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Shelby History

1966 Shelby Cobra 427

Chassis number : CSX 3242

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Sold for $1,050,000 at 2021 Bonhams : Quail Lodge.
This Shelby Cobra 427 was invoiced to Shelby American on June 10, 1966, and to Total Performance dealer Larsen Ford of White Plains, New York, on August 31, 1966. After it was air-freighted to White Plants, the carburetor was replaced and the car was then delivered to Manhasset Ford of New York state. It is believed that the car was used for promotional purposes by the Ford District Sales Office, and to have been drag-raced by Larsen Ford employee William Trifari at Dover Plains and Westhampton. Perhaps due to these vigorous exercises, the car's upper and lower A-arms were straightened and a new driveshaft assembly fitted under warranty by Pennsylvania Cobra repair mechanic Ray Heppenstall in August 1967. At the time, the car remained in the care of Manhasset Ford and had 3,250 miles on the odometer.

A short time later, the car was sold new to Stuart Hayim of New York City who kept it approximately two years before offering it for sale. Tyler Somas of Queens took it for a test drive and then proceeded to pull a gun on the owner and drove away. Mr. Hayim filed an insurance claim. When the Cobra arrived at Somas' place of business, Queens Auto Wrecking, the 'new owner' removed the car's chassis number from the right front shock mount and added numbers to the left front shock mount which coincided with the data tag from CSX 3041 (a wrecked 427 S/C Cobra previously owned by Somas).

Around 1969, 'CSX 3041' was sold to David Bythewood of Hempstead, New York. Mr. Richard Brostek later discovered the VIN stamping had been ground away, while others in the Shelby Owners Association noted that the Cobra had stock street-going components rather than S/C guise. It was quickly discovered that the chassis number was '3242' as it was still present on all the latches.

Near the close of 1977, the car with its mistaken identity was sold to Bruce Clemmons of Kansas. At the time, it was finished in red over tan with black under-car exhaust pipes. The following year, the car was sold to Andrew Robinson of Kansas, by which time a fresh 427 with two four-barrel carburetors was mounted along with stainless steel inner panels.

Didier Pironi purchased the car in the early 1980s and had it exported to Italy. While it was Pironi's ownership, a California court deemed that the true identity of chassis no. CSX 3041 belonged to another owner. Following several other European owners, it was finally properly returned to its correct identity of CSX 3242. In addition, it was refinished in blue, as original, with white stripes.

Ron Huber of Arizona acquired the Cobra in the summer of 1995 and treated it to a complete mechanical restoration by Don Roberts and prepared it for vintage racing. It was given a Halon fire system, a fuel cell, competition fuel filler, racing brakes, and various safety equipment. The 427 side-oiler V8 engine was built by Roberts and given a dual-plane, dual-quad, tunnel-port intake system.

The current caretaker acquired the Cobra in 1999 where it has remained for over two decades. In 2013, the car was refinished in its original paint scheme including the white stripes.


By Daniel Vaughan | Oct 2021

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2021 Bonhams : Quail Lodge

Pre-Auction Estimates :
USD $1,000,000-USD $1,200,000 
Sale Price :
USD $1,050,000

1966 Shelby Cobra 427 Auction Sales

Recent Sales of the Shelby Cobra 427

(Data based on Model Year 1966 sales)
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 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 Cobra 427
Chassis#: CSX3205
Sold for USD$995,000
  2021 Bonhams : Quail Lodge
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
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
 
1966 Shelby 427 Cobra
Chassis#: CSX 3259
Sold for USD$836,000
  2013 RM Auctions - Amelia Island
1966 Shelby Cobra 427 image  1966 Shelby Cobra 427 image  
1966 Shelby Cobra 427 Roadster
Chassis#: CSX3301
Sold for USD$735,000
  2013 Mecum Auctions - Kissimmee, FL Auction
 

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 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 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 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
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1966 Shelby Cobra 427 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
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1966 Shelby Cobra 427 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
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1966 Shelby Cobra 427 Profiles

1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3355
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3181
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3162
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3012
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3287
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3221
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3282
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3040
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3259
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3021
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3293
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3131
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3022
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3359
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3015
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3104
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3187
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3159
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3210
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3283
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3102
Engine #: C3A3-3059-A
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3165
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3237
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3157
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3242
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX3205
1966 Shelby Cobra 427 vehicle information
Roadster
Chassis #: CSX 3192