Unrestored Shelby Cobra Auction Price Outperforms Gold Market Five Fold

FORT LAUDERDALE, FL.- Auctions America by RM posted $17,248,846 in total sales at its annual Collector Cars of Fort Lauderdale auction event this weekend. The top seller, a barn-find 1963 Shelby Cobra (chassis no. CSX 2080), changed hands for $467,500 and represents a unique opportunity to make a direct comparison between the rise in a collector car’s value and that of a traded commodity – gold. The matching-numbers CSX 2080, the fifth 289 Cobra built, was purchased by its second private owner in 1981 with $30,000† worth of gold coins. The cumulative average market gold price that year was $460 per ounce. The car was driven only once by its new owner and then parked for the next thirty years, leaving it in very original, unrestored condition for its appearance on the auction podium in Fort Lauderdale. Since 1981 gold values have fluctuated, but have steadily been on the rise over the last decade and reached a

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