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I really didn't think the car would bring that much but after taking it around the country displaying it for the last year, it must of got everyone excited on what it was. I did see it at the Detroit auto show a year ago
I watched the chase back in the 80's many many times before I ever saw the whole movie which was in 2004 at a drive in which I was in my 2001 Mustang Bullitt
Ya know, I think it would be fun to have a exact replica to drive around, but paying that much for a car in that condition, whatever the hysterical value, just not my cup of tea.
Something to consider...... the guy who finds the car wants to cash out but who knows what it’s worth. Along comes Mecum and offers him one million dollars cash along with a no disclosure agreement. Them the “owner” puts it up for auction with no reserve. Mecum has a couple of “unknown” bidders run it up to over 3 million. Now we know “what it’s worth”. The car disappears for a year or two. Big mystery! Who knows where it went? Then.... it reappears back for sale on Mecum. We now all know it’s worth over 3 million because that’s what it sold for. Does anybody smell BS? I personally think there is a world of shill bidding and back room dealings going on in the collector car auction world. Who wants to bet that car shows back up on the Mecum stage again within the next two years?
This sort of thing does happen, that is all part of the auction game. Experienced buyers should know this. One tactic if you think the 'house' is biding is to bid fast like your going to keep going and stop suddenly (on a car that you don't have to have.) Sticking them with the winning bid. They will get the message.
Something to consider...... the guy who finds the car wants to cash out but who knows what it’s worth. Along comes Mecum and offers him one million dollars cash along with a no disclosure agreement. Them the “owner” puts it up for auction with no reserve. Mecum has a couple of “unknown” bidders run it up to over 3 million. Now we know “what it’s worth”. The car disappears for a year or two. Big mystery! Who knows where it went? Then.... it reappears back for sale on Mecum. We now all know it’s worth over 3 million because that’s what it sold for. Does anybody smell BS? I personally think there is a world of shill bidding and back room dealings going on in the collector car auction world. Who wants to bet that car shows back up on the Mecum stage again within the next two years?
Creating false markets is nothing new. When supply and demand is a single item and a bunch of people who need to bury equity into something that has a contrived value applied to it (because it's 1 of 1 with this combination of stupid options) is very common. Then the merry-go-round of investors keeps driving the cost up we get what we see every January for the last 20 years at Barrett Jerkoff with unprecedented and unjustified (other than claimed rarity and exclusivity) escalation.
Same way pre-distressed clothing is costs more than a sound pair of jeans. Because it is fashionable - someone in a position of self-appointed authority says it is, and because you want it to be and the means to buy in to gain approval. Zero integrity.
I haven't seen anything yet. It looked to me like the buyer was on the phone yesterday when I watched the show. I still hope that the McQueen family are the buyers. I think they would actually appreciate having the car vs. someone else.
I watched the auction clip. Neat I suppose for it being such a spectacle. Like the main event if you will.
It also got me to watch the "Bullitt" chase scenes via yt. I still like it. I know we watch things more technically now as for realism(errors). Maybe the best part is when Bullitt appears in the rear view mirror of the bad guys Charger. C'mon that's pretty good.
I watched the auction clip. Neat I suppose for it being such a spectacle. Like the main event if you will.
It also got me to watch the "Bullitt" chase scenes via yt. I still like it. I know we watch things more technically now as for realism(errors). Maybe the best part is when Bullitt appears in the rear view mirror of the bad guys Charger. C'mon that's pretty good.
I do love, appreciate, and understand history......however, this Bullit car looked like an old beat up piece of crap, that was just a couple of steps ahead of the car crusher at the local scrap yard.
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