1964 Shelby Cobra 427 Prototype - Click above for high-res image gallery
January is just a short few weeks away, and along with the Detroit Auto Show, that means classic car auctions to us automotive types. The televised circus of Barrett-Jackson and the more reserved auction houses of Russo and Steele and RM will be hoping to empty the pockets of those automotive aficionados who still have money left to burn after more than a year of tough economic times.
With most of the lists of cars being finalized for each auction, the highlight of the weekend will likely be a 1964 Shelby Cobra 427 that will be offered to the highest bidder at RM's sale at the Biltmore Resort & Spa in Phoenix, Arizona. While just about any Cobra merits attention, this particular one is the actual prototype for the legendary 427 Cobras. Nicknamed the "Flip-Top" for its clam shell design, the car actually competed at tracks like Riverside, Sebring, and Nassau, and has an extensive vintage racing history.
RM doesn't provide an estimate, but we wouldn't be surprised to see the final bid easily reach seven figures. You can read a short description of the car after the jump or browse the high-res gallery below provided by RM.