Re: russo and steel chop job camaro copo
You're right. There will be cars that still fall through the cracks, exceptions to the rules, someone put one over on someone else. But, I'm thinking that particularly for the rare high dollar cars, there may some benefit here. In January at RS, I bid on a blue 396 Nova (didn't win and I'm still crying). I did everything I could to check the car out in the 2 days before it went on the block. Spoke with the seller, spoke with the sellers agent, called my Nova "expert" and reveiwed the car in detail with him on the phone. In the end, I bid on the car because Stefano was brokering the deal and I trusted his judgement. Boy would I like to have that same trust in the auction house. 'Cuz, guess what? I would have cheerfully handed over about $5K of my money to the house. And, guess what again? If the car didn't meet the sellers descripton that the house published - I think my money had wings in full flight - never to return to me. I just can't get past the feeling that it would be so good for the hobby AND would I believe make the house more money. As someone else said on this thread before me - it's a no brainer. Will someone talk about the downside of such a plan? And Drew, if your house institutes such a plan of disclosure and attendant responsibility, can I buy a share of your deal?
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Bob
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