Did you watch the Barrett Jackson auction? I did, and I noticed an odd phenomenon, the huge number of perfect specimens of the same “rare” cars. A great example was the continuous stream of 427/435 horsepower mid sixties Corvettes. Now those are supposed to be a bit scarce, but there were so many coming across the block the announcers were having a hard time coming up with reasons why this particular one was special. Hmm … This one’s special because it’s blue, or this one because it had an automatic or this one was a true “radio delete” car or what … special because it was built on Tuesday?
Barrett Jackson does something, if you’re paying attention, similar to what the Internet did compared to local classified ads. A particular vehicle might be rare in your area but with a bit of money chasing those vehicles they come out of the garages in droves. The people on the scene get into a buyer’s frenzy and spend ridiculous sums of money when a bit of reflection would have them asking themselves, “What the Heck am I doing?”
Everyone who has that sort of money can spend it as they wish but sometimes they might be buying an illusion of rarity, sort of like the retail store that only has one of something on display and as soon as a buyer takes it home the store digs another one out of the case in the back room.