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.