Duesenberg Fantasy Bidding

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21 Jan 2007 09:20 #6263 by Duesey
Duesey replied the topic:

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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  • Jonathan Richards
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21 Jan 2007 14:42 #6264 by Jonathan Richards
Jonathan Richards replied the topic: Duesenberg Fantasy Bidding / Bauer Rollson Cabriolet SJ-397/
CORRECTION :
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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  • Chris Summers
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21 Jan 2007 16:04 #6265 by Chris Summers
Chris Summers replied the topic:
The car is J-232/2261, according to my old Blackhawk Exposition catalog. The last I heard of it (before its appearance at Barrett-Jackson) it was owned by Tom Crook and Randy Small of Washington State. Crook also had J-189, which was for sale recently online.

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21 Jan 2007 19:47 #6269 by Justin Kerns
Justin Kerns replied the topic:
Does Tom Crook still own J-189? It seems a little strange that it is being brokered by an outfit out of Indiana when he seems to be perfectly capable of selling cars by himself. I'm actually very curious about this car as my father likes it very much and is looking for a closed J to tour.

Justin

Justin
1932 Auburn 12-160A Sedan

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21 Jan 2007 19:52 #6270 by Chris Summers
Chris Summers replied the topic:
I don't know if he still owns it or not--like I said, "the last I heard" he had it. It may have changed hands two or three times since for all I know.

Your father has good taste, it's a beautiful car.

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22 Jan 2007 04:25 #6272 by Chris Summers
Chris Summers replied the topic:
IT'S OFFICIAL...

John O'Quinn bought the Last Duesenberg. Goodbye, Bow, New Hampshire; hello, Houston warehouse! (The museum opens in three years, or so he says.)

http://today.reuters.com/news/articlene ... ml&src=rss

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