If you listen to the politicians, they will tell you that the economy is recovering, albeit slowly. If you look at the muscle car market, the economy appears to be booming with all of the top-shelf, high-level cars that have come up for auction recently. This 1970 Ford Mustang Mach 1 Super Cobra Jet is coming up for auction by the Vicari Auction Company during their 16th annual Biloxi Auction, Oct. 12-13, 2012, at the Mississippi Coast Coliseum & Convention Center in Biloxi, Mississippi. The auction takes place as part of the “Cruisin The Coast” event that is held from October 7th-14th and will be part of an auction with more than 400 other cars crossing the block.

Left, the 428 Super Cobra Jet engine put out an underrated 335 horsepower from the factory. Middle, the interior of this machine houses a Rim-Blow steering wheel and console-mounted shifter. Left, the shaker scoop on the Cobra Jet mill was designed to allow fresh air into the 735cfm Holley four-barrel. Photo Credit: vicariauction.com

In 1970 there were only 857 Mach I vehicles equipped with the 428 Super Cobra Jet and Drag Pack. Fifty of them ended up with the hue sprayed on this car – Bright Gold Metallic. Of those 50, this car is one of only two produced with the 4.30 Drag Pack rearend, and the only one to wear power front disc brakes – an oddity in those years which makes this car very valuable. The car is optioned with an AM radio, competition suspension, color-keyed racing mirrors, console-mounted shift lever, rim blow-deluxe steering wheel, instrument gauges, rocker panel moldings, rear deck lid tape stripe, deep dish sports wheel covers and color-keyed carpeting. With only 26,361 miles on the odometer, the car has been maintained well over its lifetime although we’re not sure why they didn’t vacuum up the pebbles before taking the interior photos. “This muscle car is a Mustang collector’s dream come true as it’s not only very rare, but it has been maintained in museum-like quality,” said Pete Vicari, president of Vicari Auction.