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1970 Franklin Mint 240Z up for Auction on BaT
I wouldn’t be surprised if Larry commissioned the new book, and dictated his and Roberts inclusion to promote their own “expertise” regarding Z Cars to drive up the price of their offerings.
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1970 Franklin Mint 240Z up for Auction on BaT
The few times I’ve commented on BAT, it seems to have posted immediately, although maybe my first comment or two were reviewed first. It doesn’t seem to me that there is any favoritism from BAT, other then letting The 240Z Guild comment on other Z auctions when that would appear to be a conflict of interest as he is a seller himself, and I don’t ever see other known sellers/dealers doing that. BAT gets paid a buyers fee on top of, and based on, the final sale price, so it’s in their interest to have any car sell for the highest possible price, but I doubt there is any kickback as that would possibly be illegal.
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DougN started following Low miles, original paint 280z , 1970 Franklin Mint 240Z up for Auction on BaT , Refurbished 1970 240Z Sells for $77,240 on BaT and 2 others
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1970 Franklin Mint 240Z up for Auction on BaT
As mentioned in another thread, and probably more appropriate here, the story I heard about the BAT auction of this car is that the high bidder Larry (lsteppe) already owned the car when he “bought” it for his six figure high bid - being the highest price paid for a Z at the time. Another collector was offered the car sometime before the BAT auction for $65K, but passed. He told me Larry then bought the car from that seller. Larry has some sort of collaboration with Robert (the 240z guild) and they have a number of his cars in their showroom in OK. It seems Larry had his buddy Robert (the 240z guild) put the car on BAT so he could bid it up to a six figure price. So Larry’s bid didn’t really didn’t matter as he already owned the car and didn’t have to pay Robert (the 240z guild) for it. Granted, he did have to pay the $5K buyers premium to BAT. But, if he was able to sell it now for six figures, seems that his initial purchase around $65K and the $5K buyers premium for the “fake” auction to set a high price has paid off for him.
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Refurbished 1970 240Z Sells for $77,240 on BaT
A few years ago some NOS door cards were found, but they were either US or Japanese passenger specs, meaning that they have the door handle pull on them. Guessing the driver sides wear out more frequently, so these were the left overs from US or Japanese spec full sets. Guessing this car has a drivers side door card from that group, which would explain the door handle. I still have one of these in the parts stash, but haven’t put it on.
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Refurbished 1970 240Z Sells for $77,240 on BaT
Interestingly, the story I heard was that the Franklin Mint Z was offered to a collector I know for $65K some time before it was put on BAT. He passed, and it was bought at that time by another collector (Larry Steppe -Lsteppe on BAT). That collector has some sort of collaboration with the indicted felon who is The 240Z Guild on BAT, which may have started when Lsteppe bought an auctioned car from The 240Z Guild (before he called himself that) on BAT. Now, back to the Franklin Mint Car, as mentioned Larry bought the car when it was offered for sale privately, and then appears to have had The 240Z Guild put it on BAT, where he bought it from himself for “the highest price paid for a 240Z” at the time. If you read the comments on pretty much any 240Z auction, you’ll see Larry and The 240Z Guild trying to influence prices all the time. I’m guessing if the Franklin Mint car is still at The 240Z Guild in OK, it’s just because Larry hasn’t moved it back to Atlanta. The 240Z Guild has several of Larry’s cars on display in their “showroom” (which is the above pic). Maybe Larry sold it to someone else, using his purchase from himself price to make a large profit on the car.
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I've been looking for a project
I'd go with some Vredestein Sprint Classics or Michelin XAS vintage radials as you can get them in the original OEM tire size (175/HR14). Coker tire has both. Will be putting them on the original steel wheels on my 71 Z soon
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BAT 1970 240Z HLS30-04930
Bidding always escalates during the last few minutes of the auction. I don't expect any movement in price until then. And I agree about the "Guild" guy, he should be barred from posting in any other Z auctions as it is really a conflict of interest for him.
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Need OEM radio for 73 240Z
Looking for a OEM radio for my 240z. Good, working condition. Thanks, Doug
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Low miles, original paint 280z
I'm jealous! I really liked it much more than the one that was the topic of this thread. Was really surprised it didn't go higher. If only I had room but I'm already over allowed
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Low miles, original paint 280z
That one made it to $15,500 on BAT but did not meet the reserve.
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Selling my beloved Z. Where to start?
I agree that Bring a Trailer is a great venue to try, lots of serious buyers seem to be on the site. Also agree that for a selling, raise the stance a bit, shoot some more pics and list it on BAT with the appropriate reserve. You might also try Hemmings as another selling venue.
- 240Z Z Registries (Where To Find) And Post Your Vin As Title
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My Datsun 240Z
Looks great! Nothing like some shiny new paint! I'm sure spring can't come fast enough now
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'73 240 New Paint Job - Gt-R Red And All Black Trim
Where did you get your paint/body work done?
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A Loss To The Z Car Community
Sad news indeed. John will certainly be missed, RIP sir.