Re: Russo and Steele auction
I hate to put you in the middle here Charley....
The posting of the consignment form for the Shelby GT500 does provide a visual aid for us all as to what the consignors agreed to and signed. I agree with Charley and others that all though it's sad that a mistake was made the seller had every opportunity to correct it.
In regards to the Boss 429...I can see from the consignment form that the seller had a reserve of 300K and agreed to lower that reserve while the car was on the block. My guess is the consignment agreement allows the auction house to advance the bid up to the reserve amount and the auctioneer didn't remember or recognize the winning bidder as a fellow employee. If I'm right in that assumption then it is a rigged carnival game and R & S should have to buy the car. You play with fire and you get burned! If I'm off base and a retraction and apology is warranted then one will be forthcoming. But as of now I don't see anything to change my mind.
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Howard
Growing old is a certainty, growing up isn't
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