Dwhite
Member
Many of those auctions are a joke. Watch a RM or Sotheby's auction to see how it should be done.
Agree. Liked it better at RM with Max Girardo.
Many of those auctions are a joke. Watch a RM or Sotheby's auction to see how it should be done.
Agree. Liked it better at RM with Max Girardo.
That was not originally a heritage car. That's a previous salvage car that was repainted to gulf colors by "someone" in Texas
If the guys running these things are shill bidding someone with a bull horn and a badge should shut them down.
Sadly my understanding is they 'are allowed' to shill bid up to reserve
what was the name of the big outfit who ran the Auburn, IN auction Labor Day? I think they are long gone due to their inappropriate behavior and letting people pay cash under the table at their auctions to avoid taxes. it was totally ridiculous but like I said, the back of the entry form (in small print) said they were allowed to bid the cars up which a lot of them still do today. I will give Sothebey's and RM some respect for not pulling that crap from what I have seen.
Overall condition was very good with very little wear showing with the 46,000+ miles. I think the package was slowing the bidding somewhat. I was told today that the $175,000 was a real and very firm bid and the estate owner would not take that for the vehicle. Nothing as to appearance was a,deimnt to the vehicle.
Thanks. I was not able to attend or have anyone I know look at it. I did contact Mecum, and they (as of a few days ago) were willing to entertain offers. I think thats standard practice as long as the seller agrees from what I can tell. May be gone by now though. Based on pictures (sure not like looking at something with your own eyes of course) the car looked nice. The Heritage just looked and appeared to me after the results were published as just too spooky to follow up on. Thanks again!
good move on the Heritage. far too many stories on that one. maybe Shelby can educate us more on that one.
Max Girardo is a pro. Note how he actually identifies the bidders.
https://m.youtube.com/watch?v=VWC9HpMKU9U
After watching a few, it also seems that the high-price auctions are fueled by too much alcohol and excitement (as others have observed). I was casually watching a BJ auction on TV this morning, and a 1961 VW microbus sold for over $200K! That's nuts. A VW?? Yeah I know they are rare 'cause most of them rusted way a long time ago, but still...
Prices on those have been in that price range and going up for the past two or three years, so that's a real market. The real question is why. I suspect it will collapse like the Dodges did in Mopar Mania 8 or 9 years ago.
Many of those auctions are a joke. Watch a RM or Sotheby's auction to see how it should be done.
The "greater fool" principle in action...
I have always thought the fast pace jibber jabber too much for my brain to process.