Ferrari Mailing List: Re: Need group wisdom on pricing for 2007 F430

[Brian E. Buxton (bebbmi]

But you're saying that a patek isn't valuable and that they market  
poorly because *you* don't recognize them.

Brian E. Buxton
Buxton Motorsports, Inc.
301 North Royal Ave.
Buxton Plaza
Evansville, IN 47715-2866

(812) 760-5513  mobile
(812) 476-2281 x 209  office
------------

Sent from my 3G Apple iPhone.




On Feb 7, 2010, at 2:18 PM, Erik Nielsen <judge4re [at] gmail.com> wrote:

> But when you start getting to the stratosphere, the rarest of the
> rare, most people don't recognize things.  Real Bugattis look like old
> cars at this point to most, Vermeer's are typically small scale
> paintings with soft lighting and "mundane" subjects.
>
> But then again, I expect Ferrari Bubba, even in East Jesus Arkansas to
> look at a Type 35C and say "cool"...
>
>
>
> On Sun, Feb 7, 2010 at 2:07 PM, Mike Fleischer  
> <themightytoe [at] gmail.com> wrote:
> > OK
> >
> > Good points I guess, and I suppose watch collectors should be no
> > different (but like I said, I hardly ever wear a watch, haven't  
> > since my
> > first cellphone that fit in my pocket).  And while most folks can
> > recognize a Picasso or a  Ferrari or a Rolex, I can honestly say a  
> > Patek
> > Phillipe does not rank in recognizability.  It just doesn't, poor
> > marketing no question but there it is?  Now that said its a handsome
> > looking watch, no question, but Its still only a watch...  It lacks  
> > that
> > vroom vroom ness.
> >
> > I think PT Barnum sums up my feelings on a million dollar watch (and
> > those who would insure it for that...)...   But if you get enough  
> > folks
> > all believing in the value of something then I guess I get left in  
> > the
> > minority, and won't go to those churches on Sunday even if they do  
> > have
> > the nicest biggest screen TV's...
> >
> >
> >
> >
> > Brian E. Buxton wrote:
> > > Problem is your looking at it as if it were only a watch.  Or at a
> > > Picasso as only a painting.  Or a $10,000 Hot Wheels as a kids toy.
> > > At that level it's an investment.  Something rare and valuable that
> > > will appreciate.  Something better than a stock 1. because it's
> > > insured and if destroyed, you will at least break even on it (or  
> > > make
> > > $); 2. it's something you can enjoy and use while you own it; and 3.
> > > it's something that will be valued by others in the future and will