The Balocco seller offered to sell to me for $10.5K before AND after the auction, so something is wrong - maybe the $12.5K buyer backed out, or was a shill bidder.
Also there is something wrong with the miles - the seller is a dealer first of all. He could not come up with a reason for why the car would have only 25K miles and yet already have needed new leather seats. He said that "Italian leather is very bad and disentegrates quickly" - NONSENSE but claimed that the car had "never been parked in the sun."
Well, if it had never been parked in the sun, why is there a cover on the dash - must be cracked apart. My GTV6 that I just sold for $8K had in fact never been parked in the sun, had 102K miles, and the original leather and dashboard in perfect condition with no cracks. See here:
http://members.cox.net/cryellow/alfa
When I asked if the pedals showed only 25K miles of wear, the Balocco seller got quiet and did not respond.
You can notice something on the Balocca: non original valve cover. The Balocca cover is smooth, original has lined. I think they had to re-work the engine, maybe a valve job. Maybe they are counting the miles from the valve job, but more likely just rollback (fraud). Or at the very least the odo was turned off for a long period of time.