We love a good barn find here at Autoblog. We like that there's a palpable excitement and sense of mystery surrounding barn finds. Each case has its own uniqueness to it, and this latest discovery is no different: an unrestored, one-owner 1969 Shelby GT500 with just 8,531 miles on it.

In the case of this particular barn find, many of the typical questions have already been answered. For example, we know who owned it – his name was Larry Brown. He recently passed away, and as he had no wife or children to inherit the estate, the car he purchased at Pennsylvania Ford dealer in May of 1969, will be auctioned off by Ron Gilligan Auctioneers.

The car was fastidiously maintained, having never been driven in the rain. In fact, Brown never even washed it, out of fear of it rusting. According to the auction website, the last time this car saw water was probably when it was detailed ahead of being delivered to Brown. If that doesn't sound like a fanatical sense of maintenance on the part of this GT500's owner, this next part will. The interior has been treated to a similarly painstaking attempt at preservation, with garbage bags covering the seats and two layers of floor mats over the carpets. The result is a car that, aesthetically, is in remarkable shape considering it's spent so long in a barn.

Mechanically, all appears well. The auctioneers report that a new battery and a fresh tank of gas allowed the nearly 45-year-old car's 428-cubic-inch Cobra Jet V8 to fire up straight away. A four-speed manual trans delivers that V8's grunt with the help of a t-shaped shifter.

Brown's GT500 was purchased for just $5,245 back in 1969. Today, the price is considerably higher. A quick search of Auto Trader Classics found a 1969 GT500 coupe with 75,320 miles on the clock and an asking price of just under $90,000. Considering the original, unrestored and low-mileage nature of Brown's car, we expect it to fetch a good bit more than that.

The auction will be held on April 25, 2014 at 12:30 PM EST. Alongside the GT500, a 1971 Ford Ranchero GT and a 1974 Econoline (with just 554 miles on it) will be auctioned off. Click over to the auction page for Brown's possessions to get the full rundown on the GT500, including pictures from its discovery.


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  • 28 Comments
      Luke
      • 9 Months Ago
      If I had a million dollars...I'd buy that car.....
      sam302psu
      • 9 Months Ago
      That paragraph about it never seeing rain is pretty funny. My dad and I saw it sitting outside in his driveway for over a year.
      Bavarian818
      • 9 Months Ago
      With no one to inherit, I suspect the proceeds go to good ol uncle Sam...
      Jonas
      • 9 Months Ago
      Forget the 'stang, I want that 36" Vizio at the end of the gallery. In all honesty, I wouldn't buy a box of cracker jacks from anyone with a posting that terrible.
      me
      • 9 Months Ago
      Poor guy...
      Feurig
      • 9 Months Ago
      This is awesome!
      am07
      • 4 Months Ago

      they were an still are great cars. that being said there not much speacial between the 68 an 69 machs. now if this was a 67 shelby gt500 now we be talkin some serous cash but considering they was 500 ever made thats a needle in a hey stack

      gpbarnesracing
      • 9 Months Ago
      This car is not the "Holy Grail" of muscle cars....in fact.....one of the least desirable amongst Shelby collectors. With that said.....since the word "Barn find" is the buzz word and rage with noveau collectors....this car will bring more than the market due to its low mileage and media coverage . Happy bidding!
      sixspeedclutchhh
      • 9 Months Ago
      i officially predict 1.1 million. this is the holy grail of muscle cars..... and i don't really like muscle cars, but this car makes me very emotional. i want it really, really bad. i don't see how there won't be an all-out war between a bunch of balding baby boomers. and THE COLOR!!! this shade of green is THE BEST. i've never wanted an american car as much as i want this. it's ferrari cool.
        Young
        • 9 Months Ago
        @sixspeedclutchhh
        From 1968 onward the Shelby Mustang was squarely a product of FMC not Shelby and the 69-70 cars were little more than tarted up Mach1's. I think your 1.1 million prognostication is a bit optimistic especially since a quick glance over at Hemmings shows most of these cars in unrestored condition going for less than 100lk.
          MoralThinker
          • 8 Months Ago
          @Young
          Yes! I was a proud owner of a '69 Mach 1, 'Candy Apple Red, with the 351 cu. in. Cleveland engine, 4 on the floor. And, now that I'm almost 70 years old, and though I've had many other cars, I've got to say, my '69 Mach 1 is still my favorite car, and probably one of the best looking American cars ever. None of the new Mustangs even comes close.
      AcidTonic
      • 9 Months Ago
      So he did all that work for nothing? Didn't get to give the car to any ancestors or friends. The Government took it after death and is selling it..... What a dumb thing to do. He died with six figures that he never used. Probably could have enjoyed the past 5 years of his life more if he sold it earlier.
        Karfreek
        • 9 Months Ago
        @AcidTonic
        Looking at all the other cars in the auction, he was enjoying life right up until the end and not strapped for cash!
      bK
      • 9 Months Ago
      Wow that is nice!
      Jesus!
      • 9 Months Ago
      Now THATS a Mustang!
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