Pro­to­type fails to reach its $500k re­serve at Amer­i­can auction

Classic Car Weekly (UK) - - This Week - Nick Larkin mecum.com

Abase model 1964 Ford Mus­tang failed to raise its re­serve price of $500,000 (£384,150) at auction in In­di­anapo­lis, USA, on 20 May. The top bid of $300,000 (£230,430) wasn’t ac­cepted.

The car is the first hard-top Mus­tang to be al­lo­cated a Ve­hi­cle Iden­ti­fi­ca­tion Num­ber ( VIN 5F07U100002) and is said to be the old­est sur­vivor. It has Caspian Blue paint­work, a Ford Fair­lane three­speed man­ual gear­box, a 170 cu­bicinch in­line-six-cylin­der en­gine and a Ford Ranchero axle.

Seller Bob Fria has owned the car since 1997 – he’s a world­wide author­ity on the mar­que and au­thor of the book Mus­tang Ge­n­e­sis. He is the car’s 14th owner and fully re­stored it over two years.

Bob hasn’t been able to es­tab­lish whether this was the sec­ond Mus­tang to leave the assem­bly line be­cause the cars weren’t as­sem­bled in the or­der of their VIN num­bers – num­ber 100001 was a con­vert­ible and re­sides in Ford’s mu­seum. Both cars were among the pre-pro­duc­tion Mus­tangs built for a pi­lot project to test pro­duc­tion tech­niques.

A spokesper­son for Mecum, the auc­tion­eer that of­fered the car for sale, says: ‘There is only one “first.” This Mus­tang goes down in pony-car his­tory as the first Mus­tang hard-top to re­ceive a se­rial num­ber.’

Pro­to­type Mus­tang is sparse, with an AM ra­dio, re­vers­ing lights, white­wall tyres and not much else. It also has a straight gear­stick rather than the usual an­gled type.

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