[Les Quam]

I just got back from the auction and the quality of the cars overall in general was really below average. Some of the cars mentioned as bargains on this thread upon closer personal examination were market correct even for a few years ago. They simply were not up to the standards one would expect.

The lack of quality reflects a couple things in my opinion. First the no reserve format is killing BJ in terms of consigning great cars. Who wants to take the chance in this market with a special car at a no reserve auction? Secondly for whatever reason you choose there were simply not a lot of buyers or spectators for that matter at the auction. Saturday night was like a ghost town for an auction. Lets just say parking was not an issue and parking most any Saturday night at any major strip casino is tough. I was walking around at 7PM tonight (Saturday) and it looked like it was closing and everyone was packing up to leave? The place was empty. Lots of shocked sellers as well. Very few did well.