A brand-tier market masquerading as one model: Superformance cars clear $200k–$325k while equally competent ERA, RCR and GTD builds trade at $96k–$157k — and roughly four in ten sellers still can't make their reserve.
Across all 84 completed BaT auctions the median sold price is $140,000 with a mean of $165,757 — the gap tells you the market is skewed by a small group of six-figure-plus Superformance cars. The interquartile range is enormous: $102,500 at the 25th percentile to $228,000 at the 75th, with the full range running $2,500 to $386,000. Sell-through is 60.7% (51 sold, 33 reserve-not-met), which is weak for a modern-collectible category and is the single most important statistic in this report: a third of sellers are asking more than the room will pay. Momentum is mildly positive — last 12 months median $165,000 versus $157,000 the year before, +5.1%.
Do not read the by-year medians as a trend line. 2024 shows $235,500 (n=8), 2025 shows $130,000 (n=10) and 2026 shows $297,500 (n=2). That is mix shift, not a 45% crash and recovery: 2025's sample includes No Reserve: Fiberfab Avenger GT12 Project at $4,100 and One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica at $77,000, while 2026's two sales are both top-tier Superformance cars — Fuel-Injected, Shelby 496 FE-Powered Superformance GT40 Mk I at $325,000 and No Reserve: Roush 427–Powered Superformance GT40 Mk I at $270,000. Once you segment by builder the picture is stable and legible.
The tiers, from the 20 deep-analysed sales: Superformance-bodied cars with Roush 427 or Shelby FE power occupy $200,000–$325,000 (Roush 427IR-Powered Superformance GT40 Mk I at $200,000 post-auction, No Reserve: Roush 427IR-Powered Superformance GT40 Mk I at $229,000, 496-Powered Superformance GT40 MKII 50th Anniversary Edition at $308,500). ERA sits at $130,000–$157,000 with remarkable consistency — 302-Powered ERA GT Mk I $130,000, 351-Powered ERA GT Mk 1 $130,000, 289-Powered ERA GT Mark I $157,000. Race Car Replicas is $107,000–$144,000 (Race Car Replicas RCR40 Mk I sold at $107,000; Race Car Replicas GT40 Mk1 failed at $144,000). GT Developments GTD40 landed $96,500. Owner-engineered one-offs and Superlite-class cars are $67,500–$116,111, mostly unsold. Fiberfab-era 1960s/70s kits are scrap-to-$8k money.
What is actually moving the numbers is not mileage or colour — it is builder reputation, engine provenance, and seller conduct in the comment thread. The correlation is stark: every reserve-not-met car in the deep sample had either an absent seller (Roush 427–Powered Superformance GT40 Mk I, where commenter 1889 wrote "I don't think I've seen an auction where the seller didn't post a single comment," RNM at $201,454) or a build-cost-anchored reserve the market rejected (Godzilla-Powered Superformance GT40 Mk I, $385k claimed investment, RNM at $247,777; 5.2L Aluminator–Powered Superlite GT-R, $152k documented build, RNM at $116,111; 302-Powered Ardern Cars Active Power GT, RNM at $67,500 which commenter jlwdvm noted was "WAY below the price of the kit and parts"). Meanwhile the no-reserve format is doing real work: No Reserve: Roush 427–Powered Superformance GT40 Mk I had already failed to sell on BaT in August 2025 and made $270,000 when relisted with no reserve, and No Reserve: Roush 427IR-Powered Superformance GT40 Mk I ran from a stalled $65,000 first hour to $229,000 in the final hour. Build cost is not a valuation input in this market; the buyer pool discounts labour heavily.
Superformance cars in the deep sample: $200,000, $229,000, $270,000, $308,500, $325,000. Comparable-quality kit builds: Race Car Replicas RCR40 Mk I at $107,000, GT Developments GTD40 at $96,500, 351-Powered ERA GT Mk 1 at $130,000. Commenter Dwait on the Superformance thread: "Rollers cost 150k and up, depending on options," which sets the floor. ViperNC positioned RCR as "a good alternative for someone that doesn't want to fork out the extra money for the Superformance."
