Magnus 911 S/TR sells for 275.000 dollar

[kouwenhoven]

It's also in the Gooding auction postings, but this is an unbelievable high amount for a '72 911 car. I wonder what the 275.000 dollar sale for Magnus' cars tells us

a. Magnus is king of marketing
b. Early 911's are only at the beginning of a price boom
c. Magnus builds fantastic cars
d. All three
e. Something else....

Erik

[boba]

e................

[Mac911]

D.
911's you (pick the model) are increasing in value and demand. I think we should all be happy they are. Magnus has done a beautiful job on building, promoting and selling his car. Good for him! As long as seller and buyer are happy....all is good.

[Frank Beck]

It's also in the Gooding auction postings, but this is an unbelievable high amount for a '72 911 car. I wonder what the 275.000 dollar sale for Magnus' cars tells us

a. Magnus is king of marketing
b. Early 911's are only at the beginning of a price boom
c. Magnus builds fantastic cars
d. All three
e. Something else....

Erik

b & s


Cars are NOT going up in value.

The dollar is going down.

[frankmar]

It is all an illusion and we usually fall for it... What I mean is that the DOW is at 15.000 and it was at half that price 4 years ago. So, how much money has the federal gov printed in this time? No wonder all hard assets are going up, including houses and cars. So I think this is a big part of what is happening.

[steve shea]

b&s Heh, Heh Good one!

[emnemn]

Reminds me of the Hiro Yamagata Mercedes 220 convertibles.
They bought the artist.

[jaudette3]

The currency wars that are underway - and accelerating - are going to create a lot of odd pricing of hard assets. Unprecedented actually.

John

[Kris Clewell]

a and e. I would also like to know why people consider this a car magnus built. I would be interested to know how much work he actually did on the car himself? Can't deny its his concept though.

I dont necessarily get down with the hard asset buy as an investment on this one. Whoever bought this car wanted magnuses car. I can't imagine this one was bought as an investment for a hedge against currency failure or inflation.

[jaudette3]

I dont necessarily get down with the hard asset buy as an investment on this one. Whoever bought this car wanted magnuses car. I can't imagine this one was bought as an investment for a hedge against currency failure or inflation.

I wasn't being literal. Just believe that macro economic forces affect culture and behavior. This is just symbolic.

John