I am really sorry but I have to but in here . . . I have bought and sold
many Bugeyes over the years. A restorable original Bugeye is worth no more
$5K at the high side. Before long, during the resto process, you are
already in over your head in cost that you will never see. Money that you
will never see again. The auction price was two absorbed bidders that got
too far involved in the "beauty of the auction" and then the winner went
home and came back to reality! I think half of the bidders at B-J just
wanted to be on Speed channel. It is hilarious the prices that were paid
just because it was B-J.
Mike C
----- Original Message -----
From <Editorgary at aol.com>
To: <dbl@chicagolandmgclub.com>; <Editorgary@aol.com>;
<spridgets@autox.team.net>
Sent: Thursday, May 19, 2005 6:06 PM
Subject: Re: Completely Original Bugeye for Sale
> In a message dated 5/19/05 2:57:42 PM, dbl@chicagolandmgclub.com writes:
>
>
>> In the real world, the car
>> as you describe it is probably worth around 8K on the high side.
>>
>
> So that leads to the philosophical question -- what IS the right value for
> a
> Gold Level concours Bugeye Sprite at this time? I'm certainly not going to
> accept the idea that ANY running, attractive, original, Bugeye could be
> purchased
> for $8000 these days, so I'm guessing the right value for a great original
> Bugeye must be between that price and $25,000.
> Incidentally, note that another Bugeye also sold at that same auction for
> $20,000 so that means there were at least three folks who liked Sprites
> and had
> spent too much time at the bidders' bar at BJ in January.
> Cheers
> Gary
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