Thread: Barret-Jackson

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I'm only catching bits and pieces of it, but agree, it appears prices are up a bit, though older body style rods still appear the softest unless they have something special going for them. Trucks look to be strong.

I caught one segment where the talking heads were commenting about the big dollar classics being back. BJ used to be almost entirely those kinds of cars back when. In part the buying market evolved which reduced the number of these marvelous cars offered, and, I suspect, many of them landed in museums where they didn't find their way back out onto the market as often, or when they did, they traded hands directly through networking. But then later, I heard the voices say that the all "No Reserve" restriction had been dropped and that some of the cars later in the week would be crossing the stage with a reserve on. AHA! THAT's what probably brought the high dollar classics back.................the chance to protect from a downside risk.

Originally Posted by Bob Parmenter

I'm only catching bits and pieces of it, but agree, it appears prices are up a bit, though older body style rods still appear the softest unless they have something special going for them. Trucks look to be strong.

I caught one segment where the talking heads were commenting about the big dollar classics being back. BJ used to be almost entirely those kinds of cars back when. In part the buying market evolved which reduced the number of these marvelous cars offered, and, I suspect, many of them landed in museums where they didn't find their way back out onto the market as often, or when they did, they traded hands directly through networking. But then later, I heard the voices say that the all "No Reserve" restriction had been dropped and that some of the cars later in the week would be crossing the stage with a reserve on. AHA! THAT's what probably brought the high dollar classics back.................the chance to protect from a downside risk.

Well, you have to remember that Magnante is (or was) a judge and Pebble Beach and a couple of the other Concours type events....He never misses and opportunity to promote the 100% as it was built philosophy.... Suppose it helps getting hired on as a judge for the purist events???? I of course sent my annual email to Speed and Barret-Jackson to let them know what I think.... Won't do any good but, oh well!!!! If wonder boy Steve had his way, it'd be all Duesenbergs, Cords, and Rolls Royce---you know, them "proper" cars... I guess folks with no imagination need there interests, too.

Haven't seen much of the tube coverage but it seems prices so far are all over the place. Guess we'll see for sure the strength of the market when the big boys and pick of the litter cars hit on Friday and Saturday!