If you want to start out in 1st gear, position the shifter at the green dot (2nd position).
Ford abandoned this scheme in the 1967 model year, but occasionally a later-model bezel (the chrome piece that holds the shift lever to the floor) will be matched to an earlier model transmission, or the valve body in the transmission itself may have been changed.
See the discussion C4 Tranny ?? on the Vintage Mustang Forum.
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