DMC 40th Anniversary Collection | Vin: SCEDT26T2BD004705

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06-25-2021, 07:13 PM
14E10F

DMC 40th Anniversary Collection | Vin: SCEDT26T2BD004705

This year marks DeLorean's 40th anniversary and to celebrate, DeLorean Motor Company has partnered with acclaimed street artist, MADSTEEZ, to create a revolutionary NFT series of 40 unique DeLorean 1-of-1 NFTs. The collection tells the history of the car via animated 3D NFTs, highlighting notable years with accompanying one-of-a-kind physical items including an original (1981) DMC-12 fully restored by the DeLorean Motor Company.

CLICK HERE FOR LISTING

Photos of the Vehicle

Car Details:
- VIN #: SCEDT26T2BD004705
- October '81 build
- 28,000 Miles
- Fully Restored
- 40th Anniversary Steel plaque
- New Crate engine with zero miles
- All Major updates completed
- Restoration Details:

This car was evaluated by the DMC team who made the following repairs to bring it to a fully-restored, and ready-to-drive standard.
- Complete hose kit and radiator replaced.
- Integrated Fuel pump upgrade and fuel lines
- A/C service completed
- Repainted Front and Rear Fascia
- Relay update kit installed
- All new door seals
- New Window motors
- Refurbished entire brake system
- Re-grained Stainless
- Machined Finished wheels
- New tires
- Updated Transmission shift governor

This NFT comes with a fully restored DMC-12 with original parts from the 1980’s. The highest bidder of this 1-of-1 will be the only person in the world to have purchased a DeLorean, or any vehicle, via an NFT.

The collection includes 3 special edition NFTs with incredible physical utilities:

The Special Edition: 1-of-1 DeLorean 40th Anniversary Montage NFT that comes with an original DeLorean fully restored by the DeLorean Motor Company.

The Special Edition: DeLorean ‘The Start of it All’ (1981) NFT will come with a spot on the DeLorean wait list for the hotly rumored but not confirmed, impossibly possible DeLorean redux.

The Special Edition: DeLorean 1-of-1 'An Electrifying Future’ (2021) NFT is a unique work of art that is limited to just 1 edition and comes with a one-of-a-kind physical DeLorean x Super 73-S2 motorbike.
06-25-2021, 07:26 PM
Helirich

WTF is a NFT?
06-25-2021, 07:43 PM
14E10F

Quote:

Originally Posted by Helirich

WTF is a NFT?

Looks like DMC's way of uniquely selling some limited items (including the '81 DMC-12) via an auction using cryptocurrency (ETH).

Auction is happening at https://opensea.io/DeLoreanMotorCompany
06-25-2021, 07:55 PM
Michael

I wonder if an admin were to research that user name if he would find another SonnyV type ip address? Just thinking out loud. New user and the first thing he does is post this.
06-25-2021, 07:57 PM
Ron

Quote:

Originally Posted by 14E10F

Looks like DMC's way of uniquely selling some limited items (including the '81 DMC-12) via an auction using cryptocurrency (ETH).

Auction is happening at https://opensea.io/DeLoreanMotorCompany

And you are connected to the Delorean being auctioned how?
06-25-2021, 08:16 PM
14E10F

Quote:

Originally Posted by Ron

And you are connected to the Delorean being auctioned how?

No I am just an NFT collector doing some research on DeLorean and bringing awareness to the drop.

I am currently bidding on a few listings and want to make sure this resonates with a core audience as this would be an investment for me.
06-25-2021, 08:35 PM
Ron

You must of missed the Sticky titled "*** SECTION RULES *** Please READ BEFORE POSTING ***".
Easy fix -- I've moved your thread to the Open section.
06-26-2021, 01:20 AM
mark w

Quote:

Originally Posted by Helirich

WTF is a NFT?

maybe this would help....I had the same question.

https://www.cnn.com/2021/03/17/busin...ies/index.html
06-26-2021, 11:56 AM
DMCMW Dave

I got the original announcement on this and had the same question. A link to some explanation of NFT would have been a good idea. I'm not at all convinced of any long term investment value but you never know. As the saying goes, just my opinion, I could be wrong.

