{"id":1033,"date":"2007-06-01T20:10:20","date_gmt":"2007-06-02T01:10:20","guid":{"rendered":"http:\/\/www.lotuscorps.org\/wp\/?p=1033"},"modified":"2024-04-29T20:08:37","modified_gmt":"2024-04-30T01:08:37","slug":"one-mans-junk-is-another-mans-treasure","status":"publish","type":"post","link":"https:\/\/www.lotuscorps.org\/wp\/one-mans-junk-is-another-mans-treasure\/","title":{"rendered":"One Man&#8217;s Junk is Another Man&#8217;s Treasure"},"content":{"rendered":"<p>Sometime around 1992 I was in the middle of acquiring parts&nbsp;for a Lotus Cortina restoration project. Former Lotus Corps&nbsp;member Dennis Duncan who had seriously raced a Lotus Cortina&nbsp;had stockpiled a warehouse full of parts, some new and some old.&nbsp;If you read my book \"Tale of Two Tina's\" you will find several&nbsp;chapters devoted to the numerous hours spent in his warehouse&nbsp;picking out the goodies I needed. On one particular visit I&nbsp;stopped off at Dennis's Glenview home and he took out a step&nbsp;ladder and pulled down a pair of fiberglass racing bucket seats&nbsp;from the rafters of his 1 car garage. They were tiny and simple&nbsp;little things weighing less than 10 lbs each. They were true to the&nbsp;original term of Bucket\" seats in that they only supported your&nbsp;butt - about half of your back, none of your thighs but all of your&nbsp;butt. You sat in them and strapped the seat belts around them and&nbsp;you, thus holding you and the seat in place. Not really any good&nbsp;for preventing whiplash. On top of that, the padding underneath&nbsp;the vinyl consisted of about 1 inch layer of soft foam - more like&nbsp;insulation than padding. And there were no seat adjusters -- you&nbsp;just bolt them where you want them on the floor. Simple - plain&nbsp;bucket seats.<\/p>\n<p>I really didn't need or want the seats but Dennis talked me into&nbsp;taking them for 50 bucks. I figured the kids could Use them for watching TV and playing video games and that they did - a lot!&nbsp;Year after year. they would sit in the family room, rocking in the&nbsp;chairs while starting out with Mario, super Mario. and progressively&nbsp;through all the bigger and better stuff on through the really&nbsp;cool F1 auto racing games of the present day. But more and&nbsp;more the seats spent more time being tripped over and shoved&nbsp;into the storage room. My butt had long since gotten too big for&nbsp;the seats. In fact. somewhere along the way Paul Quiniff had to&nbsp;repair the busted fiberglass on one of them, and the once perfect&nbsp;vinyl was now quite worn and torn in spots. So I decided the&nbsp;next time I did a garage\/house cleaning and posted some stuff on&nbsp;ebay, these seats would he amongst the junk. I mean valuable&nbsp;historic artifacts, that I would sell.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1034\" src=\"https:\/\/i0.wp.com\/www.lotuscorps.org\/wp\/wp-content\/uploads\/2017\/06\/Lotus-Corps-2007-06-junk.jpg?resize=600%2C525&#038;ssl=1\" alt=\"\" width=\"600\" height=\"525\" srcset=\"https:\/\/i0.wp.com\/www.lotuscorps.org\/wp\/wp-content\/uploads\/2017\/06\/Lotus-Corps-2007-06-junk.jpg?w=600&amp;ssl=1 600w, https:\/\/i0.wp.com\/www.lotuscorps.org\/wp\/wp-content\/uploads\/2017\/06\/Lotus-Corps-2007-06-junk.jpg?resize=300%2C263&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.lotuscorps.org\/wp\/wp-content\/uploads\/2017\/06\/Lotus-Corps-2007-06-junk.jpg?resize=571%2C500&amp;ssl=1 571w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>I posted the pair up with an optimistic&nbsp;reserve of $100. In 1992 Dennis had told&nbsp;me they were real&nbsp;rally bucket seats&nbsp;from a real Lotus&nbsp;Cortina rally car so I&nbsp;hoped that they may be worth something&nbsp;to a collector and not&nbsp;just junk for somebody&nbsp;else's kids. The&nbsp;first day after posting the seats. I got emails from literally around&nbsp;the world. I got separate emails from New Zealand, Australia and&nbsp;England asking how much to ship them to their respective countries.&nbsp;After spending some time with a tape measure and the&nbsp;bathroom scale. I replied to the inquires, not expecting much furher&nbsp;response as the shipping to England was $490 and Australia&nbsp;and New Zealand was even more. Day two brought me an email&nbsp;offer of $350 if I take the seats off ebay and sell them outright - ca-ching! But I decided to hold out and told the guy he would&nbsp;have to bid with the others. Day three brought more questions&nbsp;and a request for more pictures from a potential buyer in Japan.