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Old 26 Mar 2020, 17:43 (Ref:3967029)   #156
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Originally Posted by Rudernst View Post
I had been wondering about that

Yup, potential income from premiums lost there



fascinatingly

Bringatrailer.com

the leading online auction site

still sees very healthy bidding, at least for the good stuff

so there are still punters out there willing to spend money, more than I would have expected



One US auction house has changed a cancelled auction to an online format, which again sees heavy bidding

amazing, they set this up more or less overnight



Bonhams are offering the cars from the cancelled Goodwood auction as "still for sale"



RuE
Yes, Silverstone Auctions sister brand Classic Car Auctions had to run a virtual online sale when the event they were supporting was postponed. SA were due another auction at the Donington Historic. Be interesting to see how they work and if in fact a new entirely online business model emerges as a result which will cut their event costs and other costs like structures, transport, etc.

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