Ryan:
I was out of town yesterday so didn't get a chance to look at their auction results until today. I then found this was impossible since they apparentely closed all their files as soon as the auction was over so I have no idea what sold.
Taking John to his word above that the DE banner sold for $75,100 it would have generated a $22,530 commission with both the consignor and purchaser paying 15% each. You don't have to sell a great many items to make some real money particularly when it's only split four ways.
It's purportedly still a free Country here but I wonder how long the collecting community will abide with this?
BTW and for the record: Barrett Jackson,Who I am very familiar with and which is currently the largest collector car auction company in the World start all their cars* off at whatever someone is willing to bid and the cars sell at NO RESERVE.
*Some of these cars have an estimated value in the millions.
Jim
