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Reply to "Auction of Gov't Seized 1971 DE TOMASO PANTERRA GTS"

quote:
Originally posted by Corey Price:
The auction is back on for April 1st. The auction will start at 2/3 the appraised value.


What the heck kind of auction starts at 2/3 the appraised value. Does that mean they won't sell for less or they have a reserve?
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