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Shelby's 289 Cobra remains a highly sought automobile for collectors and investors. The fire-breathing 427 MkIII was on the way. The 289 was drawing to an end. Only a few more would be produced by 1964. Each was special, pieces of automotive history to hold onto. As a result, no stone or barn could be left untouched. Otherwise, one of these priceless pieces of Shelby history could be missed.
Documented as CSX 2436, this particular Cobra would be completed in May of 1964 and would be adorned with a Rouge Iris finish and beige upholstery. Embarking on its first journey aboard SS Diemerdyk, the car would soon arrive in Greenwich, Connecticut and would soon be delivered to Town & Country Motors, Inc.
Little expense would be spared for CSX 2436. Besides being air freighted to Connecticut aboard a TWA aircraft, the Cobra would come with some of the best features there were. This would include WSW tires, a radio, luggage rack and even antifreeze. All told, the sum would total nearly $6,000.
Timothy Crowley was the reason why the Shelby was on its first epic trip. After taking delivery of the car, Crowley would keep the Shelby in his possession for more than a couple of years. Then, the car would pass to James Wallerstein, who happened to live in White Plains, New York. Wallerstein would have the car for only a short period of time before it moved on to Vintage Car Store and Ed Jurist. Based in Nyack, New York, Jurist's Vintage Car Store would take delivery of the Cobra in July of 1971 and would quickly turn around and resell the car to Peter DeSilva of Massachusetts.
By this point in time, CSX 2436 would no longer bare its Rouge Iris finish. Instead, the car would be finished in black. But this would not be the end of the changes from the original. Other changes would include painted wire wheels and a Raydyot rearview mirror. Having accumulated some 30,000 since new, the 289 Cobra was again about to change hands.
Traded to Sy Allen, the car would make its way to Vermont. It would be at this point in time that if one wanted to find CSX 2436 he or she needed to be careful to turn over every stone, or, look in every possible barn.
Allen was not interested in parting with the Cobra. Instead, the car would be placed on jacks and hidden away in DeSilva's barn and workshop for some 40 years.
Rediscovered decades later, CSX 2436 was a virtual time capsule baring to the onlookers its beginnings and what it became. Stored away as it was some 40 years ago, the 289 Cobra remains highly original; even its Rouge Iris finish makes appearances here and there where the black paint has flaked off.
In spite of its need for restoration, the car could not have gifted its next owner any more after 40 years and 34,000 miles. Many restorers of Cobras would do just about anything to get their hands on the original parts that remain on this barn find making 2436 a possible gem within the Cobra family.
Offered as part of Gooding & Company's Arizona auction in 2015, CSX 2436 would draw pre-auction estimates from between $1,000,000 and $1,400,000. It was clear the potential the existed behind the chipped and dust-covered paint.
When the bidding came to an end, the 1964 Shelby 289 Cobra earned a sale price of a very respectable $979,000.By Jeremy McMullen
Documented as CSX 2436, this particular Cobra would be completed in May of 1964 and would be adorned with a Rouge Iris finish and beige upholstery. Embarking on its first journey aboard SS Diemerdyk, the car would soon arrive in Greenwich, Connecticut and would soon be delivered to Town & Country Motors, Inc.
Little expense would be spared for CSX 2436. Besides being air freighted to Connecticut aboard a TWA aircraft, the Cobra would come with some of the best features there were. This would include WSW tires, a radio, luggage rack and even antifreeze. All told, the sum would total nearly $6,000.
Timothy Crowley was the reason why the Shelby was on its first epic trip. After taking delivery of the car, Crowley would keep the Shelby in his possession for more than a couple of years. Then, the car would pass to James Wallerstein, who happened to live in White Plains, New York. Wallerstein would have the car for only a short period of time before it moved on to Vintage Car Store and Ed Jurist. Based in Nyack, New York, Jurist's Vintage Car Store would take delivery of the Cobra in July of 1971 and would quickly turn around and resell the car to Peter DeSilva of Massachusetts.
By this point in time, CSX 2436 would no longer bare its Rouge Iris finish. Instead, the car would be finished in black. But this would not be the end of the changes from the original. Other changes would include painted wire wheels and a Raydyot rearview mirror. Having accumulated some 30,000 since new, the 289 Cobra was again about to change hands.
Traded to Sy Allen, the car would make its way to Vermont. It would be at this point in time that if one wanted to find CSX 2436 he or she needed to be careful to turn over every stone, or, look in every possible barn.
Allen was not interested in parting with the Cobra. Instead, the car would be placed on jacks and hidden away in DeSilva's barn and workshop for some 40 years.
Rediscovered decades later, CSX 2436 was a virtual time capsule baring to the onlookers its beginnings and what it became. Stored away as it was some 40 years ago, the 289 Cobra remains highly original; even its Rouge Iris finish makes appearances here and there where the black paint has flaked off.
