Vintage cars have risen 185% in value over the past decade, outstripping the growth of luxury rivals wine, watches and art, and ranking second only to rare whiskies, according to Knight Frank's 2023 wealth report.
As per REUTERS
- Thread starter nyccsi
- Start date
Interesting.
The rough numbers for an E9 I think are 30x the 1972 new car price for a really good condition car today.
A steel Rolex Daytona from that era has gone up 150x, but a nice gold Omega from the 50s has done maybe 10x.
The lesson is that the potential appreciation is great if you know what to pick. The famous notion that predictions are hard especially about the future...
The rough numbers for an E9 I think are 30x the 1972 new car price for a really good condition car today.
A steel Rolex Daytona from that era has gone up 150x, but a nice gold Omega from the 50s has done maybe 10x.
The lesson is that the potential appreciation is great if you know what to pick. The famous notion that predictions are hard especially about the future...
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It’s all good, but it may be time to put your money where your whiskey is. 
“ Forbes reported just last December that the “benchmark index of rare whiskies” recorded a whopping 564% increase over the last decade.”
uproxx.com
“ Forbes reported just last December that the “benchmark index of rare whiskies” recorded a whopping 564% increase over the last decade.”
Two Whiskey Pros Explain Investing In Whiskey For 2023
Two whiskey experts talk with UPROXX about how whiskey became a massively popular investment and where to start your own investment journey.
uproxx.com
BTC is up 330,000x lifetime
How many times have we heard a story of, I had ( insert X collectable), wish I still had (whatever) it would be worth ( $$$) now.
Keep in mind rarity of something does not make it inherently valuable.
Example: The 1914 KisselKar 4-40 Touring my grandfather bought in 1959 is 1 of 2 in in existence. Very few people even know about them. There are reliable estimates that there are around only 250 Kissels left from 1906-1930.
The 1933 Packard Twelve Convertible Coupe Roadster which was a partial trade for the one off 1932 Packard Twin Six Dietrich Convertible Victoria he bought in 1963 for $4500 it's true value is now inestimable now owned by Chip Connors. Reliable estimated there are 256 1933 Packard Twelve Convertible Coupe Roadsters accounted for.
Watches are a similar sort of thing, Rolex & Patek Philipe are the two most popular. My 16550 Explorer II is an early Cream "rail dial" meaning the Superlative Chronometer type is centered on the space of Officially Certified. Bought it new when I was 17 & still in high school. I have a few more watches now yet they are not as rare.
Keep in mind rarity of something does not make it inherently valuable.
Example: The 1914 KisselKar 4-40 Touring my grandfather bought in 1959 is 1 of 2 in in existence. Very few people even know about them. There are reliable estimates that there are around only 250 Kissels left from 1906-1930.
The 1933 Packard Twelve Convertible Coupe Roadster which was a partial trade for the one off 1932 Packard Twin Six Dietrich Convertible Victoria he bought in 1963 for $4500 it's true value is now inestimable now owned by Chip Connors. Reliable estimated there are 256 1933 Packard Twelve Convertible Coupe Roadsters accounted for.
Watches are a similar sort of thing, Rolex & Patek Philipe are the two most popular. My 16550 Explorer II is an early Cream "rail dial" meaning the Superlative Chronometer type is centered on the space of Officially Certified. Bought it new when I was 17 & still in high school. I have a few more watches now yet they are not as rare.
Well here's your chance. Pick something right now that you think will be worth an exponential amount more in the future.
We'll check back in ten years to see who wins.
We'll check back in ten years to see who wins.
Aussiecsi
Well-Known Member
....a pristine can of Bud Light
A gallon of gasoline.