Pagoda SL Group

Off Topic => Way Off Topic => Topic started by: Kayvan on August 18, 2009, 15:22:33

Title: Pebble Beach Auction Results
Post by: Kayvan on August 18, 2009, 15:22:33

http://www.goodingco.com/auction/ (http://www.goodingco.com/auction/)

http://www.goodingco.com/auctions/results/pebble09/ (http://www.goodingco.com/auctions/results/pebble09/)

http://www.bonhams.com/cgi-bin/public.sh/pubweb/publicSite.r?sContinent=EUR&screen=ResultsXML&iSaleNo=17327 (http://www.bonhams.com/cgi-bin/public.sh/pubweb/publicSite.r?sContinent=EUR&screen=ResultsXML&iSaleNo=17327)

http://www.mecum.com/auctions/auction_results.cfm (http://www.mecum.com/auctions/auction_results.cfm)

http://www.russoandsteele.com/featured_automobiles.html (http://www.russoandsteele.com/featured_automobiles.html)


300 SL/ Gullwings maintained $500-700K+ plus valuations; 113s sprinkled in too

Title: Re: Pebble Beach Auction Results
Post by: Peter van Es on August 18, 2009, 15:43:17

The one car I would have liked from Gooding (Lancia Aurelia, Lot 86 (http://www.goodingco.com/auction/product.g&c?pid=332), offered with no reserve, estimated $110K-$145K) did not get sold. Can someone with more auction experience explain to me how it is possible that a car offered with no reserve does not get sold at an auction like this (unless it was withdrawn before the event, which does not appear to be the case, as the car is still in the Catalogue).

Peter

Title: Re: Pebble Beach Auction Results
Post by: Kayvan on August 18, 2009, 16:11:18

Its called protecting the reserve, Gooding or the seller can place that floor bid and not disclose, its in fine print

http://www.goodingco.com/auction/content/pb09_conditions_of_sale.pdf

Title: Re: Pebble Beach Auction Results
Post by: Peter van Es on August 18, 2009, 16:42:27

But the car had no reserve....

Peter