|
Eyrie Productions, Unlimited
Nathan
Charter Member
1384 posts |
Mar-22-21, 12:31 PM (EDT) |
|
5. "RE: Gallian Gothic Book 3"
In response to message #3
|
>>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. I'd always understood the transmission thing to be a result of the brothers not being transmission designers and not being able to find anyone who'd sell them a unit that could take what their engine threw out at full power without stripping, but you've certainly got a point about the devaluation they underwent. ----- Iä! Iä! Moe fthagn! |
|
Alert | IP |
Printer-friendly page | Edit |
Reply |
Reply With Quote | Top |
|
|
version 3.3 © 2001
Eyrie Productions,
Unlimited
Benjamin
D. Hutchins
E P U (Colour)
|