Extensive SLP Collection going to auction
08-24-2010, 05:33 AM
#22
Auction was cancelled:
CANCELLATION NOTE:
This morning (Thursday) our client emailed us written notice effectively canceling the auction.
In the past few days, as it appeared the auction may be cancelled, hundreds of you either emailed or called. Many of you let us know which cars you were interested in and even what numbers you were willing to bid in case you may be able to buy the cars outright rather than through the auction. It became clear that the auction would have grossed well over $7 million. So, this is a real disappointment for us too. Just the 55 cars that we now own would have sold for more than $3 million.
We are very sorry for this, but it is something we cannot control. Please stay tuned to our website as we will have lots of collectible and rare classic cars coming up for auction in January in Phoenix.
This morning (Thursday) our client emailed us written notice effectively canceling the auction.
In the past few days, as it appeared the auction may be cancelled, hundreds of you either emailed or called. Many of you let us know which cars you were interested in and even what numbers you were willing to bid in case you may be able to buy the cars outright rather than through the auction. It became clear that the auction would have grossed well over $7 million. So, this is a real disappointment for us too. Just the 55 cars that we now own would have sold for more than $3 million.
We are very sorry for this, but it is something we cannot control. Please stay tuned to our website as we will have lots of collectible and rare classic cars coming up for auction in January in Phoenix.
