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Farmall tractor as an investment (please read)
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Posted by KURT on March 21, 2002 at 02:50:00 from (64.109.118.238):
I work for a company in Mi. that sells gas caps and radiator caps for old equip. and old tractors. We have a few distributors that buy in bulk from us and a comp. in Co. called Steven Equipment (mostly tractor equipment) talked to one of our sales guys yesterday and said that the farmall tractors (and IH tractors) are going to be worth what the John Deeres are worth in a few years. So that makes me think my 44H will be worth $4000 in 5 years instead of $1600 now.
And it got me thinking, I was trying to sell a 51 IH cub last summer and I talked to a guy in Minnesota who called me and he said he did not own a Cub but would like to have a restored one. This guy already owned 52 (yes 52) international harvester tractors and 45 Allis chalmers tractors. I said where in the &ell do you keep 100 tractors and he said He built a 70 by 120 building to house them. (the guy was in his 60's) and he said that his grandchildren will get them we he kicks the bucket. He said all his tractors ran and most were of restored or older restored condition. He owned several M's H's C's also had 460,560,300,350,A,W6,W4 ect. + had doubles and triples of some models. He lived near Rochester Minnesota. (I would love to see his collection)
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