Wednesday, 11. October 2006

Shelby GT350 stolen 26 years ago returned to insurance company, not owner


From the bible of the collector car world comes a cautionary tale of a stolen Shelby and a good lesson in caveat emptor. John Draneas of Collector Car Market recounts the story of a 1965 Shelby GT350 that was stolen back in 1979. The insurance company paid the owner $6500 and the vehicle was never seen from again. Well, not with its original serial number at any rate. While running a cursory check of eBay, Shelby American Automobile Club Registrar Howard Pardee came across a nice looking '65 GT350. With a little legwork, he discovered that the car had been reported stolen and unrecovered back in 1979. He contacted the eBay seller and that's when things got really interesting.

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