Originally Posted by maxxm
Some serious collectors with lots of cash, and some dealers/speculators hoping to find bargains they could resell. As you know, last year's high sale was $5.5 million, and this year's was only $1.6 million. The gossip on the street was that prices were down between one-third and one-half compared to the past two years. That's what general economic uneasiness will do to this kind of discretionary market....
I'm new to knowing about BJ (Barrett Jackson that is...) so I was not aware about last year's $5.5 mill sell. I did notice that there were a lot of disappointed sellers. Especially the guy who said he had put over 6,000 hours into the restoration.
And that '66 one of a kind Italian designed vette that went for $1.6 mill? I'm sorry, but that thing was...well let me just say UGLY.