Well you might with 1950 prices but not 1952-53 prices. There was a farm recession then. Many farmers went to factory jobs for the income. WWII had inflated prices while Europe rebuilt its Ag production. Then by the early 1950s they had them on line. So Farm prices fell.
As for Bruce's point. The current cost of parts and labor are at TODAY'S cost of production. The old tractor value is based on the value of when it was produced and it working value today.
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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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