One of the most important features of some collectible markets is how they come to be dominated by a few highly desirable objects or brands. The jewelry market has the Cartier Tutti Frutti bracelet, the watch market has Rolex and Patek-Philippe. And the car market, according to this report on Bloomberg, has Ferrari:
“Ferrari trumps all other names in terms of prestige and liquidity,” Geneva-based auto adviser Simon Kidston said in an interview. “Collectors like to see the way this marque is traded regularly. If you have a good car that’s priced correctly, you can find a buyer within hours. Overall, the trend is upwards.”
Schumacher Ferrari, Classics May Fetch $11.3 Million (Bloomberg)
