I don't put much stock into auction sales as they generally do not reflect the true market. (Although brokers would argue that.

Anyway, it got me thinking...
Many cars have that "high water" mark that others are compared to. Shelby's have "R" models etc, Is a Cobra a 289 or a 427 etc, Boss cars seem to be 429's...
See where I am going here?
Is there a high water mark for K codes?
I thought for a while about including concours cars versus others but in reality, the cars are the same it's just the amount of money poured into them that stands apart.
Also, while on the subject, if some of these K cars are getting that kind of coin, where does it push cars like the Perkins 4,000 mile K code non GT FB or the Florida 13,000 mile K code GT FB (both with significant provenance and originality) up the value ladder?
Does the stigma of "it's not a Shelby" limit these cars to always be below that market?
Thoughts?
JP