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Old 04-15-2004, 10:32 PM
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mrmustang mrmustang is offline
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Location: Greenville, SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
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Ned,

I watch these auctions with amazement, there are so many shill bidders, or dealer "networks" trying to "make the market"....Remember back in the early 80's with the Ferrari 308's....No, I'll remind everyone....Six "dealers" from across the US started to drive up the prices of these cars at auction to "make the market", people saw the cars selling at auctions for BIG MONEY and jumped on the bandwagon....6 months later, the scheme came to light (a federal matter I believe), and everyone who bought their 308's in the 70K and above range (some as high as $125K) saw the market collapse in on itself and settle back down to "normal" (aka:$40-50K) pricing.........Do I see a trend here in the past two weeks, yup, you bet.....Do others see it as well, that remains to be seen..............All I can say is "let the buyer beware".................


Bill S.
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