Fuel-Injected, Shelby 496 FE-Powered Superformance GT40 Mk I made $325,000 on 24 miles with a DemBeste/Shelby American 496 at 626hp dyno-verified and engine number CSX-P2476-MKI matching the chassis. 496-Powered Superformance GT40 MKII 50th Anniversary Edition made $308,500 with a Shelby 496 FE. By contrast Roush 427IR-Powered Superformance GT40 Mk I could not produce a dyno sheet despite rmoses and gtaylorwill both asking, and stalled at $190,000 before a negotiated $200,000. NewEnglandCobras framed the FE-in-Mk-I as "nearly impossible... with enough money and the right team, the impossible has become reality."
No Reserve: Roush 427–Powered Superformance GT40 Mk I is the cleanest natural experiment in the dataset: it failed on BaT in August 2025 and then made $270,000 no-reserve in May 2026 with SLCKJC, WifeSaysNoMore, texasrevving and Nosol fighting in the last 30 minutes. No Reserve: Roush 427IR-Powered Superformance GT40 Mk I went from $157,500 to $229,000 in the final hour. Every reserve car in the sample that anchored to build cost failed.
Roush 427–Powered Superformance GT40 Mk I: seller posted nothing at all; RNM at $201,454. Roush 427IR-Powered Superformance GT40 Mk I: dealer consignment, no cold-start video until the last moment ("Its very hard to upload cold start video last minute, sorry guys"), rhill55 "WTF is the Seller? Weak….", TheRat "No sound no bid" — stalled at $190,000 against a claimed $330k build. Compare No Reserve: Roush 427–Powered Superformance GT40 Mk I where casciomotors answered every technical question and offered inspection calls, and made $270,000.
No Reserve: Roush 427–Powered Superformance GT40 Mk I ($270,000) and No Reserve: Roush 427IR-Powered Superformance GT40 Mk I ($229,000) are both Gulf-livery cars on 15" knock-offs. Conversely the 18"/19" HRE-shod Roush 427IR-Powered Superformance GT40 Mk I drew criticism from 2112, catpat8000, jetdoctor and MrThunder as "out of place and cheapening the appearance" and underperformed. The statistics explicitly withhold colour medians for thinness, so treat this as directional only.
Roush 427–Powered Superformance GT40 Mk I Roadster sold $140,000 — christophernkennedy asked post-sale "I wonder if this is a record low for a Superformance GT40?" and Deano attributed it to "the non-conventional roadster element." Godzilla-Powered Superformance GT40 Mk I, a globally unique 7.3-litre build with a claimed $385,000 invested, failed at $247,777. The market pays for orthodoxy here.
Fuel-Injected, Shelby 496 FE-Powered Superformance GT40 Mk I ($325,000) had front-axle lift, A/C and Borla 8-stack injection. Roush 427–Powered Superformance GT40 Mk I was penalised for "A/C leak repaired December 2023, though the system does not blow cold" — phavriluk: "Yet another zillion-dollar toy with broken stuff left for the buyer to sort out." GulfGT40 priced a front-end lift retrofit at roughly $3,000 on the No Reserve car.
289-Powered ERA GT Mark I made $157,000 — the strongest ERA result — on Chuck Gutke assembly, a Curt Vogt engine and original Halibrand magnesium wheels, with ERAFIA vouching for the seller. 302-Powered ERA GT Mk I made $130,000 with dougbrown vouching for the late builder. Race Car Replicas RCR40 Mk I had builder 1889 answering questions in-thread. Roush 427IR-Powered Superformance GT40 Mk I refused to answer Craig10749's question "Do you have contact information of original owner/builder for new buyer" and paid for it.
The mileage table is monotonic at the top: 24 mi -> $325,000, 111 mi -> $308,500, 624 mi -> $200,000, 869 mi -> $270,000, 876 mi -> $229,000. But below that it breaks down entirely — 500 mi -> $157,000 while 8,000 mi -> $130,000 and 11,000 mi -> $77,000. Mileage here is a proxy for builder tier, not a driver in its own right. Note also christophernkennedy's warning that low miles signal owners who "are in love with the image" and found the cars hard to live with.