The funny thing to me was that the title in the original DMCH announcement email had a typo: "DeLorean 40th Anniversary NTFs Released!" To me "NTF" is mechanic-speak for "No Trouble Found" when attempting to diagnose a customer complaint that you can't replicate.
06-26-2021, 12:36 PM
Helirich

Quote:

Originally Posted by mark w

maybe this would help....I had the same question.

https://www.cnn.com/2021/03/17/busin...ies/index.html

Quote:

Originally Posted by DMCMW Dave

I got the original announcement on this and had the same question. A link to some explanation of NFT would have been a good idea. I'm not at all convinced of any long term investment value but you never know. As the saying goes, just my opinion, I could be wrong.

The funny thing to me was that the title in the original DMCH announcement email had a typo: "DeLorean 40th Anniversary NTFs Released!" To me "NTF" is mechanic-speak for "No Trouble Found" when attempting to diagnose a customer complaint that you can't replicate.

In the aviation industry (and others) we use to mark a bad component with NFG. (Last letter stands for good) That was the first thing I thought of.
06-26-2021, 04:03 PM
Michael

Quote:

In addition, the DeLorean ‘The Start of it All’ (1981) NFT will come with a spot on the DeLorean waiting list for the hotly rumored but not confirmed, impossibly possible DeLorean redux.

Sounds like I'm buying a spot in line to possibly buy a car that will most likely never be made.

If you guys were to ever sack up and actually make what you have been teasing for the past decade, I seriously doubt I will need a "spot in line" to buy one as you would rip the arm off anyone with a check in their hand that comes within 20' of you.
06-26-2021, 05:05 PM
powerline84

Quote:

Originally Posted by Michael

Sounds like I'm buying a spot in line to possibly buy a car that will most likely never be made.

If you guys were to ever sack up and actually make what you have been teasing for the past decade, I seriously doubt I will need a "spot in line" to buy one as you would rip the arm off anyone with a check in their hand that comes within 20' of you.

What he said ^^^ it's laughable. Nft give me a break. You can keep it. The marketing skeems at this point are just sad
06-27-2021, 12:31 PM
Michael

Quote:

Originally Posted by 14E10F

I am currently bidding on a few listings and want to make sure this resonates with a core audience as this would be an investment for me.

Sounds like an odd decision. If I were bidding on an item, the LAST thing I would do is try to attract more bidders to outbid me.
06-27-2021, 12:42 PM
Helirich

Quote:

Originally Posted by powerline84

What he said ^^^ it's laughable. Nft give me a break. You can keep it. The marketing skeems at this point are just sad

This!
So I goggled NFT. Sounds like a way for some people to get rich at the expense of others. I suppose that is always the case, but this is just more shady.
06-27-2021, 01:03 PM
Michael

I guess we will see when the auctions end later tonight. Not one has made reserve however I suspect the shill bids made by the OP are just shy of that number.
06-29-2021, 10:46 AM
Michael

Looks like DMC didn't like the numbers and decided to push the auction end another day. Is it really an auction with an adjustable deadline?

From what I can see, there are only a handful of bidders with most NFT's not selling and the few that sell going to an even smaller number of winners (like 3 or 4 people).

The big dog DeLorean physical car has not met reserve BUT here is my honest question.

With crypto prices as volatile as they are, what happens if Ethereum gains say 35-40% from the time the bid has been placed to the end of the auction? Will the bidder have any recourse in the effect that the $50k bid he placed 3 days ago is now valued at $70k and maybe he doesn't want to pay 70k? What about the reserve? Is it in dollars or Ethereum? If it's the latter, what happens if the bottom falls out of crypto market and the reserve was met at say 25 Ethereum tokens and the day of the auction ending Ethereum is worth not $2k per token but 700 bucks per token. Will DMC honor their auction parameters and sell a delorean well well below their bottom dollar?

Also...if I place a bid in good faith knowing an end date and time for an auction...am I still obligated to honor that bid if the seller keeps pushing back the end time till the crypto value rises to his liking? From what little I understand, the money, once sent goes into a escrow type hold. What escrow? Who decides any disputes?
06-30-2021, 11:24 AM
iflights

Anyone know what happened with the auction? What price it landed at?

Odd that the site doesn't appear to display these.
06-30-2021, 01:22 PM
Michael

Quote:

Originally Posted by iflights

Anyone know what happened with the auction? What price it landed at?

Odd that the site doesn't appear to display these.

As far as I can tell it didn't meet reserve despite the shill bidders best efforts.
06-30-2021, 02:40 PM
iflights

Quote:

Originally Posted by Michael

As far as I can tell it didn't meet reserve despite the shill bidders best efforts.

Thanks Michael.