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Anything with Carroll Shelby's name on it automatically has a higher value, and even more so if his name is on the pink slip as well. This 1969 Shelby GT500 Convertible has been owned by Carroll since new. The only other 1960's Shelby that he still owns from new is the very first Shelby Cobra, CSX2000. The car underwent a five year rotisserie restoration that was finished up in September of 2007.

Bidding for the car started at $100k, then quickly rose to $300 within a few seconds, then up to $500 where it stalled. Bidding slowly creeped past $600,000 and finally rested on $675,000. The winning bidder? You guessed it - Ron Pratte, the same guy who bought the Cobra SuperSnake last year.

Related GalleryBarrett-Jackson 2008: Carroll Shelby's personal 1969 GT500 Convertible