Final bid $40,200. Reserve not met. I don't know what's worse. The fact that someone set the reserve so high for something like this, or that there were people actually bidding that much money for it!
I would guess that the original intent was for a private sale between two collectors but then nobody knows what it is really worth. So to determine the value let the free market (eBay) decide.
My experience is that a no reserve auction would have brought more bidding as most bidders give up when the reserve is not met at such a high bid. So I wonder what bidding would go to with no reserve.
Guy I work with is into Hot Wheels and his aunt gave him the 1st set of REDLINES in the store display when he was 4 in 1968
He told me that it was valued over 20k a few years ago.
I bought his 1969 Cougar and he told me he went out and bought hot wheels and had to put some money with it for a set to replace what he had when he was 4.
We value our cars, many collect Red Line Hot Wheels and new mint in blister pack can be worth TO THEM thousands of dollars and our cars mean nothing to them
So if 5 people have bid and it is over 30k it might be the market value