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Old 08-28-2005, 05:37 AM
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njsteve njsteve is offline
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Default Re: $5 Million Dollar HEMI CUDA Convertible!!

[ QUOTE ]
How could anyone state that a 4-door car of less than 4 built out of 11,000 is worth less than a Yenko Camaro? Answer:

[/ QUOTE ]

Answer: because it's a four door.

Gee, In 1986 a real four door Impala with a 427/425 and a four speed beat my real 1971 Hemicuda convertible at the Supercar Showdown. I guess that particular four door must be worth at least 7 million now because it was just as rare as my hemi ragtop. I will say it again, there's rare and there's valuable. They dont always equate to the same thing, that being $$$$. Just because something is numerically rare, doesnt mean it's inversely, numerically valuable.

You might want to check the website of the auction you mention and click on the "terms and conditions" It actually says that the following:

"3. Unless the sale of an article is advertised or announced to be otherwise, each lot is offered subject to the reserve price of the Seller. When an article is sold with reserve, the auctioneer may bid on the Seller's behalf in an amount not to exceed the reserve price."

That is very scary fine print. Forgive my ignorance but doesn't that mean the auctioneers can throw in shill bidding to build up the price just below the $3,000,000 reserve on that four door hemi, just for the records books?

I am actually going to the auction and I'm bringing the Z11. If it sells, the amount it brings won't even be a quarter of the sales tax on one of those hemi ragtops. I will make sure I bring my camera...this one should be interesting.
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