COMPANY TIMELINE

For the past thirty years, Kruse International, the world’s leading collector car auction firm based in Auburn, Indiana, has conducted the Auburn Collector Car Show and Auction over Labor Day weekend. The following is a brief look at each year leading up to Auburn 2006. 

1971 FIRST AUBURN AUCTION - This was the first year for the Auburn Labor Day Auction.  The one-day event consisted of about eighty consignments.  It was held in an empty field near interstate I-69.  A 1932 Duesenberg dual cowl phaeton made world headlines when it was bid to $61,000, but the owner did not sell.  NBC News noted, "A man turned down $61,000 for a used car in Auburn, Indiana."

1972 SECOND AUBURN AUCTION - The second annual Auburn sale grew to about 150 cars and moved to DeKalb High School, just north of Auburn, for a one-day event.  Greta Garbo’s 1933 Duesenberg Victoria sold for an astonishing world record $90,000 to Charles Wood of Lake George, New York.

1973 FIRST $100,000 CAR - The auction attracted about two hundred and fifty cars and reached $2 million in sales.  Howard "Dutch" Darrin was Grand Marshall of the Auburn-Cord-Duesenberg Festival Parade.  Highlighted Auction Sales were a 1936 Lincoln limousine for $36,000 and a new world record of $100,000 for a 1932 Duesenberg purchase by Norm Weise of Indiana.  "It’s easy with Weise."

1974 AUCTION REACHED $4.5 MILLION IN BIDS - Nearly sixty-three percent of the 450 cars consigned were sold.  Highlighted sales included $141,000 for a 1929 Duesenberg Model J. With a V-windshield, a world record of $160,000 for a 1931 Duesenberg sedan convertible and $80,000 for a bulletproof 1944 Mercedes-Benz 770K used by Nazi General Hermann Goering.

1975 AUCTION BIDS HIT $7 MILLION - Kruse International sold fifty-eight percent during its fourth annual event. Four hundred and thirty cars were entered as bids hit $7 million.  The entire event attracted almost 100,000 people.  Highlighted cars included a 1931 Cadillac Convertible Coupe with a 23.75-carat gold leaf exterior selling for $100,000.

1976 1,000 CARS ON SITE - This was the first of the three-day sales.  More than 2,000 cars were on site to be sold.  Crowds were the largest ever with bidders filling the High School football stadium.  A Model J Duesenberg sold for $160,000.  The entry fee was $50.

1977 ABOUT SIXTY-SIX PERCENT SOLD - About sixty-six percent of the eight hundred cars offered at auction were sold.  Highlighted sales included a 1930 Cord L29 for $65,000, a 1957 Ford Thunderbird for $24,000, and a 1931 Cadillac for $54,000.  Because of the tremendous number of cars, Kruse was forced to raise the entry fee to $100 before the auction.

1978 - About six hundred and fifty cars were consigned.  Highlighted car sales included a 1932 Duesenberg supercharged LaGrande dual cowl phaeton for a world record of $235,000, a 1934 Duesenberg Murphy Convertible Sedan for $157,000, Rudolph Valentino’s 1927 Isotta-Fraschini for $90,000, and a 1933 Duesenberg roadster for $200,000.  The entry fee was increased to $200. 

1979 AUCTION ATTENDANCE NEARS 100,000 - About fifty-three percent of the seven hundred and fifty-four cars changed hands.  Attendance was about 100,000 people.  Highlighted sales were Lucy Luciano’s 1936 Lincoln for $147,500, a 1936 Auburn speedster for $66,000, a 1934 Duesenberg for $170,000, and a 1932 Packard bid to $145,000.

1980 - Sixty-five percent of eight hundred and fifty cars consigned went home with new owners.  Highlights included a 1930 “Madame X” Cadillac V-16 sedan for $61,000, a 1937 Cord Sportsman for $77,000, and a 1931 Cadillac V-12 phaeton for $110,000.

