If the demand and supply status for Cobras was such that for every one offered for sale there were two potential buyers then the price would increase accordingly due to demand exceeding supply. However once the asking price gets to a level where demand starts to fall away, that's when you get a fair idea of the market value.
For example, at a price of $110k+ (which is the price one of those sellers is asking) this is obviously way too high in todays market as there are no takers at that price - and why would there be given that you can get 10-12 others for less than that price with most around the $65k to $70k mark. If however there was only one for sale at $110k then it's more likely he would get that asking price (or closer to it) because he has no competition from other sellers.
If you desparately wanted a Cobra and had been looking for the past 3-6 months and the only one you could find for sale was the one on carsales.com for $110k AND the seller wasn't prepared to budge on asking price, then its a fair bet you'd pay $110k for it.
The same principal works for any car - even Black BA2 GT's 
or any desirable commodity for that matter
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2005 BA MK2 FPV GT - 6 SPEED MANUAL , SILHOUETTE, SWISSVAX, SUNROOF, BILSTEIN AND LOVELLS, FACTORY GENUINE 19'S, X-FORCE STAINLESS QUAD CATBACK, ADVANCE HEADERS, 200 CPSI CATS, BLUEPOWER CAI, HERROD BREATHER KIT, 4:11 DIFF RATIO, MAL WOOD OPT 3+ CLUTCH, BILLET SHIFTER, MELLINGS 10227, NOW WITH REVERSE CAMERA/SENSORS, ALPINE SPEAKERS & SUB - CUSTOM TUNED TO 275 RWKW
NOW WITH A NEW ADDITION - 2017 MUSTANG V8 GT FASTBACK - , 6 SPEED AUTO IN PLATINUM WHITE,
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