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Russo and Steele’s Scottsdale event has risen from also ran status to one of the premier vintage car auctions.
Hemmings

Russo and Steele Collector Automobile Auction Re-Opens to the Public World’s only 1948 Tucker Convertible Plus Rare Ferrari 250 GT to Roar Across the Block Tonight at 7:30

Scottsdale, AZ. (Jan 24, 2010) -- Russo and Steele Collector Automobile Auctions announced today that when the 10th Anniversary Collector Car Auction re-opens to the public and resumes auction operations today and Monday, the world’s only 1948 Tucker Convertible will cross the Russo and Steele block tonight at 7:30 p.m. Also roaring across the block tonight will be a rare 1960 Ferrari 250 GT Pininfarina Series II. Estimated market value of both collector cars could bring several million dollars.
Following the severe storm that hit Scottsdale on Thursday night, the 1948 Tucker Convertible was extremely fortunate that it only sustained minor damages. However, Justin Cole, President of Benchmark Classic Restoration, is providing the new owner with a guarantee that Benchmark Classic Restorations, a world-class restoration company, will restore 100 percent of the minor damages caused by the storm. Benchmark Classic’s was the original restorer of the 1948 Tucker Convertible, so is intimately familiar with the automobile and its restoration needs.

The rare Ferrari 250 GT sustained no damage from Thursday’s storm and is in ideal condition for its new owner. The Pininfarina-designed cabriolet is the fourteenth Series II Cabriolet built in the first run of 100 cars of the 200 ever produced by Ferrari. This collector car has undergone a complete restoration by well-known authorities, including Bob Wallace, Squadra Nouvolari, Bill Pound and others.

The Tucker Convertible is the only one of its kind in the world. When it comes across the block on Sunday it will be the first time ever that this automobile is up for public auction. The Ferrari is fourteenth in a series of 200 ever made. Estimated market value of both is several million dollars.

For additional information or images, regular updates will be made to the company website at www.russoandsteele.com, on the company’s Facebook page at http://www.facebook.com/pages/Phoenix-AZ/Russo-and-Steele/63384680796 or follow on Twitter; www.twitter.com/RussoandSteele.

About Russo and Steele Collector Automobile Auctions:
Russo and Steele Collector Automobiles is one of the nation’s premier collector car auctions; specializing in the world’s finest European sports cars, American muscle cars, hot rods and customs. Its two auctions each year attract clients from all over the globe not only because of its reputation for stellar collector automobiles, but also unique auction experiences unattainable at any other collector car auction in the world. Its auction events take place with its signature auction in Scottsdale, Ariz. every January, and Monterey, Calif. in August. Additional information please visit www.russoandsteele.com or call (602) 252-2697.

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For more information, contact:
Stephanie Quinn
Phone: (602) 252-2697
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