Re: [CR]extreme rarity (was re: chrome paramount)

(Example: Framebuilders:Jack Taylor)

Date: Thu, 23 Feb 2006 15:55:56 -0500 (EST)
From: "Nick Zatezalo" <nickzz@mindspring.com>
To: CR List <classicrendezvous@bikelist.org>
Subject: Re: [CR]extreme rarity (was re: chrome paramount)


Don Keenan wrote: >Everyone should remember the "I gotta have..." basic rule and monitary driver for purchases. That will be the price setter for auctions and that is the bidder who is hard to beat.

The bid history for JB's auction is interesting. The two top bids were above $3500 which was almost $1600 above the next highest bid. The perfect situation for a seller is to have two 'gotta haves' going at each other.

The Italian Masi Special auction from last week had a very similar chain of events.

Auction prices are not always the litmus test for enduring market values, but it sure is cool to be the seller in those 'gotta have' situations.

Nick Zatezalo
Atlanta,Ga