Draggin49 a Lead sled Ford coupe or...?
Curious about that...
Also, based on your sporadic mail over 2 years, you appear to be vacillating between holding and selling. So, I'm curious about that. Thats a-ok, its your decision.
But regarding your questions of 'worth' or value, you've had a couple strong, very educated opinions. Pro restorers. Let me add further amatuer opinion, although less established, but based on a very current visit to the big Scottsdale auctions (you'll find posts in Southwest / AZ group below).
RE: Originality. Don't touch it if really factory original. Leave it. Leave everything (for now). There's almost zero value or negative value in paint you will add to the car if intending to sale*. In point of fact, right now the hottest cars in the collector market are untouched original cars, of almost any ilk, in almost any condition. *However, strongly consider getting the car TAC'd, you'll find plenty of info on here. And, consider paying a small fee for an expert to go through the car and make suggestions to pump up the originality as close to stock as possible. They may spot something easy that would light up a buyer's eyes/remove concern about authenticity.
RE: Market. Well, as stated, that's a hard bag. But, my opinion is this. You've waited 2 years to do anything. You're holding an 'investment' property. It's been a great run up in car prices especially over the last 6-8 months (not Tigers, ALL the collector cars). At Gooding, a panel reviewed 10 collector type cars of various price points that they had selected to track, starting in 1997. Out of the 10, 9 had significant increases and 8 had multiples of increases. Example: 65-68 911 SWB coupes. Was: 20~25k. Now more than 150k and they sold a couple nearer 200k (granted, especially nice and ORIGINAL cars.) I looked at 3 of 4 Tigers for sale in AZ. They all sold between $40 and $70k. No cars were original and the $70k looked brand new, spotless, like off a lot...not correct, but very pretty. A number of similar driver cars have been trading between the $30k and $40k mark online. It is likely that a potential buyer on this forum might pay a premium to the online market if they could confirm the originality.
RE: The Cobra. When my dad bought his Tiger it was $3500. The Cobra was closer to $5500. Its as big a difference between a Cayman and a 911 today. So while he and I for sure regretted that $2000 non-buy. We all much more regret the current market prices. That 289 Cobra is likely a $1M+ car. But, many many people can't buy those. If only there were a similar ish car out there at more attainable pricing... ummm...
If you're just looking at value... I'd get it running, TACd and checked over by an expert. Get it insured. Drive it 1X/mo and keep it in the garage.
It's hard to say because as a car guy I'd like to see someone drive it and enjoy it. But, from an investment return standpoint... I see zero reason to sell now. They're not even that "hot," yet... but the momentum seems to be building.