Auctions turning their attention to collectibles from the 1980s - INAUTONEWS

According to the latest study done by auction experts Hagerty Insurance in Traverse City, Michigan, which have an extensive classic car database, the so-called “youngtimers” (aka modern classic cars) from the 1980s and 1990s are soaring in... They researched this year’s auctions, among them the prestigious and important Gooding & Co. , RM Sotheby’s, and Bonhams auctions surrounding Monterey Car Week and came up with this interesting conclusion. And they were also the largest volume increase group across the board, jumping to more than double to what was on offer in Monterey back in 2014. Meanwhile, their peers from the ‘90s had the largest surge in the median sale prices, jumping 188... Fashionable youngtimers include the Chevrolet Corvette, Ferrari Testarossa and Porsche’s 911 series – but even models such as the Ford Mustang Convertible had their place on the floor. Collectors aged 30 to 50 had Porsche total 23. 5 percent of their queries, while the second most popular brand name was Ford, with 18 percent. Source: www.inautonews.com