customers, like tommy haas of utah will be bidders. tommy, it might be something he d be interested in. previewed the auction and thought it was a really cool relic. but after brian publishes a fancy color catalogue for the auction, he gets an auction from another client, $200,000 for the entire collection, which art paid more than 10000 for. should they take it? brian and nancy think hard about it but decide no. we want to let the market decide what it s worth and we want competitive bidding. we think it s the fairest way. will they regret their decision? i sure as heck tried to do what he wanted me to do.
thousand dollars. we had to move the auction forward. that entailed some word of mouth advertising by him and some seat of the pants hot rodding by me. do you have this thing insured? here s another question for you. which of these deceased celebrity s cars sold for the heist bid at auction? is it steve mcqueen? marilynn monroe, or james dean? the answer when we return.
it had been stored away in some warehouse for 50 years. based on the receipts art left, he spent $50,000 on his collection, but what s it worth now, and what do you do with it? naenks realizes she needs help. she reaches out to auctioneer brian in sacramento. he called me back. he said well, this collection, will it fit in an suv? i go no. he checked it out. it was overwhelming. it was just falling out of closets and cupboards. you would open up a trunk, and there would be guns wrapped in newspaper from the 1950s. we were on to one of those finds that you get once in a lifetime. how much work went into preparing for this auction? probably 12 to 14 hours a day for five straight days of cataloging and then we photographed for probably another week or two after that, and then put everything
there s about 220 of them. they re mostly american cars. they re prewar which is pre-1942. very rare cars because of the start of world war ii, they started limiting production, and you could only get one from a ration coupon. stewart and yvette make plans for a one-day auction right here on the salvage lot. word begins to spread about oliver jordan s old treasures. stewart soon learns that not altogether, a good thing. we arrived on the property, and then had a hole in the side of this building the size of a human body, and they sold over 215 antique radiators. tons of chrome parts. a lot of niece stuff. the antique radiators are worth $40,000, but the biggest loss for stewart is the theft of oliver s beloved 1904 harley davidson. possibly worth several hundred
them one by one. turns out just getting the titles for all these old cars takes months. you have to find the car s id numbers. we had to polish it off. we were able to get titles for the majority of the cars. the years colleged by like odometer miers miles. he spent more to authenticate the car. i have a plane trip from san francisco and back too. he says he has invested them primed for auction, ready or want it s time to sell. stewart contacts auctioneer yvette to appraise the collection. so is stewart sitting on a pile of junk or potential gold mine?