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JohnnyRingo

(19,947 posts)
2. Alas... this is the fate of most great collections.
Wed Feb 6, 2013, 01:59 PM
Feb 2013

When the collector gets old and land in Sunnyside Acres, the heirs decide they don't have the passion the old man had, and the cars go to auction. Unfortunately, many unique cars disappear from the public eye forever, or until that collector ages.

The cycle does repeat itself endlessly though, as new collections are spawned all the time. At least you can flip through that interactive catalogue to your heart's content. Meanwhile, please stay away from The Peterson Museum in LA. LOL


On edit:
I think saw online pix of that "57 Heaven" collection from an email and it was indeed a treasure. Unfortunately, people seem to buy what they wanted to take to senior prom, and those Tri-Five collectors are getting the keys taken away by their kids by now.

We saw the rise in '60s muscle cars as the Baby Boomers began inheriting the estates of The Greatest Generation a few years ago. When the economy crashed, many buyers had a choice between keeping their McMansion or that half million dollar Hemi Challenger in the garage, and they flooded the market with many cars that probably shouldn't have been restored in the first place. Blue chip examples will always be valuable, but I doubt the market bounces back in time for Baby Boomers to buy again.

What I always wondered, is what will the Gen-Exes buy? Will it be Chevettes and tuner Hondas? Will they have the means when they inherit the Baby Boomer's lesser fortunes to buy an old car? Do they care?



Recommendations

0 members have recommended this reply (displayed in chronological order):

I'm a jinx! FredStembottom Feb 2013 #1
Alas... this is the fate of most great collections. JohnnyRingo Feb 2013 #2
I guess you are right, Johnny. FredStembottom Feb 2013 #3
Great questions! FredStembottom Feb 2013 #4
Adam Cramer, a bike builder from Philli says it best, I think: JohnnyRingo Feb 2013 #5
I have no idea really. FredStembottom Feb 2013 #6
Since you were interested in the microcar museum... JohnnyRingo Feb 2013 #7
Latest Discussions»Culture Forums»Automobile Enthusiasts»Mecum Auctions to sell en...»Reply #2