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tv   Lou Dobbs Tonight  FOX Business  April 19, 2016 11:00pm-12:01am EDT

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sleep? take that. a breathe right nasal strip instantly opens your nose up to 38% more than allergy medicine alone. shut your mouth and say goodnight, mouthbreathers. breathe right. >> was he a lifelong hoarder or a shrewd collector? the answer lies inside this salvage yard filled with rusty old cars. >> did you know how many cars grandpa had? >> the locals say it's a worthless eyesore. >> whoo-hoo! >> his grandson calls it an "iron gold mine." [ auctioneer calling ] which is the truth? we're about to find out. >> sold it! [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] >> i'm jamie colby, and i'm just driving in to enid, oklahoma, which is about 90 miles north of oklahoma city.
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population -- roughly 50,000. right here in enid, they have the third largest storage capacity for grain on the planet. but wedged in between enid's silos lies the tale of a cantankerous legend who left his grandchildren with a very strange inheritance. >> my name is stuart piontek, and in 2003, my brothers and sisters and i inherited something pretty unusual from my grandfather. his name was oliver jordan, and he died at 95. he was a child of the dust bowl. grandpa would hold on to just about everything that passed through his life, whether it was a tin can, an automobile, a piece of copper wire. >> and oliver jordan kept it all here. for 60 years. this salvage lot was his home, his sanctuary, his fort knox. hi, stuart! >> welcome to paradise. >> i found it! the rusted old cars in this shed -- some of them relics of the roaring '20s -- are a few of
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the more than 200 that jordan accumulated over his lifetime. born in 1908, jordan was raised on a wheat farm. but his real interest was that fabulous new invention, the car. >> grandpa was around machinery all the time, and automobiles were just beginning to happen. he got interested, and it was just a lifelong passion. >> jordan grows up, gets married, and then, at 34 years old, abandons his wife and three young kids for a 16-year-old girl in town. >> when my mother and her brother and sister were still children, my grandfather left the family for another woman. her name was ruby, and that was quite a scandal. everybody was hurt by it. >> in 1946, oliver buys a salvage yard in enid, where he and ruby live, and where he makes money selling old cars and parts. oliver runs the salvage yard successfully for seven years.
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but then in 1953, he gets into a nasty argument with the town of enid over zoning and regulations -- two words he detests. >> the city came in and told him he had to put in a bathroom and do some other things, and grandpa just didn't like to be told what to do. >> he was just not a rule follower. >> yeah, he was like, "then fine. i'll close the doors." and that's what he did. >> oliver continues to hoard old cars. he cuts himself off from most of his family and rarely lets another soul inside the shuttered salvage yard. >> pretty much everybody in this town would drive by grandpa's property and see all these old cars sitting right there. and some people -- they thought they were an eye sore, you know. >> enid native brad waken recalls venturing over to the old man's place as a very young car buff in the 1970s. >> i walked across the street. it was, "mr. jordan, i'm looking for a starter for a continental six-cylinder engine. do you have one?" well, after a long pause he
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basically said, "well, it's gonna be $50." well, came back about a month later with my $50. he said, "nope. $75." [ chuckles ] i learned a little bit of horse trading at that point in time. >> as a boy, stuart never gets to know grandpa oliver. stuart's mom, oliver's daughter, dies when stuart is only six -- a tragedy that separates him further from his grandfather. >> we would come to town to visit my grandfather, and grandpa had all these cars out in front of his property. it's like a little boy's wonderland. and he had them protected with a fence and with big mean dogs. we couldn't get past the dogs. >> did you ever wish that he spent more time with you? >> you know -- >> were you curious about him? >> yeah, i was eager for the opportunity to get to know him. >> after his mother's death, stuart and his family move away. when stuart graduates high
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school in 1984, he decides to take a summer road trip back to enid. >> i got a greyhound bus ticket and went out to enid on my own. he took me over to his shop, and for the first time, i got to spend so grandfather. >> and with all those cars. sure, they look like heaps of scrap, but stuart comes to understand this was his grandfather's pride and joy, his collection. its centerpiece -- these two depression-era cords. >> grandpa had a fascination with the cord, because it was the first car that had front-wheel drive, and they had done some really ingenious things under the hood. >> after his high school road trip, stuart heads out west for college and then launches a successful furniture business in san francisco. then, in the fall of 2000, a call from out of the blue sends stuart scrambling back to enid. >> he opens the door [chuckles] and he's covered from head to toe in feathers.
