by Wallace Wyss - There’s been a change in the Who’s Who of car auction houses in America now that the Bachman collection has been auctioned by Mecum in Florida during their annual January auction and got astounding prices. The change is that a … [Read more...]
1962 Ferrari 250 GTO Up For Auction
January 12, 2026 By 3 Comments
by Wallace Wyss - I always thought Mecum was the “working man”s auction” not one you would go to for the crème de la creme cars but Mecum Auctions offering the famed Bianco Speciale 250 GTO puts them on the map with Ferrari investors. This 1962 … [Read more...]
Why Auction A Classic Car at No Reserve?
March 22, 2025 By 9 Comments
by Mike Gulett - A no reserve auction means that there is not a minimum bid required for the car to be hammered sold. I understand why the auction company wants a no reserve auction because it guarantees that the car will sell (assuming there is … [Read more...]
The Ford GT is Appreciating
March 7, 2025 By 1 Comment
by Mike Gulett - The Ford GT was introduced in 2005 as a Ford halo car and a homage to the legendary Ford GT40 that won the 24 Hours of Le Mans many times in the ‘60s knocking Ferrari from the top of racing. It was also manufactured in 2006 with … [Read more...]
Who Do You Trust When Buying A Collector Car?
March 3, 2025 By 3 Comments
by Mike Gulett - When buying a collector car who do you trust? Do you trust the auction company? Some auction companies are on television providing lucrative entertainment while they make more money selling cars. Do you trust the collector … [Read more...]
This Ferrari 250 LM Was the Last Ferrari To Win at Le Mans Until Recently
February 17, 2025 By 1 Comment
by Mike Gulett - This Ferrari 250 LM could very well be the most valuable Ferrari that is not a 250 GTO. It sold in February 2025 at the RM Sotheby’s auction in Paris for €34,880,000 EUR (approximately $36,600,000 USD). It was offered from the … [Read more...]
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