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The 1967 Shelby GT500 is undoubtedly the most desirable production Mustang in the world. A well done recreation of this car, or clone will usually cost between $50,000-$80,000. A genuine example would bring at least $200,000+.

If you want a real Shelby, you should know that 1968 and newer GT500s are significantly cheaper than 1967 models because more were made. You can also get a replica of the Gone In 60 Seconds "Eleanor" car for around $70,000.
 

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A decent one is going to cost between $50,000 - $75,000. Even more if you find one that has been professionally restored or in mint condition.

The cheapest one on EBay right now is $51,000. It is doubtful that this car has met its reserve price. I expect this to go a lot higher before the bidding is over. They have one with a "Buy it now" cost of $219,900. I expect this to be more typical of the cost of a decent 67 Shelby.

I have seen these sell on Barret Jackson for close to $1,000,000
 
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