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>> that's next. >> but first, our "strange inheritance" quiz question. the answer when we return.
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>> so, what was the lowest priced mass-produced american car? it's "b," the 1925 ford model t runabout. at $260, it sold for $5 less than the 1924 model. ♪ >> for half a century, cantankerous junkyard owner oliver jordan accumulates hundreds of old cars, some very rare and mostly intact, but all of them rusting as he grows old. then, in the fall of 2000, his grandson stuart gets a phone call that opens the door to a new relationship and to a strange inheritance. >> ruby, his companion of 60 years, had fallen off a ladder and broken her hip, and she was in the hospital. she called worried about grandpa, because he was back at the house and he was 94 years old. and that was the open door. >> and it took till his 90s,
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really. >> yeah, because of who he was. he didn't want to need anybody. >> stuart hops on a plane to oklahoma, not knowing what to expect. >> so, here i knock on the door. he's 6'4", and even at 94, he has got quite a commanding presence. and he opens the door [chuckles] and he's covered from head to toe in feathers. he and ruby had a couple of dogs, and one of the dogs had torn up the feather bed. there was something about him that still just commanded respect, even covered in feathers. >> seeing oliver in such a terrible state, stuart decides to stay in oklahoma for a while and take care of his grandfather. >> i was getting to know my grandfather through these cars. he was so proud to be showing them to me and me experiencing his life's work and his pride and joy. >> to stuart, two things become immediately clear. first, oliver knows he doesn't have much time left. and second, he's worried about the fate of those cars. >> at one point, he said, "thank god for you. thank god for you."
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and i think he was so worried about what would happen to his things. >> stuart's no car expert, but he does his homework and confirms that the centerpiece of the whole collection is indeed those cords from the 1930s, the ones he remembers from his high school road trip. what did the last cord sell for? >> i'm not sure, but maybe not more than 400 of these or 500 of these were ever made. >> best-case scenario. >> i'm thinking best-case scenario, restored, is probably $300,000, $350,000 maybe. >> thoughts like that lead stuart down a road that will take him more than a decade to travel and cost him plenty. just for starters, he lays out tens of thousands of dollars to ship in secure containers and build a steel storage building to house the most prized cars. >> it's his life's work, but also if these things are so valuable, why are they just rotting away here, you know? and someone has to step in and do something about it. >> in august 2003, oliver jordan
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dies at the age of 95, leaving his enormous automobile collection to stuart and his siblings. >> the original windows that they would stick in the sides... >> stuart tells me this 1924 rollin touring car is one of his personal favorites. the model was popular among bootleggers during prohibition. >> so, there's toggle switches on the dashboard where they would turn off the taillights if they were being followed by somebody. >> to hide the booze. >> that's right. >> but these cars represent just a snippet of oliver's vast collection. i've never seen anything like this, stuart. there are so many cars. >> it's quite a strange thing to inherit, isn't it? >> before he dies, oliver gives stuart some business advice. >> he said, "now, don't sell all of those cars and parts all at once. you sell them one at a time." 'cause you'd make more money that way. >> but after trying to sell a couple online, stuart realizes it would take the rest of his life to sell them one-by-one. turns out just getting the titles for all these old cars
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takes months. >> you had to get title to every single one of these cars? they're from the '30s. how do you that? >> let me show you. >> first, you have to find the cars' i.d. numbers. >> oh, my god. you can still read it! >> well, we had to polish it off. but we were able to actually get titles for the majority of the cars. >> the years click by like odometer miles. and stuart keeps spending more to authenticate and protect the old cars. a lot of plane trips from san francisco and back, too. by 2013, he says, he's invested $400,000 getting the collection primed for auction. ready or not, it's time to sell. >> hey, jamie. >> hi. how are you, yvette? stuart contacts auctioneer yvette vanderbrink to appraise the collection. so, is stuart sitting on a pile of junk or a potential gold mine? >> there's about 220 of them. they're mostly american cars,
