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Old 12-14-2014, 04:51 PM   #1
Randy in ca
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Default $2000 gas cap

Congratulations Michael on a great auction!


http://www.ebay.com/itm/RARE-Accesso...-/390993603072
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Old 12-14-2014, 05:02 PM   #2
Scott H in Wheaton
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Default Re: $2000 gas cap

Dang, 120 bids, started at $.01
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Old 12-14-2014, 05:02 PM   #3
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Default Re: $2000 gas cap

I was wondering the other day how much the word RARE is worth is a description of some thing for sale / now we are zeroing in on it.
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Old 12-14-2014, 05:03 PM   #4
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Default Re: $2000 gas cap

Insane!
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Old 12-14-2014, 05:07 PM   #5
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Default Re: $2000 gas cap

I hope it included a year supply of gas...
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Old 12-14-2014, 05:11 PM   #6
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I too watched this and while I am very happy for Young Mike, I am also baffled by the ignorance shown in the bidding. Well, not really baffled as I am flabergasted that there are those that apparently have more money than sense.
While those caps are rare, they are not THAT rare. A friend has a beauty and I have one that is nice but without keys.
Way to go Mike!!!
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Old 12-14-2014, 05:13 PM   #7
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Imagination is more important than knowledge.

unless you are a starving artist....................
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Old 12-14-2014, 05:17 PM   #8
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Default Re: $2000 gas cap

Quote:
Originally Posted by Scott H in Wheaton View Post
Dang, 120 bids, started at $.01
Yes, 120 bids but if you check the bidding history the majority of those were made by one bidder.
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Old 12-14-2014, 05:23 PM   #9
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Default Re: $2000 gas cap

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Imagination is more important than knowledge.

unless you are a starving artist....................
Now, that's using your imagination..! Without imagination, there would be no knowledge... As Raymond Loewy once said, "Never leave well enough alone." Imagine that. Merry Christmas
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Old 12-14-2014, 05:23 PM   #10
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Default Re: $2000 gas cap

Clearly bids made by people who have no good strategy on ebay and just kept bidding up. I never bid more than once and use a sniper: http://www.gixen.com/index.php. I lose very few auctions and don't bid items up needlessly like the winner in this auction did. I learned my lesson early, a long time ago I put in a ridiculous bid so high I thought no one would bid that high, and won the auction with a 50% premium. Should have waited as another idiot did the same thing!.
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Old 12-14-2014, 05:59 PM   #11
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Default Re: $2000 gas cap

Yes, he's done very well on that gas cap! Let's just hope the buyer pays before he comes to his senses.
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Old 12-14-2014, 06:10 PM   #12
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Default Re: $2000 gas cap

Quote:
Originally Posted by Randy in ca View Post
Congratulations Michael on a great auction!


http://www.ebay.com/itm/RARE-Accesso...-/390993603072
I have a matching '37 hood handle, new in the box with the original tissue paper packaging. It's going in my safe deposit box!
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Old 12-14-2014, 06:15 PM   #13
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Default Re: $2000 gas cap

Quote:
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I have a matching '37 hood handle, new in the box with the original tissue paper packaging. It's going in my safe deposit box!
How much and you can keep and do with what you want with the tissue paper?
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Old 12-14-2014, 06:16 PM   #14
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Originally Posted by Randy in ca View Post
Congratulations Michael on a great auction!


http://www.ebay.com/itm/RARE-Accesso...-/390993603072
Mike should have listed it as 1932 Ford only and he would have doubled his money.
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Old 12-14-2014, 06:20 PM   #15
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Default Re: $2000 gas cap

sheeze, that much???? Are you kidding?
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Old 12-14-2014, 06:22 PM   #16
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Default Re: $2000 gas cap

I am taking the one's I have out of my junk box. Mike is a great guy. I am glad for him.
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Old 12-14-2014, 06:23 PM   #17
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Default Re: $2000 gas cap

Quote:
Originally Posted by mrtexas View Post
Clearly bids made by people who have no good strategy on ebay and just kept bidding up. I lose very few auctions and don't bid items up needlessly like the winner in this auction did.
It looks, to me, like the winning bidder knew what he was was doing, didn't bid until the last few minutes; but did leave himself room to bump it again if he had second thoughts; which he did, and took the auction.

