[sixtiesmuscle]

The last time prices of Yenkos & COPOs [not to mention Hemis] got to the levels we are seeing now, many formerly undiscovered cars appeared as well. Kinda makes sense. People see what the good ones sell for, and, think their old beater can be sold for big bucks too. After all, "it only needs a good detail, and some TLC", or "just paint", or something like that.
The cost of a PROPER restoration has become so costly AND time consuming, that, I agree, it's easy to get upside down on a project that , when completed, is nothing really "special".