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and they're pre-war, which is pre-1942. very rare cars, 'cause at the start of world war ii, they started limiting production. and you could only get one from a ration coupon. >> stuart and yvette make plans for a one-day auction right here on the salvage lot. word begins to spread about oliver jordan's old treasures. stuart soon learns that's not altogether a good thing. >> we arrived at the property and found someone had cut through the fence and then cut a hole in the side of this building the size of a human body, and they stole over 250 antique radiators, tons of chrome parts, a lot of nice stuff. >> the antique radiators alone are worth nearly $40,000. but the biggest loss for stuart is the theft of oliver's rare and beloved 1904 harley-davidson, possibly worth several hundred thousand dollars. >> so, it really set us back, and we had to hire additional security and we had to move the auction forward.
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>> that entails some word-of-mouth advertising by him and some seat-of-the-pants hot-rodding by me. you have this thing insured? >> yes, i do. >> oh, good thing, because there's a tree right there. that's next. [ tires squeal ] >> here's another quiz question for you. the answer when we return. shouldn't what makes each of us a unique individual,
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$11 million. >> stuart piontek is racing to auction off his strange inheritance -- hundreds of vintage cars. his grandfather's lifelong obsession has become stuart's own. he's invested 13 years and $400,000 in the collection. ♪ i catch up with him at the hot rod association rally in oklahoma city. >> hi, my name is stuart. did you know my grandfather? >> while stuart works the crowd, i'm gonna see if i can get behind the wheel of one of these souped-up automobiles. >> how are you doing? hey, i'm jamie. >> hello, jamie. >> how are you? >> hello, i'm steven. >> tell me about this car. >> well it's a '37 chevrolet, so it's 77 years old. so, i've had it quite a bit of it's life. >> part of the family. >> yes, it is. >> oh, my. i've just gotten the keys. >> we can do that. >> let's go. >> all right. >> you have this thing insured? >> yes, i do. >> oh, good thing, because
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there's a tree right there. >> all right. hold on. whoo-hoo! now we're talking! [ tires screech ] this would work for me in new york. auctioneer yvette vanderbrink is here, too. so, yvette, you know, you see these shiny red cars, and, i mean, you can tell there must be some value here. but some of them look like junk. but they're not? >> no. they're not junk. you know, it's a different trend in the car-collecting hobby now. >> that trend is called patina. it refers to the factory-original paint that shows the ravages of time. some car collectors relish that vintage, barn-find look and spray a clear coat of varnish on top to preserve it. that could be good news for the rarest cars stuart has -- those two cords from the 1930s. but if you're like me, you're wondering what they might look like restored.
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i didn't have to go far to find out. remember brad waken, who once tried to buy a starter from old oliver jordan? he's now a cord aficionado. he's spent over 30 years restoring this cord. it's a stunning example of what a cord looks like in all its glory. >> we went through the engine, we painted it, we fixed the interior. it's something that we looked at restoring history and not just putting on a nice paint job and chroming everything. [ indistinct p.a. announcement ] [ auctioneer calling ] >> on june 7, 2014, it's finally the big day of the auction. >> we're gonna have fun and we're gonna book and i just killed 10 minutes. >> auctioneer yvette vanderbrink welcomes a crowd of at least 300 people. >> hope i covered everything for you. all right? >> stuart's sister starla crosses her fingers. >> it's been a lot of hard work. i hope that stuart just at least
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he gets back what he's put into it and that my other siblings, that what they've put into it, they get back. >> all right, guys! this was one of mr. jordan's favorite vehicles. >> stuart's put in 400 grand. will he get it back? >> $35,000. >> i have $40,000. >> $40,000. >> that's next. the e-class has 11 intelligent driver-assist systems. it recognizes pedestrians and alerts you.