1981 100,000 PEOPLE ATTEND - Forty-eight percent of the eight hundred and sixty cars offered during the auction found new owners.  Weekend crowds reached 130,000 people.  Headlines for the event featured the sale of John Lennon’s 1956 Bentley which sold for $325,000.

1982 - Nearly sixty percent of the eight hundred and eighty cars that crossed the auction block sold.  A 1932 Auburn sold for $100,000 and Andy and Vince Granatelli’s turbine race car bid to $230,000. 

1983 - Approximately fifty-four percent of the eight hundred and eighty-five cars were sold. Highlighted sales included a 1930 Packard for $147,500 and a 1931 Packard dual cowl phaeton for $100,000.

1984 - Consignments stayed at eight hundred and eighty-five with sixty-three percent selling.  Highlights included a 1933 Duesenberg Willoughby sedan for $160,000, a 1931 Cadillac V-16 for $110,000 and a 1934 Packard V-12 for $148,000.

1985 SEVENTY-EIGHT PERCENT SOLD - About seventy-eight percent of the nine hundred and twenty-eight cars consigned changed hands.  Top sales included a 1929 Isotta-Fraschini for $150,000, a 1957 Jaguar SS100 LeMans racer for $150,000, and a 1961 Ferrari V-12 for $120,000.

1986 NINE HUNDRED AND TWENTY-FIVE SOLD - Seventy-five percent of the nine hundred and twenty-five vehicles left with new owners.  Notable sales included John Lennon’s 1956 Bentley for $79,000 and twenty hand-painted Rolls-Royces owned by the Guru Bhagwhan Shree Rajneesh for $1.2 million.  A 1929 Duesenberg Model J Victoria bodied by Rollston attracted a high bid of $900,000

1987 OVER 1,000 CARS AUCTIONED - Nearly eighty percent of the record 1,500 vehicles auctioned found new owners.  A 1934 Duesenberg SJ 526 torpedo phaeton received a world record bid of $3.25 million.  Highlighted sales included a 1954 Ferrari 250 for $650,000, a 1933 Packard Custom Dietrich Dual Cowl Phaeton for $605,000, and Jim and Tammy Bakker’s 1953 Rolls-Royce Silver Dawn for $91,000.

1988 1,600 CARS CONSIGNED - Approximately seventy percent of the 1,600 cars consigned were sold in Auburn, with eight of fifteen Duesenbergs crossing the auction block finding new owners.  The top bid was $1 million for a 1929 Cord L29 Murphy town car previously owned by John Barrymore.  Highlighted sales included a 1930 Duesenberg J Walker LaGrande torpedo Phaeton for $950,000, a 1931 Duesenberg Model J 581 convertible for $600,000 and a 1973 Jaguar XKE V-12 roadster for $64,500.  Other Duesenberg prices included a 1923 Model A Rubay touring for $80,000, a 1930 J 237 dual cowl phaeton for $316,000, a 1930 LaGrande dual cowl phaeton for $300,000, and a 1931 J 518 Dietrich convertible for $600,000.

1989 KRUSE AUCTION PARK OPENS - This marked the first year at the new Kruse Auction Park.  Nearly 1,500 vehicles were offered as sixty percent sold.  In addition, twelve Duesenbergs crossed the auction block.  Highlighted bids were $1.8 million for a 1933 Duesenberg J 386, $1.4 million for a 1932 Duesenberg Murphy Coupe, and $1.25 million for a 1929 Duesenberg Berline ConvertibleFinancial News Network aired the auction live nationally for three hours while nearly forty celebrity-owned vehicles crossed the block, including "Herbie the Luvbug," and Al Capone’s 1932 Cadillac Imperial limousine which sold for $100,000.

1990 THE 20TH ANNIVERSARY - This year marked the 20th Anniversary of Kruse International’s Auburn Collector Car Show and Auction. In addition, it was the first year Kruse included a separate collectibles auction.  Notable cars for sale included a 1935 Duesenberg J-561 six-fender limousine by Rollston, a 1931 Duesenberg J Torpedo Phaeton, and a 1934 Cadillac Fleetwood 8-cylinder roadster (1 of 2 built)Oliver North was in attendance and received a long-standing ovation.  The car corral numbers reached 3,000 vintage automobiles.

