Author Topic: New high sale price for a 69 Mach 1  (Read 8172 times)

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Offline Mike_B_SVT

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Re: New high sale price for a 69 Mach 1
« Reply #15 on: January 15, 2015, 10:48:56 am »
did you see the yellow 70 Eliminator for 120K?

Yessir!  Crazy money...



Yes, it was a very nice, clean, beautiful car that was done well, but the Eliminator was far from factory correct.  It was more in the "resto-mod" category.

painted on stripes
appears to wrong shade of yellow
color change interior (originally houndstooth)
underside painted yellow too
lots of chromed items under the hood

I'm not bad-mouthing the car.  It is still a great, rare car, and I hope that the new owner will take it out and enjoy it!


While I have never seen any of Ron Pratt's cars in person but  they touted he bought the best of the best-hence the "crazy" prices paid for some of the cars. I hope someone has more info on this black car. The rumor was it won many awards then  many rare parts were replaced with repo parts for auction. I remember someone saying Ron bought it. Same car?

From walking through the gallery I got the impression that he was an eclectic collector.  He bought anything that caught his eye - correct or not.
~ Mike B.

2003 Mustang Cobra Convertible
Sonic Blue 1 of 354

1970 Cougar Eliminator (Competition Gold / Black Decor Interior)
1 of 70 with 428SCJ, Ram Air, 4-speed.

Offline redscj

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Re: New high sale price for a 69 Mach 1
« Reply #16 on: January 15, 2015, 11:03:11 am »
     I know that many members are happy to see higher prices. I can understand that. But I question if that is really such a great thing. True, those that have a good/great car can salivate at their wise investment. Also remember what happens when the stupid/speculative money leaves the market.
     What does higher prices do for the hobby? Does it drive better/more reproduction parts? Doesn't the cost of entry into the hobby go up for new owners? As nos parts dry up, what happens to the owners that may need them for a less than BJ level of car? How many people are squeezed out of driving their car because the insurance moved up or they're not willing to risk damaging their car?
     Could we add to this thread what some of the negative ramifications are?
Grant
69 Mach 1 Dearborn SCJ 4.30 4spd 6/17/69 Candy Apple Red
69 Sportsroof Metuchen SCJ 4.30 C6 5/28/69 Acapulco Blue

Offline 161854

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Re: New high sale price for a 69 Mach 1
« Reply #17 on: January 15, 2015, 12:20:32 pm »
  Wasn't the black Mach a 2 time MCA gold winner, Dick Bridges maybe?
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Offline anghelrestorations

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Re: New high sale price for a 69 Mach 1
« Reply #18 on: January 15, 2015, 04:10:02 pm »
Yes same Mach 1.  Was in Pennsylvania for years until it was sold at Barrett Jackson a few years ago for $115K or so.  Top notch car really.  People like a car with a good history and this one has it.   

Marcus Anghel
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Offline Mike_B_SVT

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Re: New high sale price for a 69 Mach 1
« Reply #19 on: January 15, 2015, 04:54:15 pm »
Marcus, did you get a picture of the Marti for that one?  Just curious...
~ Mike B.

2003 Mustang Cobra Convertible
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1970 Cougar Eliminator (Competition Gold / Black Decor Interior)
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Offline Vcode

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Re: New high sale price for a 69 Mach 1
« Reply #20 on: January 15, 2015, 09:41:22 pm »
Was this the car that was at Carlisle in 2007?








'69 Mach 1 SCJ

Offline anghelrestorations

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Re: New high sale price for a 69 Mach 1
« Reply #21 on: January 15, 2015, 09:52:28 pm »
Thats it....same car.  I saw it at Carlisle that year as well.  I dont have a copy of the Marti Report but the window sticker you can see on the previous post.
Marcus Anghel
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Offline perkinsrestoration

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Re: New high sale price for a 69 Mach 1
« Reply #22 on: January 16, 2015, 12:08:17 am »
That's a nice car! $$

It reminds me of my situation in 1993.

The Mustang Monthly Magazine used to print "world record" sales. Then, the highest sale for a CJ was $26k US which had been restored by Bob Perkins.
I had just restored a Black Jade 69 Cobra Jet to concours condition (1993) which sold to Japan for approx $45k US
I faxed Mustang Monthly with evidence of my sale, and their response was that their "world record" sales are only sales in America  :-\  :o  (only in America ;D)



I think you have your facts wrong. The only two Mach1's Perkins has restored is Jacky Jones Red SCJ he still owns and the black Dick Bridges(Ron Pratte) car. Most high end cars sell privately and the magazines don't have any knowledge of the sale. The Pratte black Mach 1 holds the record for most MCA Thoroughbred gold awards (9). Ralph Papa showed the car for several years after he purchased it from Dick Bridges. The first MCA show was May 1993 in Marietta, GA 22 years ago.  Dick replaced it with the Blue 4:30 Mach I currently own.