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if you have these, stop chantix and call your doctor right away as some can be life-threatening. tell your doctor if you have heart or blood vessel problems, or develop new or worse symptoms. get medical help right away if you have symptoms of a heart attack or stroke. decrease alcohol use while taking chantix. use caution when driving or operating machinery. most common side-affect is nausea. life as a non-smoker is a whole lot of fun. ask your doctor if chantix is right for you. >> now back to "strange inheritance." >> the buzz over oliver jordan's antique-car auction has brought collectors from all over the country to enid, oklahoma. some are just looking to buy parts, but others are here with plenty to spend for just the right vehicle. >> i came with a trailer and a pick-up, and if i have to, i'll run back and get a bigger truck and a bigger trailer to haul more cars. [ auctioneer calling ] >> you have to be quick to
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purchase in this game. these cars can go in less than a minute. >> [ calling ] sold it! [ calling ] sold it! sold it! sold it! sold it! $9,600. >> people seem in good spirits, and things seem to moving pretty well, so it's going pretty good. >> stuart's cautiously optimistic as oliver jordan's two beloved cords are about to go up for bid. stuart thinks they'd each be worth six figures if fully restored. but how much in this condition? >> the 1937 cord 812 beverly supercharged. this was one of mr. jordan's favorite vehicles. it's going to need every little piece restored. okay. $35,000. >> i have $40,000. >> $40,000. >> yes! >> now $42,000. [ calling ]
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sold it! $42,000. going to new york. >> what will the second cord fetch? >> tara, what do you got? >> i got $20,000. >> $20,000, and we're going. [ calling ] sold it! $22,000. >> it's over in seconds. the same anonymous telephone bidder pays $64,000 for both cars. stuart says he's not disappointed. >> in this condition, that's a great price for them -- as much as we could have hoped for. and it's really great because they're gonna move on. >> after an emotional day, the grand total for this auction -- $540,000. subtract the $400,000 stuart
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invested and it's a profit of $140,000 to split with his siblings. add in all that time the family invested in this strange inheritance, and it's no windfall. >> so, here we go. >> whoo-hoo! >> that's a good one. >> all right. >> then again, watching the grandchildren of oliver jordan pop open the bubbly has to make you wonder -- was their 13-year-old enterprise ever really about turning rusted iron into gold? or was it about a different kind of alchemy -- one, perhaps, that restores broken and brittle family ties into strong, lifelong bonds? >> we lost our mother when we were rather young, and we didn't really get to know her parents that well, and so this brought us closer. >> would grandpa -- what would he say? he'd say, "stuart..." >> i think he'd say, "i'm proud of you," you know? >> would that be important for you to hear from your grandfather? >> yeah, definitely.