1991 ATTENDANCE APPROACHES 150,000 - Attendance reached nearly 150,000 with over 5,000 cars offered for sale.  Greta Garbo’s 1933 Duesenberg Model J was bid to a record $2,800,000 and later sold.  A 1947 Cadillac coupe sold for a record $80,000.  The event was held in conjunction with three other auctions: the Fitterling Collection & Farm, the Wayne Sawyer Collection, and the world’s largest Marhanka Antique Truck & Tractor Collection.

1992 AUCTION BROADCAST LIVE - About fifty-three percent, roughly 1,500 cars were sold at this year’s auction.  The Shop-At-Home Network broadcast live from the site, allowing buyers to purchase vehicles from their own homes.  A 1948 Buick Saoutchick Drophead Coupe sold for a record $275,000.  Celebrities in attendance included Larry Gatlin, Andy and Vince Granatelli, and Dr. Ferdie Pacheco.

1993 A RECORD NUMBER OF CLASSICS SOLD - Once again, Kruse sold over fifty-three percent of nearly 1,500 automobiles that crossed the auction block.  Some of the highlights included the sale of a 1932 Marmon V-16 convertible for $216,000. Lauren Hutton sold her Mercedes-Benz 380 SL, and a 1934 Auburn V-12 Saloon sold for $155,000.  A record number of classics were sold over the weekend.

1994 "BEST COLLECTOR CAR EVENT IN THE WORLD" - The Auburn `94 auction was the best collector car event in the world.  With no rain during the entire six-day event, 1,631 automobiles crossed the auction block.  Nearly sixty percent sold for a total of $25 million dollars.  Highlights were thirteen Duesenbergs offered, a 500K Mercedes Roadster bid to $2 million, and a Japanese buyer purchasing a 1936 Mercedes-Benz 540K Cabriolet C for $530,000.  Post auction figures marked the auction as the best event since 1989, A-C-D Festival officials estimated more than 250,000 car enthusiasts participated in Auburn `94

1995 SEVENTEEN DUESENBERGS UP FOR AUCTION - Roughly sixty-six percent or 1,435 cars sold at this event. Highlights included eleven of seventeen Duesenbergs selling to the highest bidder, a 1948 Cadillac Saoutchick Convertible Coupe for $472,500 and a 1963 Volkswagen "Herbie the Luvbug" sold.  Twenty-seven million dollars worth of antique, vintage, classic, celebrity, and high performance cars rolled across the auction block at Kruse International’s silver anniversary collector car show and auction.  Some of the Duesenbergs to sell included a 1932 Duesenberg J Victoria Murphy for $1.26 million, a 1931 Duesenberg J 385 Rollston for $666,750, a 1936 Duesenberg Convertible Sedan for $547,050, and a 1933 Duesenberg J Kirchoff Town Car for $525,000.  Nearly 150,000 people attended this gala auction.

1996 NEARLY 300,000 ATTEND - The Indiana State Police estimated that nearly 300,000 people attended the Kruse Auction and the Auburn Cord Duesenberg Festival in 1996.  More than sixty percent of the 1,625 cars offered at the auction sold, making this the best year to date.  Sales exceeded $30 million as the crowd saw some of the most desirable collections sold at auction.  Two of these collections were the Warshawsky Collection and the Granatelli Collection, which sold for more than $3.5 million and $2 million respectively.  Chrysler Corporation became the title sponsor of the Kruse Auction Series and excited fans with a concept car and new car display.  The top sale of the weekend was a 1932 Duesenberg J 448 Derham Tourister for $813,750.  This car was part of the Granatelli Collection

1997 LIVE ON INTERNET & TV - Kruse International set the tone for the most successful year in the collector car industry during the 1997 Auburn Auction.  Some of the highlights included the sale of a Rolls Royce used by Princess Dianna, one of the original Batmobiles, and the first Prowler offered to the public sold for $141,000.  Jay Leno and Wayne Newton were among the distinguished guests at the auction podium.  Auburn `97 was also the first year for The Chrysler Corporation’s MOPAR show.  The top sale was a 1934 Packard Lebaron Coupe, which sold for $650,000.  Classics stole the spotlight for the week as nearly every one offered found a new owner.

