Bad omen for the value of 69 M-Code Cudas

well, i guess EVERYTHING i thought i knew about the value of mopar muscle cars is probably now out of date and inaccurate.

my thoughts on the value of 69 M-Code Cuda's being "around" $75-80k???? LOL! a beautiful, "almost" perfect red 69 M-Code Cuda fastback just sold at the Indy Mecum auction, May 13-21, Lot # F257 for a STAGGERING $132,000 dollars! i've been watching Mecum and Barrett-Jackson auctions for many years and i have never seen such extreme prices being paid for cars. some previously "gold plated" cars seem to have lost value like 62-67 Corvettes, except the split window and the 427 (435hp) and L88 models. but EVERY "resto-mod" old muscle car are now in the $125,000 and above area. the "Holy Grail" cars Hemi Cudas, Boss Mustangs, COPO anything are still wildly expensive. and how about a "perfect" 69 Dodge Daytona that sold for $1,320.000 dollars? that car set a record for the most expensive Daytona/Superbird ever sold.

so i confess - i can't judge what old muscle cars are worth these days. if you watch the recent national auctions, you will just shake your head and say "wow."