If the owners have been out of the mainstream collector car market for any amount of time, they likely had no idea if $110,000 was a good offer or not. A year ago, $45K-$50K would have likely bought this car. Personally, I think it is a tremendous offer and far exceeds any previous sales, but can you blame them for conducting some due diligence if they don't have a personal frame of reference for comparison? It would be great to see the car restored or just cleaned up and out at some shows for everyone to appreciate.