1929 Duesenberg Model J

VIN: 2151

$2,420,000

Sold

Seller details

  • Auction

    Gooding & Company

  • Location

    Scottsdale, AZ; US

  • Event date

    Jan 29 - Jan 30, 2016

  • Lot

    51

Vehicle specs

  • Chassis/VIN

    2151

  • Body style

    Dual Cowl Phaeton

  • Engine Type

    L8

  • Horsepower

    265

  • Induction

    1x2 bbl

  • Interior Color

    Red

  • Exterior Color

    Blue

  • Generation

    1928-1937 Duesenberg Model J

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Chrome wire wheels, wide whitewalls, dual sidemounts, outside exhaust headpipes, Black cloth covered luggage trunk, dual windshields, mesh hood side panels.

Condition

Original chassis, engine and bodywork, first owned by John Duval Dodge, son of John Dodge. Concours restored by Fran Roxas in 2010, Best in Show at Meadow Brook that year, 2nd in class at Pebble Beach, People's Choice at Kansas City. Still show quality paint, chrome, interior, glass and top.

Market commentary

Sold here two years ago for $2,090,000, $110,000 less than the successful hammer bid today and showing just 44 more miles on the odometer than it did then. Taking out even a modest seller's commission pushes the ROI into modestly negative territory and makes the 44 miles rather expensive. On the other hand, it shows the steady nature of the market for the highest quality classic era cars and based on the pre-sale estimate the seller was prepared to accept an even bigger loss.

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