Welcome to Restoration-Mini!!
For $49 I'm tempted to list mine. Just for fun and to learn about it from all the experts. And hey if it sells for the reserve I'll find another.
The auction for the Canadian Mini is drying up - little interest for the last couple of days not since it became clear the seller was either a liar or stupid regarding not knowing the actual engine size and details about the car. They also messed up on listing the correct year the car is titled. It feels sloppy all around. I've got a feeling it will end up reserve not met and the seller just wants this auction to disappear as soon as possible.
That would be about the right price for that car. Won't go that high again if relisted there.