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and that's really what it was about for me -- doing right by him and by my family. >> stuart sold all of his grandpa's cars, and he regretted losing only one -- the 1924 rollin touring car. it was a favorite of prohibition bootleggers, and on auction day, an 86-year-old woman came just to see it. she explained that her grandfather had driven it to the hospital the day she was born and then sold it to oliver jordan. of all the stories about this strange inheritance, this may have been stuart's favorite. so, stuart asked the man that bought the touring car -- for $4,800 -- to let him know if he ever resold it. stuart might want to buy that one back. i'm jamie colby for "strange inheritance." thanks so much for watching, and remember -- you can't take it with you. do you have a strange inheritance story you'd like to
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share with us? we'd love to hear it. send me an e-mail or go to our website, strangeinheritance.com. >> he was the man who had everything... >> this has about 750 to 800 horsepower. >> ...but never enough of these. >> he told me he was bringing in about one tank a week. >> i imagine a small country could win a war with these. >> yeah, i hear that a lot. >> my dad started a tradition of getting an old, beat-up car, and then he would crush it with a tank in the field out here. >> his death puts his heirs on a mission. >> is this what your dad would want? >> you push up on that. >> start. [ engine turns over ] >> just like that, she comes to life. >> and talk about sticker-shock and awe. >> was the auction a nail-biter? >> you bet it was. >> $300,000. $350,000. sold. ♪
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>> i'm jamie colby, and, today, i'm driving up a long, steep hill in portola valley, california, near san francisco. i'm here to visit the heirs of a man who made the record books with his incredibly strange collection. and if i'm lucky, i may even get to ditch this s.u.v. and take the controls of a serious off-road ride. >> my name is allison littlefield. these are my half brothers, david and scott. >> when our father died, in 2009, we inherited 240 armored military vehicles. >> lots and lots of tanks. >> hi, allison. i'm jamie. >> hi. nice to meet you. >> thanks for having me up. this is a magnificent ranch. the ranch is very nice, but i'm here to see something else. >> come this way. >> these are real? >> these are real. >> this is one of several
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buildings on the littlefield ranch where they garage their strange inheritance. some guys collect stamps and coins. their dad, jacques littlefield, collected tanks. in fact, what you see here is part of the world's largest private collection of armored vehicles. allison tells me some of these tanks are incredibly rare, including this world war ii german panzer iv... this 8-ton half track... and this sherman tank. what a collection. >> it is a real preservation of history, and that's what i'm so excited about. >> so, how did all of this get started? well, jacques littlefield is born in 1949, the son of edmund wattis littlefield, heir to a prosperous mining and land-development company called utah construction. at an early age, jacques develops a strong interest in all things mechanical. >> this is him as a young boy,
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playing with his model train set. >> he looks almost like he could be in an ad for trains. >> i know. it's such a sweet picture. [ gunfire ] >> in the late '60s, the vietnam war is raging, but jacques is never drafted, due to hearing loss from a childhood bout with encephalitis. he attends stanford university. after majoring in economics, he goes to b-school, then takes a job at hewlett-packard. that's where the 23-year old littlefield meets his new boss, bill boller, who becomes a lifelong friend. he shares with bill his latest passion -- tanks. where did it begin? >> he checked a book out of the library called "american tanks and tank destroyers." and that book attracted his attention so much that he said it all started there. >> jacques' first military purchase -- in 1976, for $3,500 -- is this m3a1 world war ii wheeled scout car, which saw combat both in north africa and the invasion of
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sicily. i find it ironic that he collected tanks even when people were anti-war. would he have shown up at a protest? >> jacques was conservative in his politics, so no. he would definitely not have shown up at a protest and probably would have pretty much ignored it. >> 1976 is also the year jacques' father sells the family business empire to general electric, in what was then the biggest merger in u.s. history. his dad's now a billionaire, and son jacques leaves h-p to manage his personal fortune. he takes up residence here, at pony tracks ranch, gets married, and starts a family. scott, what do you remember most about your dad? >> building stuff. we used to go to the woodshop and make things there. i'd have birthday parties, and we'd get to go around on a sherman tank. >> one of my favorite events was our 4th of july party. [ all cheering ] my dad started a tradition of getting an old, beat-up car, and then he would crush it with a
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tank in the field out here. >> [ laughs ] >> a truly successful army is one that will not be called upon to fight, for no one will dare to provoke it. >> the timing of jacques' interest in tanks is perfect. with the u.s. military expanding under president reagan, the pentagon is getting rid of a lot of outdated equipment. jacques snatches up a few tanks and then a few more, including this m5a1 stuart tank, built by cadillac back in 1943, a model used in the invasion of normandy. jacques buys it for $20,000. the end of the cold war and then the first gulf war lead to more tank-buying opportunities. jacques pounces. sherman tanks... this m1917 "6-ton tractor"... a russian t-72 used by saddam hussein's forces...
