This Week’s Auction Features a Rare and More Spirited Version of the Model with the Enthusiast-Favorite GT and M-code Additions, One of 1,127 Built in This Configuration. Early imported to Sweden, this car has had few owners since and comes with thorough documentation.
The “M-code” refers to a specific engine configuration in the Mustang lineup. The 1969 M-code models featured a 351 V8 with a four-barrel carburetor, delivering 290 horsepower. It was a mid-range option between the standard engines and the more powerful 428 Cobra Jet variants. The combination of power and manageable handling made the M-code appealing to enthusiasts seeking performance without stepping up to the more extreme versions.
The GT package brought improvements like dual exhausts, upgraded springs and shocks, and a sportier interior. Externally, GT models were distinguished by specific badges, stripes, and GT emblems on the hubcaps. Although the model began to lose popularity in favor of the newer Mach 1 and Boss variants, a Mustang GT M-code is now a more sought-after car among collectors. It represents an era when Ford sought a balance between aesthetics and performance, and the M-code engine gives it a special place in Mustang history.
Details of the Auction Car:
This car comes with documentation from the renowned Ford enthusiasts’ source, Marti Auto Works. A Marti Report outlines the car’s full original specifications and delivery history. This particular GT was delivered to its first owner through Lucan Motor Co Inc. in Burlington, New Jersey. The document confirms it as a GT M-code with a four-barrel 351 engine. It was also delivered as a “Triple Black,” meaning black exterior, black interior, and black convertible top.
In 1975, the car was imported to Sweden, likely by Haga Bilforum AB in Stockholm, according to the documentation. After a few years in Stockholm’s American car scene, it ended up in Luleå in 1977 with a father and son who restored the car between 1977 and 1987 (it was registered as off-road during this period). Through an intermediary in Luleå, the Mustang made its way to Stenungsund in 1991 for a summer fling with owner Carina. Later that fall, the current owner purchased the car and has since driven it an average of 10 km per year.
The most recent, and final, inspection was conducted on May 22, 2017, where the car was approved before the new regulations were introduced on April 20, 2018.
Read more about the car here: Ford Mustang GT Cabriolet 351 cui M-code — 1969
The auction ends on 30/1 at 10:00 AM – Don’t miss out!
