The 34 3w did not meet reserve. The phone is still ringing, they all quit bidding thinking they could buy it after the auction for no commission. Reserve was 35k, far less than what it cost to build it. Before the auction I had calls from all over the country saying what a bargain 35k is, and will for sure bid higher than that....but they didn't.
Fact is, I am under contract, and I have known the auction family for 45 years, and the only reason they knew about the car is from the auction advertising, so , no we are not going to cheat them out of the commission.
Another phone ringer was the ott 9 maxwell. I had 18k reserve on that, the most persistent caller got me to drop to 17k and payed the commission. The auction co lowered the commission because while online we pay proxbid by the item for online hook up and now they are out of the picture. Lost money on that car, but it was perfect when I bought it, and now the rotten minnesota climate has the paint falling off everywhere. I should have spent the time to paint it, but the list (was?) is too long, gotta move forward.
The reason for all of the cars to be on sale is, the auction folks charge on a sliding scale.
starts at 100k-20%. Goes down with every 25k. So if even one more car had sold, I would have broke another drop down and made more off every piece.
The 3w is still here, I don't have to sell it,ain't broke, been offered 40, but I'll keep it.
Its been quite an event, still not done loading things out, stuff went all over the country,
and dealing with the mess. Again, overall, I think it went well, and really I had no choice. Could not possibly move it all, and I have proven to be too lazy to sell piece by piece, so this way someone else carried it away and the sheds are empty.
Auctioneer lady is Sammy, I like her! 3rd gen now, I was buying stuff from her grandpa 45 years ago. Her dad is my age, and a local sprint car champ. She really has the "abida-abida-abida auction lingo down!
Thanks Pete, for all your efforts here!
