❗️At a recent Mecum auction in Monterey, classic-car dealer Bobby Adams bid $31,000 on a Continental Mark II.
The auctioneer allegedly dropped the hammer, said “sold,” and declared the car his.
Moments later, the bidding was allegedly reopened and the car sold again for $33,000.
Video clips of the moment went viral on TikTok and Reddit, sparking outrage among car enthusiasts.
Many commenters argued that once the hammer falls, it is considered a binding contract.
One viral comment said: “why would you destroy your company’s reputation for $1k?”
Critics say the incident damaged Mecum’s credibility and reputation within the collector-car community.
Some viewers suggested the bidder could pursue legal action or file a complaint with the state auctioneers board.
The controversy continues to circulate online, with many calling it one of the most high-profile auction disputes in recent memory.
Who do you think is in the wrong? What are your thoughts? 🤔💭
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