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Burly, Price will vary with region. Case in point, a 5288 IH (160 hp) did not sell at an auction recently in Lancaster, PA because if failed to bring a bid of $11,000. Had I the money to purchase it, I would have brought it back to the Midwest where it should bring a minimum of $20,000. Tractor had only 3000 hours on it. Anyway, back to the good tractor, the Oliver. You say it's a 1974 model. It should have an oil cooler then because beginning in '74 Oliver equipped 1855 diesels with the oil cooler that the 1955 used. 1855s prior to 1974 had no oil cooler and suffered a great many failures (there were of course other root causes, namely improperly balanced crankshafts, two-piece wrist pin bushings, incorrect rod cap hardware installed, and small oil capacity). As a result of all the failures, a massive field campaign was initiated in '74 to install oil coolers on previous 1855s already in the customers' hands and current '74 models and after were fitted with oil coolers. So yours should have this. They were also somewhat noted for having relief valves go bad. They required frequent and proper shimming or the system will overheat. In any case, I don't want to give a negative impression of this tractor that is truly one of the greats, especially that tranny. I would believe that your tractor should be worth between $7000 and $8000. Of course, this is all based on an assumed region. They truly are a great tractor.
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