1968 Shelby GT350 Convertible

1968 Shelby GT350 Convertible – Matching-Numbers Highland Green Rarity with Factory A/C and Extensive Documentation

The 1968 Shelby GT350 Convertible represents one of the most underrated and overlooked opportunities in today’s collector car market. While much of the attention over the past several years has focused on big-block Shelby models such as the GT500 and GT500KR, knowledgeable collectors have increasingly recognized the rarity, drivability, and long-term collectability of the 1968 GT350 Convertible platform. Offered here is an exceptionally well-documented, factory-correct, matching-numbers example finished in highly desirable Highland Green, complemented by a white power convertible top and black deluxe interior. Recently treated to a comprehensive bumper-to-bumper service, it is beautifully sorted and ready to be driven, shown, and enjoyed immediately.

Collector Significance

• One of the most underrated and overlooked opportunities in today’s collector car market
• Knowledgeable collectors increasingly recognize the rarity, drivability, and long-term collectability of the 1968 GT350 Convertible
• An exceptionally well-documented, factory-correct, matching-numbers example
• Finished in desirable Highland Green with a white power convertible top and black deluxe interior
• One of the rarest Shelby convertible production variants ever produced
• Beautifully sorted and ready to be driven, shown, and enjoyed immediately

Factory Equipment & Features

• Original matching-numbers drivetrain
• Factory automatic transmission
• Factory air conditioning
• Power steering
• Power front disc brakes
• Tilt-away steering wheel
• Deluxe interior
• Factory tachometer and gauges
• Power convertible top
• Original Shelby fiberglass components

Restoration & Condition

• Recently completed a comprehensive, multi-thousand-dollar bumper-to-bumper mechanical and cosmetic service, performed through an award-winning, factory-authorized Shelby American dealership facility
• Retains all original body panels and original fiberglass components
• No known rust or accident history
• Restoration completed in 1989, with paint that remains exceptionally attractive today and presents as a solid 8+ quality finish
• Highly impressive overall cosmetic presentation, particularly considering the age of the restoration
• A beautifully sorted, highly presentable Shelby ready for immediate use

Documentation & Provenance

This GT350 is accompanied by an extensive documentation binder, including:

• Copy of the original factory order sheet
• Original window sticker
• Original factory invoice
• Original shipping documentation
• Original Shelby owner’s manual
• Copies of previous titles dating back to the 1970s
• The original build sheet
• Shelby American Automobile Club (SAAC) Registry documentation

According to the accompanying records, this GT350 Convertible was originally shipped to Morristown Auto Sales in Morristown, New Jersey, in May 1968.

Model Background & Market Perspective

The 1968 model year marked a significant evolution for Shelby American automobiles. Carroll Shelby’s relationship with Ford had matured into a more production-oriented partnership, bringing increased refinement, comfort, and broader market appeal while preserving the aggressive styling and performance that made Shelby Mustangs legendary. By 1968, Shelby production had moved from California to the A.O. Smith facility in Michigan, where vehicles received their unique Shelby modifications after leaving Ford’s Metuchen assembly plant.

The 1968 models introduced:

• Revised front and rear fiberglass treatments
• Sequential tail lights
• Integrated roll-bar styling
• Functional scoops
• Numerous luxury-oriented features not commonly associated with earlier Shelby models

While the GT500 and GT500KR featured big-block powerplants and have historically garnered most of the attention, the GT350 offered a significantly more balanced driving experience. Powered by Ford’s high-revving 302 cubic-inch V8, the GT350 delivers excellent drivability, improved weight distribution, easier serviceability, and a more nimble overall character. Many seasoned collectors now prefer these dynamics over the heavier big-block cars.

The production numbers tell a compelling story. For 1968, totals included just 404 GT350 Convertibles, compared to 401 GT500 Convertibles and 517 GT500KR Convertibles. Despite production virtually identical to the GT500 Convertible and significantly lower than the GT500KR Convertible, the GT350 Convertible continues to trade at substantially lower price points — creating what many believe to be one of the strongest value opportunities in the vintage Shelby marketplace.

Over the last several years, the collector car market has shifted toward authenticity, drivability, documentation, and overall ownership experience. Buyers increasingly prioritize well-documented, properly sorted cars that can be enjoyed immediately without extensive recommissioning. As a result, high-quality GT350 Convertibles have continued to gain traction, while examples requiring restoration or lacking documentation have remained stagnant. Properly restored, highly documented, matching-numbers examples like this one continue to perform well and attract knowledgeable buyers.

The Driving Experience

• The high-revving 302 cubic-inch V8 rewards the driver with crisp, eager response
• Improved weight distribution and a nimble character make it more engaging than the heavier big-block cars
• Easier serviceability adds to the long-term ownership appeal
• Factory air conditioning, power steering, and power front disc brakes deliver comfortable, confident drivability
• Drop the power top and enjoy open-air motoring in one of the rarest Shelby convertibles ever built

Ownership Opportunity

At an offering price of $147,500, this GT350 Convertible represents an exceptionally compelling value in today’s Shelby marketplace. Its combination of:

• Matching-numbers status
• Extensive documentation
• Desirable color combination
• Factory air conditioning and factory automatic transmission
• Original body panels and fiberglass
• Strong cosmetic presentation
• Recent comprehensive mechanical sorting
• SAAC Registry status and documented provenance

…creates a highly attractive ownership opportunity. This is not simply an investment-grade Shelby Mustang — it is a highly usable, enjoyable, and increasingly difficult-to-find example of one of the rarest Shelby convertible production variants ever produced.