No Reserve: Roush 427–Powered Superformance GT40 Mk I is titled '1969 RCON GT40' rather than Ford GT40, which AmericanMuscles and GulfGT40 flagged as complicating California registration. Race Car Replicas RCR40 Mk I carries "Massachusetts title listing the car as a 1965 Ford Mustang GT." One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica is titled as a 1961 Oldsmobile on original F-85 VIN stamps — Ranchero65 and Shallow-life both raised out-of-state inspection risk, and one commenter noted a plate reader would return a 1961 Oldsmobile sedan. On 351-Powered ERA GT Mk 1 the seller insisted there were no titling problems; Cobalt289 replied with a first-hand account: "All paperwork was submitted, stamped, approved… Then a few weeks later came the rejection letter because it had been flagged. […] there's also California Vehicle Code 4463 that you just might want to take a look at." GT Developments GTD40's title omits the GTD prefix from the chassis number.
Check: Get a photo of the actual title and the VIN plate before bidding. Confirm the titled year/make/model, whether the state calls it Specially Constructed (SPCNS), Reconstructed, Kit, or a real Ford, and whether an SB100 sequence number was issued. Verify your own DMV will accept transfer of that designation. Ask for the MSO/Certificate of Origin and Certificate of Authenticity.
On Roush 427–Powered Superformance GT40 Mk I, GulfGT40 said the car runs extremely hot inside and cited Jay Leno: "It's the only car he drove where it was 75 degrees outside and 120 degrees inside." Mike831 on the same car itemised what was missing: "Remote oil filter and plumbing along with a 2nd oil cooler and plumbing. I didn't see a trans cooler and plumbing? The ducts are also missing... These cars have little air flow in the wheel wells/under chassis and don't get a lot of air in to cool the brakes." The seller of One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica openly conceded the car "is not happy sitting in extreme heat" above 80°F and had to plan routes around it. RodsHotRod on GT Developments GTD40: "Mine has long legs and needs to be driven, it's not happy puttering around town."
Check: Drive it in traffic on a warm day, not just a cold-start blip. Look for a second oil cooler, remote oil filter, transaxle cooler, brake cooling ducts and twin radiator fans. Confirm the A/C actually blows cold under load with a gauge on it, and check refrigerant type (R12 cars exist in this pool).
Roush 427–Powered Superformance GT40 Mk I: "A/C leak repaired December 2023, though the system does not blow cold" — the buyer inherits it. On No Reserve: Roush 427IR-Powered Superformance GT40 Mk I the seller first said the switch "does not turn air cold," then said he could not confirm the compressor, then claimed it was "ice cold." On 289-Powered ERA GT Mark I the A/C was uncharged with a suspected bad Sanden seal, and three cans of R12 were thrown in with the car. On 302-Powered ERA GT Mk I the A/C was omitted from the listing entirely until commenters spotted the lines, and Suicide55's question "does it work?" was never answered.
Check: Insist on video of the vent temperature after ten minutes of idling. Check compressor type (Sanden units in the ERA cars repeatedly leak) and whether the system is R12 or R134a.
302-Powered ERA GT Mk I ran BFGoodrich Euro T/As dated June 1997 and January 1999. Commenter Era428 described losing control of a near-identical ERA on the same tire model: "I was in complete control, then I wasn't... a change to new, better tires will transform the performance of this car and of course make it much safer." 275GTB, Panteralee, wawrecker and veek all piled on. One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica had rear tires dated September 2005. Roush 427–Powered Superformance GT40 Mk I Roadster had 2012-dated tires at a 2025 sale, and Race Car Replicas GT40 Mk1 was on 2013 Avons.
Check: Read the DOT date codes yourself off all four tires plus the spare. Budget $2,000-3,000 for replacement and note that some period sizes (BFG Euro T/A) are discontinued.
No Reserve: Roush 427–Powered Superformance GT40 Mk I had scuffing through the PPF and into the orange paint on both sides of the front bumper underside, visible only on a lift. racedeck, another SPF owner, was blunt: "The car sits very low, so for those who will actually drive it, you will scrape from time to time." Godzilla-Powered Superformance GT40 Mk I had nose scrapes repaired by Superformance in April 2025 after the gallery photos were shot. 289-Powered ERA GT Mark I and 5.2L Aluminator–Powered Superlite GT-R both disclose splitter/nose scrapes.
Check: Put it on a lift and photograph the underside of the nose and splitter. Ask whether a hydraulic/pneumatic front-axle lift is fitted; if not, budget roughly $3,000 per GulfGT40's estimate.
