[PSB]

I went to Mecum on Sat with my 6 year old son, mostly just to see the cars. I was a bit surprised at the demographics. I understand the bidders being mostly older guys who've got the money to spend $100K+ on a toy car, but the spectators were mostly 50s+ also. Very few people under 30 there.

I was encouraged by the bids for the three Cobra replicas that were at the auction. A very basic (4 lug wheels, drum brakes, ect) FFR didn't make reserve at $38K. Whoever owns that car messed up big time by not taking the reserve off. Another, nicely build built FFR with some upgrades sold for $38K, and a beautiful ERA went in the low $60s.