Who wants to play "guess the selling price?"
#41
16 entries so far.
1. '70 442
2. '57 88
3. '49 street rod
4. total
jaunty75
$45,000
$25,000
$31,000
$101,000
gearheads78
$26,400
$29,300
$17,600
$73,300
68Tom
$39,500
$27,500
$31,000
$98,000
6inarow
$24,000
$35,000
$30,000
$89,000
76 Regency
$37,000
$48,000
$24,000
$109,000
71supreme
$39,500
$29,500
$22,500
$91,500
Jaybird
$37,000
$23,000
$33,000
$93,000
stevengerard
$28,500
$33,000
$38,000
$99,500
italian ice
$31,500
$37,900
$28,500
$97,900
cutlassjoe
$28,501
$32,000
$36,000
$95,501
Bunser
$29,500
$32,900
$24,500
$86,900
dhoff
$33,500
$27,000
$34,00
$94,500
dc2x4drvr
$26,700
$21,500
$38,500
$86,700
J-(Chicago)
$22,000
$23,000
$18,000
$63,000
geckonz08
$22,550
$31,020
$29,503
$83,073
tonycpe
$31,000
$34,000
$33,000
$98,000
averages
$31,384
$30,601
$29,319
$91,304
It's interesting how close the averages are to each other. The collective judgment so far is that these are roughly $30,000 vehicles.
1. '70 442
2. '57 88
3. '49 street rod
4. total
jaunty75
$45,000
$25,000
$31,000
$101,000
gearheads78
$26,400
$29,300
$17,600
$73,300
68Tom
$39,500
$27,500
$31,000
$98,000
6inarow
$24,000
$35,000
$30,000
$89,000
76 Regency
$37,000
$48,000
$24,000
$109,000
71supreme
$39,500
$29,500
$22,500
$91,500
Jaybird
$37,000
$23,000
$33,000
$93,000
stevengerard
$28,500
$33,000
$38,000
$99,500
italian ice
$31,500
$37,900
$28,500
$97,900
cutlassjoe
$28,501
$32,000
$36,000
$95,501
Bunser
$29,500
$32,900
$24,500
$86,900
dhoff
$33,500
$27,000
$34,00
$94,500
dc2x4drvr
$26,700
$21,500
$38,500
$86,700
J-(Chicago)
$22,000
$23,000
$18,000
$63,000
geckonz08
$22,550
$31,020
$29,503
$83,073
tonycpe
$31,000
$34,000
$33,000
$98,000
averages
$31,384
$30,601
$29,319
$91,304
It's interesting how close the averages are to each other. The collective judgment so far is that these are roughly $30,000 vehicles.
#42
Just what I said. I thought this was a exercise in guessing what the bids go up to not guessing what some dealer thinks his car is worth. The bid is the real number people are willing to pay between that particular group of people bidding.
#43
Considering what's at stake here, this whole this is, of course, of earth-shattering importance. If you want to withdraw your guesses, please let me know, and I will get you off that list pronto. It was never my intent that anyone playing this little game be embarrassed!
Last edited by jaunty75; November 13th, 2010 at 12:40 PM. Reason: added "golly gosh"
#44
jaunty75, it's cool you started this thread.
It does seem like many of the cars that roll across the stage leave with the words "The bid goes on" being said. Does Mecum have a high success rate of selling those cars? I have no idea. Say none of the cars sell. Then all we have are high bids and a bunch of our guesses. Somebody was the closest.
Checkout this rule from the Barrett Jackson fantasy bid:
If a resident of Canada is selected as a potential Grand Prize winner, to receive the prize, he/she will be required to correctly answer, without assistance of any kind, whether mechanical or otherwise, a time-limited skill-testing question.
Doesn't seem very neighborly.
It does seem like many of the cars that roll across the stage leave with the words "The bid goes on" being said. Does Mecum have a high success rate of selling those cars? I have no idea. Say none of the cars sell. Then all we have are high bids and a bunch of our guesses. Somebody was the closest.
Checkout this rule from the Barrett Jackson fantasy bid:
If a resident of Canada is selected as a potential Grand Prize winner, to receive the prize, he/she will be required to correctly answer, without assistance of any kind, whether mechanical or otherwise, a time-limited skill-testing question.
Doesn't seem very neighborly.
#45
You can get this information from the Mecum website if you sign up for their free "infonet" service. I did that just now and then looked at the results for some past auctions. At just a quick glance, it looks like maybe 50% of the cars with a reserve price have sold. The "bid goes on" business apparently goes on for quite some time as, for example, some of the cars from their April 2010 auction in Kansas City are still shown as being available under the "bid goes on" program.
#47
Now 17 entries.
1. '70 442
2. '57 88
3. '49 street rod
4. total
jaunty75
$45,000
$25,000
$31,000
$101,000
gearheads78
$26,400
$29,300
$17,600
$73,300
68Tom
$39,500
$27,500
$31,000
$98,000
6inarow
$24,000
$35,000
$30,000
$89,000
76 Regency
$37,000
$48,000
$24,000
$109,000
71supreme
$39,500
$29,500
$22,500
$91,500
Jaybird
$37,000
$23,000
$33,000
$93,000
stevengerard
$28,500
$33,000
$38,000
$99,500
italian ice
$31,500
$37,900
$28,500
$97,900
cutlassjoe
$28,501
$32,000
$36,000
$95,501
Bunser
$29,500
$32,900
$24,500
$86,900
dhoff
$33,500
$27,000
$34,00
$94,500
dc2x4drvr
$26,700
$21,500
$38,500
$86,700
J-(Chicago)
$22,000
$23,000
$18,000
$63,000
geckonz08
$22,550
$31,020
$29,503
$83,073
tonycpe
$31,000
$34,000
$33,000
$98,000
Toms 69-76 Custom Vista
$34,000
$57,000
$49,000
$140,000
averages
$31,538
$32,154
$30,477
$94,169
Toms 69-76 Custom Vista is by far the most optimistic overall.
