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Hagerty valuation of losers ('57/'58 Golden Hawks)

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  • Hagerty valuation of losers ('57/'58 Golden Hawks)

    Really??? http://autoweek.com/article/classic-...#ixzz3v405TDoX
    Paul Johnson, Wild and Wonderful West Virginia.
    '64 Daytona Wagonaire, '64 Avanti R-1, Museum R-4 engine, '72 Gravely Model 430 with Onan engine

  • #2
    So few Golden Hawks sell that one or two are going to "make the market" in any year. Tough to see a "trend".

    With that said, Hagerty's data does not show a 30% decline in value for Golden Hawks...

    https://www.hagerty.com/apps/valuati...er-Golden_Hawk

    https://www.hagerty.com/apps/valuati...er-Golden_Hawk
    Dick Steinkamp
    Bellingham, WA

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    • #3
      With the end of the year approaching, I suppose it is inevitable that Dick Steinkamp and I would agree on something over a 12-month period , and Dick is right in this instance: There simply aren't enough Golden Hawks trading hands that a few "silly sales" at auctions around $100,000 won't unrealistically skew an average figure.

      If you have two $100,000 silly sales one year and eight realistic sales for much less, it will look like the market is down if you have only one silly sale the next year...even if realistic sales hold steady or gain slightly. BP
      We've got to quit saying, "How stupid can you be?" Too many people are taking it as a challenge.

      Ayn Rand:
      "You can avoid reality, but you cannot avoid the consequences of avoiding reality."

      G. K. Chesterton: This triangle of truisms, of father, mother, and child, cannot be destroyed; it can only destroy those civilizations which disregard it.

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      • #4
        "Silly sales." I like that term.
        RadioRoy, specializing in AM/FM conversions with auxiliary inputs for iPod/satellite/CD player. In the old car radio business since 1985.

        17A-S2 - 50 Commander convertible
        10G-C1 - 51 Champion starlight coupe
        10G-Q4 - 51 Champion business coupe
        4H-K5 - 53 Commander starliner hardtop
        5H-D5 - 54 Commander Conestoga wagon
        56B-D4 - 56 Commander station wagon
        60V-L6 - 60 Lark convertible

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        • #5
          That just tells you that the FOOLS at Barrett Jackson just overpaid and drove the price up, and now it is levelling off to where it should be, it has absolutely NOTHING to do with the Real value of a Golden Hawk.
          StudeRich
          Second Generation Stude Driver,
          Proud '54 Starliner Owner

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          • #6
            "Market Correction"?...

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            • #7
              I hope that for at least as long as I'm around Studebakers remain affordable to 'Joe Average Middle Income Guy'!

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              • #8
                Hey I own a Hudson Commodore and according to this they got whacked more than the Golden Hawks. If they are only trolling the auction sites I would be surprised if more than 2 or 3 Commodores crossed the blocks and most of those would be the high dollar convertibles.
                Dan White
                64 R1 GT
                64 R2 GT
                58 C Cab
                57 Broadmoor (Marvin)

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                • #9
                  What it comes down to is that if you enjoy it - buy it and drive it! If you don't enjoy it and you aren't going to drive it, why bother owning it?

                  Clark in San Diego | '63 Standard (F2) "Barney" | http://studeblogger.blogspot.com

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                  • #10
                    I hate those TV auctions.

                    Anyone who has seen their car in one of the silly sales thinks the rotting hulk they are sitting on is a gold mine!

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