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even a scud missile launcher. jacques builds these barns to house them all. >> this is him working at the tank-restoration shop here on property. he was very involved in the process. he really enjoyed it. >> so it's a professional operation. >> oh, yeah. i mean, he had a great team of people who would rebuild these things down to the nuts and bolts. >> i remember i was in ukraine and i saw a tv show starring my dad. >> this has about 750 to 800 horsepower. >> it was a strange experience. >> in 1999, at the age of 50, jacques is staggered by a colon-cancer diagnosis and goes into treatment. >> i was in a bit of shock when i first found out. >> did he tell you or did he hide it to himself? >> he was very good at hiding it. >> he always had a really positive attitude. >> and a life's-too-short outlook that, as his cancer goes into remission, sends his
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tank-buying into overdrive. >> he told me he was bringing in about one tank a week. >> do you have any idea how much money he spent? >> [ laughs ] >> a lot. >> yeah. i prefer not to think about it sometimes, but, yeah, definitely, it was his passion. >> coming up, the tank -- and the challenge -- jacques littlefield was most passionate about. plus, it's my turn at the controls. okay, i'm up. how do i get in? >> any way you can get down in there is fair game. >> but, first, our "strange inheritance" quiz question. how did these armored vehicles become known as "tanks"? the answer in a moment. listerine® kills 99% of bad breath germs. this is 100% useful for a 100% fresh mouth.
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>> the answer is "c." during world war i, the british coined the term as a code name to keep their development a secret. >> i try not to have too many duplicates of what other collections would have lots of. >> in the early 2000s, jacques littlefield, the world's foremost armored-vehicle collector, seems to be beating colon cancer. the fight lays him low, physically, but it only revs up
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his passion for tanks and more tanks. he asks his dear friend bill boller to help restore them. >> he told me he was bringing in about one tank a week, every week for the last several years. >> by 2007, jacques' shopping spree gets him into the guinness book of world records for the largest private collection of armored vehicles, with 229 of them. only a year later, he has 240. but his cancer returns with a vengeance, and in january 2009, he tells bill he's just hoping to finish one thing before he dies -- the ongoing restoration of a super-rare german panzer v panther. jacques considers it his greatest find. >> the story, as we understand it, was -- it had to retreat, and on its way through poland, it attempted to cross a frozen river. and the tank broke through the ice and fell to the bottom. it sat under this river for
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about 50 years. >> it's not in good condition. >> this particular restoration started off looking worse than this turret right here. it was remanufactured here in its entirety. >> just in time for a fast-fading jacques littlefield. >> we had a discussion about it, and although the turret had not been put on it, he smiled and he said, "i'm satisfied". >> look at it now. how long does this take? >> the total restoration took seven years. it's one of only two that are really restored to this degree. >> how much did he pay for it? >> this is a fairly valuable tank. there are multiple millions of dollars in it. >> on january 7, 2009, just days after he tells bill boller he's satisfied, jacques littlefield passes away at the age of 59. [ bagpipes playing ] >> there was a procession, and the coffin was carried on the back of a tank.
