Maybe your insurance company is asking "what did you pay for the tractors when you bought them"?
Deere likes to support the used prices of their tractors. Most older Deere tractor in usable condition still sell for their new price or higher so don't sell yourself short.
If your insurance is like antique cars your premiums are based on the insured value, up to the current appraised value. I'd take some pictures to support their current condition and then insure your tractors for their current replacement values. The insurance company will have the serial numbers, they can research the original list price if they want to.
In 1971 dad bought a 2020 gas loader tractor. There was a laminated "window sticker" total just over $6500 list price. Options that I can remember were dual hydraulics, rack & pinion axles, heavy cast wheels, engine side frames, continuous running rear 540 PTO, telescoping 3PH links, and 14.9x28 & 7.50x16 tires. Live PTO was expensive, another $600, I'd guess a diesel engine would have added at least $500.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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