Rare Duesenberg Sells for $2.64 Million
What price beauty? How about $2.64 million? That's what this 1931 Duesenberg J Special Phaeton went for during the auction of 90 rare cars and motorcycles owned by late Los Angeles Times publisher Otis Chandler on October 21st. The Gooding and Company auction brought in over $36 million. The Duesenberg wasn't the only $2 million car, a 1904 Mercedes 40/45 HP Sports Touring went for $2.25 million. The collection was deemed important not because of the size but because it featured so many great items. Chandler began collecting cars when he was a student at Stanford University in 1947 and he wanted the cars to go to other collectors after his death.