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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
The question becomes will the Collection Bubble burst. Unusual things of merit such as Art (perhaps stamps) will always be a store house of value as there is as perceived cultural value to them. Other things like coins have an intrinsic value as well as historic value to them..they are spendable for the most part. Spoons have a UTILITARIAN VALUE, they can shoot you dead as well as have historic value.

The top end of the car heap is considered to be rolling art... a Ferrari GTO, 275 GTB a Porsche LH 911S etc has transcended the utilitarian value as has the 30's classics...they have become historical cultural icons reflective of the time that they were mfged. Same with Spoons..a Colt Walker or Henry rifle is a piece of American history. Henry #1 was presented to Lincoln and is in the Smithsonian Institution. Henry #6 which was presented to Gideon Wells Sec of the Navy under Lincoln sold in 2000 for 675K...a billionaire bought it as he was buying/collecting the best of the best. A Colt Walker sold in 2008 for 1M.

I believe that this sort of item will virtually always have a trade-able value. As such with all the newly printed liquidity sloshing around that it has to go somewhere, and since traditional investments have now become suspect as to their sustainability, liquidity is moving into hard non traditional assets. It has become a hedge against future uncertainty. Also to be factored in is that where else can you park money when traditional assets are under performing or you need to diversify because of risk (eggs all in one basket).

Low end anything except spoons and precious metal anything because of their utilitarian value might as well be burned if push comes to shove.

As for the early S cars they are NOW BEING RECOGNIZED AS BEING SPECIAL. People who were into them have recognized it forever, it has now become a general awareness. Their time has come and there is NO GOING BACK. Values may dip or plateau for awhile but they will have a continued upward trajectory. Early Ferrari's in the mid 80's hit that awareness factor.
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Old 07-16-2018, 12:54 PM
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