FROM THE PUBLISHER
April 2016 Dear Reader, At press time, it is warm and sunny in Florida. The Northeast is in a virtual frozen lock-down. The stock market is either up or down. A new world record was recently set from an automobile sold at auction (Paris Artcurial Auction sold the 1957 Ferrari 335 S Spider for $38+million US$). The January auction-extravaganza week in Arizona was a mixed bag with motivated buyers and sellers being coerced into deals that were either good, bad or ho-hum—business as usual. Generally speaking, the market appears “stalled.” Overall sales for all auctions were off almost 15% (remember 2015 was a huge year with some one-in-a-lifetime sales that were not and cannot be replicated). Some niche marques appear under pressure: Porsche 911 – down due to too many in the world;…
