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1958 Porsche Previously Owned by Robert Downey, Jr. Sells for $100,002 At BidZ.com.


Entertainment Editors

LOS ANGELES--(ENTERTAINMENT WIRE)--June 18, 2001

A 1958 Porsche Speedster speed·ster  
n.
1. One who drives very fast.

2. A fast car.
, previously owned by Robert Downey, Jr., sold for $100,002 at www.bidz.com.

A resident of Colorado, using an on-line handle of "alan_pea pea, hardy, annual, climbing leguminous plant (Pisum sativum) of the family Leguminosae (pulse family), grown for food by humans at least since the early Bronze Age; no longer known in the wild form. ", placed the winning bid of $100,002. The on-line auction ended at 3 p.m. Eastern time on Saturday, June 16.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 BidZ.com, there were 62 bids placed on the car, and a record 12,145 page views. Bidding for the car started at $1 on June 6 and lasted 10 days.

BidZ.com is one of the top three on-line auction sites with some 3.7 million unique users. David Zinberg, founder and president of BidZ.com notes the site is a true auction and not a retail operation hidden as an auction site. He points to the fact that many auction sites are in reality retail e-commerce sites where bidding either starts at such a high point that the average person is prohibited pro·hib·it  
tr.v. pro·hib·it·ed, pro·hib·it·ing, pro·hib·its
1. To forbid by authority: Smoking is prohibited in most theaters. See Synonyms at forbid.

2.
 from participating, or where there is a reserve price for which minimum bids must be met or the item is not sold. BidZ.com terms itself "home of the $1 no reserve auction."

In addition to the Porsche and other cars, BidZ.com is known for its selection of fine jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion.

The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring.
 that retails for thousands of dollars. Winning bids for these items normally are in the hundreds of dollars, representing huge savings to the on-line bidders.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 18, 2001
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