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The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [1]
In 1971, the Auburn Chamber of Commerce needed fundraising for their annual classic-car show. Kruse suggested auctioning off some of the antique cars. When a bidder's $61,000 bid for a locally-made Duesenberg was turned down, the press picked up the story, and his fame as a car auctioneer took off. He started the Kruse Auction Institute in 1972 ...
In 1979, Kruse left the collector car business to focus on local auctions and real estate. A 1964 graduate of the Reppert School of Auctioneering in Decatur, Indiana, Kruse served as president of the auction school, from his purchase of the school in 1996, until its sale to the Christy family in Indianapolis in 2011. Kruse graduated from the ...
A fifth-generation auctioneer, Kruse launched GWS Auctions in 2007. Ten years later, the business received a flood of publicity when she auctioned off Elvis’ “lost jet.”
In March 2008, Dean Kruse, the owner of Kruse International Auction house, and Vice President Fred Gittin offered Chappell to be the first woman ever to announce a Kruse classic car auction. She accepted and announced at the first annual Alabama Kruse auction later in March 2008. Next came an offer to be the host ESPN's Russo and Steele Classic ...
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