Earlier quoted context omitted.
Auctions by default almost always undercut the actual market value so no not really?
My answer was a bit tongue-in-cheek, but the reality is that it depends on what you mean by "market value." For the market of the auction, the selling price is the actual market value. Likewise, it's typically not too far off the value of the item in the wider market, assuming you are comparing it to a similar item in similar condition. The problem is that for most items purchased at auction, there's no similar item,…
Cars are very liquid and move quickly, so the now vs later price is close; weird things that nobody has heard of (but when they need it, they need it NOW) will have a much wider variance.