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Record auction price set by Bargain Hunt star

Charlie Ross auctioned a Duesenberg for $10.34 million, a record price for classic cars.

July 27, 2025 at 02:14 PM
blur Bargain Hunt's record-breaking 8-figure sale which left expert floored

Bargain Hunt star Charlie Ross sold a record-breaking item in a jaw-dropping auction moment.

Bargain Hunt star sells iconic car for record price

Bargain Hunt expert Charlie Ross shared an unforgettable auction experience involving a Duesenberg Model J Long-Wheelbase Coupe. This stunning vehicle sold for $10.34 million in 2011, making it the most expensive car ever sold at auction at that time. Ross described the atmosphere, recalling a magnificent car that cost $17,000 when a Ford Model T was only $100. He estimated that many people were eager to bid, as he had witnessed Duesenberg sales reaching up to $4 million prior to this auction.

Key Takeaways

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Charlie Ross sold a Duesenberg for $10.34 million in 2011, marking a historic auction moment.
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The car was initially priced at $17,000, contrasting sharply with its auction value.
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Ross highlighted the significant interest in Duesenberg vehicles prior to the sale.
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The event attracted around 2,000 attendees and multiple telephone bidders.
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The sale exemplifies the trend of escalating prices in the luxury auction market.
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Classic automobiles are increasingly viewed as valuable investments.

"A magnificent car that cost $17,000 - that at a time when a Ford Model T cost $100."

This quote illustrates the incredible value appreciation of classic cars like Duesenberg models over time.

"I don't think I've ever witnessed a car turn so many heads! Let me set the picture for you; huge marquee, 2000 people."

This quote captures the excitement and grandeur of the auction atmosphere.

The sale of the Duesenberg Model J not only highlights the growing interest in classic cars among collectors but also speaks to a larger trend in auctions. Art and luxury items have seen rising prices, reflecting collectors' willingness to invest significant sums. This dramatic moment engages audiences, showcasing the thrill of auctions and the appeal of owning rare automobiles. Auctions like this one capture a unique mix of excitement and prestige, engaging a diverse audience.

Highlights

  • A magnificent car that cost $17,000, now worth over $10 million.
  • You'll never forget the thrill of seeing such a rare car auctioned.
  • Duesenberg sales reached new heights with this iconic moment.
  • This car turned heads at the auction like no other.

Potential sensitivity around auction pricing and valuations

The growing prices in luxury auctions may raise concerns among collectors and investors about market stability and future valuations.

The auction world continues to capture imaginations, driven by unique and valuable items.

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