Why Kate Middleton’s Pre-Royal Car Won’t Sell!

I actually thought everything Kate Middleton touches turns to gold...guess I was wrong..yeah!... Just most things, but certainly not her Pre-Royal Car.
Earlier this month, an opportunistic enterprising young Brit decided to put the duchess' pre-royal wheels—a 2001 VW Golf in, naturally, royal blue—up for auction, with a starting bid of just under $33,000.

Fanatics had a whopping 10 days in which to outbid each other for this piece of historical monarch memorabilia. So, while visions of dollar pound signs undoubtedly danced in the auctioner's head, in the end, just how much did the car go for?

Um…it didn't.

Despite being on the auction block for 10 days, and amassing a none too shabby 23 bids from five different bidders on eBay's U.K. site, the car failed to sell.

That's because the reserve amount placed on the item by the seller was not met by the bidders. Which begs the question, just how much was he expecting, anyway?! As it happens, the highest bid came in at roughly $78,395. Bear in mind, the man selling the royal used ride purchased it from Kate's brother James Middleton back in 2009 for just $3,749.

While that profit margin seems more than tidy, it was apparently not acceptable to the seller (his reserve amount has not yet been made public, but prior to the sale, a U.K. auction house estimated that the car—royal pedigree and all—was worth somewhere in the ballpark of $48,000...sounds like someone royally screwed himself.