I think it’s interesting how big spending on nostalgia always seems so tightly linked to the perception of an appreciating asset. Everybody suddenly find something else they want to buy when they peak and start to drop.
There have been boom and bust cycles for years with things like E types, they increase a bit, get seen as an investment, people with no interest buy, prices go up, people with genuine interest are priced out, demand reduces and costs drop. Repeat with the highs going up a bit more or less than the last time. The issue with cars and bikes is they need to be looked after and that takes time and or money. Whereas a bar of gold can be locked in a deposit box and still be the same in a hundred years. LCs seemed to have peaked, but the market seems pretty flat for most things this last year. There must have been exceptions I guess but not sure what’s going up fast at mo if anything.
Here's the results from the last Bonhams online auction (23 Feb 2026) https://cars.bonhams.com/auction/32...zcwODYkbzEwJGcxJHQxNzcxODc3MDg4JGo1OCRsMCRoMA..