Quote:
Originally Posted by CobraDan
A Snake,
No, what I’m saying is if we had all known that 3021 never sold for 3.5M that maybe a more realistic reserve (and I have no idea what the owner had set for his reserve)would have been set on the Turd. We use past sales to reflect on what a car might bring at auction now.
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The past sales history of similar cars does influence future sales but I don’t see the comparison of CSX2196 with CSX3021 (besides the last auction for CSX3021 was a year ago, sale or no sale). One might compare CSX3021 with the recent sale of CSX3006.
CSX2196 is unique and I would have a hard time comparing it with other Cobras. Thus, what is a realistic reserve for CSX2196? I think it comes down to a willing buyer and willing seller that agree to a price. As yet it appears that has not happened.