Wow! I wouldn't pay that much until I had a lot more info. I would want a thorough inspection of the boiler and firebox. It's missing the safety, governor, a whistle. It appears to have the rod broken, the stream cylinder is crumpled (inside might still be OK, but don't know). Any non certified work on the boiler would have to be redone/checked by a certified boiler shop, not cheap.
Given all that, it is only a stream engine, not a traction engine (and thus 90% boiler, the expensive to repair part). Steam is cool, but you should know what the heck you are doing and have some money to sink into it.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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