No accounting for the other idiots that jacked up the total number of bids with multiple low increment bids.
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Old 12-14-2014, 07:01 PM   #18
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Default Re: $2000 gas cap

So...Anyone know who made those particular locking gas caps? My avitar is one. I actually had two of them, sold one to a member on here a while back. I run the other on my 35. I consider it to be a 35 accessory, because the V8 logo matches that on the 35 hubcaps.
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Old 12-14-2014, 07:03 PM   #19
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Default Re: $2000 gas cap

What??? Thats just stupid. But I am glad there are still some people out there that have no conception of the value of the dollar.
I hope they also have enough to give to charity.
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Old 12-14-2014, 07:14 PM   #20
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Default Re: $2000 gas cap

Quote:
Originally Posted by rich b View Post
It looks, to me, like the winning bidder knew what he was was doing, didn't bid until the last few minutes; but did leave himself room to bump it again if he had second thoughts; which he did, and took the auction.

No accounting for the other idiots that jacked up the total number of bids with multiple low increment bids.
I only bid in the last 6 seconds
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Old 12-14-2014, 07:39 PM   #21
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Default Re: $2000 gas cap

I was a bit surprised at the final outcome of the auction. Regardless, the buyer is happy and crazy auction prices like this and others at least shows there is still some value in this old ford stuff.
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Old 12-14-2014, 08:48 PM   #22
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Default Re: $2000 gas cap

Quote:
Originally Posted by rich b View Post
It looks, to me, like the winning bidder knew what he was was doing, didn't bid until the last few minutes; but did leave himself room to bump it again if he had second thoughts; which he did, and took the auction.

No accounting for the other idiots that jacked up the total number of bids with multiple low increment bids.
While I agree that the last bidder did use a last minute strategy what you guys think are low incremental bids are merely bids that went to a person's proxy amount. There can be interruptions to a proxy if another bidder should enter an amount somewhere in the middle so to speak and that has happened here also. Even without analyzing each individual bidder and their high proxy it is plain to see that there were not really that many bids entered.

Bidding in the last six seconds is certainly no guarantee. If I had bid in the first six seconds but I had set a higher proxy you can not exceed that bid with any so called strategy.

Regardless, to the seller go my congratulations! You did good.
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Old 12-14-2014, 09:21 PM   #23
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Default Re: $2000 gas cap

I have one exactly like that that I bought at a garage sale for $2. Cost $16. to get a key made. Mine is real rare, it has DRAKE stamped on the back!! Maybe I should offer it on ebay, no wait, there will be a hundred on ebay tomorrow.
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Old 12-14-2014, 09:45 PM   #24
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Default Re: $2000 gas cap

I watched a 2-bolt timing cover go for $200.00 so you never know.

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Old 12-14-2014, 11:36 PM   #25
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Default Re: $2000 gas cap

You'd think for this price it would have included free shipping!
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Old 12-15-2014, 01:03 AM   #26
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There another one listed already, looking for the same outcome
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Old 12-15-2014, 01:59 AM   #27
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Default Re: $2000 gas cap

Hi there, I bought the same V8 locking cap with working key in good condition this year on ebay for $100.00. Regards, Kevin.
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Old 12-15-2014, 04:58 AM   #28
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Default Re: $2000 gas cap

WTF?? that cant be right...
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Old 12-15-2014, 05:57 AM   #29
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Default Re: $2000 gas cap

Quote:
Originally Posted by roadster36 View Post
I am taking the one's I have out of my junk box. Mike is a great guy. I am glad for him.
Id buy it for my model a! but cant afford the $2,000 plus
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Old 12-15-2014, 08:29 AM   #30
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Id buy it for my model a! but cant afford the $2,000 plus
Put it on your Christmas wish list. Maybe it will be in your stocking Christmas morning
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Old 12-15-2014, 09:26 AM   #31
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Default Re: $2000 gas cap

I guess it goes to show you just never know. Remember when there was a run on those breathers that are scoops (I think '36 or '37)? Those got pricey real quick and then faded away.

Auctions are funny.
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Old 12-15-2014, 09:47 AM   #32
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Originally Posted by poweredbylincoln View Post
Id buy it for my model a! but cant afford the $2,000 plus
Sell the model A, then you might be able to afford it.
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Old 12-15-2014, 09:54 AM   #33
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Quote:
Originally Posted by Fordors View Post
While I agree that the last bidder did use a last minute strategy what you guys think are low incremental bids are merely bids that went to a person's proxy amount. There can be interruptions to a proxy if another bidder should enter an amount somewhere in the middle so to speak and that has happened here also. Even without analyzing each individual bidder and their high proxy it is plain to see that there were not really that many bids entered.
Still think there was a couple of odd bidders.

