1969 COPO Sells For $87,500

[61 vert]

Although I do agree that the burgundy Copo was a beautiful car with outstanding workmanship by SCW, when it was on The Auction Block the auctioneers said that there were $190,000 in receipts that were spent on that car. Mecum lists the car as being sold for 214,500 and if you subtract the 10% buyers commission,that takes the sale price down to 195. Not to mention the sellers commission. Doesn't leave much meat on that bone.Of course the $190,000 in receipts could be an exaggeration but the auctioneers only read what is on the page and what is on the page is what is told to them by the seller.

[NorCam]

Seemed like a lot of cars were off the mark on price points this year? Is this indicative of a market softening? Also seemed as buyers were fewer and cars had to have their stars aligned to pull the bids and the money.

I think it also gets old hearing "Reserve is Off" on almost every second or sometimes 5 sequential cars. That draws "cliche" on a lot of people and didn't seem to excite any more money when being played out so heavily!

Two nice Z/28's went 80K but I was surprised at the lack of bids on the Supercars?

[bergy]

Someone did get a heck of a deal. I’d pull the interior & Store it. Change it to white houndstooth deluxe. Some day 2 mods. Secure investment & cool at the shows.

[tom406]

I like the looks of that color combo. The dark/light contrast makes it work for me-I'd be less enthusiastic if it were Frost Green and it all blended together. I love the Burgundy car too, but I'm always surprised at how little love that color often gets from buyers. I think the lack of solid docs and original engine make it hard for affluent but more casual buyers to raise their paddle into six figures-its just hard for someone who doesn't really know the cars to shake the fear maybe someone's putting something over on them. This is no criticism of the car or how it was sold-I've personally bought cars that were very likely to be real but weren't bulletproof. I paid more than I would for a "possible" car but not as much as I'd pay for a "absolute" car. It's a price curve, right? Neat car, well bought. Thanks to 61 Vert for giving the heads up here.