Fall in the value of vintage vehicles comes after years of demand that have made tham a strong investment, says Coutts bank

Classic cars and works of fine art tumbled in value in 2016 while photography and rare musical instruments emerged as the hottest collectors’ items, according to a leading private bank.

The fall in the value of classic cars – down in price by 10.4% last year – comes after years of booming demand that has made them one of the best investments over the past decade, said Coutts.

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