That’s one way to fight deprecation. Just have all your valuables signed by 50 basketball hall-of-famers. That’s what the basketball Hall of Fame did with this 2002 Aston Martin Vanquish. Originally, the car was bought for $200,000. Not cheap, but it pales in comparison to the $1.25 million that it’s worth now.
Goldin Auctions are the group selling the car now. “It’s a one-of-a-kind car to commemorate the 50th anniversary of the Basketball Hall of Fame. They went out to create what they thought would be the most valuable basketball collectible ever produced,” said Ken Goldin to CNBC.
Any day you can say your investment increased in value by 525 percent is a good day. Now, if only I could get 50 baseball hall of famers to sign my Chevy Spark… Instant. Profit.
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