Re: [Chrysler300] B-J Auction 300G

["Ron Waters" <ronbo97@xxxxxxxxxxx>]

Why is B-J perceived as the barometer for the hobby ? Every price paid this
weekend, low or high, is just a blip. Rich folk show up at this auction
because it's become the 'place to be seen', there are a lot of rare cars
being offered for sale in one place (these guys don't have a lot of time to
go running all over the country looking at cars) and it gives them a chance
to 'show what they've got', so to speak.

Just because one or two guys that fancied Desotos decided to show up with
their $1 million bonus checks doesn't mean that every Desoto is now going to
be worth 10 times what it was worth a month ago. It also doesn't mean that
letter cars are going to drop in value.  The problem is that if enough
people interpret B-J as the direction that the market is going, then
perception becomes reality.

OTOH, it's nice that Desotos are finally getting some recognition.

Ron



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