A flashy '56 Thunderbird with red leather seats, a high-style, pearl-gray Cadillac vintage 1956 and a flawless '55 Chevrolet Bel Aire that could steal the show in "Grease" are among 135 classic cars being offered at auction today at the Mall of America.
A rare 1969 NASCAR pace car -- only seven were made and they usually are traded among collectors out of public view -- is also a standout in the auction lineup billed as "rare and valuable pieces of automotive history."
But the star of the show -- the car expected to fetch the highest price -- is a 1929 white Duesenberg Coupe convertible with a jump seat.
Mound resident Jim Fretham owns it. He hopes to get more than $1 million in bidding today.
"They are a very rare, low production car," Fretham said. Only about 400 of them were built between 1929 and 1936. So why is he selling? "It's a hobby."
Viewing starts at 9 a.m. and bidding at 11 a.m. in the mall's north parking lot across from Ikea. The sale, which is free and open to the public, has been organized by two men from Rochester, Kevin Ring and Andrew Distad.
It's their first auction, and they are thrilled by the quality of the cars, Ring said. "This is the first time anyone can remember that a NASCAR pace car was sold at a public auction."
On Friday, people browsed through the lines of polished cars that all together carry an estimated value of $10 million.