Index of the Automotive A-List
For the first time in 18 months, Hagerty’s Blue Chip Index experienced no appreciable movement. While few component cars moved in value, this does not necessarily indicate a lack of activity at the top of the market. The biggest news story not reflected here is the record sale of the Mercedes-Benz 300SLR Uhlenhaut Coupe for $142 million. What this sale means to the top of the market remains to be seen, but it does raise the bar for what the right car can sell for.
Most changes in this space were small in nature with 300SL Coupes gaining 6 percent and Aston Martin DB5s rising just 1 percent. As far as the top of the market is concerned, we are in a quiet period between the Amelia Island sales in March and the Pebble Beach auctions in August. But all eyes will be on Pebble this year since that’s where any potential market effect of the 300SLR Uhlenhaut Coupe sale may be realized.
-Greg Ingold, July 2022
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.