Classic Porsche 911s have become a very not property on the collector car market in recent years. For example, 10 or 15 years ago a good example of the early 1970s 911T would only have cost around $50,00. Today you would be lucky to find the same car for much less than $200,000.
Prices of later 1980s and 1990s air-cooled 911s have gradually been rising in tandem with those being asked for their older brethren, but remain comparatively affordable. Even limited edition cars. At least, that was the theory, but the results from RM Sotheby?s London sale earlier this week may have blown that theory out of the water.
A collection of eight 911s were consigned to the sale from an avid German collector of limited edition models, and four went for world record prices. By significant margins.