January Auction Thread (2025 Edition)

As I recall the museum sold a few cars by private treaty and was sharply criticized for it. Possibly the board stipulated that the cars had to be sold at auction and went with the best proposal? Rob Myers is a hell of a closer.

 

It happened in 1982, 1990 and 2008,
Remember when the Japanese real estate was worth multi millions--or when the Arabs had all the money in the world & no one else had anything??

It can & will happen again.
The days the music died!!

Ken Goldman

 

The upside is resettling prices will allow more buyers into the market and hopefully it’ll encourage cars to actually be used versus tucked away. I’m quite excited at the opportunity to get some great cars that seemed “too expensive” for so long.

 

Have you guys seen estimates for the Miami RM auction?

It's not vintage but wow..prices are wild.

6m for an enzo with 1000 miles.
6m for a 959 Sport.
6m for the yellow bird Ruf.
2.7m for a 918 weissach.

 

Wrong forum.

 

you know the difference between I WANT and I GET?

555 SSQ in Paris was 4,5 to 6,5 without reserve
not sold at 1,9

 

These are estimates.
The Ruf Yellow Bird is at Gooding, Amelia(another absurd estimate IMO).

 

The problem you are forgetting is that it can take years for some owners to accept the reality of price drops...so they sulk and the car gathers dust.

I know dozens of them.

No matter how hard you hit them with reality speeches only time can get them to accept a realistic offer.

I have a client who kept showing me 2015 valuations for his car....the peak of the market...So I sent him a photo of an Ostrich with it's head in the sand saying this is YOU. Not to insult him but to help him understand the current price reality.

 

I'll believe it when I see it...that seems absurd. Sure we can get crazy above estimates every once in a while, but not that many consecutive.