This isn't new. Prices for old iron have been dropping since the 2000 or so. So has attendance at shows. I think it is the older guys are ageing out of this. And because fewer folks are farming now, fewer are into old tractors. If you look at the prices of the tractors from the 60's and 70's, they are up pretty good over the last 10 years. I don't see a lot of upside to this, there is a lot of land farmed around here, but very few farmers - local guys are farming 12K+ acres.
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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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