Barrett-Jackson Auction

Have you seen that Barrett-Jackson has now gone to "RESERVE" auctions. I was watching it last night and low and behold they have reserves on some of the cars.

My thoughts are car values are dropping and sellers do not want to see their baby sell for less than they want.
 
If you saw the Kansas City Mecum auction on tv, they only sold about half of the cars. Cars are not selling for what they did even 2 years ago.
 
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