Mar­ket view

Classic Car Weekly (UK) - - This Week - by Richard Bar­nett

I’m go­ing to re­turn to one of my auc­tion peeves. Not over­long de­scrip­tions about the his­tory of the model rather than con­cen­trat­ing on the car of­fered, not the con­se­quently heavy cat­a­logue and not even the shock­ing short­age of a de­cent brew and ba­con butties.

No – I’m back on the case of auc­tion­eers who don’t pub­lish their prices, but will tell you how suc­cess­ful a sale they’ve had. Oh re­ally? If it was so good, why aren’t the re­sults out there for all to see?

I know I’m not alone in find­ing this prac­tice a com­plete dis­grace be­cause en­thu­si­asts and traders think the same. But be­yond the doubt that non-re­vealed pric­ing pol­icy cre­ates, you’ve got to won­der if this makes good busi­ness sense.

The point is, if most auc­tion­eers do put their prices up, why don’t the oth­ers? The good guys pub­lish their re­sults within 48 hours, but there are oth­ers who con­tinue to prac­tise ra­dio si­lence.

That non-dec­la­ra­tion isn’t big and it cer­tainly isn’t clever. Rant over – for now at least.

‘If most of the auc­tion­eers pub­lish sales re­sults, why don’t oth­ers?’

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