The upcoming auction featuring Tom Petty’s 1965 Mustang convertible at Bonham’s auction during Monterey Car Week is sure to draw attention from automotive enthusiasts. With an estimated auction value of $25,000-$35,000, this iconic vehicle presents an opportunity for collectors.
Despite the seemingly low estimate, this Mustang holds a unique history as Tom Petty’s personal vehicle for two decades. While the exterior features a classic Rangoon Red finish with a white and red interior, the longevity of Petty’s ownership raises questions about the car’s overall condition. Described as being in “excellent running order,” the Mustang may boast reliability but could potentially require cosmetic restoration.
Beyond the Mustang, the auction includes a diverse selection of over 100 items from Petty’s personal collection. From a Yamaha Grand Piano to an 18th-19th Century painting and a 20th Century Chinese Carved Wood Daybed, there are unique pieces available for bidding. Whether it’s a Recording Console or an Oak Telephone Booth, each item carries a piece of Tom Petty’s legacy.
While the Mustang will be auctioned at The Quail on Friday, the remaining items will be available for online bidding from Aug. 29 to Sept. 10. To explore the full range of items up for auction, interested buyers can view the detailed Bonham’s sale bill for more information.
As the anticipation builds for the auction, the outcome of Tom Petty’s 1965 Mustang convertible remains uncertain. Stay tuned to see how this piece of automotive and music history will fare in the bidding process. The waiting truly is the hardest part in this exciting event for automotive enthusiasts and collectors alike.
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