1901 Duryea Four-Wheel Phaeton
Offered by RM Auctions | Phoenix, Arizona | January 20, 2012
Charles and Frank Duryea built the first gasoline-powered car in the United States, doing so in 1893. Two years later, Frank won the first American motor race and the brothers began selling copies of their Duryea Motor Wagon.
Production never reached astronomic proportions – in fact, the cars were so expensive that not many were sold at all. Some early cars were three-wheeled in nature and the National Automobile Museum in Reno, Nevada has a three-wheeled Duryea that looks remarkable similar to the car pictured here. The craftsmanship on both cars is fantastic.
This car features a 10 horsepower three-cylinder engine and tiller steering. It is being offered from the estate of mega-collector John O’Quinn. RM estimates this car will sell for $40,000-$60,000. It’s rare, beautiful, interesting, and worth it.
Update: Sold $96,250.