While the first Mustang convertible is parked at the Henry Ford museum in Dearborn, MI — the first coupe, Mustang 00002 is privately owned. This Mustang has 94,000 miles on the clock, and is going to be up for grabs during the Indianapolis Mecum auction from May 16th-20th on lot S125.
The current owner of the Mustang, Bob Fria, got the car in 1997, and performed a thorough 2-year long restoration. It’s sporting a dark Caspian Blue coat of paint, blue interior, and looks like it’s fresh off the showroom floor. Even though it’s not the first ever Mustang, it’s still going to pull some big bucks at auction.
Since the car was made as a showroom example, it’s not very well optioned. It does have an AM radio, backup lights, whitewall tires, and that’s about it as far as optioning goes. It does have a straight gear shifter instead of the bent one like every other Mustang has.
This will probably end up being the most valuable six-cylinder Mustang in the world after it crosses the auction block — it’s estimated that it will pull in up to $650k.