Warbirds

Santa Monica Aero Auction Prices Wane

Probably reflecting the current financial difficulties being felt both in Australia and overseas, the prices at the second Santa Monica Museum of Flying auction of aircraft did not in general go as high as expected.

It was also of note that interest by Japanese buyers did not get to the stage of dollars changing hands. Perhaps next year. The museum did however sell 45% of the aircraft put up for auction even though there were a number of interesting machines that did not sell due to their high reserve prices.

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