I was amazed at how high the bidding got on some of the cars going across the auction block at Hot August Nights in Reno. I was MORE amazed, though, at the reserves on these cars!
We saw a very nice '67 fastback C code go across the block. Looked really good, but it was nothing terribly special. Not a concourse car, but very stock. The bidding went to $30,000 and the car didn't sell because it was not even CLOSE to the reserve. HUH?
I did see a real nice '68 Camaro with no reserve go for $16,500. I'm sure the owner saw that Mustang get $30k in bids and thought she was going to make out like a bandit. She had a rude awakening, and she was NOT a happy camper.
The reserves on the Woody Wagons were in the $80k range. WOW! They were getting bids in the $60's, but no where close to the incredible reserves. I had no idea those things brought that kind of money!
We saw a very nice '67 fastback C code go across the block. Looked really good, but it was nothing terribly special. Not a concourse car, but very stock. The bidding went to $30,000 and the car didn't sell because it was not even CLOSE to the reserve. HUH?
I did see a real nice '68 Camaro with no reserve go for $16,500. I'm sure the owner saw that Mustang get $30k in bids and thought she was going to make out like a bandit. She had a rude awakening, and she was NOT a happy camper.
The reserves on the Woody Wagons were in the $80k range. WOW! They were getting bids in the $60's, but no where close to the incredible reserves. I had no idea those things brought that kind of money!
