69 Formula S bids up to 82,000

There were no M-code convertibles.

And all M-codes are automatics.

The 340 4spd convertible is rarer that an M-code. And the paint color is pretty uncommon also. And a desirable color too.

But... rare does not always mean it's a desirable as other cars.
no arguments from me there, i was just trying to point out that there are legit well restored cars in that number bracket.

and yeah, 100% that rare does not always mean desirable and expected to bring big money!