Update: I made it over to the auction. The car sold for $7,900 out the door ($6,200 bid + fees). I'd have probably taken a few swings had it been under 5k out the door.
It did look to me like some area(s) might have been repainted (paint residue on the grill work). That said, it was a nice car. The seats were in excellent shape. Dash nice. Had what looked to be the original radio). A third brake light had been fitted in the rear. Sounded good idling.
It's probably a good thing it went over what I'd pay. I already have too many cars.
There are a lot of dealers/car flippers there. I've bought a few vehicles from the auction, and I have seen a fair amount of what they sell end up on Craigslist or eBay. Interesting enough, I have seen flippers overpay for some of the older rides in that I see them fail to sell on eBay/Craigslist for the margin they hoped.
Interestingly enough, my Valiant came from this auction, only I didn't buy it there. I was there when it was being auctioned, threw down a few bids, then decided it was going higher than I wanted and stopped. The following week i kept thinking about it as I loved the body style/color, and I regretted not going higher. So, I started looking for Valiants on Craigslist. And, lo and behold, a month or so later there it is! I didn't recognize the sellers as the person who won the auction. At any rate, I ended up buying it for a few hundred less than what it sold for at the auction. I happily drove it home 124 miles (actually those photos above are from that trip).
As to the LTD, I think the dude who bought it did so for himself. I can't imagine it's worth more than that. Nevertheless, it'll be interesting to see if it pops up for sale.