On Roush 427–Powered Superformance GT40 Mk I the listing claimed a ZF five-speed; Love-horsepower, Joules5 and christophernkennedy all identified it as a Quaife QBE62G and the seller never corrected it. FordGuy01 did the same on No Reserve: Roush 427IR-Powered Superformance GT40 Mk I: "Enlarge pic #50 and you can see the Q logo on the end plate." 302-Powered ERA GT Mk I was listed as a six-speed and turned out to be a ZF 25-2, with Bmarcum repeatedly demanding tag photos before the seller produced one late. Most seriously, the seller of One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica disclosed that the 901's fifth gear sits on a weak overhung shaft and that the car is driven as a four-speed to avoid loading first gear — a workaround, not a fix.
Check: Photograph the transaxle tag and match it to the claim. Quaife QBE62G is the desirable modern unit; a true ZF 25-2 is fine to ~475hp per the Pantera community; Porsche 901/914 units are marginal behind a V8; Renault 396 is rated 350-400hp.
GT Developments GTD40 was disclosed with a cracked rear window and "areas of delamination around windshield." One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica had "spider cracks in hood finish, paint wear near wheel well edges." On Race Car Replicas RCR40 Mk I, iamrobertm found a B-pillar paint blemish and driver's-window plexiglass scratches. Worst case is 302-Powered Ardern Cars Active Power GT at 6 miles: LS3Frank found a hairline crack in the driver-side wheel well that the seller first said was fixed then admitted "it's still cracked," plus bondo on the passenger skirt and, per AmericanMuscles, a frunk "sticking up about an inch" — seller graded his own fitment "8 out of 10."
Check: Inspect gelcoat around wheel arches, hood, B-pillars and clamshell edges in raking light. Check windshield perimeter for delamination (moisture path) and press-test panel latches. Verify decals versus paint for stripes and roundels.
Godzilla-Powered Superformance GT40 Mk I: $385,000 claimed investment, RNM at $247,777. christophernkennedy: "This is a strange result—$385K invested, just a little over 100 miles, and apparently 'really close' to selling at $248K?" Roush 427IR-Powered Superformance GT40 Mk I: described by the seller as a $330,000 build, stalled at $190,000, negotiated at $200,000 — a 39% shortfall. 5.2L Aluminator–Powered Superlite GT-R: $152,000 documented spreadsheet, RNM at $116,111. 302-Powered Ardern Cars Active Power GT: RNM at $67,500, which jlwdvm called "WAY below the price of the kit and parts to put this car together." Even the top of the market retraces: 496-Powered Superformance GT40 MKII 50th Anniversary Edition sold $386,000 in February 2024 and $308,500 in June 2025 — 20% in sixteen months.
Check: Ignore the build spreadsheet. Price off the comparable table by builder tier, then subtract for the specific defects. Ask what the seller's reserve is before you spend money on an inspection.
On Roush 427IR-Powered Superformance GT40 Mk I, rmoses asked twice for the "HP rating and spec sheet from Roush" and got nothing. On Race Car Replicas RCR40 Mk I, builder 1889 appeared to say "It was originally built with a 302 based engine. I'm curious when the engine was replaced?" — the current 351 was a substitution after an intake ordering error, and the seller's 410-450hp figure is a guess. Godzilla-Powered Superformance GT40 Mk I was never dynoed as assembled: "we preferred not to stress our brand new $50k engine with a dyno." Even the $325,000 Fuel-Injected, Shelby 496 FE-Powered Superformance GT40 Mk I had its seller calling the engine a 427 until NewEnglandCobras corrected him: "This is not a 427ci engine... bored and stroked to 496ci."
Check: Demand the engine builder's invoice and dyno sheet, and match the engine serial to the paperwork. Confirm whether it is a Windsor or an FE, and the actual displacement.
Race Car Replicas GT40 Mk1 was "designed for 5'8" driver; taller drivers would require seat repositioning or Gurney Bubble modification." The seller of One-Owner, Oldsmobile V8–Powered Tornado Sports Cars GT40 Replica (5'11", 180lb) said a 6'2" occupant would be tight. 5.2L Aluminator–Powered Superlite GT-R also carries a seller-noted height restriction. On No Reserve: Roush 427–Powered Superformance GT40 Mk I, oldxotix warned: "These are serious performance machines, and are pretty much devoid of any safety features... you will likely exceed your driving skills before you reach the limits of the car."
