[Jeff Murphy]

On the other hand you are unlikely to sell a 69 ZL-1 without a reserve [img]/ubbthreads/images/graemlins/wink.gif[/img] I'd be happy to participate in that auction if you do have one to sell without a reserve....

Seriously though, you see a lot of no reserve auctions go by without a sale because the seller put his starting (in my books "reserve") price too high.

I also think that the wasted time/bids concept you mention also doesn't actually exist. Clearly all or most of us wait until the final few seconds of an auction to submit our killer bid (except poor Charlie on the Berger frames because he was on the road [img]/ubbthreads/images/graemlins/frown.gif[/img]). That's the phenomenon that gets us $3500 LS6 distributors and $900 motor mounts, something in each case that I'm sure the seller wasn't expecting.

I guess the opposite side of that is something like what happened recently on a full 69 Z28 smog setup -- the seller yanked the item and sold it away from the auction, even though a board member was interested, because "there didn't seem to be enough interest." Maybe he should have waited -- might have gotten $2000 for it??

Just my opinons. [img]/ubbthreads/images/graemlins/grin.gif[/img]

Also, not bashing camarojoe or buy low/sell high, but I'm amazed at how prices can ratchet so quickly. Guess it's all in what you know vs. the other guy...