09-23-2007, 09:33 AM
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Registered User
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Join Date: Aug 2006
Location: Dexter, Michigan USA
Posts: 2,239
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Abarth Chassis / Auction
 Quote:
Originally Posted by Alex
A few photos of the Colani-Abarth car mentioned in earlier posts which I took at the Bonhams auction, Goodwood, at the end of August. It attracted a lot of interest but didn't sell on the night because it didn't have the right papers (whatever that means).
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As far as not selling because "it didn't have the right papers," it could mean a lot of things, like the title wasn't clear, taxes are owed on the car, it was illegally imported, there is a suspicion of fraud or that the title has been doctored in some way, the seller didn't get what he wanted and that was an easy way to pull the car etc.
It's amazing the cars that make it to auction and the sale is never finalized because the deal is unwound after the auction due to something that has been discovered or misprepresented in some way by the seller, the auction house etc. e.g. the car never existed and it's proven after the fact, as an example. While I'm sure there have been many others and probably since, the Alfa I remember in this category was auctioned at Amelia Island for some astronomical price at the time and it was later discovered that the car was a fraud, the deal unwound, and it was sold outside of the auction for a much lower price, as an acknowledged fraud, which it was.
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Cheryl
(Not an authority nor SME
on anything, just PATSYF)
Last edited by Pat Braden; 09-23-2007 at 09:37 AM.
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