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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
A little clarity and definition is needed here.

1. My Dad's generation loved the Classic Packard's etall of their youth. Paul's gen loves the 50's chrome behemoths of the road. The Boomers love the Muscle Cars of the 60's. After each gen passes on the cars of their passions just don't escalate the way they did when the guys started collecting them.

2. The Euro speciality cars have an international following.

3. Classic cars are big ticket items and as such are subject to the whims of INTEREST RATES..how many guys are out there that can pop 250K or more in cash?

4. Cars require space to store, upkeep and insurance

5. Ahhh Spoons don't leak oil and you can put allot of them in a small space called a safe.

6. If U chose right mid priced Spoons can do very well over time. These have a broad base of collectibility.

7, Spoons are now being listed as hedges against inflation for portfolios by the financial gurus. Along with Gold and Silver.

8. Art is in the same league as Spoons. However the mid priced stuff has been languishing since 2003. The big ticket stuff is now moving at record prices. Also a Spoon has utilitarian value Art is more subjective as a collectable and one needs to know someting and have a feel for it.

9. Spoons are easy to value..there are several Blue Books of value and spoons are usually marked as to maker, model, caliber and SN.

10. Spoons are semi-liquid, they move fast at the right price. The idea is to find the deals where upon one has margin so one has the jump on ROI. Then one can give a good price.


THUS: Classic cars Nay, Spoons Yay
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Old 04-28-2011, 03:56 PM
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