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We purchased at Bob Pelzel's auction early summer in Sleepy Eye, MN a 1964 M-M M602 gas adjustable wide front, 3-point, new paint, good tires, runs excellent for $2,500. This was a good price. The tractor got a lot of positive comments when shown this summer. Ken H. did a fine job in restoring this tractor. A 1964 non-running tough appearance tractor sold at auction at the same location last weekend for about $600. No 3-point hitch. The 1999 Intertec used tractor price guide shows a range for a 1963 M602 LP (not 4WD) from $2,960 fair, $3,480 good, and $4,420 premium. These figures are estimated average value less repairs. Your asking price may depend on relative value of Minneapolis-Moline tractors in your location, and other details as to paint condition (original, older restoration, new restoration), tin, 3-point, etc. I am not a farm equipment appraiser, but there are some site users who have attained that certification, and who could give you an appraisal for a fee.
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