SeanDezart
Well-Known Forum User
One of those I saw for sale about 10 yrs ago - I keep ALL the chassis numbers I can find - kinda like trainspotting.
One of those I saw for sale about 10 yrs ago - I keep ALL the chassis numbers I can find - kinda like trainspotting.
I made it up at random, I guess not random enough!
...the story I heard about the BAT auction of this car is that the high bidder Larry ('Lstepp4re') already owned the car when he “bought” it for his six figure high bid - being the highest price paid for a Z at the time.
Another collector was offered the car sometime before the BAT auction for $65K, but passed. He told me Larry then bought the car from that seller. Larry has some sort of collaboration with Robert ('The 240z Guild') and they have a number of his cars in their showroom in OK. It seems Larry had his buddy Robert ('The 240z Guild') put the car on BAT so he could bid it up to a six figure price. So Larry’s bid didn’t really didn’t matter as he already owned the car and didn’t have to pay Robert ('The 240z Guild') for it. Granted, he did have to pay the $5K buyers premium to BAT.
But, if he was able to sell it now for six figures, seems that his initial purchase around $65K and the $5K buyers premium for the “fake” auction to set a high price has paid off for him.
A little background 'colour' on Mr Robert Jackson of 'The 240Z Guild':
https://www.volvoforums.org.uk/showthread.php?t=229228
http://forums.turbobricks.com/showthread.php?t=301907
A little background 'colour' on Mr Robert Jackson of 'The 240Z Guild':
https://www.volvoforums.org.uk/showthread.php?t=229228
http://forums.turbobricks.com/showthread.php?t=301907
This is the sort of stuff we pay our suscription fees for.A new angle on 'The Franklin Mint' car's Bring-A-Trailer auction result.
Quoted from classiczcars.com forum:
So, the real owner of the car arranged with 'The 240Z Guild' to front the sale on the Bring A Trailer online auction, and essentially bought it back from himself. No money needed to change hands (apart from the Bring A Trailer fees...) and the perceived value of the car is hyped up with the 'World Record-Setting 240Z Price' of the time giving plenty of PR for 'The 240Z Guild'. Neat, huh?
The faint sound of bells ringing during and after this auction? Turns out they were alarm bells...
Where there's smoke there's fire as they say.
Mike
I don't think we can draw any definitive conclusions about the "Franklin Mint" " sale from a internet post that starts off with " THE STORY I HEARD" however it is good to have it up on the radar screen and that inflated auction result "could" be explained by the story outlined above.
Looking at all the posts about Robert Jackson, it would appear that he has for some time been conducting himself in a nefarious manner given the sheer number of people who have been talking against him in the forums. Where there's smoke there's fire as they say.