Re: Bizarre - Tractor Prices at Auction

Posted by jdemaris on May 21, 2004 at 05:56:18 from (209.23.28.8):

In Reply to: Bizarre - Tractor Prices at Auction posted by Sean in Calgary on May 20, 2004 at 12:07:48:

Your's is the kind of story I usually hear about the ONE auction I don't go to. I rarely find bargains anymore. Here in Central New York State, even the small auctions are attended by big salvage companines and it's hard to compete with them. For example, an old farmer died recently, and his family put his stuff up for sale at auction last week. Just about all his equipment was crap. I'm not trying to speak ill of the dead, but he was the kind kind of guy that hated chaning oil, and figured anything could be fixed with wire and duct tape. There were a few pieces I was interested in if they went cheap. Well, I got there and right off I encountered two buyers -one from Marshal Machinery in PA. He had a checklist/notepad and was marking down all the bids he was prepared to make. Anyway, first a 2010 Deere ag. tractor was bid on. A complete wreck and parts machine. Looks like the engine has been torn apart 20 years ago and left open to the weather out in the field. No tires, rims rusted, engine out in the rain and snow with no head on it. I walked away after bidding went over $800; don't know what it brought. I was after a Porsche tractor, a little two cylinder diesel air-cooled from the late 50s. I know it didn't run back in 1979 because the guy had asked me to get it running for him if I could do it "cheap." I said no, and it had sat out in the field ever since. I heard one "big buyer" wisper to someone that is should bring around $600-$700. Well, it went over $2000 and again, I walked away. One more piece I wanted for parts was a Ford/Dearborn two-row grain-drill. And, wouldn't you know it. Just before bidding started, some guy recognized me as a prior local Deere mechanic, and starting talking up a storm. Before I knew it, the d*mn planter sold for $75 and I missed it. Probably the only bargain there.

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