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>> the mechanics he'd been working with thought that would be a fitting way to send him off. >> jacques wills the entire tank collection to his children. >> it was really scary to lose him so young. i turned 20 a month before he passed away, and it kind of went from being in college to having to take on a lot of responsibility very quickly. >> so, what do you do when you've inherited a collection of 240 armored vehicles? in keeping with jacques' wishes, there's a trust for the tanks, controlled by allison and her half brothers, but no instructions on what to do with them. >> he never left me with any sort of message regarding the tanks, specifically. >> so the siblings call jacques' friend bill boller back to active duty. he'll lead the littlefield heirs through the quagmire ahead. >> the objective was to find a long-term solution. >> in the short term, i'm wondering what it's like to
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drive one of these things. >> why don't you climb up and get in the driver's seat? >> right on cue. bill says it's an m551 sheridan, one of jacques' favorites. okay, i'm up. how do i get in? >> any way you can get down in there is fair game. >> i can always get new knees, i suppose. >> [ laughs ] >> if you look on the floor, you'll see there's a great, big single brake in the center. >> got it -- brake. >> and there's a foot throttle on the right. >> probably no texting at this time. >> probably not a good idea. >> okay. >> we're not gonna turn on anything else other than, now, the starter, which is the next lever over. you push up on that. >> start. [ engine turns over ] >> just like that, she comes to life. >> oh, my gosh. >> okay. so... >> are you belted in? >> i've got a great, big handle i can hang on to here, and if i get in trouble, i'll just jump. put your other foot on the accelerator and let the brake off, and we're out of here. go for it. ♪ pull hard as you can.
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pull real hard. give it lots of gas. [ tracks screech ] right there is just fine. >> i think that's good. [ engine shuts off ] oh. enjoyed it so much. i can't wait to do it again. [ laughs ] can i come back tomorrow? >> well, we've got 80 more that you've got to try. they're all different. >> i should test-drive them before i make a decision. >> [ laughing ] yeah. >> after their father's death, the littlefield heirs retain a skeleton crew of mechanics, just to keep all those tanks in good shape. did you ever say to yourselves, "let's just sell it"? >> no. >> i was hoping that we could maybe keep the collection somewhere locally, but after all those options were explored, there wasn't any way we could keep the collection together
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here. >> then, in 2013, a visitor from the east drops in. rob collings represents a well-to-do family in massachusetts that's devoted to military history. >> let's go for a flight. >> he tours the country with world war ii planes, like this b-17 flying fortress. collings is looking to maybe buy a tank or two, when bill boller takes the conversation to a whole new level. >> bill said, "you know, i don't want to sell you a tank." i thought to myself, "what did i say?" he goes, "i want you to have the whole collection." >> in short order, the two men draw up a plan to create a jacques littlefield tank exhibit in massachusetts. >> we would grant all the assets to them, and they would take the responsibility to provide the plans for a building, the land for a building. >> but just because you're willing to give away a fleet of tanks doesn't mean you can just hand over the keys and be done with it.
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is a family that inherits something this vast responsible for also raising the finances to do it? >> i don't know of any museum, even those that are well-funded, that would volunteer and come in and take on this type of a responsibility. >> for this entire scheme to work, the littlefields must accept an arrangement to raise a certain amount of money. did you know what that number was? >> yes. >> and it's a big chunk of change. can they do it? >> sold. >> that's next. >> here's another quiz question for you. this german personnel carrier from jacques littlefield's collection was driven by lee marvin in the world war ii classic film "the dirty dozen." what's this model of half-track called? is it a... the answer when we return.
