While the visitors will feel they should have won the match comfortably, given the fact they dominated for long periods, Shrewsbury secured a share of the spoils through a late Colin McMenamin header - this cancelling out an excellent first half strike from livewire Wycombe forward Nathan Tyson.
In truth this encounter was a tale of two goalkeepers. Shrewsbury's teenage 'keeper Joe Hart - called into the England U-19 squad last week for next months' international fixtures - single-handedly kept John Gorman's men at bay with a series of superb saves, but his opposite number, the experienced Frank Talia, was badly at fault for Shrewsbury's equaliser, this after a largely quiet afternoon for the former Swindon Town man.
Following their excellent extra-time Carling Cup victory over Brighton in midweek Shrewsbury began confidently and it needed a last ditch tackle on Mark Stallard to prevent the Shrews striker scoring against his former club - and they went closer still when McMenamin beat the visitors' offside trap only to steer the ball against a post with Talia beaten.
But, as the half unfolded, high-flying Wycombe came into the match and, prompted by veteran former England international Rob Lee, began to take control.
And, although Hart saved superbly from Kevin Betsy, they went ahead on 32 minutes when the highly-rated Tyson fired in his sixth goal of the season - cutting in from the left to score with a fine low, angled drive that went in off the far post.
In the second half Hart excelled himself when saving again from Betsy and Tommy Mooney and, such was Wycombe's dominance, it took Shrewsbury until the 80th minute to register their first on-target effort of the second half - but three minutes later they were to grab an unlikely point.
Shrews' substitute Jay Denny hoisted a cross high into the six yard-box and, although Talia appeared to have it covered, he allowed McMenamin to out jump him and nod home from four yards.