Like many of you ebay viewers, I have been watching the bids rack up on this 18ft Prerestoric Cobra on ebay. Now I kinda kept this off WoodyBoater because the boat is all over the place, Facebook at first, then ebay and also a great Car Website called BarnFinds. I go to that site several times a day. It’s a more fun Bring A Trailer, Since BAT has become a different sort of site. Anyway, I digress into Websites, this is about the Cobra, which right now is at around $45K with 121 bids. I am sure some of you are some of those clicks.
The interesting part of this sale is on the car site though. The comments are enlightening as to how car guys see our boats, and are getting caught up into the Cobra.
I did a story on the topic of Cheapening Our Culture and this is a classic case of let them bid this up. I aint saying a word, we are watching live new people to the community get interested and putting their money out there. $45K is not a huge amount in the car world, and the Cobra in photos looks usable in classic car terms. And it seems to have stalled in the $45 range. The seller understands the social media world and has made it very visible. And that in its self is an interesting story.
And if you are into Cobras, and who isn’t, finding a prerestoric one is almost impossible. So what is the price? Is it really Priceless? Since it is that rare?
The fascinating part of this auction is that people are bidding $45K on an ebay restoration project. Has anyone actually gone to look at it? Does it matter? Is it going to be trailer art behind a hot rod? At some point is this a sculpture more than a boat?
Now as a comparison, HERE is a fully restored 18 Cobra for $129K at Katzs, who does amazing Cobra restorations. And if you do the math, might just be a better value.