It is all a matter of perceived value, brand status and trophy ownership.
Jay Leno wrote a column in Autoweek about a specific pebble beach competitor who entered a restored trophy car. The owner knew zero about the car, knew what it was "worth". The judges deducted points due to the clock not working. In protest, the owner told the judges if he can get it working can the points be given back. The judges agreed to this. Owner in a frantic-panic looked desperately for the guy who did the restoration. Hours passed, no hint of the guy who restored the car.. The judges return to find the clock still not working deducted the points and trophy car owner did not win.. Finally, trophy car owner found the guy who restored the car.. asked him why the clock was not working, his reply, "did you wind it up?"
Owner's reply, "no did not know the clock needed winding."
Got introduced to the owner of a speciality restoration shop in Italy, his shop is know for excellent work, including work for Ferrari. His greatest complaint is the fact most of these car owners know little if anything about their vintage ride, they know everything about what their vintage ride is worth.
Facts are, the classic car market is full of investor-spectulator type who care less about the car, the own these things for speculation and a place to "put their dough". The enablers are often magazines and moto-journalist as they have much to gain from this scam.
My long time litmus test for car folks is their view and opinion of the x1/9, what they have to say about the exxe tells a whole lot about where they are in the moto world.
Bernice