It appears that the collector car hobby has gone mad. I witnessed this with my very own eyes in Monterey this August, and the lunacy involves cars from nearly all parts of the globe. A Sunbeam Tiger Mk II sold for $231,000 and a Mercedes-Benz 190SL Roadster sold for $341,000. To my knowledge, the prices paid for these two were unprecedented and likely driven by the meteoric rise in the value of their automotive kinfolk, the Shelby Cobra and the…
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