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" Sifting through one press release after another, it is clear as day that the collector car market is on a hot streak. Records are being broken, attendance is up, and year after year there seems to be no shortage of buyers and sellers. Many auction houses are quick to make statements about economic recovery, and the U.S. clawing its way out of a recession, but a broad look at the world markets shows turmoil and peril at nearly every turn. The Eurozone is still in the midst of its full-blown crisis, and even on our home turf there is an air of instability. So what&amp;#039;s keeping things so hot on the collector car scene? The answer may be simpler than you think. Lets start by saying that there will always be buyers who are simply buying the cars they love because they have reached a point in their life where they can. This is precisely why there will always be a place for these auctions. Enthusiasts love the opportunity to see their favorite collector cars being shown and sold and whether they are there to buy or just to drool and dream, the show will go on. The fuel behind the recent upswing in collector car sales can be attributed to the same fear and uncertainty that fueled the spike in gold prices in the late 70s to early 80s. As financial markets start showing signs of instability, investors begin to look for safe alternative markets in which to invest. Gold has historically been a safe investment, and as the years have passed the collector car market has shown similar levels of stability. The bonus with investing in collectibles is the tangible nature of it all. You can&amp;#039;t walk out and take your 401k out for a weekend drive, and with even those investments showing lackluster results an auctioneer&amp;#039;s siren-song is becoming harder and harder to resist. Outside the collector car world other collectibles markets are also on the rise. Artwork from respected artists like Joan Miro and Marc Chagall has been appreciating steadily, as have classic vintage watches from Rolex and Patek Phillipe (among others). The only question left looming is when this will level off. As with every other market, theoretically there is no such thing as perpetual growth, but until the markets starts showing some real sense of stability I wouldn&amp;#039;t be surprised if we continue seeing record breaking events like last weekend in Monterey. Related posts:  More Ferraris for Auction at Pebble Beach \u2013 2012 Monterey Auctions McQueen&amp;#039;s 911 Up for Auction Muscle Cars Up for Auction in Des Moines  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/car-culture/buying-maintenance/news/a9171/collecting-vs-investing-the-auction-scene-continues-to-rise-38204/>