There is NO WAY the car is worth that. And btw I've personally seen THREE Monaco cars, so there are lots of them still out there of the 2,000 built. My guess is anyone who got one took good care of it, so they are still there to be found today. The nicest I ever saw was at a Barrett-Jackson auction in Scottsdale. A primo car, it sold for $26k. Truthfully we all know our cars are often not worth a fraction of what we put into restoring the; it's a labor of love, not profit.
Not sure why Chevelles and Road Runners are worth major $ while the TBirds (and mine draws the biggest crowds at shows) aren't. DON'T PAY THIS FOR THAT CAR.