Re: Auction: '50 Super Eight, Stillwater, MN, June 6, 2020

Posted by Mike Grimes On 2020/4/12 8:05:36

Most of the Auction companies report the results of their events. RM, Mecum, Barrett Jackson, Gooding, Worldwide, Bring Your Trailer, Bonhams, etc. To the point of asking price versus sold price, it seems that auctions are a reasonable indication of what the price might be "when the money changes hands". Condition of the car as well as its "collectability" significantly impact price. The photos on an auction website provide an indication of the condition of a car, but nothing is better than an in person inspection. I'd suggest that someone who is a "Buyer" look at the photos of these auctions and make some phone calls.

Recent 1948-1950 sales to review:

Bring Your Trailer; 1948 Super 8, 4 door - $11,250; Jan 2020
Mecum; 1948 Super 8, 4 Door - $8,800 - Jan 2020
Mecum; 1950 Deluxe 8, 4 Door - $6,050- March 2020
Worldwide; 1950 Deluxe, 4 Door - $11,865- October 2019
Worldwide; 1950 Deluxe, 4 Door - $12,100- October 2019

Then there is the C-19 virus question.

Condition?, Collectability?

One of my mentor's advice: "Don't let the thrill of the chase obscure the consequences of the catch"

Good hunting.