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1966 Shelby Cobra 427 Roadster / CSX 3162 Vehicle Information

1966 Shelby Cobra 427 photograph

1966 Shelby Cobra 427
High bid of $1,500,000 at 2020 Mecum Auctions : Kissimmee. (did not sell)
The Cobra enjoyed a very long production lifespan through its multiple fiddles' it played; it began life as a Tojiero-Bristol, than an A.C. Ace, followed by the Ace Bristol and finally the Ace Ford. Just as it was ending its production life, Carroll Shelby breathed new life with the iconic 289 Cobra. This was soon superseded by the legendary 427 Cobra.

More power was needed to battle the big-block Corvettes and other high-potent racers of the day, so Shelby turned to Ford with their 427 cid V8. It would be placed in the belly of the Cobra, but several significant modifications were needed before the vehicle could be safely operated. The original ladder frame, with its transverse leaf springs, had been designed for an 85-hosrepower engine. The 400 horsepower 427 was more than the setup could handle. Using Ford's computers, a much stiffer chassis with four-wheel independent coil-spring suspension was devised. The updates continued, with the removal of the six-inch wire wheels for much wider Halibrand magnesium wheels. Since the larger wheels would not fit under the standard fenders, the craftsmen at the A.C. factory in England gave the Cobra fender flares. In the front, a large front inlet was shaped to provide air to cool the engine. The result of these aesthetic changes was an aggressive appearance on a small, potent vehicle.

This 427 Cobra with CSX 3162 was completed on August 18th of 1965. It was painted in red and given a black interior. It was sent to Shelby American via the S.S. Risanger.

The cars first owner was Edward Karees in the spring of 1966. It remained in his care for years. In August of 1986 it was sold to Allan D. Weiss. Weiss kept the car for 20 years until 2006 when it was sold to a noted muscle car collector.

This is a very original car that was given a re-paint during the mid-1980s. It retains its original 427 engine with dual four-barrel carburetors. It rides on six-spoke Halibrand alloy wheels, while the original wheels are kept in the current owner's possession.

This car has not been raced, crashed, or abused like so many Cobra's. It has had only three owners since new, with two of those being very long term care.

In 2007 this Cobra was brought to the Gooding & Company auction held in Pebble Beach, CA where it was estimated to sell for $800,000 - $900,000. Sadly, the lot failed to find an interested buyer willing to satisfy the cars reserve. The car was left unsold.


By Daniel Vaughan | Apr 2008



2020 Mecum Auctions : Kissimmee

Pre-Auction Estimates :
USD $1,500,000-USD $1,900,000 
High Bid (Lot was not sold)
USD $1,500,000

2007 Gooding & Company

Pre-Auction Estimates :
USD $800,000-USD $900,000 
Lot was not sold

1966 Shelby Cobra 427 Auction Sales

Recent Sales

(Data based on Model Year 1966 sales)
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
 
1966 Shelby 427 Cobra
Chassis#: CSX 3293
Sold for USD$819,500
  2012 RM Auctions - Monterey
1966 Shelby Cobra 427 image  

Vehicles That Failed To Sell

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  

Comparables

Similar sales to the $966,616 range.
1933 Delage D8 S Cabriolet by Pourtout
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2021 RM Sothebys : The Guikas Collection
1966 Shelby Cobra 427 vehicle thumbnail image  
1934 Riley MPH SPORTS TWO SEATER
Chassis#:44T 2246
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1966 Shelby Cobra 427 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
1996 ALFA ROMEO 155 V6 TI ITC
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Chassis#:CSX 2547
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Chassis#:SFM5S553
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Chassis#:DB5/1767/L
Sold for $975,525
2021 Artcurial : PARISIENNE 2021
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Chassis#:227
Sold for $975,525
2021 Artcurial : PARISIENNE 2021
2017 Ford GT
Sold for $970,000
2021 GAA : February 2021
1954 Aston Martin DB2/4 Drophead Coupe
Chassis#:LML/506
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1966 Shelby Cobra 427 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
2019 Ford GT 'Lightweight'
Chassis#:2FAGP9CW1KH200033
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1971 Plymouth Cuda Convertible
Sold for $962,500
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1966 Shelby Cobra 427 vehicle thumbnail image  1966 Shelby Cobra 427 vehicle thumbnail image  
1934 Talbot AV105 Brooklands Sports Racer
Chassis#:AV35499
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1957 Mercedes-Benz 300 SL Roadster
Chassis#:198.042.7500555
Sold for $973,000
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2017 Ferrari F12tdf
Chassis#:ZFF81BFA1H0223687
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2017 Ferrari F12tdf
Chassis#:ZFF81BFA3H0223691
Sold for $975,000
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2017 Ferrari F12tdf
Chassis#:ZFF81BFA1H0220191
Sold for $967,500
2019 RM Sothebys : Amelia Island

Shelby Cobra 427 Vehicle Profiles
Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Profile

Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Profile

Roadster
Shelby Cobra 427 Roadster

Model Year: 1965
Competition Prototype Coupe
Shelby Cobra 427 Competition Prototype Coupe

Chassis Num: CSX 3002
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3006
Model Year: 1965
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3010
Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3017
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3021
Model Year: 1965
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3035
Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3104
Model Year: 1965
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3125
Model Year: 1965
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3130
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3178
Model Year: 1965
Profile and Auction History
S/C Replica
Shelby Cobra 427 S/C Replica

Chassis Num: CSX 3198R
Model Year: 1965
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX2196
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3014
Model Year: 1965
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3016
Model Year: 1965
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3018
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3028
Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3108
Model Year: 1965
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3133
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3176
Model Year: 1965
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3183
Model Year: 1965

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3195
Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX4005LA
Model Year: 1965
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX4007R
Model Year: 1965
Profile and Auction History

S/C Replica
Shelby Cobra 427 S/C Replica

Chassis Num: SFM5S342
Model Year: 1965
Roadster
Shelby Cobra 427 Roadster

Model Year: 1966
Roadster
Shelby Cobra 427 Roadster

Model Year: 1966
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3012
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3021
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3102
Engine Num: C3A3-3059-A
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3157
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3159
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3162
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3181
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3221
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3237
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3242
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3282
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3283
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3293
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3355
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3359
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3015
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3022
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3040
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3104
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3106
Model Year: 1966
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3131
Model Year: 1966
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3165
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3170
Model Year: 1966
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3187
Model Year: 1966
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3205
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3210
Model Year: 1966
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3259
Model Year: 1966
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3287
Model Year: 1966
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3312
Model Year: 1966
Roadster
Shelby Cobra 427 Roadster

Model Year: 1967

Roadster
Shelby Cobra 427 Roadster

Model Year: 1967
Profile
Shelby Cobra 427

Chassis Num: COB 6124
Model Year: 1967
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3045
Model Year: 1967
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3223
Model Year: 1967
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3275
Model Year: 1967
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3294
Model Year: 1967
Profile and Auction History

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3307
Model Year: 1967
Profile and Auction History
427 Roadster
Shelby Cobra 427 427 Roadster

Chassis Num: CSX 3330
Model Year: 1967
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX 3359
Model Year: 1967
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3256
Engine Num: 3256
Model Year: 1967
Profile
427 Roadster
Shelby Cobra 427 427 Roadster

Chassis Num: CSX3278
Model Year: 1967
Profile and Auction History
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3299
Model Year: 1967
Profile

Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3346
Model Year: 1967
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3358
Model Year: 1967
Profile
Roadster
Shelby Cobra 427 Roadster

Chassis Num: CSX3360
Model Year: 1967
Profile


Vehicle information, history, and specifications from concept to production.
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