&nbsp;Always interesting to converse with someone through email who&nbsp;sends his messages through a translation software program. You figure out what they are trying to say but you have a laugh too. I&nbsp;guess it must work both ways. Day 4 brought another offline offer&nbsp;of $700!!! Again. I decided to wait, even though the actual bidding&nbsp;on ebay was only up to $212.10. So I waited and squirmed a&nbsp;little as the days passed and the bidding escalation stopped.<\/p>\n<p>Day 10, final day of the auction. I kept a close eye on my&nbsp;emails and the bidding for any last minute questions. I sent out&nbsp;an email to all the folks who had sent me questions, advising&nbsp;them that I had gotten several off line offers inferring that they&nbsp;should be ready to bid high! At least that was what I was hoping for&nbsp;but as the witching hour approached, the bidding was stalled. I&nbsp;was squirming in my chair and my wife Sue was laughing from&nbsp;the living room as with 4 minutes to go the bidding was still stuck&nbsp;at $212! 3 minutes to go - no change. 2 minutes to go - no&nbsp;change. Finally with 1 minute left. the bidding jumped to&nbsp;$515.25. OK, now I don't feel quite so bad. Not as good as $700,&nbsp;but better than $212. As the seconds ticked away, it's hard to&nbsp;track those last second snipers those with high speed hook ups&nbsp;that wait to the absolute last moment to bid. But when the auction&nbsp;is over, you can pull up a history and see who did what. The guy&nbsp;in Australia was the one that bid it up to $515 with 1 minute to go,&nbsp;beating out the guy in New Zealand. But with 9 seconds to go,&nbsp;the guy in England put in his final bid and with 8 seconds to go&nbsp;the California guy put in his. As it turned out. the England bid&nbsp;was the higher of the two and the final price on my beat up, worn&nbsp;out $50 fiberglass bucket seats came to $1026.20! Not a bad<br \/>\nprofit.<\/p>\n<p>Through further correspondence. I found that the winning, bidder&nbsp;was restoring an Alan Mann racing Lotus Cortina. Apparently the&nbsp;real Lotus Cortina freaks had heard stories about these particular&nbsp;seats disappearing in the states back in the 1960's and everyone&nbsp;thought they were long gone. They were very pleased about their&nbsp;winning bid. They were also pretty tired because the final bidding&nbsp;took place at 2:38 am on a Sunday morning - England time.<\/p>\n<p>I got an email from the Japanese guy a few days later. He said&nbsp;he was sorry he missed the bidding because of a holiday. He said&nbsp;he would have bid even more! Oh well, you snooze, you lose.<\/p>\n<p>So I did real well here, but just like a&nbsp;gambler who only&nbsp;tells you of all the&nbsp;money he's won, I&nbsp;won't tell you&nbsp;about the times&nbsp;where someone&nbsp;else got a real bargain&nbsp;off of me.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sometime around 1992 I was in the middle of acquiring parts&nbsp;for a Lotus Cortina restoration project. Former Lotus Corps&nbsp;member Dennis Duncan who had seriously raced a Lotus Cortina&nbsp;had stockpiled a warehouse full of parts, some new and some old.&nbsp;If you<\/p>\n","protected":false},"author":6,"featured_media":1034,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[1],"tags":[108],"class_list":["post-1033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-cortina"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.lotuscorps.org\/wp\/wp-content\/uploads\/2017\/06\/Lotus-Corps-2007-06-junk.jpg?fit=600%2C525&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7OjGQ-gF","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/posts\/1033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/comments?post=1033"}],"version-history":[{"count":2,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/posts\/1033\/revisions"}],"predecessor-version":[{"id":3058,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/posts\/1033\/revisions\/3058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/media\/1034"}],"wp:attachment":[{"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/media?parent=1033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/categories?post=1033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lotuscorps.org\/wp\/wp-json\/wp\/v2\/tags?post=1033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}