Auction of Gene Hetland's mostly '32 parts

[DavidG]

Saturday, the 22nd.

[Gene F]

These auction fees are getting out of sight!

[rufus39]

Thank you David !

[BoxCar Tom]

Anybody know if there any parts auctions on site or are they all on line?

[BoxCar Tom]

Today, Indiana state realized $9,190.00 on the Gene Hetland mostly 1932 Ford parts auctions.

Today, Mecum realized $24,580.00 on the Gene Hetland mostly 1932 Ford parts auctions.

Gene Hetland realized $106,870.00 on the mostly 1932 Ford parts auctions.

These numbers are based on the final results of each auction.

A bit of irony, The two highest auctions were for HOT ROD parts and the third highest was for a bin full of mixed parts including HOT Rod Alum heads.

[DavidG]

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I suspect that Gene is very disappointed in the financial results of the auction as the bidding seemed much less spirited than many anticipated, especially in the early lots. I think that the auction house's lack of clarity regarding shipping was a contributing factor. It was only after the auction ended they advised that won lots could be picked up at Indiana State Fairgrounds rather than shipped. (Unless I missed something in their earlier instructions, but if I did, I suspect that I was not alone.)

[Tim Ayers]

Originally Posted by BoxCar Tom

Today, Indiana state realized $9,190.00 on the Gene Hetland mostly 1932 Ford parts auctions.

Today, Mecum realized $24,580.00 on the Gene Hetland mostly 1932 Ford parts auctions.

Gene Hetland realized $106,870.00 on the mostly 1932 Ford parts auctions.

These numbers are based on the final results of each auction.

A bit of irony, The two highest auctions were for HOT ROD parts and the third highest was for a bin full of mixed parts including HOT Rod Alum heads.

It was an interesting auction to watch. The two highest items : GH1762 & GH 1772 are reproductions of Eddie Meyer speed parts and sold for approximately 2X's their value as reproductions.

I'd have to assume the winner bidder thought they were original nor did the information on the site state they were reproductions either.

Along the same lines, I bought an NOS Edelbrock 4X2 intake for $250 which was a very good price. It was not advertised as such, but you can tell by the original casting coloring and no blemishes on any machined bolt holes.

Overall, some of the lots were really poorly listed or described. Also, some of the items they grouped together were not even in the same part family, but were very valuable.

I'm not sure what would be the best way to sell all of those incredible parts. I guess auctions can be hit or miss as seen here. It also ended at odd times.

The auctions ended between 9:00 AM-2:00 PM. Most people in the US would be at work during these times. Maybe that accounted for some of the low final bids on some of these items.

I also think the fee structure was really high. Taxes + fees add up to a lot of additional cost to the purchaser. Shipping is still to be determined.

If I didn't have a boy going to college in the fall, I would have spent much more than I did.

[VeryTangled]

I think I would have been upset if that was my stuff being sold.

Good descriptions and photos weren't provided. Maybe that's the auction house, maybe that's the seller.

https://ontime.mecum.com/auction/143...e-gauge-17059/

For example a item sold for $305 (next bid $355) listed as a Schrader Tire Gauge with dimensions in inches of 7x14x7 seems to be a display cabinet with a hinge and clasp, but not a tire gauge. The details say "valve inside."

There are four fairly weak photos. None shows the rear, top, bottom, or inside contents! I'd call that thin information.

[Tim Ayers]

Originally Posted by DavidG

I suspect that Gene is very disappointed in the financial results of the auction as the bidding seemed much less spirited than many anticipated, especially in the early lots. I think that the auction house's lack of clarity regarding shipping was a contributing factor. It was only after the auction ended they advised that won lots could be picked up at Indiana State Fairgrounds rather than shipped. (Unless I missed something in their earlier instructions, but if I did, I suspect that I was not alone.)

David,

Being able to pick items up was part of the fine print. You had to read all of it to find that statement.

[barnfind08]

I’m on my way back loaded with Auction parts. Very well run. Especially by Tiffany

[DavidG]

I picked up my items today as well. They were well organized and security conscious unlike a certain well known mid-western auction firm. And yes, Tiffany made it easy starting with her informative emails right after the auction ended.

[Randy in ca]

Originally Posted by VeryTangled

I think I would have been upset if that was my stuff being sold.

Good descriptions and photos weren't provided. Maybe that's the auction house, maybe that's the seller.

For example a item sold for $305 (next bid $355) listed as a Schrader Tire Gauge with dimensions in inches of 7x14x7 seems to be a display cabinet with a hinge and clasp, but not a tire gauge. The details say "valve inside."

There are four fairly weak photos. None shows the rear, top, bottom, or inside contents! I'd call that thin information.

From the auction disclaimer:

"Photos, materials for videos, descriptions and other information are provided by the consignor/seller and is deemed reliable, but Mecum Auction does not verify, warrant or guarantee this information".

[Tim Ayers]

Originally Posted by Randy in ca

From the auction disclaimer:

"Photos, materials for videos, descriptions and other information are provided by the consignor/seller and is deemed reliable, but Mecum Auction does not verify, warrant or guarantee this information".

Wow. If this is accurate and how it happened, I guess can't blame Mecum

[Tim Ayers]

Tiffany sent me my shipping quote and tracking info this AM. $65 for 4 lots. Two were small, one is an intake and the other is a legal box and one item from that lot is longer than the legal box. Seems fair enough. Fingers crossed they all arrive in good shape.

If this all goes smoothly, I would definitely bid on their auctions again. Yes, fees are high, but if you are patient, you can get some good deals.

[uncle buck]

Originally Posted by DavidG

I picked up my items today as well. They were well organized and security conscious unlike a certain well known mid-western auction firm. And yes, Tiffany made it easy starting with her informative emails right after the auction ended.

How about some pictures of what was purchased from this great collection by those of you that bought stuff?

[SUHRsc]

Originally Posted by VeryTangled

I think I would have been upset if that was my stuff being sold.

Good descriptions and photos weren't provided. Maybe that's the auction house, maybe that's the seller.

https://ontime.mecum.com/auction/143...e-gauge-17059/

For example a item sold for $305 (next bid $355) listed as a Schrader Tire Gauge with dimensions in inches of 7x14x7 seems to be a display cabinet with a hinge and clasp, but not a tire gauge. The details say "valve inside."

There are four fairly weak photos. None shows the rear, top, bottom, or inside contents! I'd call that thin information.

That one really surprised me..... That should have been in the thousands, not hundreds.....

[Tim Ayers]

I bought a few items, but my favorite are the two original SCTA medallions. Killer!

https://ontime.mecum.com/auction/143...allions-17348/

[Old Redneck]

I wanted to buy but was not able to pick up parts if I bought any. So I just forgot about the Auction. I would like to buy the Cabriolet but was told it would be very high and out of my price range. So be it. That ok I can live without it.

[quickchangeV8]

23% buyers premium is just pure greed. I just took one look at that and from then on I had no interest in this auction at all. I'll wait for Hershey to come back and look for parts there.

[Tim Ayers]

Originally Posted by quickchangeV8

23% buyers premium is just pure greed. I just took one look at that and from then on I had no interest in this auction at all. I'll wait for Hershey to come back and look for parts there.

That certainly came into play before I placed any of my bids. Some of the parts were so nice, it was worth the premium to me. Your opinion may differ.

I got caught up on one lot for four complete Stewart Warner tach drives that ended up going for over $1,000. I could not justify spending the $250 premium even though it was a good deal at the final price including premium.