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Duesenberg

— Collectibles

14 "Million Dollar Cars" sell at six auctions in eight days

It's not all that long ago, that a car selling at auction for more than the magical million dollar mark would bring a round of applause, recognizing the significance of the sale. The continuing rise in values of top tier collectible cars has now seen more than 1300 cars fetch more than a million dollars, with hundreds more sold each year and 2015 set for a new record. Less than a month after Monterey Car Week saw more than 80 "Million Dollar Cars" sell, a further 14 cars topped the magic million dollar mark across six auctions in eight days. Despite some forebodings that the collectible car market had finally "topped out", it appears that predictions of its demise were somewhat premature.

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— Automotive Feature

Monterey Car Week Auctions: The cars that fetched more than a million

The Monterey Car Week auctions have come and gone, and the analysts are still trying to sort through the numbers to figure out what they mean. There were more auctions and more cars presented this year than ever before, and the two biggest collectible car auction houses (RM Sotheby's and Gooding & Co.) grew sales considerably year-on-year, but the overall gross take for the combined auctions comes in within a few dollars of last year's record numbers. Like all those who ply the trade as buyers or sellers, the market appears stronger at the top end and slightly softer in the middle.

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— Collectibles

Amelia Island auctions: 23 cars sell for $1 million or more and a Ferrari 400 Superamerica makes the top 100 of all-time

Countless make and model records were broken at all three of the Amelia Island Concours elite collectible car auctions on the weekend, with a 1960 Ferrari 400 Superamerica SWB Cabriolet fetching US$6,380,000 and becoming one of the top 100 cars ever sold at auction, 23 cars selling for more than a million (RM-Sothebys 13, Gooding seven and Bonhams three), and $101 million worth of cars sold in three days. Testimony to the buoyancy of the market were the sell-through rates – Bonhams 78 percent, Gooding 89 percent and RM-Sotheby's 98 percent. Read More
— Collectibles

Amelia Island Concours d'Elegance Auctions Preview

One of a handful of motoring events that attracts one of the most commercially-desirable audiences of high net worth individuals in the world, Gizmag looks at what to expect at the Amelia Island Concours d'Elegance and surrounding auctions. Buckminster Fuller's Dymaxion car, Marlene Dietrich's Rolls Royce, plus 37 cars we think are capable of achieving a million dollars or more when they cross the auction block. What's more, you can watch the auctions on the internet for free. Captivating entertainment for enthusiasts. Read More
— Automotive Feature

Pebble Beach Preview – records set to fall as the rare car market heats up

Once a year, the world's most monied automotive enthusiasts converge on California's Monterey Peninsula for a week-long festival of automotive celebration, culminating in the Pebble Beach Concours d'Elegance. This year, the accompanying rare car auctions look set to provide some major entertainment. We look at the main cars slated to cross the auctioneers block and the state of the collectible car market with analysis of the top 100 most valuable cars sold at auction. Read More

The world's best known Cord sells for US$2.42 million

When the Great Depression claimed E.L. Cord’s industrial empire, the Auburn, Cord and Duesenberg marques went with it. The Cord L-29 was perhaps one of the most distinctive cars ever produced, thanks to the extra long bonnet necessitated by the straight eight engine and front-wheel-drive system. Though cloaked in various bodies, the long low lines of the L-29 are unmistakeable. The world's best known Cord, winner of countless awards, fell under the auctioneers hammer yesterday, and sold for a record US$2.42 million. Great piccies. Read More
— Automotive

1930 Duesenberg Model J sells for $1.7 million

The excellence embodied by Duesenberg automobiles gave us the expression "It's a doozy"... and this one certainly is. The 1930 Duesenberg Model J Sport Berline sold for a touch over US$1.7 million at the 12th annual RM Auctions Automobiles of Amelia Island auction in Florida last weekend. A second 1932 Convertible Coupe Model J fetched $825,000 in an auction that saw four cars break the million dollar barrier. Read More
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