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1953 sold

Old 01-18-2014, 04:54 PM
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shemp
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Default 1953 sold

Tony from Tonys Corvette just bought a 53 and 2003 for $700,000
Old 01-18-2014, 05:52 PM
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So Tony bought Chip Millers 53. How nice
Old 01-18-2014, 06:14 PM
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Wow! High roller! Smart investor? Good credit? Stupid?

What's up with this?
Old 01-18-2014, 07:26 PM
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Hitch
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Wow that is a ton of money... So he got the 2003 for $10k and the 53 for $690k? I take it this was one of those charity auctions at Barrett Jackson?
Old 01-18-2014, 07:46 PM
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I think Lance just wanted to change up his collection
Old 01-19-2014, 07:53 PM
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That is + 10% for the buyer and Lance lost 8+% from the selling price, so BJ made over 18% for 5 min. Work. Not a bad pay day.
Old 01-19-2014, 10:18 PM
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John BX NY
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Could that be the highest price ever for a 53 ?
Old 01-19-2014, 10:20 PM
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62Jeff
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Originally Posted by John BX NY
Could that be the highest price ever for a 53 ?
I believe vin 003 sold for a million several years ago.
Old 01-19-2014, 10:48 PM
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Originally Posted by 62Jeff
I believe vin 003 sold for a million several years ago.
... it sold @ BJ -Scottsdale in January, 06 for $1,080,000 ($1M with an $80K sellers fee).
Old 01-22-2014, 08:41 AM
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mdz06vetter
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Originally Posted by shemp
Tony from Tonys Corvette just bought a 53 and 2003 for $700,000
Tony bought it for an investor
Old 01-22-2014, 09:54 AM
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I think Chip Miller is cleaning house of all the dust collectors and turning them into cash while the fever is hot. He will buy a couple favorites back in the future when the big investors head out of the market.

Who would not want a cool 3 million in hand vs a 67 red coupe with a museum past ? He probably added a cunning financial planner to his staff. Watch for price increases at the old fair grounds events .... and more hyped car sales.
Old 01-22-2014, 10:01 AM
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kenba
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Originally Posted by chevahaulic
I think Chip Miller is cleaning house of all the dust collectors and turning them into cash while the fever is hot. He will buy a couple favorites back in the future when the big investors head out of the market.

Who would not want a cool 3 million in hand vs a 67 red coupe with a museum past ? He probably added a cunning financial planner to his staff. Watch for price increases at the old fair grounds events .... and more hyped car sales.
It's going to be hard to do because he has been dead for a while. His son sold the Corvettes for the family.
Old 01-22-2014, 12:25 PM
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Originally Posted by kenba
It's going to be hard to do because he has been dead for a while. His son sold the Corvettes for the family.
OMG, Thanks for being so critical. I vow to check first names before I think again. Without farther research I believe it is all the same bank account.
I don't blame the family for " striking while the metal is hot ". Big investors do this all the time leaving the " not so wealthy ( but trying ) holding the bag ". Big money auction reports are a comfort to some investors clearly over their head. Craig Jackson ( did I get this right ? ) smiles with every three minute walk of fame & egos involved.
Old 01-22-2014, 01:20 PM
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Originally Posted by chevahaulic
Craig Jackson ( did I get this right ? ) smiles with every three minute walk of fame & egos involved.
And why shouldn't he? He's a successful businessman who takes risks and spends millions to set up the auction facility at Westworld (and the other four facilities) and the advertising, marketing, and promotion costs that go along with it. In return, he gets 18% of every deal, and every consignor and bidder knows that going in.

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