In the run-up to the Formula One season, it is always fun as a diversion to dream a little and look back to the bygone times of Grand Prix racing by following the collector car auctions that proliferate at this time of year.
This year, with the high prices being paid and the manner in which these auctions are being conducted, it is becoming apparent that the purveyors of these classics are being held to higher standard than previously by the car collecting community. The recent auction experiences with rare racecars as disparate as a Lotus 25, an Auto Union and a Shelby Cobra illustrate the trend.
In late January 2007, the American Barrett-Jackson auction house had several multi-million dollar sales at its Scottsdale, Arizona auction, but the star of the show was a 1966 Cobra 427 "Supersnake" that brought a record high $5.5 million (US Dollars) sale price. And how did Barrett-Jackson authenticate the Cobra?