The private sale is making a comeback


When news broke this month that a 1963 Ferrari 250 GTO sold privately for $70 million, it was a good reminder that between all of the auctions we talk so much about, there’s also a lot going on in the private market.

This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/articles/2018/06/29/private-sales-are-making-a-comeback


Buyers and sellers working directly with each other is the way for all areas of life - faster, easier, less expensive, and simpler logistics. Old school auction houses can’t offer the same value to anyone who owns a smartphone. Seems venues like BaT auctions and brokers who serve as concierge represent the future