Close your eyes and pretend it’s the late 1980s. Ronald Reagan is still in the White House, people are spending money like they just printed it and collectible cars are the hottest commodity around. Pontiac GTOs, Jaguar E-types, Shelby Cobras, Ferrari Daytonas — if it was thought of as a cool older car people were lining up to buy it.
Cars that you almost couldn’t give away five years earlier were making a mad dash for the $100,000 barrier. Junkers were dragged out of barns, slathered with bondo, hit with a quick coat of paint and sold for $10,000. It was insane. The undisputed kings of this madness were the late sixties big-block Corvettes, particularly the 1967 L71 and the 1968-69 L88 and L89.