Bidders buzz at traditional collector car sales when the auctioneer shouts, “The reserve is off!”
Will it be the same for online auctions?
We may know as soon as 11 a.m. (Mountain Standard Time) November 3 when bidding is scheduled to end on the AutoHunter website for a 1932 Ford roadster formerly owned by Rick Harrison of Pawn Stars television fame.
The Dearborn Deuce steel-bodied hot rod had been consigned to the AutoHunter site with a reserve price, but the car has been switched to no-reserve status, meaning the consignor has withdrawn the minimum price at which the car can sell. In other words, it will sell November 3 to the highest bidder.
The High-Boy style hot rod, featured in a 2014 episode of Pawn Stars, carries a 6.0-liter LS2 V8 engine linked to a 700R4 automatic transmission. The engine is mounted beneath a louvered hood. The car is finished in black semi-gloss with a fold-down black top, blacked-out grille, and black-leather bench seat.
The car has Wilwood disc brakes, Currie rear and Strange drilled axle. Front suspension is traditional I-beam with rear multilink featuring transverse leaf springs.
The odometer shows little more than 2,300 miles, some 2,000 of them added in the past four years by the consignor.
For details, visit AutoHunter.com.
I’m one of those guys that don’t believe it’s a true auction if there is a “reserve”. Be honest, Just say “best offer over whatever you want for it” Or just say “I want like $32,000 for it…….but hey, if you want to pay more for it than I want for it,, then just bid on it.!”