Seems I predicted this 6 months ago it would happen and today I see Gruhn has a really nice all original '24 Virzi Loar for a mere $150,000. Anybody know the story and why such a low price? Either it's a real dog or the seller ask Gruhn for a low price to move it quick. During this upcoming(or is it here?)recession I expect to see many "self forced" sales of high end collectibles. Many using the cash to keep their homes from being repossesed.
Now I'm not saying $150,000 is a cheap price but if the downward trend continues it will allow those that can afford them which more than likely will be collectors you will see Loars headed towards obscurity landing in vaults which will make them go up in price when the economy returns to normal growth.