Mecum Auction

[spf645]

Thank you...

[Nedsel]

Just as a reminder, many if not most auction catalogs state clearly that the auction company itself reserves the right to make bids on sale lots "up to, but not exceeding, the seller's stated reserve price." Hence reputed bids on vehicles that did not meet reserve and did not sell may have never existed in reality. Dealers bringing vehicles to auctions, setting unrealistic reserves, and later claiming that "there were bids up to X" is a common gambit to make unsuspecting potential buyers believe the market is ahead of the sales figures they use as bidding guidelines. Nice game, that.

[mrmustang]

Originally Posted by legenmetals

This is a link to the May Mecum auction. I believe this is the car in question.

https://www.mecum.com/lot-detail/SC0...dster/4-Speed/

That is the car.

[Nedsel]

But that is a 60's Cobra with a history, not the continuation car we had been discussing earlier in the thread.

[dfresh]

I was at Mecum auction. The white cobra is being auctioned in May in Indy.
Doug

[Bernica]

Yes. They usually display upcoming auction cars on the front stage to promote them and draw attention for the next auction.