A 1929 Duesenberg Model J Convertible Coupe at $1,540,000 was high sale at RM Sotheby’s July 30 Motor City sale.
All told, the sale brought $6.4 million, with an 80-percent sell-through rate.
American Iron took four of the top five sale spots. Here’s the rest of the top five:
2006 Saleen S7, sold at $632,500
1933 Packard Twelve Coupe Roadster, sold at $365,000
1938 Packard Twelve Coupe Roadster, sold at $330,000
1934 Pierce-Arrow Read More
A well-loved — and familiar to many Duesenberg fans — 1929 Duesenberg Model J by Murphy will find a new owner at RM Sotheby’s July 30 Motor City Auction at the Inn at St. John’s in Plymouth, MI.
Proceeds from the Duesenberg sale will benefit Hillsdale College, which is located in Hillsdale, MI. Read more.
The model J Duesenberg has long been regarded as the most outstanding example of design and engineering of the classic era. Introduced in 1929, trading was halted on the New York stock exchange for the announcement. At $8,500 for the chassis alone, it was by far the most expensive car in America. With coachwork, the delivered price of many Duesenbergs approached $20,000, a staggering sum at a time when a typical new family car cost around $500.
Few would Read More