Looks like a very nice driver.
Not sure about the price - the same car was on Ebay about 5-6 weeks ago and only made it to $4500 - which was more than the reserve - I'm guessing the buyer couldn't come up with the money. Certainly if somebody wants a reasonably tidy '66 convertible, it's worth looking at.
If only it was a '64 or '65 model I would have bid on it myself. If anyone knows of one in comparable condition, please let me know.