Collecting, Investing- Hypothetical ?

[ullmandds]

Originally Posted by iwantitiwinit

No doubt it's autos but you need to buy something higher grade than 50k will get you. There simply aren't enough older fine automobiles available and there is too much money chasing them. Think about how fine the machining and mechanicals are on many of the higher end names, Ferrari, Lambo, Mercedes, BMW, Porsche, etc. When there are a few tens of thousands of individuals worldwide with fortunes over 100 million and many with much more, cars with low production have to increase. Heck good luck buying a DB5, one billionaire has decided to buy every single one that comes to auction, he has decided not to be outbid period. I think he has over 200 in his collection now. My pick is a 1973 BMW 3.0 CS with Euro style bumpers, not as flashy as the 3.0 csi. Nice examples can be had for 60-70k sometimes less though a concourse example will cost u 150+. These will appreciate significantly in my opinion.

i've always loved the 3.0 cs/csi's. I've been following them since you could get a decent copy for under 10K...those days are long gone!!!!!

[griffon512]

Documents signed by iconic historical figures. If there was more widespread standardization of auto grading on these documents and a population database/price guide for auto grades this market would completely take off.

People chase high grade comics, stamps, coins, and cards. They would do the same for high grade autos of Lincolns, Washingtons, Jeffersons, Franklins, etc.