View Single Post
  #9  
Old 05-17-2014, 05:29 AM
njsteve's Avatar
njsteve njsteve is offline
Yenko Contributing Member
 
Join Date: Nov 2003
Location: NJUSA
Posts: 8,493
Thanks: 9
Thanked 3,019 Times in 924 Posts
Default Re: Carolina Blue 1969 Camaro Z/28 @ Mecum Auctions

Remember that in the consignment contract, the auction house has the right to bid the car up on their own, to just under the reserve, hoping a real buyer will step in and bid to get it over the reserve. Obviously the reserve was $460k.
Reply With Quote