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February 23, 2010

WSJ: Classic cars in death sell-off

By Spear's

John O’Quinn’s car collection is believed to be one the largest in the world, housing up to 800 rare and historically significant vehicles.

John O’Quinn’s car collection is believed to be one the largest in the world, housing up to 800 rare and historically significant vehicles.

It includes a staggering 23 Duesenbergs – one of the most revered and prized brand names among car collectors. It also includes includes a wide array of early Rolls Royces, vintage electric cars and Pope John Paul II’s Ford Escort.

The Houston trial lawyer planned to house all the cars in a museum, providing a timeline of the 20th century as told through automobiles.

But he died in a car accident in October, and his dream may have expired with him. Next month, about 200 of his cars–including two of his most valuable Duesenbergs–will be sold off at auction to help pay financial obligations of his estate.

To read the full story, visit wsj.com

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