Re: 69 Z28 Sold for $112,000
There was no agreement on the Zeppher. It was a real sale to a guy that is gonna put it in his collection. All those big sales were real. Barrett is by far the big dog in town and is really pushing the No reserve . I know dealers that have been selling there and if they buy one of their cars back they are paying full amount. Take it or leave it because they are the big dog. I'm sure there was well over 100K in that Zeppher. If it was built at a Pro Builders shop there was probably over 200K. There are People spending over 1 Mil getting street rods built. The 55 Numad is one example. You would have to be there to see how crazy the market there was. We are so focused on our #'s matching stock opinions. Others have opinions that they will pay more for a really neat looking car. We have our opinions but it doesn't necessarily mean we are right. I don't think the guy that paid 112K for that Z cares what the market is or if it was real,. It matched his Yellow Jacket is the reason he gave. I spoke to the seller of the 260K Shelby with the Aluminum 427. He was like the Cat that Ate the Canary. He was on cloud nine and in shock. There were several real bidders on that car at over 200K. These People don't care if they lose money down the road on them. They have enough money that the cars could all burn tomorrow and they would move on. Craig Jackson is up there excited right there along with everybody else in the room. There are also cars that for whatever reason sold for dirt cheap. That is what brings People to auctions.
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