Thursday, April 12, 2018

inside info on high dollar car auctions

When bidding on the Bugatti Royale in 1986 this info was published:

He was one of 38 millionaires holding golden paddles entitling them to bid on the Bugatti Royale. To qualify, the international group of car collectors had to have at least a $1 million line of credit; Moore's was $40 million.

An immigrant from Russia who was so poor he didn't own a pair of shoes until he was 12 has paid the biggest price in history for an automobile--$6.5 million.

 Houston shopping center magnate Jerry J. Moore, was the highest bidder for a 1931 Bugatti Royale Berline de Voyage limousine

those expected to play major roles are Mr. Monaghan, founder of Domino's Pizza, who paid $1 million for a 1929 Duesenberg at an earlier auction of Harrah's cars;
 Jack Nethercutt, chairman of the Merle Norman cosmetics company, the owner of an $800,000 Duesenberg;
Mr. Lyon, who once paid $710,000 for a 1934 Packard

No comments:

Post a Comment