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esurance. backed by allstate. click or call. >> so, what's this 12-ton vehicle used in the world war ii classic "the dirty dozen" called? it's "a," a prime mover. lee marvin drives it, playing an insubordinate officer on a top secret mission to assassinate a group of nazi generals. >> it's july of 2014, and the littlefield family is nervous. they've agreed to donate their strange inheritance -- the largest private collection of armored vehicles in the world -- for a new museum to be built by the collings foundation, in massachusetts. the foundation cannot house all 240 tanks in the museum, just the cream of the crop. >> we had a methodology going into this of what vehicles we wanted to present, and that boiled down to 85 tanks. >> they're jacques littlefield's
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greatest treasures. they include the personnel carrier used in "the dirty dozen" and the german panzer v panther tank that jacques littlefield finished restoring right before he died. littlefield's kids wish collings didn't have to split up their dad's collection but know some must be sacrificed to fund a permanent home for the rest. and museums cost a lot of money. so, along with bill boller, they gear up for a barn-burner of an auction on their ranch outside san francisco. it's not easy to put a collection together and have the funds to open up a museum. did you know what that number was going into the auction? >> yes -- around $10 million. >> $10 million dollars, and failure's not an option. if the numbers fall short, some of their father's most prized vehicles that they dearly want in his namesake exhibit must go. >> we picked out five very, very
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rare vehicles and we put a high premium on those. >> valued at several hundred thousand dollars each, the five include this sherman tank, the last of its kind... a german 8-ton half-track, just as coveted as the 12-ton used in "the dirty dozen"... an american amphibious assault vehicle... a german panzer iv... and this jumbo sherman, one of just eight in the world. what was that day like? >> i don't even know how to describe it. it was a little bit nerve-racking, like, "oh, are we gonna raise the amount of money that we need?" [ auctioneer calling ] >> the auction seems to get off to a strong start. this 2s7 self-propelled gun fetches $92,000. this humber armored car -- $97,000. amphibious tank -- $172,500. grant tank -- 276k. stuart tank -- 310k.
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and that scud missile launcher goes for $345,000. they're north of a million, heading toward 2, but still a long way from 10. will they have to sell any of those rare tanks to reach their objective? >> that was the million-dollar question. >> the answer next. what's your strange inheritance story? we'd love to tell it. send me an e-mail or go to our we'd love to tell it. send me an e-mail or go to our website, strangeinheritance.com.
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>> now the conclusion of "strange inheritance." >> for all their lives, the children of jacques littlefield watch their dad collect tanks, tinker with them, and deploy them in the coolest birthday-party entertainment ever. after he dies, they decide to share their strange inheritance with the world. what's it gonna be like to go into the structure and not see tanks anymore?
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>> i don't know if it's so much as seeing tanks as it's the smell of the diesel and the grease that i really love. >> $200,000 to start the bidding. $200,000. >> having agreed to donate the collection to the collings foundation, allison and her half brothers must watch some of their dad's tanks be auctioned off in order to raise $10 million to erect a museum in his honor. [ auctioneer calling ] but as the auction nears the end, it appears receipts are still short of that target. at least one of five super-rare tanks the littlefields fervently hoped to see in the museum may have to be sold, but which one? >> sold. >> the bidders get to choose. only one of the five tanks attracts a bid above the confidential reserve. it's the 8-ton german half-track, a hot ticket from world war ii. and it goes for $1.2 million. the auction passes the $10 million mark. for the littlefields, it's
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mission accomplished. is this what your dad would want? are you convinced? >> i think this is definitely the best option that we have available to keep the core collection together and have his name attached to it. >> when we are through with the collings museum, this will arguably be the finest collection of its sort anywhere. >> and it'll be the littlefield collection. >> it'll be the littlefield collection. remember how we told you about jacques littlefield's july 4th tradition, when he would haul out an m60 patton tank and stage a fight between the tank and a civilian car? it's so much fun, we thought you might like to see another of jacques confrontations. [ all cheering ] >> [ lau >> all right in your own backyard. what a dad. i'm jamie colby for
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"strange inheritance." thanks so much for watching. and remember, you can't take it with you. >> a letter arrives in the mail with news of a strange and lucrative inheritance. >> the letter goes on to say, "if i got a letter like this, i would think it to be a scam." >> and i was like, "why are we named? somebody's scamming us." >> so, is it a scam? >> i said, "you know, ray, there's a fine between genius and idiot." he'd say, "yeah," and he said, "i cross that two or three times a day." >> who is this mysterious benefactor? >> he was a hidden man. >> he didn't have the family life. he didn't have a friend to talk to. >> he really, truly was a fan. >> but an inheritance? >> that's a strange inheritance and a stranger story still. [ door creaks ] [ wind howls ] [ thunder rumbles ]

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