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Shelby History

1965 Shelby Cobra 427

Chassis number : CSX 3125

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The coil-spring 427 Cobras can be divided into five series by specification, including the competition, semi-competition (S/C), and three different series of street-specification. Many road-going Cobras were later converted to race in SCCA events, and this particular car - chassis number CSX 3125 - is one of those examples. It has a history known from new, and spent some of its early years on the track.

This street-specification 427 Cobra, the 25th example built, was finished in white paint with a black interior. It was originally shipped to Gene Hamon Ford of Texas City, Texas, and invoiced on September 17th of 1965. Its first known owner (also believed to be its original owner) was Ron Lambeth of Dallas, Texas. A short time after its purchase, it was converted to SCCA A-Production specifications. The work included widening the original sunburst wheels, fitting larger brakes, competition windscreen, a roll bar, and side pipes, as well as fitting a 36-gallon fuel tank and aluminum cylinder heads, all sourced directly from Shelby.

Lambeth raced the Cobra during the 1966 and 1967 seasons, and was quite successful, qualifying for the American Road Race of Champions held at Daytona in 1967.

The next owner was John Paul Sr. of Burlington, Massachusetts, who continued to race in SCCA events very successfully. Mr. Paul placed 1st in the Northeast division in both 1968 and 1969. After the 1969 season, the car was advertised for sale and would remain unsold through early 1970. At this time, the drivetrain and chassis were refreshed and the car was repainted. After the work was completed, the car was sold to Sylvia Smith of South Burlington, Vermont, purchased through her driver, Paul Chroinere, trading a road-specification 427 Cobra (CSX 3309) in the process.

This Cobra returned to the track in 1971, qualifying again for the American Road Race of Champions that year held at Road Atlanta. It finished 8th in class and 14th overall, making it the highest-finishing A-Production Cobra that year.

The car was then offered for sale in early 1972 but would remain with Smith until 1974, when it was purchased by Peter Sheridan of London, England, and shipped across the pond, where it was registered RRB 500 and recommissioned for street use. It remained in the UK until 1980, when it was sold to Rolf Saxer of Switzerland, who retained the car for the next sixteen years.

In 1996, it was sold to Bertold Theussen of Xanten, Germany, followed by a full restoration, with the work commencing in 1997. During the process, its original colors were confirmed, and it was shown to have its original chassis, body, engine, transmission, and interior. The car remained in this configuration until it was purchased by Mr. Fonvielle in 2005.

The new owner continued the restoration and had it returned to its as-raced specification, finished in blue with white stripes.


By Daniel Vaughan | Dec 2019

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2019 RM Sothebys : Monterey

Pre-Auction Estimates :
USD $1,250,000-USD $1,500,000 
Lot was not sold

1965 Shelby Cobra 427 Auction Sales

Recent Sales of the Shelby Cobra 427

(Data based on Model Year 1965 sales)
1965 Shelby 427 Competition Cobra Roadster
Chassis#: CSX3016
Sold for USD$715,000
  2022 Mecum Indy
1965 Shelby Cobra 427 image  
1965 Shelby 427 S/C Cobra
Chassis#: CSX 4428
Sold for USD$362,500
  2022 RM Sothebys : Arizona
 
1965 SHELBY COBRA 427 S/C CSX 6086
Chassis#: CSX6086
Sold for USD$280,000
  2022 Barrett-Jackson : Scottsdale, Arizona
 
1965 SHELBY COBRA 427 SUPER SNAKE CSX 4404
Chassis#: CSX4404
Sold for USD$935,000
  2022 Barrett-Jackson : Scottsdale, Arizona
 
1965 Shelby 427 Cobra Mini Car
Sold for USD$31,860
  2021 Mecum : Indy 2021
 
1965 Shelby 427 Cobra FAM
Sold for USD$352,000
  2021 Mecum : Glendale
 
1965 Shelby 427 Cobra Roadster
Sold for USD$5,940,000
  2021 Mecum : Kissimmee
 
1965 Shelby 427 Cobra
Chassis#: CSX 3104
Sold for USD$1,380,000
  2019 Bonhams : Quail Lodge Auction
1965 Shelby Cobra 427 image  
1965 Shelby Cobra 427 R
Chassis#: CSX4007R
Sold for USD$212,800
  2019 Gooding & Company : Amelia Island
1965 Shelby Cobra 427 image  
1965 Shelby Cobra CSX 4920 Roadster
Sold for USD$99,000
  2019 Russo & Steele : Scottsdale
 
1965 Shelby 427 Cobra 'CSX 3178'
Chassis#: CSX 3178
Sold for USD$1,375,000
  2016 RM Sotheby's : Monterey
1965 Shelby Cobra 427 image  1965 Shelby Cobra 427 image  
1965 Shelby 427 Competition Cobra
Chassis#: CSX 3010
Sold for USD$2,255,000
  2016 RM Sothebys : Arizona
1965 Shelby Cobra 427 image  1965 Shelby Cobra 427 image  
1965 SHELBY COBRA 427 ROADSTER CSX 3169
Chassis#: CSX3169
Sold for USD$1,595,000
  2015 Barrett-Jackson - Scottsdale
 
