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It's not about the ...
 
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It's not about the model

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(@franklemire)
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Joined: 6 years ago
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Topic starter  

It’s not about the model

I have said many times that any item is only worth what someone else is willing to pay for it. I have also said that I consider my collection to be ‘worthless’. I collect model cars because I like them. I modify many of them to make them more accurate even though I know most collectors are only interested in “mint in box” models and my modifications make them less valuable.

That said I am interested in what the market is if just for curiosity’s sake. I own no fewer than 50 Cobra Daytona Coupes – most of them Exoto – and like to check the price from time to time. Exoto is currently selling some on their site for $438 with some on sale for as little as $318. Prices on E-Bay are all over the lot but mostly all over $200 with some going to $700.

Few cars these days on E-Bay are actually up for auction. Most are up for a set price with a ‘best offer’ option. I did see the iconic #5 1964 Le Mans class winner up for auction with an opening price of $80. There were seven days left on the auction and I put in an offer of $80 just because I wanted to get notifications so I could see how strong the bidding would be and how high it would go. Long story short – I was the only bidder and now own the model for $80.00

It did come without a box. I checked back on E-bay and the cheapest one with a box is currently up for sale at $225. So best I can figure the box is worth $145 or $65 more than the model.

I’ve got to start selling my boxes!

 

IMG 4631
IMG 4632
IMG 4629


   
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(@100ford2003)
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Wow, this post is interesting.



   
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(@bob-jackman)
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I've seen that happen before.



   
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(@franklemire)
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Topic starter  

@bob-jackman I have as well but not to this extent. If you collect vintage race cars and you were looking to collect a Cobra Daytona Coupe this car is the 'Holey Grail' It won its class at the worlds biggest sports car race Le Mans. I think this shows that the market is saturated and that people who are looking to sell these cars for $200.00 plus are just kidding themselves.

 



   
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(@chris)
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Joined: 30 years ago
Posts: 23698
 

Interesting observations Frank....  perhaps I should start selling my boxes!      😬 😬 😳     Your collection is very unique - I'm glad you never compromised your values!    😎 😀 



   
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(@bob-jackman)
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@chris I agree Chris. What I respect most about Frank's collection is his discipline in staying focused on what he collects and the details he maintains.



   
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(@franklemire)
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Topic starter  

Bob and Chris - Thanks for the kind words - My focus as always been in part due to the reality that I would never have the room for a really large collection and my insistence in putting all of the models on display. It is also easier to be knowledgeable about what you have if you maintain focus. When it comes to sport racing cars I know a whole lot about a very little. I'd say most of the guys on this site know a lot more about cars than I do but if you are talking Cobras, I'm your guy. Just don't ask me to put values on anything - LOL 



   
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GDH
 GDH
(@gdh)
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Very interesting post. 



   
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(@chris)
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@franklemire No problem, Frank - a collection as well organized & presented as yours deserves at least some recognition.    😉 😉 😉



   
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