The HAGI Top Index saw slight gains for the month of December and an overall increase of 9.02% for the year – which was lower than the annual average of 13.5%. As the HAGI Index is assessed in GBP terms, uncertainty and shifts in the
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Classic Car market outlook 2016: Will the bull market turn into a bear market?
Original Article – February 22, 2016 by Allard Ferwerda The fact of the matter is that prices for rare classic cars have been recovering quite impressively since the early 1990’s collapse in the market. We have seen a big rise in prices for these cars: On
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Classic car prices have surged but investing in them is another story
Author of report on classic cars as alternative investment calls sector ‘exceptionally’ complex Original Article – Jul 2, 2015 By Deborah Nason – Investment News It’s that moment many investors have encountered. You pass by the local auto show and there it is: the classic car of
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Monterey Auctions 2013: The Good and The Bad
The world’s greatest collector car orgy took place on California’s Monterey peninsula during the third week in August. Before digging into the gems and lumps of coal, lets make some sense out of the most talked about item of the week-the $27 million NART Spider…
Ferrari 250 GTO sale record at $52M
Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO, owned by American collector Paul Pappalardo, recently sold for $52 million…
The Car That Led Three Lives : 1955 300SLS Prototype
This sleek, light metallic blue roadster has been determined to be chassis 00009/52, one of eight 300SL prototype coupes raced by Mercedes-Benz in 1952. From there it became the prototype for the 300SL Roadster and finally assumed a third role as a mule for the factory’s 300SLS race team in 1957…
2013 London RM Auction Results
No Bond car has ever done anything as outrageous on screen as transform itself into a submarine; none except for this Lotus in the epic The Spy Who Loved Me. Breaking with tradition, Q is never given the opportunity to explain the car’s features to 007. So, when the Lotus is fired off a jetty into the sea, the audience was stunned, and captivated…
Blue Chip Market Update : Prices and Trends
In late April, RM Auctions sold a mint Ferrari 330 GTS for nearly $2 million. One month later a one-off Aston DB4 GT (the very cool Bertone-designed Jet) found a new home for a shade under $5 million, just a couple weeks before a Ferrari 340/375MM sold for $13+ million at Villa d’Este. Then Bonhams blew those prices out of the water when a 1954 Mercedes-Benz W196 F1 brought $29.6+ million, setting a world record price for a car at auction…
David Douglas Duncan and “The Secret SLS”
Prototypes are the products of an intense automotive design process. They are ideas given physical form and meant to test the culmination of those ideas. Most serve their purpose and end as scrap or become forgotten embodiments of a larger production that ends up relegated to a warehouse collecting dust rarely, if ever, to be seen again. Occasionally one is found on flaccid tires, fading away in a dusty, shuttered garage, whereupon aficionados immediately elevate it from “ancient junk” to “treasured artifact.”
1955 Mercedes-Benz 300SLS : Father of the Brood by Winston Goodfellow
This car is the starting point of a multi-generation automotive legend, to which 500,000 cars can trace their genes. It is the 1955 Mercedes-Benz 300SLS and, like most of its ‘children’ — every sporting Merc that has followed — chassis 8427198118/1 is a stupendous drive…
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