Check: Sit in it before bidding. Confirm whether a Gurney bubble roof panel is fitted (driver's side), whether the pedal box is adjustable, and what the seat rails allow.
On Roush 427IR-Powered Superformance GT40 Mk I, pjr273 wrote: "someone drilled into the body to add canards and a splitter. I have so many questions…" and got no reply. fitfan observed "the wheel arches / cut out look all wrong? (cut out much bigger and have a lip?)" — also unanswered. DaveSC, a Superformance owner since 2011 with 24,000 miles, confirmed "The canards and front splitter were installed after the car arrived in the U.S." and added the caution that matters: "These are great cars to own but they require some detailed knowledge to maintain them properly."
Check: Compare the car to the original builder's spec sheet. Look behind splitters and canards for through-body fasteners and evidence of arch cutting.
On 1981 Safir GT40 Mk V Roadster, Legendcobra worked through the photos and flagged corrosion that had "rounded the squared edge of folded and spot-welded chassis" (picture 90), an apparently enlarged floor drain hole (picture 106) and a possibly bent monocoque (picture 107), concluding "This car looks like many years of careless floor jack use. Those bulkheads look bent." The seller dismissed these as surface issues and never addressed picture 107. Reserve not met at $300,000.
Check: On any steel-monocoque Safir or early continuation, inspect the rear bulkhead, floor drains and sill folds for corrosion and distortion. Get it on a lift with a specialist.
On No Reserve: Roush 427–Powered Superformance GT40 Mk I, ViperNC referenced that Superformance had ceased operations. This is a single unverified comment, not a confirmed fact, but it is material to the brand premium described above and worth independently confirming before you pay $250,000+ for the badge.
Check: Confirm parts and service availability for chassis-specific components before paying a Superformance premium; identify which authorised builder (Olthoff, V's Performance, Jo's Garage, Airpark) can support your car.
Driver-grade, $85,000–$130,000: a sorted 1980s-90s British or US kit-based car — GT Developments GTD40 territory at $96,500, a Race Car Replicas RCR40 Mk I at $107,000, an ERA at $130,000. Expect to spend $5,000–$15,000 immediately on tires, fluids, A/C and cooling. Below about $80,000 you are into owner-engineered specials (the $77,000 Tornado) where the documentation and the builder's reputation are the whole asset; below $20,000 you are buying 1960s-70s Fiberfab-class kits that are parts cars.
Strong, $150,000–$230,000: the best ERAs with real provenance ($157,000 for 289-Powered ERA GT Mark I) or an entry-level Superformance Mk I with Roush 427 power ($200,000–$229,000). This is the sweet spot of the market and where the 75th percentile sits at $228,000. At this level insist on a dyno sheet, a working A/C, current-date tires and a title you can register.
Best-in-class, $270,000–$330,000: a low-mileage Superformance with a Shelby FE big block, front-axle lift, EFI, correct 15-inch knock-offs and a live, engaged seller — $270,000 for the no-reserve Gulf Roush car, $308,500 for the 50th Anniversary MkII, $325,000 for the 496 FE. Above roughly $330,000 the record is thin and unkind: only one sale in 84 has ever exceeded it ($386,000, February 2024) and that same car resold 20% lower.
A sanctioned Safir Mk V continuation is a different asset class and, on the one data point available, could not find $300,000 with chassis questions hanging over it.

Top of the entire deep sample and 132% above the all-time $140,000 median. A genuinely rare combination — Shelby American 496ci FE in a Mk I body, 626hp dyno-verified, chassis-matching CSX engine number, Borla 8-stack, front lift, A/C, 24 miles, documented ~$300k of invoices. Bidding was competitive to the end (Texshooter vs LVT5015 from $280k) even though the seller never produced the promised running video and had misdescribed the engine as a 427 until NewEnglandCobras corrected him. This is what best-in-class currently costs, not a repeatable number for an ordinary Superformance.

