Not Ranked
[quote=RodKnock;1400907]
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Auctions run all year long. Perceived high and low prices will form an average. Period.
QUOTE]
Yes, auctions run all year. And the specialty car auction market is saturated....not with sales but with auctions! The market cannot support RM, Mecom, Sotheby's, BJ et.al. and continue to have a pool of qualified, willing bidders/buyers available week after week which the frequency of these sales now. The auction sales for most replicas are spotty at best. One day an iffy self-build FF5 goes for 90K, the next day a very nice SPF or BDR goes for 50. I contend that auctions are NOT the proper market for these cars and generally sell to bottom-feeder bidders who are opportunistic purchasers.
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"I'm high all right, but on the real thing....powerful gasoline and a clean windshield..."
rick@autoventureusa.net
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