[CR]Now:eBay Confente Was:Masi on Ebay


Example: Framebuilders:Alberto Masi

Date: Tue, 03 Jul 2001 13:53:31 -0800
From: Chuck Schmidt <chuckschmidt@earthlink.net>
To: classicrendezvous@bikelist.org
References: <20010703202055.39168.qmail@web11904.mail.yahoo.com>
Subject: [CR]Now:eBay Confente Was:Masi on Ebay

Fred Rafael Rednor wrote:
>
> > Small point: the Confente on eBay didn't meet
> > it's reserve and didn't sell for $8600.
> Chuck,
> Now I'm really curious, especially since I thought you said
> that the bike would be sold. (Or was that actually someone
> else?)
> I realize the reserve was something like $10,000 but I would
> have expected the seller and high bidder work out some sort of
> arrangement, nevertheless. Does this mean it didn't change
> hands after all or simply that the price was something other
> than $8600.

When an item on eBay doesn't meet it's reserve none of the bidders are required to honor their bid amounts.

The bike was sold in Southern California after the auction to one of the original bidders and it was sold for substantially less than the final bid amount of $8600.

And yes, it went to a _very_ good home!

Chuck Schmidt
South Pasadena, Southern California