BJ Auction WOW!!!!!!!!!!!!!!!!!!!!!

[Turk]

I think a few of us are missing the boat on this one.
Auction prices determine value, on that given day. Some of us think that is too much and some will undoubtedly think the price on a given car is too low.

Unless you bought a car or sold one on that given day, the prices you and I think are moot.

Some will go and restore a similar car thinking they could take it to the next B.J and make a killing.

Many have been heartbroken over that before. Next auction there could be heavy emphasis on Ferraris. It is a trendy and cyclical thing.

If by his own admission Mr. Mustang would miss one car by over $140,000 who is the authority on what that car is worth? Mr. Mustand or the people who bought and sold on that day. None of us saw that one coming, including the seller.

I am not picking on Bill. As that car was gong through the block Jamo and I were on the phone. He was watching the show and I was driving back from Provo. I stayed on the phone long enough to hear it sold. At $100,000 I thought I should be hanging up any moment. When I arrived at my driveway, they were still bidding.

I guess my point is, NO ONE knows what these cars are worth except the seller and the buyers getting together at an auction. That is what makes the market.

Three years ago, I thought anything over $25,000 for 60's Camaros were too much. Two years ago I thought $35,000 was nuts. Last year at $60's I thought they have lost their mind.

As soon as they get back down to the $20's I am going buy me a bunch of them and store them.

Mark my words. Split Window Corvettes, ANY split Window Corvette will be worth GOLD one of these days.

TURK