About: Kruse International

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Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952. 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. After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton. The Duesenberg was sold to Tom Monag

Attributes	Values
rdf:type	company yago:WikicatAmericanAuctionHouses yago:Abstraction100002137 yago:AuctionHouse108076946 yago:Business108061042 yago:Company108058098 yago:Enterprise108056231 yago:Firm108059870 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity yago:SocialGroup107950920 yago:WikicatDefunctCompaniesBasedInIndiana
rdfs:label	Kruse International (en)
rdfs:comment	Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952. 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. After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton. The Duesenberg was sold to Tom Monag (en)
dcterms:subject	1986 mergers and acquisitions American auction houses 2002 mergers and acquisitions Defunct companies based in Indiana 1981 mergers and acquisitions Auburn, Indiana EBay 1999 mergers and acquisitions
Wikipage page ID	14269667 (xsd:integer)
Wikipage revision ID	1062097019 (xsd:integer)
Link from a Wikipage to another Wikipage	Dean Kruse Dennis Kruse Detroit Tigers 1986 mergers and acquisitions American auction houses Labor Day 2002 mergers and acquisitions Defunct companies based in Indiana EBay 1981 mergers and acquisitions Auction Auburn, Indiana EBay Auburn, Indiana 1999 mergers and acquisitions Domino's Pizza RM Auctions Russell Kruse
sameAs	Kruse International Kruse International Kruse International Kruse International
dbp:wikiPageUsesTemplate	dbt:US-retail-company-stub dbt:Reflist
has abstract	Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952. 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. After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton. The Duesenberg was sold to Tom Monaghan, founder of Domino's Pizza and then owner of the Detroit Tigers. The Kruse family is also noted for conducting the $41 million sale of the famous William F. Harrah automotive collection. The sale of this 1,000-car collection was spread over three auction sessions in 1985, 1986 and 1987. The company was sold to ITT in 1981, but the family bought it back in 1986. It was then sold to eBay for $275 million in 1999 but was purchased back by Dean Kruse in 2002. 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. On July 1, 2010, Kruse sold its auction park, home to the annual Auburn auto auction, to RM Auctions of Canada. (en)
gold:hypernym	Firm
prov:wasDerivedFrom	wikipedia-en:Kruse_International?oldid=1062097019&ns=0
page length (characters) of wiki page	3383 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Kruse_International
is Link from a Wikipage to another Wikipage of	List of acquisitions by eBay List of companies named after people Dean Kruse Dennis Kruse List of most expensive cars sold at auction List of people from Fort Wayne, Indiana Genevieve Chappell Austin Trout Tina Louise Thomas Russell W. Kruse RM Sotheby's
is foaf:primaryTopic of	wikipedia-en:Kruse_International

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