ONCE the guy who bid the highest prices for old cars, super-rich
American developer Ron Pratte last month changed seats when he liquidated his
collection of over 1 600 pieces of automobilia at the auction where he bought
his “starter collection”.
In the decade since, he has rapidly assembled the biggest single
collection of cars and associated
memoribilia known in the 20th century.
memoribilia known in the 20th century.
Barrett-Jackson’s Scottsdale auction sold the collection last month
over a four-day period. Collectors at the famous auction in Arizona paid silly
money in part because items were owned by Pratte.
A quart can of Husky Premium Motor Oil fetched $2 300 (R27 000). A
1930s double-sided neon and porcelain Harley-Davidson dealership sign fetched
$86 250 (R1 million).
Despite his love for beautiful old bling, Pratte, of Chandler,
Arizona, is a very private guy who started out owning a fuel station and then
built up a wood frames and concrete business, which he “sold at the right time”.
This restored toy 1950s Caterpillar D-4 Diesel pedal tractor by AMF sold for $8 970 (R104 000). |
Those who met him say he is a humble and a true philathropist. He
was certainly not stingy when it came to charity, donating several cars that he
had bought at top dollar back to charities.
Pratte is still a recluse by American standards, but a post in 2009
by “Anonymous” to a report on him on the Just a Car Guy blog sums it all up:
“Not a lot of words but a lot of action. He took care of dad during his cancer
treatments for five years.”
According to Sports
Car Digest, Pratte told auctioneer Craig Jackson he decided to sell his
collection because his focus has changed.
Pratte now enjoys off-roading on his farm, driving sand rails (pipe
cars) and Honda Odysseys, or piloting a plane.
He said he only spent four days in his car collection and museum in
Chandler in 2013, which was not enough to justify a permanent facility and
staff.
The cars included over 70 toys and pedal cars. The highest priced
vintage pedal car, “electralised” or otherwise, prior to the Pratte Collection
auction, was a 1927 Auburn Boattail Speedster, which fetched $26 450 (R306 000)
in 2012.