Carolina Blue 1969 Camaro Z/28 @ Mecum Auctions

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Carolina Blue 1969 Camaro Z/28 @ Mecum Auctions

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05-18-2014, 04:16 PM

mmcporter

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Re: Carolina Blue 1969 Camaro Z/28 @ Mecum Auctions

I'm not defending Dana Mecum (or any other auction house for that matter), but this practice of the auction house running the car up to just under the reserve is a "normal" auction practice called "chandelier bidding"...again, it's a practice of the business model and not exclusive to Mecum....

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