OCW Columnist Ron Kowalke ruminates on Chrysler's submerged concept car - the Norseman; the upcoming auction of the impressive Jay Weinberg collection; and offers auction summaries from Mecum Kansas City, McCormick Palm Springs and Barons Christmas Classic.

Sales prices were strong and bidding furious at two late November auctions: the annual Leake Dallas Auction near downtown Dallas, Texas and Garth's Thanksgiving Auction in Delaware, Ohio. Meanwhile, discerning collectors are looking ahead to Feb. 7, 2009 when a 1937 Bugatti Type 57S crosses the auction block in Paris.

The inaugural Barrett-Jackson three day Collector Car Event gets underway in Las Vegas on October 15 and one of the highlights to cross the block will be this 100 hp, 4-cylinder, 1949 MG TC - the car that iconic driver and manufacturer Carroll Shelby drove to his first victory in a road race in Norman, Oklahoma in 1952.

A 1961 Ferrari 250 GT California Spyder once owned by U.S. actor James Coburn fetched nearly $11 million at auction this past weekend, making it the most valuable, street legal, vintage car ever sold at auction, according to auction organizers.

You’ve all followed the sordid tale of Unique Performance, the Texas-based company that used to produce the Shelby-designed Mustang GT500E Super Snake replica and other muscle car creations. As you recall, the courts stepped in and held an auction that raised roughly $1 million to help settle the company's debts. Well, apparently that wasn't enough to settle all the now-defunct company's debts.  Forty more Mustang shells are headed to the auction block.

The Michalenko Collection auction held April 12 in Rosemont, N.J., offered a range of vintage vehicles, from ambulance to armored car, hot rod to Classic and race car to Rockne.

Mustang pace cars to cross Mecum’s televised auction block.

eBay Inc. announced earlier this week that it is eliminating live auctions as part of its company restructuring.

These days it seems that classic car enthusiasts may be turning away from the bright lights and hype of the high profile car auctions and taking a more subtle approach to selling their one-of-a-kind classics. Last week it was the ’64 Pontiac Banshee Prototype XP-883 that popped up on the Internet auction site, eBay; now Blue Oval fans can get their “unique” fix with a 1954 Mercury XM800 concept car that was posted for sale over the weekend.