Shelby and Ford Motor Company’s partnership has resulted in some of the most iconic sports cars ever produced. Shelby and Ford’s latest creation and tribute to original GT350 that was first produced for the public in 1966—the 2011 GT350—is set to go for auction to the general public in the first week of April.

Collectors around the world have long placed added value in unique production numbers, and it will likely be no different with the 2011 Shelby GT350 Mustang as the automaker has announced that it will be auctioning the 2011 Shelby GT350 wearing serial number 350.

The serial number won’t be the only thing unique about the GT350 Mustang up for auction—the car itself doesn’t even exist yet, and 2011 Mustang production is set to begin around the same time as the Barrett-Jackson auction. At the auction, bidders will be getting rights to the serial number 350 car, along with the ability to order the car with options of their choosing. In fact, all 2011 Shelby GT350 Mustangs can be custom ordered, with dealers being able to drop-ship a Mustang GT of a customer’s choosing for aftermarket retrofitting of the complete GT350 package—making it a legitimate and serial numbered car.

“Because 2011 Ford Mustang GT production will begin about the same time as the auction, we’re going to sell the rights to the serial number 350 car,” added Barrett-Jackson president Steve Davis. “The GT350 will be built in Las Vegas when the base car becomes available and include a host of important options. In addition, Carroll said that he will personally drive the car before it is delivered to the lucky bidder at the Shelby American factory. This will truly be a special, milestone collector car.”

The 2011 Shelby GT350 Mustang will begin as a 2011 Mustang GT. It will be powered by a naturally aspirated 5.0-liter V8 that is good for 412 horsepower and 390 lb-ft of torque. Once at the Shelby facility, it will undergo an extensive transformation that includes the addition of a Ford Racing Whipple Supercharger, 3.73 rear axle, custom Shelby-Borla center-exit exhaust, Shelby-Ford Racing suspension, Shelby-Baer 6-piston front brakes with 14″ Eradispeed rotors, a functional hood scoop, unique front and rear fascias, side skirts, custom gauges, and countless unique Shelby-badged parts under the hood, inside the cabin and around the exterior of the vehicle.