Antique & Classic Cars Blog
Classics Prices Still Solid at Big Auctions
Tuesday, January 27th, 2009Sports Car Market posted on all the big recent auctions in the south, which demonstrate that at least at these venues, prices are holding.
RM attracted record bidders and made over $18 million; Russo and Steele moved $17 million; Kruse saw $4.6 million in action, Gooding $32 million, and Barrett-Jackson had sales of $60 million (according to SCM).
The fact that something in the economy is posting good numbers is encouraging–though it probably means the $10,000 genuine Cobra many of us daydream about…ain’t happening.
MotorMouth Kris Palmer, freelance auto writer and editor, blogs about vintage cars, the collectible auto scene and just about anything else that goes vroom.
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