Dragonsnake - Depreciating Asset

[HealeyRick]

"Tell us if this sounds familiar: The top seller at Mecum’s Kissimmee sale this past weekend was the 1963 Shelby Cobra Dragonsnake originally piloted by drag racing legend Bruce Larson.

It ought to sound familiar. After all, the Dragonsnake, CSX 2093, topped Mecum’s Kissimmee sale last year and in 2007. The only difference among the three sales has been the price – $1.417 million in 2007, $875,000 in 2011, and $850,000 this year. Kissimmee must be the place for it, too, because Mecum tried to sell it in Monterey last August, but the Dragonsnake only bid up to $825,000 there."

Dragonsnake tops Mecum’s Kissimmee sale at $850,000 | Hemmings Blog: Classic and collectible cars and parts

[DiaperLoad]

It seems the price is around 865,000 and the guy that paid 1.4mil overpaid. But with only a sample size of 3 sales it's not very accurate. Just my take on it I guess.

[Vasnakeman]

believe it or not i had a chance to buy an original dragonsnake in 1973 for $2500 but decided last thing i needed was a race car. TRUE STORY i cry every time i think about it