RushFanForever, on 13 September 2021 - 07:20 PM, said:
pjbear05, on 17 August 2021 - 08:54 AM, said:
JohnRogers, on 16 August 2021 - 02:35 PM, said:
blueschica, on 16 August 2021 - 02:27 PM, said:
JohnRogers, on 16 August 2021 - 09:58 AM, said:
Thanks! Interesting to see. I wonder why the Aston Martin didn't sell? He doesn't say if it didn't meet the reserve price or if something else happened??
We don't know. Gooding & Co doesn't release that information. So unless one were watching live they wouldn't know. I tried looking for a live broadcast I couldn't find one.
According to Melody Maker, bids did not meet reserve.
The Aston Martin did eventually sell according to here
It's only speculation on my part, but my guess is an initial reserve was set, possibly at the $650K minimum estimate, and nobody wanted to pony up, trying to lowball the seller. A price was eventually settled upon after the car left the auction block. This happens unless an item is auctioned at "no reserve", like say, the automobiles at the Barrett-Jackson auctions.