1. '70 442
2. '57 88
3. '49 street rod
4. total
jaunty75
$45,000
$25,000
$31,000
$101,000
gearheads78
$26,400
$29,300
$17,600
$73,300
68Tom
$39,500
$27,500
$31,000
$98,000
6inarow
$24,000
$35,000
$30,000
$89,000
76 Regency
$37,000
$48,000
$24,000
$109,000
71supreme
$39,500
$29,500
$22,500
$91,500
Jaybird
$37,000
$23,000
$33,000
$93,000
stevengerard
$28,500
$33,000
$38,000
$99,500
italian ice
$31,500
$37,900
$28,500
$97,900
cutlassjoe
$28,501
$32,000
$36,000
$95,501
Bunser
$29,500
$32,900
$24,500
$86,900
dhoff
$33,500
$27,000
$34,00
$94,500
dc2x4drvr
$26,700
$21,500
$38,500
$86,700
J-(Chicago)
$22,000
$23,000
$18,000
$63,000
geckonz08
$22,550
$31,020
$29,503
$83,073
tonycpe
$31,000
$34,000
$33,000
$98,000
Toms 69-76 Custom Vista
$34,000
$57,000
$49,000
$140,000
averages
$31,538
$32,154
$30,477
$94,169
Toms 69-76 Custom Vista is by far the most optimistic overall.
#48
#50
Well, you're guaranteeing you won't win anything with the first guess as the prize is only paid out if the car sells. Secondly, what the prizes are is described above.
#51
1. '70 442
2. '57 88
3. '49 street rod
4. total
jaunty75
$45,000
$25,000
$31,000
$101,000
gearheads78
$26,400
$29,300
$17,600
$73,300
68Tom
$39,500
$27,500
$31,000
$98,000
6inarow
$24,000
$35,000
$30,000
$89,000
76 Regency
$37,000
$48,000
$24,000
$109,000
71supreme
$39,500
$29,500
$22,500
$91,500
Jaybird
$37,000
$23,000
$33,000
$93,000
stevengerard
$28,500
$33,000
$38,000
$99,500
italian ice
$31,500
$37,900
$28,500
$97,900
cutlassjoe
$28,501
$32,000
$36,000
$95,501
Bunser
$29,500
$32,900
$24,500
$86,900
dhoff
$33,500
$27,000
$34,00
$94,500
dc2x4drvr
$26,700
$21,500
$38,500
$86,700
J-(Chicago)
$22,000
$23,000
$18,000
$63,000
geckonz08
$22,550
$31,020
$29,503
$83,073
tonycpe
$31,000
$34,000
$33,000
$98,000
Toms 69-76 Custom Vista
$34,000
$57,000
$49,000
$140,000
coltsneckbob
no guess
$26,001
$25,002
$31,003
averages
$31,538
$31,812
$30,173
$93,523
2. '57 88
3. '49 street rod
4. total
jaunty75
$45,000
$25,000
$31,000
$101,000
gearheads78
$26,400
$29,300
$17,600
$73,300
68Tom
$39,500
$27,500
$31,000
$98,000
6inarow
$24,000
$35,000
$30,000
$89,000
76 Regency
$37,000
$48,000
$24,000
$109,000
71supreme
$39,500
$29,500
$22,500
$91,500
Jaybird
$37,000
$23,000
$33,000
$93,000
stevengerard
$28,500
$33,000
$38,000
$99,500
italian ice
$31,500
$37,900
$28,500
$97,900
cutlassjoe
$28,501
$32,000
$36,000
$95,501
Bunser
$29,500
$32,900
$24,500
$86,900
dhoff
$33,500
$27,000
$34,00
$94,500
dc2x4drvr
$26,700
$21,500
$38,500
$86,700
J-(Chicago)
$22,000
$23,000
$18,000
$63,000
geckonz08
$22,550
$31,020
$29,503
$83,073
tonycpe
$31,000
$34,000
$33,000
$98,000
Toms 69-76 Custom Vista
$34,000
$57,000
$49,000
$140,000
coltsneckbob
no guess
$26,001
$25,002
$31,003
averages
$31,538
$31,812
$30,173
$93,523
#53
It seems that my little game here has come to nothing. Two of the three cars we were guessing on are no longer on the auction list. The only one of these three cars still there is the '48 Street Rod. As noted elsewhere on this site, there are now 11 Oldsmobiles up for sale, so 10 of them were added since I started this.
We can still see what the '48 sells for, assuming it does.
We can still see what the '48 sells for, assuming it does.
#55
The '70 442 W-30 sold for $24,750, and the '49 street rod sold for $26,500. The total of the two is $51,250.
Based on these, we have "winners."
For the '70 442, the two guesses closest to the actual price were by 6inarow, who guessed $24,000, and earheads7, who guessed $26,400. With a difference of only $750, 6inarow wins.
For the '49 street rod, the two guesses closest to the actual price were by coltsneckbob, who guessed $25,002, and italianice, who guessed $28,500. With a difference of $1,498, coltsneckbob wins.
As far as the total of the two, the two guesses on either side of the actual value were by gearheads78, whose guesses total $44,000, and geckonz08, whose guesses total $52,053. 6inarow and bunser were also both close at $54,000. geckonz08 is the winner.
So 6inarow, coltsneckbob, and geckonz08, please check your fax machines for your prizes. I'm faxing each of you a $5 bill. What's nice is that I can fax the same $5 bill three times and still have the $5 bill when I'm done.
#58
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