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On May 25, 2010, the Indiana Auctioneer Commission revoked the auctioneer's license of Dean Kruse amid charges that the company failed to pay clients who had sold items through the company. [1] On July 1, 2010, Kruse sold its auction park, home to the annual Auburn auto auction, to RM Auctions of Canada. [5]
The main event is a series of timed runs in which antique automobiles, trucks, and motorcycles from the Steam, Brass, Vintage, Antique, and Classic Car eras ascend the town's steep, 1800-foot-long Main Street hill as quickly as possible. The festival is the second largest auto event in Indiana after the Indy 500 and Brickyard 400. [1]
The auction was originally meant as a one-time event, [9] but was more successful than expected, garnering 3,000 attendees. It became an annual event, [6] and eventually prompted the creation of other collector car auctions in the Scottsdale area. [10] Jackson's wife Nellie was a car enthusiast and also took part in the business. [11]
Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [ 2 ] [ 3 ] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
Known to many as the "Dean of Auctioneers," Kruse was once a well-respected member of the collector car hobby. [3] A 1957 graduate of the Reppert School of Auctioneering in Decatur, Indiana, Kruse cried his 5,000th auction in Houston in 1987, and is reportedly one of the youngest men to even attain that goal. Kruse is a former Indiana State ...
The school currently offers a ten-day auction training class three times a year in their Auburn, Indiana location at Kruse Plaza. The Reppert School of Auctioneering has had graduates from every state in the United States, as well as multiple foreign countries, and is the nation's longest continually operated auction school, with classes every ...
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