Lot 22850: 1966 Ford Mustang Convertible

Based on my research of current market data, here’s what you can expect for a fully restored 1966 Ford Mustang Convertible:

Value Range:

• Driver-quality restorations: $45,000 - $65,000
• High-quality restorations: $65,000 - $80,000
• Concours/show-quality restorations: $80,000 - $120,000

Key factors affecting value:

• Engine type: V8 models (especially 289ci) command higher prices than the inline-6 (200ci T-Code)
• Transmission: Manual transmissions typically add value over automatics
• Restoration quality: Factory-correct, numbers-matching restorations bring premium prices
• Documentation: Original paperwork, build sheets, and restoration photos increase value

Market context: The 1966 Mustang Convertible we’re currently looking at (with custom conservation status and inline-6 engine) is priced at $59,500, which falls in the middle range for driver-quality restorations.

For comparison, recent auction results show:

• Restored examples selling in the $45,000-$57,000 range
• High-end restorations reaching $80,000+
• The $200,000 Revology example is a modern reproduction, not a factory restoration

Bottom line: A properly restored 1966 Mustang Convertible with the 289 V8 and manual transmission in excellent condition should fetch $70,000-$90,000, while inline-6 models typically range $45,000-$70,000 depending on restoration quality.

Would you like me to help you find specific restored examples currently for sale, or do you have questions about what to look for in a restoration?