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Old 03-10-2024, 10:31 AM   #1
Erno730
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Join Date: Sep 2019
Posts: 5
Default Cash Value/Sale History of Red Grow's "Betsy"?

Regarding the history of Claude "Red" Grow's famous 1930 Sport Coupe "Betsy" and its upcoming raffle from MAFFI, is the cash-equivalent of $15,000 a true value of the vehicle?

The sale history of the vehicle from past editions of "The Restorer" magazine include:
-Volume 7 #6 1963 p5 - sold to Dave Grubbs, Burbank Ford Dealership for $5,000 ($50,000 in 2024)
-Volume 14 #3 1969 p24 - Advertisement by Red Grow, "Betsy for Sale" for $9,000 ($76,000 in 2024)
-Volume 15 #2 1970 p25 - "Betsy" sold by Grow to Daniel Childs, New Canaan, CT (undisclosed amount).

I am unclear as to how the vehicle returned to the ownership of Red AFTER its sale to Grubbs in 1963.

Considering the vehicle was prominently featured in many 1950's and 1960's Restorer articles and was often labeled as "the best", is the cash value from the upcoming MAFFI raffle of $15,000 an accurate dollar amount to be placed on such a vehicle?
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