Busting the Barometer.(News)
Edsall, LarryByline: LARRY EDSALL How crazy do people get at auctions? Consider: Barrett-Jackson sold a 1964 Amphicar for $124,000. Yes, a 42-year-old car/boat for the price of a brand-new Mercedes-Benz SL55 AMG. Someone else dropped nearly $50,000 on a 1966 VW bus. Yikes! Anomalies? Sure, but cars were commanding some astounding prices. Like $2 million (before commission) for a 1970 Plymouth Hemi 'Cuda, or $1.15 million for a 1970 Chevrolet Chevelle LS6 convertible with an NHRA drag racing history. A year ago Barrett-Jackson sold 878 cars. This year nearly 1100 cars went over the ...