the original 1937 Mercedes-Benz 540 K Spezial Roadster sold for $ 9,700,000 (USA) at the auction house during the Monterey Car Week 19th August and 20 2011 establishing a new world record for the Mercedes-Benz sold at auction.
Complete Photo / Photo suppliesreadability = ?164?> pubDate Classic cars joined the old masters, Faberge eggs, and gold hedge against adverse financial market uncertainty .
of the world?s leading classic car sales, which took place earlier this month in the car week in Monterey, California, a record price of $ 16,400,000 (USA) Testa Rossa Ferrari 1957 offers Auctioneer & Gooding, Co.previous high Founded in 2009, Testa Rossa, the same year, sold $ 12.2 million (U.S.).
car auction in Monterey has creampuffs Chatham, ONT. RM Auctions to sell the silver 1937 Mercedes-Benz 540 K Spezial Roadster for $ 9.7 million (U.S.). Historic Automobile Group International, a British-based research firm, says that veterans of the comparative index of the Top 50 was an exceptional 10.05 percent this year. This is only slightly less than 12 percent average annual increase in 2008 before the financial crisisSince then, the market is divided into two, experts say.
rare and perfectly preserved classic, ?go to the moon in the price,? says RM Auctions founder partner Dan Warrener. He says he is driven by the values ??of the sky, ?people who have tangible assets of the current market.? But the more prosaic collector car values ??are not going well. Warrener tells how the fifty 1967 ?big block? Chevrolet Corvette roadster sold at auction for about $ 125,000 between 2006 and 2007. ?Today we sell 25 to 30 per cent lower, with few exceptions,? he adds. This is just a matter of supply. Peter Klutt Halton Hills-based president of the collector-car dealer, MOTORCAR Legendary Company, says it is ?a big car, not the high-end car,? which is the best investment. to get top dollar, ?This must be the right color, the right choice and had to re-use,? said Klutt. Torontonian John Ogden, a British car enthusiast, whose personal Concours amount includes the award-winning Austin Healey 1964 and 1950 Jaguar XK coupe aluminum body sb?ratel among her six cars, said the entry-level investors would be $ 2,000,000 as the default number. Maintenance and repairs can be costly as well. Warrener explains that it is common for owners to spend $ 500,000 to restore the highest railway car. Cheaper cost of money in a classic. ?I spent $ 14,000 on paint alone two years ago,? he told the Austin Healey Odgen now worth $ 65,000. On the other hand, Ogden says that this is not a problem to provide spare parts and service for the more popular classics, and insurance rates tend to be reasonable. But you know what you?re doing. ?There is no point looking at any car until you?ve done your homework on the model. There are too many cars out there with different problems and different things to watch,? writes Singhampton, ONT. vintage car expert Allan Lewis. The main thing is that most collections, because they love their cars more than a dollar. Most people are shelling out millions of shiny classic ?real owners of a collector,? says Warrener. Last year, graduated from the classic car trip to Colorado Rocky Mountains, where Wal-Mart heir Rob Walton and his wife came to $ 15000000 Ferrari. ?125 cars, at least 30 more than $ 1 million,? says Warrener. car star Peter Klutt 1958 Dual Ghia Convertible -. ?One of only 117, and one of only two built without tailfins,? he explains obvious enthusiasmsold for $ 7,646 a car, when new, which is about $ 75,000 in today?s dollars. Klutt is convertible sterling price of $ 275,000.
?When we have a personal interest in the car, it?s easier to buy and sell,? he adds. Or, as Ogden says his Austin Healey, ?I want to watch it.? It can be said is the art collector of old masters paintings. files with Bloombergmultiplication games lenny kravitz bethenny frankel burberry burberry physics games physics games
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