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Tuesday, October 24, 2006 1:22:09 PM
http://chandlerwheels.com/cycles/cycles/1907_harley_davidson_strap_tank.html
OXNARD, Calif. (AP) - A collection of 90 rare cars and 80 motorcycles owned by late Los Angeles Times publisher Otis Chandler brought in more than $36 million at auction.
More than 1,200 people crowded into Chandler's Vintage Museum, which housed the collection, for the auction Saturday by Gooding & Company.
Company founder David Gooding said the auction broke the previous record for a single-day sale - $21 million in 1990 - when there were still 33 cars and motorcycles to be sold. The final tally was $36,094,250.
Two classic cars sold for more than $2 million dollars apiece. A 1931 Duesenberg J Special Phaeton fetched $2.64 million and a 1904 Mercedes 40/45 HP Sports Touring went for $2.25 million, auction officials said.
The highest-selling motorcycle, a 1907 Harley-Davidson 440CC Strap-Tank Single, brought in $352,000.
``Usually in a collection, when you liquidate it, there are one or two great items,'' Gooding said last month. ``Every one of these great items is the best of its category. It's one of the finest (collections) in the world.''
Chandler began collecting cars when he was a student at Stanford University in 1947. He wanted them to go to collectors after his death.
Chandler, who died in February at age 78, was publisher of the Times from 1960 to 1980.
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