In spite of its need for restoration, the car could not have gifted its next owner any more after 40 years and 34,000 miles. Many restorers of Cobras would do just about anything to get their hands on the original parts that remain on this barn find making 2436 a possible gem within the Cobra family.
Offered as part of Gooding & Company's Arizona auction in 2015, CSX 2436 would draw pre-auction estimates from between $1,000,000 and $1,400,000. It was clear the potential the existed behind the chipped and dust-covered paint.
When the bidding came to an end, the 1964 Shelby 289 Cobra earned a sale price of a very respectable $979,000.By Jeremy McMullen
2015 Gooding & Company - Arizona
Pre-Auction Estimates :
USD $1,000,000-USD $1,400,000
Sale Price :
USD $979,000
1964 Shelby Cobra 289 Auction Sales
Recent Sales of the Shelby Cobra 289
(Data based on Model Year 1964 sales)
1964 Shelby 289 Cobra Chassis#: CSX 2208 Sold for USD$1,655,000 2023 RM Sothebys : Amelia Island | |
1964 Shelby 289 Cobra Chassis#: CSX 2171 Sold for USD$995,000 2022 Broad Arrow Auctions : The Passion for the Drive | |
1964 Shelby 289 Cobra Chassis#: CSX 2247 Sold for USD$1,132,500 2022 RM Sothebys : Amelia Island | |
1964 AC Cobra 289 Chassis#: C0X 6014 Sold for USD$995,000 2021 Bonhams : Quail Lodge | |
1964 Shelby 289 Cobra Chassis#: CSX2234 Sold for USD$1,160,000 2021 Gooding & Company : Pebble Beach Concours Auction | |
1964 Shelby 289 Cobra Chassis#: CSX 2328 Sold for USD$995,000 2021 RM Sothebys : Monterey | |
1964 Shelby 289 Cobra Roadster Sold for USD$935,000 2021 Mecum : Kissimmee | |
1964 Shelby 289 Cobra Roadster Chassis#: CSX2416 Sold for USD$1,760,000 2019 Mecum : Indianpolis | |
1964 Shelby 289 Cobra Chassis#: CSX2210 Sold for USD$714,500 2019 Gooding & Company : Amelia Island | |
1964 Shelby 289 Cobra Chassis#: CSX2246 Sold for USD$1,050,000 2019 Gooding & Company : Scottsdale Arizona | |
1964 Shelby Cobra 289ci Competition Roadster Chassis#: CSX 2430 Sold for USD$1,774,290 2018 Bonhams : Goodwood Revival | |
1964 Shelby 289 Cobra Chassis#: CSX2271 Sold for USD$1,045,000 2018 Gooding & Co. : Amelia Island | |
1964 Shelby 289 'Lindauer Cobra' Chassis#: CSX 2344 Sold for USD$1,100,000 2017 RM Sothebys : Monterey | |
1964 Shelby Cobra 289 Chassis#: CSX2328 Sold for USD$1,089,000 2017 Bonhams : Quail Lodge | |
1964 Shelby 289 Cobra Chassis#: CSX2411 Sold for USD$1,100,000 2017 Gooding & Co. : Scottsdale, AZ | |
1964 Shelby 289 Cobra 'CSX 2326' Chassis#: CSX 2326 Sold for USD$968,000 2016 RM Sotheby's : Monterey | |
1964 Shelby 289 Cobra Chassis#: CSX 2433 Sold for USD$1,320,000 2016 Gooding & Company : The Amelia Island Auction | |
1964 Shelby 289 Cobra Chassis#: CSX 2561 Sold for USD$1,072,500 2016 RM Sothebys : Arizona | |
1964 Shelby 289 Cobra Chassis#: CSX2208 Sold for USD$902,000 2015 Gooding & Company : Pebble Beach Concours | |
1964 Shelby 289 Cobra Chassis#: CSX2390 Sold for USD$1,155,000 2015 Gooding & Company - Arizona |
Shelby Cobra 289s That Failed To Sell At Auction
1964 Shelby Cobra 289's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1964 Shelby 289 Cobra | CSX 2274 | 2024 RM Sothebys : ModaMiami | $1,100,000 | $1,300,000 | |
1964 SHELBY 289 COBRA | CSX 2289 | 2024 Gooding : Amelia Island | $1,200,000 | $1,400,000 | |
1964 Shelby 289 Cobra | CSX 2234 | 2023 Broad Arrow Group : Amelia Island | $1,000,000 | $1,200,000 | |
1964 Shelby 289 Cobra Roadster | CSX2416 | 2020 Mecum Auctions : Kissimmee | |||
1964 Shelby Cobra 289 Roadster | CSX 2245 | 2019 Bonhams : The Zoute Sale | $800,000 | $1,100,000 | |
