Was at a sale last Saturday and several of the tractors had reserves. One particular somewhat rough IH 454 with a loader and a 7' finish mower was bid up to $1,400, the auctioneer stopped and said there was no point going on begging for bids a $100 at a time. He said it takes another $1,000 to buy it, was anyone interested at $2,400. No one spoke up and he said no sale and moved on.
At the same sale there was a JD A, early restoration, nice condition and decent tires, no reserve, that they couldn't get started, but it had run earlier, the auctioneer guaranteed it to start and run. Only brought $1,500, in fact the auctioneer said I'll bid $1,000 on it (not sure that was kosher, but earlier he did announce that he or his workers might bid on items for their personal use so at least everyone knew about it), he had that much confidence in it but maybe felt bad for the consignor. Thinking in the crowd it should have brought more than $1,500, and would have, had it been running (I'm no JD fan so I don't have any idea what they go for in our area). I saw the buyer later start it up and drive it off.
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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.
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