Index of the Automotive A-List
The Hagerty Blue Chip index leveled out this period following a 1% slide from September to January. There were still more downs than ups among this index’s component cars, though, with price reductions spread across American, Italian, and German cars. Significant gains by the Bentley S1 Continental, a few Shelbys, and Porsche Speedsters evened out all downward moves.
While speculative investors never overwhelmed the collector car market, poor returns among traditional investments over the last several years did make tangible assets like blue chip cars attractive places for wealthy collectors to park their money. Now that other opportunities are rebounding, these cars have lost a tiny bit of their recent appeal.
The Hagerty "Blue Chip" Index of the Automotive A-List is a stock market style index that averages the values of 25 of the most sought-after collectible automobiles of the post-war era. The list below shows the cars that make up the index, while the graph to the left shows this index’s average value over the years. Values are for #2 condition, or “excellent” cars.
The term "Blue Chip" at one time referred to the highest value chip at a casino. Since the 1920s, "blue chip" has been a stock market term for the most stable and consistent stocks.