The Academy of Art University is an art university located in San Francisco. The Academy was founded in 1929 as a private for-profit university. It currently has close to three hundred full-time professors that service close to thirteen thousand students. In addition, The Academy of Art University has close two twelve hundred part-time educators. This makes The Academy of Art University the largest private art university in the country. The Academy of Art University is one of the largest property owners in San Francisco. The Academy advertises itself as having an open admission policy with a hundred percent acceptance rate. Most students choose to attend The Academy of Art University for a couple of years as a supplement to their art education.
The Academy of Art University is notable for having one of the largest and rarest collections of vintage cars in the country. The automobile collection is made up of car owned by either the university or the Stephens family who are the founders of The Academy of Arts University. The total automobile collection of two hundred and fifty cars is estimated to have a value of seventy million dollars.
The Academy of Art University recently announced their plans to sell seven of their vehicles at auction. These cars are being sold in order to make room for more modern cars. The Academy of Arts University maintains this collection as a way of educating their students about automobile design and the history of automobiles. The Academy of Arts University teaches course on both automobile design and car restoration. The Academy of Arts University plans to open their collection of cars to the public. They plan to use the auction to generate funds to expand their collection in order to offer cars that the public would be more inclined to appreciate.
The oldest car set to be auctioned in a 1929 Düsseldorf Model J Convertible. This car is an example of classic coach building with only two hundreds of the type being built by a small car maker. The car has an estimated value of over one million dollars.