Each year Ferrari lovers – along with some of the rarest Ferraris ever seen – flock to Palm Beach, Florida, for a five-day celebration of the Ferrari brand. It's called the Cavallino Classic, and includes numerous track events, educational symposiums, a driving tour and of course, parties. But the biggest show of all is the Concorso d'Eleganza on the Lawn at the Breakers, a celebrated grand hotel in Palm Beach where this month some 140 rare and pristine Italian sports cars, many worth millions of dollars, were on display for both admiration and scrutiny by some of the toughest judges in the land.
Labor saving devices are nothing new, but they rarely inspire the kind of dedicated stewardship that antique engines do. This week in Fort Meade, Florida, the 1500 members of the Florida Flywheelers Antique Engine Club opened the gates of their unique 240-acre clubhouse to give the public a first hand look at the fruits of this devotion. If you harbor a secret wish to operate a tractor, bulldozer or backhoe, these are your people.
The strength of the English motorcycle collecting world was on display this week in the United Kingdom, when Bonhams' Stafford Autumn Sale weekend realized
GBP£3.6 million, becoming the biggest (highest grossing) motorcycle
sale ever seen in Europe. The most discussion regarding the sale was not
the beautifully restored top-selling motorcycles but three "basketcases" that sold in the top six lots for US$400,039, $365,454 and
$144,113 respectively (a 1934 Brough Superior 1,096cc 11-50HP Project) –
three of the four most valuable basketcases in history.
The Monterey Car Week auctions have come and gone, and the analysts are still trying to sort through the numbers to figure out what they mean. There were more auctions and more cars presented this year than ever before, and the two biggest collectible car auction houses (RM Sotheby's and Gooding & Co.) grew sales considerably year-on-year, but the overall gross take for the combined auctions comes in within a few dollars of last year's record numbers. Like all those who ply the trade as buyers or sellers, the market appears stronger at the top end and slightly softer in the middle.