1935 Duesenberg Model SJ sells for incredible $4.5M

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Top-seller: 1935 Duesenberg Model SJ Walker-LaGrande Convertible Coupe (Darin Schnabel © 2013 courtesy RM Auctions)

AMELIA ISLAND, Fla. – RM Auctions, the official auction house of the Amelia Island Concours d’Elegance, saw fantastic results this past weekend with an Amelia Island sale that saw records tumble and more than $26.8 million grossed with over 92 percent of all lots sold. (Results are listed in USD and are inclusive of 10 percent buyer’s premium for vehicles and 15 percent for memorabilia.)

Celebrating its 15th year in 2013, the auction saw an incredible roster of more than 85 blue-chip automobiles presented before a truly international audience of bidders. The sale’s “star car,” the beautiful 1935 Duesenberg Model SJ Walker-LaGrande convertible coupe, one of only three produced and the only supercharged example, attracted immense interest, selling for an outstanding $4,510,000 to firmly establish itself as the top seller of the day and this year’s Amelia Island weekend.

The second-highest performer was a 1933 Stutz DV32 Convertible Victoria, the recipient of a spectacular, class-winning restoration, which attracted spirited bidding in the room and on the phones, eventually selling for $1,512,500. The final sales price represented a new marque record for a Stutz sold at auction.

Results from RM’s Amelia Island sale also highlight the sustained strong performance of Ferrari’s in the market, with V-12 powered, front-engined cars of the 1960s continuing to be in huge demand. The matching numbers 1965 Ferrari 275 GTB, chassis 07751, stunning in classic Ferrari red and having been in single ownership for 37 years, was the third-highest selling lot of the auction, realizing a strong $1,375,000. Further reinforcing the demand for the finest examples from Italy’s most iconic sports car maker was the 1952 Ferrari 225 Sport Berlinetta “Tuboscocca,” chassis 0168ED, a terrific example of one of Ferrari’s early race cars and one of only six made in period. The recipient of a fresh mechanical and cosmetic refurbishment and boasting a well-documented history, it found a new home for $1,237,500.

Wrapping up the list of cars achieving million-dollar-plus results at the March 9 sale was the imposing and very rare 1911 Lozier Model 51 Seven-Passenger Touring. One of the mightiest Brass Era touring cars, the Lozier attracted enormous interest, eventually selling for a remarkable $1,100,000.

Two additional lots worthy of special mention were a rare early production 1955 Mercedes-Benz 190SL Roadster, a car restored to the highest standards and boasting a double set of fitted luggage, which garnered a final sales price of $220,000, establishing a new world auction record in the process. The other record-breaking lot was the 1966 Aston Martin DB6 Vantage, also a recipient of a world-class restoration and particularly spectacular in its “Black Pearl” paintwork and caramel tan interior, which achieved $489,500, to equal the highest sum ever paid for a DB6 Vantage at auction.

RM Amelia Island Top 10 Sales:

  • 1. 1935 Duesenberg Model SJ Convertible Coupe                      $4,510,000
  • 2. 1933 Stutz DV32 Convertible Victoria                                      $1,512,500
  • 3. 1965 Ferrari 275 GTB                                                             $1,375,000
  • 4. 1952 Ferrari 225 Sport Berlinetta ‘Tuboscocca’                        $1,237,500
  • 5. 1911 Lozier Model 51 Seven-Passenger Touring          $1,100,000
  • 6. 1930 Cord L-29 Sport Cabriolet                                              $990,000
  • 7. 1966 Shelby 427 Cobra                                                          $836,000
  • 8. 1931 Duesenberg Model J Tourer                                     $825,000
  • 9. 1958 Merceds-Benz 300SL Roadster                                       $792,000
  • 10.1930 Stutz SV16 Monte Carlo                                                $550,000

For further information on upcoming events, or to view full results from RM’s Amelia Island sale, visit rmauctions.com.

 

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