« Reply #29 on: February 16, 2013, 11:34:41 am »
Is the Messechmitt/Issetta price war still set to kick off one wonders.....
The Pel P50 is still the highest-grossing car so far.....
All this proves to me is that the majority of high value buyers are not/will not drive the cars and are buying from the point of view of visual and stylistic reasons not collectors or drivers motivations. The collectors are coming in underneath to clean up the left overs. This is exactly as expected and matches what happened at Christies. Bruce has done wonders with the publicity so the only people who do not know the auction is on live on several Andermman Isles, central New Guinea and deep in the Amazon basin where they are more interested in eating the neighbours. As at Christies a lot of owners will be running around thinking their cars are suddenly worth a fortune forgetting that these prices are part of what is the occasion and in most cases unrepeatable in a single private sale. That and it is clear the bling factor is important. Good job as the collectors are able to have a go at some of the more original stuff that looks a bit scruffy.
I am glad I bought my Schmitts and stuff when I did. From here on it is all getting to expensive to be worth it for the ordinary punter sadly. No doubt a lot of new folk will be interested and much education will be needed to re-stabilize things a bit. Until then a few mistakes will be made and there could be tears before bedtime. I predict it is a good time to move into the USA and become a restorer/dealer in these cars, make a killing and vanish. Any takers?
I await to see if my other suspicions are proved correct as until the dust settles all is speculation in absence of full facts.
Glad Stuart is enjoying the show. The Murray Walker of the underpowered bollide.
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Messerschmitt set, Goggo Darts, Heinkel 175, Fiat Jolly, Autobianchi, Fairthorpe Electron Minor, Borgward, Isuzu Trooper
Citroen BX 17TZD & GTI 16v
Held - MG Magnette ZB & 4/44
For sale - Vellam Isetta, Bamby, AC Type 70, Velorex, Church Pod, Reliant Mk5, KR200, Saab 96, Bellemy Trials, Citroen BXs