TO BE SOLD AT AUCTION. JUNE 22ND IN ST. PAUL, MN. An excellent older restoration that shows very well. Powered by a 352 V8 Thunderbird Special engine with an automatic transmission. 1959 was the first year for the Galaxie model and only year Ford used the designation Fairlane 500 and Galaxie for the same model. The name was used for the top models in Ford's full-size range from 1958 until 1961, in a marketing attempt to appeal to the excitement surrounding the ‘Space Race'.