Offline sjrdcr

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Re: New high sale price for a 69 Mach 1
« Reply #23 on: January 16, 2015, 12:05:15 pm »
This car was once owned by Ralph Papa in Pennsylvania. I believe he was the one who commissioned and or performed the restoration. Being well acquainted with Ralph, I was able to see this car on several occasions when he owned it. Very top notch, high dollar restoration.
Sandy and Pete

Offline Kiwi

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Re: New high sale price for a 69 Mach 1
« Reply #24 on: January 18, 2015, 05:15:28 pm »
The Marti report that was taped on the car says that it is supposed to be Indian Fire.



I dont get it.
How can a car with a colour change win a MCA Thoroughbred gold awards? (dosn't make sense to me).
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1970 Superbird, 440, 6 pack, 4 speed
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Offline 70 BOSS 302

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Re: New high sale price for a 69 Mach 1
« Reply #25 on: January 18, 2015, 06:46:31 pm »
I don't get it either Gary. Barrett-Jackson always seems to leave me scratching my head in disbelief. Instead of restoring my SCJ Sportsroof, I guess I should have just left the mini-tubs and cage. Painted it red with a big black stripe, put on a tunnel ram and Shelby tail lights and sold it for 120K...  Futhermore, I am sure Ron Pratte is a nice guy but does the fact that he used to own a car make it worth twice as much as it should be worth. How about his 67 GT500 that went for 400K :o :o Maybe if it was Jim Morrisons car, maybe...
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1970 Ranchero GT - 429 - C6

Offline anghelrestorations

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Re: New high sale price for a 69 Mach 1
« Reply #26 on: January 18, 2015, 07:19:12 pm »
The car is a real deal car....the Marti Report is for the wrong car.  Mistake on the side of Barrett Jackson.  The VIN number does not match the car's VIN so someone put this one on by mistake.
Marcus Anghel
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Offline Kiwi

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Re: New high sale price for a 69 Mach 1
« Reply #27 on: January 18, 2015, 08:38:11 pm »
The car is a real deal car....the Marti Report is for the wrong car.  Mistake on the side of Barrett Jackson.  The VIN number does not match the car's VIN so someone put this one on by mistake.

What a big mistake! $$
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1969 Cyclone, 390, 4 speed, 23000 miles
1970 Superbird, 440, 6 pack, 4 speed
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Offline shelbymann1970

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Re: New high sale price for a 69 Mach 1
« Reply #28 on: January 18, 2015, 09:04:02 pm »
I don't get it either Gary. Barrett-Jackson always seems to leave me scratching my head in disbelief. Instead of restoring my SCJ Sportsroof, I guess I should have just left the mini-tubs and cage. Painted it red with a big black stripe, put on a tunnel ram and Shelby tail lights and sold it for 120K...  Futhermore, I am sure Ron Pratte is a nice guy but does the fact that he used to own a car make it worth twice as much as it should be worth. How about his 67 GT500 that went for 400K :o :o Maybe if it was Jim Morrisons car, maybe...
wELL DID YOU SEE THE "OLD SCHOOL 55 cHEVY GASSER TYPE? Primer gray, caged, radiused rear wheel wells and some ugly sheet metal scoop. Went for 140K WTFFFFFFF??? What did I MISS on this car?


1969 Mach1 R-code red 428SCJ 4 speed V-code
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Offline shelbymann1970

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Re: New high sale price for a 69 Mach 1
« Reply #29 on: January 18, 2015, 09:36:42 pm »
That's a nice car! $$

It reminds me of my situation in 1993.

The Mustang Monthly Magazine used to print "world record" sales. Then, the highest sale for a CJ was $26k US which had been restored by Bob Perkins.
I had just restored a Black Jade 69 Cobra Jet to concours condition (1993) which sold to Japan for approx $45k US
I faxed Mustang Monthly with evidence of my sale, and their response was that their "world record" sales are only sales in America  :-\  :o  (only in America ;D)



I think you have your facts wrong. The only two Mach1's Perkins has restored is Jacky Jones Red SCJ he still owns and the black Dick Bridges(Ron Pratte) car. Most high end cars sell privately and the magazines don't have any knowledge of the sale. The Pratte black Mach 1 holds the record for most MCA Thoroughbred gold awards (9). Ralph Papa showed the car for several years after he purchased it from Dick Bridges. The first MCA show was May 1993 in Marietta, GA 22 years ago.  Dick replaced it with the Blue 4:30 Mach I currently own.
Bob ,thanks for the comments/facts. I heard that many NOS parts were taken off of this car before it sold to Pratt at BJ. Some said that the seller talked about pulling off NOS parts like tires and the battery before selling it at BJ. To your knowledge is this true? In other words is this the SAME car parts wise that won some many t-bred golds? Thanks. Gary


1969 Mach1 R-code red 428SCJ 4 speed V-code
1970 Shelby Gt350 v