COPO prices down at Mecum???

[Paul D]

Just a thought....the stock market was very strong in the 3rd quarter and usually collectables go the opposite direction or plateau in a strong equities market.

I think it's major different from 1990 when most transaction were between brokers, and when "the music stopped" the bottom fell out. That's a lot different from today where prices may be taking a breather after two or three years of strong appreciation.

I was also at Mecum, and felt that prices were pretty strong for great cars.... especially race cars as witnessed by the Super Duty Pontiacs that were exceptionally strong. Corvettes were definitely weak, and I just wish that I would have been a bidder on a few of the COPO's.... especially the Yellow Turbo 400 Chevelle. That is one impressive car, and $150k plus commission is awfully light! Is it still for sale?