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#1
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OK, we've just talked about the 67's, now lets talk about the 68s. It seems that these are valued less then 67's.
Is that because more are know to exist? Is there another reason? |
#2
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Values always come down to supply AND demand. In the case of 68 Yenko's the demand is not as great as the '67's and '69's. There are quite a few more '69's but the demand is so much higher hence the value differential.
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#3
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Why do you say that Charlie? Why would a '68 be valued less than a '67 of equal quality. I think that's a very subjective statement. Until a couple of weeks ago '67s were never worth what a '69 was. Now, based on one sale, the '67s are worth much more. The pricing rules as we have known them are, IMO, out the window.
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#4
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Pricing rules, you mean there is a rule book on how to, for this stuff [img]/ubbthreads/images/icons/tongue.gif[/img]
The market doesn't always do what we would expect it to. The 1968 Yenkos are unique in that they were both Yenko Conversions and Factory COPO Camaros. So they maintain some of the '67s as well as '69s Stigma. |
#5
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I think as a rule of thumb for the same quality car, a 68 will sell for less than a 67 which will sell for less than a 69 regardless of production figures. This normally holds true for any Camaro be it a plain jane, an SS, or a Yenko. 69's are just incredibly popular. Look at 69 Z-28's w/20,000 produced sell for about as much as 67 Z-28's with 600 produced. Look at the 67 Z-28 from Baldwin Chev. that just sold on ebay. Bet it might have been more had it been a '69 from Baldwin. Nothing new here, it's been this way as long as I can remember.
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#6
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While all that is true. I thinks what is happening is that as people buy there 69 COPO Camaro or Yenko Camaro, which are generally available, they turn there sight on the COPO Chevelles or Yenko's to add to the collection. There is not very many available of them so the price goes up. I predict the COPO and Yenko Chevelles will continually go up price wise. Was not to long ago you could get Chevelles for not a lot of money, but that has certainly changed in the last 8 months!
Peter
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Pete Simpson 1962-2013 RIP Owen Simpson Eric Simpson |
#7
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Yeah-but, another member who owns all of the above thinks that '67s are worth 25K more than '69s, because of rarity. The recent sale of a '67 for 175 lends credance to this belief. It seems like the demand for '67s & '68s is way up because so many '69s have been found & restored. The low number of the earlier cars might finally be catching on as a price factor. For instance: 1 of 7 '71 Hemi Cuda converts $800,000+. Makes a 1 of 7 or 8[existing] Yenko Camaro of either year quite a bargain at $175 doesn't it?
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#8
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Talking about rare cars, Mike how is the Yenko Chevelle progressing?
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1968 COPO/YENKO 9737 Non-Converted |
#9
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DOES ANYONE KNOW HOW MANY 68'S ARE OUT THERE?
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#10
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Sixties...How can you say that up until a few weeks ago 67's were never worth a 69 ? When I bought the Blue 68 I paid 35K I think. At that same time Vince was offering me a basket case White 67 for about 55K. Supercars bought the white one and had it restored. He then sold it for over 100K I believe. Around the time I bought the 68, 69's were selling in the 50's and 60's. When Supercars sold the White 67, I don't think any 69's were over 100K. The Orange 69 you just had sold for about 54K at that time. I have no Idea why but it seems to me 67's just bring more.
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