[quote=Mark IV;1400912]
Quote:
Originally Posted by RodKnock
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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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Weird $hit happens on BaT and eBay too. It's just not confined to one place or another.
We have a local CC member who has had his gorgeous Kirkham for sale since about February on Cobra Country. Price has been lowered, but it's still there. So, is that the best place to sell it? Is it the seller (great guy BTW)? Is it the price?
Do Kirkham's suck?
Auctions scare the heck out of me, but they are data points.