A high absolute price that is simultaneously the clearest evidence of softness at the top: the same car sold for $386,000 in February 2024 — a 20% loss in sixteen months. One of 20 built, Shelby FE 496, 111 miles. Its rear frame was repaired and support struts fabricated during a June 2024 clutch service, which the seller only explained after BloodyHell pressed.

Failed on BaT in August 2025 with a reserve, then made $270,000 with a new consignor and no reserve. Same basic car as the $200k and $229k Roush cars, but with a responsive seller, full service records and Gulf livery. AmericanMuscles' verdict — "Pretty much at the roller price with shipping and taxes still…" — is the market telling you labour is free.

The bargain of the sample and possibly a record low for a Superformance GT40 (christophernkennedy raised exactly that question, and TheGuesser noted "You'd probably see this listed on a dealer's lot for well over $200k"). Roush 427R with Hilborn ITB EFI, A/C, well-documented, well-driven — but the non-original roadster conversion cost it roughly $70-90k against coupe comps. Deano: "the non-conventional roadster element on this one kept the price down."

Sold $37,000 below what a sister RCR failed to make six months earlier (Race Car Replicas GT40 Mk1, RNM at $144,000). Aluminium monocoque, Porsche G50, 351 ITB, builder present in the thread, five-year single ownership. Commenters called it a "deal of a lifetime" and iamrobertm publicly regretted missing it. The seller set a reserve "dramatically lower than the last" RCR — and got a sale.

A remarkable result for a 1998 owner-built kit on an Oldsmobile 266ci and a Porsche 901 transaxle, titled as a 1961 Oldsmobile. It cleared $77,000 purely on documentation and builder credibility — build journal, receipts, hand-written notes, a spare-parts hoard including two running engines, plus TSheedy's first-hand account of a three-hour mountain drive at 100mph+ where "the GT ran flawlessly." Proof that transparency is worth real money at the bottom of the market.

The floor of the entire dataset ($2,500 is the all-time low). A non-running VW-floorpan Fiberfab with a missing ignition key, deteriorated interior and underside rust, sold with the seller saying "Don't know if it drives though… that's your problem." bugnbox noted the genuine Porsche 356 1.6 engine alone "is worth probably double the bid price" — it sold as a parts car, which is what these are.

The most expensive failure in the sample. A sanctioned Safir continuation, chassis number 1, original-owner Peter Thorp provenance, literature-documented — and still unsold at $300,000 after Legendcobra worked through the photographs and identified probable rear bulkhead corrosion, an enlarged floor drain, and a possibly bent monocoque that the seller never addressed. Continuation provenance does not survive chassis doubt.

Reserve not met at $247,777 on a claimed $385,000, 1,000-labour-hour, SEMA/PRI show build — the sharpest illustration that this market will not pay for uniqueness or for labour. No dyno on the assembled engine, 125 miles, one-of-one engineering with no reliability precedent. sliproc's read was that it showed "how soft the market is right now rather than the car itself"; the more likely reading is that buyers will not underwrite an unproven one-off.
These are patterns, not findings. A public auction record cannot show intent, and everything below has ordinary explanations — specialists and dealers bid on many cars of one model, enthusiasts run up cars they end up losing, and new accounts are usually just new. Read them as places to look closely, not as accusations.
notice Price set by two accounts trading bids — 60% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.
watch Closing bids came almost entirely from accounts with no posting history — 11 of 13 bids in the final 15 minutes (85%) came from accounts with under 25 lifetime likes (carbuyer01, ccashatt, MTAP). The typical auction for this model runs 33%, so this one is an outlier. Note the measure is weak — likes come from commenting, so a long-time bidder who never posts also scores zero.
watch Underbidder placed much of the ladder — Oldster2025 placed 7 of 15 bids (47%) and did not win. Enthusiastic losing bidders are common; a very high share is still worth reading the thread for.
watch Closing bids came almost entirely from accounts with no posting history — 6 of 6 bids in the final 15 minutes (100%) came from accounts with under 25 lifetime likes (Oldster2025, CC_AutoUSA). The typical auction for this model runs 33%, so this one is an outlier. Note the measure is weak — likes come from commenting, so a long-time bidder who never posts also scores zero.
notice Price set by two accounts trading bids — 85% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.



















