Rare vintage farm tractor sold for $420,000 at multi-million dollar auction

And you thought used cars were expensive these days.

A rare farm tractor has been auctioned off for $420,000.

The 1917 Willmar Little Oak was part of the collection of the George and June Schaaf Tractor and Truck Museum.

The Frankfurt, Illinois attraction closed this year after three decades of operation.

FAMOUS CHICAGOLAND TRUCK AND TRACTOR MUSEUM AUCTION ITS MULTI-MILLION DOLLAR COLLECTION

George Schaaf’s Willmar Little Oak sold for $420,000.
(Mecum Auctions)

The Little Oak is the last known example of this type and represents a breakthrough in tractor design.

It is the last of its kind known to exist.

It is the last of its kind known to exist.
(Mecum Auctions)

It was the first advertised as a “one-man tractor” with controls that allowed the driver to raise and lower the plow without getting out.

The Little Oak has a 40 hp engine with 20 hp drawbar power.

The Little Oak has a 40 hp engine with 20 hp drawbar power.
(Mecum Auctions)

The 40 horsepower Little Oak is fully operational and has been painstakingly restored to new condition by Schaaf.

“When I restore them, I pull them out and use them right away. A lot of people restore them, and they don’t show them at all, they just leave them in a barn,” he told Fox News Digital. about the museum’s collection.

George Schaaf has been collecting and restoring classic tractors since the 1980s.

George Schaaf has been collecting and restoring classic tractors since the 1980s.
(Mecum Auctions)

Dozens of vintage tractors were sold at the Oct. 1 auction, including four others for more than $250,000, including another 1917 model.

This 1917 Allis-Chambers 10-18 is one of the few still in existence.

This 1917 Allis-Chambers 10-18 is one of the few still in existence.
(Mecum Auctions)

The 1917 Allis-Chalmers 10-18 three-wheeler is also rare and one of the few that still exist in any condition, let alone fully restored, and sold for $262,500.

The 1913 Hart-Parr 30-60 sat unused on a farm for 70 years.

The 1913 Hart-Parr 30-60 sat unused on a farm for 70 years.
(Mecum Auctions)

A 1913 Hart-Parr 30-60 went for $278,250. Schaaf was the fourth owner and completely restored it. The third found it on a farm in Montana in 1986 where it had sat unused for about 70 years, but was able to get it working again, earning it the nickname Old Reliable.

Schaaf restored this 1924 Minneapolis 35-70 with new sheet metal and wood.

Schaaf restored this 1924 Minneapolis 35-70 with new sheet metal and wood.
(Mecum Auctions)

The 1924 Minneapolis 35-70 was the youngest of the big-bid tractors and its body restored with new sheet metal and wood, but sold for the third-highest amount at $283,500.

The Gas Traction Company Big Four 30 was the largest tractor of its time.

The Gas Traction Company Big Four 30 was the largest tractor of its time.
(Mecum Auctions)

The Big Four 30 from Schaaf’s Gas Traction Company was the biggest tractor of its day and made a pretty impressive bid of $294,000. It is a “prairie tractor” designed to plow virgin land and advertised with the slogan “Thirty horses can’t do what the Big Four ’30’ can do for you”, the name referring to its 30 horsepower four-cylinder engine.

JAMES BOND’S ASTON MARTIN “NO TIME TO DIE” SOLD AT AUCTION FOR MORE THAN $3 MILLION

Ten other tractors sold for over $100,000, but Schaff kept a special one for himself. It is one of five remaining Case 40/72S and one of his favorites that he likes to bring to tractor shows.

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“It’s powerful. When I enter draw contests, it usually wins.”

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