Tractor sold at auction for almost £215,000 to businessman who grew up on farm

A 40-year-old tractor has bought at public sale for £214,400, in what auctioneers say is a UK file for a contemporary traditional machine.

The 1982 County 1474 “Short Nose” tractor would have value round £20,000 when it was initially purchased.

It was bought at public sale by 60-year-old Tom O’Connor, who grew up on a farm in Eire and later grew to become a collector.

Mr O’Connor, who owns a utilities enterprise and lives close to Manchester, mentioned: “I’ve lived within the UK for the previous 30-odd years and amassing these Fords which we had once I was younger is one thing which I’ve all the time aspired to do.

“Fortunately I’m now able in my life the place I can do this.

“This specific County had been completely restored and this was actually what I used to be searching for.

“It’s getting more durable to search out individuals who will do an excellent job of restoring these tractors, so I’ve been searching for a extremely clear instance, which is what this was.

“I’ve constructed a brand new shed on the farm for my assortment and the County will probably be residing in there, I intend to maintain maintain of it for the following era and don’t intend to promote it anytime quickly.

“I started collecting quite late in life and now have about a dozen tractors in my collection, a few of which have been restored.”

Oliver Godfrey, head of the equipment division at Cheffins auctioneers, mentioned: “The market is alive and properly, in actual fact it’s thriving, as collectors nonetheless have money within the financial institution which they need to put money into one thing tangible. One thing they will see and use and revel in.

“Collectors have gotten youthful, so the main focus available in the market is absolutely on tractors and equipment from the Nineteen Seventies, Eighties and Nineteen Nineties as they appear to purchase up part of their youth.

“It is impossible to put a price on the value of nostalgia.”

The auctioneers mentioned the most costly tractor ever bought on file was a 1903 Ivel Agricultural Motor, which fetched £328,600 at Cheffins in 2019.

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