The Don Davis Collection

27 April 2013

Previous Next

Lot 135

1968 Shelby Mustang GT500E Convertible

  • Chassis no. CSE-001C
  • Identification no. 8T03C199460

Sold for $220,000


525 bhp, 408 cu. in. OHV V-8 with fuel injection, five-speed Tremec transmission, front tubular and independent rear suspension with coil-over shocks, and four-wheel power disc brakes. Wheelbase: 108 in.

  • The only Shelby GT500E Convertible built
  • Constructed with Carroll Shelby’s blessing
  • Classic looks with modern hot rod performance


Constructed in 2005, with the approval of Carroll Shelby himself, this car, number CSE-001C, was the original prototype of a proposed series of new GT500E Convertibles, marking the first Shelby Mustang convertibles offered to the public since 1970. It is an outstanding example of modern engineering mated to original performance, and it is an extremely impressive car that one should see for themselves.



While the Wimbledon White and Guardsman Blue car boasts styling similar to the famed GT500 of 1967, it is actually a completely modern muscle car, packing a 408-cubic inch aluminum-block fuel-injected V-8 and Tremec TKO 600 five-speed racing transmission (chosen to suit the convertible’s smaller floorboard) on a custom X-braced chassis, beefed up to handle high performance with special frame connectors and a functional roll bar. Exhaling through a special performance exhaust routed through the bodywork, the engine produces a whopping 525 brake horsepower, pushing the car to noisy good times atop 17-inch custom wheels. The DC & O fuel-injection system resembles a set of Webers with air stacks, giving the engine compartment a wonderful period-correct appearance.



The blue interior combines classic Shelby style with Carroll’s trademark promotional bravado—the late master’s signature is everywhere, from the seats to the Shelby Signature gauges, which include a 10,000 rpm tachometer and 160-mph speedometer, and, naturally, he personally signed the dashboard. Trick touches include the “Go Baby Go” shifter and a nitrous button. The Sony AM/FM/CD/MP3 stereo, with remote and rear speakers, is a concession to the comfort expected by modern audiences. A center-mounted fire extinguisher, labeled “Remove Before Flight,” and a racing fuel cell are concessions to modern safety.



Beautifully maintained by Mr. Davis’ staff while in his private collection, this unique “muscle rod” was the first of a planned seven GT500E Convertibles built, but it is the only one actually completed, and it is still essentially a new car. It presents as one would expect a new car should, with perfect paint, chrome, and interior, and the fit and finish of all panels are to showroom standards. Seldom shown in public, it fairly begs to once more make its debut, preferably snarling at one end of a quarter mile.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more