The G.D. Herring Journal

Expert advice and information from our team!

classic car storage
classic cars

Classic Car Storage

How do you store a classic car? As with anything of value, carefully. If you’re like me, you’ve put a lot of resources into your collection, including money, attention and time. Classic cars are special, and while you can certainly use these guidelines in storing any car, these are my non-negotiable storage requirements for my personal collection.

Read More »
comic book brubaker
investing

(Comic) Collecting for Love

I’ve come across two works that have changed my perspective, and not just a little. The first is an HBO documentary about collecting modern art. Called “The Price of Everything,” it’s truly worth watching whether you’re a collector or not.

Read More »
oriental rugs

Investing in Oriental Rugs – the Upside

When you buy a handmade rug from an original rug weaving country, you know you’re going to be able to enjoy it all your life. Your children are going to enjoy it. When you need to downsize in retirement, you may give the rug to a member of your family, your children, or your grandchildren and what they have will be worth a lot more than what you originally paid for it. That increase in value only comes from rugs made in original weaving countries.

Read More »
classic cars

6 Easy and Low-cost Maintenance Tricks to Keep Your Classic Car in Top Shape

Just yesterday, a good friend of mine came across a 1942 Chevrolet owner’s manual. Being a classic car nut, I have to admit to reading all 59 pages in about a half hour. The simplicity of this period in time, especially at a mechanical level, is what makes these cars so fun and honestly, novel, in today’s high-tech world. This led me to thinking about servicing these old treasures and I wanted to share some simple things I do regularly to help maintain my classic car collection.

Read More »
classic cars

A Car Slogans Quiz For Some Start of Summer Fun

Our favorite car crazed classic car enthusiast Jason Paynter has created a car slogan’s quiz for all you classics fans. This post first appeared [TK date] and we thought it would be fun to bring it back as we head into the warm months of summer driving. Good luck!

Read More »
classic cars

What to Look For When Buying Your First Classic Car

There are a few things to consider when selecting a classic. I think the analogy of a funnel works well for this. Start by throwing all your ideas and concerns into the funnel. When you do this, you’ll find your decision making gets easier. Throw in your price point, how you want to pay for your car, where to obtain classic car insurance and where you will park or store it. Also, decide if this car will be held long-term, or a short flip. Once these parameters have been decided, let the excitement of choosing your new classic begin!

Read More »
oriental rugs

Oriental Rugs – Importance of Dyes and Coloring

Fundamentally there are two kinds of dyes for handmade rugs, “vegetable” and “chemical.” Vegetable dyes are made from plants and animals. Rather than being definitively “vegetable,” they are more accurately described as “non-chemical.” At one time, vegetable dye was the only option available. These kinds of dyes are highly variable and require a simple yet precise and almost intuitive process, by which the yarn is plunged into boiling vegetable dye and is left to simmer for a certain amount of time.

Read More »
investing

Collecting & Investing (with Comics)

The original title of this post was “Collecting vs. Investing.” I thought better of it while getting ready to publish. Like most things in this world, while we humans prefer black and white, collecting and investing have more overlap than they don’t.

Read More »
classic cars

Classic, Antique or Vintage?

So what is the difference between “classic,” “antique,” and “vintage” cars? This can be a little confusing, but here we go. There are differences, and important ones, but it all kind of depends on whom you’re talking to. Some people use the terms interchangeably, and there are others who think standardization is really important.

Read More »
oriental rugs

Oriental Rugs – The Four Rug Making Countries, part two

Hello again, and thank you for joining me as we finish up the discussion on the four authentic handmade rug countries. While there are many countries that make rugs, to my mind there are only four that produce rugs of a caliber that make them collectible. Today we’ll cover the last two countries.

Read More »
classic cars

What Makes a Classic Car “Classic?”

In the most basic of terms, “classic” means “aged and unmodified,” which means – you guessed it… the beater you’re driving around could technically be called a “classic.” And to you it might be a classic. But that’s not what we’re talking about here.

