018 Mecum : Kissimmee$1,000,000  
1965 Shelby 289 Cobra Roadster 2018 Mecum : Kissimmee$850,000  
1965 Shelby 289 Cobra Roadster 2017 Mecum : Las Vegas$925,000  
1965 Shelby 289 CobraCSX24482017 Gooding & Company : Pebble Beach $1,200,000$1,400,000
1965 Shelby 289 Cobra RoadsterCSX25882017 Mecum : Monterey$950,000  
1965 Shelby Cobra 2017 Auctions America : Fort Lauderdale $1,000,000$1,150,000
1965 Shelby 289 FIA CobraCSX70512017 Worldwide Auctioneers : Scottsdale, AZ $140,000$160,000
1965 Shelby 289 Cobra CSX 2442CSX 24422016 Auctions America : Auburn Fall$800,000$1,000,000$1,150,000
1965 Shelby Cobra 2016 Auctions America : Auburn Fall$110,000$130,000$160,000
1965 Shelby Cobra 2011 Mecum Auctions Monterey, CA The Daytime Auction   
1965 Shelby Cobra 2011 Mecum Auctions Monterey, CA The Daytime Auction   
1965 Shelby 289 CobraCSX 24852011 RM Auctions Automobiles of Amelia Island$425,000$500,000$600,000
1965 SHELBY COBRACSX49832011 Russo & Steele Scottsdale, Arizona   
1965 SHELBY COBRA REPLICA4CRDAK121NF0006312010 McCormick's Auction #49 Palm Springs, CA$30,750  
1965 SHELBY COBRA REPLICA4CRDAK121NF0006312010 McCormick's Auction #49 Palm Springs, CA$30,750  
1965 Shelby Cobra Replica 2010 RM Auctions Collector Cars of Fort Lauderdale$24,000$35,000$40,000
1965 Shelby AC Cobra 2010 Mecum Kissimee Auction$42,000  
1965 SHELBY COBRA REPLICA 2009 Palm Springs Exotic Car Auctions November 22, 2009$55,000  
1965 Shelby Cobra 4000 Series Roadster 2009 Mecum Original Spring Classic Auction 22nd Year$85,000  
1965 SHELBY COBRA REPLICA 2009 Palm Springs Exotic Car Auctions February 2009$47,000  
1965 AC Cobra 289 Roadster 2009 Collector Cars of Fort Lauderdale$422,500  
1965 SHELBY COBRA REPLICA 2008 Palm Springs Exotic Car Auctions November 23, 2008$47,000  
1965 SHELBY COBRA REPLICAR 2008 Silver Auction Hot August Nights$30,000  
1965 SHELBY COBRA REP. 2008 Palm Springs Exotic Car Auctions February 2008   
1965 Shelby Cobra 4000-Series RoadsterCSX40002008 Mecum High Performance Auction at Kissimmee, FL$270,000  
1965 SHELBY COBRA REPLICARAR051794SMCK000152007 Silver Auction Sun Valley$40,000  
1965 SHELBY COBRA replica 2006 Palm Springs Exotic Car Auctions November 1719, 2006   
1965 SHELBY COBRA REPLICACCX339492006 Palm Springs Exotic Car Auctions November 1719, 2006$51,000  

Comparables

Similar sales to the $406,711 range.
1972 Ferrari Dino 246 GT
Chassis#:Chassis#:03872
Sold for $407,000
2018 Gooding & Company : Pebble Beach
1985 Modena GT Spyder California
Chassis#:GT0003
Sold for $407,000
2018 Mecum : Monterey
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1936 Ford Jack Calori Coupe
Chassis#:Chassis#:182636987
Sold for $407,000
2018 Mecum : Monterey
1954 AC Ace Roadster
Chassis#:Chassis#:AEO1
Sold for $404,700
2018 Bonhams : Goodwood
1974 Ferrari 365 GT4 Berlinetta Boxer
Chassis#:Chassis#:17955
Sold for $408,856
2018 Artcurial : Retromobile
1928 Salmson GS8 Roadster
Chassis#:Chassis#:21004
Sold for $409,905
2018 Bonhams : Les Grandes Marques du Monde au Grand Palais
2008 Mercedes-Benz SLR McLaren Roadster
Chassis#:Chassis#:WDDAK76F78M001546
Sold for $406,835
2018 RM Sothebys : Paris
1991 Lamborghini Countach 25th Anniversary
Sold for $406,835
2018 RM Sothebys : Paris
1972 Ferrari Dino 246 GT 'Chairs & Flares' by Scaglietti
Chassis#:04970
Sold for $406,500
2018 RM Sothebys : Scottsdale, Az.
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1941 Packard Custom Super Eight One Eighty Convertible Victoria by Darrin
Chassis#:1429-2014
Sold for $407,000
2017 RM Sothebys : Hershey
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1961 Jaguar E-Type 3.8-Litre 'Flat Floor' 'External Bonnet Lock' Roadster
Chassis#:Chassis#:875143
Sold for $409,041
2017 Bonhams : Goodwood Revival
2012 Lexus LFA
Chassis#:Chassis#:JTHHX8BHX08000211
Sold for $403,617
2017 RM Sothebys : London
2011 Porsche 997 GT3 RS 4.0
Chassis#:WP0AF2A9XBS785582
Sold for $407,000
2017 Gooding & Company : Pebble Beach
1965 Shelby Cobra 289 vehicle thumbnail image  
1995 Porsche 911 Carrera RS Clubsport
Chassis#:Chassis#:WP0ZZZ99ZSS390260
Sold for $407,000
2017 RM Sothebys : Monterey
1923 Duesenberg Model A Sport Phaeton
Chassis#:977
Sold for $407,000
2017 RM Sothebys : Monterey
1965 Shelby Cobra 289 vehicle thumbnail image  1965 Shelby Cobra 289 vehicle thumbnail image  
1969 FORD MUSTANG BOSS 429 FASTBACK
Chassis#:Chassis#:9F02Z195405
Sold for $407,000
2017 Barrett-Jackson : Northeast
1963 Chevrolet Corvette Z06/N03
Sold for $410,000
2017 Mecum : Indianapolis
2006 Ferrari 575 Superamerica F1
Chassis#:Chassis#:ZFFGT61B000141819
Sold for $407,851
2017 Artcurial : Retromobile
2001 Ferrari 550 Barchetta Pininfarina
Chassis#:Chassis#:ZFFZR52B000124279
Sold for $407,456
2017 RM Sotheby's : Paris
1965 Shelby GT350 Fastback
Sold for $410,000
2016 Mecum : Dallas

Vehicle Profiles

Chassis information for the Shelby Cobra 2891963 Roadster
Chassis Num: CSX2044
Engine Num: 3011B-524
Chassis information for the Shelby Cobra 2891963 Roadster
Chassis Num: CSX2119
Engine Num: 1296
Chassis information for the Shelby Cobra 2891964 Roadster
Chassis Num: CSX2328
Engine Num: PA4539
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX 2414
Engine Num: 5108
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX 2421
Engine Num: PA 5044
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX 2514
Engine Num: 055
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX2524
Engine Num: BP7777
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX2538
Engine Num: 00041
Chassis information for the Shelby Cobra 2891965 Roadster
Chassis Num: CSX2570
Engine Num: 00034


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