1964 Shelby 289 Cobra | CSX 2216 | 2019 RM Sothebys : Monterey | $825,000 | $900,000 | |
1964 Shelby Cobra 289 | CSX 2328 | 2019 Bonhams : Amelia Island | $900,000 | $1,100,000 | |
1964 Shelby 289 Cobra | CSX 2216 | 2018 RM Sothebys : The Petersen Automotive Museum | $850,000 | $950,000 | |
1964 Shelby Cobra 289 | CSX 2328 | 2018 Bonhams : Quail Lodge | $1,100,000 | $1,300,000 | |
1964 Shelby 289 Cobra | CSX 2311 | 2017 RM Sothebys : London | $775,000 | $900,000 | |
1964 Shelby 289 Cobra CSX 2216 | CSX 2216 | 2016 Auctions America : Auburn Fall | $700,000 | $825,000 | $875,000 |
1964 Shelby 289 Cobra CSX 2473 | CSX 2473 | 2016 RM Sotheby's : Monterey | $2,200,000 | $2,600,000 | |
1964 Shelby 289 Cobra Roadster | CSX2271 | 2016 Mecum Indianapolis | $800,000 | $1,000,000 | |
1964 Shelby Cobra USRRC Roadster | CSX2557 | 2010 RM Auctions Automobiles of Amelia Island | $1,275,000 | $1,500,000 | $1,900,000 |
1964 Shelby 427 Cobra Flip-Top Roadster | CSX2196 | 2010 RM Auctions Automobiles of Arizona | $1,450,000 | ||
1964 Shelby Cobra 289 CSX2430 | CSX2430 | 2009 Mecum Original Spring Classic Auction 22nd Year | $1,300,000 | ||
1964 Shelby Cobra 289 | CSX2242 | 2008 Dana Mecum's Original Spring Classic Auction | $510,000 | ||
1964 Shelby Cobra 289 | CSX2271 | 2008 Dana Mecum's Original Spring Classic Auction |
Vehicles With Comparable Market Values
Similar sales to the $894,745 range.
1985 Lancia Delta S4 Rally Chassis#:ZLA038AR000000207 Sold for $902,163 2024 RM Sothebys : Monaco | |
1971 McLaren M19A Chassis#:M19A-1 Sold for $902,163 2024 RM Sothebys : Monaco | |
2019 FORD GT Chassis#:2FAGP9CW7KH200117 Sold for $902,000 2024 Barrett-Jackson : Palm Beach | |
2011 Ferrari 599 GTO Chassis#:ZFF70RCA4B0177016 Sold for $896,000 2024 RM Sothebys : ModaMiami | |
1997 Porsche 911 Turbo S Chassis#:WP0AC2993VS376048 Sold for $896,000 2023 RM Sothebys : Monterey | |
2010 Ferrari 599 GTO Chassis#:ZFF70RDB000176113 Sold for $895,321 2022 RM Sothebys : Munich | |
1929 Bugatti Type 37 Chassis#:37385 Sold for $897,929 2022 Bonhams : Les Grandes Marques a Monaco | |
1961 Maserati 3500 GT Spyder By Vignale Chassis#:AM101 1295 Sold for $896,000 2022 RM Sothebys : Amelia Island | |
1935 Auburn Eight Supercharged Speedster Chassis#:851 33734 E Sold for $891,000 2021 RM Sothebys : Hershey | |
2018 Mercedes-Maybach G650 Landaulet Chassis#:WDB4632741X293755 Sold for $890,626 2021 Artcurial : Monaco | |
1990 PORSCHE 962C Chassis#:962-163 Sold for $901,057 2021 Gooding & Company : Geared Online | |
1985 Lancia Delta S4 Rally Chassis#:ZLA038AR000000207 Sold for $892,093 2020 RM Sothebys : Open Roads, The European Summer Auction | |
1996 Porsche 911 GT2 Chassis#:WP0ZZZ99ZTS392164 Sold for $891,000 2020 RM Sothebys : Palm Beach Online | |
2016 Ferrari F12tdf Chassis#:ZFF81BHB000214162 Sold for $888,016 2019 RM Sothebys : Villa Erba | |
1913 Mercer Type 35J 'Raceabout' Sold for $896,000 2019 Bonhams : Amelia Island | |
1931 Bentley 8-Litre Sports Tourer Chassis#:YX5116 Sold for $893,775 2019 Bonhams : Les Grandes Marques du Monde au Grand Palais | |
1953 Abarth 1100 Sport by Ghia Chassis#:205-104 Sold for $891,000 2017 RM Sothebys : Monterey | |
1933 Isotta Fraschini Tipo 8A Dual Cowl Sports Tourer by Castagna Chassis#:1664 Sold for $902,000 2017 RM Auctions : Amelia Island | |
1969 American Motors AMX/3 Chassis#:WTDO 363 2/55/55 Sold for $891,000 2017 Gooding & Co. : Scottsdale, AZ | |
1956 PORSCHE 356A CARRERA GS SPEEDSTER Chassis#:82243 Sold for $891,000 2016 Bonhams : Quail Lodge |
1964 Shelby Cobra 289
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