Collecting Thoughts

The $500 Million Endowment

In early November 2022, McPherson College announced that an anonymous donor had made an extraordinary endowment gift to the school. This record-breaking, potentially $500 million donation is the largest single commitment ever made to a liberal-arts college. This news thrust the small Kansas-based school into the headlines. It is notable […]

Turning the Corner

As far as time-travel fantasies go, buying up used cars before they became collectible may not seem quite as clever as betting on the World Series or investing in Apple when its stock was trading at $15. But to most car enthusiasts, there’s no question that being able to easily […]

Classic-Car Heist Spoiled

I have always used a collector car as a daily driver. It makes little errands a bit more joyful, and having the car out in public invites conversations wherever I go. My current car is a 1974 Alfa Romeo Giulia Super 1.3, which I’ve been using since 2015 without any incident […]

That’s Show Business

In early August, Barrett-Jackson announced that IMG had acquired a 55% interest in the collector-car auction company. The sale price of $261,250,000 gives Barrett-Jackson a total valuation of $475m. However, what makes this story about more than money is the strategic fit between IMG and Barrett-Jackson and how that will […]

AMG Alchemy

The 2022 SCM 1000 AMG Invitational was born out of a phone call. About two years ago, SCM Publisher Keith Martin called me to discuss his next serial car purchase. I suggested he consider an R230 Mercedes-Benz SL55 AMG. I explained that it is a near-supercar bargain, bestowed with one […]

Remembering Dr. Fred

Dr. Frederick Anthony Simeone, whose extraordinary car collection featured many racing cars with Le Mans history, died on Saturday, June 11. He was 86. Fittingly, his last moments were spent at the hospital he regarded as a second home, as the 24-hour race was well underway. “Dr. Fred,” as many […]

Fact or Fiction?

In my just-released book The Archaeological Automobile, I write that all restoration is fictional. What I mean is that despite the most careful effort and the most meticulous research, the resultant job will be no more than an approximation of the automobile’s lost reality. “But surely not!” I hear hundreds […]

Another Sort of Taxonomy

You have certainly heard the adage, “Come for the cars, but stay for the people.” Our hobby is full of personalities, which often make it enjoyable. But the transactional nature of car collecting means it is unique compared to other pastimes. Nothing is so revealing of a person’s traits — […]

Secrets of Online Auction Sellers

“Buying and selling online has fundamentally changed the dynamics of the collector-car market. Presentation plays an essential role in this. Comprehensive photo galleries, videos that range from simple to truly inspirational, and the ease of being able to provide more photos and footage moments after a commenter’s request give buyers […]

What Makes an Automobile Collectible?

“That’s a really valuable collector automobile.” Or, “This car will be a very important addition to a collection.” What do we really mean when we make such judgments? Whenever we go to shows, auctions, tours, and races, we hear these remarks. But have you ever wondered what goes into making […]