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Thread: Why Setting an Auction Reserve is Important

Discuss the Austin Healey Sprite and the MG Midget. Two different but similar cars sometimes referred to collectively as the Spridget.

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    Yoda HealeyRick's Avatar
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    Why Setting an Auction Reserve is Important

    This beautifully restored MK II sold way under market at Barrett-Jackson in January for $8.250



    One month later it's on eBay with a BIN of $22,500 https://www.ebay.com/itm/1963-Austin...4AAOSwhJteOL9K
    Rick

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    Obi Wan
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    Re: Why Setting an Auction Reserve is Important

    I don't think the major auction houses will accept a reserve on a car selling for less than $100K.

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    Yoda glemon's Avatar
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    Re: Why Setting an Auction Reserve is Important

    There was a discussion of Spridget prices on the Spridget forum recently, with some speculation that color influence price quite a bit. This may be additional evidence to coraborate that theory.

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