In the past RM and Gooding have offered streaming auction coverrage or/and ebay online auctions. Seems that the Arizona auctions do not offer either feature. am i correct? Is there a way to monitor the results/auction happenings online? Thnx
I am thinking of introducing an indepentant auctionwatch site, where I publish the results online and if possible, and authorized by the auction company, offer a webcast, with live commentary about the atmosphere in the room, wheather buyers are there and where the general feeling in the room and what the talk is on where the market direction is heading... How well cars are bid and how many bidders were active... I have a feeling this could interest lots of people... Also, such a service could maybe offer independent inspections of the cars available, even as a webcast so the interested buyer can see for himself live??.. Just an idea... I aim to be trying this in a basic webcast form at retromobile... www.biz5300.com will be the provisional website ... What do you think out there? is there a need? (site is NOT online yet) Nik
"View Auction Online" is offered on RM's home page, but it redirects to a message stating "Please contact us for more information" and an introductory page. Maybe things are worse than we'd imagined. Would be interested in your webcast, biz5300. The collector car markets are so illiquid and opaque that auctions provide the only timely window into price movements, and this is a obviously a period of unprecedented price volatility in all other asset classes. I would be a ready buyer for certain cars (posted elsewhere) but nevertheless have some inhibitions due to the absence of up-to-date information about market conditions. Hope your webcasts become a reality.
They are having trouble with the live broadcast, apparently I was caller number 151 to ask them if there was a problem. The auction is right now, and I am a bidder on a car. Jay
I am here at the sale. The place is insanely over packed, standing room only. It's early into the sale. Most of the cars are selling at fair market value, owners are realistic and correcting their reserves to meet buyers interest level. We let the black bbi got at $89k. The PFS2 coupe had a last real high bid of $340k. Nearly $375k. I would have let it go if it were mine. More later if I get time as it is hard to watch ant type on my I phone, Cheers, Bill
Yes... every sits around and try and chase the resuts... I will do a webzine as well... just bought myself a refence library worth 25000 USD and the complete Automobile revue and for fact and cross referencing.. Will keep you informed when online... Nik
Thanks Bill. Oh, By the way..... Can you see from where you are, Is there anybody with 100 Euro bills hanging out of their designer jean pockets drooling on the Grey Mangusta, lot number 209? Jay
About 1/2 through the sale. Mangusta looks cute but I honestly have no idea about these cars and would not feel comfortable commenting one way or another. The auction areana is over capacity and the fire marshals are watching the situation closely. The sale has perked up remarkably with some very strong prices and very few no sales at this point. No owners are panicking but buyers have gotten very competative outbidding each other aggresively. Rob Meyers is smiling ear to ear and obviously pleased. I am a little shocked how strong the smaller no reserve lots are selling to a largely new crop of eager buyers. The key Ferrari lots have yet to come up. More later as I can, Bill
TDF n/a @ $1.8M Two well-known collectors in the audiance did most of the bidding. High bidder was overseas on the phone. Bill
835k usd for the 275GTB/4 just repriced that sub class... this is a 1.25-1.5 car last year. looks mighty clean.
N/a on the 57SC, my freind sitting next to me took our old 4cam to$825k but let it go when it went to $830k to another floor buyer. Some of the big lots are getting close but owners not willing to compromise on reserves is holding back some sales. Small, medium and the no reserve lots are finding an over eager audiance and selling well. Bill
I flew over to Gooding on Wednesday to look at a car early and it was busy with early-bird viewers even as they were setting up...