Last Updated on 2/6/2005 by bidz

The most costly cars on the block
Feb. 5, 2005. 01:00 AM

Collector specials fetch crazy prices
Gorgeous metal needs deep pockets

Scottsdale, ARIz.-Three auctions in three places and three ways to spend my money: Cash, cheque or credit.
Trouble comes in threes.
RM, Russo and Steele, and the renowned Barrett-Jackson: Each auction sells cars, but each company is distinctive with its brands and customers.

The star of the RM stable here this year was a 1934 Duesenberg Model T Convertible Coupe that brought in a breathtaking $2,750,000.

The creme de la creme of Russo and Steele this year was a 1963 Shelby Factory 289 Cobra race car – $2,133,000.

Barrett-Jackson Classic Car Auction – 1954 Oldsmobile F-88 GM Concept Car with its 250-hp V8 and four-speed Hydra-matic shifter sold for $3,240,000.

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