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Post Info TOPIC: Cool Barn Find 59 Vette going up for auction


A Poncho Legend!

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RE: Cool Barn Find 59 Vette going up for auction


That video was a nice find Earl. Car looks way better on auction day that initial photos.

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Ray White, Toronto ON

Formerly - The one and only 1973 LeMans 454 "Astro-Jet"

Built March 9, 1973 - Oshawa ON

1993 Corvette Convertible LT 1

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i'm left speechless...

Wow ! 37K in this economy...


I know it is a very desirable Corvette but still...






-- Edited by platinuml79 on Monday 7th of March 2011 06:26:09 PM

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Uber Guru

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 (lol) Those auctioneers crack me up!!! " If I had the money........... Make no mistake, it will be sold........."


 Yep, lotta monies but the guy wanted it.............. Maybe he knows something we don't?

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Vincent Jr.



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somebody has some xplainin to do............

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later...rog

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I'm a collector...not a builder!!Located in sunny central Saskatchewan at the lakehead!


A Poncho Legend!

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Well the beauty of seeing the actual auction is we can hear and observe all of those things going on. I have to be frank though, I saw no high pressure or other tactics used to drive that price up. It appeared to come down to two people who placed some intrinsic value on that car based on their own preferences and circumstances. 

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Ray White, Toronto ON

Formerly - The one and only 1973 LeMans 454 "Astro-Jet"

Built March 9, 1973 - Oshawa ON

1993 Corvette Convertible LT 1

Built January 10, 1993 - Bowling Green Kentucky 

 




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73SC wrote:

Well the beauty of seeing the actual auction is we can hear and observe all of those things going on. I have to be frank though, I saw no high pressure or other tactics used to drive that price up. It appeared to come down to two people who placed some intrinsic value on that car based on their own preferences and circumstances. 



Thats all it takes Ray. 2 guys with money both wanting the same car. Just didn't think it would bring anywhere close to that.. I was wrong. It looks like the auction was run legit. No schill bidders.

 



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Poncho Master!

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that is ridiculous!

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A Poncho Legend!

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Jeff (Tiny) said there were a lot of big players there including a lot of trucks with enclosed trailers from the U.S. The numbers must have been right on that car.
Now we'll have to find the forum that has the build thread!



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A Poncho Legend!

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Great News!clap.gif the market has recovered!!! handshake.gif

Raise your prices
worship.gif


Happy Days are here again.......
w00t.gif

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Guru

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WHAT THE HELL    37,000 AND ANOYHER 50, TO RESTOREashamed

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A Poncho Legend!

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AT  87,000.00   its still a rough riding, sold axle, hard steering, ugly old car..twocents.gif

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Hmmmm thinking I will go paint a stripe on moms old Vette and see what it would do at auction..It hasn't been insured in 23 years

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let us know when the auction is !!!

not that I have that kinda scratch ....

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later...rog

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Poncho Master!

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Wow...prices are solid for these cars obviously! It must have been alot cleaner underneath than we guessed... but realistically, still not a 2x4 or fuelie car?!... big money...

ak

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427carl wrote:

AT  87,000.00   its still a rough riding, sold axle, hard steering, ugly old car..twocents.gif



 I agree Carl. These cars always looked good, but are not much fun to drive.
 63 to 67 are way better!biggrin

 



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Well 66ragtop has his answer right here 37 - 10 percent is way more than anyone could get out of their driveway and imagine the buyer @ 37 + tax + 10 percent fee !

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Poncho Master!

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67BBSD wrote:

Well 66ragtop has his answer right here 37 - 10 percent is way more than anyone could get out of their driveway and imagine the buyer @ 37 + tax + 10 percent fee !



crazy that somebody would pay 37k for that, but we cant even find a buyer for your car at 5k? the market is really twisted........

 



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73SC wrote:

Well the beauty of seeing the actual auction is we can hear and observe all of those things going on. I have to be frank though, I saw no high pressure or other tactics used to drive that price up. It appeared to come down to two people who placed some intrinsic value on that car based on their own preferences and circumstances.



Based on my previous post I do not think we should put any value in the outcome of this auction with respect to fair market value or even an upturn in the old car market. It is simply a case of someone with a good deal of money behind them who wanted the car. 

 



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Ray White, Toronto ON

Formerly - The one and only 1973 LeMans 454 "Astro-Jet"

Built March 9, 1973 - Oshawa ON

1993 Corvette Convertible LT 1

Built January 10, 1993 - Bowling Green Kentucky 

 




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That is very interesting.....none of us were even close to the right dollar figure! Starting bid was $10,000. Anyone notice the family who walked away after the wife bid around $20,000 and then it kept going higher? She must have wanted it but her arms were not long enough to reach any deeper into the pockets.

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73SC wrote:

73SC wrote:

Well the beauty of seeing the actual auction is we can hear and observe all of those things going on. I have to be frank though, I saw no high pressure or other tactics used to drive that price up. It appeared to come down to two people who placed some intrinsic value on that car based on their own preferences and circumstances.



Based on my previous post I do not think we should put any value in the outcome of this auction with respect to fair market value or even an upturn in the old car market. It is simply a case of someone with a good deal of money behind them who wanted the car. 

 



Right on Ray!!!

 



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