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Hemmings Motor News Blog Blog

Hemmings Motor News Blog

Hemmings Motor News has been around since 1954. We're proud of our heritage, but we're also more than the Hemmings full of classifieds that your father subscribed to. Aside from new editorial content every month in Hemmings, we have three monthly magazines: Hemmings Muscle Machines, Hemmings Classic Car and Hemmings Sports and Exotic Car.

While our editors traverse the country to find the best content for those magazines, we find other oddities related to the old-car hobby that we really had no place for - until now. With this blog, we're giving you a behind-the-scenes look at what we see and what we do during the course of putting out some of the finest automotive magazines you'll ever read.

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Hot Property: How a Stolen 1968 Shelby G.T. 500 Can Become Yours

Posted July 11, 2017 9:00 AM by dstrohl

Insurance can be a tricky thing, especially where something of great emotional value, like a collector car, is concerned. Everyone has a gut opinion as to how things ought to work, in the interest of their own subjective determination of fairness. That’s why we have a legal system – to provide consistent and predictable results. It’s the closest society can get to fairness.

In 1970, Robert Lanyon lived in Sausalito, California. He awoke one February morning to discover his prized 1968 Shelby G.T. 500 missing. He called the police and his insurer to report the theft, and when the car wasn’t recovered, he accepted a settlement based on the value of the car according to Shelby American—somewhere between $3,000 and $5,000 (roughly $19,000 to $31,000 in today’s money).

And more than 40 years later, that Mustang turns up in a traffic stop. So how do you make a stolen classic car disappear?

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