Dragone Auction's Westport, CT Sale of Important Historic Automobiles

May 14, 2013, 09:45 ET from Dragone Classic Motorcars

WESTPORT, Conn., May 14, 2013 /PRNewswire/ -- Dragone Auctions, purveyors of some of the finest motorcars in the world announces their second annual auction that will take place at their showroom and auction gallery on May 31st in Westport, Connecticut.  In keeping with the Dragone Brother's vision, the auction will again feature rare, desirable, investment quality vehicles from all facets of the collector market.  "This year we are offering an incredible assortment of cars that have been stored away for decades," stated Manny Dragone of Dragone Auctions.

(Photo:  http://photos.prnewswire.com/prnh/20130514/NY12836 )

Buyers will be able to purchase some truly unusual investment quality classic cars, military vehicles, and even a German WWII half-track motorcycle.  The auction is offering cars from the Helmut Christian Peitz collection.  Among some of the beautiful vehicles from the Peitz collection are a stunning 1927 Rolls-Royce Piccadilly Roadster, which was originally owned by J.P. Morgan, Jr., a gorgeous one-off 1916 Locomobile Model 48 Coupe with coachwork by Locke, a 1916 Packard from the famous Austin Clark collection and a 1907 Columbia Electric Park Surrey that was in the Ford Museum for decades.  For racing enthusiasts, there's also a 1979 Penske PC6 Indy Racecar that was driven by Gordon Johncock in the famous Indianapolis 500.  The collection also holds a stunning 1910 Renault Towncar, formerly owned by Madeline Astor, wife of John Jacob Astor. The Astors used the Renault at their Beechwood cottage in their Newport, Rhode Island estate.

One of the stars of the show is a matching numbers 1934 Duesenberg SJ-514, Continental Touring Berline with coachwork by Rollston.  As one of only five closed Duesenberg SJs built, this incredible time capsule has only 49,000 miles on it, since new and is the last unrestored example of the original 35 SJs built.  J-514 was originally owned by the wealthy New York socialite, Mrs. Henry Evans, who had this Duesenberg built for European touring. The original Rollston body still carries its ornate aluminum cast moldings and a specially-built opening roof vent.  It is clearly apparent that Mrs. Evans wanted only the finest as she paid an astounding $18,000 for her SJ, which traveled with her aboard the Queen Mary on several of her European tours.  Duesenberg #J-514 has never been publicly offered for sale, as it has only exchanged owners four times through private sales.  Today it is estimated to sell for between $1.5 to $2 million dollars.

There's also a 1952 Jaguar XK-120 Coupe with an astounding 16,000 miles on it and a rare 1934 Ford Roadster fitted with factory dual side-mounted spare tires, a 1929 Bugatti Type 40 Grand Sport and a barn find 1938 Mercedes 320 Speciale Kombination Roadster.  "The Dragone auction will always be limited to the cars that we feel truly can't be found on the market and are true investment quality cars," said Manny Dragone.

This event marks Dragone Classic Motorcar's second auction entry as the first and only permanent classic car auction site in the Northeast, USA.  The auction comes on the heels of the Dragone brothers 35 years in the classic car business as buyers and sellers to prominent collectors and museums worldwide.  "Our first auction was a success and our second promises to be an opportunity that shouldn't be missed," said Dragone.

Date of the event: Friday, May 31, 2013
Place: Dragone Auctions
176 Post Road West
Westport, CT 06880 USA

Time 3:00 PM: Automobilia Auction
4:00PM Classic Car Auction

For more info call:
Kimberly Halapin or Manny Dragone
203 335-4643

SOURCE Dragone Classic Motorcars