Miura, the original supercar

Actually, even if it doesn't sell, we will still know what the market was willing to pay on that day, which is reflective of true value.

 

We won't. The auction house is able to bid up to or just below the reserve price.

 

Generally that's true.

This is a practice which many auction houses refrain from these days for obvious reasons as it is more beneficial to allow the high-bid to be the benchmark, and, you're assuming this auction house would actually do that in this instance.

There are a number of variables being speculated upon here, the auction house hasn't yet declared the estimate, and indeed we don't know what the reserve price will be or indeed if there will be one, so as I suggested with the upcoming auction of 4920, let's just wait-and-see.

Meanwhile, one thing that has been declared by the auction house is, the total restoration by Lamborghini cost 400,000 Euros.

 

In my view, to keep things above board, the identity of the bidder should be available to another bidder upon request. This prevents the broker from accepting bids 'off the back wall'. This was accepted practice when I was a was a commodity auction buyer...

 

A lot should be 'offered without reserve' if there is no reserve. Otherwise the reserve price is indicative by the valuation. Nevertheless whether the reserve is set or discretionary if the broker is unable to meet the market the lot will remain unsold...

 

Indeed, some auction houses facilitate this upon request

Agreed, that's why I posted "we don't know what the reserve price will be or indeed if there will be one", the latter part of that sentence meaning 'offered without reserve'.

 

SV 4814 looking better than I have ever seen it in the 30 years I have known it (I first saw it in person in 1988 @ Syon Park West of London) following a total restoration in Italy by Cremonini et al

Image Unavailable, Please Login

 

Beautiful in original Azzuro Cielo

Image Unavailable, Please Login

 

[QUOTE="joe sackey, post: 146144052, member: 34170"...we don't know what the reserve price will be or indeed if there will be one"...[/QUOTE]

Since a reserve price is agreed between seller and broker and is not published how will you ever know what it is?

 

Indeed the reserve is not publicly disclosed, but I am also referring to the possibility that there might not be any reserve at all, many cars are "Offered Without Reserve", the example below being one of many for the upcoming August auctions.

Bear in mind that some auction houses do not make a No Reserve declaration (or their given Estimate) in their advertising or their catalog till shortly before the auction

Image Unavailable, Please Login

 

I don't know if this has been posted here before but it is excellent!

ex Shah of Persia Lamborghini Miura.

Enjoy it.

 

Not sure if this is a re-post. But I like it...
I am pretty sure that the Milano registration is a fake...



Any idea(s) about the VIN of this car?

 

Early P400...Skai interior, headrest, etc...

 

Walter are you reminiscing about the Swinging Sixties again?

I heard a rumor that you used to drive a Miura to college

 

I happen to love shill bidding, because it make auctions more exciting to watch. When you are a spectator of many live auctions, you tend to become accustomed to each auctioneer's "shill style". With these insights, it becomes almost like an inside joke on unsuspecting bidders, as well as a source of entertainment when a single bidder doesn't realize whats happening.

I'm sure there were several members of this board in the room many years ago during the infamous sale of a VW Combi to a very, very drunk woman, who helped set a record with the assistance of a very cooperative chandelier. Henceforth, the VW Microbus has been known as a "Signature Vehicle" of that particular company. I have many, MANY great eyewitness stories from all the other major auction houses.

As a general rule, one should never bid more than one is comfortable paying, so if the bidder follows that rule, no one really should get hurt.

 

I happened to be in the john when the Combi was on the block. Everyone was watching the monitor incredulously when one guy looked up and said "Holy **** that's my wife"! She is now an honored guest at the auction company.

 

Yes, but in the mid-70s! 60s was too early for me....

 

Dino Martin took his P400 3237 to school

Image Unavailable, Please Login

 

3444. I saw this on www.kidston.com. Great Miura info on the individual cars.

 

Sorry, the great individual Miura info is on www.miuraregister.com

 

I don't know of any SVs which left the factory with eyelashes, but It would seem Ferruccio would have enough pull to make that happen on his personal car after it left the factory.

 

Nighttime shot of 3378.

 

@ a decade ago we sold the famed Miura ZN75 for what was then a world record sum for any Lamborghini.

I then organized this studio shoot in Los Angeles with my good friend & ace photographer Les Bidrawn, knowing that the car was about to be restored back to it's original Bertone Roadster guise.

As one of the few people to drive the ZN75, I can confirm it was not only the most expensive Miura ever created, but it was also the heaviest!

Fond memories

Image Unavailable, Please Login

 

About a year later, I got to test drive it again as the original Bertone SpA Roadster for this shoot behind our home http://joesackeyclassics.com/portfolio/miura-roadster-reborn/

Image Unavailable, Please Login