04-27-2010, 04:37 PM
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CC Member
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Join Date: Jan 2010
Location: so san francisco,
ca
Cobra Make, Engine: NAF 1965 427 bodied w/Clevland 351 bored 60 over toploader 4 speed White and grey stripes
Posts: 62
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Not Ranked
Bidding at auctions
Quote:
Originally Posted by powerslide
Related to unusual Cobra pricing....did any of you follow the bidding on the NAF 289 FIA located in NW Washington state? All week long the price was stalled at $15,100 and 16 bids. Then with just a few hours to go the price shot up to $33,450, 25 bids, and the reserve appeared to drop off.(I thought it was the typical last minute feeding frenzy). Then with an hour and a half to go the amount of $15,100 reappeared with 16 bids! What the.....? The reserve was back on. The auction closed at $15,525, 17 bids, and the reserve not met. What am I missing here?
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A really good auctioneer can get you to bid aganist yourself he will work the floor as if you have a bidder going up aganist you but in fact you are the high bid and dont have to do anything. |