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Collector Car Better Investment Than Gold

Discussion in 'General Personal Finance Discussions' started by Robert Heiny, Jan 4, 2012.

  1. Robert Heiny

    Robert Heiny Research Scientist of Learning and Education Flight Instructor

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    In 1981, a buyer paid $30,000 in gold coins to buy a 1963 Shelby Cobra. Was that purchase a good investment?

    The gold coins would be worth three times the $30K, or $93,730 in March 2011. The increase in value of the gold seems like a good deal, but the Shelby sold at auction for $467,500 or 15 times the initial purchase with gold coins. Read more ...

    I tried once to trade something (not gold) for a Shelby. Guess I should have tried harder. Do your cars appreciate in value as has gold or maybe this Shelby?
     

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