1965 Shelby Cobra CSX4112, 427 CI, 4-Speed
Sold for USD$170,000
  2014 Mecum - Kissimmee
 
1965 Shelby Cobra CSX4337, #28 of 40 Anniversary Cars
Sold for USD$140,000
  2013 Mecum Auction - Chicago
 
1965 Shelby Cobra 427 Challenge Racer
Chassis#: CSX4185
Sold for USD$50,000
  2013 Mecum Auctions - Monterey
 
1965 Shelby Cobra 427 CI, 4-Speed, CSX4077
Chassis#: CSX4077
Sold for USD$95,000
  2013 Mecum - Dan Mecum's 26th Spring Classic
 
1965 Shelby Cobra Roadster 427 Side Oiler
Chassis#: CSX4108
Sold for USD$92,400
  2013 Russo & Steele - Scottsdale
 
1965 Shelby 427 Competition Cobra
Chassis#: CSX3014
Sold for USD$1,485,000
  2012 RM Auctions - Monterey
1965 Shelby Cobra 427 image  1965 Shelby Cobra 427 image  
1965 Cobra Replica 427/570 HP, 5-Speed
Sold for USD$62,000
  2012 Mecum - Dallas, TX
 

Shelby Cobra 427s That Failed To Sell At Auction

1965 Shelby Cobra 427's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1965 Shelby 427 Competition CobraCSX30062022 Mecum : Monterey$4,800,000  
1965 Shelby 427 S/C Cobra Sanction IICSX 30672021 RM Sothebys : Arizona $375,000$425,000
1965 Shelby 427 S/C Cobra 1000 SeriesCSX 10172020 RM Sothebys : Open Roads, North America $225,000$275,000
1965 Shelby 427 S/C Cobra Sanction IICSX 30672020 RM Sothebys : Open Roads, North America $400,000$500,000
1965 Shelby 427 CobraCSX 31252019 RM Sothebys : Monterey $1,250,000$1,500,000
1965 Shelby 427 Cobra RoadsterCSX30162019 Mecum : Monterey$550,000$800,000$1,200,000
1965 Shelby 427 CobraCSX 31102019 RM Sothebys : Villa Erba $700,000$1,100,000
1965 Shelby 427 Competition CobraCSX 30062019 RM Sothebys : Amelia Island $3,000,000$4,000,000
1965 Shelby American Cobra 427 Twin SuperchargedCSX49232019 Russo & Steele : Amelia Island $150,000$175,000
1965 SHELBY AMERICAN CSX 427 COBRA 2017 McCormick's Auction # 63$85,000  
1965 Shelby America 2017 Silver Auction Sun Valley$85,000  
1965 Shelby 427 S/C CobraCSX40952017 RM Sothebys : Santa Monica $90,000$110,000
1965 Shelby Cobra 427CSX4007R2016 Mecum : Monterey$285,000  
1965 Shelby Cobra 427 S/C 2016 Mecum : Kissimmee$325,000  
1965 Shelby 427 Competition Cobra CSX3016, 1966 Sebring Class WinnerCSX30162014 Mecum Kissimmee$1,700,000$1,900,000$2,400,000
1965 Shelby Cobra 427 S/C Continuation 427/550 HP, CSX6019CSX60192013 Mecum Auction Anaheim 2013$95,000  
1965 Shelby Cobra 427 Challenge RacerCSX41852013 Mecum Auctions Monterey$60,000$125,000$150,000
1965 Shelby Cobra 427 S/C CSX6170 2013 Mecum Houston, Tx   
1965 Shelby Cobra 427/550 HP, 5-Speed 2012 Mecum Houston, Tx   
1965 Shelby 427 Cobra CSX3127 Street 427 PrototypeCSX31272012 Russo and Steele Scottsdale   
1965 Shelby Cobra 2011 Mecum Auctions Kissimmee, FL Auction$82,000  
1965 Shelby Cobra 2011 Mecum Auctions Kissimmee, FL Auction$76,000  
1965 Shelby Cobra 427 S/C RoadsterCSX60622010 Mecum Auctions Monterey$550,000  
1965 Shelby 427 Competition CobraCSX30062009 RM Auctions Automobiles of London$525,000$600,000$790,000
1965 Shelby 427 Cobra Roadster 2009 Mecum Original Spring Classic Auction 22nd Year$35,500  
1965 Shelby Cobra 427 2008 Hilton Head Sports & Classic Car Auction $165,000$195,000
1965 Shelby Cobra 427 2008 Mecum St. Charles, IL Auction$60,000  
1965 Shelby Cobra CSX 4179 Roadster Challenge RacerCSX41792007 Mecum High Performance Auction at St. Charles, Il$145,000  
1965 Shelby Cobra 427 S/C Roadster 2004 Michigan International Fall Classic Car Auction$72,000  
1965 SHELBY COBRA 427 SCCSX40202004 Palm Springs Exotic Car Auction February 2004$87,000  

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1965 Shelby Cobra 427 Profiles