Why Watches?

The distinct advantage of watches as collectibles is that you can use them and still have them. Try that with coins, stamps, post cards, scotch, or any one of a number of other things people collect. When you use them, you no longer have them! Though I'm certain posters to message boards that cater to other types of collectibles could give you reasons for their preferences.

Hard to say right now. There are signs that the aircooled market is reaching its peak with some of the sales from the last 3-6 months. Some Canadian cars which could not come to California due to smog laws went for what appeared to be below market, this is the first time we have started to see a reduction in price on the 76-88 cars regardless of market. The past 5 years has seen at worst a doubling of the price of these cars 80-88 3.2liter cars, and at best a 4 fold or more increase in 930's and early 68-73 cars. This does not include unicorns like S's, RS/RSR or pre 68 cars. What is interesting is Targa prices are finally on the rise and where those stabilize in the next year will largely dictate the rest of the market. Southern California is still the largest market for these cars, as historically 25% of all Porsches have been sold in Southern California. Which shows that cars not eligible for SoCal starting to downturn means we might have peaked.

The 911 especially the 68-88 (yes 63-67 exist but in insanely low numbers) cars are kinda odd ducks as they are basically the same car and made in a way so that they tended to last with hand-built galvanized bodies and easy parts availability, somewhat simple mechanicals tied with an built in enthusiasts ownership means the percentage of these cars are still on the road is much higher then anything else.

There is no question the 911 was highly undervalued for years, the general consensus seems to be that the bread and butter 80-88 SC's are now slightly over valued.

I turned down a 78 930 5 years ago at 32k, that car sold a year ago at 80k, and sold again at 120k... 5 years ago a good no issues SC was a 20k car up from the teens a few years before, now they are mid 30's. The 930 had not gone up in value at the time due to the fact that the 911Turbo aka 930 was not as usefull of a car as a daily driver, they are not cars for a non experienced driver and they will bite you and bite you hard if you push them and don't know what you are doing. I had been lucky enough to drive a lot of aircooled cars and just did not enjoy the 930 even on the street, and swore I would never own one, I just wanted an 82-88 widebody SC. I felt this was as I was almost bitten by one on a test drive for someone else after I had spent a few hours in its twin on a track a few weeks before. If your not paying attention the turbo lag and rear weight bias/polar inertia of the car will get you. To show how it earned its widowmaker nickname, take one on an onramp in 2nd gear from about 25mph. Give it 3/4 throttle, the power will feel low and you will give it more throttle, the turbos kick in and break out the rear wheels. In almost every other car you reduce throttle, and a non experienced driver will fully lift and counter steer. In an early 911 you have to stay on the gas and power through it. This is somewhat simplified but anything else and you will pull a Brian Boytano.

Pm'ed