1998 NEARLY 70% OF THE 2,150 CARS SOLD -  Nearly 70% of the 2,150 cars sold to the highest bidder as $30 million changed hands. A 1932 Duesenberg J Murphy Convertible Coupe sold for $650,000 and a 1932 Duesenberg Le Baron Convertible sold for $435,000. The "Batman Forever" Batmobile brought in $330,000 as a record crowd watched in amazement.

1999 EBAY TAKES LEADERSHIP ROLE -  Under the first year of eBay’s leadership, Kruse International continued to break records and sell the world’s top vehicles. Auburn Fall 1999 had many great automobiles up for grabs. Highlights included the 1995 Batmobile Exhibition Vehicle from "Batman Forever" selling for $342,500, a 1938 Packard 1608 Convertible Sedan bringing $168,000 and a 1931 Auburn Boattail Speedster fetching a cool $116,000.

 

 

2000 KRUSE INTERNATIONAL 30TH ANNIVERSARY CELEBRATION - The new millennium marked the 30th Anniversary of the awesome Auburn auction.  Buyers and Sellers from around the world gathered at the Kruse Auction Park to celebrate Auburn 2000 - The World's Largest Collector Car Auction.  Kruse thanked bidders and consignors at two evening parties, while bidders and consignors thanked Kruse by participating in a truly outstanding auction.  Auburn 2000 featured an incredible selection of cars.  Highlights in the celebrity car section included Juan Peron’s 1938 Packard 1608 Convertible Sedan selling for $250,000, the Speed Racer Mach 5 prototype for $180,000 and the Austin Powers "Spy Who Shagged Me" Beetle for $45,000 - the latter two going to the Petersen Museum in Los Angeles.

Other highlights included a dozen Duesenbergs offered at auction. Of those, a 1932 Duesenberg J Dual Cowl Phaeton sold for $350,000 a 1934 Duesenberg J Rollston Sport Sedan for $400,000, a 1930 Duesenberg J Berline for $550,000 and an incredible 1934 Duesenberg J Brunn Riviera Phaeton sold at NO RESERVE for $500,000.

2001 - Former heavyweight champ Max Baer’s 1932 Duesenberg J LeBaron-bodied Dual Cowl Phaeton won the title of highest sale as it brought $879,800 (including buyer premium) at Auburn Fall 2001.  In all, the five-day Auburn Fall 2001 auction exceeded expectations and set records with a grand total of $26,500,000 in collector car auction sales and car corral sales.  Approximately 60% of the nearly 1,600 vehicles consigned were sold, and nearly 200,000 collectors and spectators were in attendance at the world’s largest collector car auction and show.

Kruse International continued to pace the market as it set another world record with the sale of a 1948 Chrysler Town and Country for $116,600.  Other noteworthy sales included a 1956 Mercedes Benz Gullwing for $160,000; a 1999 Shelby Series I Roadster for $129,000; and a 1925 Kissel Speedster for $95,000.

Celebrity cars continued to be the favorite among spectators and the crowd cheered as a Batmobile from the movie “Batman Returns” sold to S. Truett Cathy, the founder and chairman of Chick-fil-A, for $222,600.  A unique variety of celebrity cars were sold including a 1983 Zimmer Golden Spirit owned by Jerry Lee Lewis.

2002 - Kruse raced from the staring line this year at full speed ready to set new standards. The Scottsdale auction in January was staged at the Wild West town, Rawhide. It was an event to remember as visitors to the western-themed auction were treated to shoot outs, old time gunslingers and some of the most beautiful automobiles in the country.

