Barrett-Jackson, WestWorld, Scottsdale, Arizona, The Pratte Collection Tuesday, January 13, 2015
This is a brief ‘heads-up’ on the Tuesday group of cars from Ron Pratte’s collection at Barrett-Jackson WestWorld.
There were 110 lots, mostly cars, of which were offered without reserve. They brought a total of $13,272,600.
Sixty of them had sold at auction since 2004 i.e., probably to Ron Pratte. Of those, forty-five realized prices (with commission) higher than they brought in the most recent earlier transactions.
And Ron Pratte – except where charity sales were involved – was not known for being parsimonious.
In total the cars with prior sales brought a nominal positive return of $1,851,030 on a total transaction value of $8,425,450. The math says that is 22% more than their most recent prior transactions.
This analysis is apples-apples: both old and new values include the auctions’ buyers’ commission. To go further entails several levels of conjecture.
Also, keep in mind that all of the Pratte cars were at least as good on Tuesday as they were in their earlier action transactions. Most were better, in some cases much better.
Ron Pratte has been a superb custodian, sparing nothing in maintenance and care.
The Big Pratte vehicles (Futurliner, Shelby Super Snake, etc.) cross the Barrett-Jackson auction block during Saturday Prime Time. It should be interesting; live on Discovery, then Velocity. Check your local listings for times.
Barrett-Jackson Pratte Collection 2015 – Tuesday Auction Report
[Source: Rick Carey]