Heading on the bid history list:

"Only actual bids (not automatic bids generated up to a bidder's maximum) are shown. Automatic bids may be placed days or hours before a listing ends."
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Old 12-15-2014, 01:34 PM   #34
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Quote:
Originally Posted by rich b View Post
Still think there was a couple of odd bidders.

Heading on the bid history list:

"Only actual bids (not automatic bids generated up to a bidder's maximum) are shown. Automatic bids may be placed days or hours before a listing ends."
There were two guys using some 3rd party automated software/service to increase their bid amounts every few seconds until they were the high bidder. The rest either entered a proxy bid or were manually increasing their bid.

"Automatic bids" would be those that are placed by the proxy to outbid a manually entered one. The 3rd party aided bids would be considered manual bids on that list.

The whole thing seems a bit fishy on the bidding, but we'll see what happens to the one that was listed yesterdary. Item #321617776420
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Old 12-15-2014, 05:41 PM   #35
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Default Re: $2000 gas cap

Drake had repops ten years or so back on sale for $10. Some $%&*(@ stole two I had in the shop.
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Old 12-15-2014, 05:57 PM   #36
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Default Re: $2000 gas cap

A lot of those outrageous bid wars end up with someone welshing on the deal.

Last edited by rotorwrench; 12-15-2014 at 07:04 PM.
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Old 12-15-2014, 05:59 PM   #37
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Did any Barners stop to think that maybe the seller had several of these caps some friends run it up, so he could sell moprfe at high dollar and return the $2000 to his friend.I am not saying it happened that way, but it could.
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Old 12-15-2014, 06:14 PM   #38
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Default Re: $2000 gas cap

Now there's another one just surfaced on e-bay.
$300 at present.
Maybe Drake should start making them.
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Old 12-15-2014, 06:39 PM   #39
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Default Re: $2000 gas cap

This seller gets more for other new items than Mac's or Drake charge.
Not knocking him , but I don't understand it either. I guess some people
are just spur of the moment buyers and can't be bothered with
catalogs.
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Old 12-15-2014, 06:43 PM   #40
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I hope the winning bidder actually pays ...
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Old 12-15-2014, 06:52 PM   #41
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Marv,
I was the seller of the cap on eBay and I can assure you we had no "friends" bid it up. The cap has been paid for by the winner whom is a regular customer at our business. He is very happy with his purchase. To some people its not about the $$ as much as getting what they want.

BrianCT,

Our eBay prices naturally are higher on some items due to the fees from ebay. Not all of our products are the same as other vendors. As you said some buyers dont want the hassle of a catalog. Another note, go buy a set of exhaust gaskets or any small item from Mac's or Drake and tell me what the shipping charges are compared to what we charge. Also see how fast or slow it may arrive. I will admit our prices are higher on some items, but we ship same day and strive for customer service on eBay and phone orders. You will find this same principal at many of the "smaller" vendors. Sometimes it's worth the extra $2.00.
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Old 12-15-2014, 07:04 PM   #42
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Default Re: $2000 gas cap

What the hell - the value is in the eye of the beholder! As an accomplished seller once told me in reference to a rare 34 car:

"It really isn't about what it is worth - it is about how bad do YOU want it!"

B&S
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Old 12-15-2014, 07:14 PM   #43
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Default Re: $2000 gas cap

Quote:
Originally Posted by Marv View Post
Did any Barners stop to think that maybe the seller had several of these caps some friends run it up, so he could sell moprfe at high dollar and return the $2000 to his friend.I am not saying it happened that way, but it could.
Marv , obviously you do not know this seller !!!
He is a pure asset to our hobby !!!
Too bad !!! Your loss !
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Old 12-15-2014, 09:09 PM   #44
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I have bought items from Michael on e-bay and he has many NOS items. I've always found that his descriptions are accurate. He ships quickly and the shipping is very reasonable. I've got some good buys because no one else bid. It all comes down to how bad someone wants an item when it comes to the bid price.
It's fine to be thrifty in this hobby, but there a lot of old fords in garages that will never get built because the owner is too thrifty to buy a needed part. they figure they might find it cheaper somewhere down the road. These same people don't realize "there ain't no pockets on a casket".
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Old 12-15-2014, 10:38 PM   #45
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"there ain't no pockets on a casket". Priceless ;-)
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Old 12-15-2014, 11:03 PM   #46
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Quote:
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Did any Barners stop to think that maybe the seller had several of these caps some friends run it up, so he could sell moprfe at high dollar and return the $2000 to his friend.I am not saying it happened that way, but it could.
IF you knew Michael, you wouldn't think this, much less suggest it!
I've bought parts and two cars from him, and if anything, his word is his bond, and he would rather see a customer pleased than make a dollar.

