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Forum URL: http://www.eyrie-productions.com/Forum/dcboard.cgi
Forum Name: Annotations
Topic ID: 151
Message ID: 3
#3, RE: Gallian Gothic Book 3
Posted by Gryphon on Mar-22-21 at 03:41 AM
In response to message #2
>If Eben managed to get a good return on the Duesenberg and then lived
>in a reasonably modest way, he'd probably be set for the
>decade. The equivalent of $350,000 2021 dollars would probably
>be about right.

Alas, the value of Duesenbergs slumped hard between the company's failure in 1937 and when they started to become collectible in the '50s. In spite of their rarity and high quality, they were considered outmoded, both stylistically and mechanically (the Duesenberg brothers didn't believe in synchromesh transmissions, for example, which was plain silly by the mid-'30s). At around the time the US entered World War II, a Model J in half-decent condition could often be had for less than $500. Admittedly, $500 was a lot more money in 1942 than it is today, but even so, that was secondhand Buick money.

Wentworth bought his right before the values tanked, naturally, but he never considered it a problem because he never expected he'd have to sell it.

--G.
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Benjamin D. Hutchins, Co-Founder, Editor-in-Chief, & Forum Mod
Eyrie Productions, Unlimited http://www.eyrie-productions.com/
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