Today in 1967, the first SST (Supersonic Transport) model was shown in Paris of a truly ground-breaking - or air-breaking - aircraft: Concorde. We thought that this would be an excellent time to look at the aircraft's potential as an investment.
 Concorde flight test model |
Concorde is or was a turbojet-powered supersonic passenger airliner, a supersonic transport which entered service in 1976 and retired in 2003. The retirement was not due to an improved model coming onto the market, but for disputed reasons, primarily to do with the relative difficulty in making great profits from supersonic flights, as well as the reaction to its only crash.
The fact that it was not only groundbreaking but also remains the greatest plane of its kind immediately offers substantial possibilities for the craft as an investment possibility.
A generation who remember Concorde from their youth, but probably never had a chance to fly on it, are now reaching their late twenties and early thirties and gaining disposable income.
Already it seems that it is being underestimated: back in October we reported on a collection of Concorde memorabilia at Regency Superior which included flight covers, FDCs, photo cards, autographed covers (mostly crew member signed), and mint and used aerograms.
The collection had been listed at a humdrum $2,000-3,000 but soared past this to sell for $18,720.
