robertlane Posted November 10, 2011 Report Share Posted November 10, 2011 Cobra Beats Value Of Gold Sale of original Shelby by Auctions America demonstrates how its price rose much faster than the gold coins that purchased it 30 years ago. SpeedTV.com - Vintage Staff Auctions America by RM posted $17,248,846 in total sales at its annual Collector Cars of Fort Lauderdale auction event this weekend. The top seller, a barn-find 1963 Shelby Cobra (chassis No. CSX 2080), changed hands for $467,500 and represents a unique opportunity to make a direct comparison between the rise in a collector cars value and that of a traded commodity - gold. READ MORE HERE Link to comment Share on other sites More sharing options...
twobjshelbys Posted November 10, 2011 Report Share Posted November 10, 2011 The original 289 cars are still affordable at 400-500K. They've been holding in this range for a few years. Still quite a jump over what they cost new. Link to comment Share on other sites More sharing options...
Benzito Posted November 11, 2011 Report Share Posted November 11, 2011 What is crazier - staring at a stack of $30,000 in gold coins without spending them or keeping (and not driving) an original Cobra in the garage? Link to comment Share on other sites More sharing options...
SGT/SC#0471 Posted November 11, 2011 Report Share Posted November 11, 2011 What is crazier - staring at a stack of $30,000 in gold coins without spending them or keeping (and not driving) an original Cobra in the garage? Um not driving the Cobra! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.