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Old 10-14-2009, 09:59 AM
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RodKnock RodKnock is offline
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
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Quote:
Originally Posted by A-Snake View Post
You didn't miss anything. It is typical in a reserve auction for the auction company to 'raise the bid' to or near the reserve figure. The reserve was 1.5M. The seller later dropped the reserve.
Just to be clear, at the end of the show, post auction, the message on the screen stated that the car sold two days later. The seller and show host sat down before the auction and the owner seemed adamant about not taking a bid below $1.3MM I think. He said no way to $1.1-$1.2MM. Something must have changed his mind.

Just curious, and I'm no historian by any stretch, but did only a few comp cars have the dry sump oil system? 3034 did not, but it was converted to an S/C for sale. Love those magnesium wheels! I want some!
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