seriously? Have all classic cars instantly turned to gold???

These examples not withstanding, if you have been in the market over the past 4 years buying or selling it is pretty clear that prices on classics have been waaaaay down from where they were BO (before Obama). Sure there are people who try to get top dollar (or top plus in some cases) but they are not selling. Even the prices on the big TV auctions have been down considerably from prior years. I've seen many cars on the auctions go for $35k that would have drawn $60-70k 5-6 years ago.
Right now is a really good time to be buying classics - but you still have to buy "smartly". There are lots of great deals out there.