Lot 436

Hershey 2023

1932 Stutz DV-32 Tonneau Cowl Four-Passenger Speedster by LeBaron


$225,000 - $275,000 USD | Not Sold

United States | Hershey, Pennsylvania



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  • The ultimate, most powerful Stutz model
  • The sole factory-catalogued dual-cowl phaeton design offered on the DV-32 chassis; one of two known survivors in this style
  • Desirable short-wheelbase chassis with lightweight aluminum coachwork by LeBaron
  • Powered by a 322 cu.-in. double-overhead-camshaft straight-eight engine equipped with a hemispherical combustion chamber cylinder head
  • Displayed at the 1995 Pebble Beach Concours d’Elegance; formerly of the Terence E. Adderley Collection

The Stutz DV-32 featured the last iteration of the famed Vertical Eight engine. Benefitting from a redesign by Charles “Pop” Greuter, the mill’s top end was equipped with double overhead camshafts, angled valves, and hemispherical combustion chambers. The upgrades produced some 156 horsepower, which was about the same horsepower-per-cubic-inch ratio as the Duesenberg Model J.

The DV-32 offered here was bodied in aluminum by LeBaron as a four-passenger speedster. Stutz Speedsters were offered in two variations, with or without the “dual-cowl” appointment of a rear tonneau and windscreen. Of the few surviving DV-32 Four Passenger Speedsters, this example is believed to be one of only two factory-built dual-cowl Speedsters in existence.

The ownership history of chassis number DV-26-1474 has been traced back to well-known San Francisco socialite, enthusiast, and early collector Scott Newhall. Later, it passed to prominent collector Charles Jones, who sold it to another collector in 1990. That collector spent the next five years exhaustively restoring the car, noting each component was carefully taken apart, rebuilt, and painted or chromed to factory standards. The engine, transmission, rear axle, and other drivetrain components were overhauled, rebuilt, and repainted, while the body panels and fenders were individually primed and painted before being mounted on the chassis.

Upon the restoration’s completion in 1995, the car was displayed at that year’s Pebble Beach Concours d’Elegance. Other awards include a Classic Car Club of America Senior win at the 1996 California Summer Grand Classic and First Place at the 1998 Silverado Concours d’Elegance. In 2015, the Stutz was acquired by noted Michigan-based collector Terence E. Adderley; it was subsequently stored in a climate-controlled environment and presents well today. It is accompanied by a collection of photos documenting the restoration, as well as information pertaining to its show history.

As one of the only dual-cowl phaetons to ride on the ultimate Stutz chassis, this car will make a superb addition to any collection of CCCA Full Classics.