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O/T: The Barrett/Jackson Classic Car Auction

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Old 01-19-2002, 07:44 PM
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O/T: The Barrett/Jackson Classic Car Auction

is on Speedvision all weekend.

Last night, a '67 Yenko Camaro sold for $150,000 and today a '32 Ford Higjboy Custom Rod by Art Chrisman with an Ardun OHV converted flat-head went for $160,000! Many awesome vehicles are being shown............

Dan
 
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Old 01-19-2002, 07:52 PM
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a 1970 CHEVROLET CHEVELLE LS-6 CONVERTIBLE went for over $155k....
Of course it had $150k invested in the restoration....
Doug
 
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Old 01-19-2002, 08:21 PM
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I watched and the Yenko only sold for $108,000. Was there another one in the auction?

Spike
 
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Old 01-19-2002, 08:37 PM
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Yea i saw that Yenko go for $110,000. It was a nice car but i would of liked to of been the guy who bought that Saleen S7 that was auctioned off at $400,000.
 
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Old 01-19-2002, 09:38 PM
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$104k 1968 SHELBY GT500 KR CONVERTIBLE

1968 SHELBY GT500 KR CONVERTIBLE sold for $104k

http://www.barrett-jackson.com/event....asp?id=168748
 
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Old 01-19-2002, 10:47 PM
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Hey,my buddy was out there last night and met Jack Nicholson in the bidder's tent.Got his autograph & all.Says it was pretty cool!I may go check it out tomorrow.-Later.
 
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Old 01-20-2002, 12:16 AM
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I was at the Barrett Jackson auction today and met the guy that paid $102,000 for a 1956 T-Bird. Supposedly, it was a record amount for a '56 T-Bird. The guy looked about 35 years old.
 
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Old 01-20-2002, 10:36 AM
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That guy got ripped. My uncle just sold a near-perfect, original '57 T-Bird for 32,500. I think my uncle should've trailered his out there.
 
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Old 01-20-2002, 10:54 AM
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Most of the cars at the auction that were getting the BIG dollar were rated 100 out of 100 on car show scale and had won awards at Palm Beach Auto show.

In other words they were perfect and had complete records and in many cases were "special". In one case they sold the oldest 8 cylinder thunderbird on the planet. One of 50 made and the earliest production number ever. I think that is the one we are talking about. Which sets it apart from other thunderbirds

Doug
 
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Old 01-20-2002, 11:10 AM
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I understand what you're saying. But what I'm saying is that auctions are known for inflated prices and/or people getting caught-up in the moment and spending more than they had planned. One trap is the "phantom" bidder that is actually with the person selling the car to go back and forth with the real buyer.
My uncles' '57 was one of (some #) that was assembled in Europe and had a speedo in KM. I wonder what he could've gotten out there. Better not mention it to him.
 
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Old 01-20-2002, 11:28 AM
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I would've like to have been the person buying the yellow GT40. $375k, must be nice to have money like that.

I laughed when I heard the reserve on the 99 Pontiac Grand Prix concept car for Richard Petty. I know it's a one off, but who'd really want to pay over $100k for a Grand Prix. I'd rather buy one of the Ferrari's that was going around that price. You'd definitely get more looks on the street than in a Pontiac.

Bob
 
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Old 01-20-2002, 02:32 PM
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Originally posted by Frank S
I understand what you're saying. But what I'm saying is that auctions are known for inflated prices and/or people getting caught-up in the moment and spending more than they had planned. One trap is the "phantom" bidder that is actually with the person selling the car to go back and forth with the real buyer.
My uncles' '57 was one of (some #) that was assembled in Europe and had a speedo in KM. I wonder what he could've gotten out there. Better not mention it to him.
Frank, you're exactly right and from what I hear, the T-Bird almost went for about 50k until two guys got into an "I'll one up you" mode along with crowd participation. The car was being sold with NO reserve.

One minor nit. While you're correct about being aware of "phantom" bidders, the "phantom" bidder can't be the seller as the seller MUST be on the auction block while the auction is taking place. I'm sure the "phantom" bidders are in cahoots with the seller though.
 



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