mattb wrote:I'm in Todd. What a deal. This won't be a forgotten toy in 20 years will it?
Ok, Matt, I'll send you my PayPal account # and it's yours!!! Everybody here heard it!
But seriously, with some notable exceptions (the Auto World brass Lotus comes to mind), I think the valuation of vintage slot cars has already started to decline, as has the size of the buyers' market. I think as more of us boomers, for whom slot cars hold the greatest nostalgic draw, downsize/get on fixed incomes people will be trying to turn collections into cash. Meaning more stuff on the market, with fewer interested buyers.
Make no mistake, especially in Europe this seller's mint in box Scalex 124 set is worth a lot, certainly nothing near to what he's asking, but it's still very collectible. He frequently lists a number of things at really crazy prices, I think for the fun of it as opposed to actually intending to sell.
For weeks on ebay France there has been an abundance of what are generally considered to be rare 1/24 Scalex slot cars: the Lotus and Ferrari (multiples of each) and even more of the Alfa and Jag. Asking/starting prices for the auctions are at their values of recent years, but at their current asking prices they've gone unsold for many weeks.
Domestically, 'reliable' high ticket items like Cox 2Es in all their forms, Monogram 1/24 Lotus 38 and 1/32 Lotus 33, Cox Cheetahs and Chap 2D's, etc have seen selling prices steadily declining. Again, every once in awhile you'll see a bidding war and high price for a nice vintage slot, but there's no mistaking that the market peaked overall a few years ago, and is unlikely to ever get back up to where it was.