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Duesenberg Fantasy Bidding
- Greg Riley
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- Chris Summers
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John O'Quinn bought the Last Duesenberg. Goodbye, Bow, New Hampshire; hello, Houston warehouse! (The museum opens in three years, or so he says.)
today.reuters.com/news/articlene ... ml&src=rss
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- Chris Summers
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Your father has good taste, it's a beautiful car.
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- Justin Kerns
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Justin
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1932 Auburn 12-160A Sedan
1933 Auburn 12-161A Sedan
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- Chris Summers
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- Jonathan Richards
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When viewing the Gallery Blog posted by Balinwire I note that the
final SOLD display on stage when this car sold Friday in Arizona read
$2,550,000. Perhaps the sale figure given me by an RM Auctions per-
son Friday evening @ $2.75 million included buyer/seller premiums.
In any event it was a lot of money and it looks like Mike Dube of OH
was only $50K short of the actual closing bid. Great Fantasy Bidding!!
Does anyone know the J Number of the Derham Arlington sold at
B/J Scottsdale last evening? Jonathan Richards
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- Duesey
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Bill Hummel wrote: If it were parked in a grocery store parking lot, no one would steal it ... This whole game is like Musical Chairs. You don't want to be holding the car when the music stops....
Very true. Right now it seems like the market it too saturated with speculators, not end users. I'm sure we'll see a collapse soon.
In other news, I just watched on Speed Channel the 1930 Duesenberg J Derham sedan get auctioned off. Just before it, a Cobra went for $800K, then the the Duesenberg went up. Unlike the boring muscle cars, bidding was nearly dead. They had to pause and rally the crowd at only $325K and again at $450K. Bidding eventually picked up, and the car sold for $600,000. Not bad, but nothing to write home about (then again, the body was not the most exciting).
Just after the J sold, a 1969 Camaro ZL-1 came up and sold for $750K.
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- Chris Summers
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Greg Riley wrote: I wouldn't be surprised to find that the new owner is a certain attorney from Houston
"Wouldn't be surprised?" I'd be downright shocked if he left THIS one slip through his fingers.
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- Bill Hummel
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Duesey wrote: As for the Hemi Cuda droptop, it sold for $2.2 million before commissions, so overall it was $2.44 million. Kind of sick that a boring muscle car that only differentiates itself from any other Hemi Cuda Convertible by the numbers stamped on the body plate.
If it were parked in a grocery store parking lot, no one would steal it ... This whole game is like Musical Chairs. You don't want to be holding the car when the music stops....
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- Greg Riley
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- balinwire
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www.autoblog.com/gallery/1937-ba ... rg/140004/
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- ilikescars
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Mark (Yeah, I'm a boomer too)
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- Duesey
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As for the Hemi Cuda droptop, it sold for $2.2 million before commissions, so overall it was $2.44 million. Kind of sick that a boring muscle car that only differentiates itself from any other Hemi Cuda Convertible by the numbers stamped on the body plate brings almost as much money as the last Duesenberg but that is what the market has decided, I guess.
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- Chris Summers
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Cars I'd like to see at the Museum: this car, the Twenty Grand, J-508 (the all-original Weymann Fishtail Speedster that used to be in Harrah's), the Father Divine Throne Car, Gary Cooper's Tourster, Clark Gable's Bohman & Schwartz JN, and both SSJs.
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- Mike Dube
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I agree, are you going to be the benefactor?
Mike
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- Chris Summers
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...perhaps the "bargain price" was because there really isn't much you can do with J-397. The tires are original from 1940, so you're taking your life in your hands every time you take it out on the road, that is if the insurance company would let you. And it's been at every major show known to man, including Pebble Beach at least once or twice.
So for $2.75 million you get a great car that's been shown everywhere and can't be driven. Which means what you CAN do with it is put it in your garage and stare, drooling, into its chromed eyes. Which isn't a bad thing, either!
P.S. What do I think would be the best home for this car? The ACD Museum, of course!
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- Chris Summers
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Thanks to Mr. Richards for his usual punctuality.
Just for comparison's sake: Lee and Joan Herrington, who consigned the car to RM, paid $1,267,500 for it at Christie's in 1998.
It breaks the Duesy road car record set by J-168 at Gooding & Company's Otis Chandler auction last October at $2.64 million. (Overall Duesy record is still $4 million set by Mormon Meteor, to the best of my knowledge.)
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- Jonathan Richards
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I have this evening spoken with a representative of R. M. Auctions by
cell phone out of their AZ sale location and am advised that the above
captioned Duesenberg, originally ordered and owned by famed artist
Rudolf Bauer, has been sold at auction today for $2.75 million dollars.
A bargain at twice that amount, in my judgement. Jonathan Richards
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- Mike Dube
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While I certainly can't fault the car's styling, if I had my druthers, I prefer the Alan Leamy nose.
Mike
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- Chris Summers
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1930 Jordan wrote: I thought it was white or cream at one time.
The car is represented as having its original paint (and original everything else, for that matter).
The RM catalog leaves out one interesting tidbit: "Presidents on Wheels," by Herbert Ridgeway Collins, mentions that Harry S Truman rode in a 1940 Duesenberg owned by Pettit of Natural Bridge, VA at a Democratic mock convention kick-off parade in the 1950s. He inspected it closely and was very impressed!
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- 1930 Jordan
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1930 Jordan"G" line 90,1953 Plymouth,1951 Chrysler Saratoga,1975 Dart,1974 Schwinn Collgate,1978 Schwinn Continental,1971 Honda 500"4",1973 Honda 350"twin",1975 Honda 500"twin",1955 Norton,1988 Honda Shadow custom,05 crossfire roadster.
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- balinwire
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www.rmauctions.com/CarDetails.cf ... CarID=r128
To see Bauers work click this link below,
www.weinstein.com/bauer/rudolf-bauer.html
Interesting connection with another owner-
1943 Through Rebay, Frank Lloyd Wright is commissioned to design a museum as a permanent home for the Guggenheim collection. This decision infuriates Bauer who had been led to believe the architect would be a German, perhaps a former Bauhaus instructor, several of whom are living in the United States.
www.weinstein.com/bauer/cv_bauer.html
www.weinstein.com/bauer/about_bauer.html
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- Bill Hummel
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Of course, the auctions down in Arizona are in a whole nuther league ...
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- Mike Dube
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The Mormon Meteor is really in a class all its own. It is true that the Bauer car is very signifcant, but most Duesenberg afficionados I know prefer the traditional nose. My guesstimate is 2.5mil.
Mike
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- Chris Summers
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1930 Jordan wrote: It is kind of messed up with the pricing right now. I think.
Can't disagree with you there.
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- 1930 Jordan
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1930 Jordan"G" line 90,1953 Plymouth,1951 Chrysler Saratoga,1975 Dart,1974 Schwinn Collgate,1978 Schwinn Continental,1971 Honda 500"4",1973 Honda 350"twin",1975 Honda 500"twin",1955 Norton,1988 Honda Shadow custom,05 crossfire roadster.
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- Chris Summers
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Anybody want to venture a guess on what the "Last Duesenberg" will sell for at RM's Arizona sale? My bet is $4 million, the same as the "Mormon Meteor." Equally good looks, equally good story, supercharged, similar condition.
This is an uneducated guess, of course.
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