Motors and Music was the theme for the new venue at Las Vegas. Kruse customers found the opulent surrounding at Mandalay Bay more than satisfactory as a pre-auction event brought in over $60,000 for kidscharities.org. Many records were set during the two-day sale that fetched $212,000 for Carroll Shelby’s serial #1 40th Anniversary Cobra.

            Headlines around the country touted that a “Michigan man purchased the last Camaro.” With proceeds going directly to the National Association of Students Against Violence Everywhere, GM brought the last Camaro Z-28 to be sold to the public to Auburn Fall. The sentimental buyer stated that his father brought his newborn son home from the hospital in a 1969 Camaro. Another highlight of Auburn Fall was the induction of legendary Carroll Shelby in to the Kruse Hall of Fame.

The year ended with very big changes as Dean Kruse re-acquired Kruse International from Internet giant, eBay. “THE DEAN IS BACK”

2003 EBAY SELLS KRUSE INTERNATIONAL BACK TO DEAN KRUSE -  eBay’s Chief Executive Officer, Meg Whitman kept her word by offering Kruse International back to Dean Kruse when the Internet-based company decided to sell. The most immediate result of Kruse purchasing the company was an increase in the number of auctions that it conducts. Going back to a nationwide concept, over 40 collector car auctions were held from coast to coast.

The 12th annual Spring Motor Fair in Auburn, Indiana was a rousing success as the event brought in over $6.5 million dollars with over 800 cars crossing the block. A private collection of 100 cars included a 1935 Packard convertible selling for $112,000. Auburn Spring becomes one of America’s top Auctions.

$160,000 was the price paid for a very special 1970 Chevelle LS6 convertible at the Tulsa auction. This transaction became the pace setter for muscle cars over the next two years and running.

Kruse was selected as the auctioneer of choice by the Klassix Auto Attraction located in Daytona Beach to close out the popular destination. Among the famous movie cars was a very controversial TV Batmobile that fetched $182,000.

The newly renovated White River State Park in Indianapolis was the setting for the inaugural Concours Grand Prix. Two of the very limited production Signature Series Cheverolet SSR trucks were offered by General Motors, each selling for nearly $60,000. These proved to be real bargains as others were auctioned during the year for over $70,000. Kruse was the exclusive agent to sell most of the first twenty-five SSRs produced.

Dean Kruse was honored at an awards ceremony as he was named Business Leader of the Year by Tiffin University, an independent private university in Ohio.

2004 - It was full steam ahead for 2004 as Kruse continued a blistering pace of auction events being held across the country.

Phoenix International Raceway became the new site for the annual Scottsdale auction in January. The event followed several other Arizona collector car auctions during the month which proved to be a great time slot. Four more of the limited edition Signature Series SSR trucks by Chevrolet found new owners with prices ranging from $70,000 to $81,000.

Many prestigious private collections were offered at auctions throughout the year. Among those was the celebrated Ford Collection of John Woodhead. Grabbing national headlines, the sale broke 23 world records as the most elite vintage Fords were offered to the public. Pre-war cars from Woodhead to break the six-figure mark included a 1903 Model A for $143,000; 1934 Brewster Town Car for $126,000; and a 1934 Deluxe Roadster for $220,000. The grand slam at the sale was a 1970 Mustang Boss 429 fetching $242,000.

The 34th Annual Auburn Fall Collector Car event saw sunny skies and record attendance. Muscle cars were the soup-du-jour with more than 80% selling to the highest bidder. High prices paid included a 1970 Challenger convertible at $94,000, $90,000 for a ’65 Plymouth Belvedere Hemi Race Car, and $88,000 for a ’68 Plymouth Hemi Roadrunner. Post-auction transactions included a deal where over half a million dollars were paid for a ’29 Duesenberg Rollston Victoria.

2005 - Kruse International continues to see exponential growth. Be a part of the excitement and attend a Kruse auction near you!

 
   
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