WebAug 22, 2016 · Knocked Down: A term that is sometimes used by auction houses to describe when the hammer came down and ended the bidding. For example, “The lot knocked down just below the high estimate.”. Lot: The term used to describe an individual item or group of items that are being offered at auction for sale as a single unit. WebThe next day I confirmed that one of Mecums staff won the bid. The next day the car was put back in the auction and it sold on Sunday for approx. $5k more. This is just wrong!!! The house should not be able to do this against their customers. In the end I am sure this will cost Mecum more than the extra profit they made off this car.
Seller Strategies - Mecum Magazine
WebNot safe to drive on road as is. Everything rusted underneath. No way 23,000 miles. Now have to do a $16,000 frame replacement along with other items under the car. Mecum was quite rude when confronted and only offered $1,700 to help with repairs. The Mecum rep suggested that I put in in their next auction to sale (to screw over some other poor ... WebApr 8, 2024 · Founded in 1988 by Dana Mecum, Mecum Auctions is the world's largest collector-car auction company. And, when you look at the org chart, calling it a "family business" couldn't be truer.... hair to beauty wigs.com
Mecum Summary - Ridetech
WebENHANCE YOUR EXPERIENCE: Daily Tickets enable you to enjoy our auctions as a spectator, however, many fans don’t realize that becoming a registered bidder is simple, easy and … WebMay 29, 2012 · If so does this apply to all Mecum reserve auctions and regardless of bids reached or is there a % of bid amount versus 'sell' ratio necessary before the auctioneer offers this? Using the example above, the bidding stalled at over 90 percent of the 'sell' amount but if reserve was say 400 thousand and bidding stalled at 300 thus a 75% … WebWhat constitutes selling: When you bring a car to auction you set a "reserve price" meaning they will not sell it in till the bid reaches the reserve. When a car doesnt reach it's reserve then they sent it to the bid goes on. Now not every auction has "the bid goes on" I think this is unique to Mecum's. bull moose shedding velvet