Barrett-Jackson

[Jeff Lee]

Originally Posted by aspen7709

Its official!!! Craig Jackson "the blowhard of arizona" just LOST 2.0 million dollars!!!!

His pride and joy 1970 plymouth hemi cuda convertable just dropped 2.0
million in value. A original 1970 plymouth hemi cuda convertable ( the last one produced in 1970)authenticated by Galen Govier on hand himself just sold @ Russo&Steele 1.55 mil.
I guess this means his bubble has burst and a hemi challenger convertable failed to meet reserve @ $750,000.00. Working in the collector car dealer biz myself we saw a HUGE drop in attendance at all the auctions this year. & no real money bidders to speak of. Other than the prearranged sales @ Barretts..
In this market a car is only worth the what the market will bear. Now we know the market has let Craig "Jokeson "know what it is instead of him dictating it.

But I thought something (anything) dropped or increased in value when the object is sold...

And if R&S just sold one for $1.55 million dollars, that's some pretty strong money, for any car! Perhaps you are not aware that most of that e-body Hemi market was created by BW and friends pushing up sales between them. BW pulled the plug and the house of cards came falling down. And that happened a few years ago.