The Auction
#1
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Someone paid $77,000 for a restored red ‘64 coupe. G&W has a red ‘64 SC coupe with 34,000 original miles for $46,500. Restorations are worth more than cars in good original condition?
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#2
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if you're talking about the Barrett-Jackson, many prices don't make sense there. It really depends on who's in the audience and has a bidder paddle :-)There was a beautiful 63 S Sunroof coupe that went for $41k yesterday - probably 1/2 what the resto cost. Tonight's update said a 55 Speedster brought $125k, and that seems about market valve.
#4
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no doubt! Some early Beetle convertibles brought more than that too - it really depends on who's in the audience, and how many beverages they've had!!
still wonderful entertainment - the only "reality tv" that I watch
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still wonderful entertainment - the only "reality tv" that I watch
#5
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it looks like really nice old VWs may be the new new thing!
fully restored cars will often go higher than originals at an event like this - investor-speculators may prefer a finished car (a known quantity) to one that might need future restoration (up to 6 figures). they leave the survivors / one-owners / originals to the enthusiasts.
I can't believe the AH 3000s are going higher than XKEs! a friend sold his Jag out there & another is watching the Porsches closely (not many, though).
BJ reflects market demographics, fads & froth... and the influence of alcohol on judgement. I have never seen so many middle-aged, overweight white guys under one tent in my life! Looks to me that all the values are flattening out - w/ so many resto-mods and shop-built muscle cars making cars, perhaps market demand is getting met - not as many deals, not as many surprises. Lotsa beautiful 50s & 60s Detroit iron & chrome though!
fully restored cars will often go higher than originals at an event like this - investor-speculators may prefer a finished car (a known quantity) to one that might need future restoration (up to 6 figures). they leave the survivors / one-owners / originals to the enthusiasts.
I can't believe the AH 3000s are going higher than XKEs! a friend sold his Jag out there & another is watching the Porsches closely (not many, though).
BJ reflects market demographics, fads & froth... and the influence of alcohol on judgement. I have never seen so many middle-aged, overweight white guys under one tent in my life! Looks to me that all the values are flattening out - w/ so many resto-mods and shop-built muscle cars making cars, perhaps market demand is getting met - not as many deals, not as many surprises. Lotsa beautiful 50s & 60s Detroit iron & chrome though!
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Originally Posted by ked
.....I have never seen so many middle-aged, overweight white guys under one tent in my life! Looks to me that all the values are flattening out.....
That was my EXACT THOUGHT also!
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LOL......
When reading the above (shown in quotes) I saw FATTENING OUT not flattening out........ Watching all those middle aged overweight white guys spending big bucks on all those cars has done some damage to my eyes!!!
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JoAnne
PS: There are many more Porsche's / Euro cars are sold at the R M Auctions. Too bad that isn't also televised.
#7
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Jo, thats where youre wrong! RM is televised on ESPN Classic (the main announcer/host sucks and he speaks like he is talking to little kids or idiots), but the main guy on the floor is the one and only Alain DeCadinett ![Big Grin](https://rennlist.com/forums/images/smilies/biggrin.gif)
http://en.wikipedia.org/wiki/ESPN2_Garage#Programs
thanks for the email, glad to see you guys enjoyed California and got a new toy. Love the new pic
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http://en.wikipedia.org/wiki/ESPN2_Garage#Programs
thanks for the email, glad to see you guys enjoyed California and got a new toy. Love the new pic
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Originally Posted by hoffman912
Jo, thats where youre wrong! RM is televised on ESPN Classic (the main announcer/host sucks and he speaks like he is talking to little kids or idiots), but the main guy on the floor is the one and only Alain DeCadinett ![Big Grin](https://rennlist.com/forums/images/smilies/biggrin.gif)
http://en.wikipedia.org/wiki/ESPN2_Garage#Programs
thanks for the email, glad to see you guys enjoyed California and got a new toy. Love the new pic![Smilie](https://rennlist.com/forums/images/smilies/smile.gif)
![Big Grin](https://rennlist.com/forums/images/smilies/biggrin.gif)
http://en.wikipedia.org/wiki/ESPN2_Garage#Programs
thanks for the email, glad to see you guys enjoyed California and got a new toy. Love the new pic
![Smilie](https://rennlist.com/forums/images/smilies/smile.gif)
Is it on this year? It was on last year, like for a half hour or hour or something like that. Very Disappointing. I don't even think it was live.... was it?
The new "TOY" should be here tomorrow. The Intercity Truck has been stuck in the Ice Storms, just like we were.
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JoAnne
BTW:
YOU ARE WRONG!!!!!
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ESPN Classics is showing the R M Auction that happened in MONTEREY, CA. (according to your linky) Not in the one that is going on right now at the same time as BJ in Arizona.
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Originally Posted by kcwsJim
sorry for the hijack - JoAnne do you have a 993 now?
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I'd say our garage is now complete.
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LGC: Tell us more about the Ponder collection sale.....
HARRY: Yup, RM is also in Phoenix right now.
JoAnne
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Originally Posted by ked
............as long as you're staying in Ark, at least you can get away quickly.
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Back to discussing the Auction......................
JoAnne
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Originally Posted by LGCs
Very nice garage!
What are your plans for the 993?
Here's a link to some pictures and info about Ponder.
http://www.astreetrodder.com/gpcollection.htm
It's only an hour from here so I thought it would make a nice day trip if the weather is nice.
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Here's a link to some pictures and info about Ponder.
http://www.astreetrodder.com/gpcollection.htm
It's only an hour from here so I thought it would make a nice day trip if the weather is nice.