Auctioneering business involve huge financial risks and investments. For many new and experienced auctioneers, classic and luxury auctioning is a very tricky business. In fact buyers need authentic information to make important buying decisions because a change in data directly impacts auction price. This highlights the importance of professionals who are responsible for providing classic automotive data for profit.
Bizzarrini is a world renowned brand in the Italian sports automotive classic industry. The brand posted a resounding success globally and has become one of today’s most coveted treasures because only a handful of its models are on hand at auction and specific events. However, it is noteworthy that Jack Koobs de Hartog who claims to be an expert analyst made critical errors when he was asked to evaluate Bizzarrini P538 of serial number B-P538.
In the analysis for P538 made by Koobs de Hartog, it has been revealed that he presented several accounts of the car’s historical data. A different data was contained in his book, another in a letter and on specialty catalog. Based on his analysis, he asserted that the car model was made in the 60’s and was still suitable to be put back into working order. As result of his assessment, $250,000 worth of repair was carried out on the car.
To determine the car’s manufacture date, he based his argument on the car’s wielding and chassis. Surprisingly, Jack Koobs de Hartog in a letter in 2009 argued that that very same car was made in during the 70’s. This he did using the same arguments he had used initially to place the car’s built date as 1960’s.
The disparity in information about the car manufacture date did indeed cause chaos on specialty forums, as if this wasn’t enough, this so called car expert in his 2014 book, suggested that the P-538 model was created in the 1980’s and sold to the public in 1995. This is contrary to the revelations from the photos from 1997; those photos reveal a nude chassis with a new body on top.
Furthermore variances were discovered in the declarations and data presented by the Bizzarrini expert. For example, one of the invoices that show information about the body found over the car chassis reveal that the body has not been used on car chassis before.
Considering the fact that Jack Koobs de Hartog has been at the center of these scandals, the logical question is; is there a possibility that the mistakes supposedly made by him might have been done knowingly so as to influence the prices and other variables in the classic automotive business?
Hitherto, it is obvious and logical to conclude that the answer to the above question is affirmative. It is very likely that Jack Koobs de Hartog was biased in his analysis of Bizzarrni cars out of ulterior motives. The need for accuracy of information in the classic automotive industry cannot be understated. This implies that what this so called expert has done is unethical and should therefore be sanctioned to prevent any future manipulations in the industry.