Read More »
collectibles

What Is an NFT?

…an excellent article from Dycrypt about NFTs (non-fungible tokens). Is this the future of collectibles?

Read More »
health

Breaking Up Life’s Daily Grind

The COVID-19 pandemic is causing financial stress for a lot of people. Creating and maintaining a livable budget can help ensure you’re using your money wisely, tracking your income, cutting costs, and looking for ways to supplement cash flow as needed. It’s also a good time to perform an insurance check-up for your home, life, and business, to prepare in the event the unexpected happens.

Read More »
investing

Crypto Insurance: What Is It?

Happy Valentine’s Day from G.D. Herring! Today we’re sharing the last in Real Vision’s “alternative assets” mini series, which focuses on our favorite spirit, rum.

Read More »
money

Making Your Money Matter

The COVID-19 pandemic is causing financial stress for a lot of people. Creating and maintaining a livable budget can help ensure you’re using your money wisely, tracking your income, cutting costs, and looking for ways to supplement cash flow as needed. It’s also a good time to perform an insurance check-up for your home, life, and business, to prepare in the event the unexpected happens.

Read More »
classic cars

Attending a Car Show

Spring is knocking on our doors and, naturally our thoughts turn to Car Shows! We are hoping to see a few more this year, hopefully starting within the next couple of weeks. In my area around Louisville, KY, every year brings countless opportunities to attend…

Read More »
investing

Alternative Assets – Rum

Happy Valentine’s Day from G.D. Herring! Today we’re sharing the last in Real Vision’s “alternative assets” mini series, which focuses on our favorite spirit, rum.

Read More »
solar

A Solar Powered Car

Then I thought, “WOW! What would it be like to get an electric car and not have to pay for gas or electricity to power it?” I could literally drive around town at zero charge per mile.

Read More »
holiday

Merry Christmas

From all of us at G.D. Herring, every blessing to you and your family this Christmas and in the year to come. Merry Christmas!

Read More »
classic cars

Are Classic Cars an Investment?

Once you decide to start your car collection you have a choice to make; are you collecting or are you investing? This is actually a trick question. You can’t invest in classic cars or collectibles.

Read More »
investing

Five Alternative Asset Ideas You Already Know

…Real Vision has produced a series on “alternative assets,” which include some of our favorites – classic cars, fine wine, whiskey and rum. Watch, enjoy and learn more about how these things we love to collect can add value to our lives, just as they add pleasure.

Read More »
oriental rugs

What gives a rug value?

There are different categories for age, and age is where much of a rug’s value comes from. In particular, when a rug goes from a rug “semi-antique” to “antique” the value can increase quite a lot. The age of a rug matters a great deal in giving it value.

Read More »
classic cars

Cadillac One: The Beast

Weighing in at 20000 lbs, “The Beast,” as the Presidential limousine is nicknamed, features a stretched Cadillac CT6 dress. The Beast is powered by a

Read More »
classic cars

A Special Buick Special

In 1899 David Dunbar Buick founded the Buick-Auto Vim & Power Company which would later evolve into Buick Motor Company in 1903. In 1906, Mr.

Read More »
classic cars

Bentley and the Crewe

The seed of the original starter company Bentley & Bentley was planted when two brothers got their first taste of revenue from selling cars for

Read More »
classic cars

DeLorean – From Pontiac to “Flux Capacitor”

A Detroit, Michigan native, John DeLorean began his career first at Chrysler then at Packard. Later, he started working at General Motors and during his time in management, led the Pontiac GTO, Grand Prix, and Chevy Cosworth Vega teams.

Read More »
classic cars

Koenigsegg- Hypercar

Established in 1994 by Christian von Koenigsegg, the Swedish based company Koenigsegg Automotive manufactures some of the world’s leading hypercars. What is a hypercar?

Read More »