The average value of investment-grade classic cars and wine has increased by 8% over the past year, according to the Knight Frank Luxury Investment Index.
The index noted that classic cars remains the top performer – with growth totaling a staggering 458% over the past 10 years (to Q2 2016), while wine is on an upwards journey over the past 12 months.
Coins meanwhile, remain a solid investment.
Knight Frank said that collectors are still prepared to dig deep when rare cars with a great provenance and in authentic condition become available.
At the Monterey sales a 1962 Shelby Cobra ($13.8 million) became the most expensive US car to sell at auction, while the 1955 Jaguar D-Type pictured below ($21.8 million) secured the equivalent record for a British marque.
In Paris earlier in the year, a 1957 Ferrari 335 Sport (€32 million) took the overall crown, in sterling and euro terms at least.
On the other end of the scale, art and antique furniture continues to disappoint.