A fine young man, and a example of how business SHOULD be done today.
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Old 12-15-2014, 11:28 PM   #47
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Default Re: $2000 gas cap

On another note if anyone has legit original literature on these caps, I would love to see. I have always wondered the story on them.
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Old 12-16-2014, 12:37 AM   #48
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Default Re: $2000 gas cap

Just saw an other one on ebay starting for 300.00. Go figure.
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Old 12-16-2014, 09:20 AM   #49
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Originally Posted by Marv View Post
Did any Barners stop to think that maybe the seller had several of these caps some friends run it up, so he could sell moprfe at high dollar and return the $2000 to his friend.I am not saying it happened that way, but it could.
Marv, This particular seller is about as straight a shooter as they come. It would be difficult (impossible?) to find a more ethical guy.
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Old 12-16-2014, 11:51 AM   #50
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On another note if anyone has legit original literature on these caps, I would love to see. I have always wondered the story on them.
I looked through my set of Ford Life magazines last night as I thought I might find something regarding the V8 design gas cap, but came up empty. The only reference to locking caps was a Stant article that mentioned that the key cover door was redesigned for 1940. You will recall that originally the cover door had Ford embossed in script, with that cap being asked for by Ford for accessory sales in 1935. Assigned p/n 48-18416-A the cap sold for $1.25 in 1936 and will fit Fords from 1932 through 1948. I believe Ford asked for the 1940 re-design because it is shown on top of a Ford Accessory box.
There was another reference to Bob Drake introducing his 48-18416-A repro, must have been 1970-1971?; he was still in California and I think that cap was what got him into the business.
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Old 12-16-2014, 04:59 PM   #51
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"It really isn't about what it is worth - it is about how bad do YOU want it!"


And I look at it as how bad do you want to screw up the hobby for the working class hero's that aren't loaded ? I would list it at a realistic "Buy it now" price, since I know I'm not going to get rich on one sale. Plus I'm an oddball and wasn't born with the "greed" gene.

Sal

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Old 12-16-2014, 06:46 PM   #52
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Default Re: $2000 gas cap

At that kind of price, they'll probably being reproduced somewhere in China right now!They'll soon be for sale, be patient there coming.
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Old 12-17-2014, 06:23 AM   #53
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Default Re: $2000 gas cap

Well done Michael. What you got is what it's worth ! No point bitching about auctions.
Highest bidder takes the goods !
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Old 12-17-2014, 08:31 AM   #54
Bored&Stroked
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Default Re: $2000 gas cap

Michael is a totally stand up dude and has found and brought a LOT of parts up for sale that one just can't find. I only wish I was the guy that had that darn gas cap and sold it for $2000 (cause it is not worth that to me) . . . as it would help finance some other 32 parts that are worth that to me.
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Old 12-17-2014, 04:22 PM   #55
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Default Re: $2000 gas cap

An interesting thread to say the least.
I seem to sit on both sides of the debate aisle - sometimes pay too much on eBay but sometimes just to cheap to pull the trigger.

I suspect most folks swing both ways depending on where you stand with your project or "want list".
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Old 12-17-2014, 04:25 PM   #56
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Smile Re: $2000 gas cap

Quote:
Originally Posted by KiWinUS View Post
Marv , obviously you do not know this seller !!!
He is a pure asset to our hobby !!!
Too bad !!! Your loss !
I do not know the buyer or seller and it was no loss to me, i was not interested, i just could not believe anyone would pay $2000 for a gas cap. and like i said it may not have happened that way and it evidently did not. I weas not accusing just wandering.
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Old 12-17-2014, 04:29 PM   #57
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Default Re: $2000 gas cap

Quote:
Originally Posted by Marv View Post
...I was ... just wandering.
I do that a lot

(so says my wife, anyway)
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Old 12-17-2014, 07:40 PM   #58
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Default Re: $2000 gas cap

Marv was just stating what a lot of us were thinking. He does not know either party and has no "agenda" here. Now give him a brake.
Phil
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Old 12-17-2014, 07:47 PM   #59
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Default Re: $2000 gas cap

I have noticed that a lot of people do not seem to understand ebay very well. It seems to shock a lot of people when a lot of bids appear out of no where at the last second! Or how some of the bidding appears. Ebay is a world unto it self, some like it (I'm among that group) and some do not. Either way, there are a lot of items that come up on ebay that are hard to find anywhere else.
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