Pink 70 340 Duster goes for $62K on Mecum

some of it is driven by investment: i like cars, and these will appreciate in value.
some of it driven by status: i have a collection and i have this in my collection.
some of it driven by ego: i have this and you don't

the one thing that is overarching is that all of these people operate in a different atmosphere. i'm not saying we're all a bunch of broke dicks over here, but for the most part anything sub 100K is nearly a rounding error in the fun budget for them.

there is also people out there who aren't into the hobby and just want that specific car for some reason. they've attained a level of wealth at which it isn't burdensome to spend the money and they're comfortable splashing the pot for the best possible example. this is also why you see a lot of cars get sold again a year or two, three later with virtually no mileage put on them.

classic cars attract all types. from knuckle dragging greasy mechanics to private plane starched collar highliners. even here on the forum you can see the marked difference in groups of drivers, racers and restorers. to me, that's one of the great things about these metal mistresses; they inevitably link everybody together.