… I'd consider buying Maynard Ferguson's 1994 Cadillac DeVille.
Normally I'm not a car aficionado but I used to play jazz trumpet a lot more than I do now and Maynard Ferguson was one of my favorites to listen to. Ferguson died last year and parts of his estate are being auctioned off on eBay. This would be a way cool car to drive!
Fair value for the car is probably around $3,500 but it's going for more than twice that now. No doubt it's a huge gas guzzler but with an 8 cylinder / 4.9 liter engine it would be the smoothest ride I'd ever have in my life.
In addition, the highest bidder will receive a Letter of Authenticity from the Ferguson family. The original title can't be found but that would be another piece of MF memorabilia that would likely have some value. Whether the Letter will help any subsequent resale value I don't know, but if the car still runs it can't possibly hurt.
Above all, though, it's just a cool story!
Do you own anything with a celebrity story behind it? Or is the celebrity premium just too high?
You are not joking, are you?!
I don't have the money for it. Hence the title of the post. But no, I'm not joking. We all have passions that we feed, right?
You are probably right. It is just that I am so far from the world of jazz music that it is hard for me to imagine that I would ever buy someone's old gas hungry car for twice the price. Well, maybe if it was Serge Brin, but still, not a 8 cylinder / 4.9 liter Cadillac.
The closest thing I have to this is my collection of books signed by the authors, particularly astronauts and those directly involved in the space business.
In the 60's my uncle – then a teenager – bought an incredibly decked-out bus at a mechanics lien auction. We're talking velvet on the walls and leaded glass chandeliers. He had some trouble getting it actually turned over to him, and dealing with it involved going through some of the ownership records for the bus.
Wanna guess whose it had originally been?
Turns out Elvis – yes, Elvis – didn't like to fly, and went through a period where he toured exclusively from this bus. My uncle actually lived in it for a while, but at some point traded it for a thunderbird plus some cash. It is now the only major part of the elvis estate not owned by graceland, although the current owners did "lend" it to graceland for display for a period.
Wow that's quite a story!
I had thought mechanic's lien auctions were held because repairs/mods were made on the vehicle and the owner didn't pay. So Elvis didn't pay his bills on this bus?! 😉
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